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Post by Holland Bussell on Aug 28, 2013 8:43:13 GMT -6
focus of the article. What did you take away from it? How does it relate to your past experience? How might you use these ideas in your own career?
The article by Nina Kaufman focuses on stressing the importance of how selective we should be when choosing a business partner. I can completely agree on her idea of testing potential partners before actually entering an agreement with that person. I think a great example that we can all relate to is in group projects. You might have been in a group with randomly selected or assigned members and if any of us could have gone back and the ability to test these individuals before we teamed up with them, a lot of those groups would not have turned out the way they did. However, it is a great method to use today for any of us because now if we do test projects with a potential partner we will get an idea as to how we will get along in whatever business environment we are in.
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Post by arielberthelot on Aug 28, 2013 9:46:35 GMT -6
INSTANT MBA "IF YOU AND YOUR PARTNER AGREE ON EVERYTHING, ONE OF YOU IS REDUNDANT"
This is article is basically relating to picking the right partner for you. Everyone has their strengths and weaknesses. Finding a partner that has strengths in areas where you have weaknesses could really benefit a company. Sometimes finding a partner that agrees with everything you do, then that might not always be beneficial. I own a small business, a dance studio, and as of right now I do not have a partner. My cousin is in training right now to possibly become a partner of mine one day! The question is, will she be a good candidate? If I'm the teacher training her then she will most likely pick up the same qualities of mine. Sending her to be trained by someone else could possibly benefit my company more because she can bring something different to the table.
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Post by danielleolivier on Aug 28, 2013 12:16:49 GMT -6
This article stresses the importance of knowing who you are going to be working with before you jump into a partnership. The person may seem like someone who is perfect for the job and you may get along really well but, their work ethic may be lacking in certain places and that can only be brought to light through working on smaller projects together and talking to past employers to feel out their ability to be compatible in the partnership. This is a good lesson to keep in mind in the future that working with someone is not only about getting along and being friends, the most important part is working together for the common goal of the partnership.
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Post by jessicareid on Aug 28, 2013 13:29:30 GMT -6
Instant MBA: If you and your partner agree on everything, one of you is redundant
This insider tip explains the benefits of associating with a partner who actually disagrees with you. Differing points of view when approaching a problem allows for a greater number of possible solutions to be considered. Partners should be careful though on which issues they disagree upon. If one partner is creative and free-spirited, he may be a perfect match for a highly logical, uptight type--that is as long as they agree on important virtues such as deadline adherence, reliability, and trustworthiness. I have tended to be a very emotional and empathetic person so a potential business partner for me, that would result in the most successful venture might be one who is fact-oriented and quick to make logic based decisions.
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Post by sbardwell on Aug 28, 2013 14:12:20 GMT -6
Instant MBS "If You and Your Partner Agree on Everything, One of You is Redundant" Link of the Day 1 Comment:
I am hoping this is the correct place in which to post my comment on the link of the day. If it is not, please excuse this post and I will try again. Business is about growth and efficiency. If a business has two partners in which both excel with the same talents, the business will never grow at an exponential rate. The business will also suffer in efficiency due to duplicate payment for the same work load. Just as in a marriage, opposites work well together and can build a strong meaningful relationship built on mutual respect and uplifting each partners weaknesses.
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Post by Christie Brown on Aug 28, 2013 16:07:53 GMT -6
I think that the article is very correct with the idea that if you and your partner do not balance each other, then you may not be fit to work together as partners. Even though it seems like it can make things more simpler to have a partner who is easy-going, after a while of someone just agreeing with your every word will get annoying. Some people are afraid of confrontation and will avoid any level of it at any cost, and in business, that is not necessarily a desirable trait to have or to work with someone who possesses it.
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Post by phenry on Aug 28, 2013 19:36:43 GMT -6
INSTANT MBA: “If You And Your Partner Agree On Everything, One Of You Is Redundant”
This article discusses different techniques that can be used to find a partner in a business or for an assignment. When looking for a partner, I think it is important to find someone who has similarities with your personality and goals. Working with someone who has totally different ideas and objectives could cause extreme delays when trying to develop solutions. On the other hand, I believe a partner should challenge your thoughts, because often times one person’s idea is not always the best solution. Two people can use each of their own strengths to come up with one grand solution. Finding a partner that will compliment the strengths and counter the weaknesses you have may take time through observation and seeing how well they work with others. When I look for a partner, I tend to look for someone who is similar to my working style and organized.
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Post by sunnigrabert on Aug 28, 2013 20:10:42 GMT -6
I can really relate to needing to feel out a partner before actually deciding on one. I think that a lot of group project would have gone much smoother had I felt out the people before picking a group. If you end up with someone in a group that just agrees with whatever the rest of the group is saying, then that person probably isn't very committed to the project. They are likely just trying to get a solid grade. Although I have experienced this, I hadn't really put my thumb on it, so I think I will take this advice on into the future for all partner based activities.
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Post by brentgruber on Aug 29, 2013 10:57:03 GMT -6
As stated in the article it is of the utmost importance to learn as much as you can about your potential partner prior to actually working with them. It is important to make sure that they are worth working with and that they will not leave you hanging when it comes time to work on/ finish the project. Also, you may want to look for someone who has strong opinions or outlooks on certain ideas or concepts. This will help the end product be as multifaceted as possible. If both people in the group agree on everything something might be looked over while completing the project. If the right person is chosen to be your partner and you work well as a team there may be more opportunities in the future to collaborate.
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Post by zekesonnier on Aug 29, 2013 13:45:57 GMT -6
INSTANT MBA: “If You And Your Partner Agree On Everything, One Of You Is Redundant”
Elaborating on this article, money is a sensitive subject for many people. When deciding to partner with someone to make long term decisions about cash flows it is crucial to be confident in them and comfortable that they are a good fit. Partners are suppose to complement each other and be able to throw ideas back and forth in discussion until some thing good comes out of it. Referring to the quote, "if you and your partner agree on everything, one of you is redundant" makes sense. If one of the partners constantly agree then pretty much all they are good for is their capital investment and all the other benefits of having a partner is lost.
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Post by katiebourgeois on Aug 29, 2013 16:16:49 GMT -6
INSTANT MBA: 'If You and Your Partner Agree On Everything, One Of You Is Redundant'
This article explains the importance of being familiar with a partner before automatically assuming a partnership with them would be successful. For instance, if two CPAs were to become partners and open their own firm, it would be beneficial for one partner to ask the others' past coworkers about his/her work ethic if the partners did not currently work together. It may be beneficial to work with the other partner to have your own judgments about someone's work ethic. After you determine if the other part is complementary to your skills, then it may be safe to take on the partnership, since you know that the two partners work well together.
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Post by beccabourgeois on Aug 30, 2013 11:01:45 GMT -6
I really liked this article and could not agree more with what it had to say. While I have never had my own business nor a partner I know the importance of finding the right partner for you. I truly believe speaking with someone's references is very important in the hiring process. I wish my managers at my work would call the references on people's applications before deciding to hire someone new. I feel we would be able to eliminate the ones who would not be a good fit for our restaurant based on their past experience elsewhere. As well as finding someone who would be a really good fit for them. I will definitely take their advice in the future when I am looking for a partner to work with and share a business with.
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Post by tyancey on Aug 30, 2013 20:18:31 GMT -6
INSTANT MBA: 'If You And Your Partner Agree On Everything, One Of You Is Redundant'
This article focuses on the importance of finding a good business partner. It is important to get to know someone before jumping into a business relationship with them. You should try to find a partner that you are compatible with so that working together is more enjoyable. A partner should also have skills and interests that are different than yours. This enables them to be able to offer another set of skills to ensure the business is as successful as possible. I feel that this article is giving great advise that everyone searching for a partner should take.
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Post by leetaranto on Aug 31, 2013 15:34:58 GMT -6
INSTANT MBA: 'If You And Your Partner Agree On Everything, One Of You Is Redundant'
This article focuses on having a partner and how to deal with them. To have the right partner one has to test them on different projects in order to see how they handle under certain situations. Partners do not have to always be right or agreeable, but they have to know how to communicate and get the job done. Also, partners are important, because one cannot do everything on their own. One can take these certain ideas from this article and can help others in the future by choosing the right partner that is an asset instead of a liability to your business.
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Post by boris on Aug 31, 2013 17:40:01 GMT -6
INSTANT MBA: 'If You And Your Partner Agree On Everything, One Of You Is Redundant'
This article focus on how one needs to find a good business partner that will not have the same type of ideas as you. It states the importance to know your strengths so your business partner will not be redundant and have your same strengths and/or weaknesses. By doing this you will be able to diversify and tackle problems as a team with more than one strength. It will make the business stronger and less vulnerable to problems. This article advice can be applied to any business with a partner. I will apply this later on when partnering with someone and makes sure we can work together and not be redundant to the business.
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