The Best Partner Ever
by James Cramer, 2002 »
The professional partnership can be rewarding but it’s also a tough proposition. Surviving and prospering in a partnership is a subject that we get into discussions about often. I recently moderated a workshop where we looked more closely at the question: “What motivates partnership?” The reasons given varied, but pretty much fell into seven areas:
- To expand skill base of the firm
- To make more money
- To increase the size of the practice
- To have more fun and lower the risk of failure
- To fill in for each other and get more time off
- To find the power of synergy (1+1=5)
- Because it just feels right
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