friends yb

Very often we come across friends starting businesses, forming partnership firms. Some of them develop into great businesses and some die soon. Reasons for prosperity as well as failure are numerous. Here is a beautiful article by Shri Jeff Cornwall, Director, Belmont University Center for Enterpreneurship. http://forum.belmont.edu/cornwall/archives/002329.html In addition to the guidelines given by Mr. Jeff Cornwall, I wish to add the following precautions: 1. Better to start businesses only with longstanding tested friends , say of more than five years relationship. Care should be taken while entering into partnerships with class mates/school mates/college mates who shifted to other places for some years and have come back in a new incarnation. They might have acquired new habits, beliefs, ethics and work methods. We have to again spend one or two years with them studying their habits. 2. Better to reproduce every term and condition into writing . Oral agreements can...

Karl Marx and Friedrich Engels the authors of the Communist Manifesto, were good friends. Though somewhat a cliche owing to overuse in English, the proverb, "A friend in need is a friend indeed", literally holds good in the friendship of Marx and Angels. Here is a link to their abridged biography: http://www.marxists.org/archive/riazanov/works/1927-ma/ch09.htm . There are some adverse reports about the friendship of Marx and Angeles on the inter-net. This area needs greater analysis and search. David Riazanov's KARL MARX and FREDERICK ENGELS An Introduction to Their Lives and Work I quote from it: "...He (Engels) had also been aiding Marx for whom the first years of the International were again years of bitter poverty. Were it not for the help he obtained from Engels and the small inheritance which was left to him by his old friend, Wilhelm Wolff, to whom he had dedicated his Capital, Marx would hardly have been able to overcome penury and he sur...