“Wisdom consists of the anticipation of consequences.” ~Norman Cousins

I am always “on the hunt” for what others have to say about Business Partnerships and intrigued by different perspectives.

Of course, there is a lot of, “don’t do it!” advice out there and sometimes that is the right advice.

Yet there are so many good reasons to partner-up in today’s Business environment, my focus is on how to minimize the risks and maximize the chances of creating truly great business partnerships. The more I read about business partnerships, the more I speak to other experts and the more I work with business partners, I become more affirmed in the wisdom of taking the time to get to know each other before cementing the deal.

In my research, I recently ran across an article by Karen Klein in Bloomberg Businessweek that I wanted to share with you. In the article, Ms. Klein interviews Philadelphia attorney John Gerber on the stumbling blocks to creating successful business partnerships.  While the advice Mr. Gerber provides to prospective business partners, mirrors my 7 Steps to Creating Great Business Partnerships, he approaches the topic from a legal perspective, thus enhancing the argument of taking it slow in the beginning.

Enjoy the article and let me know what you think:  http://www.businessweek.com/smallbiz/content/sep2010/sb20100910_593885.htm

http://www.newbusinesspartnership.com/