The Importance of Humility

In a partnership, just like a marriage, just like a friendship, any relationship, you need to have humility. If there is one person there who goes, I'm doing more, I'm the most important, or we're going to do what I say. If you have a partner who is a tyrant, they will destroy all of the fun and the entire partnership. On the other end of the spectrum, don't be the partner who doesn't do anything. I have a ton of those. Sometimes you run into partnerships, and I'm often in this seat where I'm doing 95% of the work. With 50% of the equity in a deal. Now, this is by no means every partnership I have, but it does have a tendency to happen where you're just massively outworking other people. It's really important in your operating agreement to lay out this is what the anticipated roles are for each person and some of their responsibilities so that there's not any ambiguity.