Quote:
Originally posted by Marcus
See I dont know which is more tue:
Two heads and sources of capital are better than one.
or
If you want it done right you have to do it yourself.
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It is not that simple. In my case I spent about two years in the porn business fumbling around and not being very successful at all. I thought about quiting but instead decided to make a major investment (as I felt there was money to be made) but only if I could find a manager that knew what he was doing. I went through a couple of managers in a rather short period of time and was on the verge of going under when I found a manager that turned everything around. He was actually one of the .dot com layoffs and really had never delt with the porn business, but none the less proved to be the right person for the job and he brought in techies, programmers, designers, and main stream photographers who lined up some models, etc. etc. He basically is the one that built and made the business, so when he asked for a raise I instead took him off salary and made him a partner. From all of this a friendship grew. My point is I don't think it is a good idea to go into a partnership just because someone may have capital to invest and you "think" he may have some expertise. My first couple of managers talked the talk but basically did not have any real expertise.