Generally love these types of arrangements (i.e. partnering with someone who brings domain expertise and connections), but are there are a lot details that you

Generally love these types of arrangements (i.e. partnering with someone who brings domain expertise and connections), but are there are a lot details that you shouldn't overlook: 1) Do the numbers make sense to you? Learn enough about the margins and the market that you are comfortable with the business opportunity. 2) Get the terms right. Be sure to address any equity stake, timing of payments, expenses and record keeping/trakcing. Take a look at Amazons affiliate program agreement for examples of the kinds of issues to keep in mind. 3) Greater Risk = Greater Reward. If you expect a "minimum tech wage", do not expect to reap the full fruits of your efforts. Good luck. P.S. Depending on your level of trust/confidence/req'd investment in this project and your partner, consider having a legal document drawn up to address your biggest concerns (but I wouldn't even bring this up until talks get much more serious).