053 – Shawn McBride-Profit in Partnership

In this episode, KT and R. Shawn McBride discuss:

  • Multiple forms of partnership and how to make sure they will work
  • Don’t be afraid to talk about the contingency plans
  • The importance of getting it in writing – a handshake agreement isn’t typically a good idea
  • Ways to figure out if the partnership is actually working – to know if it’s a good partnership

Key Takeaways:

  • The key to a good partnership is understanding
  • Have the uncomfortable conversations early on
  • Discuss The 4 D’s: death, disability, divorce, disagreement
  • Do your due diligence up front, build it the right way.


“You don’t want to agree to agree in the future. That’s where the problems come in.”R. Shawn McBride


Connect with Shawn:

Twitter: @McBrideForBus

Website: mcbrideforbusiness.com

Website: planningdoneright.com

Book: Business Blunders!: 10 Dangerous Business Mistakes and How to Protect Your Business So It Can Thrive!

Book: It’s About Time: How to Do More of What Matters in the Time You Have

LinkedIn: www.linkedin.com/in/rshawnmcbride


Click here to reach KT  

See KT’s interview on C-Suite Network’s Best Seller TV

Connect with KT Thomas: http://ktsmoneymatters.com/

Purchase KT’s book- The Hardworking Woman’s Guide to Money 


Show Notes by Podcastologist: Chelsea Taylor-Sturkie

Audio production by Turnkey Podcast Productions. You’re the expert. Your podcast will prove it.



About the author, Kathleen

Kathleen Thomas, who often goes by KT, has over 25 years of experience in the financial services industry and understands the need for women to take control of their financial lives.

A Certified Investment Management Analyst, Chartered Life Underwriter, and Certified Financial Planner™ practitioner, Thomas earned her degrees in Finance and Political Science from Salem College.

Prior to founding NewDay Solutions, an independent Registered Advisor Firm, Thomas spent 20 years as a private wealth advisor for Ameriprise Financial Services. Many of her earliest clients continue to work with her.

Thomas is an avid long-distance runner and triathlon participant. She has completed the Boston Marathon seven times and the Ironman Distance Triathlon three times. She has volunteered as coach and mentor for Girls on the Run New Hampshire and Team in Training.

Raised in Newton, Massachusetts, Thomas now lives in Seabrook, New Hampshire, with her husband, John. They have one daughter.

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