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How The Rich Avoid Taxes Legally | Rich Dad Poor Dad | Chapter 4

Effortless English Podcast | Learn English with AJ Hoge

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The Pros of Partnerships

I don't recommend partnerships, honestly, especially someone who's new starting business. One person is almost always much more motivated than the other one. I'll give you an example from music. The beetles had an equal partnership for musicians, john, paul, george and ringo. Four of them each got 25%. John and paul did most of the work. They created 95 % of the hit songs. And ringo did nothing at all. Was he a great drummer? Not even a grea drummer. His drumming skills were, ok. Some people will break this, but that's my personal advice. Own it all yourself.

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