Feras Alhlou explains why founders benefit from partners or investors rather than going completely solo. He shares how a business partner's encouragement helped him, and breaks down the three kinds of support you need: technical skills, business planning, and emotional backing when starting out.
Chapters
Business partners. So many crashes and a few lucky takeoffs start here. Good idea, bad partners. In all of my ventures, I've always had business partners. I think it's worked better for me. Now, you might be thinking of going solo. That's totally okay. But the concepts I'm about to cover are still relevant because you might need investors or a silent partner. You might have a senior first hire who you treat like a partner. So take notes of these important tips. When you start a business, it gets very lonely and support Support is very important. You need technical support, you need business planning support, you even need emotional support. I remember when I used to go out to sell way back then in my very first business, my business partner, every time before I left the office, he would look at me and say, go make us proud. That meant the world for me. And those few words of encouragement from my partner helped me go out there and try my best to close those deals.