10 Types of Business Partners

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Valuetainment

Valuetainment

Күн бұрын

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Patrick Bet-David talks about the 10 Types of Business Partners you need to be aware of. Share your thoughts with Patrick Bet-David by texting 310.340.1132 or click here (my.community.com/patrickbetdavid)
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Пікірлер: 161
@thetriumphanthustler7001
@thetriumphanthustler7001 4 жыл бұрын
find a business partner that compensates for your weaknesses
@dizamusa2290
@dizamusa2290 2 жыл бұрын
Thanks for this
@dstaw9993
@dstaw9993 2 жыл бұрын
It helped me to think more clearly
@thoyo
@thoyo 4 жыл бұрын
Don't forget Uncle Sam. He's everyone's silent business partner, like it or not 🥺
@davyroger3773
@davyroger3773 4 жыл бұрын
Sounds like La Cosa Nostra
@kiramichelle7437
@kiramichelle7437 3 жыл бұрын
Wow !!!! I literally just went through this (the hard way) but it was the best thing me and my partner could have done .. not even a month later after we settled our differences and made certain commitment changes did we get an offer that we had been praying for for the past 2 years of our start up ! Great video
@stanislavognyanov4660
@stanislavognyanov4660 4 жыл бұрын
Pat uploading a video on Christmas Eve. Gotta love the man. Happy holidays to all valuetainers!
@troythegreat777
@troythegreat777 4 жыл бұрын
The Bank = Silent Partner
@theliftexpert
@theliftexpert 4 жыл бұрын
Truth---financial partners are problematic relationships forever . I would recommend to be the 100% owner .....and set up comp plans with your key employees that align with your business goals . Then you can make these 10 types of people feel like they are partners ,but are your managers and employees not your financial partners.
@davepollison4333
@davepollison4333 4 жыл бұрын
You are so right, two-person business partnerships NEVER work out. Someone has to be in charge. Don't believe me? Start a business with a partner and talk to me in a couple of years. I guarantee you in time you will think the other person is a complete asshole.
@ashvent7687
@ashvent7687 4 жыл бұрын
The timing on this video is perfect for my life.
@ImAnthonyAguilar
@ImAnthonyAguilar 4 жыл бұрын
ash vent What are you working on? :)
@ridvan9156
@ridvan9156 4 жыл бұрын
If you want to be my business partner at a business worth €1.3Million in assets please contact me on my email : notice anyone can qualify this is not based on experience I'm just looking for a partner. Email:elevencapitals@gmail.com
@mehdihakimi2807
@mehdihakimi2807 10 ай бұрын
Same dude
@NavedAhmadX
@NavedAhmadX 4 жыл бұрын
Notification Squad. Thankyou Mr. Patrick.
@alberonibaggio9680
@alberonibaggio9680 4 жыл бұрын
After forming partnership with people on two business ventures this year , I’ve come to realize that it’s better to run my business alone and hire people instead
@alfredo6000
@alfredo6000 3 жыл бұрын
Bank partner then, if you need the capital that is
@jennifersteeves5482
@jennifersteeves5482 Жыл бұрын
@@alfredo6000 How do you get a bank partner? So I’m looking for a business partner but I have bad credit because I’m in a consumer proposal but I have a great business idea and I have already come up with 90% of the business my only thing I’m lacking is the finances to get started
@teremoanatiputoa9899
@teremoanatiputoa9899 5 ай бұрын
yo
@PassiveIncomeTom
@PassiveIncomeTom 4 жыл бұрын
*Who you work with can help or hurt you in business. Choose your partners wisely.* 👍
@divyamurugesan5557
@divyamurugesan5557 4 жыл бұрын
Merry Christmas Mr. Pat and to the Valuetainment team. 😁😁🎄🎄🎅🎅
@supremeoftheartss.o.t.a8047
@supremeoftheartss.o.t.a8047 3 жыл бұрын
Awesome that didn't feel like 10 mins, absolutely awesome keep going n thank you again!
@tiffanig9810
@tiffanig9810 2 жыл бұрын
🔥🔥🔥🔥🔥🔥 Amazing!!! Thank you soooo much!!!!!! Learning a lot about myself and this helped a lot! Thank you!
@terrygoode1716
@terrygoode1716 3 жыл бұрын
Fantastic video! I really needed the strategic part!
@Truthspeaker495
@Truthspeaker495 4 жыл бұрын
Pat never fails to help 🙌🏼🙌🏼
@anamericanentrepreneur
@anamericanentrepreneur 4 жыл бұрын
Good info-keep it coming!
@adsojesus
@adsojesus 4 жыл бұрын
Thank you great video
@Oetti
@Oetti 4 жыл бұрын
Great video. Trying to learn and absorb as much as I can re: building a business and knowing whom to partner with is a key element. BTW Pat, you look like a badass with the buzz cut, but like a stud with the current hairdo. Keep this one.
@ridvan9156
@ridvan9156 4 жыл бұрын
If you want to be my business partner at a business worth €1.3Million in assets please contact me on my email : notice anyone can qualify this is not based on experience I'm just looking for a partner. Email:elevencapitals@gmail.com
@the_network_analyst
@the_network_analyst 4 жыл бұрын
Thank you Patrick
@aghiadf
@aghiadf 4 жыл бұрын
This is comprehensive video Thanks Pat
@saidtrinidad814
@saidtrinidad814 4 жыл бұрын
Damn always do great job Pat!
@pedronelson2492
@pedronelson2492 4 жыл бұрын
Thanks Pat. Great video
@TheBookofrhymes
@TheBookofrhymes 4 жыл бұрын
Real spill!!
@allenshaffer1150
@allenshaffer1150 4 жыл бұрын
I’ve been watching a lot of your videos lately and have really felt inspired. I was wondering if you could do a top ten books a new entrepreneur should read? Thanks for everything you do to help people.
@VALUETAINMENT
@VALUETAINMENT 4 жыл бұрын
kzfaq.info/get/bejne/hr9-gdCTxLDOemg.html - VT Team
@tung7015
@tung7015 2 жыл бұрын
This man is such a great teacher
@xkeepersvk
@xkeepersvk 4 жыл бұрын
I was the bank and the work horse, he was the leaner and guilt tripper with family. It didnt work out well. And he still thinks I did him wrong 😅
@westcoasthustle6133
@westcoasthustle6133 4 жыл бұрын
Why did you do that. To do him a favor? Sounded like a boss/employee relationship
@xkeepersvk
@xkeepersvk 4 жыл бұрын
@@westcoasthustle6133 No but thats how it worked out. We had a 50-50 agreement at the beginning, for time and money that we will invest. But then he started to have different priorities and excuses. One excuse was that he was building a house so he didnt have money, second was that he has kids so he didnt have time. I was willing push the project for some time untill he handles his personal stuff but After 6 months he started to act like he is the brain behind the entire project and that it is expectected of me to do the work. Ofcourse this happened after I had developed the product, have it patented and ready to market. Thats when I had enough.
@Tigers.i
@Tigers.i 4 жыл бұрын
Prefect timing for this video! Potentially have a great running mate
@ridvan9156
@ridvan9156 4 жыл бұрын
If you want to be my business partner at a business worth €1.3Million in assets please contact me on my email : notice anyone can qualify this is not based on experience I'm just looking for a partner. Email:elevencapitals@gmail.com
@jpepper418
@jpepper418 4 жыл бұрын
Spot on.
@Snow_Pulse
@Snow_Pulse 4 жыл бұрын
For a second there I thought the title said “10 Types of Business Parties” 🎉
@benjaminmpofu7649
@benjaminmpofu7649 4 жыл бұрын
Man this is definitely going to help me next month
@sestalks
@sestalks 4 жыл бұрын
Wow. Thanks a lot.
@bobslater4126
@bobslater4126 4 жыл бұрын
Clear the air!
@thebizness5596
@thebizness5596 4 жыл бұрын
Someone who has asked about going into business together has traits of the Leaner, ATM and loose lips. Thank you for confirming this.
@NagibKhater
@NagibKhater 4 жыл бұрын
Great content
@baltazarcarpio4447
@baltazarcarpio4447 3 жыл бұрын
Pbd thanks! I designed a brand that I think will rock. 4 people love it so far and I'll get more feedback on it. I ordered 2 of your books. I'm learning
@AIBOTSCONSULTANCY
@AIBOTSCONSULTANCY 3 ай бұрын
You're our hero Patrick ai bots consultancy team
@garci590
@garci590 4 жыл бұрын
Good data points. 👍
@liadosh1
@liadosh1 4 жыл бұрын
Notification Squad! o7
@entrodidact9135
@entrodidact9135 3 жыл бұрын
I'm ending my business partnership this month. I should have watched this video before deciding to partner with a "LEANER" Thank you for the insight PAT, you're a GEM!
@pj8mack
@pj8mack Жыл бұрын
Hi there, how did your experience go in terms of leaving the partnership? I’m currently in the same position as yourself
@Jay-bt4xu
@Jay-bt4xu 4 жыл бұрын
Ultimate gold
@zeddieholmes6609
@zeddieholmes6609 4 жыл бұрын
You have been doing a great job, Patrick, esp for people with interests in entrepreneurship and some business ideas. Quick question, if you have these 2 options; a) having the tech person as a partner in the business to develop the app, handle the tech side of the business and only participate in equity/ownership and 2) hire them for the app development job, pay them off and run with the app they developed. What factors would you consider and what would your decisions be given any number of different scenarios you may come up with?
@AlecSorensen
@AlecSorensen Жыл бұрын
How did this work out for you? As a former tech person and now a business coach, I'd say the following. First, if you go with cheap contractors, you will eventually get bogged down with low quality and spend more time trying to get them to fix their bugs than on your business. Eventually, you'll need to hire someone at a reasonable salary to clean it up. However, if you've got a good short-term plan, you're good at marketing, and you only need a simple solution, that might get you where you need to go in the near term. If you go with the short-term contractor fix, invest lots of time into research. There are offshore companies who do okay quality, but you're going to have to reach out to recent customers, get examples of their actual work (not just portfolio), and what it's like to work with them. In the long term, you're going to want someone who has ownership of the product, and that's either going to have to be a decent salary or making them a business partner if you can't swing a competitive full-time salary yet.
@GoalsAndCrows
@GoalsAndCrows 4 жыл бұрын
I think many of us would like to thank you for the amazing content you provide for free! I want to help people to live their dreams by using their habits with my yt videos. Thank you so much for your help!
@anablepatrick99
@anablepatrick99 2 жыл бұрын
This is a Nice video.... So inspiring but do anyone knows about expert Mrs Alice. Mrs Alice is legit and her method works like magic I keep on earning every single week with her new strategy
@philomenajack9172
@philomenajack9172 2 жыл бұрын
Wow I' m just shock someone mentioned expert Mrs Alice I thought I' m the only one trading with her
@philomenajack9172
@philomenajack9172 2 жыл бұрын
She helped me recover what I lost trying to trade my self
@locopumping2964
@locopumping2964 2 жыл бұрын
Yes I'm also a living testimony of expert Mrs Alice
@locopumping2964
@locopumping2964 2 жыл бұрын
Mrs Alice has changed my financial status for the best.all thanks to my aunty who introduced her to me
@woodbrown2370
@woodbrown2370 2 жыл бұрын
Thanks for the recommendation
@ryanhouston8465
@ryanhouston8465 2 жыл бұрын
10-4 thanks
@nightrunner1456
@nightrunner1456 2 ай бұрын
Wow!
@nightrunner1456
@nightrunner1456 2 ай бұрын
Wow!
@amgadibrahim6122
@amgadibrahim6122 4 жыл бұрын
Can you make a Video about trust issues?! Me and most of my friends just can't trust anyone to do something for us!
@pablokustoms7139
@pablokustoms7139 4 жыл бұрын
damn I love you Pat not even 5 seconds into the video
@dawoodkashif4482
@dawoodkashif4482 4 жыл бұрын
Patrick, can you do a 2020 video, similar to the one for 2019
@ridvan9156
@ridvan9156 4 жыл бұрын
If you want to be my business partner at a business worth €1.3Million in assets please contact me on my email : notice anyone can qualify this is not based on experience I'm just looking for a partner. Email:elevencapitals@gmail.com
@arlisarichmond4211
@arlisarichmond4211 2 жыл бұрын
I have started a business gotten the LLC in the State of Alabama,but have not got a bank nor EMI or office how do I resolve the business LLC
@alexcopeland661
@alexcopeland661 4 жыл бұрын
Our company does over $50k/month and we grew it in less than a year and my partner is a leaner. I can’t stand it.
@OlgaPogozheva
@OlgaPogozheva 4 жыл бұрын
Ahh, love your content these days! Again, very relatable. Recently started my 2nd venture, picked up one tech co-founder with whom I already got a business (IT service business), and another tech co-founder who I am yet to test on reliability. There are 2 guilt trips in our trio, both with kids, myself included :) But it's the vice versa: childless co-founder who shames us. He has a point, though, no offense, but sometimes it's an issue. It's always hard to find the right co-founder, but I already know that I prefer to work with tech guys. :) Thanks for the vid!
@OlgaPogozheva
@OlgaPogozheva 4 жыл бұрын
@victor welkoms I've already got co-founders for the current projects, but let's connect on LinkedIn and see if we're a fit on each other. Happy upcoming!
@AlecSorensen
@AlecSorensen Жыл бұрын
@@OlgaPogozheva Hey, how have those ventures gone? Give us an update! (Or connect on LinkedIn, I'd love to hear about it).
@arlisarichmond4211
@arlisarichmond4211 2 жыл бұрын
What if I have just gotten my LLC Alabama but haven’t got it a bank office or EMI or office Right now I want to reserve the license and a business name but form another business for myself without him
@pj8mack
@pj8mack Жыл бұрын
Has anyone got any experience with having a ‘leaner’ business partner?? I have just split from a partner who was leaning, I am now trying to buy him out & struggling to get him to see the difference in value input from both sides. Any feedback would be more than appreciated💎
@lyonvalkyrie476
@lyonvalkyrie476 3 жыл бұрын
I'm starting my own cosmetic line and I really wanted my one friend to be my business partner because she took a college course in cosmetics, but she has put no money towards the business and I put a total of $800 she keeps saying that she can't fund the business because she's too poor yet she can afford to buy takeout weekly and wants to spend her entire tax return on a stuffed animal... She's 25.. where I spend my entire tax return on funding the business. After watching this video I have messaged her that she will not be a business partner and the reasons why and I'm hoping it doesn't ruin our friendship. But At the end of the day I'm putting business before friendship
@jupitersfamily286
@jupitersfamily286 4 жыл бұрын
Im little youtuber ,and reely need this tips,, tanks pro
@algorithmism8559
@algorithmism8559 4 жыл бұрын
I’ve followed PBD for years, and tbh my life hasn’t changed. Lots of his content speaks to business owners/people who already have a business. What channel can show me how to start?
@aTribeCalledBreast
@aTribeCalledBreast 4 жыл бұрын
I feel u. I wrote a book that can answer that for you. I can send you a free copy if you're interested.
@algorithmism8559
@algorithmism8559 4 жыл бұрын
MadInk1 please do! Can you please forward it to me? If it helps me i will spread it to more people. Ppcharoki@gmail.com
@aTribeCalledBreast
@aTribeCalledBreast 4 жыл бұрын
Cool. Check your email. Maybe in ur spam folder if u dont see it
@algorithmism8559
@algorithmism8559 4 жыл бұрын
MadInk1 I checked it out but the discount code wouldn’t work. Why can’t you just send the pdf? If you want me to pay for it, I don’t mind either.
@aTribeCalledBreast
@aTribeCalledBreast 4 жыл бұрын
Got it?
@jamesmartinez9140
@jamesmartinez9140 2 жыл бұрын
How do you know the leaner doesn’t feel the other one is the boss and vice versa
@HAliShah
@HAliShah 4 жыл бұрын
Black board video!
@hozaifahr9059
@hozaifahr9059 4 жыл бұрын
Pat Can You PLEASE Go Back With The Old Outro? Thanks, fits more with the status when someone finishes your video and closing it inspiring. it just more appropriate!
@alejandravasquez691
@alejandravasquez691 4 жыл бұрын
omg! i though this was an old video... Patrick look younger lol
@lisaluangrath
@lisaluangrath 4 жыл бұрын
I can’t seem to find one
@omisolutions878
@omisolutions878 3 жыл бұрын
Hello Here s a scenario Company X Partner 1 will invest his full time in the company Partner 2 Owns another company but wants to come join company X as he doesn't see his company making good money. He will not invest his full time in the company. Partner 3 has a regular job and won't be a full time as well. So how do you suggest, partnership %, profit and operation expenses % to be shared would work. Idea of the company was of only Partner 1. Partner 2 and 3 says they will only join company full-time when there is enough profit and won't join until then. Also, when they see profit and join they would want additional share. What kind of breakup should be made for profit, expenses, and how to take it forward?
@tomjens2046
@tomjens2046 4 жыл бұрын
that car mechanic would be bandaid guy if he recomedned you that fix and charged 50 bucs. In this instance he charged you thousands, which makes him a scammer, not a bndaid guy.
@abdulazeeznurane6857
@abdulazeeznurane6857 4 жыл бұрын
😂😂😂
@SNRU_VEVO
@SNRU_VEVO 3 жыл бұрын
How we can trust a guy as a business partner ? I mean if i haven't met him most of my life and met him recently ?? Please give me an answer .
@XxNSRxX1
@XxNSRxX1 2 жыл бұрын
What happens when you address the issues multiple times but the same behavior continues ? I’ve been struggling with this problem of giving people a chance to grow & develop but at the same time I feel myself suffering due to that same reason because I feel as if I’m being held back while trying to grow the company
@AlecSorensen
@AlecSorensen Жыл бұрын
@@tt-tk9076 How has this turned out for you? It really depends on if you're getting what you need. When I coach people with dysfunctional partners or employees, I typically them identify what they need and set boundaries. Focus less on what the other person is doing and more on what you need and what your options are if those needs are not met. Sometimes you find that you're not happy with a person's performance, but it doesn't affect you that much. When I talk to a C-suite exec, for example, who can make money, likes what they do, but is around other execs that are absentee or dysfunctional. They know they'll leave sometime, but the company meets their needs at the moment. Other times, you find that someone is not consistently meeting your needs. Framing the conversation as, "I need X, but I'm not getting it." makes it easier to have difficult conversations without (necessarily) having an argument. As long as the X is specific (not I need you to work harder, but I need someone who can do a specific task with these kinds of results), it clarifies what needs to be done. I worked with an employee once who barely got any work done but honestly thought they were doing a good job. I went through the specific expectations of the role, and how I would support them. They actually ended up leaving themselves because they realized they couldn't meet those expectations. But they were able to recognize that the job wasn't a good fit because I made it about very specific outcomes on specific tasks, not just "you're not working hard enough."
@novejfc6291
@novejfc6291 2 жыл бұрын
I need a business partner to support my company
@jermaine2712
@jermaine2712 4 жыл бұрын
7, man this rule is so underrated, keep your family and business completely separated :D
@thema5490
@thema5490 2 жыл бұрын
boss/bottom line/strategic
@shakaama
@shakaama 2 жыл бұрын
if I take $1.00 from 500,000 people, and I tell them everything I'm doing, in the quarterly meetings of the business, are they investors? are they partners?
@erweez7669
@erweez7669 2 жыл бұрын
My bp told me Easter 🐣 bunnies snitching 😂 I’m eating carrots 🥕 now tho think I’m Bugs n lola bunny 🐰
@itsozim33
@itsozim33 4 жыл бұрын
I have been in business for 15 years managed to avoid business partners
@sitifaizah9908
@sitifaizah9908 3 жыл бұрын
Call me whatever, but i'm crying now dealing with a business partner and i'm not sure what i have to do :(
@pulltheskymusicgroup4475
@pulltheskymusicgroup4475 3 жыл бұрын
🇹🇿📌
@AbdullahAyyash
@AbdullahAyyash 4 жыл бұрын
"Can we talk? Yalla start!" 8:56 Was the Arabic word spontaneous or meant to be used? :) Great video by the way.
@lassi3401
@lassi3401 4 жыл бұрын
He actually said ”Can we talk, yeah lets talk” but ok
@patrickr2686
@patrickr2686 4 жыл бұрын
Bizz owner/partner is 87 years old ... with attitude of I am 51% .... he's taking the 51% to the grave ... dementia... does things he doesn't know he's doing ... his family doesn't care because if they take him out of his routine he'd be lost
@bigblueeyz1065
@bigblueeyz1065 2 жыл бұрын
Introduce me to the bank
@kayant7950
@kayant7950 4 жыл бұрын
Im currently lookin for a business partner to open a club. hmu if you like minded
@westcoasthustle6133
@westcoasthustle6133 4 жыл бұрын
I currently have the opportunity to partner up with a leaner/the bank (my brother). I think I'd rather take the Drake approach. "Started from the bottom, now I'm here". 👉 💵💵💰💰
@erweez7669
@erweez7669 2 жыл бұрын
🇵🇷🤙🏽🤙🏽🤙🏽🥕😂🐰🐰
@lisaariottiart
@lisaariottiart Жыл бұрын
Dear God please send me a husband who acts like a business partner🙏🏻
@gunnarhaldorsen4185
@gunnarhaldorsen4185 9 ай бұрын
Stressful to listen to...
@MannyRiberaOriginal
@MannyRiberaOriginal 4 жыл бұрын
Dafuq that spiky hair?
@NilsMueller
@NilsMueller 2 жыл бұрын
Is this satire?
@entrodidact9135
@entrodidact9135 3 жыл бұрын
I'm ending my business partnership this month. I should have watched this video before deciding to partner with a "LEANER" Thank you for the insight PAT, you're a GEM!
@wanitabrown9267
@wanitabrown9267 Жыл бұрын
How'd that end up?
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