Aries June 2014

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WORK START A BUSINESS WITH YOUR BESTIE (Without Killing Each Other) You have secrets, So it makes total sense to create a business with your BFF. Most people don’t know that they are good co-owners til it’s to late and you end up getting a professional divorce. You can avoid an ending with a few precautions JUNE <strong>2014</strong> / ARIES 100
1 Give credit where credit is due. Acknowledge each other’s contributions quickly and often. 3 Admit your mistakes. When you don’t, it’s a relationship killer. CAN THIS WORK? Steps to take before you sign for that small-business loan. Start With Baby Steps How do you find out whether you have the right work chemistry? Test the waters by doing a project together that has a defined beginning and end. You can evaluate it and see how well you work together before you invest all the time and energy in starting a business. Determine Your Roles Friendship works well when people are similar , but a business partnership can benefit from personalities that naturally create checks and balances. Matching a big-picture person with someone 2 Keep your eye on the prize. You have shared goals—that’s your priority. who loves details...or someone who’s great at marketing with someone who’s great at numbers. You can move twice as fast when you have everything covered. Put each person’s responsibilities in writing and review those roles every few months. Writing brief updates of daily accomplishments to keep each other connected and motivated. Give Yourself A Way Out Draft a partnership agreement. You might start on the same page, but you can end up having radically different visions. An independent business consultant. Lawyers are great at figuring out what the worst -case scenario is and starting a conversation around it. Having an exit strategy in place takes away the fear of what could happen. And deciding what you will do with your assets—do you need a non compete agreement to keep your clients if your partner leaves? Who owns the materials you create together? — your future. Find A Referee An impartial third party, such as a business consultant or someone you know in your industry, can help you and your partner solve problems in a strategic—non-emotional—way. Get an adviser on board who really believes in both of you and cn understand your business when growing plans do arise. Schedule Check-Ins Talk with your partner outside of the work, so it’s just the two of you and there are no distractions. In this meeting talk about the uncomfortable issues at hand. The more you communicate with each other, the better the both of you are off. This will make those big decisions easier to make and help you get to the top of your game. Make Time For Your Friendship In the office, take the friendship off the table. But after-hours, have some work-free fun. No feelings are going to get hurt and both of you can be bosses instead of friends. When you leave the work place go back to having fun and leave it at the door. If you talk about work in your free time, you both will be angry with each other and never take time away from the place that brought the two of you closer. 101 ARIES / JUNE <strong>2014</strong>
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JUNE 2014 ARIES ( RON PRICE P. 52 g
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Letter From The Editor Fun In The S
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CONFESSIONS 23 Confessions 24 Worst
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ARIES GUY Matt Ryanz QWhat is the s
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Aries June 2014

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