COLLABORATION. HERE’S WHY YOU NEED TO GET WITH THE PROGRAM
Have you always been the one-man gang type of person? you may need to rethink that. No man is an island and even the good book spells out that “Five of you will chase a hundred, and a hundred of you will chase ten thousand, and your enemies will fall by the sword before you (NIV). Swords! That sounds scary but no one is wielding any sword, we are simply talking about the power of synergy and collaboration.
Cоllаbоrаtіоn enhances your ability to buіld аllіаnсеѕ and make success more certain.
If you ever thought collaboration had a lot of disadvantages to offer then you need to see these reasons below;
Collaboration widens your network
If running your business solely has made you create a network of five then a collaboration will expose you to a network of fifteen people. Being successful in business requires that you consistently make connections and form alliances. Imagine how your business would dwindle if you continued to network with and sell to the same group over and over again. Not every contact makes way for a collaboration but it is essential that you become actively involved in the process of expanding your network.
It creates room for crowdsourcing
You have to agree that a hundred heads are better than fifty. Problems or challenges in business are going to more likely get solved in a quick space of time because you’re exposed to a widened source of solutions which you may tap into. The harder the problem is to solve, the more we can benefit from getting the input from someone outside of the situation.
You can double your budget while reducing cost
Collaboration has its fine way of splitting technical experience, intellectual contribution, hands-on work, and even expenses. If you collaborate with another business and part of the terms involve sharing development and marketing expenses, chances are that you can work on an increased budget and watch your cost reduce. It’s practical, it’s not magic.