Posts Tagged ‘Partners’
Should you have a Business Partner?
Thursday, December 1, 2016 17:04 No CommentsRunning a business is a lot easier when you have a business partner to share the highs and lows, as well as all the work. You may of course have all the skills needed for your business, but have you the time? Or are there some areas that you love doing and excel at, but [...]
Business Partner pitfalls and how to avoid!
Monday, February 15, 2016 10:45 No CommentsHaving a Business Partner can be a great benefit. They bring additional skills and resources, you also have someone to bounce ideas off and to share the stress & risk. But in some cases the partnership can go wrong. Occasionally it is because there was not enough due-diligence in checking the background of the potential [...]
Make your business scalable – the Investor holy grail
Thursday, November 12, 2015 12:09 No CommentsFirstly let me say what I mean by scalable. That each new customer produces additional revenue for very little addition cost. Think of software for example, once the costs of developing and producing the first copy are met, each additional sale of the software has minimal costs. Whereas a service orientated business such as consulting [...]
The difference between a Business Partner and an Investor
Friday, August 21, 2015 16:59 1 CommentCompany Partners provide access to both Business Partners and Investors so what is the difference and when would you have one but not the other? Certainly an Investor is a business partner of sorts and can bring many of the benefits of a business partner. A Business Partner could in some circumstances end up investing [...]
Don’t make this mistake in your first conversation with a potential business partner or Investor
Sunday, March 1, 2015 10:52 3 CommentsYou don’t know when you might bump into or be talking to a useful contact, business partner or even potential Investor. This first conversation is your best chance to impress and could determine whether you get a second more detailed conversation or meeting. So grab the chance to explain your business, or idea, in a [...]
1000 Business Ideas you can start
Monday, March 24, 2014 10:47 No CommentsI’m always saying that ideas are 10 a penny, it’s getting off your backside and doing it (and doing it well) that counts. But are there really that many new business ideas about? I decided to have a look. Not all of them would in fact prove commercial and some when you examine them, are [...]
The 5 key things you must do before revealing your great idea
Wednesday, December 11, 2013 20:32 1 CommentI often get calls from members who are looking for a Business Partner or Investor but are concerned about how much they can reveal of their business idea. It is a conundrum; because on one hand you need to tell something of your business idea in order to attract a partner or funding, but too [...]
Avoid Business Partner melt down
Wednesday, January 4, 2012 18:19 5 CommentsI had a call from a director of a business that I occasionally provide with mentoring to ask me to come round asap. Over the Xmas break he had been having second thoughts about carrying the activity on, even though it was profitable. There was too much stress and he wasn’t getting on with his [...]
Who needs a business partner?
Friday, January 28, 2011 13:18 2 CommentsThere’s a common misconception of the typical entrepreneur being a charismatic individual business person, not needing or wanting a partner’s help in driving forward his all conquering venture. Think Richard Branson, Bill Gates, or the latest film idol, Mark Zuckerberg of Facebook fame. Yes they were the front men and there’s no doubt that they [...]