 Hey, what's up coach? Welcome back to the podcast now today's episode. I'm gonna be answering a question from Coach he's in California. His name is Robert Robert asked he said hey Ben, I'm thinking about partnering with one of my old college basketball teammates and I'm thinking about Setting up a partnership with him so we can go into our training business together instead of me just doing it by myself can you give me some advice and First the short answer is There's a funny commercial that this guy impersonates Dr. Evil from Austin Powers and and he says how about new All right, so my short answer is no You should not Partner with an old teammate and Here's why so first The you have to ask yourself a couple of questions What does what does this person bring to the table that I can't bring to the table? Normally when someone's starting a business of someone else like both people are brand new both people don't know what they're doing both people are trying to figure things out together and a In my opinion by having someone else along this journey with you is going to be a liability at the beginning because What if they don't have as much skin in the game? What if they don't care about as much as you do now? You're constantly thinking about what they're doing right and on top of that if this is a teammate in this scenario that means your friends with them and I can tell you from personal experience because I have already lived through this You don't want to start or go into business with someone that you're friends with Because when money is on the line what happens is your emotions get in the way and Now you're thinking in your head. All right. Well, you know when we start making more money How is this going to be set up? What's the percentage split? And because you're friends with that person you can't make Smart business decisions because your emotions will always get in the way You don't want to hurt that person's feelings. You want to still be friends with them right and really the last thing I'll say about it is When you partner with someone they have to be able to bring something to the table that you just You don't want to do or you just aren't good at and there are a couple of coaches I've taught to that do have partners, but they didn't they didn't start their business with their best buddy from high school They started their business by themselves and then they started bringing on either other coaches or Partners who could do things that the coach the business aren't just simply does not want to do anymore And in my head that makes sense Right makes sense to prove Prove your product Before you start to bring anyone else on to what you do like you have to believe in what you do a thousand percent Right and to start something With someone who might not have the same mindset as you I promise you that's going That's going to be a bigger detriment to your business than you could possibly imagine Right Because I already know how hard it is to run a business by yourself running a business and starting something with someone else Promise you it's going to be a lot more stressful than you think All right, and if you have any sort of equity percentage that you're giving away Well right off the bat, you know a thousand dollars that comes into the business is now split in two right and You know you have to look at your your financial situation Is that something that that you want to be a part of you have to look at your family situation? You know how much money do you need to generate every month? This is why oftentimes it's going to be better To do things by yourself at the beginning and if you do partner with someone They need to be able to do something that you just possibly cannot do Or you do not want to do and they have to be rolled class at that Otherwise you should find somebody else to do it All right, so that's it for today's message. Hopefully this helps Guys any other questions that you have text me at 2109605771 That's where I get these questions. That's how I connect with coaches. That's it. See you later