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It all depends on the type of business your establishing. If the business ties into the physical world in some way and the agreement is that you handle the tech
by shaunster 16y ago
It all depends on the type of business your establishing. If the business ties into the physical world in some way and the agreement is that you handle the technology while he handles everything else then this arrangement seems like a good match. If instead, the business is entirely virtual then you may be setting yourself up for frustration.
I have run 2 virtual-only businesses with partnerships such as the one you have stated and each time it ended in frustration, unlike my real+virtual businesses which were successful. The problem with being the only person with technical skills in a virtual-only business is as follows:
1. Your effort and risk is typically front-loaded, meaning that you are required to create the entire product before your partner is able to utilize the majority of their skills operating the business.
2. If he is financing the business then prepare to feel like an employee. The money guy is usually the decision guy as well.
3. Prepare to possibly be taken for granted. Many non-technical partners read media headlines regarding overseas outsourcing, teenage tech geniuses, and turnkey software. This avalanche of information gives them the impression that technical work is easily and cheaply contracted or purchased. The truth is that paying for technical talent capable of creating a quality product is still ridiculously expensive. Unfortunately this is something that is usually learned through past experience so hopefully your partner either has that experience or is smart enough to see through the media hype.
4. The work never ends. Unlike a technical partnership where everyone carries equal workload, you are responsible for it all. Every bug, every update and every post-launch adjustment that takes your partner 5 seconds to request and you 5 hours to implement. It's all on you, and as a startup don't expect to get quality technical help anytime soon.
5. We are all biased. Nothing is more annoying then spending 18 hours coding only to see your partner make a few phone calls and call it a day. Even if your partner was doing their job perfectly with those calls it is still only natural to have days where you feel the workload is "unfair". This can apply to both business partners when the responsibilities are different.