Tan Jye Yee:
Great points. Values, priorities and enthusiasm are basically the fundamental prerequisites that need to be fulfilled before any partnership is conceived. Just another point to add, partners should always bring complementary skills and experiences to the table. For example, if one partner has a lot of business and legal knowledge and experiences, … Read morethe other should ideally have something else of value, say, technical know-how. In other words, bringing partners onboard is only justifiable if it confers some rare, commensurate value, because a partner who doesn’t contribute differently and to the same extent unduly dilutes your own enterprise stake, be it tangibly (shareholding structure) or intangibly (glory and credit). Lastly, another relevant article that I’ve come across: http://www.entrepreneur.com/startingabusiness/youngentrepreneurscolumnistscottgerber/article202434.html.

Awesome stuff! Thanks for always taking time out to read my writing!