{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Capital is plentiful, great business partners, not so much: with Clint Park","description":"Capital is plentiful, great partners or co-owners, not so much.  In this conversation, Clint Park is back to offer biblical perspective on how to add, when to add and who to add into your business as an ownership partner. What are the big mistakes to avoid and what principles can guide our thinking? We parse the potentials and pitfalls of co-owners and whether your business is ready to have additional owners.  Clint offers six ways to evaluate potential partners or co-owners, along with a wealth of wisdom drawn from God\u2019s Word.  If you have business partners or are considering that ownership path, you don\u2019t want to miss this conversation.    Conversation highlights:  \u2013What are the table stakes for Christians who are thinking about bringing in a new partner (owner) into their business or who are considering starting a new business with partners? \u2013If you want something to be done for God\u2019s glory you need to apply his principles.   \u2013A biblically and practically wise approach to forging partnerships.  \u2013The truth embedded in Psalm 24:1 and Job 41:11 (classic stewardship passages) inform how we view potential business partners\/co-owners.  Will the average non-Christian embrace these truths? \u2013The role of values alignment in selecting our partners can\u2019t be overstated.  Bonus pre-marriage advice too!  \u2013Why does traditional private equity have such a black eye?  \u2026perhaps because of a lack of values alignment.  Capital is not the best starting point for partnerships!   \u2013Capital has influence. Are you inviting conflict in your partnerships with other owners?   \u2013Evaluating partners: 1. Values alignment 2. Define the ideal steward 3. Completing your team & complementing your weaknesses \u2013We discuss how to evaluate character to ensure your future partner has the depth of character to be an effective partner.  \u2013What is forward stewardship? Why does it matter for the future of your business? \u2013What are the red flags of a partnership that is not going to work? \u2013Clint addresses a really tough issue: disentangling a partnership that is not working.   \u2013Faith integration will be stymied when your co-owners are not values and faith aligned.  \u2013Be ready to take the low place.  Luke 14:10-11   \u2013Belief drives values.  Values drive actions.     Continue the conversation:  Connect with Clint: https:\/\/www.linkedin.com\/in\/clintpark\/ Connect with Aaron: https:\/\/www.linkedin.com\/in\/aaron-groen\/ ","author_name":"Business On Purpose Conversations","author_url":"https:\/\/businessonpurposeconference.com\/podcast","html":"