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Originally Posted by KRL
Not necessarily an investor who will be passive. What I'd recommend is an active partner who has skills in the areas you feel you don't have.
I have one of my biz partners, for example, in California, who I've been doing deals with for over 20 years. We share a lot of skills, but he has some good ones I don't, and I have some he doesn't, so we compliment each other and our combined energy works well together on deals.
It also gives you a chance to get more time productivity out of each day if you have deal partners, so you don't have to do it all yourself, which is where most guys get bogged down.
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Tell this to all the bankrupt people who were screwed by their business partner(s). You forgot the fact there are tons of scammers and selfish people who would sell their own mother for 100$. I prefer to work alone for this reason. I always worked alone and if needed I paid someone to do the things I wasn't able of doing by myself. Even then the trouble starts when you have to deal with incompetent sub-contracters.
Haven't you noticed the "drama" threads on these boards. Most of the time they are handling about this particular subject. Business partners have benefits but at the same time they are a huge risk. IMO not worth the risk.