Align Values Before Partnerships

Selecting business partners requires careful consideration of both ethical alignment and structural compatibility. Partners may be good people, but without an agreed-upon framework for the partnership, conflicts will arise. It's crucial to recognize that differing views on structure are red flags; compromise in this area often leads to significant problems later. Successful partnerships depend on mutual respect for each other's contributions. Disagreement on valuation signals potential misalignment that can cause ongoing issues. Prioritize alignment in both values and operations to avoid future complications in business relationships.