Most business partnerships fail because partners never align on what they actually want: one might crave lifestyle while the other wants to scale fast, or one needs control while the other wants freedom. Pat's rule: if a relationship starts with money, it ends with money. Keep real friendships separate from business.
Most partnerships die because the expectations are never outlined. One partner wants lifestyle, one wants to scale. One partner wants control, one wants freedom. Right? On paper like this looks fine. It looks like you're like the two crazy kids with opposite values. And opposites attract. Fucking bullshit. You and your misses don't have aligned values. You're fucked. It's the way it is. Okay? Great. Partnerships are not built on contracts, okay? They're built on aligned incentives, clear roles and a mutual respect. Okay? My best friend Pat said to me once, if a relationship starts with money, it ends with money. And you should have real friends, all right? Don't make business partners your only friends. That's a terrible idea. Don't make the people in your business. Don't pretend that your employees or your staff are your friends. They're not. You can be friendly with them, but they're not your friends. Right? And because that two way street will not match up. And if you don't create relationships outside of business, you're going to end up a lonely old fucking man like Dan Pena screaming that eagles fly alone as a coat. Because you're just unl. Likable as a person.
