The Millionaire Mind Support Network

Forming Winning Partnerships — Part Two

30th April 2008

Forming Winning Partnerships — Part Two

How Can I Help You, Help Me — Help You?

We graduates, who have just returned from the recent Millionaire Mind Intensive, found ourselves in a partnership-rich environment. Our eyes were opened to new opportunities that involve other folks — ‘Partnerships’ of some type or another. These strategic alliances could involve vendor relationships, sub-contracting opportunities, network marketing opportunities, joint ventures, and all permeations in between.

The current economic climate encourages building a core group of long-term businesses relationships. The ability to build and maintain successful partnerships, gives our business ventures a competitive edge, and enables us to pull away from the pack and reach financial freedom more quickly.

Well-structured, professional alliances offer new approaches to doing business. Those familiar with the ‘Master Mind’ principles shared in Napoleon Hill’s, ‘Think and Grow Rich’, might call it the tried and true, “smart way of doing business. A successful partnership can actually form a ‘third mind’ to enhance the management of both ventures. This extended, management team shares information in an environment of trust to reach mutually beneficial business solutions. Winning partnerships are designed to create a positive atmosphere, improved communication and foster a problem-solving attitude among a group of individuals who will support each other’s success.

The benefits of successful partnerships go beyond preventing disputes, to improved communication, increased quality and efficiency, on-time performance, a fair profit and prompt payment for contracted work. ‘Win-Win Partnerships’ seek to create a positive, cooperative attitude that leads to long-term relationships based on quality and service.

To create this attitude, each party must seek to understand the goals, objectives, and needs of the others — their win situation— and seek ways that these objectives can overlap.

Components of a Winning Partnership

  • Sharing common goals and information to meet the needs.
  • Clear expectations on booth sides for a better working relationship.
  • Trust and dependability.
  • Commitment to Continuous Process Improvement.
  • Agreeing to be accountable for the choices made.
  • Courage to openly approach and resolve difficulties.
  • Respect for and understanding of each other’s requirements and boundaries.

The Synergy of a Winning Partnership is more than the sum of its parts.

The environment created by adopting the components of a Winning Partnership is one of trust, mutual understanding and open communication, that leads to profitable ways to exploit opportunities. The US economy is in a general down turn. That does not mean the current business climate will affect us negatively. Great fortunes have been built in pervious down turns There is always an opening for those who know how to spot and capitalize on less than obvious opportunities.

Government agencies, prime contractors and other Fortune 500 companies are being faced with budget cuts, staff cuts and generally having to make do with less. The use ‘winning partnerships’ can ensure the best use of existing resources, reduce waste and make the best use of staff. The wise use of partnerships can help any organization manage risk and target which areas will allow the highest improvement and the sharpest competitive edge.

The Law of Attraction and Winning Partnerships

Focus your attention on giving your strategic partners and your customers the highest level of quality support and be willing and open to receive that same level of support from your partners and customers. Add value to every level of your personal and professional relationships.

WEALTH PRINCIPLE:

The Law of Income: You will be paid in direct proportion to the value you deliver according to the marketplace

Mark Victor Hansen at T. Harv Eker’s Seminar

In our next Millionaire Mind Support Network™ Blog we’ll continue to discuss structuring Winning Partnerships.

Copyright © Millionaire Minds, LLC 2008
This Blog is extrapolated from, “The Quality Partnership™ Facilitating New, Effective, More Profitable Relationships, © 1993, H. Sandra Chevalier-Batik — presented at the 1993 EPA HUB Procurement Conference. All writings here are copyrighted. You may not use them without written permission but you may link to the posts or give out a link to the posts. And remember, You Have a Millionaire Mind!

posted in Communications, Entrepreneurship, Partnership Blueprint | 0 Comments


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