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The speaker expresses a strong belief in the importance of partnerships in business, emphasizing the need to protect oneself when collaborating with others. They recount recent experiences with two students who encountered issues while forming partnerships—one between two owner forum members and another between an owner forum member and a person met at a boot camp. The students faced uncertainty regarding a third person's deal as general partners. The speaker suggests that when navigating such partnerships, it is crucial to ask fundamental questions, particularly about the existence of written agreements and the nature of relationships involved.