Gene Simmons On How He And キッス Frontman Paul Stanley Have Remained Business Partners For 40 Years 

You are using an outdated version of Internet Explorer. For security reasons you should upgrade your browser. Please go to Windows Updates and install the latest version.

Login with Twitter Login with Facebook Login with LinkedIn Login with Google

Strategy More: KISS Gene Simmons ME, Inc. Entrepreneurs

Gene Simmons On How He And KISS Frontman Paul Stanley Have Remained Business Partners For 40 Years

Gene Simmons and Paul Stanley perform with KISS in London in 2012.

Watch Out Marvel & DC: \'The Walking Dead\' Company Has A Plan To Steal Your Thunder

Richard Branson\'s 10 Rules For Being A Great Leader

9 Decisions That Shaped Elon Musk\'s Extraordinary Career

KISS bassist Gene Simmons and frontman Paul Stanley have worked together for 40 years, developing a hard rock empire that Simmons thinks is worth somewhere between $1 billion to $5 billion.

In Simmons\' new book on his business approach, "ME, Inc.," he says that Stanley is "the brother I never had," and uses him as the model for an ideal business partner.

Like real brothers, the two have had plenty of disagreements and arguments, but they\'ve remained the band\'s only two original members because they share the same vision and what Simmons tells Business Insider is a "blue collar work ethic."

"Don\'t sweat the small stuff. Just find a partner who brings something to the table and an expertise that you don\'t have," Simmons says.

He tells us that problems between cofounders inevitably arise, but they can only be overcome if there are shared values.

Simmons and Stanley met in New York City in 1970 when Simmons\' band Wicked Lester recruited Stanley as a rhythm guitarist. The two decided that the band lacked focus but that the two of them were on the same page. They brought on Ace Frehley as lead guitarist and Peter Criss as drummer and reinvented themselves as KISS by the end of \'72.

As the band exploded in popularity over the next decade, Simmons and Stanley took the lead in approving contractual decisions and songwriting responsibilities.

The differences in effort and personalities between the two halves became too much for the ambitious Simmons and Stanley to deal with, especially when substance abuse became an issue. Criss was kicked out in 1980 and Frehley booted in \'82.

"Life is a football game. You don\'t want to pass the ball to somebody who\'s going to fall on their face because they\'re drunk or high or don\'t want to work that day because guess what, then the whole team loses," Simmons tells us.

Because Simmons and Stanley have worked together for so long, they certainly have butted heads, but they both believe that business partners need to be honest with each other, even when it\'s not pretty.

In his recent autobiography, "Face the Music: A Life Exposed," Stanley says he thinks that Simmons\' ego has gotten in the way of their work at times, and that it\'s a huge overstatement to consider Simmons the sole brains behind KISS.

Simmons admits that he tends to be arrogant, but it\'s only because he\'s completely sure of himself.

It\'s telling that the two are comfortable both criticizing and praising each other.

In his book "Zero to One," billionaire investor and entrepreneur Peter Thiel likens founding a company with a business partner to getting married. It\'s important for cofounders to have complementary skill sets, he explains, but they need to share a vision and actually like each other so that they can overcome problems that arise.

The two have certainly complemented each other in their development of KISS. Simmons had a drive to take every business opportunity that came his way, while Stanley took the lead on writing songs that topped the charts.

In addition to their own businesses, Simmons, now 65, and Stanley, 62, still play with KISS, alongside band members Tommy Thayer and Eric Singer.

"And with Paul, as the brother I never had, there is nothing we can\'t do. It\'s almost 2015! Watch us burn rubber," Simmons writes.

SEE ALSO:  Gene Simmons Describes \'The Most Profound Capitalist Lesson\' He Ever Learned

KISS bassist Gene Simmons and frontman Paul...

E-COMMERCE AND THE FUTURE OF RETAIL: 2014 [SLIDE DECK]

BEACONS: What They Are, How They Work, And Why Apple\'s iBeacon Technology Is Ahead Of The Pack

REVEALED: The Demographic Trends For Every Social Network

Login with LinkedIn to see what your friends are reading on Business Insider.

No articles have recently been shared in your network.

This Couple Ditched Their Tech Jobs To Pursue Their Passion For Beer

Here\'s Your Complete Preview Of This Week\'s Big Economic Events

These articles have been shared on your timeline. You can remove them here:

These articles have been added to your Google activity log. You can remove them here:

Women Are Going Crazy Over These No-Underwear Yoga Pants

You\'ve Been Rolling Your Shirtsleeves Wrong Your Entire Life

The One Thing You Can Add To Coffee For Even More Energy In The Morning

Mobile Is Pulling Customers Away From Branches And Online Banking

THE BEACONS FAQ: It\'s Time To Set The Story Straight

How Social Networks Are Driving More Sales And Influencing Online And Offline Purchases

Available for iPhone, iPad, Android, BlackBerry and Windows