Jam Anderson advises small business owners on whether to take a partner. A partner should bring something you can't do yourself or hire out, and the commitment needs to feel like a marriage: shared finances, complete trust, daily communication. She's seen partnerships end badly.
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We're talking partners today, business partners, that is. That's the big question. Do you need a business partner or can you do it all on your own? My name is Jam and I help small business owners grow and launch their businesses with sales, marketing, and AI automation. So that was the big question of the day with my client. And you know, it's really hard not to bring my own personal bias into answering this question, but I'm also being hired because of my years and years of experience. And so for me, to answer this question, you really have to figure out what is this person bringing that you can't do yourself and that you can't hire out. And if it's something really important, then maybe consider a partnership. Otherwise, do this on your own because it's just like getting into a relationship with a significant other. You share a bank account, you're going to speak every day, You're gonna have to trust this person with your life, and it can get really serious. I've had business partner relationships end terribly, and I've seen it happen in my friend circle as well. It's actually a pretty common thing. So if you are bringing on a business partner, make sure you need them, you can trust them, and you would marry them. For more advice, follow me or go find me at jamout.ai.