TMBA 327: For Better or For Worse

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This week’s show is the second of a two part series in which Dan and Ian are speaking with the co-founder of Basecamp and creator of Ruby on Rails – David Heinemeier Hannson.

Today’s episode is about one of the most rewarding, but also potentially most complex, relationships you will ever have: that with your business partner.

You’ll hear about the origins, and development, of David’s collaboration with his co-partner Jason Fried, as well as some of Dan and Ian’s reflections about their longstanding working relationship.


Listen to this week’s show and learn:

  • How Jason and David met and how their business relationship started. (2:05)
  • Why equity conversations usually have to happen very early in the life cycle of a business. (6:20)
  • How David and Jason handle challenges in their business relationship. (8:00)
  • How the two of them have managed to stay excited about Basecamp by working on other projects. (14:00)
  • DHH’s thoughts on how an entreprenuer can create a new business in 2016. (16:15)

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Dan & Ian

Published on 03.10.16
  • Evaldas Miliauskas

    Nice take on partnership. I see it as the most trickiest thing in business and life as with any relationship its not easy to get it right, but once you get it – can be life changing. What I find it difficult is to see if someone is suitable to partner up with. @Dan, How did you knew your gonna be good fit partners with Ian?

    Regarding the Davids story, I think it can reasonable approach at least I feel in a similar situation where I create so much value that I couldn’t be replaceable to the business easily, then as mentioned already you have the negotiation leverage. Also that was a nice tip of having other options available which will increase your position as well.

    The last bit that struck me regarding virtual mentors. Sometimes its amazing how much you learn things on different subjects that are not directly your expertise from other people who are “indirectly” mentoring you. To that point where you can feel comfortable to discuss with someone who has the actual expertise. More than once I catch myself “where did I learn this from?”.

    Next show sounds very promising

  • thanks Evaldas thanks for listening… with Ian it was a matter of having a foundation of friendship in place first. We built that friendship by talking business and projects, but it wasn’t mere opportunism but we liked working together.

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