Friday, June 1, 2007

Passion + expertise = credibility

so do you think this is enough? is that all it takes? i got this formula from guy kawasaki's blog entry on DIY PR (do it yourself public relations)

so i try to explain to

my wife why i want to leave the comfort of a well paying job for the uncertainty of entrepreneurship. and she gets it!!! she tells me she loves me and that i should go for it! oh my goodness... i hope each one of you has/finds a spouse that is this supportive.

ok so my wife, the love of my life, my back bone understands and supports me... now what?
i was made aware of a statistic that says (and i paraphrase) 50% of people that go into business with a partner succeed, and the number plummets to under 20% of those who succeed alone. I am sorry but when you are about to sacrifice a lot, those numbers are so so important, and you have to acknowledge them. so i need a partner. a fifty percent success rate sounds really good right about now.

i need a partner with credibility - a boat load of passion and a ship load of expertise. will it work if i have all the expertise and s/he has all the passion...uuuummm i don't think so... or maybe s/he has all the expertise and i have all the passion...uuuummm maybe that will work if it is my company.

see where the problem lies? i am sure that there are a lot of very experienced and passionate people out there, but in a partnership, where will the balance between passion and experience be? will it be shared, me 45% passion and you 55% experience? like in marriage or any other healthy relationship, responsibility is never shared equally, hence both parties are never equal. over time one person will carry more weight than the other, but the sum of the responsibility burden should even out over time.

does that make sense? i should know that when "fit hits the shan" (for my PG readers) my partner will be there. and credibility between us will project clearly to the world at large.

but we don't have expertise or passion for the same thing? should we just be friends or explore the partnership a bit deeper?

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