Being successful in partnership is not rocket science. We have previously discussed some of the key elements we have seen in successful business partnerships. It comes down to many of the principles of The 3 Laws of Empowerment. If you want a successful partnership, you have to do these very things that we have talked about in other contexts.
#1. Prepare. Understand what skills you need. Understand where you are going, have the vision, and know that you can be successful in partnership. If you start with this foundation, you are laying the groundwork for success.
Where are you going? What do you need to do to get there? What do you want your life to look like? Are you going to be intentional about it? If you start with the preparation, you are going to start moving toward greatness.
#2. Plan. It is one thing to want greatness and a certain lifestyle, but if you are going to get there, have a plan. Know the path and how to get there. This means good planning and execution on that plan, in order to work your way to where you want to be.
#3. Protect. It is great to prepare yourself and to have a plan, but make sure you get what is fair and right for your skills and efforts and your work along the way.
How are you making sure that you are going to get paid for your efforts? For what is right for your contributions to society and the economy?
What has been your experience on making contributions that work, to achieving success? What have you done differently? What have you seen others do? Join us in the comments below.
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This posting is intended to be a tool to familiarize readers with some of the issues discussed herein. This is not meant to be a comprehensive discussion and additional details should be discussed with your attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. Each case is unique. Past results do not guarantee future outcomes. This article should not be treated as legal advice to any person or entity. Freeimages.com/photographer Andy Stafiniak.
About the Author
R. Shawn McBride is the Chief Innovation Officer at McBride For Business, LLC. His signature keynote, The 3 Laws of Empowerment, gives audiences an entertaining look at how they can prepare, plan and protect themselves. You can email R. Shawn McBride or (214) 418-0258.