The Mechanism of Successful Partnership - Part II / by Alexander Lyadov

To analyze partnership, the metaphor of a ratchet mechanism is essential (read part I here).

The ratchet consists of two parts, each performing different functions: Development and Stabilization. Without a wheel, there would be no forward movement. And without a pawl, the wheel would spin chaotically from side to side. Together, they enable the ratchet to move exclusively forward.

Development makes no sense without Stabilization. But the reverse is also true - when the speed of movement slows down, fixation of achievements becomes absurd. By adhering to the ratchet's global goal, they simultaneously reveal their true purpose.

It's not mechanisms that make businesses, but living individuals who often forget why they came together. As a result, the local goals of one partner start dominating over the business's global goals. It's easy to imagine what would happen to the ratchet if the pawl starts hating the endless commotion of the wheel and tries to get rid of it. Or conversely, if the wheel starts getting annoyed that someone is restricting its freedom.

Unfortunately, this is exactly what happens in reality. As a CEO, co-founder, investor, and now a business therapist, I've witnessed and experienced countless partnerships, both successful and failed. Often, the reason lies in one partner's illusion that the achieved business results are solely due to the function they passionately serve. They believe that their partner is holding them back from realizing their potential and that of the business.

The problem is that from the local position of an individual element in the system, it appears to be true. The pawl indeed restricts the wheel's degrees of freedom. In turn, the wheel constantly jerks the pawl, denying it the desired rest. Both elements should create tension in each other since they inherently gravitate toward different things. That's why the other partner can be perceived as a hindrance or a threat. This is inevitable, and therefore, normal. The mistake occurs when the analysis stops at this point.

Fortunately, humans are not cast-iron components and can rise above the local context. Conflict begins to dissipate like fog when a partner remembers their meta-goal - to maximize the business's value and fulfill the company's mission. If you truly want to achieve the global goal, it is much easier to accept the necessity of forming an alliance with someone so different from yourself.

Moreover, by regularly meditating on the business as a whole, you will gradually begin to feel grateful that fate has brought you together with a partner who complements you so well. The other partner allows you to focus on what brings you meaning and joy. You just need to negotiate the rules of the game carefully from the very beginning and regularly revise them as the context changes. We'll discuss how to do it right sometime in the future.

Yours sincerely,

-Alexander


You can help Ukraine defend itself and the World from Russian aggression here.


”Who are you and what do you do?"
As a business therapist, I help tech founders quickly solve dilemmas at the intersection of business and personality, and boost company value as a result.

"I have an important business decision to make. Can you help me?
Reserve a time on my calendar that is convenient for you to meet with me. We'll clarify your request and discuss options for how you can help.