From one-time projects to building a business with one or more partners, this episode is all about collaborations and partnerships! Our host, Lauren Ruiz, dives into must-have conversations and what to get in writing! “Magic” can be created when people combine the power of each of their zones of genius for a common goal. Knowing what to discuss when going into a collaboration or partnerships and what to have in writing protects all parties and sets them up for the magic to flow! 

01:05 - Setting clear expectations in collaborations and partnerships.

02:40 - What is the difference between a collaboration and a partnership?

04:25 - What expectations should you set to strengthen the relationship as a collaborator?

05:05 - Chat about expenses!

07:00 - Tips on setting a timeline.

07:50 - What if one party fails to fulfill their side of the agreement?

08:30 - What is different about a partnership vs a collaboration?

09:20 - Do you own the business in equal shares? 

11:30 - What to keep in mind when setting business goals in a partnership.

12:40 - Who will take on which roles in the day-to-day of the business operations?

13:30 - How did you find investments to get your business going or keep you going? (aka Capitol Contributions)

14:45 - How to plan ahead for investments your business may need down the road.

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Work with Lauren Ruiz:

https://www.guidemybusiness.co/book-a-consultation 

Connect with Lauren on Instagram: @thelaurenruiz

https://www.instagram.com/thelaurenruiz/ 

Join the “Guide My Community” Facebook Group:

https://www.facebook.com/groups/guidemycommunity

In honor of World Mental Health Day use the discount code below to save 30% on coaching agreements, online course agreements, and mastermind agreements from Oct 10th, 2020 - Oct 12th, 2020 

World Mental Health Day Discount Code:

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