Lonny Bernath graduated from M.I.T. with a Master of Business Administration in 2003. After he earned his degree, he launched his first company, Headline Capital Management, in Charlotte, North Carolina. He then went on to launch other companies and become the managing partner of Waypath Ventures, LLC. He has worked with business partners in the past. It is always important to try to work well with your business partner.
Before you become business partners with someone, it is important that you determine whether or not the two of you are compatible on a professional level as well as a personal level. The first step in working well with your business partner is to choose someone who compliments your skills, and someone you get along with.
Communication is also an important key to working well with your business partner. You should be able to communicate opening with your business partner. If you have any issues, you should be able to discuss them and work them out. If you are unable to communicate with your partner, your working relationship may begin to crumble.
Running a business often brings a lot of stress. Try not to take your stress out on your partner. This could result in long term damage to your business and personal relationship. Working with a partner may be difficult at times, however, it can also help your business grow and succeed. Lonny Bernath is an experienced business owner and entrepreneur. He has been the sole owner of businesses and he has worked with partners.