Si I finally found the right project and I believe, the right Partner.
I run a dev house in Argentina and when I heard the idea, fell in love with it so I decided to co found it.
Our initial agreement is that I will finance 100% of the product building in the first stages while my partner will take care of marketing and sales.
While I provide the Lean approach and technical skills to the mixture, I also have a trong business and Marketing background that should help in the project.
After two months of work together we managed to launch and MVP and have 20 paying subscribers who are paying between $25 to $100, We got the media attention and already appeared once on TV with a forthcoming new interview from a different channel.
Things look good, and we take decisions together. We never actually met yet as he lives in the US but we work as a real team!
With all this being said, now I feel it´s a good moment to define the partnership a bit better without disrupting the actual rapport in the team.
It´s weird to have to define who makes what decisions, who will take care of marketing, finances, or administration, quen e have been doing this by mutual agreement all the time.
I have the experience on a previous startup where after the initial faces, this kind of things, where not well defined, expectations weren't met by the different parties and it all led to a complete stop in decision making.
Does anyone have successful experience managing the shareholder´s agreement in a 50/50 situation? how did you manage the process?
Thanks in advance for your help here.