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WANTED: Some friendly advice
This thread has 2 replies. Displaying all posts.
Post 1 made on Friday March 24, 2006 at 12:56
spyder6166
Lurking Member
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March 2006
9
Hi everyone,

I am a Network Systems Engineer who is looking to start venturing into the small business world. I have a partner in which we are seeking the do's and don’ts of installing home theater and home networking, lighting etc. I used to install high end Car Audio and Security systems for 10years before I finally stepped up into Networking world and have been working with advanced high end IP networks ever since. I am hoping with my background, that I can successfully integrate my networking and audio skills to advance myself into a small sales and installation business in which I can create something special that I would enjoy doing. I am just simply asking if anyone may have some advice for a newbie starting out in the field. Links to info or any advice is and will be much appreciated.

Thank you,

Jeff

Last edited by spyder6166 on March 24, 2006 13:17.
Post 2 made on Friday March 24, 2006 at 16:58
comet
Active Member
Joined:
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September 2004
527
I would first ask myself, Do I really need a partner. Do you both have the same family lifestyle. Do you need him for the money or credit ? Can he be a good business partner? Can you trust him or her with your money?

These may not be the questions or advice your looking for but they are the some of the most important factors in any business relationship.

I had a partner for 10 years and it went pretty well, the last 6 years I have been on my own and that has gone very well.

I am looking forward to some other views here on partnerships.

Good Luck and post often........ Mark
OP | Post 3 made on Friday March 24, 2006 at 17:27
spyder6166
Lurking Member
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Posts:
March 2006
9
Thanks for replying. My partner has been my friend for over 20 yrs. He actually knows a bit more than me on the audio side and I have the Networking knowledge that he lacks. I do understand where you are coming from though. Sometimes a partner is a great thing to have when you are doing very well and need a break. On the other hand if you aren't doing so well you have two familys mouths too feed instead of one, and thats besides paying the workers. As for the trust factor, I figure if you don't take a chance you will never know if you could have succeded.

Thanks,

Jeff


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