Business Partnership Advisor

Together, we can fix your business and partnership problems

Chris Reich, Business Luminary

Your Business Partnership Can Survive if You Know the “Why”

“If you know the why, you can live any how.”

Friedrich Nietzsche

What Nietzsche Meant by This

I came across this quote recently in a book by Victor Frankl (Man’s Search for Meaning). It struck me immediately as the core question to every partnership mediation. Nietzsche is saying that if you know why you want something, you can figure how to make it happen.

Do you remember why you went into business with your partner? Do you still have any of those feelings? If things were better between you and your partner, would you want to continue working together?

Think about those questions. If you can express why you would like to stay in business with your partner, I can help you figure out how to make it work. It’s that simple. This is why I often can tell in advance if a situation can be resolved or if it’s better for the partnership to dissolve.

This thought process has many great applications. For example, if your business is struggling and you wonder if it’s time to quit, look for the ‘why’ and write it out. Why keep going? Why quit now? You’ll be surprised at how helpful getting clear about why to continue or stop is to finding answers to how you can make that happen.

It works in other ways as well and could help you break a destructive habit. Do you spend unwisely? Ask yourself why you want to spend on something extravagant. If that answer isn’t very satisfying, you’ll know. You’ll know when you are fooling yourself. When that happens, you’ll see that the ‘how’ to afford the expense will fall short when the ‘why’ is weak.

Chris Reich of TeachU Wants Your Business to Survive

“I want your business to survive. If you can express “why” you want to fix your partnership, I’ll show you how.”

Did You Like This Post? Would You Please Rate It?

Click on a star to rate it!

Average rating 4.8 / 5. Vote count: 29

No votes so far! Be the first to rate this post.

4.8
(29)

“If you can express why you would like to stay in business with your partner, I can help you figure out how to make it work. It’s that simple.​”

Do you like FREE services? Contact me now for a 100% confidential and 100% FREE consultation.

Prefer a direct approach?

Email: [email protected]

Phone: (530) 467-5690

Learn How to Draft Agreements with Your Partner by Chris Reich

How to Draft Resolutions to Strengthen Your Partnership

I recommend that partners talk through a specific issue and then draft an agreement (called a resolution) that sets a policy. You can keep this in a binder to serve as amendments (or foundation) to your Partnership Agreement. In this post I’ll explain how to talk about things that bug you with your partner and how to draft a binding resolution to fix the problems.

When Politics and Business Partners Don't Mix by Chris Reich

When Politics and Business Partners Don’t Mix

Unless you are in some sort of political business, you should keep politics out of your establishment completely. Of course, you have freedom of speech, but we are in very contentious times and displays of political or religious positions might be off-putting to to your customers.

Wife Should Not Keep Books TeachU

Relatives Should Never Keep the Books in a Business Partnership

Even when people get along well, having one partner’s relative handling the books just isn’t good policy. There is an inherent conflict of interest.

Partnership Expectations and Vision by Chris Reich of TeachU

About Documenting Partnership Expectations

Many partnership disputes begin around expectations not being met. But were they ever defined in the first place?