After you’ve successfully partnered on something small you may have the makings of a long term partnership.
- Let your partner know that you’re open to new ideas and invite them to contact you anytime.
- If you truly trust them, let them in on some of your future plans and ask them if they have interest in partnering on one or several of the projects.
- Make sure that you have all of the legal and financial points covered and don’t hesitate to seek out the advice of professionals when partnerships begin to involve money over the long term.
- Start looking for the next joint venture project to start up.
Enjoy setting up your first joint venture!