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Which is better to start a small project or to enter a successful project as a partner?

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Question added by Lamya Adam , Front Desk Team Leader , Mariott
Date Posted: 2015/07/30
Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

It depends upon your needs, demands, requirements and your interest & inclination towards either side. People who have faith in their abilities, opt for a project to handle by themselves alone. Others prefer to have partners. 

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

Benefits realisation management (BRM) (also benefits management or benefits realisation) is one of the many ways of managing how time and resources are invested into making desirable changes. The popularity of BRM grew in the UK with the inclusion of BRM by the UK Government in their standardised approach to programmes, Managing Successful Programmes (MSP).[1] BRM practices aim to ensure the alignment between project outcomes and business strategies and has been shown to increase project success across different countries and industries.[2] The Project Management Institute (PMI) identified that only one in five organisations report high maturity in Benefits Realisation.[3] "If value is to be created and sustained, benefits need to be actively managed through the whole investment lifecycle. From describing and selecting the investment, through programme scoping and design, delivery of the programme to create the capability and execution of the business changes required to utilise that capability, and the operation and eventual retirement of the resulting assets. Unfortunately, this is rarely the case."

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

I agree with the experts answers ...... Thank you......

Ibrahim Hussein Mayaleh
by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed

The decision depends on many factors including your experience, resources, feasibility of the small project, success probabilities of the small project, ....

Perhaps, having your own project may give you more freedom and challenges but it remains risky. 

I agreed with the expert answers. Thanks

Kader Hasan Maraicar
by Kader Hasan Maraicar , Executive Assistant , Noor Enterprises

In one perspective:

A know devil is better than an unknown angel!

so better partner in to a successful project unless you have no confidence in your own start up

 

Yaqoub Alomar
by Yaqoub Alomar , Civil Engineer , Al-Zubeir municipality

I would prefer Personal until it is stable and appreciable. You can make it open source whenever you want.This decision is also dependent on the things you want to with your project. ask a few questions to yourself

  1. Am I looking to earn money out of it?
  2. Is my project a proprietary research work? Am I comfortable disclosing it?
  3. Is the project helpful to majority? If not who would be the users?
  4. Is the project using some third party license, what license conditions apply on my project?
  5. Will this project be owned by any company or an individual? if company what the partners/investors think?

Elke Woofter
by Elke Woofter , Project Assistant , American Technical Associates

I agree with Mr. Ibrahim Hussein Mayaleh.... it all depends on your experience, if you have non, start out with a small project ... proof to yourself that you can handle things thrown at you successfully and learning from your mistakes.

I have seen any person coming from school or no experience will get an offer as a partner in a firm ...unless  your family owns it ...

I have seen the son and daughter taking over their fathers successful Engineering office... both did work at other places before they were given the key's to the business ... all through both did know it or rather learned it when they were working in the office during their Semester breaks.

Than I have seen the a major stockholder or an English Corporation putting his son into high positions in to other holdings ... Daddy took care of any problems.....

 

 

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Depends on your risk appetite.

Ahmed Montasser Hasan Ibraheem Farag
by Ahmed Montasser Hasan Ibraheem Farag , Project Manager , Rawafed Tech

Thanks for invitation, and I am really sorry for my late, because I were  had a lot of work.

محمد حرسي
by محمد حرسي , مدير مدرسة أساسية , spark elementary and kindergarten

starting a startup is one of the toughest things you will ever do, Don't do it alone don't spend too much time talking to yourself about it, and echo of your own voice is dangerus  thing.

always remember it good to have your own small pie but to have share in a bigger pie is more promising

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