Questions

Do you know if it is viable to work with a remote business partner when running an e-commerce business? Both partners have had really strong experience and success. The timeline of events are as followed; - A business partners lease ran out in Melbourne - The partner then was going to buy real-estate in Melbourne but decided to move to Korea quite abruptly with no real warning - The reason behind the Korea move is because it is cheaper - The partner wants to go there for 4 months during the startup phase of the business - If the partner has decided to do this now, what is the likelihood of them doing this again in 2-3 years - The end goal is to build an 8 figure business within 4 years which is achievable with the track record all partners have had An e-commerce business can definitely be run off a laptop but our questions are. > Is it really viable? >Will it be harder to bounce ideas and be innovative? > What objections can you see for this situation? > Will this kill momentum? > What are your immediate concerns?

"Mutual benefit" is the main idea, must be in the mind for every step of the designing of the partnership.

There is no certainty of viability, need many factors for consideration


Answered 5 years ago

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