How to Crush It with a Partner
Episode description
Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another solo episode where I deliver my thoughts on building a real estate investment company with a partner. I am sharing a presentation that I gave concerning the important issues pertaining to whether or not a partnership is the right choice for you.
“I have found over the years that there is a framework and guidelines you can follow to know whether or not a partnership makes sense for you.”
“I know people that have lost millions in bad partnerships.”
“I only ever want to talk about things that I am completely passionate about.”
“I think what people do, without a whole lot of thought or research, is they jump into partnerships.”
“Being an entrepreneur can be lonely.”
“Having a partner can be very comforting because it is someone in the trenches with you and understands the struggle, but trust me - that is not a good enough reason to partner.”
“You don’t need a partner to have a sounding board.”
“One benefit to having a partner is that you can take time off.”
“There is always a price to having a partner.”
“You have to have a similar risk tolerance.”
“I was sleeping like a baby because risk doesn’t bother me.”
“We all know that we can recover from mistakes.”
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