Mutual respect - Deepstash

Mutual respect

To maintain a working relationship, choose someone you can respect and talk things over with. The person should be as intelligent and hardworking as you.

Both of you should respect and accept the other's contribution to the company.

4

STASHED IN:

14

MORE IDEAS FROM What Should You be Looking in Your Co-founder?

Choosing a co-founder

Choosing a business partner is similar to choosing a life partner. If you make a wrong decision, it can make life overly complicated.

When you know you will need to spend countless hours together, it is wise to find someone with whom you can get along and trust well. Choosing a co-founder requires you to make a level-headed and informed decision.

5

STASHED IN:

14

A business partner should have a matched personality to yours. You will need to meet various people, and both of you should be presentable and confident.

If you can unwind with your business partner, you will be more able to meet the challenges of the job.

3

STASHED IN:

14

Mission and passion alignment

The mission and passion of both partners should be aligned.

Ensure that you are united over shared interests and are on the same page as far as the company's future is concerned.

4

STASHED IN:

14

It is often good to find someone who can balance your strengths and weaknesses. For example, if you don't have sufficient technical knowledge, look for one that can balance it out.

The business partner you choose should be willing to fit with the culture of your company.

4

STASHED IN:

14

Deepstash helps you become inspired, wiser and productive, through bite-sized ideas from the best articles, books and videos out there.

GET THE APP:

RELATED IDEA

Make sure your product is ready

Make sure that the item itself is ready to go to market. It’s no use approaching buyers if there are issues with durability or design which need fixing before production can begin in earnest.

Conduct testing which usually happens in various stages and typically involves:

  • Design testing and quality control checks to ensure that the product is fit for purpose and works as intended
  • Trials to see how well the target market responds to your idea
  • Customer surveys focus groups and blind testing
  • Production testing to make sure there are no issues with the manufacturing processes or supply line

3

STASHED IN:

25

Teamwork is perceived as being extremely efficient in our everyday working structure, as it develops social skills in addition to enabling a faster achievement of goals.

However, each and every person who is part of the team has to give his or her best in order for the team itself to function successfully.

2

STASHED IN:

92

If you want to remain mediocre at something forever, keep it to yourself

If you want to become extremely successful, then openly share your dreams with your loved ones. Friends and family will also hold you accountable to your dreams and goals if they see you not making progress.

2

STASHED IN:

468