What makes a good or bad business partner?

[Lou_C]

I need some tips on good vs bad business partner.

I have a friend who thinks that she is going to sit back and do nothing while I do all of the work.

If someone is a silent partner shouldn't they be investing all of the cash into it while the other person does all of the work. I mean if they don't want to give up their precious time on the business then shouldn't they put in the cash and just sit back and be the silent partner.

What is a silent partner?

Would you start a business with someone who you have to jump through hoops for to get in touch with?

She won't answer the phone unless I call from a pay phone because she is the silent partner. Is that a crock of shit or what?

I am thinking about giving up on our business venture together and going into business by myself.

Would you go into business with a friend?

[mopinko]

1. Would you go into business with a friend?

not this one!

[Lou_C]

2. Tonight was my last straw

I tried to call her and she wouldn't answer the phone and If I go out to a pay phone then she will answer the phone. Why? Because my number doesn't show up on her caller ID that's why.

Screw her I am going into business by myself and I will either sink or swim.

I am so tiered of begging her to help me that I am going to stop talking to her for good.

[Atman]

3. Never go into business with a friend

There are no good business partners. You'll always end up having to do something you'd never want to do to a friend, and either the business or the friendship is going to suffer. I've been party to two formal partnerships, one more than I swore I'd ever do again.

[Lou_C]

4. The last straw today was

I placed an order for lingerie and I wanted to find out what color and sizes that we should order and how much that I should spend.

I needed input on this because I can't do it all. If we end up with things that don't sell guess who is going to get the blame...Me.

I have already put my name down on the business application and I am going to call and find out if I can remove my name from the form.

I can't go through this any longer with her she either doesn't want a business or she has too much on her plate to be involved with our business right now.

[Senior citizen]

5. A good business partner is one who

puts up most of the cash, and is willing to do part of the work, is someone you get along with well and you mutually respect each other's judgment, and who wants the business to succeed but will settle for the tax write-off if it doesn't. If I ever meet anybody like that I might consider going into business.

[Lou_C]

6. Would you put up with a business partner that you can't get in touch with?

I can't do it anymore and she is a good person but you can't run a business with a "silent partner".

[Senior citizen]

7. I'm not the one to ask.

I wouldn't even put up with a business partner that I COULD get in touch with. I'm just not much of a team player.

[jayavarman]

8. I think you've answered your own question

from the bit you've said, I don't see how your friend would be a good partner . . . unless she's putting up all of your $$, that is

[Lou_C]

9. Thanks

I will think about that.