Choosing A Business Partner: 2 Tips
Jasbina Ahluwalia asks Dhru Beeharilal: I think that’s great. By having a board of advisors with skills complementary to a skill set that you may not have, you can really add that value as you’re beginning. I think that’s great advice.
You mentioned who, why and how. Let me ask you about the who.
Choosing A Business Partner: Selective
I can appreciate how important it is that, if you’re going to partner up with someone, you choose that partner very selectively.
Do you have any suggestions for someone who is thinking through different people who may be viable partners for them?
Choosing A Business Partner: Values
You hit on one of the major ones, which is that you want to get someone who shares your values on one hand, but can also complement the way you work.
Choosing A Business Partner: You’re Business-Minded
If you know business really well,
- You want someone who has innovation and ideas.
- You want someone who can be very stimulating as far as generating ideas of ways to improve the business overall and create products and services.
Choosing A Business Partner: You’re Creative
On the other side, if you’re very creative and you have a lot of ideas of the things you want to do,
- you want to get someone who knows business. You don’t necessarily know your way around all the financials and the different markets.
Choosing A Business Partner: Walt Disney
A great example is Disney. Walt Disney was the creative mind behind everything.
A lot of people don’t know this but, if it wasn’t for his older brother Roy Disney, he was the one who actually created the corporation and dealt with all of the financials.
If that didn’t happen, Disney would have been nothing but an artist.
In choosing your business partner, what details did you address? Share with us in the comments section below.
The above is an excerpt from Jasbina’s interview with Dhru Beeharilal.
The entire interview transcript is at: Dhru Beeharilal NetIP (Network of Indian Professionals) Interview – Being True to You
Listen to the entire interview on: Intersections Match Talk Radio – Jasbina’s Lifestyle Show
Listen to the entire interview on Blog Talk Radio: NetIP Spotlight- Live Your Potential [Being True to You - Dhru Beeharilal]
Listen to the entire interview on iTunes