Comments on: Who needs a business partner? https://www.companypartners.com/blog/2011/01/28/who-needs-a-business-partner/#utm_source=feed&utm_medium=feed&utm_campaign=feed Bringing business partners together Fri, 27 Mar 2020 09:45:20 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Hugh Proctor https://www.companypartners.com/blog/2011/01/28/who-needs-a-business-partner/comment-page-1/#comment-21290 Hugh Proctor Thu, 05 Jun 2014 11:27:27 +0000 http://www.companypartners.com/blog/?p=400#comment-21290 I’m in agreement, from personal experience. 
I’ve spent the past five years developing an IT solution to the problem faced by CEOs replacing legacy solutions and that they feel like they are being held ransom by IT department spending millions on failed promises.

I did this alone, and though it is now finished and I’m attempting to get my first order, hopefully in the next few months, doing the role of a salesman who is totally emotionally detached from his baby, his creation. 

Without a team, I have little to no credibility, and the risk that if purchased and I die then the solution support system dies with me. 

My father, who has had many business startup successes and all failed due to bad sour partners so he shouts at me not to get a partner and so far I haven’t. In one way, it’s great, I have no overheads or ties and I own 100% of my solution that, as said, hope to make money soon. On the other hand, OMG it was difficult to self motivate all the time, and now sales, then back to IT again, multi specialising is very tricky.

]]> By: JBarbara Quarcoo https://www.companypartners.com/blog/2011/01/28/who-needs-a-business-partner/comment-page-1/#comment-1672 JBarbara Quarcoo Wed, 23 Feb 2011 16:51:42 +0000 http://www.companypartners.com/blog/?p=400#comment-1672 Yes. One needs a business partner through thick and thin. Every time you try to involve someone in a business idea ( for some who is unemployed or already in business) they tend to say things to discourage you. Some will even admonish you others will say things like better ‘do it on your own’, ‘ your do not want any problems , especially if the other goes bankrupt’ What has the above got to do with the business growing?. I remember shouting at a relation on the phone when they decided to tell me I could do that on my own; telling them their presence was needed with all the ideas they thought I could put in motion on my own. I shouted back and indicated to them that no one can do it on their own. No man is an Island, or is that Utopia?. Of course one may have the technology such as the Computer, mobile phone, possible office space etc but to juggle all that and the duties involved and, ran around like a headless chicken, posting the hard copy letters, rushing to the post office, organising a meeting and attending it with yourself, selling all the services and products yourself, doing all the accounts and claiming all the expenses yourself is absurd.

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