65% of the reasons for the failure of start-up companies are internal management team

Abstract: the best partner is not exactly the same as you. You want to get a 1 plus a greater than 2 effect, and to achieve this goal, you must have a different advantage, rather than overlap with each other, the 1.

 

Author: Skimlinks CEO Alicia ·

business partner is one of your most important relationships – how your relationship will determine the success or failure of the company. Harvard Business School professor, the founder of the "dilemma" author Noam · a recent study found that 65% of the startups Wasserman, because the management team’s internal problems and failures.

is similar to love, the ideal business partner has no uniform standard. Every entrepreneur and every company is different. Entrepreneurs must hope that the partner is smart and capable, but in addition, the ideal partner and entrepreneurs should have a unique compatibility.

I’ve been with my partner, Joe ·, Stan Nevski for 18 years. We are college students, and we have a close relationship. We even moved from Sydney to England and lived together in London for many years.

share experience, make our relationship more closely. We trust each other, to some extent, we are like a family. Over the past eight years, we have been working together on Skimlinks, and the deep friendship has meant that we never have to avoid the issue. We can talk openly, because we know that in any case, we can work together to overcome any difficulty. We know that we can forgive each other, we always depend on each other. And we enjoy the time together.

When

was looking for a partner, a couple of years of friendship was not a prerequisite, but my own experience taught me how important it is to find someone who can really match.

I think a good partner should be like you enough to understand each other’s ideas. You have similar criteria and have the same vision. You don’t need to explain your thoughts or ways of doing things in a way that reduces communication time. Perhaps most important of all, you are all committed to the process of entrepreneurship, in order to achieve common goals.

in spite of this, the best partner is not exactly the same as you. You want to get a 1 plus a greater than 2 effect, and to achieve this goal, you must have a different advantage, rather than overlap with each other, the 1. If you are good at macro thinking and creativity, you may not be able to take care of the details. If you all want to have the upper hand, the result could be conflict and resentment. The compatibility of a partner usually depends on whether the two sides have complementary character and skill. If your partner is different from you, you will complement each other like Yin and yang. Partner >

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