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[Music] so often because were excited about the business and the opportunity that the business uh presents we jump right into bed we worry about how to set up the business and all the operation issues in the business but we dont even ask you know is this the right person to be in partnership with ironically sometimes we spend more time interviewing a key employee and putting them through their Paces in terms of whether theres a fit than we do with a a partner or prospective partner so its really critical that you sit down and scope out what your values are what your goals are uh the timelines for the business um expectations in terms of compens ation what your roles are going to be and how you get out of it if uh its not working out well its really important to get an agreement in writing with your partner uh whether its a corporation and use a shareholders agreement or a partnership and you use a partnership agreement its really important to figure out what the rights and resp
