What happens when your business partner and you are at each others neck or not seeing eye to eye like you thought you would? This happens many times when starting businesses but what is the best way to approach it?
Mike Michalowicz rounded up 81 different solutions from entrepreneurs on how to deal with or fix a bad partnership. What would you do? My suggestion is (and you will see this on the TPE blog post) to be upfront and honest. It’s tough going into a new business with a partner. Things can be going great but you might run into some disagreements and start to not communicate with each other. The best thing you can do is just be up front and honest with them before you terminate the partnership. At least try and figure out what’s making the partnership fail and then you can at least know what the problems are. Then decide for yourself is this is someone you should stay in business with or if it was miscommunication.
Check out the 81 Strategies To Fix A Bad or Falling Apart Business Partnership blog post.