I normally shy away from partnerships.
Mainly because it involves sharing not only the successes of your partner, but also the inevitable failures – failures to execute, produce, live up to expectations – beyond your span of control.
I have had successful partnerships – but a lot more unsuccessful ones.
Sometimes the risks outweigh the benefits – and sometimes you have no choice but to create a partnership (scarcity of resources, timeliness to market, access to information).
And sometimes – sometimes it just works to everyone’s benefit.
So, I’ve learned never to say never.
But I always go into a partnership hoping for the best but expecting the worst.
Or at least, expecting to be disappointed.