Fastlaners, couple of questions.
I'm currently involved in my friends startup company. I'm the UX designer, I made iPhone and iPad app design, web design, I designed and wrote operating instructions for the product etc. Now we're close to closing a great deal with major industry player and to be honest, we're in the win win situation, because if the Big Player doesn't buy our product, we already have a number of small business sending us email about our product (which they've found organically, thru website I made, we never promoted anything or paid for any advertisements yet).
Few days ago I talked to my friend about his idea on compensating my efforts, and he said that as soon as he forms a separate llc for the product, I'll be hired. The thing is, I already have a job...and we didn't talk about specifics such as salary...
So his idea is to hire me officially in this new company...my initial thought was that I'll get a check for X amount of money for all my work so far. But then again, I'm 100% noobie at these things, I have 0 experience in these kinds of arrangements and I would like to hear what you guys have to say about situations like this, some advices, common practices etc...
I'm currently involved in my friends startup company. I'm the UX designer, I made iPhone and iPad app design, web design, I designed and wrote operating instructions for the product etc. Now we're close to closing a great deal with major industry player and to be honest, we're in the win win situation, because if the Big Player doesn't buy our product, we already have a number of small business sending us email about our product (which they've found organically, thru website I made, we never promoted anything or paid for any advertisements yet).
Few days ago I talked to my friend about his idea on compensating my efforts, and he said that as soon as he forms a separate llc for the product, I'll be hired. The thing is, I already have a job...and we didn't talk about specifics such as salary...
So his idea is to hire me officially in this new company...my initial thought was that I'll get a check for X amount of money for all my work so far. But then again, I'm 100% noobie at these things, I have 0 experience in these kinds of arrangements and I would like to hear what you guys have to say about situations like this, some advices, common practices etc...
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