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re: Take former business partners idea or bring him in... again?
Posted on 5/4/21 at 10:49 am to FLBooGoTigs1
Posted on 5/4/21 at 10:49 am to FLBooGoTigs1
quote:
Sounds like good advice because lazy baw might become part owner without doing much leg work. I think the guy with the original idea could be bought out pretty cheap but better do it early. Just my .02
There is no replacement for the inventor though. It's like the engineer baw starting his own company yet has zero idea how to run a business.
I would look at some sort of either profit sharing or a small stake in the company.
1
Posted on 5/4/21 at 11:25 am to idlewatcher
quote:
I would look at some sort of either profit sharing or a small stake in the company.
Why? The world is filled with great ideas. The money is made by those who can execute them.
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