The right partners

When putting together a new venture it’s easy to take on any partners who are willing to join. It’s easy to think “if they can fund X it’s worth partnering with them”.

The question is, are they the right partners? Do they have similar values? Do they have similar goals? Do they have similar time lines? The other thing to consider is what else do they bring to the table? They might be able to bring the money needed but do they have any expertise that could help? Do they have contacts that could help the new venture take off?

Putting together a group of partners can be relatively easy. The real challenge is putting together the right group of partners.

Have a great day!

Lawrence

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