Sunday, April 29, 2012

The Wrong Business Partner Can Create Lifetime Pain


Irrespective of your reason for seeking and selecting a business partner its important to be looking out for the right combination. The care business - the task of serving humans - is different! You need anyone you can work well with and who shares your ideals so here are a few types you may need to keep away from.

People select a business partner for a variety of reasons. It may be that partner brings the necessary financing or a degree of expertise the other does not have or a group of individuals tackle a brand new business initiative together.

Some individuals, including those who enter the care business - assisted living, home health care, visiting physician practices - are not people centered at all. Their vision does not extend beyond the receivables and they have tiny to no concern over the delicate, emotional issues affecting those they serve. They take tiny time to encourage, uplift, inspire or dignify others.

The Funds Grubber

So in case you are people centered and among those who have the maturity to balance the financial with humanitarianism then you need a business partner with the same ideals.

The Envious

This is the who after a few weeks of operation is suspicious, for no nice reason, about what compensation you may be taking from the business. They do not inquire, they accuse. In case you have other sources of income they need to know what they are and how much funds they represent.

Keep in mind the difference between the jealous person and the envious person. The jealous person may resent your advantages, perceived or actual. The envious person resents them and desires to strip you of them. This is an wonderfully risky persona type.

They are often prisoners of their own insecurities and have the spirituality of Judas Iscariot himself. You will need to watch for this type of who desires to be your business partner.


This is the that irrespective of what duties are assigned to them - which they accept - prefer to demonstrate the authority they feel being a business owner ought to bring. Possibly they require to boss employees who do not directly document to them or they undermine sure decisions made by the partner who has the authority to make them.

The Power Nut

If this person does not reply to reason, confusion will settle in and the progress of the business will be compromised.

The Perpetually Ignorant

Some clearly do not invest the time in to learning all that the business model involves.

Everyone who enters in to a specific business model is not always tremendous literate in everything that business involves. This is why they have consultants all over the place. However, in case you enter in to a business model which is new to you it is up to this new partner to inquire in to the regulatory and operational equipment affecting that business type.

They do not use the net or available resources from the state of operation. They ask questions months in to the partnership they ought to have known well by now. Some even use ignorance as a basis for feeding both insecurity and fears they generate.

Learn how curious a potential business partner is to learn the business model and not sit around hoping they can collect a brand spanking new income. In case you discern they are not sufficiently curious this might not be the partner you need.

How often have you talked to the that has all the answers their mate told them were true about your business plan and the information they pass along is as far from reality as you could have ever imagined. It happens everyday.

The Weak Minded

Partnerships are not wicked but the wrong can surely make you think they are. So be cautious and discerning. Your lifelong fulfillment might be at stake.

Some cousin, mate from across the world, etc. who needs to show they have this person's best interests at heart feeds all of them of this rubbish and you need to come back and neat it up. Issue is it is already fact in this person's mind and their being weak minded will only bring you further grief. Its time to rethink this business union. You need clear, comprehensive, analytical thinkers, not followers or the work surroundings will sour often.

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