As you all know, I LOVE a good #bossbabe story. My boss babe features are solely summer features so it will be coming to an end mid-September. But today, I wanted to switch it up! Megan Larsen of the very successful GLASS LADDER blog and business wrote a guest post on why you should consider a business partner. Grab a booch and check it out! xx Erica
Flying Solo in your Business? Why you Should Consider a Business Partner
If you’ve been running solo in the business world it can seem like the entrepreneurs go marching two by two these days- and there’s a reason why! If you’re considering starting a business or introducing a partner to your current side hustle you may want to keep reading!
I think having a business partner is one the most influential parts of my success. For those of you who don’t know I run Glass Ladder and Co. with my boyfriend. Running a business with your SO is a totally different blog topic but taking that element out of the equation, let’s discuss the major pro’s to having a business partner – whether it be your BFF, your boyfriend, or fellow colleague.
You Hold Each Other Accountable and Do ½ the Work!
You have someone to remind you about things; it can be something as simple as responding to an old email or editing a blog post before it goes out. Having someone to check in with you helps keep you on track with your goals! One of my favorite benefits of having a business partner is having someone else to help out with day to day tasks! You can look at it one of two ways- you’ll get to do half the work you would if you were solo or now you can do twice as much work as before with your man power combined; however you look at it, the glass is half full to me!
You Have a Sounding Board for your Ideas 24/7
It can be disappointing when you get new ideas and have no one to share them with. It can be a total buzz kill when you have a streak of genius but no one seems to care about your idea quite as much as you. When you have a business partner they are 100% invested, just like you! Meaning you’ll always have someone to brainstorm with or talk about your current issues.
You Can Pick Up Each Other’s Slack
Whether you’re sick, on vacation, or experiencing a case of burnout it’s incredibly helpful to have someone who can pick up the slack when you really just can’t anymore. This allows you and your brand to have more consistency which is a key component to growth and success. I also bounce back from burnout faster because I have someone just invested as I am that can snap me out of it and help me get back on the grind. From business partner to accountability partner it can be incredibly comforting to have someone along for the ride.
Entrepreneurship can get Lonely!
Let’s be honest, sometimes, running a business can be lonely! Having someone to share your success, your failures, and your lessons with makes it all the more worthwhile. We absolutely love running a business together! We know that we have each other to depend on, motivate one another, and spread inspiration when creativity runs low. Running a business or blog can be incredibly rewarding but it’s all the more rewarding when you have someone to share it with.
Now if you’re considering enlisting a partner in your business venture here’s some important qualities to consider. Once you choose a partner it’s more or less permanent – so choose wisely. Find someone who balances you out. For example I’m very visual and creative. I like designing, writing, dreaming up product or new campaign ideas, whereas my partner focuses more on logistics. He figures out how to make these (sometimes crazy) ideas possible and focuses more on the technical business aspects. One of the most important parts of working together is being able to respect each other’s domains! We can both do logistics, we can both do design, but we worked out who focused on what and that’s how we roll now. I don’t tell him how to do his job and he doesn’t tell me how to do mine because we respect each other and have trust in one another’s competencies. Now with that being said of course when it comes to big decisions we always discuss it and wouldn’t do something without consulting the other one. It’s all about team work to make the dream work!
Overall you’ll need to find someone you trust, someone you’re comfortable with, and someone you wouldn’t mind talking to about your business every day. Don’t force a partnership before its ready, feel it out and make sure they completely believe in your brand and it’s potential. Having a business partner can help you stay on task, remain consistent in your business, and give you someone to share your success with, just be sure to choose wisely and divide up your work in order to increase productivity and minimize disagreements. Happy searching!
Megan Larsen co-founded Glass Ladder & Co. with her boyfriend Daniel Tellez in March of 2017. Together, they want to inspire others to chase their dreams and dance the beat of their own drum.