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How To Choose A Business Partner

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In today's presentation we continue our discussion on how to start a successful business with a look at how to choose a business partner.

Published in: Business, Technology
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How To Choose A Business Partner

  1. 1. Choosing a Business Partner by FitSmallBusiness.com
  2. 2. Reason 1 to have a partner...
  3. 3. To Fill a Skill Gap
  4. 4. Skills your business needs...
  5. 5. Ability to deliver product/service.
  6. 6. Sales/Marketing
  7. 7. Financial
  8. 8. Management
  9. 9. What else do you need?
  10. 10. Reason 2 to have a partner...
  11. 11. Share the Load (Both Work and Emotional)
  12. 12. 9 places to find business partners....
  13. 13. Network, Network, Network! 1
  14. 14. People you work with. 2
  15. 15. People who work w/ people you know. 3
  16. 16. Industry Events. 4
  17. 17. LinkedIn.com 5
  18. 18. Meetup.com 6
  19. 19. Techcofounder.com 7
  20. 20. Founderdating.com 8
  21. 21. Cofounderslab.com 9
  22. 22. 8 ways to get to know a potential partner...
  23. 23. Work on a project together. 1
  24. 24. Compare values. 2
  25. 25. Compare business motives. 3
  26. 26. Speak to their references. 4
  27. 27. Speak to others that know them. 5 (Use LinkedIn to find them)
  28. 28. Do a background check. 6
  29. 29. Do a credit check. 7
  30. 30. Ask if they have a non-compete. 8
  31. 31. 11 other questions to ask...
  32. 32. Do they have the skills they represented? 1
  33. 33. Do you have personality conflicts? 2
  34. 34. Do they share your passion? 3
  35. 35. Do they share your work ethic? 4
  36. 36. Do they share your vision? 5
  37. 37. Do their actions inspire trust? 6
  38. 38. Personal baggage? 7
  39. 39. Easy to communicate with? 8
  40. 40. Are they self motivated? 9
  41. 41. Are they willing to adapt? 10
  42. 42. Do you agree on exit strategy? 11
  43. 43. Make sure you have a partnership agreement. (The topic of our next presentation)
  44. 44. For more advice on how to start and run a successful business visit us at....
  45. 45. www.FitSmallBusiness.com (Thanks for watching)

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