Entrepreneur Plus - Short White
For Subscribers

What a Match!Feel like your business is missing a key element? Finding a good partner could be just the thing to complete the picture. Here's what you should keep in mind if you want to make a partnership click.

ByMark Henricks

Opinions expressed by Entrepreneur contributors are their own.

Jeff Olson startedVelocity Business Publishingin 1997 with onepartner and soon took on another. For the next five years, thebusiness grew, sales increased and the partnership prospered. Butthen sales slumped, the business struggled and the partnershipcracked. The 46-year-old entrepreneur bought out his partners inthe Middlebury, Vermont, publisher in July 2003 and now says,"I'll never go into a partnership with anybody again.I'm going to be in charge of my own thing."

Olson's experience is one that many people consideringstarting a business need to hear about. Lured by the promise ofcompanionship, the hope of sharing financial and decision-makingburdens, and the potential for synergy with someone who hascomplementary talents, entrepreneurs by the millions decide thatstarting a business with a partner is far better than going italone.

Continue reading this article — and all of our other premium content with Entrepreneur+

Join the internet’s leading entrepreneur community! With your subscription you’ll get:

  • Access to all of our premium content and an ad-free experience
  • Entrepr免费订阅eneur Magazine
  • Four free e-books a year and 20% off everything from our bookstore
  • Exclusive events with business celebrities and successful entrepreneurs
Business News

'The Actual Most Magical Place on Earth': Disney Employee Reveals Secret Discount Store Only Available to Disney Cast Members

The store is called Cast Connection and Property Control, and it's located in Orlando, Florida.

Business Solutions

Discover How You Can Use AI in Your Business with This $29.99 Bundle

Save $22 on this well-rounded education on ChatGPT and artificial intelligence.

Business News

'What a Shame': A Generation Mourns as Apple Announces It Will Discontinue Beloved Device

The tech giant announced that it will be discontinuing production of the music-playing product on Wednesday.

Cryptocurrency / Blockchain

This crypto entrepreneur bought an NFT for $2.9 million, expected to sell it for $48 million, and was only offered a few dollars

The NFT in question represents Jack Dorsey's first tweet, and its owner had all his hopes pinned on its sale...

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.