Episode 62

Partnering Up: Roles and Communication

March 8, 2016

Today we’re talking though some of that hard conversations that go into partnering up. This is something that we’ve had to do a lot behind the scenes here at Being Boss, so we thought we’d get really open and vulnerable about how to partner up in your business and lay out all the legal aspects, defining roles, and answering the “what-ifs.”

Episode Transcript
"In business you want to partner with someone you don't mind being in the trenches with."
- Kathleen Shannon

Discussed in this Episode

  • How our partnership formed
  • Comparing working style and working ethic
  • Legal aspects of partnering up
  • Splitting profits
  • Getting lawyers
  • Defining roles within the partnership
  • Noncompete clauses
  • Taking on sponsors
  • Intellectual property
  • What happens if one of the partners wants out
  • Having hard conversations
  • Delegating the work
  • Being able to ping-pong and try your hand at what your partner does best

Resources Mentioned

Hosts + Guests

Emily Thompson
Emily Thompson

Host

Almanac Supply Co

Kathleen Shannon
Kathleen Shannon

Co-Host

Braid Creative