Harvard Study Says Friendship and Business Don’t Mix: Tips For Picking the Perfect New Jersey Business Partner

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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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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Daniel Brecher, Scarinci Hollenbeck | Attorney Advertising

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