Lawrence Barse
New Contributor
- Joined
- Mar 8, 2014
- Messages
- 49
Rep Bank
$280
$280
User Power: 65%
I'm a Computer Programmer and I've been presented with a Business Opportunity to develop a Community Website and I get 30% equity. I just want to know what all questions do I need to consider/ask the Person who is offering me this opportunity. I have the following questions in my mind, but what all questions do I need to consider before I make the leap
What kind of Company will we be forming? eg. Private, LLC etc. How do we buy back our VC equity? Who takes care of cash flow? What happens if we fail?
Can you suggest what all other questions that I need to ask my business partner, before I officially sign the papers. What all scenarios do I need to consider?
What kind of Company will we be forming? eg. Private, LLC etc. How do we buy back our VC equity? Who takes care of cash flow? What happens if we fail?
Can you suggest what all other questions that I need to ask my business partner, before I officially sign the papers. What all scenarios do I need to consider?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
