Choosing good, healthy and income producing partners.

I have been to the Rich Dad Poor Dad classes administered by Wealth Academy, now Tigrent Learning, and you know each time they stated this cliché: You are in business for yourself not by yourself.

Supposedly in this business you don’t have competitors but colleagues. When I first decided to do this seriously I found the new knowledge overwhelming. There is a whole new jargon and terminology to learn. There are all new set of laws and regulations and my thinking had to jump at a totally different level.

Finding like minded folks has been a blessing. I found that my Rich Dad classmates and colleagues have been very supportive and encouraging. They open their home for an evening of CASH FLOW. They let me send them emails and we openly share stories good, bad or ugly.

I have been wanted to work with someone that is on the same level mentally. I have a few colleagues we mutually adopted each other and things are moving forward slowly but surely. I don’t let my partnership substitute for my own personal work and I constantly have to give myself an uplifting dose of stick-to-itiveness.

There are a few things that I have learned in my past life with partners that I want to learn from before making any partnerships permanent.

• Don’t make excuses for them.
• If things don’t work out move forward quickly but keep a good rapport.
• Have your agreement in writing. It keeps everybody honest
• Have a define work schedule and split of responsibilities
• Make define schedule and stick to it like it’s your JOB
• Make milestones for yourself and celebrate the accomplishment but if you don’t reach them we should have constructive criticism to make the project work.
• Have Goals and constantly review them

There’s more but I found that those listed above have been paramount. If you already have a partner make sure that you have similar goals and that there is a high level of respect and open communication at all times.