If you're considering a business partner for your company, then it's essential to find the person that balances out your personality. Just because you have a like-minded friend in the industry doesn't mean you'll make excellent partners. Instead, you need to consider your strengths and find a business partner that fills in the blanks.
Start by determining which of the 8 personalities fit you. For example, if you struggle with making decisions, then finding a decision-maker will benefit your business the most. Whereas, if risk scares you, then a risk taker personality balances you out and provides the road to profitable growth.
Once you've decided which type of person makes the best partner, then look at your prospects. Cross off anyone that you haven't known for at least a year. Then double check to ensure that your core values are comparable to each other. While you can differ on opinions, you want to have similar ideals.
Determining your perfect business partner takes time, but once you get to the end, then it's as simple as writing up the contract. Strike a balance by partnering with a fellow entrepreneur that complements your personality.