October 17, 2018

S2E1 // Failed Partnership

We’re back for season two of Making a Business! So to dive in, we’re sharing what’s been going on with Emily’s product-based business, Almanac Supply Co., since season one—including dissolving a business partnership, redefining roles and responsibilities, and making a couple vision shifts to the business.

“Whenever you partner with someone communication is key—for real.” -Emily Thompson

“Entrepreneurship is only the solution for the kinds of people who are really prepared for the hardships—but also the rewards—that come from working in this way.” -Emily Thompson

“Everything new takes time.” -Emily Thompson

"Entrepreneurship is only the solution for the kinds of people who are really prepared for the hardships—but also the rewards—that come from working in this way."
- Emily Thompson

TOPICS DISCUSSED IN THIS EPISODE:

  • One of the biggest upsets of a business: losing a partnership
  • The importance of strong communication paired with independence in a business partnership
  • Lessons learned in choosing a business partner
  • Dealing with the upset of losing a business partnership
  • Redefining roles, systems, and processes after a business upset
  • Shifting vision of Almanac Supply Co.

RESOURCES DISCUSSED IN THIS EPISODE

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Failed Partnership - Making a Business
Failed Partnership - Making a Business

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