Quote:
Originally Posted by crockett
Yea in that case the partnerships always end up sucking for the guy running the show. At the start it's a equal partnership but as time goes on it gets less and less equal.
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Yep.
Everyone told me at the beginning. Do not do a partnership, and if you do, make an operating agreement with an escape clause. But that partnership was the trade off for the start up cash for my vision.
Which has paid off a nice return on investment cash BIG TIME.
But for him (1/3 partner) more so. He does no work. Gets the positives.