Family-owned small business are actually three distinct but related systems, with part of each system separate and part bound together.
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Establish your partnership DNA
The only thing harder than being a business owner is being a partner. David Gage joins Jim Blasingame to discuss the importance of establishing the DNA of your partnership in the beginning to ensure partner values are in alignment.
Category:
Family Businesses and Partnerships, Legal
More interviews with David Gage »See all
David Gage joins Jim Blasingame to discuss how to know when it’s time to bring a partnership – even a long-term one – to an end, and how to make that happen before things get too bad.
David Gage joins Jim Blasingame to discuss business partnerships, especially the extra degree of difficulty that comes when the partnership is comprised of family members, and why compatible values are always the coin of the partnership realm.
David Gage joins Jim Blasingame to report on the surge in partnerships that coincide with the increase in business startups during the pandemic, and to discuss what Jim calls the “Partnership Paradox.”
David Gage joins Jim Blasingame to discuss why you should be prepared to walk away from a prospective partnership if you determine that critical elements that lead to success are not aligned between all parties.
David Gage joins Jim Blasingame to identify three tools that you should employ as you consider starting a partnership, in order to identify conflict resolution, personality profile, and alignment of values.
