WWYD Goal systems (See the WWYD scenario)
Carol spoke to each of them separately to help facilitate a JV. Bob’s goals were so defined and detailed that they stood almost no chance of succeeding. Al was conflicted, vague, and uncommitted.
Bob wanted a formal partnership with an org chart (himself at the top — though his real talent was in marketing) and funded in advance with a $150,000 contribution from each partner.
Al seemed to want the opposite. He wanted to keep his present job as long as possible, even if that meant going slower with — no formal commitment and no cash contribution. He wanted to be able to get out easily.
What would you do if you were Carol?
- Advise them to soldier on and give it a shot. Start having meetings and develop a business plan or prototype, and use that experience to make a more informed decision.
- Walk away. The differences are too wide.
- Align goals. Give them a strict time limit