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In this tutorial, Mike from "Mikes per Duty" shares insights on partnership agreements, drawing from his experiences as both a sole owner and a partner in various companies. He emphasizes the importance of clearly defining each partner's roles, responsibilities, and accountability within the partnership. Mike points out that without these specifications, misunderstandings often arise, leading to frustrations when partners feel that others aren't fulfilling their expected duties. He stresses that even among equals in a partnership, it's crucial to establish who is responsible for what to ensure smooth operations and accountability.
