Thursday, June 18th, 2020

Strong/Weak

“Weakness of attitude becomes weakness of character.” – Albert Einstein

Take a close look at your partner (owner) group.

What I hope you see is a balanced group. In some firms, all partners appear to be very similar. They went to the same schools, they live in the same suburb, they drive similar cars and even their family lives appear to be very similar.

In the office, I hope they are diverse. Partners become partners because they can’t possibly know everything themselves.

Of course, mid to large size firms have an audit partner, a tax partner, a business valuation partner, etc. But look a little deeper. Do they have a partner who cannot possibly have a tough conversation with an employee? That’s okay if they have a partner who is very at ease at giving bad news or critical feedback. Do they have a partner that is a strong negotiator where other partners are not?

A successful partner group has members who are strong where others are weak, partners who are weak where others are strong. It applies to technical expertise and also to personal behaviors.

  • "Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time."
  • Thomas Edison

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