Failed partnership. Share your experience.
Oleg from FirstHR
6 replies
Many entrepreneurs have had experiences with unsuccessful partnerships. Please share your experiences and tell us about the red flags that let you know that a person is not suitable for you as a startup partner.
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Nick from FirstHR@nickanisimov
FirstHR
My worst partnership was when the co-founder never realized that he was a co-founder now, not an employee of the corporation. Because when the first problems arose, he was sure that it was the company that had to save him, and not he the company.
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I would also outline the partnership that have never happened:
People DM me with the request to collaborate but suddenly after 2 or 3 weeks of making up details, they cancel everything...
Why to waste time like that?
@busmark_w_nika This seems like a classic to me.
Launching soon!
Not a failed partnership, but I've steered away last minute a couple of times when I got the sense that the other person/people didn't want it as bad as me. There's no way I can commit with someone if I don't get the sense that they're ride or die.
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Misaligned goals-there will always be a constant conflict between pursing more wealth and achieving a more balanced life.
Man that sucks. Learned this one the hard way too. Partners need to be 100% bought in and realize it's sink or swim together. Employees just punch the clock and expect a check no matter what. Big difference! Def screen for that owner's mentality next time around. Wishing you better luck on the next one!