Avoid Bad Business Partners
Many people try to establish a Business Partnership with somebody and they get taken advantage of and screwed over! People are too trusting and naive and believe that a friend or relative is not going to take advantage of them or harm them. But no one can be trusted in business. No one.
Be careful and alert and aware of everything that you see, experience, and hear from your potential business partner or business partner. Look for the red flags that warn that something is wrong and that you are about to be taken advantage of.
Know what steps to take to protect your financial interests and determine whether or not your business partner is a scammer! Know what to do to protect yourself and your financial interests. Establishing a Business Partnership is very serious and challenging.
I got scammed and screwed over by my Business Partner. Do not become someone's financial victim. I got taken advantage of and betrayed by someone who I knew for most of my life! Imagine that. We were really good friends. I mean really awesome friends.
He used to be a true friend who would take me everywhere and invite me everywhere and defend me from everyone. He would lift up my self-esteem and lift my spirits. Then he betrayed me and turned on me. And I never saw it coming. Never.
I was deceived little by little. I was vulnerable because I fully trusted him due to our Best Friendship. He used that against me. It was a very secretive and subtle economic agenda. I will share with you what happened.
He proposed to me a Business Partnership with a Business Goal that was convincing and realistic and achievable. Everything made sense. So we started working on the Business Goal. But something minority was always wrong: he would not meet up with me often to work on the Business Goal.
I spent countless hours researching the Business Industry and Business Plan we were working on by myself and he would only meet up with me sometimes. At first he would regularly work on the Business Objective with me and we would do the work together. Then he started coming to work on the Financial Goal less and less until he would only rarely show up to work with me.
Me being naive and ignorant and dumb I continued to research the business even though he did not show up and suddenly I had all the information I needed. The time had come when we needed to start putting money into the business. He refused to put in a single cent into the Business Goal.
I still did not want to see how things were because I was dealing with my Best Friend. But as months and months passed by and then two years went by and he still did not want to put any money into the business I realized everything. I came to terms with how things were. My Best friend had betrayed me !!!
I finally had to admit that my best friend and business partner turned on me. That did a lot of harm to me and my spirit. I decided to protect myself and ended my Business Partnership with him and sent him a "Notice of Business Partnership Termination" informing him that our financial partnership was over.
I at last also ended my friendship with him. I just did what I had to do.
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