Aligning values

growing a business with a partner

I always look at any successful partnerships with envy. It could be a happy marriage, close friendship, business partners…

Yes, I know that envy is the deadly sin that do not pay, but it is hard to resist.

Looking at my failures in maintaining a successful business partnership, the thought on how to create a successful business partnership continues to intrigue me.

What could transpire a business partnership into a highly successful one?

Since a partnership is always about the two or more person…

Could the alignment of values be critical?

So what are the values that has to be aligned?

These are some of mine.

• Having the same vision of what and what the business will become

  • so that we run towards a single light and not end up everywhere or nowhere

• Ability to weather losses while remaining sane

  • otherwise it would two crazy person making crazy decisions

• Always placing integrity above profit

  • transparency and honesty is paramount

• Choosing sustainable growth

  • and rejecting uncontrolled growth and growth at any cost

• Learning to say no to projects and profit which distract the core business

  • if required, spin off another company with a new team and capital

• Go beyond what the customers expects

  • cos a happy customer returns and helps to spread the words

• Treating the employees fair

  • Credit the progress to them and share the spoils

Recently, I have started on another business partnership.

He is an engineer and I will run business development for him.

We are tackling an age old industry using technology. There are multiple competitors on the market and we are trying to pivot and offer something unique.

The business is delivering its first project and we are receiving multiple enquires. We just need to quote and deliver.

Wish me luck!