Entrepreneurs on Fire

Before You Shake Hands: The Partnership Red Flags That Could Save You Millions with Elle George

Sep 23, 2025
Elle George, a serial entrepreneur and author of Before You Shake Hands, shares invaluable insights on partnership pitfalls. She emphasizes that excitement often clouds judgment and urges slowing down to ask tough questions before making any commitments. Ignoring early red flags can lead to hefty consequences, so it's crucial to recognize misalignments. Elle highlights that exiting a bad partnership isn't a failure, but rather a smart choice that can lead to greater freedom and opportunity. Her book serves as a must-have toolkit for avoiding million-dollar mistakes.
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INSIGHT

Obsession Beats Talent Early On

  • Talent is overrated; alignment and obsession with your vision matter more when starting a business.
  • Balance comes later after hardcore hustle, not at the beginning.
ADVICE

Ask Hard Questions Before Partnering

  • Slow down and ask uncomfortable but practical questions before partnering with anyone.
  • Use an alignment toolkit covering values, roles, trust, financials, and exit strategies.
ANECDOTE

Fast, Hostile Takeover Experience

  • Elle experienced a rapid, hostile takeover where she was locked out, emails and files disappeared, and bank documents were forged.
  • The betrayal happened within weeks and was driven by greed and lack of alignment.
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