The most pivotal moments can happen right as they begin. What’s the difference between business partnerships that end in trouble, and those that stand the test of time? Derek Nelson, partner and co-founder of Clique Studios, LLC, shares the answer:
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Welcome to Wednesday and your weekly dose of insight, reality and encouragement to create and grow partnerships that you never thought possible! 💡Wednesday Partnership: On looking to people you trust, how to share revenue at the start and knowing what your business needs. Tap the tile to read on!
Wednesday Partnership: On looking to people you trust, how to share revenue at the start and knowing what your business needs — Phil Hayes-St Clair
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Each Wednesday Phil Hayes-St Clair shares 3 ideas and 1 question for you to consider this week to create partnerships you never thought possible. Here's this week's topics: ✅ On seeking the right commercial model ✅ Finding the one measure that matters ✅ Closing deals Tap the tile to dive deeper!
Wednesday Partnership: On seeking the right commercial model, finding the one measure that matters and closing deals — Phil Hayes-St Clair
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Co-Founder & CEO at ByteMinds – dedicated teams for web architecture, development, deployment and support. Microsoft Gold Partner.
What is the most important to you when considering business partnerships? Recently, I was approached with a partnership offer by a leading company's owner. It was a flattering and intriguing first in my career. However, is the excitement of new possibilities enough to make such a significant decision? For me, it all comes down to trust and reliability. Even with a seemingly solid offer and trustworthy potential partners, I take a step back to assess the long-term view. Shared goals and values and potential growth of the partnership are also important in line with financial stability. What are the benefits and risks? Will this move us forward together in the right direction? How do you approach such decisions? #businesspartnerships #futuregrowth #strategicdecisions #futureplanning
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Really enjoying contributing to Business Journals Leadership Trust this summer. My key approach? Add value. By comprehending a partner's objectives and crafting mutually beneficial opportunities, you can establish a competitive edge and strengthen resiliency. #businessleadership #valuecreation #strategicpartnerships #resilientbusiness
The challenge is convincing a potential partner a relationship will be mutually beneficial, so you must be ready to demonstrate your unique capabilities. Read more at https://lnkd.in/g2eGEpsc from Jessica Hawthorne-Castro of Hawthorne Advertising, Quentin Pell of Q5 Advisory, Gary Braun of Pivotal Advisors, LLC, Ariya Malek, M.A. of Educational Awakening Center, Zain Jaffer of Zain Ventures, Steven Kaufhold of Kaufhold Gaskin LLP, and Kent Lewis of pdxMindShare
Top strategies for small businesses to secure lucrative partnerships - The Business Journals
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Pediatric Behavioral Sleep Specialist || Corporate Wellness Consultant || Helping Companies Enhance Performance, Increase Profits, & Improve Culture Through Sleep
Small but mighty - that's the underestimated power of small-scale providers in business partnerships. These compact powerhouses, unlike their colossal counterparts, offer you the beauty of certainty. You know exactly what to expect and who you'll be dealing with straight off the bat. And you know what’s great about this? Trust comes a lot easier. You know who you're dealing with and can expect quick, clear communication. With no hidden layers, you get immediate access to decision-makers, speeding up processes and creating dynamic solutions. This makes things move faster, and who doesn’t want to get their project rolling ASAP? Here's the real kicker - smaller partners are nimble. They can effortlessly bob and weave, tailoring their services to match the ever-changing dance of business needs. Don't underestimate the power of a smaller player. Their agility and laser-sharp focus can often be the pivotal tipping point in the successful roll-out of new initiatives. Are you harnessing the power of small-scale providers in your business partnerships? #SmallBusiness #HealthAndWellness #EmployeeBenefits
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Do you agree with Dave Ramsey that "the only ship that doesn't sail is a partnership"? I know many partnerships, where the two partners have 50% ownership and where the two partners have unequal ownership, that are engaged in healthy business with no signs of imminent failure. I also understand the implications of a business disagreement between the two partners. Do the pros outweigh cons for you, or vice versa?
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🚀 Thinking of starting a business partnership? 🚀 Before you dive in, there's one crucial step you can't afford to skip: a solid partnership agreement. Trust me, I learned this the hard way! In my latest Medium article, I share my personal journey of starting a business with a friend, the challenges we faced without a formal agreement, and the invaluable lessons learned along the way. 📜 Key Takeaways: Why a clear division of roles and responsibilities is essential How to handle disagreements and decision-making The importance of an exit strategy and non-compete clause Managing finances and profit-sharing Reevaluating contributions to ensure fairness This article isn't just about my story—it's a practical guide for anyone looking to start a business partnership. Plus, I’m eager to hear your thoughts! Do you have advice or experiences with partnership agreements or team-building? Share your insights in the comments. Let’s build better businesses together!
Don’t Start a Business Partnership Without This Key Step
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AVP at IDFC First Bank | IIFT Delhi | Driving in Cross-Channel Collaboration, Customer Behavior, and Relationship Building through Effective Marketing Strategies.
Partnerships aren't just about immediate benefits. It's about sharing information and building roadmaps together. After 5 years in financial marketing, I've learned to be flexible and focus on nurturing long-term partnerships. It's not always about getting a return right away. Sometimes, the experience gained during the journey is the real reward. Avoid a transactional approach to partnerships and focus on building lifelong connections beyond just monetary gains. #partnerships #financialmarketing #flexibility #longtermthinking
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Partnerships are the backbone of many successful businesses, providing a foundation for growth and innovation. But forming and maintaining a healthy business partnership requires understanding, effort, and strategic foresight. Here's how you can navigate these waters effectively #InnovateTogether #PartnershipSuccess #BusinessGrowth #ListenToAudioOneFYI Inc. Magazine Listen to AudioOne FYI: https://go.shr.lc/49xcxBS
Navigating the Ins and Outs of Business Partnerships
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Sometimes, losing a client can be the universe's way of making room for the right ones. 🌌 If a client isn't aligned with your business goals and values, consider it a cosmic nudge toward greater opportunities. Letting go allows you to soar higher, attract like-minded partners, and build a business that aligns authentically with your vision. 🌟 Remember, the best chapters often begin after a challenging page-turn. 👊💼 #BusinessGrowth #AlignmentMatters #business #businessowner #enterprenuer
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