Best online business model to start with a partner?

Hi, i work with online stuff for a while but now i have a friend that is getting into it. Id like to start an online business with him but as i worked aways alone im not sure what is the best option to start with a partner.

Anybody here work with one or more business partners? If so please help me have some ideas of good IM business to work in this situation.

Thanks

kind of a weird question. cant you use your experience of internet marketing solo to think of something ?

Learn from my experience and don't. Don't partner up unless it's 101% necessary and if it is be sure you're not the one who pays for your venture.

u can hire a friend to work but if u partnerup most will take advantage n u cant do nothing about it.

If u trust ur friend toomuch n hes a hard worker who will share ur loss n profit then may be uve found a good counterpart.

if you got the skills and your friend don't, ask him/her to put up the cash for content, link building and such.... and train him/her in the process

Panoush said:

kind of a weird question. cant you use your experience of internet marketing solo to think of something ?

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Yes when i started to think about it i realized its kinda wired that i dont know what to do if i have somebody working with me, but i really dont lol.

whiteogreguy said:

Learn from my experience and don't. Don't partner up unless it's 101% necessary and if it is be sure you're not the one who pays for your venture.

Click to expand...

I get your point, actually i have some projects that i work alone going but the main thing i started this thread is to have some ideas of things that could really work working in double instead of alone, i aways wanted to work alone and actually because my friends dont even know what internet marketing is, but now im willing to try something new and start a project with a IRL friend. Lets see if i can came with something good.

This is some messy s#it. Partners only if fall into an inferno with you. Otherwise their just somebody you pay to get a job done.

Not trying to be negative or anything,but I have bad experience from joint ventures like this one.
Even if you're best friends business is business and has nothing to do with firendship.
I'd recommend you to really think if you want to have this guy for a partner because of his skills/capital or whatever or only because he is your friend
and you want to team up with him.
Not even mentioning that you can end up losing your friend if something goes wrong down the road...


I have partnered with a friend and started dropshipping site,almost 100% of the time we were not on the same opinion and the store was not getting any ROI at all.

If you really want to pick it I'd suggest go with Youtube or create a website in a niche that you both have interest in.

But whatever you do,please don't go for e-Commerce!

Good luck in your journey anyway!

Why would you want to work with a partner, especially if he isn't bringing anything to the table?
Unless he has skills you can utilise, a partnership probably isn't a good idea at this stage.
If you want to work with someone then just hire him as an employee and train him to do the tasks that take time but aren't necessarily profitable.

pay them a wage or split them the revenue depending on how much their work contributes to the bottom line.
but sounds like they are absolutely green. if that's true it's not even worth paying. consider an "unpaid internship" where they are paid in experience.
hiring friends is never a good idea. help them set up their own site/business for free. that will filter them quick if they are serious.

i tried to get many friends into IM, but only if I hear them complaining about finances.
90% don't care for it. the remainder that try, will give up the minute things get tough and don't see instant results. so many are simply not cut out for this kind of work.
for the few that took me up on the offer, i helped them set up their own site and bring in revenue. anywhere from $30-300 a day depending on the work ethic involved. you would think they would be grateful and stick with it, or grow into more methods. they never do.

i've also read stories on bhw of people who wanted to help friends. one guy trained his friend on his method. his friend scaled the method hard, became his biggest competitor, and knocked the OP out of the running. they weren't friends after that.