Business Partnership Success Secrets - The Success Meter!

Welcome to your Business Partnership Success Free Assessment!

Take the assessment below. Consider each question as it relates to your current or future business partnership. Following the assessment is your Success Meter...how successful is your partnership? Don't peek before you're done. Let's get started! Simply answer yes (Y) or no (N).

  1. My partner and I trust each other.

    Y     N
     

  2. My partner and I have a relationship with each other outside of business.

    Y     N
     

  3. This business is an equally high priority for both my partner and I.

    Y     N
     

  4. My partner and I are putting together or ----already have a professional team of experts (lawyer, CPA, insurance agent, contractor, etc) that are knowledgeable, trustworthy and accessible.

    Y     N
     

  5. My partner and I agree on the vision, purpose and long term goals of the business.

    Y     N
     

  6. My partner and I talk regularly about everything that causes tension between the two of us and arrive at a win/win resolution.

    Y     N
     

  7. My partner and I have a plan to solve disagreements regarding the business in a win/win manner.

    Y     N
     

  8. My partner and I have discussed various exit strategies depending on life or market events.

    Y     N
     

  9. My partner and I agree on the degree of risk to take financially.

    Y     N
     

  10. My partner and I like each other.

    Y     N
     

  11. My partner and I each have a clear job description.

    Y     N

Success Meter

Total your Yes (Y) answers to determine your place on the scale below:

0-4: Find another partner or get help to work on turning more answers into yes!

5-8: You are only half way there. How do you get to the next level?

9-11: Congratulations! You are well on the way to success. Keep building on what is working

Congratulations! You have successfully completed the assessment. How did you do? Are you and your business partner on the road to success or destruction?

Thank you for taking this assessment. It is my goal to help as much as possible for your partnership to succeed. The odds are against you. There is a reason for that... no one taught you, not even if you have an MBA. BUT I WILL.

I have interviewed many entrepreneurs in partnerships and some professionals and experts who work with them in the last few years, and realized that most of them know very little about creating the groundwork for a successful long term business relationship. In fact, many of them didn't realize how worthwhile it could be to do it right in the beginning and prevent the need of having to learn hard lessons in hindsight.

As you may be guessing there is a lot of ground work for a successful business and a successful partnership. Don't be among those who skip the steps and pay a high price for it later. Let me guide you, whether you are in startup position or already well into your business with a partner there is much that can be done to make things better.