Accepting a new partner? Here is what I did to decide:
Welcome back to another day in the life of this freakin start up journey!!
First of all, I want to thank all of you who HAVE BEEN or just STARTING to follow my little trip, it is a huge honour t have you following me this far! Got to tell you, it has not been long but already it feels like there have been more ups and downs in this story than in the previous YEAR.
So what has happened recently? Well funny enough as soon as I let go of my friend Chris as a founding partner for this project a friend of my mothers, her name is Simone, heard about what I was going to do and she was amazed and wanted to be part of this project. So yesterday I was talking to my mother about some questions I have had about LinQfish and what her thoughts were on those ideas. Anyway, this way Simone, which I by the way already knew before through a family meeting, and I got talking about the project and she offered to me straight away an offer to act as a partner.
Obviously from before I learned at least a little bit form my previous experience with partners SO I only partially agreed to it. So I said that I liked the idea of it but there are some Questions I wanted to ask her before we would officially agree on a partnership.
My 5 questions to the co-founder:
- What can you bring to the table to move LinQfish as a project forward to its goal?
- What do you expect form your partner?
- What is your vision about LinQfish?
- What percentage of the company were you planning on obtaining/is important to you?
- How much time do you have available to invest into LinQfish?
Oh yea one more thing: I decided to buy all the relevant URLs for LinQfish just in case someone makes me buy them for a gazillion dollars :P. I think it is wise to spend $30 for a years membership of an URL because in the end it is not that much money to later be annoyed that you didn’t buy them!
More often than less people ignore the reaction of their body which is a shame because your gut knows what is best for you, ALWAYS! So same applies here with your choice of partner. Take time to explore it. If you try to avoid the topic it might already be a sign to stop it there. IF you are undeceive let it sink in and don’t rush or force it :).