Friday, December 26, 2008

To suceed, which is more important? Hardwork or your business partner?

Just imagine working hard all your life to pursue your dream but in the end your business partner failed...dragging you down too.

A reliable business partner is like a table with 4 solid legs. It provides a strong platform and foundation for you to 'dance' without worries.

How then can you choose your business partners?

It must have the 4-supporting legs as follows:
Stable Platform

4-Supporting Legs
  • International presence - able to ride out regional fluctuation

  • Reliable track record and history - resilence and survived through economic downturns

  • Systemic approach - easy to duplicate and succeed

  • Strong R&D - ensure product are competitive and in great demand

Stability ensures the business is long term so it can be inherited. How would you like to leave a legacy in your name for the benefits of charity or your love ones?
Remember to choose the right business partner.

By Jimmy Lim All Rights reserved.

No comments: