How to find a good business PARTNER – Lunch & Earn

how do you find a good business partner

how do you find a good business partner I’m gonna answer that question in

I’m gonna answer that question in

I’m gonna answer that question in today’s episode of lunch and earn so

today’s episode of lunch and earn so

today’s episode of lunch and earn so Risa got asked a question for one of my

Risa got asked a question for one of my

Risa got asked a question for one of my YouTube followers love you guys Chris

YouTube followers love you guys Chris

YouTube followers love you guys Chris concrete who wrote in this a I’ve been

concrete who wrote in this a I’ve been

concrete who wrote in this a I’ve been let down by business partners several

let down by business partners several

let down by business partners several times over the past couple years I guess

times over the past couple years I guess

times over the past couple years I guess I wasn’t using the right standards to

I wasn’t using the right standards to

I wasn’t using the right standards to value and business partners because they

value and business partners because they

value and business partners because they were my friends I always seem to be the

were my friends I always seem to be the

were my friends I always seem to be the one that come up with great ideas and

one that come up with great ideas and

one that come up with great ideas and get everyone pumped up to cheap success

get everyone pumped up to cheap success

get everyone pumped up to cheap success but then after a short time I’m the only

but then after a short time I’m the only

but then after a short time I’m the only one still dedicated to the task I

one still dedicated to the task I

one still dedicated to the task I suppose maybe different for every field

suppose maybe different for every field

suppose maybe different for every field but could you make a video if you have

but could you make a video if you have

but could you make a video if you have when I’m ready on how to find a good

when I’m ready on how to find a good

when I’m ready on how to find a good business partner this is an amazing

business partner this is an amazing

business partner this is an amazing question and one that I don’t think

question and one that I don’t think

question and one that I don’t think enough people put real thought into the

enough people put real thought into the

enough people put real thought into the challenge is at the start of a business

challenge is at the start of a business

challenge is at the start of a business everybody’s excited right you have

everybody’s excited right you have

everybody’s excited right you have nothing but hopes nothing about

nothing but hopes nothing about

nothing but hopes nothing about potential nothing but you know big

potential nothing but you know big

potential nothing but you know big dreams and you’re running on fumes and

dreams and you’re running on fumes and

dreams and you’re running on fumes and energy and adrenaline and anybody who

energy and adrenaline and anybody who

energy and adrenaline and anybody who looks good like yeah let’s do this

looks good like yeah let’s do this

looks good like yeah let’s do this business you’re all excited to work

business you’re all excited to work

business you’re all excited to work together and the challenge typically is

together and the challenge typically is

together and the challenge typically is you find people who don’t share the same

you find people who don’t share the same

you find people who don’t share the same values as you do and so yes you need to

values as you do and so yes you need to

values as you do and so yes you need to have people who have the same who have

have people who have the same who have

have people who have the same who have complementary skills why not people who

complementary skills why not people who

complementary skills why not people who complement your weaknesses so you know

complement your weaknesses so you know

complement your weaknesses so you know if you’re starting a programming company

if you’re starting a programming company

if you’re starting a programming company you have someone who does a program when

you have someone who does a program when

you have someone who does a program when somebody does the business side right a

somebody does the business side right a

somebody does the business side right a lot of the tech companies of most

lot of the tech companies of most

lot of the tech companies of most successful ones was started by

successful ones was started by

successful ones was started by co-founders and it can really help boost

co-founders and it can really help boost

co-founders and it can really help boost your success to have a partner because

your success to have a partner because

your success to have a partner because it’s so hard to do everything yourself

it’s so hard to do everything yourself

it’s so hard to do everything yourself and if you can complement that with

and if you can complement that with

and if you can complement that with somebody else

somebody else

somebody else it really helps shortcut that path of

it really helps shortcut that path of

it really helps shortcut that path of success but having somebody with the

success but having somebody with the

success but having somebody with the right skills isn’t enough you need to

right skills isn’t enough you need to

right skills isn’t enough you need to have somebody who values the same thing

have somebody who values the same thing

have somebody who values the same thing as you do works just as hard as you do

as you do works just as hard as you do

as you do works just as hard as you do believes in the dream just as much as

believes in the dream just as much as

believes in the dream just as much as you do and not enough people take the

you do and not enough people take the

you do and not enough people take the time to really find that right person

time to really find that right person

time to really find that right person and I said that just dive in and six

and I said that just dive in and six

and I said that just dive in and six months later they end up saying what did

months later they end up saying what did

months later they end up saying what did I get myself into so I’m gonna give you

I get myself into so I’m gonna give you

I get myself into so I’m gonna give you three ways on how to find the right

three ways on how to find the right

three ways on how to find the right business partner for your company number

business partner for your company number

business partner for your company number one is look at people you already know

one is look at people you already know

one is look at people you already know and I know you’ve been burned by friends

and I know you’ve been burned by friends

and I know you’ve been burned by friends in the past and the the challenge of

in the past and the the challenge of

in the past and the the challenge of working with friends is that you don’t

working with friends is that you don’t

working with friends is that you don’t want to lose your friendship and grew in

want to lose your friendship and grew in

want to lose your friendship and grew in that relationship but you need to be

that relationship but you need to be

that relationship but you need to be able to work with people who you can

able to work with people who you can

able to work with people who you can spend a good chunk of time with right

spend a good chunk of time with right

spend a good chunk of time with right the way to find a co-founder isn’t just

the way to find a co-founder isn’t just

the way to find a co-founder isn’t just to put up an ad on Craigslist and say

to put up an ad on Craigslist and say

to put up an ad on Craigslist and say hey any a co-founder for my business

hey any a co-founder for my business

hey any a co-founder for my business it’s looking at the people who are

it’s looking at the people who are

it’s looking at the people who are already in your circle of friends and

already in your circle of friends and

already in your circle of friends and your you know friends of friends people

your you know friends of friends people

your you know friends of friends people who have some kind of association with

who have some kind of association with

who have some kind of association with to get a sense of is this somebody that

to get a sense of is this somebody that

to get a sense of is this somebody that I can spend a lot of time with because

I can spend a lot of time with because

I can spend a lot of time with because you’re probably gonna spend more time

you’re probably gonna spend more time

you’re probably gonna spend more time with them then your wife or girlfriend

with them then your wife or girlfriend

with them then your wife or girlfriend or boyfriend or husband you’re spending

or boyfriend or husband you’re spending

or boyfriend or husband you’re spending a lot of time with these people and it’s

a lot of time with these people and it’s

a lot of time with these people and it’s got to be somebody who you can be around

got to be somebody who you can be around

got to be somebody who you can be around and share those same values and the

and share those same values and the

and share those same values and the easiest place to start is within your

easiest place to start is within your

easiest place to start is within your own circle of friends number two is hang

own circle of friends number two is hang

own circle of friends number two is hang out in the community that you want to be

out in the community that you want to be

out in the community that you want to be a part of if for example you are looking

a part of if for example you are looking

a part of if for example you are looking for a programmer to help you I would

for a programmer to help you I would

for a programmer to help you I would start hanging around places where

start hanging around places where

start hanging around places where programmers go if you have you know if

programmers go if you have you know if

programmers go if you have you know if you don’t know any programmers yet you

you don’t know any programmers yet you

you don’t know any programmers yet you have zero friends in the programming

have zero friends in the programming

have zero friends in the programming community start hanging around that

community start hanging around that

community start hanging around that community and you will start to meet

community and you will start to meet

community and you will start to meet people go to their events attend their

people go to their events attend their

people go to their events attend their seminars chat with them online right

seminars chat with them online right

seminars chat with them online right just hang out and be a part of that

just hang out and be a part of that

just hang out and be a part of that community and let people know what

community and let people know what

community and let people know what you’re trying to do and you’ll start to

you’re trying to do and you’ll start to

you’re trying to do and you’ll start to attract the right kind of people to you

attract the right kind of people to you

attract the right kind of people to you to understand your business to help you

to understand your business to help you

to understand your business to help you move your project forward and so as an

move your project forward and so as an

move your project forward and so as an example I’m in the salsa business right

example I’m in the salsa business right

example I’m in the salsa business right I’m have really invested in the salsa

I’m have really invested in the salsa

I’m have really invested in the salsa business now and I’ve met a lot of great

business now and I’ve met a lot of great

business now and I’ve met a lot of great people through the salsa business the

people through the salsa business the

people through the salsa business the person who I hired to run the salsa

person who I hired to run the salsa

person who I hired to run the salsa company is from the salsa community and

company is from the salsa community and

company is from the salsa community and so by hanging around the community I get

so by hanging around the community I get

so by hanging around the community I get to meet and know people who can then

to meet and know people who can then

to meet and know people who can then help me grow that business and so the

help me grow that business and so the

help me grow that business and so the solution isn’t just sit on the computer

solution isn’t just sit on the computer

solution isn’t just sit on the computer and do nothing and sit at home and be

and do nothing and sit at home and be

and do nothing and sit at home and be frustrated upset that you can’t find the

frustrated upset that you can’t find the

frustrated upset that you can’t find the right business partner it’s going out

right business partner it’s going out

right business partner it’s going out and making a new circle of friends where

and making a new circle of friends where

and making a new circle of friends where your target partner is going to be start

your target partner is going to be start

your target partner is going to be start hanging around those people start making

hanging around those people start making

hanging around those people start making connections start learning from them and

connections start learning from them and

connections start learning from them and talk about your idea what you’re trying

talk about your idea what you’re trying

talk about your idea what you’re trying to do and you’ll start getting people

to do and you’ll start getting people

to do and you’ll start getting people gravitate into you ask me questions want

gravitate into you ask me questions want

gravitate into you ask me questions want to being a part of what you’re all about

to being a part of what you’re all about

to being a part of what you’re all about and number three is start with a small

and number three is start with a small

and number three is start with a small test this is the biggest mistake that I

test this is the biggest mistake that I

test this is the biggest mistake that I feel most entrepreneurs do they rush

feel most entrepreneurs do they rush

feel most entrepreneurs do they rush into a

into a

into a partnership way too early again because

partnership way too early again because

partnership way too early again because that looks so great on the surface it

that looks so great on the surface it

that looks so great on the surface it looks so amazing there’s nothing but

looks so amazing there’s nothing but

looks so amazing there’s nothing but dreams and hopes and possibilities and

dreams and hopes and possibilities and

dreams and hopes and possibilities and then life gets in the way and you don’t

then life gets in the way and you don’t

then life gets in the way and you don’t get the results that you want fast

get the results that you want fast

get the results that you want fast enough and it’s taking you longer and

enough and it’s taking you longer and

enough and it’s taking you longer and it’s more expensive and more

it’s more expensive and more

it’s more expensive and more time-consuming and that’s when things

time-consuming and that’s when things

time-consuming and that’s when things start to fall apart and that’s when you

start to fall apart and that’s when you

start to fall apart and that’s when you really discover who these people are and

really discover who these people are and

really discover who these people are and so the easiest way to get started is not

so the easiest way to get started is not

so the easiest way to get started is not just to give up half of your company to

just to give up half of your company to

just to give up half of your company to your partner here is to do a small test

your partner here is to do a small test

your partner here is to do a small test work together on a small project see if

work together on a small project see if

work together on a small project see if you like working together see if it

you like working together see if it

you like working together see if it works see if you’re gelling off of each

works see if you’re gelling off of each

works see if you’re gelling off of each other and then expand to a bigger test

other and then expand to a bigger test

other and then expand to a bigger test and then a bigger test and then slowly

and then a bigger test and then slowly

and then a bigger test and then slowly give them equity in the business if they

give them equity in the business if they

give them equity in the business if they earn in and if you feel like this is

earn in and if you feel like this is

earn in and if you feel like this is something that can really work I feel

something that can really work I feel

something that can really work I feel most people don’t test it and I feel

most people don’t test it and I feel

most people don’t test it and I feel that’s why most partnerships will family

that’s why most partnerships will family

that’s why most partnerships will family so look at the people that you already

so look at the people that you already

so look at the people that you already know hang out in the community that you

know hang out in the community that you

know hang out in the community that you want to be a part of and start with a

want to be a part of and start with a

want to be a part of and start with a small test believe thank you guys so

small test believe thank you guys so

small test believe thank you guys so much for watching I would love to know

much for watching I would love to know

much for watching I would love to know how you guys have gone out and found a

how you guys have gone out and found a

how you guys have gone out and found a business partner or any stories you have

business partner or any stories you have

business partner or any stories you have good or bad about business partners

good or bad about business partners

good or bad about business partners leave in the comments below I’m really

leave in the comments below I’m really

leave in the comments below I’m really curious to find out thank you for

curious to find out thank you for

curious to find out thank you for watching continue to believe and I’ll

watching continue to believe and I’ll

watching continue to believe and I’ll see you soon