Partnership Plunders: Navigating the Challenges of Business Partnerships
Big Business Mistakes28 Mars 2023

Partnership Plunders: Navigating the Challenges of Business Partnerships

In this episode Brandon and Kaelin share some of the biggest pitfalls to look out for when forming or restructuring your business partnerships.

Hit us up on IG! @ladyboss & @realbrandonpoulin
I Can't Believe They Said That:

“Someone's really got to be the leader. There can't be two generals. You ever heard of an army with two generals?“ -BP

“I stayed out of your lane. You stayed out of mine.” -KP

“No one will ever care about your business as much as you will.” -BP

“I got more motivated away from the pain of of not reaching my potential or not seeing what I'm made of than I was the pain of going back to living a lifestyle I could not afford.” -BP

Key Moments:

How to operate inside and outside of the business when your business partner happens to be your spouse. (16:24)

When the original reason for getting into business fades, communication saves the day. (35:56)

When the business grows past people’s ability to continue to progress the business, there is no need to burn bridges. (40:26)


The Mistakes:

Mistake 1: Failing to take quality time to truly consider each other’s strength’s led to a lesson in establishing partnership rolls. (03:32)

Mistake 2: When workload changes along with life, not communicating about rolls needing to be restructured is a hard lesson to learn. (25:58)

Mistake 3: Taking the business so seriously to the point the fun disappears. (37:50)

Mistake 4: Not giving enough consideration to matching the right form of compensation with the right rolls in the business. (45:02)

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