Starting a business with other people, candid things to discuss, separating business from friendship, excitement vs rationality, future planning and more - Episode 066

When setting out to start a business with other people, often excitement and motivation are the leading forces. Without a doubt these are important because often the startup phase requires immense energy to bring an idea into existence. However what is crucially missed in the midst of all this excitement is - are the people I am about to go into business with the right people? 

The answer to this question is almost always - yes absolutely. After all, you don’t want to be the spoil sport that raises concerns whilst there are big dreams being discussed. But unless the question is considered internally and amongst your soon to be business partners with total transparency, everything that needs to be said will be left unsaid. Which if said 2-5 years down the line will be both expensive and heartbreaking.

To help avoid both the expense and heartbreak and instead thrive as a team for years to come, Dr Ro and Harminder discuss the following questions in this episode:

• How to select your business partners?
• What are the most important areas which create the biggest impact when selecting business partners?
• What important topics of discussions must be had before you kick start anything?
• Both Dr Ro and Harminder talk into their personal experiences when things have gone well and not so well.
• How to separate business from friendship?
• How to approach things rationally without losing the excitement of a new venture?
• When should you be having these candid conversations and why?
• And much more in-between. 

Go ahead and listen to this episode and set in motion a wonderful business based on sound business relationships from day one.

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