Get a Small Business Partner to help your business

Ever thought of getting your own small business partner.

Many hands make light work but too many cooks spoil the broth, so is using a business parter the right way to go in your small business?

Starting your own small or micro business can be a great adventure, it can also be full of stress. Just think how great it would be to share that joy and pain with someone.

Benefits of getting a Small Business Partner

Some of the benefits of working with a partner or partners in your small business venture are:

  • Some one to bounce ideas off
  • Some one that is also motivated by the goal of developing a great business
  • Sharing skills, we can’t all know and do everything. It’s great to share the workload, knowledge and skills
  • Sharing resources, you may not have every thing you need for your business, a partner may have other tools and equipment that you lack

The problem with a having a Small Business Partner

A partnership with others may present you with some challenges

  • Your partner may have differnt ideas on the direction of your business
  • Personalities may clash, will you lead together or will one lead and the other follow?
  • Trust may be an issue, how trusting are you?
  • Work ethic may be differnet, you may want to work 24 7 and they may want to work 9 – 5
  • Motivation may not last, it may be fine working together at the start but if times get tough, will the business relationship still work?

Working with a partner has many benefits, just don’t overlook the challenges. I think that life is a balance of risk, reward and luck.

Remember to give me your feedback.

I am always looking to parter up with like minded people, I have plenty of ideas but too little time to work on them all, maybe we could partner up, maybe I have a skill that you need and we could swap skills, let me know what works for you.

thanks

David

 

Three small business startup problems that you may face

Here are just three of the many challenges you may face if you are thinking of starting your own small business.

  • Business strartup Procrastination

It’s sometimes very hard to get started because of constantly putting it off, finding other things to do first and never getting round to the real work of actually starting the business.

  • Unrealistic small business goals

If you expect results that are not realistic, this may cause you some problems. Some people think they will start their business today and have enough profit to quit work tomorrow, this may be true for some businesses but is this realistic for most businesses? Having unrealistic goals can cause even a great business idea to fail.

 

  • Not using small business startup help.

You may not have all the skills and knowledge you need to start your business, some people find themselves lost, they don’t know what to do and they spend lots of time trying to work things out themselves instead of getting help.  For example if you don’t know anything about websites but you need a site for your new business, why spend a long time learning about websites when you can just get help in this area by finding an expert and asking them.

It is a great idea to learn all you can about your business and to keep learning but it’s also important to spend time wisely, to spend time and energy on getting the business started rather than spending time on trying to do everything yourself. There are only twenty four hours in a day and there is a limit to what one person can do alone without help.

Fortunately there are many ways to overcome these three challenges, the main way is to plan what you want to do, set goals and get help to make them happen.

 

If you need help to get your small business idea started, just ask, I’m more than happy to help you.

Thanks

 

David

 

How to come up with Ideas to help your small business


 

This podcast looks at idea generation, how to come up with ideas to help your small business or for any other time you need to come up with an idea.

How to come up with ideas

There are plenty of ways of generating ideas, some of these are covered in the podcast here are a few:

  • Get into a relaxed state so that ideas can flow into your mind.
  • Simply write down anything that comes into your mind. Don’t judge, just record your thoughts. Do this for a fixed time, maybe half an hour or less.
  • Walk around with a pad, pen, audio recorder or other method for capturing that great idea as it pops into your head.

The main point is that you can get your next great idea at any time, be ready to capture it.

These methods have worked well for me and over the years and also seem to work for others.

Ideas and Business Startup

I was recently asked for help by a reader, he has an idea for a buiness that he would like to do but is not so sure how to get started.

We will talk about starting up a new business and how ideas help in this this to happen.

Please feel free to ask questions and I will get back to you in the next podcast.

Many thanks

David

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