A few years ago I was talking to a few bloggers about running blogs yourself, about having business partners and about dealing with creating enough content and time in the day to run your blog.
Something was said that stuck with me. Working in a partnership is not giving half of your money away, it’s leveraging a set of variables to be more successful.
The Power of Collaboration
That has stayed with me ever since. Instead of struggling on your own, find someone with a set of complimentary skills so you can both be more successful working together.
Now, a partnership is not something you should jump into just because you know of another blogger who lives around the corner. I’m wary of convenience partnerships, as well as partnerships amongst friends (because business and friendships may not mix).
For me to ever consider a partnership, the person would have to meet my dream team requirements – all of them. We would have to have similar ethics about what we should and shouldn’t do in the business. We should have clarity on finances and risks associated with the project.
Have you ever collaborated with someone? How did you know they were the right person? Did you formalise it in writing?