Many people want to do business with colleagues because of proximity. It seems fun if you can run a business with a friend you already know.

However, be careful when choosing business partners. Many businesses fail because they choose the wrong business partner. Not all of your friends can be told to build a business together.

If we are digging friends to do business, try to pay attention to a number of these things so that the business can be successful and the friendship relationship is maintained.

7 Tips for Success in Building a Business with Friends

1. Friends Who Are Friends

We better not just choose a business partner according to how long we know him. Some colleagues have long been identified, but you don’t feel close. There is a new colleague, but you feel close.

Of not a few of your friends, choose partners who are genuinely friends, namely friends. People who treat us like friends and so do they. The friendship that continues to be a business relationship will be guaranteed.

Because friends are more trustworthy, he can be invited to have fun together and suffer together. Especially when the business is down, he will stay with you to rise from failure.

2. Connected and comfortable friends

If we don’t build a business with friends, you can look for other partners. However, choose those who already have chemistry, that is, partners who are under us characterfully.

You and he certainly have some differences, both in terms of background, nature, and behavior. However, when you interact with it, you can feel “connected.” We are comfortable with him and discuss with him.

Undoubtedly, we and colleagues who have “connected” and are comfortable will be able to complement each other. You can adapt to the differences between each other so that the business can run smoothly.

3. Determine Joint Vision and Mission

You and your business partner must have the same goals and targets. Try talking about what you want and what he wants. Then take a decision together to equalize that will.

Make sure there are no single destinations or targets, and different plans. Match the vision and goals in the business that you want to reach and do. Make and take a joint commitment. That way, business relationships will not be damaged because of differences in principles and interests.

4. For Roles and Responsibilities

Building a business with colleagues must be professional. Share roles in business. For example, who takes care of the financial element, who is in marketing, who is in the operational aspect, and so on.

Although running a business together, each person must find a clear role so that you can know the responsibilities of each task well.

5. Manage Capital and Profit Sharing

Pay attention to business capital. Determine the number of joint venture capital in each person from the start of the business. Do not let conflict occur because of money problems.

If the business is run together, then capital can be divided into two where every 50 percent. Likewise with profit sharing. So that business finance can be managed clearly, and each party can feel fair.

6. Create an Agreement Letter

No matter how close our relationship with friends is, we need to create an agreement letter signed on the stamp. Letters of agreement based on the law will build a professionally shackled business relationship.

Remember that business is business. Business must have a robust legal umbrella so that business partnership relationships are more dangerous. Later, contracts can be renewed, for example when there is an increase in capital and business that is growing.

7. Keep Communication When There Are Problems

His name is human, of course, one day he will be at loggerheads. Business is indeed not always smooth. There are when there are not a few problems that will test the durability of the business.

For that, make sure there are no parties to cover the problem. Business must be transparent. Keep communication in all conditions. Talk carefully about personal and business issues. Focus on exploring solutions and solving problems together.

Well, that’s tips on building a business with friends. Hopefully, we can pursue the right friends to do business. Do not just choose, because if our business partners have problems, then we will be challenging to grow your business. We better do business alone than together with the wrong person.

If we pay attention, many entrepreneurs are unsuccessful and give up quickly on the business they are running. Maybe you feel it too? Want to give up and claim defeat in the atmosphere and then live a life like so many people?

Naturally, if you think like that because indeed being an entrepreneur is not as easy as the motivator mentioned, starting it is easy but to survive, it requires a little sacrifice. And among the leading causes of the success of an entrepreneur is from within itself in the form of a “mindset” or mindset.

The mindset is a measure of the strength of an entrepreneur in taking control of the business being run. We need to develop your mindset so that your business can survive and grow.

Now I will channel five mindsets that you must have as an entrepreneur;

1. Dare to Take Risks

This is what we must put into mind in your mind. An entrepreneur is someone who dares to take risks by assuming optimism in advance that the business can certainly be achieved, positively not optimistic blind, you need to learn the risks first and the strategy to make them.

Why are not many successful people doing business? Because there are not many people who dare to take risks, you have to go into it.

2. Looking for New Opportunities

To keep the wheel of business going smoothly, mindset is always exploring new opportunities is the mindset that must be owned by each entrepreneur. Many people limit their skills and potential by merely stopping at one point. An entrepreneur needs to be sensitive to the opportunities that come and then pick up those opportunities if they are well planned.

Entrepreneurs who are not so sweet and resigned are waiting for the opportunity to come, and they are actively establishing relationships with not a few parties to explore the gold field opportunities that they can work on.

That’s why people who succeed in doing business on average have not a few sources of income, not only from one business tap because they are observant in witnessing opportunities.

3. Action Oriented

An entrepreneur/entrepreneur focuses on actions and executions not only stop at ideas. Many people are trapped in fear and stop only at the aide, and the reason is that it is not perfect, then first, and many other loser arguments.

A true entrepreneur prefers to step first and perfect while walking. Because if at the beginning it had been about to be perfect, then the business would not have happened. Because the business always feels a change to lead to goodness. Do what we can, we can’t wait too long for the word “perfect.”

4. Study continuously

One reason for an entrepreneur to fail quickly is to feel satisfied with the knowledge he has at the moment to the point that he does not want to learn and slowly unwittingly catches up with the different and then lags and dies.

A successful entrepreneur is a valid learner. He does not often learn to keep on upgrading his head. Because they realize the best investment is the neck up, not the appearance.

That is why Steve Jobs once spoke, “stay hungry stay foolish” so that we are not satisfied with the knowledge we already have.

5. Great Vision

Vision is the goals and ideals of each company. The higher the vision that is owned, the greater the obstacles that will be faced to reach all of these visions.

From here, you need a mature strategy in preparation for us to face obstacles that might occur in the future.

Embed these five mindsets into your mind so that you can succeed in business. Maybe useful.

Perth is one of the major cities in the Kangaroo State, Australia. Located in Western Australia, Perth is often referred to as a very isolated city in the world. This elemental country is thousands of kilometers apart from Sydney (3,291 km), Adelaide (2,104 km), Brisbane (3,604 km) and Canberra (3,106 km).

Compared to many large cities, Perth is even closer to Jakarta, which is 3,002 km and to Denpasar, Bali 2,584 km. The close distance to Denpasar, Perth residents, prefer to vacation in Bali rather than having to fly to Sydney or Melbourne.

Likewise, many Indonesians also live in Perth, study and work in Perth for many years, but still hold an Indonesian passport.

One of the Indonesians who lived and worked in Perth was Rudianto. This man born in Sampang, Madura, June 16, 1970, has lived in Perth for dozens of years.

To live his life in the Kangaroo country, Rudianto chose to run a culinary business of Indonesian specialties. Rudi ended the opening of Bintang Cafe Restaurant in the Victoria Park area. A restaurant that specializes in Indonesian halal food. Starting from satay, fried rice, soup until rendang is found in this location.

Expensive Rent Doesn’t Stop to Expand

“My culinary business was opened in 2005, Alhamdulillah was held until now,” said Rudianto reported by the Jambi Ekspress (Jawa Pos Group), Tuesday (12/12).

He said, from one open, the restaurant had gained confidence in the hearts of the Indonesian people in Perth. For the business, there is no legal problem, but to manage the most severe operational activities daily.

“Like the rental location in my area, Victoria Park ranges from Rp. 35 million to Rp. 150 million per month,” he explained.

Rudi explained, just for the salary of cooks around Rp. 250,000 per hour. However, on Sundays or public holidays can be increased to Rp. 500,000 per hour and 10 percent above that, the money for employee pension funds must be paid.

“That is a small number, not to mention VAT, state taxes and personal taxes. However, you should not be afraid to speculate. Every business must not have a significant immediate, and all must be initiated from the start.

Hobby to Play Fish Hunter Game Helped as Additional Income

Fish Hunter Game popularity has risen since last year, especially the one that produced by Joker Gaming. High-End graphic makes this game also reach millennial audience. In Indonesia, it’s called tembak ikan online which can be played from desktop and mobile phone. This game will convert your high score to real money and can help as additional income to your business.

Not only Indonesian citizens who live in Perth as well as a traveler from Indonesia who is not uncommon to Bintang Cafe, but the Indonesian Consulate General also will not often order food if there is an official event.

“This has just delivered an order to the Indonesian Consulate General. There are guests of PTIK (Police Science College) from Indonesia,” he said.

The area of his administration is Victoria City Park. Victoria Park is divided into branches of three original eastern arterial roads including the Canning Highway, Albany Highway, Causeway Bridge, and the Greater East Highway. The trail connects Victoria Park to the city, which is approximately 3 km northwest. Therefore, this location is most strategic as a business location.

This area seems to be the exclusive culinary location of Southeast Asian food. Next to Bintang Cafe, in one complex there are unique restaurants from Indonesia’s neighboring countries, like Thailand and Malaysia.

Entrepreneurship is an option for the community besides working as an office employee. Indeed, the level of income stability from the entrepreneurial sector is not as stable as that obtained by all employees. But it can be far more than merely waiting for a monthly salary.

Even so, doing entrepreneurship does not necessarily ensure success. Before enjoying success, a large number of entrepreneurs in this country, even in the world, would have felt failure.

Instead of giving up, they can face failure in entrepreneurship by turning it into a success. Of course, it is not an easy thing to get up from failure. Because of course there is hard work, struggle, and sweat to be able to achieve success.

To help you become a successful entrepreneur, we provide 8 techniques to deal with failure in entrepreneurship.

1. Positive Thinking

This point is very urgent and will be the foundation of your method to face collapse. A positive mindset must be kept as dense and difficult as any failure.

By always thinking positively, then you will have the opportunity to find a solution to the challenges that come. Indeed nothing is exciting about a failure. But if you recognize failure as a fruit of your own mistakes, this will make it easier for you to get a solution.

By thinking positively you will avoid trying to blame different people or situations that occur.

When we prefer to blame others, then you will be approached with stress. This condition will inhibit the mind in pursuing another path to achieve success.

2. Discover the Causes of Failure

If the mind can continue to be maintained remain positive, then you will undoubtedly be more facilitated to deal with failure in entrepreneurship.
With a clearer and more open-minded situation, explore the root cause or the leading cause of failure of the business that we live. Search and find the primary source in the innermost layer, not only in the outermost layer.
In general, the source of this failure can come from internal and external matters — internal factors like poor management or labor that is not competent enough.

While external things can be due to increasingly fierce competition or suppliers who cannot consistently deliver orders.
Arrange the arrangement of things that are not going around correctly. So we know of course what must be raised or improved.

3. Evaluate

After understanding what the cause of your business failure is, it is time to do an evaluation. Why do these things cause failure? Is there anything else that supports this failure?

Make a priority scale in working on evaluations. See what factors must be immediately evaluated and what may be delayed.
This priority scale will make it easier for you to do the right actions for the problems at hand.

Remember, you should never explore assessments in a full-minded situation. Calm the mind before we begin evaluating. Solving problems in full mind situations will only stimulate stress and depression.
Because it is a good idea to cool off for a moment. So that our minds and hearts are more relaxed and ready to face the next obstacle in completing failure.

4. Looking for New Opportunities

Finding new opportunities here is a way to resolve failures and find ways to develop in a better direction. You can keep struggling to correct mistakes that have been made. You can also look for new ways that may not be related to problems or errors that occur.

So, after making an assessment, you will know whether the effort that is being carried out can still be continued or not. If it is even considered feasible, immediately work on repairs and monitor it continuously should not be repeated the same mistake.

If indeed it is deemed inappropriate to continue, you can try to explore new fortunes from other businesses. It is not impossible, in the new business the success you will get.

5. Do Mature Planning

This is the positive side of failure. You will know that what we planned before turned out to be inapplicable in your business.

Thus, we can also make plans that are far more mature for the same effort.
To face failure in entrepreneurship, careful planning is needed. You can start by watching the points of failure.

From there it is then developed to become a framework for the next plan.
Make a plan as detailed and as mature as possible. Try to have no chance for failure to disrupt the project.

You can anticipate it if you know what the cause of failure is and then make a thorough assessment.

6. Focus on the Target

In creating a plan, of course, there will be targets that you want to reach. Therefore, try to always concentrate on that target. Always imagine this target each time we go through the effort to become an encouragement and guard so that you do not deviate from the path that must be taken.

Because, in not a few cases of failure of entrepreneurship, plans that have been established in such a way cannot run well due to an insufficient concentration of all business actors.

They are not infrequently tempted to refract from the plan on the way.
If this is the case, then you will only again enjoy failure. Therefore, concentrate on the target and try as much as possible to reach the expected goal.

7. Recognize Potential

When you start a new plan from your business, it is not uncommon to open your eyes and ears from new potentials that arise. Both the potential to develop a more extensive business, even the potential for interference that can make our plans cannot go well.

Recognizing the potential that will be present is the right technique to deal with failure in entrepreneurship. So that you can anticipate early so that the negative potential that is present is not a significant disruption to your plan.

For the positive potential that we encounter, make this business a way to work on innovation.

As long as the innovations made can have a positive effect on the plans that have been made, you can continue to incorporate these positive potentials.

8. Get New Motivation

Failure is not a business that must keep being regretted. Instead, failure must be made a new spirit to achieve success. Therefore, we must not let ourselves be lingered by failure.

Failure is not something that must be feared but must be faced. Always learning from mistakes is our key in escorting each attitude to failure.
When you indicate an unyielding spirit, success is undoubtedly waiting for you at the end of the road.

Remember, failure is delayed success. So, you can’t let yourself dissolve in failure. Get up quickly to achieve the image of being a successful entrepreneur.

There is no successful person without passing failure. Because behind each success there are indeed not a few failures. Because when faced with defeat in entrepreneurship, it should not immediately despair.

Don’t make failure a bad thing and make you hopeless. Spend all your share of failure. Then success will immediately appear before your eyes.