partnerships = yey or ney - GoFuckYourself.com

mkx · 10-04-2004, 08:00 PM

What does everyone think of full partnerships? The type where all profits and expenses of business are split 50/50?

Are you already partners with someone? Were you? Why not anymore?

What about partnering up with a family member? Any views or experiences?

Hope to have a good discussion on this topic

Magg · 10-04-2004, 08:00 PM

you go with family, you'll get fucked

never tried it, and no matter will never

KRL · 10-04-2004, 08:03 PM

Never go into biz with family.

Some partnerships work great, some turn into nightmares.

Personally I think they a great way to expand your wealth and have others sharing the workload. You can only do so much yourself after a while and most guys don't want to work as hard as they get older so if you partner with some young energetic guys you can front the money and let them do the work.

Babagirls · 10-04-2004, 08:10 PM

i just made my sister a 50/50 partner with me for our mainstream wedding planning site.

shes a Wedding Planner, I know how to build websites; together, we're making one kick ass site with advertising all over it.

split the profits 50/50.

10-04-2004, 08:11 PM

Quote:

Originally posted by Babagirls
i just made my sister a 50/50 partner with me for our mainstream wedding planning site.

shes a Wedding Planner, I know how to build websites; together, we're making one kick ass site with advertising all over it.

split the profits 50/50.

awesome!

best of luck

Easton · 10-04-2004, 08:12 PM

partnership sucks... i have averaged only $27 per "signup" with those progrmas (including rebills) in the past 2 years

compare that with $35 on regular programs...

quiet · 10-04-2004, 08:18 PM

fuck partnerships.

mkx · 10-04-2004, 08:19 PM

Quote:

Originally posted by Magg
you go with family, you'll get fucked

never tried it, and no matter will never

Why would I get fucked in family partnerships? At least the money stays in the family. I myself would never enter a partnership with someone outside of the family, it just doesn't work out. With family, you can be sure the money and ideas stay in the family. I am talking about brother sister brother brother sister sister type of partnerships, not with parents. The same age group, the same ideas, and the less likeliness of them fucking you over. Plus if they do, they are always there to lend you money

mkx · 10-04-2004, 08:21 PM

Sometimes things get to busy, to stressful, or you need a vacation. You need someone you can trust with money to take care of the business and to kick you in the ass when your slacking off. And what about all those incomplete, ill get to it soon, projects that you have going on? Imagine having a partner to help make them happen without putting them to the side until theres no more money in it?

mkx · 10-04-2004, 08:53 PM

GTS Mark · 10-04-2004, 10:22 PM

It all depends on the situation...

DH

mkx · 10-04-2004, 10:24 PM

Many advantages and disadvantages, you can easily make 4 times your income with 2 people doing the job of 20 people rather then 1 person doing the job of 5. Anyone have any bad partnership stories?

SpikeHeel · 10-04-2004, 10:33 PM

if you want to have business and it involves of partnership, you must first know your partner , know him well there are disadvantages and advantages when it comes to partnership.

jewcash · 10-04-2004, 10:48 PM

partnerships suck

bdld · 10-04-2004, 10:52 PM

big nay, if you want something done right, you do it yourself.

WWC · 10-04-2004, 10:53 PM

never do a partnership with family and business mixed

mkx · 10-04-2004, 10:55 PM

I guess it depends. I used to say the same thing, partnerships suck, and never work out, but now I am in the stage where I am getting bored of what I am doing and start getting lazy, and need someone else with me for help and motivation so the cash keeps flowing in

jewcash · 10-04-2004, 10:57 PM

Quote:

Originally posted by raulph
I guess it depends. I used to say the same thing, partnerships suck, and never work out, but now I am in the stage where I am getting bored of what I am doing and start getting lazy, and need someone else with me for help and motivation so the cash keeps flowing in

this is true thats why you hire people to do sales and marketing

Shoehorn! · 10-04-2004, 10:57 PM

Quote:

Originally posted by raulph
What does everyone think of full partnerships? The type where all profits and expenses of business are split 50/50?

Are you already partners with someone? Were you? Why not anymore?

What about partnering up with a family member? Any views or experiences?

Hope to have a good discussion on this topic

50/50 never works. I would never get into a partnership with anyone unless I had controlling interest. However from my experience partnerships in the family tend to work well, as long as you're close, but still, one of you has to be the designated boss.

mkx · 10-04-2004, 11:06 PM

Quote:

Originally posted by jewcash
this is true thats why you hire people to do sales and marketing

Third party sales and marketing yes, but when it comes to putting an employee/friend in an office to answer emails, answer calls, do accounting, make and submit websites, etc, nothings preventing them from seeing a one man army making $$$ and starting their own little internet venture.

There is only so much you can do by yourself. If you want to put money making to its fullest potential, you will need to hire in-office people for help. Many more things can be done with 2 people and if money is both of their #1's then the work of 20 people can be accomplished.

Hiring someone to help you out with in your home or office who has the ability to see what sales and income is coming into your business can be a death trap

detoxed · 10-04-2004, 11:08 PM

mkx · 10-04-2004, 11:12 PM

Quote:

Originally posted by TheSmutPeddlerDOTcom
50/50 never works. I would never get into a partnership with anyone unless I had controlling interest. However from my experience partnerships in the family tend to work well, as long as you're close, but still, one of you has to be the designated boss.

I agree with having one person being the designated boss, however, by splitted profits 50/50, your partner shouldn't have a reason to ditch the partnership, which is the last thing you want. By keeping it in the family, if the partner cheats the business, you can just beat him/her up and tell him not to do it again or you will fine him.

Everyone gets lazy sometimes, there is no doubt in my mind that with the right partner and partnership, you can generate at least 4 x your income

reynold · 10-04-2004, 11:34 PM

if you have a strong confiidence with your partner you dont have to worry but if not , youre so sorry. might as well stop your business partnership.

10-04-2004, 08:03 PM	#3
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Never go into biz with family. Some partnerships work great, some turn into nightmares. Personally I think they a great way to expand your wealth and have others sharing the workload. You can only do so much yourself after a while and most guys don't want to work as hard as they get older so if you partner with some young energetic guys you can front the money and let them do the work. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

10-04-2004, 08:10 PM	#4
Babagirls Text Writer Join Date: Feb 2001 Location: Wisconsin Posts: 18,812	i just made my sister a 50/50 partner with me for our mainstream wedding planning site. shes a Wedding Planner, I know how to build websites; together, we're making one kick ass site with advertising all over it. split the profits 50/50. __________________ Need a Text Writer? Blogs\|Reviews\|Descriptions\|Paysites\|TGP's\|Stories ICQ: 397892500

10-04-2004, 08:12 PM	#6
Easton Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Location: Phoenix, AZ Posts: 9,825	partnership sucks... i have averaged only $27 per "signup" with those progrmas (including rebills) in the past 2 years compare that with $35 on regular programs... __________________ New models booked and shot every week... MILFs, pornstars and teens. Girls for every niche and project. Looking for high-quality affordable exclusive content? Check me out at Easton Content for all the details.

10-04-2004, 08:53 PM	#10
mkx Confirmed User Industry Role: Join Date: Nov 2003 Location: Toronto Posts: 4,001	lump

10-04-2004, 10:33 PM	#13
SpikeHeel Confirmed User Join Date: Oct 2003 Location: Venus Posts: 1,531	if you want to have business and it involves of partnership, you must first know your partner , know him well there are disadvantages and advantages when it comes to partnership. __________________ 100% exclusive fetish content - 60% recurring CCBill program No pop-ups – No traffic leaks – No cross sells – Hosted galleries – Promo content - Free Hosting - ICQ: 228585136

10-04-2004, 08:00 PM	#1
mkx Confirmed User Industry Role: Join Date: Nov 2003 Location: Toronto Posts: 4,001	partnerships = yey or ney What does everyone think of full partnerships? The type where all profits and expenses of business are split 50/50? Are you already partners with someone? Were you? Why not anymore? What about partnering up with a family member? Any views or experiences? Hope to have a good discussion on this topic

10-04-2004, 08:00 PM	#2
Magg Confirmed User Join Date: Feb 2004 Location: ICQ: 132497047 Posts: 4,467	you go with family, you'll get fucked never tried it, and no matter will never

10-04-2004, 08:18 PM	#7
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	fuck partnerships.

10-04-2004, 08:21 PM	#9
mkx Confirmed User Industry Role: Join Date: Nov 2003 Location: Toronto Posts: 4,001	Sometimes things get to busy, to stressful, or you need a vacation. You need someone you can trust with money to take care of the business and to kick you in the ass when your slacking off. And what about all those incomplete, ill get to it soon, projects that you have going on? Imagine having a partner to help make them happen without putting them to the side until theres no more money in it?

10-04-2004, 10:22 PM	#11
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	It all depends on the situation... DH

10-04-2004, 10:24 PM	#12
mkx Confirmed User Industry Role: Join Date: Nov 2003 Location: Toronto Posts: 4,001	Many advantages and disadvantages, you can easily make 4 times your income with 2 people doing the job of 20 people rather then 1 person doing the job of 5. Anyone have any bad partnership stories?

10-04-2004, 10:48 PM	#14
jewcash So Fucking Banned Join Date: Sep 2004 Location: Florida Posts: 1,571	partnerships suck

10-04-2004, 10:52 PM	#15
bdld $100,000 Join Date: Dec 2001 Posts: 11,452	big nay, if you want something done right, you do it yourself.

10-04-2004, 10:53 PM	#16
WWC #1 Adult Content Provider Join Date: Jul 2003 Location: Glendale, Ca Posts: 11,577	never do a partnership with family and business mixed __________________ [email protected] ICQ : 494-353-230 Follow WWC on Twitter CLICK HERE! " CONTENT PROVIDER OF THE YEAR! " ~ 2007 , 2008 & 2009 XBIZ AWARDS WINNER! .......www.WorldWideContent.com / www.WorldWideFeeds.com...... WWC Nominated " Content Licensor of The Year " 2010 XBiz Awards !!!

10-04-2004, 10:55 PM	#17
mkx Confirmed User Industry Role: Join Date: Nov 2003 Location: Toronto Posts: 4,001	I guess it depends. I used to say the same thing, partnerships suck, and never work out, but now I am in the stage where I am getting bored of what I am doing and start getting lazy, and need someone else with me for help and motivation so the cash keeps flowing in

10-04-2004, 11:08 PM	#21
detoxed vip member Join Date: Jan 2003 Posts: 17,798	moo

10-04-2004, 11:34 PM	#23
reynold Too lazy to set a custom title Join Date: Oct 2002 Location: Global Traveler Posts: 51,271	if you have a strong confiidence with your partner you dont have to worry but if not , youre so sorry. might as well stop your business partnership.