Teaming up to develop your career infuses new ideas and boosts productivity. However, to make a partnership work is no joke. To see faster and greater career development, it pays for individuals with the same goals to work together. The following tips will come in handy to make the partnership work.

Prioritize values

The concept of values is more than achieving the goals of the partnership. It pays to define core values that every partner should embrace. These are what your partnership stands for. Perhaps you want to be a startup that thrives on innovativeness. Partners should take pride in coming up with innovative ideas to portray your values.

Having the same approach to a common goal lessens chances of conflicts. There will be no need for who is right or wrong. The trick is to go with the approach likely to yield better results. Therefore, ensure to work with your partner to prioritize your values.

Communication is key

This is an essential element for success in any partnership. It is very important to maintain regular communication with your partner to ensure you are at par. The regular dialogue will maintain a commonality of thought. Working on the same page will ensure that your goal is achieved faster.

Additionally, regular communication lessens misunderstandings and mistrust. You cannot rule out chances of misinterpretation or misunderstandings among partners. However, regular dialogue discards the mistrust and gives room for partners to clear the air.

Have a common goal

It’s obvious that there should be a common goal to glue the partners together. However, you cannot rule out chances of diverging expectations. This is okay. However, to avoid raising adrenaline, a set of common goals helps. It is important to have a path with a clear goal. Working with your partner to set goals is key for the partnership to meet expectations.

SWOT analysis helps

A partnership comes with various skills and opinions. To ensure success, collective skills and knowledge is important. However, this comes after analyzing the strengths and weaknesses of the partners. This will determine one’s roles and responsibility. It will also help the partnership develop and utilize unused skills and talents, which could mean more revenue for the partnership.

Partnerships thrive on commitment

Dedication and commitment might have a different meaning to the partners. Therefore, it is important to decide on what commitments are expected of every partner. This can be through listing duties partners should handle. It will eliminate the chances of a partner thinking that they are putting more into the partnership than the other.

Make time for fun

Partnerships are not just about working continuously. Since partners usually have common hobbies, it is a wonderful idea to spare time to indulge in your hobbies. This brings partners closer and refreshes the mind.

Learn, learn, learn and continuously learn

Learning never stops. This is true even in partnerships. The world is ever-changing and business keeps getting more competitive by the day. Only highly innovative startups break even. To challenge the top dogs in the market, continuous innovation is key.

This is only possible through continuous learning to enhance and develop new skills. Learning helps overcome past mistakes and discovering trending tastes in the market. This promotes the development of products and service at par with demand.

Bringing it all together

Teaming up with the right partner with similar goals will significantly boost your efforts to develop your career. A partnership comes with benefits including increased motivation, consistency, and fun of course. To make the most of your partnership requires prioritizing values and good communication among partners. Book consultancy services from professionals who offer a customized approach to help you achieve your goal.

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Before looking for a startup partner, ensure to make a checklist of the kind of person you want to work with. Assess the duties and resources you are to bring into the relationship. Be clear and honest about yourself. It will ensure you choose the right partner with whom to navigate the muddy waters of career development. This is the trick to achieving the objectives you set out to do.

For quality and effective partnership that will last, having the same personal experiences is not necessary. However, these should not conflict with your aspirations to prevent disagreements. In fact, when used well, different personal experiences enrich the partnership. Consider the following when choosing a partner;

Personal situation

Your present state and that of your partner is the thin line between future harmony and conflict in a partnership. Features such as age and stage in life can make making decisions hard.

Ensure to align yourself with people having complementary goals and desires. This lessens the chances of conflicts.

Family background

The best partner should not be with a family that might come in the way of achieving your goals. Your partner’s family situation does not necessarily have to be the same as yours. What matters is each partner to understand the other’s schedule, lifestyle, and decisions with the ability to collaborate and most importantly prioritize where necessary.

Core beliefs/value system

What your partner believes in should be consistent with your core beliefs and values. These do not have to be in line with your goals. However, complementing core values come in handy to prevent any conflicts that might tear the partners apart.

Complementary talents

The way you handle responsibilities and other activities should be in absolute alignment. These promote better workflow and assigning tasks the partner is well suited to handle. This is the trick to putting each partner’s best talents to good use.

A great partnership should have a detailed oriented partner and the other who thinks about the big picture. This skillset is well-suited because no one is necessarily better than the other. Each partner should respect the other’s unique talents and abilities. It will make everyone do things they are best suited for and enjoy, which ultimately benefits the partnership.

Shared hobbies

A partnership is not all about work. Indulging in your hobbies can make life better and make your brain work smarter. It is true that the most successful startups are those that grow out of passion. This is true if you team up with a partner that has the same hobbies as yours.

Your hobby can be a starting point to launch your business endeavor. This is true in the following situations:

  • Being patient and consistent
  • Getting a partner with the same hobby
  • Leveraging career coaches and mentors
Bringing it all together

A business partner can be anyone from a colleague at work, family, a close friend, or business associate. However, you don’t just jump at the first person that compliments your skills. A good partner should share your values, hobbies, and talents among others. Once you find a good match, you can seek assistance from a career coach to help you kick-start your journey.

 

Do you have a personal story you’d like to see published on Coaching Chocolates, get in touch with us at Info@coachingchocolates.com.

Forward-thinking young people recognize the value of establishing and building strong partnerships or networks as they go through every stage in life. Some times these relationships result in business partnerships that last a life time. There are various benefits to joining forces with a partner. Read on for some of the reasons;

Combined resources

Starting or running a business requires a variety of skills. You might be good at marketing, strategy but not tech savvy. Regardless of your level of expertise, experience, and knowledge, you could use another head.

This is true since you cannot know everything. Having a great partner expands your ideas and broadens your horizon, providing access to a richer pool of resources, experience and network that your career or business can draw upon. This will cultivate resources to steer your career or start-up to greater heights.

Start-up costs/finance

Start-up costs are the most prohibitive factors that hinder most people from taking the plunge to start a business. Luckily, in a partnership, the partners contribute money for capital. This lowers the amount it would have cost you if you were in a sole trade business.

If a friend believes in your business idea, they can contribute a percentage of the capital. This means, you will have to share the profits the business makes according to the percentage of capital contributed.

Strength to compensate your weakness

Teaming up will help to compensate for each other’s weaknesses and complement strengths. Additionally, it gives time for you to focus on maximizing your strengths. The partnership will make your strength stronger and minimize your weaknesses amazingly.

You need help from a partner to counteract your weakness. In the same way, someone needs your strength to balance their weakness too.

Spurs innovation

Brainstorming alone is very hard. One’s creative juices flow more freely when bouncing ideas off others. You will find handling things more interesting if you have a partner around to introduce new ideas and perspectives to.

This is likely to make you more productive with focus on being more innovative. The give-and-take atmosphere when with a partner promotes creativity.

New perspectives to change your approach

As noted earlier, creativity is more prevalent when there is a partner to brainstorm with. This helps to discard one’s old ways of doing things. Getting a second thought might help you realize that perhaps it’s the approach that is keeping you from achieving your goals.

Perspectives from a partner will make you develop new approaches out of complacency. This will help you see the possibilities of changing the old ways to suit new situations.

Promotes taking greater risks

Without challenges, you are more likely to avoid making leaps that might take your career to a greater height. A partner might challenge you to take greater risks with the potential to grow. This is because you are no longer safe to stay in your comfort zone. The partner will make doing things easier and much fun.

Partners encourage each other to be more daring since there is someone to pick up the pieces for any inconsistencies. Tenzing Norgay and Sir Edmund Hilary relied on each other to maneuver Mt. Everest in 1953. Your partner will always be there to help you attempt things you never knew you could. And, to advise you on appropriate steps to take when things don’t go as planned.

Support

Partnerships can help you leverage the strength of your partner in bad times. In a partnership, it is possible to leverage the knowledge and expertise of your partner to achieve goals.

A sound partnership is where all parties mutually benefit from each other. The core value for the union should be to maximize your strengths for mutual value and benefit.

Bottom line

More than anything, effective partners have to realize that they are in it together. There’s no need to compete against each other but to join forces, to leverage the power of we and compete against the world. Are you thinking of a partnership but don’t know where to begin,  contact us at info@coachingchocolates.com, for a free consultation.

Do you have a personal story you’d like to see published on Coaching Chocolates, get in touch with us at Info@coachingchocolates.com.