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Simple math: --Are you comfortable working for $70/hour? --Do you think this can be built/polished/updated in 100 hours? $7,000 / $70 = 100 hours -- Can th
by JoeCortopassi 15y ago
Simple math:
--Are you comfortable working for $70/hour?
--Do you think this can be built/polished/updated in 100 hours?
$7,000 / $70 = 100 hours
-- Can this idea be sold relatively quickly for $70,000?
-- Will you be willing to wait for your pay-off?
$7,000 is %10 of $70,000
Honestly though, sounds like you will be treated as a second rate citizen the entire time while also doing the majority work. If you're cool with that, that's your business. If you just want to start a start-up, but don't have any ideas, email me and I can help you come up with some ideas.
Lastly, family and business don't mix. If either party isn't completely satisfied with how the process turns out, you ( and your family ) will hear about it for the rest of your lives.