Collaboration vs. Partnership
I get asked all of the time, what works best? A collaboration or partnership? I am currently collaborating on a creative project and will not form another partnership. I've had several partners, and I can definitely say that it doesn't work very well. For one thing when you form a partnership, you create a marriage of sorts that includes mixing finances and needing to agree on how to manage not only money but time and resources. In a collaboration, you keep out of each other's business and focus exclusively on the project at hand. If you're considering one or the other, here are some important points: Ethics -- this one came home to roost. What is your prospective partner's ethical and moral outlook? Why does this matter? Well, if one person isn't particularly ethical in their treatment, for example, of clients, this behavior will affect your brand name. While one partner may act in one way, the other's behavior can definitely influence prospective client...