Make Connections

Network, Get Answers, Find Members in Your Area, and More!

Forums » People: Hiring, Partnering, Mentoring

Minority Partner Protection

    • 2 posts
    November 19, 2012 4:05 PM EST

    (Btw, I am not making any capital investment/donation, only services and time.)

    • 2 posts
    November 19, 2012 11:14 AM EST

    Hi!  Quick question... as minority partner in a company, how do you prevent yourself from simply being "fired" or dissolved?

    The reason?  I dont like to work on commission (as they first proposed) in internet marketing because 90% of the work is done in the first 10% time of the company's services.  So either I can charge 10x the rate for my work or I think a partnership is much more realistic to the rewards of the company.  But then if they do make me say, a 10% partner with commissions only on net sales above current net sales (to be fair so I only earn what I am bringing in), how do  I prevent them from getting rid of me next year when the company is flourishing and they think they dont need me anymore?

    Thanks!