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Desiree SimpsonI found the No Question! Workshop a real eye opener. I was made aware of how my thought patterns and certain patterns of behaviour have affected all different aspects of ... READMORE |
I am responsible for my lilfe"The No Question Workshop taught me to internalize that I am responsible for my life experiences, rather than being a victim! It has made me realise that I must start ... READMORE |
'.. To fail is to give up trying'“The No Question! Workshop I attended has helped me to be more accountable to myself and take more responsibility for whatever I do whether positive or negative. I am now ... READMORE |
Coaching tips for everday lifeBeing coached by Bukky was an experience! The sessions were full of encouragement, laughter and good tips on how to manage life. They left me with a sense of 'I ... READMORE |
...to pursue a passion "I decided to pursue a passion and a dream to set up my own business. I have attended the No Question seminar today to meet other women like myself. I ha... READMORE |
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Growing your business Part 2 |
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 This is the second part of the article in Success Magazine about taking on a partner in a new business.  Q: I have started a business and a friend wants to join me. I am not sure if I should make him a co-owner and partner or not. What do you think? Nancy Michaels: I don’t recommend friends work with each other. Should something go south in the relationship or you feel that obligations are not being met in the business because there’s some perceived leeway due to friendship, problems are likely to arise. Personally, I feel partnerships are inherent with problems. They’re like marriages without the physical intimacy and, therefore, a challenge to maintain long term. Even hiring a friend can be risky business because oftentimes familiarity breeds contempt, and you may be listening to too many excuses when your friend (turned employee) can’t show up one day, misses an important appointment, etc. Mark LeBlanc: Congratulations on starting your own business. The decision to partner with another person is a serious one most people take too lightly. Partnerships fail because people often get into them for the wrong reasons. Sometimes, a person is insecure about his or her ideas or the potential of the business, and seeks someone else who bolsters confi dence and will share the risks of venturing out into the entrepreneurial world. Partnerships can succeed when two people share common values and complement each other’s skill sets. When two people share a similar work ethic, and agree to share the risks and the rewards, it can be very exciting to link up with a partner. A real partnership agreement is crafted with help and support from a trained professional. Go online or find a template for creating a partnership agreement, and then find someone who can help facilitate the hard but important questions, such as the process for dealing with different perspectives and navigating different ways of running and growing your business.   Bookmark with:
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