Hello,
I recently posted on here about a great idea I had for a startup business. The excitement caught me and I texted a few friends asking if they were interested in joining me on this. I have myself, my good friend who is the app developer (an obvious necessity) and then the 2 friends I asked to join. We had our first meeting and it went really well, establishing what our model would look like, business plan talk, etc. I'm now realizing that this might have been a mistake to bring in 2 other people that are probably not 100% needed but they are close friends of mine. I hate to sound selfish but because it was my original idea and I brought the team together, I feel entitled to more than just a 25-25-25-25 split. I don't really know how to have this conversation but I think it needs to be settled now rather than later.... does anyone have experience with this and/or can help provide advice on how to deal with the business vs. friends dilemma. Thanks.
I recently posted on here about a great idea I had for a startup business. The excitement caught me and I texted a few friends asking if they were interested in joining me on this. I have myself, my good friend who is the app developer (an obvious necessity) and then the 2 friends I asked to join. We had our first meeting and it went really well, establishing what our model would look like, business plan talk, etc. I'm now realizing that this might have been a mistake to bring in 2 other people that are probably not 100% needed but they are close friends of mine. I hate to sound selfish but because it was my original idea and I brought the team together, I feel entitled to more than just a 25-25-25-25 split. I don't really know how to have this conversation but I think it needs to be settled now rather than later.... does anyone have experience with this and/or can help provide advice on how to deal with the business vs. friends dilemma. Thanks.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.