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In Parts 1 and 2 of 'Transform Your Idea Into A Profitable Business' you learned how to create a viable business model, product prototype and how to market and build your brand.
But what about scaling up your business? That's hard to do if you're just one business owner. But, at the same time, you don't want your business to fail because you have chosen the wrong business partner.
How can you make the right decisions for your business?
Part 3 of this course is all about business partnerships.
This course will show you all that you have to do to prevent problems with your partnership and use it to boost your business:
The course takes 2 hours to complete and includes templates and case study interviews by entrepreneurs who share their experiences.
This course gives you essential knowledge to avoid wasting time, money and stress in building up your business. If you have had a bad business partnership experience before, you can learn how to get it right this time.
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|Section 1: Course Introduction|
The course introduction gives you an overview of all the lectures and resources so that you are confident the content will address your needs and give you a clear road-map to selecting and building successful business partnerships.
|Section 2: Course Content|
So you think you can grow a successful business all on your own? Well, maybe up to a point. This lecture discusses the common pitfalls and fears that entrepreneurs need to overcome and how if they are serious about scaling up their business.
As with life partners, don't marry the first one you meet! This lecture will show you how to decide who is the best-fit partner for YOU AND YOUR BUSINESS. It will also show you how to minimize the risks to protect yourself.
There are a number of different partnership types you can choose. In each case, you will learn what you need to agree between you so that your partnership deal is crystal-clear about responsibilities, shares and personal expectations. Don't let your partnership suffer because of grey areas or undeclared needs and concerns.
All business relationships hit sticky patches from time to time. You'll learn how to spot the symptoms of problems in your partnership and take control before they turn into disaster.
Is it time to have that difficult conversation with your business partner? Many entrepreneurs fear this kind of confrontation. Don't rush in and make things worse. This lecture will show you how to plan for and handle that conversation with confidence and professionalism and turn it into the outcome you want. It's doesn't have to end in divorce!
In this lecture you'll learn the key steps to take your partnership to the next level of business growth and how to manage the increasing number of stakeholders in your business to optimize performance.
You'll learn which key elements are essential to different types of partnership legal agreements to protect yourself and your business brand.
You'll be able to construct your action plan for building partnerships based on a review of the key learning points and action steps of the whole course.
|Section 3: Course Resources|
|Lecture 10||1 page|
Learn from the mistakes that successful entrepreneurs made in the early days when working with business partners.
Lecture 2 Supplement: Analyze Your Strengths and Limitations
Business Partnership Health-Check
Lecture 8 Supplement: Sample Associate Agreement
Business psychologist, mentor, serial entrepreneur and author, Christine has helped business owners for over 20 years to change their thinking to transform their business and their quality of life.
She is the co-Founder and co-Partner in DEW (Developing Entrepreneurial Winners) Ltd, which helps entrepreneurs throughout the world to grow a 'bigger mind' and thicker skin to achieve business success. DEW works with start-ups and also existing small businesses looking to scale up their operations.
In addition to helping entrepreneurs through the Udemy platform, Christine also runs workshops and coaching sessions in partnership with leading business schools in the UK.