226: How to say goodbye and break up with a business partner

226: How to say goodbye and break up with a business partner

[00:00:00]
Genecia Alluora: This episode is brought to you by ALLUORA, a Singapore brand trademark, the best seller in health and beauty in TikTok, Singapore. Number one skin brightening and dark spot serum. Get 10 % discount on your first purchase. And free shipping worldwide. Shop online at Alluora.com.

[00:00:20]
Genecia Alluora:Hi, I'm Genecia Alluora, founder of Soul Rich Woman, the number one leading female entrepreneur network in Southeast Asia, supporting 1 million women to own and love the F word. Fabulous, freedom, financial independence, and happy family. Alone, you are strong. Together, we are unstoppable. So go to soulrichwoman.com. Grab your free five day online program, Money and Me, how to get anything you desire. Welcome to my show.

[00:00:50]
Genecia Alluora: Hi, and welcome to another episode of Soul Why, secrets of the Soul Rich Woman blueprint. I'm honored to spend this time with you, no matter where you're listening, whether it's on your way to work or you're sitting in your office working on your business dreams, or even if you are driving around in the car with your kids, sleeping at the back of the backseat, I have been there many times. So I love seeing your pictures and videos of where you're listening to my podcast. Send those things to me. I love seeing it and I love hearing from you and your AHAs.

[00:01:30]
Genecia Alluora: Today I want to talk about how to break up with a business partner. Let's talk about a topic that many of you, including myself and many of us try to avoid. How to break up with a business partner. Breakups. Breaking up is tough in your personal life or in business. But you know that sometimes it's necessary. An healthy business and unhealthy business relationship can hurt you in more ways than one. Working with partners who don't contribute, or maybe who doesn't do the work, or maybe just isn't there, well, it's waste of time. And yet many of us find it very hard to let go. Rather than looking at the association as simply business, we, in fact most of us take it personally. Not to mention that breakups are super awkward. Here's an example. For one reason or another, you might stay with a service provider for longer than you should.

[00:02:39]
Genecia Alluora: In trying to avoid hurt feelings, you're hurting yourself and your business. But what if I told you that it doesn't have to be like this? It's true. You can end a relationship without any awkwardness or guilt. All it takes is just a little bit of mindset shift. First things first. You need to understand that there's nothing personal about a business breakup. The decision to stop working together doesn't have to mean that either of you did anything wrong. Instead, you should consider it as a completely normal part of growth. Your business has grown and flourished to the point where it's outgrown its service providers. This is absolutely okay. Or maybe because you have changed your business model, or the provider has changed their focus. Or maybe your direction is no longer aligned. Your purpose and your direction is no longer in line with each other. Or maybe they really did do something wrong. You can just choose not to work with them anymore.

[00:03:53]
Genecia Alluora: So whatever the reason, you know that you deserve to work with the best people you can find. So you work hard and you work so hard to build your business. Don't let a replaceable business relationship hold you back. You have a responsibility to do what's best for yourself and your business. Don't hesitate to end any relationship that's holding you back. I know it can be really awkward and tough, but trust me, I know that you are capable of standing your ground and breaking up with a business partner that doesn't fit your next stage of growth. Now, here are three ways to make it easier. Number one it's you. It's not you, it's me. It's not you, it's me. Have you said this to someone? Sure you have. It's not you, it's me. Now, this is the least painful way to break up if you don't want to hurt the other person's feelings. Here's an example of what you could say. Look, I really appreciate the work that you've done for me, and I thank you for helping me to get to where I am. I've just realized that my business needs are changing, so it would be best if this was our last session.

[00:05:13]
Genecia Alluora: See, as you can see, it's really not that hard. You can move on without offending the other provider or feeling any guilt. Number two complete honesty. As you have had a completely open relationship with your provider from the start, you might as well carry it out to the end. Ideally, everyone should be able to handle the truth. Hopefully, that's the case with your business partner. You don't have to come up with any excuses. You can just tell it as it is and move on. Unfortunately, there are many people who would rather not hear the truth. Listen to your gut when you decide whether honesty is the best policy. Number three short and sweet. Okay, maybe not that sweet, but short. Nevertheless. Sometimes you just have to remember that no is a complete sentence. Sometimes, by not speaking, their actions have already spoken. Hey, picking a poison and hoping that person will die is not going to happen, all right? So you can be firm and get the breakup over and done with. While all remaining professional and polite, you could say something like, hey, thank you for everything you've done for me so far. My situation has changed and we should discontinue this relationship. And we should discontinue our relationship. I wish you all the best.

[00:06:46]
Genecia Alluora: See? And that's it. Easy enough, don't you think? Well, this is your time, and you are ready for the next step. Remember, share with me your AHA moments today. Find me on TikTok, Instagram. Hey, write to me @geneciaalluora. Or just email me, hello@soulrichwoman.com. Okay, looking forward to hear from you. I love you and I'll speak to you soon. Bye for now.

[00:7:30]
Genecia Alluora: Hey gorgeous. I can help you to build your dreams. Now you can work with me in my Money Mindset coaching program and mastermind community, Soul Rich Woman. The more you surround yourself with inspiring, successful and supportive people, the more you'll feel safe to dream. Let's clear all the old stories, beliefs and sabotages that are stopping you, holding you back and making you go round and round in circles and not allowing you to create your soul rich life. Fabulous freedom, financial independence and a happy family. It's fun and practical that is soulrichwoman.com. Or simply email us at hello@soulrichwoman.com. So come and join us.

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