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Partnership Advice: The Good, the Bad, and the Ugly, with Matthew Paulson

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Synopsis

If you search Google for information about business partnerships, it won’t take you long to find all kinds of horror stories about why you should never get into a partnership. But Ryan’s guest on this episode, Matthew Paulson is a partner in a number of ventures and believes that most of those nightmares happen because people don’t go into partnerships wisely or with the appropriate legal paperwork and agreements in place. This solo episode features Matthew’s take on partnerships, how you should evaluate the potential fit of a partnership opportunity, and what should go into a great partnership agreement. You should think of a business partnership like a marriage. You would likely never marry a person you had only heard about or had a general impression of, but didn’t know well. Matthew Paulson believes the same kind of logic should be applied to business partnerships. Think about it: in a partnership, you’re entering into a relationship where you will have to trust an individual with major decisions that dir