Forums: Discussions for entrepreneurs and small business.

I have a question on bring people to help start up a company.  My friend want to help me with my business but not invest any money just his time and effort in marketing the company.  In return, he asked for 10% share of the company.  Is that a fair value request? and how to I create a performance base measurements to make sure he delivers 10% share of the company.  My business is an online  viral martketing.  Or is there an alternative solution.  I am so new to this area.

10% of your company could be too much if your`re already have a going concern with product/service for sale.  Why not hire commissioned salespersons and only pay for result?

At minimum, have his shares vested over 4 years.





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