Finding the right partners is the path to happiness, good memories and success. On the other hand, finding the wrong partners is the path to conflict, angst and failure.
This is what you need to know to prepare yourself for a Fintech partnership.
Plainly speaking, one size fits none! There is no standard or cookie-cutter approach to picking the best cross-border partners when going to market.
It pays to find someone that you trust and enjoy being with for hours at a time, even through hard times. Look for these additional traits to make a business partnership work.
When forming a business partnership - just like a marriage - there are certain key steps to take at the beginning that will help in the transition if your professional relationship should end.
Start-ups are launched every day but only a select few will ultimately be huge hits in their industries.
Many entrepreneurs fail to see the positive potential of a strategic partnership or some other type of collaborative relationship with competitors. Sometimes you have to put aside the emotion and the passion and just look at what is best for your business.
Fresh Founders speak from experience.
Samantha Harper lost a business because she failed to sign a partnership agreement. That’s the downside to trusting too much. The upside is that it’s the kind of mistake you only make once.
Like a marriage, a business partnership often begins with enthusiasm and high expectations - only to end in acrimony and legal proceedings.
When Bryan Burkhart and Sonu Panda launched their New York-based subscription floral service H.Bloom in 2010, they spent every working moment together.
Don’t let a lack of legal foundations cost you in the long run.
Don’t get carried away by the idea of owning your own business and forget to put a few agreements in place first.
A good partnership can give you the competitive edge.
Why entrepreneurs should look for co-founders.
Is offering equity in your business to a potential investor tantamount to selling your soul?
When is the right time to enter into a partnership, and what structure should that partnership form?
Pitfalls abound when entrepreneurs decide to become partners. Understand partnerships ahead of time so you can set up guidelines that allow people to walk away if things go wrong.
How to decide if you should fly solo or hook up with a business partner.
Unfortunately, you can't always retain full ownership of your company. If it comes to selling shares, here are some potential hazards to watch out for.
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