260. Why Business Partnerships Fail (And How to Fix Yours) - Dr. Matthew Jones

FEB 18, 202660 MIN
Contractor Evolution

260. Why Business Partnerships Fail (And How to Fix Yours) - Dr. Matthew Jones

FEB 18, 202660 MIN

Description

To learn more about Breakthrough Academy, click here: https://trybta.com/EP260 Take our five minute quiz and get a custom Contractor Growth Scorecard: https://trybta.com/DL260 Going into business with a partner is one of the most exciting decisions you can make, but knowing how to resolve cofounder conflict is critical if you want that business to survive. In this episode of Contractor Evolution, Dr. Matt Jones (founder of Cofounder Clarity) joins us to break down why business partnerships fail and, more importantly, how to fix them. We dive deep into the psychology of entrepreneurship and the unique challenges that come with shared leadership. If you’ve ever struggled to see eye-to-eye with your business partner, or you feel like you're speaking different languages, this episode is your roadmap to a healthier, more functional relationship.In this episode, we cover:The critical questions you MUST ask before starting a business with someoneThe 3 "languages" cofounders speak (and why mismatches cause endless arguments)How to have conflict conversations that actually resolve issuesStrategies to anticipate partnership hurdles before they destroy the businessCheck out Cofounder Clarity to learn more about Dr. Matthew’s work: https://cofounderclarity.com/ 00:00-Intro01:20-How the Guest Got Into Co-founder Relationships and Conflict Management04:51-Biggest Blind Spots When Selecting a Partner11:08-Big Questions to Ask Before Going into Business Together12:17-Managing Decision-Making and Management Structure Conflict17:32-Deeper Dynamics Fuelling Conflicts in Businesses22:58-Navigating Conflicts Properly40:52-Handling Conflict in Unique Partnership Situations