Your partners and/or shareholders can make, or break, you.
Phitidis gave advice on getting the right people on board.
The discussion happens in the context of shareholder shenanigans at Group 5 as well as Cell C and its BEE partner.
He also spoke about two business he met earlier in the week, and how shareholder spats are hurting a lot of businesses.
For more detail; listen to the interview in the audio below (and/or scroll down for quotes from it).
Is it purely about the money? Then you’d like to line up two or three or four debts…— Pavlo Phitids, Aurik Business Accelerator
You want someone ‘same-same, but different’.— Pavlo Phitids, Aurik Business Accelerator
Blood is, honestly, not thicker than water!— Pavlo Phitids, Aurik Business Accelerator
When partners fight, you lose the best people working for you, because it creates a terrible environment.— Pavlo Phitids, Aurik Business Accelerator
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