Podcast 138 - Should I Go Into Partnership In My Recruitment Business? - a podcast by Andy Whitehead

Should I Go Into Partnership In My Recruitment Business?

Big questions.
“Andy, Should I go into partnership with my buddy, colleague, business acquaintance?”
“Andy, I have gone into a partnership and now I am in a less than optimal position. What do I do next?”
When It comes to the partnership the first thing to do is to view a worst-case scenario.
Be aware that things will always change, so start thinking.
When this trigger happens, what actions can be executed?
I have shared my thoughts and my own experiences of working with dozens of partnerships plus a host of boards.
In partnership, always start with the end of the mind.
In worst-case scenarios what happens if we get extremely successful and they sh*t on me?
What legal position am I in?
What are the legalities in separating?
What are the triggers to executing a legal step?
Would I recommend partnership? Probably Not. I’m not saying that it will not work, of course, it works.
I have witnessed some of the best partnerships that do work.
Partnerships can work but personally being a single entrepreneur with a strong team around you is the best.
Be the master of your own destiny.
As Joe Rogan says, Keep hammering!

If you have any question, comment down below!

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