Successful Business Partnerships Quotes

Once you achieve intimacy and connection, I predict that innovation, partnership, execution and success won't be far behind.

In business partnerships, it's important to do your due diligence and eliminate as much risk from the deal as possible.

I love to think of the success of Berande,” he said; “but that is secondary.  It is subordinate to the dearest wish, which is that some day you will share Berande with me in a completer way than that of mere business partnership.  It is for you, some day, when you are ready, to be my wife.

The choice of a partner is the single most important decision most people will ever make about their businesses. The essential elements of a successful partnership are: a good fit between the partners’ personalities, similar values, the ability to be a team player, compatible goals and clear expectations, and mutual trust and respect.

Stan Druckenmiller, reflecting on his unbelievable success as an investor, said that the only way to make superior returns is to concentrate heavily. He thinks “diversification and all the stuff they’re teaching at business school today is probably the most misguided concept everywhere. And if you look at great investors that are as different as Warren Buffett, Carl Icahn, Ken Langone, they tend to be very, very concentrated bets. They see something, they bet it, and they bet the ranch on it… . [T]he mistake I’d say 98 percent of the money managers and individuals make is they feel like they got to be playing in a bunch of stuff.”4

It all began in 1919 when ex-Marxist Benito Mussolini wrote the Fascist Party platform, calling for central planning through a “partnership” of government, business, and labor. By 1925 he was in total power. Not all of Mussolini’s admirers were in Italy. The cover story of the New York Times Magazine for October 24, 1926, gushed: The most approachable as well as the most interesting statesman in Europe. He is a voracious learner who never makes the same mistake twice. . . . The whole country is keyed up by his energy. . . . The whole economic structure of the nation has been charted out in a graph that shows it as a huge corporation with the Government as the directorate. He explains it clearly and patiently, reminding you that he started his career as a teacher. An earlier New York Times editorial (October 31, 1922) had explained: In Italy as everywhere the great complaint against democracy today is its inefficiency. . . . Neither the failures nor the successes of (Russia’s) Bolshevist Government offer much of an example to the Western world. Dr. Mussolini’s experiment will perhaps tell us something more about the possibilities of oligarchic administration.

Whatand why were never questions for me. How was the only question. When I look back now, I realize that I never thought about what I wanted to become in life. I only thought about how I wanted to live my life. And I knew that the “how” could only be determined within me and by me. There was a big boom in poultry farming at the time. I wanted to make some money to finance my desire for unrestrained, purposeless travel. So I got into it. My father said, “What am I going to tell people? That my son is rearing chickens?” But I built my poultry farm and I built it single-handedly, from scratch. The business took off. The profits started rolling in. I devoted four hours every morning to the business. The rest of the day was spent reading and writing poetry, swimming in the well, meditating, daydreaming on a huge banyan tree. Success made me adventurous. My father was always lamenting that everyone else’s sons had become engineers, industrialists, joined the civil service, or gone to America. And everywhere everyone I met—my friends, relatives, my old school and college teachers—said, “Oh, we thought you’d make something of your life, but you are just wasting it.” I took on the challenge. In partnership with a civil engineer friend, I entered the construction business. In five years, we became a major construction company, among the leading private

Because Rockefeller had such respect for ledgers, Clark, nearly ten years older, looked down on him as a mere clerk, a rigid, blinkered man without vision. “He did not think I could do anything but keep accounts and look after the finances,” said Rockefeller.29 “You see, it took him a long time to feel that I was no longer a boy.”30 He thought Clark envious of his success in soliciting business on the road, perhaps because this undercut Clark’s image of him as an expendable clerk. At first, Rockefeller swallowed his anger and stoically endured this injustice. “He tried almost from the beginning of our partnership to dominate and override me,” he said of Clark.

And an Executive Business Review? An executive business review (EBR) should present information at a much higher level, with a focus on executive leadership. It is one of the most influential meetings you will have with your customer all year, yet it’s the one most organizations tend to forget. QBRs happen frequently, across the industry, but EBRs? Not so much. Less tactical and less operational than a QBR, an EBR is typically reserved for your customer’s executive leadership team because it’s a high-level review of the value your product is providing the customer. When you draft an EBR, you should be thinking along the lines of, Who is my stakeholder’s boss? How do I co-present to my stakeholder and their boss the value my product has offered and will continue to offer them? An EBR is a way to move up the value chain, promote your stakeholder’s brand inside their own company, and share wins with the executive leader. It’s a strategic meeting that should focus on reinforcing the value in your customer ROI. It should also validate the goals of the organization, because like you did with your QBRs, you’re building a partnership through open dialogue. The only difference is now you’re doing it at an executive level. EBRs should be scheduled twice a year. I typically recommend scheduling one at least three months before the customer’s renewal because if the meeting goes well, it may help move the renewal along faster. I have seen executives stop pushing on price when they’re negotiating terms, and I’ve even seen some CSMs contact a stakeholder’s executive directly to ask for their help. “We’re having trouble with this renewal. Can you step in and assist?” More often than not, the executive will call whoever they need to call and say, “Just get it done.” Plus, when you reach out and ask for help, you’re engaging executive-level advocates, which is always a good thing.

Being flexible and, more important, empathetic, in business partnerships is essential.

In eighth grade, despite Lansky’s fantastic aptitude, he dropped out of school and joined Luciano’s gang. By then, Luciano had already made friends with Frank Costello (known then by his real name, Francesco Castiglia), and Lansky brought into the gang his fellow Jewish friend Benjamin “Bugsy” Siegel. A year later World War I started,2 and though Lansky was just fifteen years old, the four boys were having success as stickup men and thieves and making more money than they could deal with. Luciano was the brains and the leader, Costello made important connections, Siegel was the brawn, and Lansky was the accountant. It was a fruitful partnership, and the four of them were sitting on a pile of cash just waiting to invest in something. Then, after World War I, the US government solved that problem for them when they passed the eighteenth Amendment, which started Prohibition. 3 Soon after, Lansky split off and started his own gang with Siegel called the “Bugs and Meyer Mob.” Lansky was ambitious, and while the Bugs and Meyer Mob worked with Luciano and Costello frequently, the gangs of New York were still largely divided along racial lines. Lansky recruited other Jews from the neighborhood, and together they provided trucks and protection for the movement of alcohol. They also shook down Jewish moneylenders and made them pay tribute. But of all the rackets that Lansky ran, the most notorious was his murder-for-hire business that the press called “Murder Inc.

Partnership is the best strategy for mass attracting new customers and increasing profit!

At the meeting with a potential partner, it is necessary to put him at ease so that he does not perceive your information as a threat to his business, but is ready to accept your offer. This can be done by saying a couple of positive words about him. Sincerely praise him.

Partnership relations need to be nurtured. If you make one or two calls, agree with one or two partners, and then settle down - it won't work. Continue to build relationships.

Some investors take their interactions with founders personally. They may say unkind words about you, either directly or behind closed doors. Avoid these high-ego investors at all costs; they’re not worth the pain. You wouldn’t believe the number of investors who harbor feelings of jealousy, resentment, or clinginess to founders’ successes… even though their job is all about supporting founders! Instead, bring on investors who are authentic and genuinely want to help you succeed. That doesn't mean blind agreement: great investors will speak up when they disagree, give their advice in an authentic way, and ultimately respect the final decision the founder makes. This takes the element of fear out of the partnership and ultimately leads to better outcomes for the business. To all investors who act as genuine partners to their founders, thank you. You are playing such an important role in the ecosystem.

Building relationships across cultures is much more than just a business necessity; it is an art form that demands sensitivity, patience, and an open mind. A true global leader sees beyond mere transactions to the building of long-term partnerships that respect and honor the diversity of practices and values.

The Importance of an Accountant for Doctors Managing the financial side of a medical practice can be challenging for doctors who already have demanding schedules. This is why having a specialized accountant is essential for doctors. A qualified accountant can help doctors efficiently manage their financial records, optimize tax strategies, and ensure the overall financial health of the practice, allowing physicians to concentrate on patient care. Unique Financial Challenges for Doctors Doctors face unique financial challenges that are specific to the healthcare industry. These include managing income from multiple sources, handling billing systems for patient care, dealing with insurance reimbursements, and navigating complex healthcare regulations. Additionally, doctors often need to invest in high-cost medical equipment and balance personal and business financial planning. Without professional guidance, these financial aspects can become overwhelming. Accountants with expertise in the medical field understand these complexities and can offer valuable support. The Role of an Accountant in a Medical Practice A specialized accountant for doctors provides services that go beyond traditional bookkeeping. They help with financial planning, ensuring that the practice’s income and expenses are balanced effectively. Additionally, they manage payroll, tax filing, and compliance with healthcare regulations. Furthermore, an accountant can provide strategic advice on reducing costs and optimizing cash flow, making the practice more efficient and profitable. Doctors also benefit from tax planning services, ensuring that deductions specific to healthcare professionals are maximized while keeping the practice compliant with tax laws. Benefits of Hiring a Specialized Accountant By hiring an accountant who specializes in working with doctors, medical professionals can streamline their financial operations and reduce the risk of costly errors. This partnership allows doctors to focus on patient care, knowing that the financial side of their practice is being handled efficiently. Moreover, an accountant can provide financial insights that help doctors plan for the future, such as retirement planning or business expansion. Conclusion In conclusion, a specialized accountant is invaluable for doctors who want to ensure the financial success of their practice. With expertise in the unique financial challenges doctors face, accountants provide essential services that allow medical professionals to focus on their patients while maintaining a healthy financial standing.

True partnerships transcend borders; with the right language, we build global success together." "Partnerships are forged in the space between words. It's how we listen and learn that brings us closer.

For the most part, food plays a very functional role in American culture. We eat to work. If Aini was visiting in my home, I'd tell her, “Don't eat anything you don't like. We don't care.” And we really wouldn't for the most part. But in many parts of the world, food is deeply rooted in the life of people. Sometimes I've had Indian hosts prepare meals for me that used spices grown on their homestead for hundreds of years. The best Indian meals take days to prepare. So to pass on eating dishes prepared for you in that context could be far more insulting than passing on a dish you just don't care for. It can be seen as an all-out rejection. And as for eating with utensils versus eating with our hands, one of my Indian friends puts it this way: “Eating with utensils is like making love through an interpreter!” That says it all when it comes to the affection most Indians have for their cuisine. To reject the food of an Indian colleague can be extremely disrespectful and can erode any possibility of a business partnership. Who would have thought food could play such a strong role in successful global performance? Edwin,

Organizational success comes when IT and business act from “IT vs. business” to a true partnership with high scalability, speed, and significance.

The business motivation behind creating a partnership is to dramatically accelerate revenue at a fraction of the cost.

Organizational success comes when IT and business act from “IT vs. business” to IT is business” - a true partnership.

if not anyone else—that what we’d created at Pixar could work outside of Pixar. Both the run-up to the acquisition and its execution provided the ultimate case study, and as such, it was enormously exciting to be a part of. First, I’ll talk about how the merger came to pass in the first place, because I believe we did several things in the very early stages that put our partnership on a strong footing. “GET TO KNOW Bob Iger,” Steve had said. So a few weeks later, I did.

What better way to earn a living than by doing something you love? That's the position you could be in by following the steps and tips offered by our expert authors in this eBook! The four books sampled in this ebook (Turn Your Talent into a Business, Cook Wrap Sell, Design Create Sell and Design Grow Sell) have all been produced in partnership with Country Living Magazine after witnessing the success of the Kitchen Table Talent Awards, the most popular competition run by the magazine, as well as sell-out audiences at the Country Living Spring Fair for talks on how to turn a hobby into a business. The team at Country Living know their readers have bags of talent; what was becoming increasingly clear is how many of them are considering turning that talent into turnover!

I believe that partnerships are the fastest growth strategy that any business can follow. In my book Progressive Partnerships – The Future of business I show you exactly how to create successful partnerships. More importantly I show you how you can attract partnerships to you, so that you don’t have to go chasing them.

You can gain great insights about investing from a careful study of Buffett’s Generals. He was constantly appraising the value of as many stocks as he could find, looking for the ones where he felt he had a reasonable ability to understand the business and come up with an estimate for its worth. With a prodigious memory and many years of intense study, he built up an expansive memory bank full of these appraisals and opinions on a huge number of companies. Then, when Mr. Market offered one at a sufficiently attractive discount to its appraised value, he bought it; he often concentrated heavily in a handful of the most attractive ones. Good valuation work and proper temperament have always been the two keys pillars of his success as an investor. Buffett

The ability to “people read” is an important tool for understanding what some are unable or unwilling to express verbally. Not only that, but it is vital for negotiation, dating, business partnerships, marriage, and other important relationship dynamics. It is for this reason that those who are better at finding relationship success have likely learned how to accomplish this on some level. Although mastering this technique can make you a much better communicator, not paying attention to it can be harmful to your relationship success.

Now, mark my words. From now on, you will be successful in everything you do. If the burun has not killed you, then nothing can touch you. I am ready to go into partnership with you in any business you choose.

Livia meddled in politics, the sphere of a vir, demonstrating virtus. One could argue that Tiberius reacted like Tacitus to his mother’s political involvement: politics was men’s business. While Livia and Augustus ran a most successful political partnership over many decades, her son had no interest in continuing, nor any need to continue, such an arrangement.

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It’s called sticking your head in the sand, and because I did that I lost millions of quid and still don’t have financial security now, even after forty years of being in the music business, the co-writer of ‘Blue Monday’ and ‘Love Will Tear Us Apart’ and many successful albums. At the end of the day I’ve only got myself to blame for said actions and for never raising my voice against signing daft agreement after daft agreement, that signed away 30 per cent of my earnings in perpetuity and all my rights to publishing and song royalties to erroneous partnerships and companies I have absolutely no control over. It’s unbelievable to me now.

A deep friendship can keep a partner from jumping to negative conclusions when another partner says or does something that sounds derogatory and hurtful. It may be a wellspring of trust, a key ingredient of successful partnerships. True friendship can help one partner to be understanding when another has family problems that wind up shortchanging the business for an extended period of time. A strong bond of friendship may be a sign of shared values and can be the glue that holds partners together when the business is under stress.

Alliances are difficult precisely because there is no 'boss' in them. They are partnership. And partners are equals, by definition. One cannot give orders to a partner. Hence the secret of a successful alliance is to manage it as a marketing relationship. In the traditional organization in which command and control are based on ownership, managers start out with the question "how do we get our people to accept what we think they should be doing?" In a partnership one considers the other partner as a customer. And the first question is not "what do we want to do," it is, "what are the partners' goals, the partners' objectives, what is value for the partner, how does the partner work and operate?" Once this is understood and accepted, the alliance will work.

A comprehensive theory of entrepreneurship should address all the functions of an early-stage venture: vision and concept, product development, marketing and sales, scaling up, partnerships and distribution, and structure and organizational design. It has to provide a method for measuring progress in the context of extreme uncertainty.

The fundamental drivers of success for any business can be broken down into the three P's: People, Products, and Partnerships.

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