Harvard Study Says Friendship and Business Don’t Mix: Tips For Picking the Perfect New Jersey Business Partner
by Dan Brecher on July 5, 2012
A new paper from Harvard University suggests that friends don’t make the best business partners. In fact, simply having too much in common can impact the success of a New York or New Jersey business partnership, the study finds.
Researchers looked at what venture capitalists look for in a partner and what types of partnerships are most likely to succeed. As The Atlantic reports, partners with a lot of personal characteristics in common tended to be much less successful than those who went into business together based solely on skills and talent.
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