Often times you see people with fantastic ideas with no technical skills and others with technical skills but lack the groundbreaking idea. This has proved to be a road block for many aspiring entrepreneurs, and thus the growth of their startup suffers significant setback. However, most people are willing to find people who share the same chemistry and common interests and also have complementary skills to help them scale their business. The task is still not as easy as getting people with these qualities. To avoid post partnership problems and quarrels, we have made a list of suggestions on how to identify and choose a lifetime partners who will not only help you to build a successful business but will also become loyal and reliable friends.
1. Recognize your need.
The first thing is to know your weakness. If you’re a techy who probably just does nothing but code, you will need someone with marketing and sales skills to help you take the world. And if you’re the visionary types who only have the idea and know how to perfectly create the product, you will want to find the tech guys (developers and designers) who will fine tune the product and make it market ready. This is where complimentary skills like operational skills and communication skills also play a part.
2. Shared vision, values and culture.
The reason why some partners mostly go against each other later in life is because they had different visions and values right from start. If you are the type who will want to treat your company like a real baby i.e. starting small and gradually transforming into a larger corporation. You may want to avoid a person whose goal is to start making money after a few years. This is a very holistic issue and you will want to have someone who believes in the same things as you do. Things like to how you both see quality, service, work ethics and employee relationships. If you can cement this, you are definitely on your way to success.