You can only do so much alone. When you don’t have anybody by your side when things get difficult, you’ll soon reach a ceiling that you can only surpass by inviting another person to form a partnership with you and deliver even more value together.
In today’s episode, Alexa speaks with Mike "cRoc," a serial entrepreneur, founder, and author, about the importance of partnerships in building successful businesses. With decades of collective experience, they discuss the lessons they’ve learned from both successful and failed partnerships to save you time and energy during your next endeavor.
Key parts of the conversation:
- [0:34] - Today’s Topic: Will Partners Make You Sink Or Swim?
- [2:05] - Should you have a business partner?
- [8:26] - Alexa’s 3 roles of employees
- [11:51] - How partnerships stand the test of time
- [13:02] - The importance of vulnerability
- [14:13] - Mike’s advice for successful partnerships
Great quotes from the podcast:
- “You have to make sure you get the right person with the right skill set.” - Alexa
- “You can't do everything yourself.” - Mike
- “I need somebody who works as hard as I do.” - Alexa
- “Partnerships are a constant work; just because it worked in 2012, doesn't mean it's going to work in 2022.” - Alexa
- “Every single partnership, I walked away and learned something.” - Alexa
- “You should check with your partners every day.” - Mike
- “Sometimes we're so quick to blame others for our problems when we don't look in the mirror.” - Mike
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