How to Run a Business With a Partner
Having a business partner or co-founder can have its rewards and drawbacks. Jeremy Lyman and Paul Schlader, founders of Birch Coffee, the first green coffee shop in New York, have been business partners for years, and sat down with OPEN Forum to talk about their experience.
“I didn’t expect him to jump in and help, but he sort of invited himself into it,” Lyman says with a laugh. “It turned out to be the best business decision I ever made.”
Though Lyman knows it’s possible for people to run a successful business on their own, he can’t imagine things differently. “There is so much that we do,” he says. “Our business has turned into so much more; we have wholesale accounts, ice coffee jug accounts, a new store opening up on the Upper West Side soon. There are so many benefits to being able to work with someone. Sometimes I can’t imagine having done everything without someone else.”