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Replace SNN Field from the Partnership Agreement

Replace SNN Field from the Partnership Agreement

Aug 6th, 2022

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How to Replace SNN Field from the Partnership Agreement

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In this video, Mike outlines the importance of a well-defined partnership agreement for those in or entering a partnership. He emphasizes that each partner’s roles, responsibilities, and accountability must be clearly specified to prevent misunderstandings. Mike reflects on his own experience, having had both full ownership and partnerships, and notes the common issue where partners feel their counterparts aren't fulfilling their responsibilities. He stresses that even in a partnership, someone needs to take on a leadership role to ensure the partnership operates effectively, countering the misconception that partnerships imply complete equality without defined authority.

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