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Recent content by Mr. E

  1. Mr. E

    Should I quit?

    So I talked to him, I made my case, I have him till Wednesday to decide. We had lunch Wednesday, he told me he wasnt willing to give up any equity at this stage. He thinks someone is gonna swoop in and drop "$10M" to grow the business to enormous levels and he wont have any equity to...
  2. Mr. E

    Should I quit?

    She is pregnant (2nd child) and is a stay at home mom, he is programmer that works from home. She has probably given 1-2 hours 2 days a week for the latter 2 months. Her job finding leads and creating material for me to take to sales tailored to each lead. Its the same thing I do, for...
  3. Mr. E

    Should I quit?

    I plan on meeting him this weekend at a public place. I have outlined my role and my contributions in a succinct manner, crescendo-ing to an ultimatum of partnership or I walk. My material assets: 1. All my contracts 2. Emails showing my contributions 3. Potential clients list My new...
  4. Mr. E

    Thoughts on hiring first sales person?

    PEOPLE 
    Make sure they aren't an irreplaceable :p
  5. Mr. E

    Should I quit?

    Also, he doesnt have any of my signed contracts. The only paper trail he has is the 4-5 clients who we have on recurring monthly payments so credit card info. And even then, I hold those contracts. If I lose those contracts, the clients arent tied into the 6 months and are free to be...
  6. Mr. E

    Should I quit?

    1) Yes. Ever since this revelation, I have not closed a sale. 2) Current contracts, the majority of clients can leave anytime because they paid for a full year upfront. Only about a quarter are locked into a 6 month contract, because they are on a recurring monthly fee. 3) The clients...
  7. Mr. E

    Should I quit?

    How would I execute taking the clients? All the contracts they sign are with his businesses. (I did sign on behalf of his business) Im thinking I get the 65% commission in writing. Then wait for the big pitch, which he needs me to be at the table; but a day before, demand sizable equity...
  8. Mr. E

    Should I quit?

    Im new to be an entrepreneur. Im in my late 20s. I was working 60hrs/week and then ACA got upheld by the SCOTUS and I realized I would never be wealthy as long as I am working for someone. On a related note, I started a business that is seeking a patent, but thats not what this thread is...
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