Partnerships give you the immediate benefit of being present in the markets where your partners are. This is not something to be taken lightly, it is a tremendous advantage for doing business through partners. It is also a great responsibility. Presence in new...
Citing Wikipedia : (this concept) “… originated in an anecdote set at the time of British rule of colonial India. The British government was concerned about the number of venomous cobra snakes in Delhi. The government, therefore, offered a bounty for every dead...
“A good product that you can make money on”. That’s a good start, but in my experience, it is sometimes not enough to establish a partnership. When partnering, business leaders should be aware that, while partners have a common interest in serving...
I don’t think I am going out on a limb saying that there are very few products in the market that work on their own. Most things need other products that work together with them and in many cases, they even have to be part of an ecosystem, “integrated” or put...
They say feedback is gold. And sincerely, how do you know you are not doing a good job if you are so enamored with your own plan, and you never hear it from others? But to get criticism when we need it the most, not only should we be able to withstand it, but we must...
When partnering, it helps to be aware of all the things partners are capable of doing. Keeping a constantly updating file on these is ideal. It is very likely that at any given time, partners will have just the appropriate skills that we don’t, but that we desperately...