4 Things You Have To Know About Business Partnerships

Ah, business partners. I always ask people in roughly equal partnerships, “Who's the shitty partner?” If they don’t know, it’s them.

My philosophy on this has changed over the years. I started my core business with a 50/50 partnership. 

I ended up buying him out after 9 or so years when I felt like the relative value of what each of us brought to the company had become unequal. 

It was a long and taxing process and ultimately costly so I don’t recommend it. Here are 4 tips for staying out of trouble: