The handshake that launched an exclusive 65-year partnership


READ ON PHILHSC.COM | READ TIME: 3 MINUTES | 7 MAY, 2025

Welcome to Partnership Wednesday #93 featuring a lesson, a thought, an answer, and a prompt to sharpen your partnership skills and help you confidently close 6-figure deals.


A LESSON TO BUILD ON

After quarrelling with the McDonald brothers, Ray Kroc bought the McDonald’s business, including the name and the now famous golden arches logo, in 1961 for $2.7 million. Six years earlier, Kroc shook hands with Coca-Cola. It wasn’t just a beverage choice, Kroc was locking in a growth partner. That handshake launched a 65-year exclusive partnership that scaled both companies into global icons. Coke piggybacked on McDonald’s global expansion. McDonald’s relied on Coke’s local bottlers to set up shop. Promotions like the Value Meals became cultural staples.

Leadership Lesson: Real partnerships are built on commitment. The most enduring alliances are those where both sides build each other’s business. Your future depends on your choice of partner. Choose wisely.


AN ANSWER TO HELP YOU MOVE FASTER

How do I navigate a partnership in the messy middle (before we have real traction to show)? I was asked this question from the crowd this week. Here’s my answer:

The truth is most deals stall right after they’re signed.

The halo fades. Reality hits. No one knows who’s driving what.

If you're in the messy middle of a new partnership, these 5 moves will get you on track.

1. Anchor to the first win.
• Revisit the result that validates the partnership
• Focus everyone on landing that win, even if it’s smaller than planned
⤷ Clarity beats ambition at this stage

2. Tighten the loop.
• Ditch the monthly updates
• Move to fortnightly check-ins
⤷ Most momentum problems are usually communication problems.

3. Make progress visible.
People lose energy when they can’t see traction.
Use a shared doc or dashboard to track:
→ What’s done
→ What’s blocked
→ What’s next

4. Ask: “Where are we under-committed?”
• Misalignment hides in the gaps.
• Check if both sides are truly invested, with time, people, and decision-making power.
⤷ If not, rebalance now.

5. Reconnect on intent.
• Ask: Why did we start this?
• Shared intent is the heartbeat of every high-trust partnership.
⤷ If it’s missing, no playbook will save you.

Have other questions? Hit reply to ask.


THIS WEEK'S MOMENT (Insight for your commute)

What if the smartest move your company could make… is backing something you don’t control? In a world where most partnerships are built around contracts and control, this episode unpacks IBM's billion-dollar bet on Linux, an open-source movement that no one owned.

In this 7-minute episode:

  • Discover how to reframe what a "partner" is—and why the next big opportunity might not be another company.
  • Learn why aligning with a trend or movement can generate more value than owning the product itself.
  • See how investing boldly in innovation (not ownership) can unlock massive brand credibility and long-term returns.

Get every episode of the Partnership Playbook on your next commute or workout. Subscribe to the show on Apple Podcasts, Spotify and Youtube!


KNOW PEOPLE WHO FEEL STUCK?

Share this issue via text, social media, or email by copying and pasting this link:

https://philhsc.com/partnership/7-may-2025

See you next Wednesday,

Phil Hayes-St Clair, Business Partnerships Expert & Coach

Find me on LinkedIn or Book a 1:1 Call

When you're ready, there are three ways I can help you:

1. The Partnership Lab (Applications for the June cohort close 28 May): The Partnership Lab is an AI-fuelled system for sales and marketing leaders who need to close 6-figure partnerships—fast.

2. The Partnership Decision Sprint: 30-minute sessions built for leaders facing high-stakes partnership decisions. Invite up to three people from your team and walk away with clear, actionable next steps.

3. Leadership Events: From Cochlear and Lifeblood to military leaders, I have shared inspiring stories and practical frameworks and insights that shift how leaders leverage partnerships for growth. Book me to speak at your next conference, offsite, or leadership event.

Looking for something different? Reply to this email.

The Wednesday Partnership

Get partnership tactics top companies use to grow. Subscribe and get 100 battle-tested tactics to earn trust, close faster, and drive growth through high-value partnerships.

Read more from The Wednesday Partnership
How to help advocates close your deal

READ ON PHILHSC.COM | READ TIME: 5 MINUTES | 16 JULY, 2025 Welcome to Partnership Wednesday #103 featuring ideas you can use to create partnerships faster, with less guesswork, and confidently close 6-figure deals. Know someone who could use this edition? Share it with them here. A LESSON TO BUILD ON In 2019 Bayer, one of the world’s largest agricultural science companies, partnered with Planet Labs, a leader in daily satellite imagery. Together, they embedded real-time crop monitoring into...

The Supplier that helped to save Apple

READ ON PHILHSC.COM | READ TIME: 4 MINUTES | 9 JULY, 2025 Welcome to Partnership Wednesday #102 featuring ideas you can use to create partnerships faster, with less guesswork, and confidently close 6-figure deals. Know someone who could use this edition? Share it with them here. A LESSON TO BUILD ON In 1997, Apple was bleeding cash. By selling its Singapore factory and partnering with NatSteel, it offloaded cost, gained speed, and returned to profitability. NatSteel quickly became Apple’s...

10 first-win tactics to build partnership credibility

READ ON PHILHSC.COM | READ TIME: 4 MINUTES | 2 JULY 2025 Welcome to Partnership Wednesday #101 featuring ideas you can use to create partnerships faster, with less guesswork, and confidently close 6-figure deals. Know someone who could use this edition? Share it with them here. A LESSON TO BUILD ON In 2019, Microsoft invested $1 billion in OpenAI but didn’t demand exclusivity. Instead, they secured preferred access to OpenAI’s models and the chance to host AI workloads on Microsoft’s Azure...