6 STEPS to MAXIMIZINGYOUR BUSINESS GROWTH

STEP 5PROFITABLE PARTNERSHIPS& BUSINESS RELATIONSHIPS

P R E S E N T S

S T E P 5 : & B U S I N E S S R E L A T I O N S H I P S

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1. List your current partnerships and their pro’s and con’s.

Partnership with ______________________________.

PRO’S

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CON’S

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Partnership with ______________________________.

PRO’S

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CON’S

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P R O F I T A B L E P A R T N E R S H I P S

6 STEPS to MAXIMIZING YOUR BUSINESS GROWTH

Partnership with ______________________________.

PRO’S

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CON’S

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2. How can you provide value to your current partnerships?

3. How can you position yourself as a person of value in your industry?

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S T E P 5 : & B U S I N E S S R E L A T I O N S H I P SP R O F I T A B L E P A R T N E R S H I P S

6 STEPS to MAXIMIZING YOUR BUSINESS GROWTH

4. List 3 new relationships that you could foster in the next 30 days:

1.

2.

3.

5. What are some areas of your business that could be strengthened by a partnership?

6. Create your ideal partnership profile (much like your ideal customer profile):

Skills/Strengths:

Personality:

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S T E P 5 : & B U S I N E S S R E L A T I O N S H I P SP R O F I T A B L E P A R T N E R S H I P S

6 STEPS to MAXIMIZING YOUR BUSINESS GROWTH

7. List 5 people/businesses that you would like to partner with to form a mutually beneficial relationship:

1.

2.

3.

4.

5.

8. For reach of those relationships write down ONE thing you can do in the next 30 days to bring value to this relationship. (Keep the focus 100% on the other person).

1.

2.

3.

4.

5.

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S T E P 5 : & B U S I N E S S R E L A T I O N S H I P SP R O F I T A B L E P A R T N E R S H I P S

6 STEPS to MAXIMIZING YOUR BUSINESS GROWTH

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S T E P 5 : & B U S I N E S S R E L A T I O N S H I P SP R O F I T A B L E P A R T N E R S H I P S

Do’s & Don’ts of Establishinga Professional Relationship

• Do bring people into your business who can do the job better than you.

• Don’t trick yourself into thinking that only you can do everything in your business.

• Do use freelancers and trial hiring periods for both parties to decide if they are a good fit.

• Don’t be discouraged if someone you want to partner with says no. Try again at another time.

• Do hire for character and train skills.

• Do make sure that you can trust anyone that you partner with.

• Don’t forget the importance of open communication at all times.

• Do make sure that there are benefits for BOTH parties.

• The best way to begin a relationship with a potential joint venture partner is to first be a person of value. You must find ways to add value to them first before ever asking for something that YOU want. The more that you can make their life easier, save them time or make them money, the more likely that they will want to begin a business partnership with you.

6 STEPS to MAXIMIZING YOUR BUSINESS GROWTH

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S T E P 5 : & B U S I N E S S R E L A T I O N S H I P SP R O F I T A B L E P A R T N E R S H I P S

9. The benefits of joining a mastermind:

- Accountability

- Feedback

- Support

5 people that I could start a mastermind with are:

1.

2.

3.

4.

5.

10.Write a list of people whom you consider mentors in your life:

6 STEPS to MAXIMIZING YOUR BUSINESS GROWTH

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S T E P 5 : & B U S I N E S S R E L A T I O N S H I P SP R O F I T A B L E P A R T N E R S H I P S

11. I would like to contact __________________________ about becoming

my mentor.

ACTION STEPReach out to one potential partner

and add value to them TODAY.

6 STEPS to MAXIMIZING YOUR BUSINESS GROWTH