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Navigating Tension in a Business Partnership

Adventures in Businessing

Release Date: 11/19/2021

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Show Notes:

  • [0:00:38] Intro | Timely Topics
    • Last time on Adventures in Businessing
    • Quoting Nacho Libre
  • [0:02:34] All Relationships Have Tension
    • How does one get around inevitable tension?
    • Tensions are typically a good sign that you care.
    • Have well-defined roles to alleviate the pressure and stress.
    • You need to be a little thick skinned.
    • Misalignment is the genesis of many tensions.
    • Navigating tension lies in transparency and communication.
    • Fundamental disagreements can happen.
  • [0:10:05] If You Want to Navigate Tension Well, You Have to Navigate it Often
    • You have to talk about the business and eachother, the overall feeling, on a recurring basis.
    • If left unchecked, tension becomes passive aggressive tendencies, a lack of empathy for eachother, or outright hostility.
    • Embrace differences.
    • Be open about misunderstandings.
      • It's okay to be vulnerable and honest above being prideful and full of false confidence.
    • Trust above all else.
  • [0:22:47] The Decision Matrix & Preemptively Stopping Tensions
    • Motivation
    • Goals
    • Vision
    • Values
    • Objectives
    • All should be heard and considered.
    • Bringing in a third voice/partner can help.
  • [0:27:32] Conclusion & Takeaways
    • Communicating is key.
    • Assume the best.
    • Be willing to give and receive constructive critique.