Ep. 094: What It's Like to Have a Partnership
We've been asked a lot in the past several months what it's really like going from running a business solo to running a business as a partnership, so this week we're getting really honest and sharing the highs and lows and everything in between!
WHAT IT’S LIKE TO HAVE A PARTNERSHIP
Mindset Shift + Possible Jealousy
Running a partnership, for us at least, is very much like a marriage and our business is our baby. At first, however, you have to learn how to shift your mindset from a competitive way of thinking (like we are competitors in the same industry) to one of a full partnership (where we both have equal responsibilities and equal praise).
We both felt a little anxiety for several months because we weren’t as busy as we were used to being. With a shared workload, the work gets done quicker, meaning we had more free time, and that was a huge source of anxiety! We thought we were forgetting to do something!
BONUS: We have hobbies again, which in turn makes us better business owners!
Balance of Strengths & Weaknesses
Erin is more of a creative brain and is very in touch with her feelings. Kirsten is more analytical and stoic. We balance one another out very well and we’re easily able to split responsibilities because of this balance.
THINGS WE’VE LEARNED ALONG THE WAY:
We have someone to give us permission to pursue things we love, in business and personally.
Even when we do things independently, we are representing our partnership business.
Your partner should accept you at your worst, not just at your best.
A good partner adds value to your business, rather than bringing more of the same.
Starting a partnership is essentially starting from scratch. We had to convince our community to purchase both of us rather than just one of us. All of our offerings and services were brand new.
BIG TAKEAWAY: Whether a solopreneur or a partnership, unplug and find JOY in something not business-related.
REMEMBER, FRIENDS FIRST, BUSINESS PARTNERS SECOND.