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25 businesses you can start and run from home. Entrepreneur's Start-Up Guides provide you with a clear roadmap to success. Each guide is written, researched and edited by the editors of Entrepreneur. To learn more about our guides.
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Table of Contents
- Editor's Musings
- Article: 5 Questions for People Who Are Considering A Partnership
Dr. Dorene Lehavi, Ph.D.
- Recommended
- Internet Sites Reviewed
- Freebies and Other Good Deals
- Joke of the Week
1. Editor's Musings
My apologies for the late publication. Deadlines are catching up with me this month.
A happy Thanksgiving to my Canadian subscribers. And -- to our US neighbours-- yes, Canadians celebrate Thanksgiving, but at a different date than you do.:-)
2. Article: 15 Questions for People Who Are Considering A Partnership
© Dr. Dorene Lehavi, Ph.D.
Is the person you are considering the right one to be your
partner? Here are some important questions to ask each
other before you sign an agreement.
Suggestion: It is better to answer them alone, in writing
before you discuss them out loud preferably in the presence
of an unbiased trained observer who can point out the subtle
differences important to note.
Another suggestion: After you have answered each question,
go back and answer them again in much greater depth. Allow
sufficient time and don't do it all in one
sitting.
1-Why do you want a partner?
2-Why do you want me as a partner?
3-What strengths will you bring to this business?
4-What strengths do you think I am bringing to this
business?
5-What is your vision for this business?
6-What personal goal do you want this business to fulfill?
7-Where do you want to be in 3 years? 5 years? 10 years?
8-Should we be equal shareholders?
9-How will we resolve disagreements?
10-What do you envision will be the area from which you will
derive the most satisfaction from this business beyond
financial success?
11-What will be the area of most stress?
12-How will this business change your life?
13-What areas do you suspect are the most likely for
problems to appear between us?
14-Which of your traits will most likely be a source of
annoyance to me?
15-What about me will most likely be a source of annoyance
to you?
Choosing a partner for business is as complex as choosing a
partner in marriage. The shocking stats are that 70% of all
partnerships don't make it. Therefore, it is important for
you to know as much as possible about each other at the
outset. Just like in a marriage and life in general, there
will always be situations and times you could not have
predicted. Having a coach help you develop tools for
communicating and dealing with the business while tempering
emotions and diversions of attention is a wise and cost
effective insurance on your financial and emotional
investment.
Resource Box:
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Dr. Dorene Lehavi, Ph.D. is principal of Next Level Business
and Professional Coaching. She coaches Professionals and
Business Partners. You can purchase her ebook or soft cover
editions of Stop Doing What You Hate.Start Doing What You
Love at www.StartDoingWhatYouLove.com. Contact Dr.
Lehavi at Dorene@CoachingforYourNextLevel.com or on the web
at www.CoachingforYourNextLevel.com and sign up for
her free newsletter, Mastering Your Next Level.
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You can get a free trial issue of Entrepreneur Magazine. You know the one -- the glossy print publication sold on newstands. Even better, the free magazine trial is available to international visitors, not just to residents of the US as is often the case.
In case you aren't familiar with Entrepreneur magazine's web site, they offer a wealth of products and information. All are reasonably priced and some are free.
Here are a few examples:
1. Special Discount Offer: Save $10 on books to help you start your own business
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3. Special Offer: FREE software to help you start your business
4. 10 Free Starting a Business Books
5. Top 20 Part-Time Businesses
They also offer a number of industry specific guidebooks, including six food industry businesses, the medical claims billing business, import/export business, bar or tavern, cleaning business,freight brokerage, consulting, event planning and many others.
4. Internet Sites -- reviewed by June Campbell
*** Mexico Connect***
Dedicated to assisting companies everywhere,
to develop successful commerce in, with and from Mexico.
*** Hispanic Business Magazine***
Site contains a wealth of information and resources for Hispanics in business or for others wanting to do business with Hispanics.
*** Small Business Canada
Resource site pertaining to doing business in Canada.
*** Family Business Library Searchable archive of articles published in Family Business magazine.
5. Freebies and Good Deals
Did you know that subscribers to Bob Osgoodby's Free Ezine
"Tip of the Day" get a Free Ad for their Business on his Web
Page? Subscribe at:adv-marketing.com/business/subscribe2.htm
Great Business and Computer Tips - Monday thru Friday
Instructions to place your ad are in the Newsletter.
6. Joke of the Week: Identity Issue
Two elderly women had been friends for many decades. Lately, their activities had been limited to meeting a few times a week to play cards.
One day they were playing cards when one looked at the other and said, "Now don't get mad at me....I know we've been friends for a long time.....but I just can't think of your name! I've thought and thought, but I can't remember it. Please tell me what your name is."
Her friend glared at her. For at least three minutes she just stared and glared at her. Finally she said, ""How soon do you need to know?""
To subscribe to this newsletter, visit
this link.
"How to Booklets"-- topics include business proposal writing,
business plan writing, brochure writing,an independent contractor's agreement, a sample joint venture agreement and more. Click www.nightcats.com
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