Why Your Business Is Not Where It Should Be
Summary
- When your business isn't thriving, look closely at your partnership; the issue often lies there.
- Finding the right business partner is a significant challenge, and it's something we frequently observe at Acquisition.com.
- Success may come eventually with a new partner, but it's not guaranteed to be at the same level or pace as before.
Video
How To Take Action
I would suggest taking a good look at your business partnership if things aren't going well. Sometimes, the problem is right there. You might need to have an honest talk with your partner or even find a new one.
A good way of doing this is to list what you need from a partner. Think about the skills you don't have and the kind of support you need. Then, match these with someone who can bring those to your business.
If you're an entrepreneur without a partner, focus on your strengths. Use them to grow your business. If there's something you're not great at, think about learning it a little bit or find someone who can help without costing much. Maybe trade services or ask for advice.
For personal growth, start small but think big. Spend some time every day learning something new. This can be from a book, a video, or talking to someone who knows more than you. Just 15 minutes a day can add up to a lot of new knowledge over time.
Remember, finding a new business partner or growing as a person takes patience and hard work. It might not happen quick, and the success might be different, but keep trying. The right fit or the knowledge you gain will help you in the long run.
Quotes by Leila Hormozi
"often times the business is not where it could be because the partnership is not right"
– Leila Hormozi
"that's one of the hardest things"
– Leila Hormozi
"we see it in acquisition"
– Leila Hormozi
"finding the right business partner is difficult"
– Leila Hormozi
"you will find eventually a partner"
– Leila Hormozi
Full Transcript
often times the business is not where it could be because the partnership is not right and that is just more often than not that's one of the hardest things I mean we see it in acquisition. comom when people apply all the time like finding the right business partner is difficult and so to say that you'll have the same amount of success I think at some point yes and you will find eventually a partner but like