Had my first taste of how difficult it is to develop business partnerships.
One of the things on my to-do list when I resigned from my previous job was to explore 2 possible business opportunities. The first one was quite straight forward, to look at enhancing an existing F&B outlet. That one did not go far because the person I wanted to work together with had decided to go into retirement later this year.
The next one was more ambitious. To kick start a new lifestyle business of active aging. I was talking about this for a number of years and thought that the timing was ripe to introduce this concept into my country. There were a lot of variables and moving parts to nail down. I needed to bring in partners that would compliment each other and like a jigsaw puzzle, bring this all together successfully in order to pull it off.
We had a few months of active discussion for the partners to size each other up and to prepare for the next stage. Sadly, the persons I brought in could not see eye to eye on certain critical issues. Rather than have impossible internal friction and deadlocks in the future, it was decided yesterday that this joint venture should not proceed further.
I guess I would have to go into plan B now and look for a real job soon. I had promised my better half that I needed a 6 months break from work to explore alternate opportunities. Now that 4 months have passed and I have completed most of my to-do list, I should try to send out my CVs soon. LinkedIn will be my best friend in the coming weeks…
Leave a Reply