
VideoPersonal developmentDec 13, 202315:25
“No One Wants Someone to Be with Them for Their Money”: Partners in Business and Life
Alexander Volchek
In this video, I, Alexander Volchek, an experienced businessman and business scaling expert, discuss the important subject of choosing a business partner. I share my personal experiences, successes, and difficulties in partnerships, and explain how they influenced my professional development and growth.
Main subjects
PartnerCouples and healthy relationshipsBusiness partnershipAn entrepreneur's strategy and decisionsFriend / friendsTruth
What you can take away
- We'll examine different aspects of business partnership, from choosing a partner to managing shared goals and strategies.
- I emphasize honesty and transparency in partnerships and the importance of working together toward shared goals.
What is said here
- 00:00And build a company worth $10 million. Share tragedy, pain, trauma, business closures, failure, bankruptcy—anything at all—with that person.Partner · Time · Love
- 02:03A partner. Write in the comments: have you had partners in your life? Were all those partnerships great and the choices easy? Have you ever chosen the wrong partner?Partner · Time · Wife
- 03:23Perhaps you feel an impulse that something could emerge with this person. They offer you something, or a team or group of people offers you something…The goal of a business · Business partnership · Partner
- 05:26The other side is incredibly important for success and for moving in the right direction together: understanding that your partner may have an entirely different goal, task, actions, foundations…Friend / friends · Partner · Truth
- 07:22Imagine that situation. The partnership will fail if you don't tell them. If you honestly say, “Listen, my inner goal is to make money.”Truth · Love · Andrey Rogachev
- 09:17We agreed to do a project together. This is important: among our written agreements for the project, we said distributing the business's profits mattered to us. But did he need that profit?Friend / friends · Partner · Fear
- 10:14And most likely, that person already has expectations. I expected us to make more than a billion dollars in that business, because the main goal was to earn more…Truth · Partner · Fear
- 11:26Most importantly, you're creating false expectations for the other person. They may also be afraid, leaving things unexplained or lying, and they add their lie to yours.Truth · The client
- 12:15Yes, we were discussing the details of a potential partnership, with two people. I set out a whole list of parameters and details under which I was willing to work together.Truth · Time
- 13:46This also matters for your own life, for developing in the right direction according to the laws of truth, and for moving forward.Truth · Partner · The Next Step system
Claims made here
Individual claims identified in the material: who said them, when, and what kind of thought they express. Each timestamp opens that point in the video.
- 01:21
The partnership when I launched my first programming company, the partnership at Business Molodost, my partnership with Andrey Rogachev at Agro24, and the partnership at GeekBrains.
Alexander Volchek
- 02:44
I also have a partnership with my wife that has lasted a very long time. We actually met in 1987.
Alexander Volchekdefinition
- 06:46
That's not true, because each person has their own inner goal and experience of partnership.
Alexander Volchekcausedefinition
- 07:32
“What's your real goal?” Try to see that their goal isn't to make money with you, because there's no guarantee you'll make an amount that interests them.
Alexander Volchekcausedefinition
- 08:41
I've partnered with someone whose financial position was completely different from mine.
Alexander Volchekprinciple
- 09:20
Among our written agreements for the project, we said distributing the business's profits mattered to us.
Alexander Volchekrecommendationdefinition
- 10:17
I expected us to make more than a billion dollars in that business, because the main goal was to earn more than a billion dollars and build a company worth more than a billion.
Alexander Volchekcauserecommendationdefinition
- 11:15
So if you're choosing a partner, reflecting on whether to be with this person, and holding something back, you're creating false expectations for yourself.
Alexander Volchekcausedefinition
- 12:02
In some partnerships, you think through business circumstances in extraordinary detail because there's no other way.
Alexander Volchekcauserecommendation
- 14:10
It will let you, as a person, live your life as fully, honestly, truthfully, and authentically as possible.
Alexander Volchekdefinitionprinciple
What to watch next
- How to Run a Business to Avoid Conflicts—and Why?
- Your Goal in Business: How to Define It and Scale Your Business
Who this is for
- For readers interested in: Couples and healthy relationships, An entrepreneur's strategy and decisions, Anxiety, stress, and inner calm
Explore further · 24 mentions
Who and what is mentioned
People
6- Partnercentral subject
- Friend / friends
- Andrey Rogachevmentioned
- The clientmentioned
- Alexander Volchekparticipant
- Wifementioned
Companies and products
4- Agro24mentioned
- Business Molodostmentioned
- GeekBrainsmentioned
- Pyaterochkamentioned
Places
1- Russiamentioned
Concepts
8- Truth
- Timediscussed
- Forgiveness
- Fearmentioned
- Love
- Freedommentioned
- Acceptance
- Conflictmentioned
The author's terms
5- Business partnershipcentral subject
- The Next Step systemmentioned
- The goal of a businessmentioned
- A conscious decisionmentioned
- Business scalingmentioned
How it connects
How it connects
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