Understanding each other's work habits early on, trusting each other to deliver high-quality work, and having efficient methods for resolving disagreements are key to successful collaborations. Prioritizing collaboration over individual work can lead to increased productivity, as each person can work on their own tasks while the other person is working on the collaborative project. Emphasizing speed in responses and task completion is crucial for efficient collaboration and academic responsibilities, as delaying tasks often leads to increased busyness and decreased productivity.