EP 129 | A Partnership for your Design Business with Smith and Ragsdale – Part 2
September 9, 2019
If you’re a solopreneur, chances are you’ve fantasized about finding a partner who would take on all the challenges of running a business. For these lucky pairs, the fantasy became a reality. In part two of this two part series, we talk to Abby Smith and Abbey Ragsdale about how they make it work and what you should consider before you take a partner.
In this episode we learn:
- things to avoid when choosing a partner
- prepare a business plan (partners and solo-preneurs)
- a partnership creates natural accountability
- choose a partner with a skillset that differs from your own
- consider a test run, where you collaborate on a project before officially becoming partners
- discuss all the contentious issues up front—salary needs and expectations, time off allotments, style of compromise, etc.
Abby: Remember that the whole is greater than the sum of its parts.
Abbey: Listen fully to understand what your partner is saying to you.
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