Forums: Discussions for entrepreneurs and small business.

ClarenceMiddleton, thanks for your input, but there are a few things you seem to be misinterpreting and a few things I may have left out.

I should also update you all on the thought process/planning I`m going through. I`ve come to the point where I might be willing to concede to not being a founder if other terms are negotiated in my favor. My only real concern isn`t necessarily recognition, but that eventually as the site becomes more successful, my share of the profits won`t reflect its success, but still be linked to a flat rate. I`m hoping that I can at least begin some kind of negotiation on that front. Ideally the agreement would take into account both the total profits  after expenses and the actual number of posts I do.

Also, to clarify, he most certainly did NOT pay me before it was profitable to do so. I worked quite a long time for free, and afterward for very little, with the agreement that if I worked for free or a small amount at the time, then I would get more as more came in. We`ve re-made that same agreement on several occasions. I made it very clear the first summer when things started getting rough that I would rather get a real job that paid more, but instead I would help him because there would be something in it for me later on.

Also, one of the things I often bring up is that I don`t want 50/50 partnership status. I just want partnership status. I know he`s technically done more and had more involvement, but I just want him to keep up his end of the bargain. I don`t expect 50%, just a percent. I invested a HUGE amount of time into this. Much of the time I didn`t leave the house more than once a week while he goofed around in photoshop.

Also, I haven`t linked the site because I`m trying to maintain a certain level of anonymity. I thought that would be obvious... I will say that it is a blog about a popular piece of technology.

On a lighter note, I`m working on starting up my own project. I don`t know how successful it will be yet or if I can pull it off, but I`m going to try.

Great attitude about the situtation. Whe some one hands you lemons, make lemonaide!! Way to go!

Follow-up thread located here. (Sorry for the unnecessary bump...)