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7 Things You Should NEVER Say to a Business Owner You Want to Partner With

October 16, 2025 By Teri Monroe Leave a Comment

things you shouldn't say to a business owner you want to partner with

Partnerships can help you expand your business or destroy your reputation. If you want to approach a business owner about combining forces, your words are important. Maybe even more important than your pitch deck. Ideas will only take you so far. Instead, you have to build trust. One wrong sentence can signal arrogance, unreliability, or a lack of understanding about what real collaboration requires. Here are the phrases that can end partnerships before they begin.

1. “We’ll figure out the details later.”

Are you disorganized? This line screams that you are. Vague promises won’t impress entrepreneurs. The most successful entrepreneurs have clear processes and structure. Deals without defined roles, equity splits, or expectations often collapse under confusion. Written agreements that are clear are essential. If you’re serious, come prepared with a framework. It’s a sign of respect for their time and consideration.

2. “I just need your connections.”

This is an instant red flag. It signals that you just want access, not their expertise or contribution. Strong partnerships form around shared goals, not opportunism. Instead, detail how you will add value to the partnership and the shared benefits. Partnerships work best when both sides feel equally respected.

3. “We can split profits 50/50—it’s only fair.”

50/50 splits probably aren’t the best approach. It sounds equitable, but often isn’t. Equal splits can create resentment if one partner invests more time, capital, or risk. Structure equity around contribution and accountability. Don’t start a partnership based on assumptions about fairness. They often end in legal or emotional fallout.

4. “I’ve got a great idea—you just have to handle execution.”

Anyone can have a good idea. But the best entrepreneurs know how to execute. When you pitch this way, you imply you want them to do the heavy lifting while you benefit. Business owners hear that you don’t want to roll up your sleeves. Successful collaborations demand shared effort and skin in the game. If you have a good idea, back it up with capital, expertise, or commitment.

5. “You’re lucky I thought of you first.”

This statement is full of ego. Instead, approach the meeting with gratitude. Entrepreneurs are approached constantly, so you may actually be lucky that they are hearing your pitch. Humility is key to professional influence. Show that you recognize their strengths and that you’ve done your homework.

6. “Let’s just trust each other—we don’t need contracts.”

Well, that’s a fast track to disaster. Verbal agreements may feel friendly, but they leave both sides exposed. A written contract isn’t a sign of distrust. Instead, it’s a safeguard for everyone involved. You should outline terms in writing, including responsibilities, exit clauses, and ownership.

7. “This will be easy money.”

No seasoned business owner believes that money is easy. Every venture involves risk, setbacks, and sweat equity. Overselling simplicity suggests inexperience or unrealistic expectations. Having realistic discussions about effort, profit timelines, and obstacles is much more valuable. Savvy partners prefer solid math over blind optimism.

Choose Words That Build, Not Break, Partnerships

Business owners respect preparation, humility, and transparency. The way you speak reveals your mindset, and whether you’re someone worth investing in. Approach with clarity, show your value, and treat every discussion like the start of something that could last years. The right words can turn a meeting into a legacy.

Have you ever had a partnership fall apart over poor communication? Share your story or lesson learned in the comments.

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Teri Monroe Headshot
Teri Monroe

Teri Monroe started her career in communications working for local government and nonprofits. Today, she is a freelance finance and lifestyle writer and small business owner. In her spare time, she loves golfing with her husband, taking her dog Milo on long walks, and playing pickleball with friends.

Filed Under: Entrepreneurship Tagged With: business partnerships, collaboration, communication, entrepreneurship, leadership, negotiation, small business

Why Most Advice on Course Creation Will Cost You More Than It Makes

August 19, 2025 By Teri Monroe Leave a Comment

online course creation
Image Source: 123rf.com

Course creation is marketed as an easy, passive income dream. You’ve probably seen promises of six-figure launches, flashy funnels, and endless streams of students signing up. But the ugly truth is that following mainstream advice often costs more than it earns. Most experts want you to use expensive tools to create and market your course. To make money, you’ll have to be smarter. Here we’ll discuss course creation traps and how to make money on your course.

The Expensive Myths of Course Creation

Most “gurus” push tactics that require big spending on ads, expensive platforms, or complex funnels before you’ve validated your course. You don’t need to invest in pricey video equipment, editing teams, and platforms before you even have students. The truth of the matter is that you should start slowly. Simple tools like Zoom, Canva, or even a smartphone can get the job done at the start.

Why Cookie-Cutter Blueprints Fail

Many so-called experts want you to pay hundreds or thousands of dollars for their blueprints. They claim that their one-size-fits-all recipe for success will make you rich. But your audience, topic, and goals are unique, and copying someone else’s strategy rarely works. Remember, you probably know your audience and topic best. Have confidence that you don’t need fancy strategies to be successful.

The Hidden Price of Perfectionism

Another costly piece of advice is to spend months polishing your course before you ever try to sell it. Many creators burn time scripting every word, editing videos, and creating workbooks, only to find out their course idea doesn’t resonate. That time could have been used to pre-sell or test the concept with a small group. Don’t slow your own progress by chasing perfection.

What Actually Works When Building a Course

The smarter path to profitable course creation starts very lean. Instead of building the entire course up front, test your idea by pre-selling it to a small audience. If people are willing to pay before it’s finished, you’ve validated demand without risking thousands of dollars. Use minimal tools and focus on delivering value instead of chasing perfection. Once you know the idea works, you can invest more confidently in upgrades, ads, and branding. With this approach, your course funds itself instead of draining your bank account.

Making Course Creation Work for You

Most advice on course creation will cost you more than it makes because it’s designed to sell you someone else’s system. This will not help you profit. By avoiding myths, resisting perfectionism, and testing ideas early, you can build a course that earns instead of burns cash. The key is staying lean, validating fast, and scaling only when you know your students are ready to buy. Done right, course creation can be profitable, sustainable, and impactful. Done wrong, it’s just another expensive hobby.

What questions do you have about course creation? Let us know your thoughts in the comments.

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Teri Monroe Headshot
Teri Monroe

Teri Monroe started her career in communications working for local government and nonprofits. Today, she is a freelance finance and lifestyle writer and small business owner. In her spare time, she loves golfing with her husband, taking her dog Milo on long walks, and playing pickleball with friends.

Filed Under: General Finance Tagged With: course creation, digital products, entrepreneurship, online business, online learning, passive income

Help Your Teen’s Business Grow with Facebook

March 4, 2019 By MelissaB Leave a Comment

Often, teens want to make money without the commitment of a part-time job that may require them to work more hours than they can handle while also attending school and keeping up with homework.  Or, they may want to work for themselves, doing what they love or participating in sports, doing schoolwork, and searching for scholarships.  There are many reasons why a teen may not want a traditional part-time job as a cashier or a fast food employee.

Historically, these types of kids would rely on babysitting or lawn mowing jobs.  If they were particularly resourceful, they may try to start their own Etsy store.  However, the time to start an Etsy store, market it, create products, maintain customer relations, and ship out items can be intense.  Many teens don’t have time for that.

Luckily, teens can now use the power of social media to grow their own business and make money quickly on the timeline they set.

Selling What People Want on Facebook

Grow on Facebook
Grow Your Teen’s Business on Facebook

For instance, a young woman in our homeschool group needed to raise $2,000 for an upcoming mission trip she wanted to attend.  She offered to make cinnamon rolls ($20 for a 9×13 pan) and fudge ($8/lb.) for Valentine’s Day.  She shared on her own Facebook page, and her mom shared on her Facebook page.  Their family and friends quickly responded by placing orders over the next week.  Within two weeks, she had made the money that she needed, and she had happy customers who had homemade sweet treats for Valentine’s Day.

Another teen in our group makes balloon animals.  She offered to make balloon flamingos attached to a container of chocolate for Valentine’s Day for $8.  She got over 25 orders and made a nice profit.

Recently, her mom set up a Facebook business page for her daughter to promote her business.  This young lady, who is still not even in high school, routinely is hired to make balloons at children’s birthday parties.  Now she has a page to promote her work by showing the balloon styles she can make and showing examples of what she does at parties.  This job can grow into a nice part-time income, especially when she is in high school and college.

Business Can Jump From Facebook to Friends’ Friends

While Facebook may be a great way for teens to start their business, it also gives them much needed exposure.  For instance, when the young lady above is working at a birthday party for a friend her mom has on Facebook, other moms at the party will ask about her services.  These women have no connection to her or her mom, but the magic of word-of-mouth referrals has begun.  Between Facebook and word-of-mouth referrals, she will likely keep very busy.

We’ve all heard the stories of teens who become YouTube celebrities and make thousands of dollars.  That likely won’t happen with the majority of kids.

However, thanks to social media, your child can grow a nice part-time business, especially if they advertise a product or skill that people want to their and their parents’ Facebook page, where people already know and trust them.

Do you have an entrepreneurial teenager?  If so, how do you help support their endeavors?  How do they usually find their clients?

MelissaB
MelissaB

Melissa is a writer and virtual assistant. She earned her Master’s from Southern Illinois University, and her Bachelor’s in English from the University of Michigan. When she’s not working, you can find her homeschooling her kids, reading a good book, or cooking. She resides in New York, where she loves the natural beauty of the area.

www.momsplans.com/

Filed Under: Children, Married Money Tagged With: business, entrepreneur, entrepreneurship, facebook, teen business

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