HOW STRATEGIC PARTNERSHIPS CONTRIBUTE TO SPIRITUAL AND BUSINESS GROWTH
Howdy, partner. This week, Hallie and I break down all things partnerships and how they can serve as our next level of growth in both business and spirituality. We first define the difference between an entrepreneur and an intrapreneur, and how to get clear on which one you may be. Hallie and I talk about areas in our life where we prefer partnerships, and why some people may desire to go it alone. Then, we strategize on how to build a partnership that has authenticity and trust and is a win/win for both parties and why it’s important to be honest and upfront if you prefer the solo route.
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Timestamps
[4:00] Artists, athletes, and entrepreneurs are examples of partnerships where you really do have to think as a team instead of just an individual. We talk about examples like Alex Rodriguez and Michael Jordan, who were in a team sport but really played as an individual, and wanted more of the stats and price tags that came along with it.
[4:29] How can you use the idea of partnership as a way to grow in business?
[8:12] Just because someone doesn’t want to be in a partnership, it doesn’t mean they are antisocial or they don’t like people. They may not want to be responsible for people’s actions or emotions, or they want to be solo in that specific scenario but may prefer partnerships in other parts of their life.
[9:15] Hallie defines an intraprenuer, according to Investopedia.com. Intrapreneurs are self-motivated, proactive, action-oriented people who take the initiative to pursue an innovative product or service. An intrapreneur knows failure does not have a personal cost, as it does for an entrepreneur, since the organization absorbs losses that arise from failure.
[10:13] A lot of Force Multipliers are intrapreneurs because they want to act entrepreneurially, but at the end of the day, don’t actually want to take on all of the risks.
[10:55] Franchise opportunities are a great way for people to act as an entrepreneur but in a framework and model that is proven to work.
[14:10] Leaders have to make sure they even want a partnership. If they don’t, they’ll find everything wrong with their situation. Most challenges come when one person wants a partnership, and the other doesn’t.
[19:21] A good partnership is when you are really in alignment, when you can share, and when you can communicate really effectively with each other about things that are going on.
[19:28] If you don’t want to be in partnership, you just be very clear that you aren’t looking for one.
[20:30] How do you want to spend your day?
[27:37] Bringing that into your next level of growth is really determining if you want a partner, and how you want that partnership to look like.
