BusinessPartnership
#RI-6ac08468·2 months ago·
3
“Partner kept changing profit split after work was done”
What Actually Happened
Partner's behavior changed my view of our partnership. She kept changing profit splits and wanted more for herself, even though we were 50/50 partners. She also encouraged contractors to find problems with properties to negotiate prices down, which felt dishonest to me.
What I wish I knew
"I wish I had negotiated a clear profit-sharing agreement before our first project. This would have avoided the misunderstandings and resentments that built up over time."
Advice to Someone Facing This Now
If I could tell you one thing
"Be very clear about profit-sharing agreements and expectations before starting a business partnership. Regularly review and discuss any changes to ensure everyone is on the same page."
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
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Business Category
518
Business decisions logged. Avg regret 4.8/10 across the category.
Same Outcome Band
28%
of Business decisions land in the severe band the same as this one.
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