If you want to become a certified scuba diver, they will teach you the importance of always diving with a buddy. Having a dive buddy is much safer than going alone, they will tell you. The reason is obvious; there will be someone there to look out for you if something goes wrong or if you need help.
The whole concept of a dive buddy is not just good for you, it's good for your buddy also. But if you want to become a certified scuba diver, they will teach you something else, also. If something goes wrong and you approach to help but your dive buddy is panicking and flailing about,
trying to grab your regulator out of your mouth, they will teach you to back off and wait for him to calm down before you go back in to help. One dead diver, they will tell you, is better than two dead divers.
For better or for worse, the same is true in any partnership. In a business partnership, for example, it is important for both partners to be fully committed to the partnership and be willing to help the other when necessary. But if one partner is constantly panicking and pulling the other partner down, then it may be better to let the partnership die instead of letting the business die.
Better one dead partner than two dead partners...and everyone else you take down with you.
but it does sound like a very interesting gig. It would definitely be an experience of a lifetime if you get cast.
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Trust would be the quintessential factor that dictates the course of a partnership. The diving analogy is pretty much the perfect scenario. If anyone in the partnership caves in to pressure or personal agenda, a total dissolve of a solid and logical action will occur, and panic and paranoia will be injected. It's easy for me to say that one needs to set aside personal preferences in order to formulate prudent decisions, but in reality, no 2 individuals have the exact amount of tolerance.
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Trust would be the quintessential factor that dictates the course of a partnership. The diving analogy is pretty much the perfect scenario. If anyone in the partnership caves in to pressure or personal agenda, a total dissolve of a solid and logical action will occur, and panic and paranoia will be injected. It's easy for me to say that one needs to set aside personal preferences in order to formulate prudent decisions, but in reality, no 2 individuals have the exact amount of tolerance.
Posted by: Darius Cartmell | 04/05/2011 at 12:05 AM
As my friend learned at the greatest cost a dive buddy who is back in the boat when you are in trouble is no use at all. A dive buddy has to look out for you at all times just as your business buddy does too. Your buddy should be challenging your decisions, making you look at a problem or your business' development from angles may be you haven't looked at or are too close to see. That way, hopefully, there won't need to be a choice about which 'anybody' to save.
Posted by: Glenda Shawley | 01/22/2011 at 08:26 AM
Hi Simon Your post reminded me of a past employer who took on a partner in his Veterinary practice without really knowing this person. One year later, things were not going well as the new partner was not holding up his end of the deal. The partnership ended but not without alot of bad feelings. He had no choice but end the partnership because he had to think about his practice and his family.I feel bad for him still because even after almost 4 years he is still working hard to build his practice back to where it once was. But he is a survivor and thats what counts. He is also great Veterinarian and friend.
Posted by: Veda Horner | 01/21/2011 at 04:25 PM
Simon, great post and analogy. As a diver and business owner I propose that the choice is extremely difficult. All too often a choice that is made far too late in the business life cycle to "save anybody". So, how can business owners make the choice at the right time so that there is something and someone left to save?
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