Register or log in to explore all our content and services for free on Admin Junkies.
Actually I have been a partner for a business but not co-boss when you come to me being a partner for a temporary transaction and a contractor business which we handle and did with a co partnerThis experience will serve you in the future, as it leaves teaching and learning. Many times we do not think about the negative aspects of entrepreneurship, and we must not fail to evaluate and take the necessary measures. The next time you take such a decision you should try to leave everything in writing and endorsed by lawyers.
It is not easy to deal with people as described by @Ezequiel, I think that among all the things that a business has, dealing with staff and customers can be quite complex. It takes a lot of wisdom and patience.I could still remember when I was running my sister's business,it wasn't a simple task but it was a lifetime experience it opened my eyes to so many things about business and how to deal with humans attitude
I am responsible where I work as an employee, however it is a high responsibility. When having a company or business I agree with you, it is better to work without a partnership as this minimizes any inconvenience with the partners.No I have never been a co boss for any business in the past before. And I don't intend to becoming one anytime soon either. Because I am not really one for partnership business
You are a cautious man, and if you decide to make such a decision you should have already evaluated the pros and cons. You are sure to do well in whatever decision you make in society, should it come to fruition.I never been into partnership business before, but that's what I'm considering at the moment with someone closer to me due to the vision we share together.
Yes, my friend brought an idea, and I evaluated it, it's simply superb. If everything goes as planned in the business I'll simply come here to share testimony, and a gift for you, lol.You are a cautious man, and if you decide to make such a decision you should have already evaluated the pros and cons. You are sure to do well in whatever decision you make in society, should it come to fruition.
That gift has surprised me @Sincerem hahaha, but the truth, what I want most is that everything goes well and if so what comes as a result is success. I know how hard you have worked and strived giving the best of you to achieve and realize your dreams.Yes, my friend brought an idea, and I evaluated it, it's simply superb. If everything goes as planned in the business I'll simply come here to share testimony, and a gift for you, lol.
At least you must have made some money doing this business with this person and you guys have gathered a lot of experience on this business that you can easily start up the business at a different location which will definitely become successful as both of you are very experience in the business.So, this is a relatively short story about my time being a co-boss/co-business owner back in the early 2000s, around 2003 or so. A friend of mine always wanted to start a movie rental store, so, we went in on one by renting out a shop near us. We cleaned it up, fixed it up, and started a shop. It costed us a lot of money, but we got inventory from a couple closed video stores. Yes, ironic, I know.
Anyway, we opened up, and had some interest early on, as we were in a highly populated area that didn't have a close video rental store yet. But, gradually we realized movies would start to be released digitally and we knew the time was numbered. Plus, it didn't help there was a family video that came a few years after us and kind of pushed us out of there.
But yeah, we rushed into a niche business that was dying slow at the time, but we didn't think it would be so far. But yeah, our time working together was great, but closing down was a pain. He didn't want to close for the longest time. We closed in 2012 actually. So we lasted very long. At that time I believe streaming was taking over. Everyone started to just go to family video, as they happened to be a lot closer to more of the community and they would always price match our prices or even go lower sometimes. We would do the same, but it didn't matter.
My friend was a bit mad about us closing shop, but it had to be done, and he knew it. We ended with a going out of sale deal, where we were selling blu-rays,DVDs,games, and even posters. We'd sell everything dirt cheap. I grabbed every movie/game/poster I wanted for my collection. I think Family Video is still around too. It survived Redbox.
What makes me interact with you, it's simply due to your kind gestures and act of saying positive things. We've come for enough, and the time is approaching for bigger things online.That gift has surprised me @Sincerem hahaha, but the truth, what I want most is that everything goes well and if so what comes as a result is success. I know how hard you have worked and strived giving the best of you to achieve and realize your dreams.
Log in or register to unlock full forum benefits!
As a webmaster community we provide fresh content on a daily basis. We aim to be the best admin and webmaster community around. Discuss various aspects, promote your project, and learn to be better by fellow webmasters. Browse through our Articles for helpful tips and tricks.
By registering with us, you'll be able to discuss, share and private message with other members of our community.