A few years ago we were broke university students. Living in a place of Eastern Europe nobody knows - Lithuania. Fast forward a few years, we’re founders of AdKings Agency. An industry-leading boutique eCommerce growth agency responsible for one of the fastest-growing US eCommerce brands and taking it from $0.5M to $26M in a single year without any external funding. Now we’re working on helping to grow and scale a dozen other eCommerce businesses to 8 or 9-figures. Managing over $18M in paid media ad spend a year and delving deep into sophisticated eCommerce exits, investments, and acquisitions world. Our world is intense, crazy, ever-changing, and challenging. This podcast is simple. Every week we, Darius, and Justin are going to open up our & our agency lives. We’re going to share behind the scenes insights about what makes our clients' businesses grow at the speed they are growing. We’re going to share our best-learned marketing methods, channel insights, and growth hacks that took us millions of dollars to figure out. And we’re going to open up insights from our client's business development strategies from operations management to raising capital that supported this growth. Nothing held back to help you transform your business into an 8 or even 9-figure powerhouse. Are you ready to click play? - Darius Kunca & Justin Gecevicius 👉 We're releasing new episodes every Monday, Wednesday & occasionally Friday.
Monday Jun 21, 2021
Business Partners: How To Make Sure You Grow (And Not Ruin) Your Business
Monday Jun 21, 2021
Monday Jun 21, 2021
Some partnerships can be beneficial, while others can be a complete catastrophe and ruin the momentum of a business. When the partnership is a right fit, it helps the business thrive. You have to choose wisely when determining a business partner, and hopefully the information in today’s episode will help you.
On this episode:
- The biggest issue of having a bad business partner.
- Who you should not create a business with and why.
- What your business partner needs to cover for you.
- Why the business partners behind AdKings Agency work together so well.
- Why so many business partnerships fail.
- What do you need to talk about with your potential business partners?
- Why you may need to have a pre-planned exit strategy.
- What having a partner or a few partners can help you with.
- Advice for testing out how well a partnership could work before you commit.
- The most difficult part of finding a partner.
- What most business partners are looking for in a new venture.
- How can you enter a business partnership in a prepared way?
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