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Old 03-22-2006, 04:59 PM  
KRL
Entrepreneur
 
Join Date: Oct 2002
Location: USA
Posts: 31,429
Quote:
Originally Posted by gfx3
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.
Unfortunately you reach a level of success where it becomes impossible to continue building your enterprises without needing either business partners or staff. I've tried both and I like having partners much more than trying to do it all myself and managing staff myself which is my least favorite thing.

No doubt, you'll have a few shit partners through the years. We all have. But as you become more wise you learn to filter out the probable bad partners from the probable good ones much quicker.

Time is the one thing you can't buy for yourself. The work around is to get other people's time working to benefit your time. And you have to do this if you want to be really major wealthy one day.
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