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Earn Your Happy

The 4 Rules of A Successful Business Partnership

Earn Your Happy

Lori Harder

Entrepreneurship, Business

4.82.8K Ratings

🗓️ 11 June 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

Choosing a business partner can either be the best or the worst thing you’ve EVER done for your business! In case you haven’t heard the news yet, Natalie Ellis just joined me as my business partner for Glōci and she’s already making such a massive impact on the business and on my life. With that being said, I made sure to talk to many of my friends to find out what I should look out for to make sure I should even take on a partner, and what conversations to have to make sure we’re set up for success as a team and a business. Listen in as Chris and I share the top 4 rules to having a successful business partnership, and rule #1 might surprise you! HIGHLIGHTS 01:00 The supplement that impacts mood, sleep, and  03:15 Main takeaways from Natalie Ellis joining Glōci as my partner. 08:00 The qualities you want to look for in a potential business partner. 11:00 Hard conversations you must have before entering a business partnership. 13:30 Check in’s you want to have in any partnership (from your relationships, to business partners, and with your team.) RESOURCES Get glōci HERE Use code: HAPPY at checkout for 25% off! Text DAILY to 310-496-8363 for daily manifesting affirmations, journal prompts, and motivation. Sign up for GrowthDay - https://www.growthday.com/lori?via=harder Watch on YouTube - @LoriHarder My book: A Tribe Called Bliss FOLLOW Follow me: @loriharder Follow Chris: @chriswharder Follow Earn Your Happy: @earnyourhappy Follow glōci: @getgloci Girlfriends & Business: @girlfriendsandbusiness

Transcript

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0:00.0

I don't think that you have to go into a 50-50 partnership.

0:02.8

Like, in fact, most partnerships should not ever be 50-50 because one partner will

0:07.8

always bring a lot more than the other partner.

0:09.7

And you create an impasse for 50-50?

0:11.9

Absolutely, like who's the person who makes that final decision.

0:15.2

These are the things that you have to talk about

0:17.6

and you have to be able to have these conversations

0:20.7

within your relationship. And'm literally back from Virginia you're

0:33.5

literally back from Austin both of us visiting our teams and business

0:38.1

partners which we're definitely going to get into today but first you know what

0:40.6

we start in this episode with a glossy tip oh Oh, I gotta tell you, I got out there.

0:44.4

And my team is like, oh my God, you look so good.

0:46.7

I'm like, hello, you're not using my wife's product?

0:48.4

What is wrong with you team?

0:50.0

But all joking aside.

0:51.3

People are literally noticing out of me. obvious so why is that give us a science

0:54.5

tip give us some kind of glossy tip well today I'm going to talk about magnesium because I think

0:59.2

so many people know how good magnesium is but I didn't quite realize the effects of magnesium until I really

1:06.7

started diving deep into it. You know, you and I have always bought a magnesium supplement,

1:10.8

whether it was like a gummy or whether it was calm or whatever we were using, we loved it because it helped keep us regular, it was helping us sleep.

1:19.0

But magnesium, when we were looking for what we should add into this, I was like, oh my God,

1:24.3

magnesium has such a big role in so many different things. So magnesium is linked to

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