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219. Structuring Business Partnerships for Success and Longevity With Justin and Tara Williams

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Content provided by Millionaire University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Millionaire University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

What makes or breaks a business partnership? In this second installment of our coaching call series inside the Build My Money Machine program, we dive into the intricacies of that precise question. Repurposed from a recent coaching session with our student, John Maughan, this discussion unpacks the challenges and opportunities when collaborating with others, whether it’s balancing roles, setting expectations, or managing fears. We explore how to structure partnerships for success, the value of addressing concerns early, and the importance of learning through action. If you’re considering partnering with someone in business — or already have a collaborator — this episode is packed with actionable advice to help you build trust, protect your interests, and create a thriving business relationship!

What Justin, Tara, and John discuss on today's episode:

+ Defining roles and responsibilities

+ Addressing fears vs. concerns

+ Using performance-based agreements

+ Balancing contributions fairly

+ Informal vs. formal contracts

+ Ensuring clear communication

+ Building trust and accountability

+ Lessons from past partnerships

+ Testing with trial periods

+ Leveraging unique strengths

Ready to create a 7-figure business of your own? Go to BuildMyMoneyMachine.com to get started today!

Watch the video podcast of this episode!

And follow us on:

Instagram

Facebook

Tik Tok

Youtube

Twitter

To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.

Want to hear from more incredible entrepreneurs? Check out all of our interviews here!

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

223 episoade

Artwork
iconDistribuie
 
Manage episode 458204254 series 3610833
Content provided by Millionaire University. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Millionaire University or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

What makes or breaks a business partnership? In this second installment of our coaching call series inside the Build My Money Machine program, we dive into the intricacies of that precise question. Repurposed from a recent coaching session with our student, John Maughan, this discussion unpacks the challenges and opportunities when collaborating with others, whether it’s balancing roles, setting expectations, or managing fears. We explore how to structure partnerships for success, the value of addressing concerns early, and the importance of learning through action. If you’re considering partnering with someone in business — or already have a collaborator — this episode is packed with actionable advice to help you build trust, protect your interests, and create a thriving business relationship!

What Justin, Tara, and John discuss on today's episode:

+ Defining roles and responsibilities

+ Addressing fears vs. concerns

+ Using performance-based agreements

+ Balancing contributions fairly

+ Informal vs. formal contracts

+ Ensuring clear communication

+ Building trust and accountability

+ Lessons from past partnerships

+ Testing with trial periods

+ Leveraging unique strengths

Ready to create a 7-figure business of your own? Go to BuildMyMoneyMachine.com to get started today!

Watch the video podcast of this episode!

And follow us on:

Instagram

Facebook

Tik Tok

Youtube

Twitter

To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.

Want to hear from more incredible entrepreneurs? Check out all of our interviews here!

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

223 episoade

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