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Business strategy
Partnership business can be risky
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[QUOTE="cmoneyspinner, post: 74359, member: 25593"] I couldn't agree with you more. There has to be a trust relationship. However, in my opinion, the partnership can be equal or 50/50, as along as the duties and responsibilities are clearly defined. EXAMPLE: Cyndi Lauper, the famous pop singer, was struggling to make a name for herself in the music business for years. She and her husband worked together as partners, until one day he told her: You do “this” and I'll do “that”. Once that business decision was made, Cyndi Lauper became famous. In my situation, I could never convince my late husband to work with me. But over the years as I made friends with people online, I found that some of them were very trustworthy. When they approached me with an idea, if it sounded like something I could do, I gave it a try. But I just recently had an experience with a partner. It was a ghostwriting arrangement. I got screwed over. [I]That won't happen again![/I] [/QUOTE]
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