Partnerships -- Yes or No?
I've extolled the virtues of partnerships in the past, but just the other day after eight months of running 3L Publishing solo, I started thinking about how much I love being solo. So, I thought I should preach to the value of keeping lone wolf (or wolf-ess) status and why partnering can be a liability. So, this lesson will be the opposite -- and hey, keep it fair and balanced too. I'll be like Fox News ... or better yet ... Lone Wolf News (yuck, yuck and bada-bing). First, for the record, I launched my company in 2006 with the intention to do it on my own. In fact, I never wanted a partner for my company, as I felt from past experience it could be a liability -- and no way I ever wanted to threaten my hard-won status as a successful business owner. I certainly never needed a partner either. I was doing extremely well the whole time. So when the proposition came up to add a partner, the only reason I did it was to have fun (not a good reason). Partners don't have to be l...