My business partner and I just can't agree - here's what to do
dollhouse: design studio
Fun fact: Blue is widely associated with trust and reliability in branding, which is why it is one of the most commonly used colors in industries like tech and finance.
The issue:
Your business partner, Agnes, can't seem to agree on decisions. In other words, neither of you wants to give in.
Let's say you and Agnes co-own a design studio together.
An example:
Agnes wants to offer discounts to customers. You feel that this gives your design studio a less premium feel and also undermines the time and effort it takes to create your designs.
Neither of you want to give in - you believe your decision is definitely better than the other person's. You don't know how to compromise here - you either give discounts or you don't.
Two hidden costs:
- Your start to question is your partner is truly compatible with you.
- You begin to avoid discussing ideas, choosing to brainstorm on your own to avoid conflict early on.
The reasons:
Here are the reasons why you and Agnes can't agree (and/or):
- You have different fundamental goals or visions for your business.
- You're not yet seeing the underlying motives for each of your decisions.
- You're each trying to assert a sense of control and power, whether consciously or unconsciously.
Your quick fix (honoring autonomy):
Your goal is to figure out the main, core motivation behind each person's decision.
Our decisions and desires are driven by underlying values. By understanding those values, we can find a common bridge between them, not just between the surface-level wants.
- Can you figure the deeper value behind why Agnes wants to offer discounts and why you don't?
- Is there another separate value that you both can agree to focus on without conflicting with either of your deeper values?
If YES, you can make compromises.
If NO, you have a fundamental incompatibility - your core values are different.
Mending your partnership:
Book a consultation with Valerie.
Vetting for the future:
If you are searching for a business partner in the future, first figure out what their core values are and if they align with yours.
This will ensure that you can make decisions from alignment.