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Innhold levert av Joshua Latimer. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Joshua Latimer eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
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Should You Get a Business Partner? How to Avoid Costly Mistakes

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Manage episode 441438581 series 3593888
Innhold levert av Joshua Latimer. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Joshua Latimer eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In this episode, Josh dives deep into one of the most common questions entrepreneurs face—Should I get a business partner? With insights from his personal experiences building and selling four companies, Josh covers the pros and cons of partnerships and shares crucial tips to protect yourself and your business. Here’s what you’ll discover...

Episode Summary:

  • The “Vegas Wedding” Trap of partnerships and why most are easy to start but hard to end.
  • Why 50/50 partnerships don’t work—and the one thing every partnership needs to avoid deadlock.
  • How to avoid giving away millions in equity by using a vesting schedule.
  • The critical need for a buy-sell agreement and key-man insurance—protect your business if disaster strikes.
  • Why most small business owners don’t actually need a partner—and what they should do instead.

Join My FREE WarPlan Coaching Group By CLICKING HERE

Subscribe To My YouTube Channel By CLICKING HERE

Copyright 2024: Honor And Fire LLC

  continue reading

45 episoder

Artwork
iconDel
 
Manage episode 441438581 series 3593888
Innhold levert av Joshua Latimer. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Joshua Latimer eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

In this episode, Josh dives deep into one of the most common questions entrepreneurs face—Should I get a business partner? With insights from his personal experiences building and selling four companies, Josh covers the pros and cons of partnerships and shares crucial tips to protect yourself and your business. Here’s what you’ll discover...

Episode Summary:

  • The “Vegas Wedding” Trap of partnerships and why most are easy to start but hard to end.
  • Why 50/50 partnerships don’t work—and the one thing every partnership needs to avoid deadlock.
  • How to avoid giving away millions in equity by using a vesting schedule.
  • The critical need for a buy-sell agreement and key-man insurance—protect your business if disaster strikes.
  • Why most small business owners don’t actually need a partner—and what they should do instead.

Join My FREE WarPlan Coaching Group By CLICKING HERE

Subscribe To My YouTube Channel By CLICKING HERE

Copyright 2024: Honor And Fire LLC

  continue reading

45 episoder

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