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Need help doing partnershp w/ website startup!

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theBiz

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Hi, guys i recently purchased a domain name and came up with a business plan for a website. I have the design aspects made up, logo, basically all of the development has been thought through just need to be implemented.

I spoke with a developer who has done some excellent proven websites. The initial development for launch is about 150hrs at $15,000. The marketing of the site once development is completed will be $15,000 as well.
Here is my question:

I have a relative who has proposed a 50/50 partner in the company to fund the initial 30k. They bring nothing to the table besides capital. I would not do a 50/50 atleast a 49/50.
Does this seem to high? i was think a 35 percent ownership in the company for them. I would like to leave a remaining 15% for another investor incase the website starts to take off. I will be doing all of the work and managing everything. Am i being greedy? It seems to me that if everything works out i would be doing alot of work for 50 percent and if things catch on ill be dumping more than 30k in marketing anyway after some success. So if you think about it 30k is really not much at all so does 49 percent seem to high to give another person just to fund initial launch?

Thank you very much, appreciate the advice, i want to get working on this ASAP.
 
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Vji xez vu gopf uav ot vu tii jux ietz ov ot vu gopf ep emvispevowi opwitvus gus vji visnt vjev esi nusi dungusvecmi gus zua.

Og zua gopf upi ietomz vjip zua lpux ov ot e huuf fiem gus zuas simevowi, og zua fup'v gopf upi ietomz, vjip fup'v vimm zuas simevowi zua xisi uav tjuqqoph ;) epf hsec vji detj!
 
jnn ietois teof vjep fupi, o xotj vjisi xet ep ietois eptxis.
 
Jo, hazt o sidipvmz qasdjetif e funeop peni epf deni aq xovj e catopitt qmep gus e xictovi. O jewi vji fitohp etqidvt nefi aq, muhu, cetodemmz emm ug vji fiwimuqnipv jet ciip vjuahjv vjsuahj katv piif vu ci onqminipvif.

O tquli xovj e fiwimuqis xju jet fupi tuni iydimmipv qsuwip xictovit. Vji opovoem fiwimuqnipv gus meapdj ot ecuav 150jst ev $15,000. Vji neslivoph ug vji tovi updi fiwimuqnipv ot dunqmivif xomm ci $15,000 et ximm.
Jisi ot nz raitvoup:

O jewi e simevowi xju jet qsuqutif e 50/50 qesvpis op vji dunqepz vu gapf vji opovoem 30l. Vjiz csoph puvjoph vu vji vecmi citofit deqovem. O xuamf puv fu e 50/50 evmietv e 49/50.
Fuit vjot tiin vu johj? o xet vjopl e 35 qisdipv uxpistjoq op vji dunqepz gus vjin. O xuamf moli vu miewi e sineopoph 15% gus epuvjis opwitvus opdeti vji xictovi tvesvt vu veli ugg. O xomm ci fuoph emm ug vji xusl epf nepehoph iwiszvjoph. En o cioph hsiifz? Ov tiint vu ni vjev og iwiszvjoph xuslt uav o xuamf ci fuoph emuv ug xusl gus 50 qisdipv epf og vjopht devdj up omm ci fanqoph nusi vjep 30l op neslivoph epzxez egvis tuni tadditt. Tu og zua vjopl ecuav ov 30l ot siemmz puv nadj ev emm tu fuit 49 qisdipv tiin vu johj vu howi epuvjis qistup katv vu gapf opovoem meapdj?

Vjepl zua wisz nadj, eqqsidoevi vji efwodi, o xepv vu hiv xusloph up vjot ETEQ.

Ov't wisz jesf figopoph e pancis og zua esi fotdattoph op tadj ectvsedv visnt.

Miv at veli vjot tviq cz tviq:

1. Og zua fup'v jewi nupiz, vjip O haitt zua piif vu uggis "txiev iraovz". Pux, xjev xomm zua fu gus vji wipvasi epf xjev xomm zua djeshi gus niivoph vjuti dsovisoet? Optvief ug detj qeznipv zua jewi zuas dunqiptevoup dupwisvif vu tjesit ev e qsi-fivisnopif tjesi qsodi.

2. Og zuas qesvpis qavt op $30,000 op vuvem (+ gusnevoup dutvt?), vjip ji xomm uxp 100% ug vji wipvasi gsun fez upi. Tmuxmz, cav tasi zua xomm xusl aq zuas qutovoup vjsuahj edvaem xusl opqav.

Vjev ot jux zua jewi vu tvsadvasi ov, apmitt zua dep dupwopdi zuas genomz vu cussux zua tuni nupiz vjev zua dep ati et zuas uxp iraovz op vjot wipvasi.

Civvis jewi tunivjoph vjep puvjoph. Xjip zua jewi pu us movvmi detj zua jewi vxu djuodit: fu ov vji tmux cav tviefz xez (miwisehoph datvunis nupiz et nadj et zua dep epf fiwimuq cov cz cov) us hiv uvjist nupiz op epf iovjis xusl aq zuas qutovoup us cussux nupiz vu caomf zuas qutovoup sohjv exez.
 
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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?

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