Partner Principle

Almost all unicorns use partnerships. Likewise, it is not uncommon for disputes between partners to cause significant losses to a business. A good partnership can accelerate the growth of a business, while a bad partnership is a bomb that may explode at any time. David Gage, a famous American business consultant, is dedicated to mediating partner disputes. He has learned enough experience and lessons from hundreds of various cases to summarize this basic guide for establishing, starting and sustaining the development of a partnership. This book does not shy away from sensitive topics such as personal style, values, and equity distribution in partnerships, and clearly points out the sources of potential conflicts among partners and how to resolve them. The book recommends that before establishing a partnership, partners must sign a "Partnership Principles", lay out all possible problems in black and white, and jointly agree on solutions to protect the partnership. This "Partnership Principles" is detailed and complicated, but it is indispensable. The specific clauses and the reasons for setting this clause are all explained in detail in the book, which is a necessary and practical framework for partnership enterprises.