Subtitle

A personal look at the trails and triumphs of creating a business from the ground up; of starting a business selling what you create.

Friday, December 12, 2014

End of a Partnership

I've delayed writing about this for months. Literally, delayed writing,not just posting. I am only now putting words together. First, I was kind of lost and didn't know what to do. Then I didn't know how to explain what felt like a failure. Now, I only hesitate because I don't want to seem like I'm badmouthing anyone when my intention is only to update and share my experience.

Well from all of that you probably already know what I am about to say. My partnership with R is at an end. It was short but sweet. As a reminder, back in December I asked R to partner with me in the creation and running if an event planning business. They agreed and we excitedly embarked on this new venture. For the first few months if this year we met often, brainstorming and business building. 

Jason Eppink (Flickr)
Then we hit a bit of a snag on my end due to traveling for my day job (like Japan for a month, then LA and Pasadena for another month). Then I got sick and then they got sick and suddenly we haven't met, updated, or anything for months. I buckled down ans tried to get our rhythm back. Our first talk about funding seemed to make R wary. Neither of us are so financially stable enough to carry a new business but we had options to explore, being minority women looking to open our first small business.

Unfortunately from there things fell apart and after a month or two R told me it was probably bet that I go on with the business without her. I was left with a huge feeling of uncertainty since I had been unsure about going into business by myself before which was why I asked R to join me. Also, the way she worded her 'decision' left me unsure as to whether she was completely out of it or not. Lastly, we had spent quite a lot of time coming up with our business plan and other business ideas together. I didn't know if it was ethical to continue with those plans rather than starting from scratch with something that was completely my own.

So, I put it all in the back of my mind and let it percolate. I did talk to a few others to get their opinions and add that to the pot. This all happened back in July. And though I am still unsure about what rights I have to the plans we made, I know I can get a professional opinion about that, and I feel now that I can go on and start a business on my own.