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Why Form a Business Partnership

Adventures in Businessing

Release Date: 11/12/2021

Leading to Fulfillment - Episode Zero show art Leading to Fulfillment - Episode Zero

Adventures in Businessing

While there will not be new episodes of Adventures in Businessing, we are excited to announce a brand new podcast. Here is a sneak peek with our episode zero. Leading to Fulfillment is a weekly 30 to 40 minute podcast that highlights the impact of People-First leaders and teams where fulfillment is the true measure of success.. In each episode James Laws has conversations with leaders, entrepreneurs, and other thinkers from all walks of life and kinds of businesses to find out how they think & lead differently and make decisions that lead to fulfilling work and fulfilled teams.

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Parting on Good Terms show art Parting on Good Terms

Adventures in Businessing

O Oysters,' said the Carpenter,

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Navigating Tension in a Business Partnership show art Navigating Tension in a Business Partnership

Adventures in Businessing

Whether you’re considering taking on a partner for your business, or you’re well into one within your organization, tension comes in many different forms, from minor, slow, and creeping to sudden, impactful, and concerning.

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Why Form a Business Partnership show art Why Form a Business Partnership

Adventures in Businessing

Leading, planning, and managing-- while they can and have been accomplished by solopreneurs, it certainly isn’t easy. Is the answer to find a partner in crime?

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How to Get the Most out of Business Events show art How to Get the Most out of Business Events

Adventures in Businessing

In the last episode, our hosts discussed the importance of business events, their potential for deep thought, creativity, networking, and the additional benefits they bring.

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The Importance of Business Events show art The Importance of Business Events

Adventures in Businessing

We’ve talked extensively about culture in recent episodes, but what’s next? Business travel and events, that’s what! If done correctly, with the right goals in mind, business events can be such an effective tool for camaraderie, networking, creativity, inspiration, and fun!

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Planting, Protecting, and Propagating Your Culture show art Planting, Protecting, and Propagating Your Culture

Adventures in Businessing

Across the last few episodes we’ve covered all things ‘Company Culture’: defining exactly what it is, and how purpose and values contribute to, guide, and otherwise influence your culture’s development.

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Discovering Your Values show art Discovering Your Values

Adventures in Businessing

Even if you’ve not acknowledged or prepared for it, values should drive your company. Whether you’re the person who established your company or not...you likely won’t be the only one who decides upon, contributes to, influences, and nurtures the organization’s values.

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Discovering Purpose show art Discovering Purpose

Adventures in Businessing

Discovering Purpose is a fundamental psychological need. Without it we’re so often driven into the darker aspects of life: self-destruction, callousness, or outright apathy. However, it could be argued that with purpose we’ll never reach an upward limit of human ingenuity and potential.

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What is Company Culture show art What is Company Culture

Adventures in Businessing

Company culture. For a thing that’s become so ubiquitous in nearly all workplaces, why is it that so many of us are unable to define it, unsure of its impact, and unaware of the things that can shape, harm, and evolve it.

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Show Notes:

  • [0:00:39] Intro | Timely Topics
    • Last time on AIB...
  • [0:04:09] Benefits of Starting a Partnership Before You've Started a Business
    • You don't have to be good at everything.
      • You can lean on your partner to fill in the gaps.
    • Look for someone who brings skills to the table you don't have.
    • Feel out the relationship with the potential partner before overcommiting.
      • You ideally want a partner with similar enthusiasms and energy levels.
    • Even if you get along, if you can't agree on the vision...that's a huge red flag.
  • [0:20:36] Trust is Essential
    • If you have one thing, let it be trust.
    • Stress equity and sharing the load.
    • Spend time in your strengths.
    • Sustainability is just as essential as trust.
    • Ideally, the people you partner should be of the same calibur of people you'd trust your own child with.
    • Conflict has a greater cost in partnerships and friendships.
  • [0:28:21] Parting Thoughts
    • What's the right partner percentage?
    • What's the right number of partners?
    • Evaluate, discuss, be transparent.
    • "A friendship founded on business is a good deal better than a business founded on friendship."