Successful Partnerships

The Economist has recently published a short piece examining the ingredients of successful business partnerings. In describing successful partnerings, like those of Warren Buffet and Charlie Munger (Berkshire Hathaway); Michael Eisner and Frank Wells (Disney); and Bill Gates and Paul Allen/Steve Ballmer (Microsoft), the article describes characteristics of successful business partnerings as follows:

"Partners need to be able to trust each other absolutely. . . . Partners also need to possess a delicate balance between similarities and differences. A striking number of successful partners combine similar backgrounds with very different attitudes to fame."

The Economist focuses on one surprising business combination that has worked for more than forty years -- that of Mick Jagger and Keith Richards. To read more about the successful Rolling Stones combination of Jagger and Richards, check out the article here.