the first 6 critical partners for your business
Post on 13-Sep-2014
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EntrepreneurshipLab.net
Your First Critical PartnersThe Key People You Need For Success
EntrepreneurshipLab.net
1. Significant Other
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First, most valuable, most influential partner in biz
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S.O. can make or break your startup
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Startup is a baby you’re raising together
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Biz should be a shared compelling vision you have for your lives
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Before you start, get away together
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2. Accountant
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Help with managing cashflow and paying taxes
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Cash is oxygen for biz
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Too many fall or fail here
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A financial partner helps manage this essential aspect
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Questions to Ask- What will I need to do or plan for this year? (Taxes, etc)
- What financial software do you use or recommend?
- Where do you bank and why?
- What services do you typically provide businesses?
- Do you understand my business?
- Do you have clients doing similar things to what I’m doing?
- What advice & tips do you have for me to ensure maximum success?
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3. Attorney
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First, to setup your legal business entity
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Second, to have someone to call when an issue comes up
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4. Team
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Whoever you need to build & ship
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The Team Could Be ...- Volunteer Team Members
- Paid Team Members
- Financial Partners
- Equity Partners
- Vendors / Suppliers
- Collaborators / Joint Venture Partners
- Consultants / Contractors
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5. Mentors
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Outside counselExperienced truth tellerNot compensatedNot a team member or partner
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6. Customers
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Everything in a startup is an experiment to test
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The ultimate test is if someone will give you $$$ for it
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Customers are key partners in your entrepreneurial dream
Never ever forget:
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