The problem with Partner1 during
the turbulence was bad enough. Failed projects add more to the damage. It was freaking hard handling all of them. Especially when I don't really have anyone else to back me up. I tried my best to solve them all but I failed to do so.
I assume you've read about
the turbulence. In this post, I'll share some stories about the projects that failed. I don't have plenty of them to share though. There are only two of them which I believed to have great effect on my small business. One of them was the reason why I decided to drop my partnership with Partner1.
In both projects, I served as a sub-contractor. I worked for another Information Technology (IT) company which in turn worked for their respective clients. This is a common method in software development where an IT company would outsource their work to another (read: smaller) IT company.
In the first project (read: project D'oh), the super-contractor can't pay me. They claimed that their client was having financial problems due to global crisis. Hence they didn't receive enough payment from their client to pay me. This is a shocking fact for me because I thought the super-contractor would pay me regardless.
It seems that kind of situation is common. If my super-contractor doesn't get payed then neither do I. You might not find this stated in legal contract but that's just the way things go. I tried lobbying for several times but it was a dead end. In the end, I can't help but to accept the "cruel" fate.
Next project (read: project Damn) was quite similar. I also didn't get any payments. However, the reason was a bit different. The project was going quite smooth until I decided to break up with Partner1. It is within this project that I decided to quit working with Partner1.
During that time, the super-contractor was not satisfied. It seems Partner1 can't work it out with the super-contractor after I left. In the end, the super-contractor contact me directly. They offered me to take over the development. Partner1 was eventually left out of the project.
I took the offer but that would also mean a new contract. It was obvious that I would be involved with another round of negotiation with the super-contractor. To make long story short, the negotiation failed. We couldn't reach an agreement. Both of us stand firm on what we requested. Again I have to accept the "cruel" fate.
To tell you the truth, the situation was much more complicated; especially with project Damn. Telling the details would result in a much, much, much longer post than this one. Besides, the point of writing this post was to show you the damage instead of the process.
The damage was huge. Kinda like how an earthquake would bring down a straw hut. Both projects played a crucial part in my survival as an entrepreneur. I tried other alternatives, but the income from those two projects was what I rely on the most. Losing both projects was devastating.
At that point, I realized my partnership with Partner1 didn't bring me anything except plenty of lessons to learn. I immediately did a comprehensive review of the steps I took during that partnership. What went wrong? What was the cause of them? Where did I make mistake? How should I prevent them from happening in the future? There are plenty of questions that I ask to myself so that I don't have to be trapped in the same spot anymore.
I kept on going. Creating new partnership, opening new project opportunities, surviving the harsh life of entrepreneurship up until I met Partner3. We immediately got ourselves a new project. I was in charge of managing the project development. This is my chance to get back and regain what I've lost to this date.
However, starting up for the second time was hard. The fact is I'm already exhausted. I lost everything I've invested in my partnership with Partner1. Starting up with Partner3 was not going to be easy. Nevertheless, I took the chance and see what will come in the future.