Partnerships [RR 503] - a podcast by Carm Capriotto, AAP

Partnerships [RR 503]

We are talking partnerships. They are not for everyone and some of you have great stories and some have scars as it relates to partnerships. I’m glad to be able to get this story told to you by Mark Roberts and John Long from Shertz Service in Shertz, TX

Mark and John shared their partnership model and how it will evolve. Mark created an opportunity for John to own a business and thus making him his partner. Mark didn’t think of succession plans when he formulated this approach but now sees it as a very viable succession option. Mark and John are compatible as partners and their V8 moment is when they read the book Rocket Fuel.

This episode’s talking points with Mark and John can be found at remarkableresults.biz/e503/.

Know this, Partnerships are not for everyone. Consider different levels of responsibility and ownership in a partnership agreement. Nothing like having key leaders in your company in an equity position.

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