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Partnerships in business can greatly benefit a company, but without proper organization and management, they may fail regardless of initial potential. The most successful and enjoyable companies I've built involved partners, and even non-50/50 arrangements were treated equally, fostering collaboration towards common goals. To maintain a strong partnership, it's crucial to establish basic rules. I learned this the hard way through two past partnerships that resulted in costly lessons I aim to spare others from experiencing. It’s often more efficient to learn from someone else's experiences rather than endure the consequences yourself.
