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Financial News   Wealth Coaching | Become a Millionaire | Wealth Building Video

The Urban Wall Street Project Interview - Part V

Finding the Right Business Partners

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1:57 Minutes

National best-selling author and business coach William R. Patterson provides insights to help build your million-dollar business in part five of an in-depth interview for The Urban Wall Street Project with Earl Christian III.

To reach any significant level of success, every small business owner should have a business coach to help them avoid many of the hurdles and pitfalls that exist and rapidly build their business with integrated turnkey solutions. THE BARON SOLUTION leverages over 200 business and financial accelerators to help you dramatically improve the profits of your small business.

One of the major challenges facing entrepreneurs and business leaders is finding the right business partners. Great care should be exercised when selecting associates because the right choice can bridge gaps and assist in the execution of your business plan. The wrong choice can harm the reputation and earnings of your company.

When forming strategic alliances, you should consider:

Finding Believers in Your Mission
No one will champion your cause like a true believer in your product/service. Align yourself with those who comprehend the magnitude of what you are doing and will offer wholehearted support to your endeavors. Those who align themselves with you solely for monetary gain will often carry a short-term perspective that will conflict with your long-term business strategy.

Active Partners vs. Passive Partners
Are you looking for an active or passive interest holder in your business? Do you seek someone who will be involved in the day-to-day management of the company? Many entrepreneurs opt for passive partners to avoid having them encroach on the management of the business. If you elect active partners, it is important that they share the same vision, objectives, and ethics as your associates.

Read More about Finding the Right Business Partners Now!

View Urban Wall Street Project Television Show Archive Now!



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Disclaimer

William R. Patterson, Vicky Therese Davis, and D. Marques Patton are NOT Registered Representatives with the National Association of Securities Dealers nor the Securities and Exchange Commission. In compliance with these regulatory bodies they make no recommendations, nor give any advice. All events, materials, and publications, including but not limited to seminars, teleseminars, books, e-books, audio books, CDs, video presentations, newsletters, and advertisements accessed through this website are designed to educate and provide general information regarding the subject matter covered. They are offered and/or sold with the understanding that neither its authors nor the publisher are engaged in rendering legal, financial, medical, or other licensed professional services. Each situation is different and advice should be tailored to particular circumstances. For this reason, the user is strongly encouraged to consult with his/her own advisor regarding that individual’s specific situation. The authors and publisher specifically disclaim any implied warranties of merchantability or fitness for any particular purpose and shall in no event be liable for any loss or profit or other commercial damage, including but not limited to special, incidental, consequential, or other damages incurred as a result of specific investments or planning decisions made by the user and/or participant.



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