36: How I Built 7-Figure Partnerships: What Every Scaling Business Needs to Know

17/06/2024 19 min Temporada 2 Episodio 36
36: How I Built 7-Figure Partnerships: What Every Scaling Business Needs to Know

Listen "36: How I Built 7-Figure Partnerships: What Every Scaling Business Needs to Know"

Episode Synopsis

In this episode, I delve into the intricacies of forming partnerships throughout the different stages of your business journey. From the experimenting phase to the scaling stage, learn more as I share my insights and experiences on identifying and cultivating collaborations that drive success. My goal is to provide you with the tools and knowledge to avoid common missteps and ensure your partnerships become assets, not liabilities.

Listen in as I cover the key strategies and considerations for forming effective partnerships, tailored to each stage of business development. Whether you're just starting out or ready to scale, these insights will help you navigate the complex world of business collaborations with confidence. 

Join me in this episode and learn how to build strong, strategic (and right collaborative) partnerships that will propel your business to new heights. Tune in! 

KEY POINTS:
- Three stages of business growth: Experimenting, Growing, and Scaling
- On maximizing exposure and growth for early-stage businesses
- How to refine your partnership criteria during the growth stage
- The importance of scaling with selectivity in partnerships to minimize risks 
- The necessity of having detailed partnership contracts
- Factors to consider in evaluating a potential business partner 
- On recognizing when it’s time to end a partnership 
- The need to evolve and adapt in building partnerships

QUOTES: 
"The reality is if you are not clear on the best approach to partnerships, you risk creating a partnership that's a liability, which isn't good for you or your business." – Dr. Erica Jordan-Thomas 

“You have to be willing to cut partnerships quickly that are not serving you. It's not personal, it's simply business, and there's a way to exit that relationship while centering the other person's humanity.” – Dr. Erica Jordan-Thomas 

RESOURCES:
[LIVE EVENT] Join us at Seven Figure Educator Live, our three-day event in Atlanta, Georgia, where you'll experience unparalleled content, community, and fellowship. Click HERE to grab your ticket now and let's make magic happen together in Atlanta! 

[FB COMMUNITY] Don't miss out on your chance to connect with other education consultants in our free public Facebook group! Click HERE and find your 7-Figure community today.

[GET LAUNCHED SCORECARD] Don't miss out on the chance to gain clarity on your stage of business with our Get Launched Consulting Scorecard! Click HERE to take the quiz and get actionable steps tailored to your business stage. 

Dr. Erica Jordan-Thomas 

IG | @e_jordanthomas
LinkedIn | @erica-jordan-thomas-ed-l-d-86314764 
Facebook | @EJTConsultingLLC 

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