Most common questions I get asked from entrepreneurs is, "Patrick, how do I choose the right business partner? How do I go about choosing the right business partner?" It's a very, very good question, but it's not a one or two sentence answer. It's something that we need to process together. But before getting into it, I want to take note of three things I'm going to cover: 1. The six types of partnership, because it's not just one type of partnership. 2. The consequences of choosing the wrong business partner. 3. How to go about choosing the right business partner. Before diving into these topics, let's first tell your story. Business and marriage are very similar, let me tell you, very, very similar. The way you choose a business partner is very important, just like how you choose a spouse. A lot of times, in my past relationships, I used to only consider looks and physical attraction. But I realized that there's more to it than just that. I wanted to dig deeper. For example, when my wife and I first went on a date on December 29th, 2007, we went to PF Changs. On our second date, I took her to a bookstore. We went to Earth Cafe, did the stairs in Santa Monica, and I even took her to a bookstore called Borders (which is no longer in business). On our second date, I bought her a book called "The 101 Questions to Ask Before You Get Engaged". I wanted her to read it before we entered into a serious relationship. I made it clear that I wasn't just looking for a physical relationship, but for a lifelong partner. After she read the book, we spent six hours answering all the tough and direct questions. We were very open and...
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Video instructions and help with filling out and completing Who Form 8865 Partnership
