Page 223 - Social Media Marketing
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Partnering Your Way to Unlimited Success 211
o When you want to achieve something you cannot
accomplish on your own, look for partners who have what
you need and need what you have.
o Try to identify a business partnership that you think would
be rewarding and profitable.
o Remember the three steps to accomplishing anything you set
your mind to: (1) Identify what you want to do. (2)
Determine what you need to reach your goal. (3) Acquire
everything you need-by forming partnerships, if necessary.
o Always have a partnership agreement in place that
delineates each partner's responsibilities and share of the
profits.
o A good partnership agreement always contains an exit
strategy, detailing which partner gets what in the event that
the partnership dissolves.
o Look for opportunities to develop creative partnerships with
other businesses inside and outside of your industry to
invent new products and services that generate revenue for
both of you.
