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In this video, the speaker emphasizes the importance of written agreements and clear communication when collaborating with partners in business. They recount two recent scenarios involving students who encountered partnership challenges; one case involved two members of the owner forum trying to work together, while the other involved a partnership formed at a boot camp. The speaker highlights the necessity of having everything documented to safeguard interests and avoid misunderstandings. They stress the need for probing questions to assess the partnership's legitimacy, starting with whether any written agreements exist. The discussion underscores the significance of protecting oneself in business collaborations.
