What Should My Friend and I Discuss Before Starting a Business Together?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 21 September 2021

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Christy Wright, Dr. John Delony, and George Kamel. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:10.7	Joining me today is Ramsey personality, Ken Coleman.
0:15.4	We're talking to Stephen and Albuquerque, New Mexico, coming out of school, got his buddy.
0:20.1	They want to both be consultants.
0:21.5	They're talking about doing it together, and he heard a rumor that that might be troubling
0:26.0	like a bad marriage.
0:28.3	So what kind of consulting you're going to do, Stephen?
0:31.5	We're thinking of partnering with local high schools and helping students apply for scholarships.
0:37.8	Okay.
0:38.8	Either one, have you ever done that?
0:41.3	Well, we both have a lot of experience applying for scholarships and successfully getting them.
0:47.1	So we think we're a good fit for helping people that are kind of new to that sort of thing.
0:52.1	Okay.
0:52.9	All right.
0:56.2	All right. Okay. All right. All right.
0:58.9	What's the business model?
1:00.2	How's that going to, have you guys figured out how you're going to charge?
1:02.5	Is it parents?
1:03.2	Is it school systems paying you?
1:04.3	What's the model?
1:06.3	So the basic model is going to be two tiers.
1:08.2	We're going to have one opening tier where we provide introductory videos where parents or schools can pay to access the videos where we provide basic stuff.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.