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The Truth About Having Business Partners
đź’° You cannot expect people to be the same as you
Boys,
One of the biggest problems with having business partners is that you expect too much from them
For example,
Let’s say you are super hard-working, super ambitious
And you’re in a 50-50 deal with someone, or 60-40, or 65-35,
These are all regular occurrences in business right
Because they’re still getting a big cut—let’s say it’s 35-40%
Or even if it’s 50-50 particularly
You expect them to do 50% of the work because they’re getting 50% of the money
And this is where the resentment comes in
Because It’s ABSOLUTELY IMPOSSIBLE (take it from me)
To get a 50-50 LEGITIMATE partnership.
I have a couple 50-50 partnerships myself but we don’t do 50/50 of the work
In some of them I do more work, and in some of them I do less work
And both parties know this deal, both parties know the situation right
So the point I’m trying to make is when you expect too much from people
That’s when things go wrong
So you need to get very very clear on their strengths, their weaknesses, and why you need them in business
Because if you decided to get in a 50-50 deal with someone—then you clearly want to be 50-50 with them
You clearly want to be partners with them
Like actually analyze why you need these people and ACTUALLY analyze why you’re working with them
And if you don’t need them and you don’t want to work with them
Or they’re bringing no real benefit or only 5% benefit, 7% benefit
Then have a talk with them
Try and sort out a deal
Maybe separate as partners
But NEVER SNAKE ANYONE IN BUSINESS
It will never do you any, any good long term
And recently,
I’ve been seeing this word on social media called “aura”
+1000 aura points
-1000 aura points blah blah blah right
And I feel like it’s true because if you snaked someone and you actually lie
It’s actually very hard to have the same aura as someone who’s always honest
Because in the back of your mind you have to think about what to hide
Or you have to think about lying
Think about protecting yourself from certain angles
So never snake someone.
NEW MONEY Miami Event 🇺🇸
But just confront someone genuinely and be like “Look bro,
We got into this 50-50 deal and you’re doing fuck all at the moment, like,
We need to have a chat about you doing more work—like if you’re not willing to do more work, then I can’t do 50-50 with someone who’s just not willing to do any more work”
Because you’re always going to be angry at them
If you’ve been working with them for 3-4 months
And they’ve never ever done as much as you, it’s not like randomly they’re gonna change and fix up
Maybe they’re gonna start doing a bit more
But if you’re super unhappy with what they’re doing
Then it’s never gonna work. You can’t force someone into being a different person
So I really encourage you to a) be very careful getting into 50-50 deals
And b), work with people who are reasonable
Because if you can’t work with people that are reasonable, then you can never ever talk the problem with them
Whereas if you work with people that are unreasonable, and WHEN, not if,
WHEN inevitably a problem comes up
It’s going to be very hard to have a conversation
Like I’ve had so many times in business where I’ve said something to someone so respectfully, so calmly, so nicely, so concisely, so everything
And they’ve still not understood and they’ve still not done it
It just shows you that some people, you cannot get them to do certain things and they just never will
They haven’t got the genetics
They haven’t got the mental faculty
They just don’t have the capabilities—I don’t know how to explain it in any other way
Everyone prioritizes different things in life
Some people would rather just play Call of Duty all day, some people would rather smoke weed
At the end of the day it doesn’t make them a bad person, it just means they’re different
That all it means—they’re different
It’s like someone being white and someone being black
Or someone being Arab, or being Chinese, or being Asian
There’s different height, different looks, different parents, different upbringings
Of course all these things are gonna make someone have a different personality
But yet, when it comes to personality and in relation to work, in relation to business,
Everyone thinks, oh everyone should be as ambitious as each other
When you start making $10k a month, you might wanna go harder and start making $50k a month
Where as another person, once they make $10k per month maybe they wanna start to chill more
Start fucking loads of girls and start having loads of fun
So do you see what I’m trying to say?
When YOU get to $10k per month, you wanna double, you wanna quadruple, and go 10 times harder
Whereas someone else who hits $10k/mo, they might say “Finally I can start traveling the world, stay in some nice hotels, go eat whatever I want, order whatever I want,
Talk to whatever girl I want because I want to make up for lost time when I was hustling and grinding”
Does that make sense?
SO THE POINT I’M TRYING TO MAKE IS THIS:
You cannot expect people to be the same as you.
-Hassan Haider
aka Mr.Overpaid
P.S.
Don’t forget to watch one of my latest videos on YouTube where I tell you how to go from broke to millionaire in detail
Make sure to comment and let me know what you boys think I should talk about next