How to choose the right partner for your StartUp?
There are many successful partnerships in business. When two or more people get together to do what they are committed to achieve, often the magic happens. Many corporate successes have witnessed legendary partnerships. Microsoft began as a partnership between Bill Gates and Paul Allen. Hewlett Packard started as a partnership between William Hewlett and David Packard. Apple was founded in the partnership between Steve Jobs and Steve Wozniak.
On the other hand there are many partnerships that have failed due to misunderstandings, dishonesty, lack of shared vision and commitment. A partnership is a long-term covenant between two or more people.
When choosing a partner, be coldly objective. Try to evaluate potential partners without regard to emotional ties or just ‘friendship factor’...