"A Partnership Charter is like a short course on
how to create and
manage a team of professional or business partners."
David Gage, Ph.D., Principal
BMC Associates
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Readers Comments
Readers of The Partnership Charter: How To Start Out Right with
Your New Business Partnership (Or Fix the One You're In) have responded
enthusiastically. Many have shared their thoughts on Amazon.com or in letters
to the author. The following is a sampling of reaction.
Rolf Dobelli
(Luzern Switzerland) February 8, 2007 This is a top-notch book - nicely written,
smartly organized, and easy to follow and understand. It
provides insightful information, telling case histories, useful checklists
and exercises, and even includes a fully developed "Partnership Charter" in
the appendix. Author David Gage offers an inside view of partnerships, and
his case studies make the text a pleasure to read. More importantly, he shows
you how to create a partnership charter that will function as your enterprise's
Magna Carta in the years to come. If you are planning a partnership, we advise
you to study this expert presentation first. You will save yourself a lot
of trouble.
Brett Netherton,Cayce,
SC January 4, 2007 This author has done a masterful job of presenting a topic
that is not talked about enough. Partnerships are
hard, but how to make them easier and better is a subject that needs to be
taught and discussed much more. As an avid reader, this book has been more
timely and helpful to me as a partner is a successful small business than any
other book, hands down.
Nance Schick(New
York, NY) January 3, 2007 One of my clients referred me to this book, and I now recommend
it to all of my small business clients. It is
perfect for developing partnerships of any type, including business, strategic
and personal partnerships. It has helped me frame my vision for a number of
projects, and I will continue to refer to it.
T. Booth,
(Davis, CA) November 10, 2006 I've been regularly informed that its not a matter of
if, but rather when your partnership will fail. David Gage
starts out warning the reader about business partnerships and makes you take
stock and check your head if really do need a partner or not. Ultimately, this
book develops a framework for setting expectations and creating lines of communication
up front for a successful long-term partnership. The real-world examples, years
of experience and clear, concise straight-up language makes this a great read.
The unspoken expectations of a business partnership are no more! Buy this book
and read it thoroughly.
Pamela Burgess,
November 5, 2006 This is an excellent book if you're thinking about forming a partnership
(as I was.) It's all about communication, with
yourself and with your prospective partner as you define your business and
discuss your plan. Easy to read, logical, great tips. I used some of the topics
in the book as part of an outline for discussion between my partner and I during
a formal retreat we took before we opened our business. You don't have to read
the whole book, just skim, but the basic premise of the book - communication
- is solid advice.
D. Haviland,
Management Consultant, June 12, 2006 I am a management consultant that helps companies
with growth, and work with 3 partners in my firm. We developed
a partnership agreement, but, as the company has developed, it has lacked depth
in thinking through how we continue to work together as circumstances have
changed. Gage's book provides a structure and process by which this would not
happen -- i.e., partners have a better discussion at the start of the partnership
(or whenever it is needed/wanted -- we'll be having one soon) that enables
them to better plan for what might happen and create a framework for bringing
these issues up when they need to be discussed. This is a terrific book because
it provides background and context, as well as practical, actionable advice.
And it is useful for people considering, in, or dissolving a partnership.
Bill Crowe,
Attorney(Atlanta) September 9, 2006 Just wanted to say what a good book I think this is. Most
small business owners today (primarily the younger
ones) are ordering their "Incorporation package" or "LLC package" online.
So they are getting no counseling at all upon set-up. Just a few years ago,
if such owners were lucky, they might have had an opportunity to sit down with
a wise lawyer or accountant before entering into a relationship. If they were
really lucky, it was an older lawyer that had seen some of these start-ups
being given a (somewhat) respectable funeral in the bankruptcy courts (or worse).
I see the issues mentioned on page 29 constantly in my practice. As these issues
have to eventually get pinned down for tax compliance and other reasons, the
sparks tend to really start flying (about a year and a half into it). I found
the book in our public library completely by accident and I will begin to recommend
it wholeheartedly.
Eitan Grunwald,
Business Advisor(Roosevelt, NJ) May 1, 2006 As a business advisor I'm constantly looking
for tools to help my clients, and this is the best one
I've found for partnerships. Gage's book explains how to defuse potentially
explosive issues by detecting them in advance using a positive and creative
process. While the underlying concepts make perfect sense --- addressing compatibility,
on multiple levels, before there's a crisis --- what really impressed me was
the practical, systematic approach to identifying and working on these issues.
The author's depth of experience and expertise is made easily accessible by
his clear, jargon-free style of writing. Not a panacea --- these are realistic
suggestions that require commitment and work --- but worth the effort if you
want to improve the chances for a successful partnership.
Brian A. Thomas
November 18, 2005 This book is a must read if you are considering forming or have formed
a partnership. If you don’t read this book before
or after you have started a partnership it is likely to be the most expensive
business decision you make. I found this book extremely helpful and the author's
consultation very informative as well…. Don't sit there reading this
review - read the book.
C. K. Owens,
Medical Professional(Florida) November 6, 2005 After reading this well written, easily
read, book, I ordered seven more copies for friends and
associates. Any one in a partnership or contemplating a partnership should
read this.
Virginia Wilmerding,
Consultant and Author of Smart Women and Small Business October 12, 2005 I
came across this book in the small business section of the
library, and once I had read it, decided I needed to purchase a copy for my
permanent collection. I have been through the partnership anguish described
in the book, and I wish I'd found the book earlier because I think my partner
and I may have had a chance at working things out had we followed Gage's advice.
Moreover, I am writing a book on women and small business, including a section
about how natural and helpful it is to take on a business partner. I plan to
refer to and recommend Gage's book in my own. The Partnership Charter is insightful,
useful, and well written. In a very professional way, Gage tackles one of the
most vexing challenges of small businesses: they are personality-driven. I
won't pretend that implementation of his advice is easy, but at least you'll
have a roadmap that helps you and your partner to reduce the risks, get to
know each other better, and give it your collective best shot.
Eve Benton
Bund, Business Consultant and Business Owner(Washington DC) August 11, 2005 I read The Partnership
Charter as I was about to enter into a partnership
to start a business requiring large amounts of startup capital, which I had
almost, finished raising. Upon reading this great book, I realized that my
partner was not the one to do this venture with and I pulled out at the last
minute. I thank David and this book for saving me from a great deal of anguish
and aggravation. Had I entered into this partnership, I would have ended up
doing the lion's share of the work and would have had to break up the partnership.
Eric Weiner,
Therapist and Family Business Advisor(Wisconsin) July 27, 2005 Despite the need for partnerships
in business, little is actually taught in
how to go about it in a careful and thoughtful manner. David Gage addresses
this as he offers a short course and a concrete tool in how to be a business
partner. Gage uses his skills and talents as a mediator in an easy to read
manner. Many examples illuminate how the model works in real life. Those most
likely to benefit are people in business. I think too that mental health professionals
who wish to work in business and organizational settings will benefit from
reading this book.
Dori (Virginia)
April 29, 2005 The Partnership Charter contains all of the elements needed to start
a partnership out right, or to mend one that has been
sidetracked. Most of the Partnership Charter framework is also transferable
to other relationships, e.g., teams in a business setting. The systematic approach
to discussing issues such as values and expectations accelerates the ability
to work together effectively, and to create better long-term relationships.
I highly recommend this book to anyone who is working to establish better working
relationships in a small group setting, be it in a partnership, or in a team
environment.
“
Audio Junky” April 26, 2005 I've been in partnerships for over 10 years.
Due to some recent issues that have come up, I was looking for some insight.
This book was the ticket! Well written, interesting, solid business wisdom,
and relevant case studies. You can't spend a better 12 bucks if you are in
a partnership.
Susan Phillips,
Seoul, South Korea October 25, 2004 I was surprised at how easy this book was to read.
The subject matter could have become dry, but David
Gage provides so many interesting examples that I was curious to continue reading.
Half way through the book, I was also struck by how this is more than just
about how to form a business partnership. There is some good advice here on
all kinds of partnerships, including marriage and any other endeavor that requires
you to work with different personalities. I'd recommend to anyone that was
thinking about starting a business with another person, something that often
involves a heavy time and/or financial commitment, to take the time to read
this short book. I found the example Charter in the back especially useful.
Bill Robinson,
ManagementConsultant,Charleston, SC October 16, 2004 Reading this book
is one of the best ways that I can imagine to start or fine-tune
a partnership. Its concise and well written yet comprehensively covers
the issues partners need to address before they become problems. The examples
and anecdotes are incisive and reflect practical experience in fixing
the
disasters
Dr. Gage would like us to avoid. Follow the directions in this book and
avoid the bad accidents.
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