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E263: The Makings of a Great Partnership with Eric Nelson
In business, choose a partner like you would choose a spouse or life partner. Just like marriage, any business partnership takes a great deal of awareness and communication. Today, Erik Cabral speaks with Eric Nelson, CEO and founder of Wild Oak Capital and host of The Real Estate Mindset Podcast, as they talk about the pros and cons of partnership, and the makings of a great partnership.
Here are some power takeaways from today’s conversation:
Episode Highlights:
[02:30] Finding the Right Partners
You don’t have to do everything on your own. Find someone who has the skill sets that match what you need so you can help each other. Trust and communication are also very important attributes of a successful partnership. Start with a baseline by figuring out if both of you are on the same page.
[07:59] The Keys to a Successful Partnership
Pros
1. There's way less on your shoulders if they're a good partner.
2. Putting your heads together is way more powerful than just one or the other.
3. You get both of your groups together so you’re able to form a tribe.
Cons
1. The clash of personalities (if you’re not good at communication)
2. Struggles - so be prepared for frustrations ahead of time.
3. Oftentimes, partnering with a family member is a recipe for disaster. To avoid this, there has to be a clear separation between your roles and you have to set clear boundaries.
[33:05] The Power of Leveraging Other People’s Experiences
The podcasts you listen to or the books you read may not be relevant to you at that moment. But as you keep information in your storage, you can apply it at some point.
Resources Mentioned:
Wild Oak Capital
The Real Estate Mindset Podcast
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.
View all episodes
By Erik Cabral
5
5151 ratings
In business, choose a partner like you would choose a spouse or life partner. Just like marriage, any business partnership takes a great deal of awareness and communication. Today, Erik Cabral speaks with Eric Nelson, CEO and founder of Wild Oak Capital and host of The Real Estate Mindset Podcast, as they talk about the pros and cons of partnership, and the makings of a great partnership.
Here are some power takeaways from today’s conversation:
Episode Highlights:
[02:30] Finding the Right Partners
You don’t have to do everything on your own. Find someone who has the skill sets that match what you need so you can help each other. Trust and communication are also very important attributes of a successful partnership. Start with a baseline by figuring out if both of you are on the same page.
[07:59] The Keys to a Successful Partnership
Pros
1. There's way less on your shoulders if they're a good partner.
2. Putting your heads together is way more powerful than just one or the other.
3. You get both of your groups together so you’re able to form a tribe.
Cons
1. The clash of personalities (if you’re not good at communication)
2. Struggles - so be prepared for frustrations ahead of time.
3. Oftentimes, partnering with a family member is a recipe for disaster. To avoid this, there has to be a clear separation between your roles and you have to set clear boundaries.
[33:05] The Power of Leveraging Other People’s Experiences
The podcasts you listen to or the books you read may not be relevant to you at that moment. But as you keep information in your storage, you can apply it at some point.
Resources Mentioned:
Wild Oak Capital
The Real Estate Mindset Podcast
Entrepreneurs Circle podcast is an On Air Brands production.
On Air Brands is one of the leaders for launch, production, and promotion of top-rated business and real estate investing podcasts. Reach out to On Air Brands here ---> [email protected]
Learn more at: www.onairbrands.com
Find and follow find Erik at: www.erikcabral.co
Download Erik's FREE GUIDE to podcasting at: www.erikcabral.co/guide
Check out this show and previous inspiring guests at Entrepreneurs Circle in Apple Podcasts.