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Dacey Rankins

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2025-12-01 14:46:04 -

Structuring Roles, Responsibilities, and Decision-Making in a Partnership
Introduction: Why Structure Matters More Than Most Partners Realize One of the most common reasons business partnerships fail is not money, not skill gaps, and not lack of opportunity — it’s unclear roles, undefined responsibilities, and confusing decision-making processes. When partners don’t know who’s responsible for what, tensions rise, inefficiencies grow, and...

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Dacey Rankins

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2025-04-30 12:57:09 -

Do I Need a Co-founder?
One of the first decisions many entrepreneurs face when starting a business is whether to go it alone or bring on a co-founder. While it's entirely possible to build a successful company solo, having a co-founder can offer significant benefits—especially in the early, uncertain stages of a startup. The Case for Having a Co-founder 1. Complementary SkillsNo one is good at everything. A...

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Dacey Rankins

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2025-12-01 15:12:50 -

How Do We Manage Communication and Collaboration in a Partnership?
A business partnership is one of the most powerful forms of collaboration — but also one of the most fragile. Two (or more) people join forces, blend skills, share risks, and build something together that they couldn’t build alone. But what ultimately determines whether the partnership succeeds is not the business idea, not the market, and not even the funding. What determines...

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Dacey Rankins

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2025-11-17 18:34:08 -

What Is the Role of Business Development in Startups vs. Established Companies?
Introduction Business development (BizDev) plays a vital role in the growth, sustainability and competitive position of any organization. But what business development means — and how it is executed — varies significantly depending on whether a company is a startup, a scaling company, or a large established enterprise. Many people mistakenly think BizDev is simply sales,...

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