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Strategic Partnerships: How do I approach a potential partner who could build the feature themselves instead of partnering with me?
PS
PS
Peter Simoons, Executive Coach & Strategic Alliance Mentor answered:

Partnerships are about creating a win/win situation. Companies are in general open to partnering when you have to offer something that will allow them to win together with you in the market in an easier way than when they do it all alone.

From that perspective start with looking at the potential partners out there and define which one of them have the best fit with your company culture and product portfolio. Go for this low hanging fruit and approach those partners first. Decide if you will ask them to sign an NDA or not.

Partner selection and creating partnerships can be guarded by contracts but on the other hand trust is essential. If there is no fit and no trust then contracts won't help you to create a healthy relationship. Have a look at my 4-step guide to partner selection, it might be helpful: https://gumroad.com/l/cMyfD

Happy to jump on a call to dive deeper into this with you.

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