Few relationships are as complex as a business partnership. Successful Culture Founder Marissa Levin ran her first company, Information Experts, for more than 15 years in partnership with her husband before exiting. Protecting the partnership from the effects of high expectations, financial pressure, personnel issues, customer management, and many other typical business stresses is essential for business stability & growth.
Successful Culture offers several coaching and support programs to help business owners develop and maintain healthy partnerships. If you want to explore any of these programs to build, strengthen, or repair your partnership, please email email@example.com to discuss how we can assist you.
Are you in the process of launching a business with a partner? Successful Culture can work with you to ensure you are setting up the partners and the business for success. We’ll help to assess each partner’s strengths & weaknesses, we will create roles, responsibilities, and ground rules, and we will help implement accountability processes. We also partner with contract law firms who can draw up all legal documents.
Executive Conflict Resolution
When respect, confidence, and trust among partners starts to erode, it can create a downward spiral of events leading to major disruption or even company destruction.
These situations require an objective executive mediator who can create a safe, respectful communications environment where affected parties can voice their concerns and frustrations, and eventually move forward. Successful Culture can help mediate your most sensitive executive conflicts, and can assist in re-establishing a healthy and productive relationship among company leaders.
Spousal Partnership Coaching
The spousal partnership adds another layer of complexity because so much is at risk. Divorce rates hover at 50% and business failure rates are above 75% within the first 5 years. Entering into a spousal partnership combines two entities that have high probabilities of failure, and the fallout can be the loss of the business, the breakup of the marriage, or both.
Couples that work together don’t play by the traditional rules of marriage:
- Expectations are exponentially higher at home and at work, which creates greater opportunity for disappointment
- If you have employees, your marriage is on display 24/7
- There is greater financial risk for the family
- Spousal partners never get a business break. They can’t truly step away from the business
The only entrepreneurs that truly understand these dynamics are other spousal entrepreneurs. Successful Culture can create a custom coaching plan for spousal partners that will help to protect both the business and the marriage. Elements include the definition and assignment of roles & responsibilities, ground rules for communications in and out of the office, ground rules for compartmentalizing each aspect of the relationship, and even exit planning, should one spouse want to transition out.