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๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ๐˜€: ๐—ข๐—ป๐—ฒ + ๐—ข๐—ป๐—ฒ = ๐Ÿญ๐Ÿฌ๐Ÿฌ๐Ÿฌ

A solid Partnership Program presents a remarkable way to scale your business exponentially but require investment and carry risk.


With the right alignment around strategy, objectives, and motivation, your partners will help you grow exponentially.


โ€œ๐€ ๐ ๐จ๐จ๐ ๐œ๐จ๐ฅ๐ฅ๐š๐›๐จ๐ซ๐š๐ญ๐ข๐จ๐ง ๐ฉ๐ฎ๐ฌ๐ก๐ž๐ฌ ๐ญ๐ก๐ž ๐›๐จ๐ฎ๐ง๐๐š๐ซ๐ข๐ž๐ฌ ๐จ๐Ÿ ๐›๐จ๐ญ๐ก ๐ฉ๐š๐ซ๐ญ๐ง๐ž๐ซ๐ฌ.โ€ - Neil Blumenthal


However, partnerships can go very wrong. Many startups drop too much limited time and resources only to create a huge distraction.


If you decide to move forward, here's how:


๐—™๐—ผ๐—ฟ๐—บ๐—ฎ๐—น๐—ถ๐˜‡๐—ฒ ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜† for the program. Define specific objectives to measure later.


๐—˜๐˜ƒ๐—ฎ๐—น๐˜‚๐—ฎ๐˜๐—ฒ ๐—ฝ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ๐˜€ based on their resources, capacity, technology, and compatible values.


๐—ฆ๐—ต๐—ฎ๐—ฝ๐—ฒ ๐—ฎ๐—น๐—ถ๐—ด๐—ป๐—บ๐—ฒ๐—ป๐˜ around mutual success. Ensure value from the partnerโ€™s perspective.


๐—˜๐˜€๐˜๐—ฎ๐—ฏ๐—น๐—ถ๐˜€๐—ต ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐—บ๐—ฒ๐˜๐—ฒ๐—ฟ๐˜€ such as the process, costs, and legal.


๐——๐—ฒ๐—ณ๐—ถ๐—ป๐—ฒ ๐—ฟ๐—ฒ๐˜€๐—ฝ๐—ผ๐—ป๐˜€๐—ถ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐—ถ๐—ฒ๐˜€ for both sides. Communicate regularly to share useful information and to address challenges.


๐—•๐˜‚๐—ถ๐—น๐—ฑ ๐—บ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€. Learn and adapt regularly.


Alignment around strategy and rewards can lead to huge success.


Photo by Mikael Blomkvist who can be found here: https://bit.ly/3vrVJbY

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