Partnership Gone Bad

Ben asks what the best way is to dissolve a bad business partnership and move on. Dave says it's probably a complicated answer.

QUESTION: Ben on Facebook asks what the best way is to dissolve a bad business partnership and move on. Dave says it’s probably a complicated answer.

ANSWER: That’s probably a complicated answer because it’s probably a complicated situation.

I have discovered in those situations that it is usually not worth whatever money you think you’re due—up to certain amounts anyway. I would let them have, like, almost everything if they would just sign off and you can go away. That’s the big thing. Be very, very generous and get out of the mess so you can get on with your life because getting on with your life has great value economically.