If you think of any of the world’s most successful companies you will realize that they were the product of a great partnership. You need to know that when it comes to entrepreneurial duos that have had a really huge impact on the modern business landscape, therefore, producing many of the biggest names that we know and love today. Most people usually ask themselves what makes this duo’s successful and why do they succeed while else others fail. When it comes to these partnerships they usually come from diverse origins. You will find that some usually emerge from childhood friendships while else others are a little bit more ad-hoc whereby the two people discover that they have a mutual passion. What one needs to know is that most of these partnerships are based on complementary skills, and there is no set formula.
When Larry Page and Sergey Brin founded Google back in 1998 there was no guarantee that they would even succeed. They were already firmly established players in the market such as Yahoo and AltaVista who had vied for clicks in the nascent search markets. It was surprising because brin and page went from success to success. Both were based at Stanford University, and the two Ph.D. students had an enormous interest when it came to computer science. Although it is believed that they bickered all the time, this resulted to them improving their products and developing one of the first link based search algorithm in the world. The best thing is that the two loved computers very much and they had a similar vision of what they wanted to achieve when it came to their company. Both men realized early on that they were more academics than business professionals. The two did not know how to grow a company from scratch Therefore they accepted their weakness and recognized the need of hiring an expert who could help when it came to the process, and that is why they hired eric’s Schmidt who is known as a seasoned business veteran, and up to today he continues to help develop the company.
Another partnership that worked with between bill gates and Paul Allen. You should know that conflicts between directors occur due to various reasons such as physical and intellectual property, product direction and company finance. Post you know that when it comes to bill gates and Paul Allen they were always in conflict over this issues but the good thing is that they were childhood friends there for this trusted each other in a way that many business leaders and that is one of the most important thing in business.