Controversial Business Partnerships

Controversial Business Partnerships

One of the most important things to think about when deciding whether or not to start a business with another person is how you will handle disagreements. It is challenging to work alongside someone with the same goals and values as you, but it can be even more challenging when working with someone who wants different things. We’ll explore how to successfully manage disagreements with your business partner and make sure your partnership succeeds, according to pain management specialist Jordan Sudberg.

1. Communication

Communication is the key to resolving disagreements, and language barriers can hinder that. Translate documents or emails to ensure that you and your partner are on the same page regarding your business. One way to ensure you are making decisions together as a team is to have discussions in person. When new to a product or running a business, it is easy to listen and follow what others have done before, but that is the worst thing you can do. It is essential to find out what your partner thinks about your business and vice versa. If one of you doesn’t like something, then it makes sense for the two of you to talk about it in advance and devise a solution for moving forward.

2. Be Forthright and Respectful

If you disagree with your business partner, it is essential to be respectful. If you are not on the same page as your partner, work through it and try to find a solution that works for both of you. You do not want to create an environment where your partner feels attacked or put down; that will only lead to destructive conflict resolution. If the two of you do not get along well, stop working together and move on to a partnership that is more suited for you. Jordan Sudberg implies the need to be respectful not only to your partner but to yourself as well. It cannot be easy to voice your concerns and find solutions with people who you feel don’t or couldn’t care less about what you are saying. Be mindful of how you choose to express yourself to avoid angering anyone.

3. Mediation

Have a third party mediate discussions between the two of you if a conflict needs resolution. This way, you can work things out and agree on a final solution. You can do this by using an outside voice or a mediator you consulted before who is unbiased in the situation. Ensure that both of you are completely honest about what is happening and what has happened. Disputes should not be held until they have been settled, even if it feels weird to have that conversation.

Many avoid conflicts for fear of causing irreparable damage and hurting their current or future business relationships. The reality is that conflict is a natural part of any relationship. Avoidance only increases the long-term stress associated with working together. An excellent way to ensure you successfully communicate with your business partner is to be genuinely honest. Tell them when there are problems or things aren’t working out as you would like. You should also be prepared for constructive criticism and not take feedback personally.