Reddit reviews The Partnership Charter: How To Start Out Right With Your New Business Partnership (or Fix The One You're In)
We found 6 Reddit comments about The Partnership Charter: How To Start Out Right With Your New Business Partnership (or Fix The One You're In). Here are the top ones, ranked by their Reddit score.
Used Book in Good Condition
Check out "The partnership charter" by David Gage. There are some interesting insights, and he suggests something that always helps we avoid wrong partnerships. Try to create an agreement between three of you about shares, responsibilities, how to buy out someone's shares and what happens when one of the partners wants to leave by himself.
If partners don't trust each other or someone tries to get advantage of others it becomes obvious because in agreement it has to be clearly written who does what, how much, what he gets in return and what happens if he doesn't do his part.
Before you even get a partner, get this book, lock you and your potential partners in a room and go through every section. This is a must-read for any partnership.
The Partnership Charter
I learned the hard way that an operating agreement will not cover and protect you from all the potential pitfalls that comes with partnerships. If I read this book before I went into business with my friend, I would have never gotten into business with him.
I have a partner and our firm is stronger and my life is better for it. There is another person who cares as much as the other, both day to day and when one of us is on vacation. It also helps with the "hiring a salesperson" problem that every MSP faces at some point.
I believe we are the in minority with a successful partnership, most of the stories I hear are about failure and bad relationships. I would try to avoid a financial only partner, not worth giving up equity just for money.
A partnership is a relationship, there will be highs and lows and you won't always agree. ALL partnerships end, plan and discuss and write down how that should and can happen. Highly recommend this book:
https://www.amazon.com/Partnership-Charter-Start-Right-Business/dp/0738208981
For setting up partnerships, I recommend the book "The Partnership Charter" which has everything you need.
https://www.amazon.com/Partnership-Charter-Start-Right-Business/dp/0738208981
Read the Partnership Charter. Great book on partnering with someone and not screwing it up http://www.amazon.com/The-Partnership-Charter-Start-Business/dp/0738208981
Read this book:
https://www.amazon.ca/Partnership-Charter-Start-Right-Business/dp/0738208981