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The 50/50 problem. Partners

Topics relating to managing people and relationships

fran-s14

New Contributor
User Power
Value/Post Ratio
50%
Dec 13, 2015
2
1
32
Hi everybody!!!

First of all this is my first post, my english is very basic so maybe i need to translate on googles.

I'm a 23 Argentinian boy, and I'm studying MBA, i have a great idea, but i don't know anything about coding so i can't do almost nothing.

The question is the next:

I have some friends studying system engineer. For developing the idea i think that we need 2 engineer, plus my mother that has a MBA and 28 years of experience for marketing and sales.

I don't know to start at 25%/25%/25%/25% profit distribution so nobody complains about it,
I don't wanna do it in this way because they will be only "executers" but in the other side they are very close relationships and i don't know how to raise the situation to start.

Again sorry for my English, if is there any doubt i'll response quickly.

Thanks!!!
 
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Jonleehacker

Gold Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
61%
Oct 31, 2007
1,845
1,124
Edmonton, Canada
Start with 5% for everyone, then vote every 3 months to see who gets more based on merit.

That way you have flexibility to bring in more people, and if someone adds more value for them to be rewarded without having to redo your entire corporate structure. Shares don't need to add up to 100% at the start.
 

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