Comments on: 5 Questions You Must Ask Before Getting Into Bed With a Business Partner http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/ Startups, entrepreneurship, business and social media Thu, 09 Feb 2012 15:06:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Chris Brunner http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/comment-page-1/#comment-1606 Chris Brunner Fri, 22 Dec 2006 05:57:04 +0000 http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/#comment-1606 Here are some related posts on the subject of partnerships: http://www.greatfxbusinesscards.com/news/business-partnership-tips.htm http://www.greatfxbusinesscards.com/news/failed-business-partnership-warnings.htm Here are some related posts on the subject of partnerships:

http://www.greatfxbusinesscards.com/news/business-partnership-tips.htm

http://www.greatfxbusinesscards.com/news/failed-business-partnership-warnings.htm

]]> By: Chris Brunner http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/comment-page-1/#comment-104382 Chris Brunner Fri, 22 Dec 2006 05:57:04 +0000 http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/#comment-104382 Here are some related posts on the subject of partnerships:<br><br><a href="http://www.greatfxbusinesscards.com/news/business-partnership-tips.htm">http://www.greatfxbusinesscards.com/news/busine...</a><br><br><a href="http://www.greatfxbusinesscards.com/news/failed-business-partnership-warnings.htm">http://www.greatfxbusinesscards.com/news/failed...</a> Here are some related posts on the subject of partnerships:

http://www.greatfxbusinesscards.com/news/busine…

http://www.greatfxbusinesscards.com/news/failed…

]]> By: Carolyn Manning http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/comment-page-1/#comment-1286 Carolyn Manning Wed, 13 Dec 2006 16:54:08 +0000 http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/#comment-1286 Thanks for the explanation. Thanks for the explanation.

]]> By: Carolyn Manning http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/comment-page-1/#comment-104381 Carolyn Manning Wed, 13 Dec 2006 16:54:08 +0000 http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/#comment-104381 Thanks for the explanation. Thanks for the explanation.

]]> By: Ben Yoskovitz http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/comment-page-1/#comment-1285 Ben Yoskovitz Wed, 13 Dec 2006 16:35:31 +0000 http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/#comment-1285 I think the "bailing out" conversation is related. It's not a bad idea to say, "We're going to give this a try for X-period of time. If we're not where we want to be, we need to look at finding a way out / next steps." But a real exit strategy is a success story not a bailing out story... Thanks for stopping by! I think the “bailing out” conversation is related. It’s not a bad idea to say, “We’re going to give this a try for X-period of time. If we’re not where we want to be, we need to look at finding a way out / next steps.”

But a real exit strategy is a success story not a bailing out story…

Thanks for stopping by!

]]> By: Ben Yoskovitz http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/comment-page-1/#comment-104380 Ben Yoskovitz Wed, 13 Dec 2006 16:35:31 +0000 http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/#comment-104380 I think the "bailing out" conversation is related. It's not a bad idea to say, "We're going to give this a try for X-period of time. If we're not where we want to be, we need to look at finding a way out / next steps."<br><br>But a real exit strategy is a success story not a bailing out story...<br><br>Thanks for stopping by! I think the “bailing out” conversation is related. It's not a bad idea to say, “We're going to give this a try for X-period of time. If we're not where we want to be, we need to look at finding a way out / next steps.”

But a real exit strategy is a success story not a bailing out story…

Thanks for stopping by!

]]> By: Carolyn Manning http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/comment-page-1/#comment-1284 Carolyn Manning Wed, 13 Dec 2006 16:31:44 +0000 http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/#comment-1284 Oh. My understanding of an exit strategy was more on the order of bailing out. Nevermind. :) Oh. My understanding of an exit strategy was more on the order of bailing out. Nevermind. :)

]]> By: Carolyn Manning http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/comment-page-1/#comment-104379 Carolyn Manning Wed, 13 Dec 2006 16:31:44 +0000 http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/#comment-104379 Oh. My understanding of an exit strategy was more on the order of bailing out. Nevermind. :) Oh. My understanding of an exit strategy was more on the order of bailing out. Nevermind. :)

]]> By: Ben Yoskovitz http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/comment-page-1/#comment-1280 Ben Yoskovitz Wed, 13 Dec 2006 14:17:19 +0000 http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/#comment-1280 You shouldn't look at "exit strategy" as having a negative connotation, because that's certainly not the point. I also don't think of it as plan B, it's plan A. Having said that your exit strategy might be, "to earn a comfortable living and run a business till you retire." In effect your exit strategy is to grow to a certain size and keep it going...not really an exit strategy per se (in the traditional sense of being bought out, acquired, IPO, etc.) but asking the question with the focus on "exit strategy" really helps focus the purpose/drive of the company. Carolyn - you're definitely right about watching a potential partner's reaction. After all the questions are there to create dialogue, not be an interrogation. That dialogue hopefully lets you learn something more about the potential partner. You shouldn’t look at “exit strategy” as having a negative connotation, because that’s certainly not the point. I also don’t think of it as plan B, it’s plan A.

Having said that your exit strategy might be, “to earn a comfortable living and run a business till you retire.” In effect your exit strategy is to grow to a certain size and keep it going…not really an exit strategy per se (in the traditional sense of being bought out, acquired, IPO, etc.) but asking the question with the focus on “exit strategy” really helps focus the purpose/drive of the company.

Carolyn – you’re definitely right about watching a potential partner’s reaction. After all the questions are there to create dialogue, not be an interrogation. That dialogue hopefully lets you learn something more about the potential partner.

]]> By: Ben Yoskovitz http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/comment-page-1/#comment-104378 Ben Yoskovitz Wed, 13 Dec 2006 14:17:19 +0000 http://www.instigatorblog.com/5-questions-you-must-ask-before-getting-into-bed-with-a-business-partner/2006/12/12/#comment-104378 You shouldn't look at "exit strategy" as having a negative connotation, because that's certainly not the point. I also don't think of it as plan B, it's plan A.<br><br>Having said that your exit strategy might be, "to earn a comfortable living and run a business till you retire." In effect your exit strategy is to grow to a certain size and keep it going...not really an exit strategy per se (in the traditional sense of being bought out, acquired, IPO, etc.) but asking the question with the focus on "exit strategy" really helps focus the purpose/drive of the company.<br><br>Carolyn - you're definitely right about watching a potential partner's reaction. After all the questions are there to create dialogue, not be an interrogation. That dialogue hopefully lets you learn something more about the potential partner. You shouldn't look at “exit strategy” as having a negative connotation, because that's certainly not the point. I also don't think of it as plan B, it's plan A.

Having said that your exit strategy might be, “to earn a comfortable living and run a business till you retire.” In effect your exit strategy is to grow to a certain size and keep it going…not really an exit strategy per se (in the traditional sense of being bought out, acquired, IPO, etc.) but asking the question with the focus on “exit strategy” really helps focus the purpose/drive of the company.

Carolyn – you're definitely right about watching a potential partner's reaction. After all the questions are there to create dialogue, not be an interrogation. That dialogue hopefully lets you learn something more about the potential partner.

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