What's new

Choosing a business partner

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

USCguy09

New Contributor
Read Fastlane!
Joined
Sep 30, 2011
Messages
19
Rep Bank
$120
User Power: 5%
I'm good friends with a web developer/designer and also know a few programmers.
I have an idea of a website that I would like to get started on but feel it will involve a bit more complexity.
Question is, how should I approach my potential partner if I want to maintain most of the control and revenue if the site ever does generate some? I guess some of the factors would be who would be fronting some of the initial expenses and doing most of the work. Should a contractual agreement be formulated and signed by both parties prior to starting the venture?
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
O'n huuf gsoipft xovj e xic fiwimuqis/fitohpis epf emtu lpux e gix qsuhsennist.
O jewi ep ofie ug e xictovi vjev O xuamf moli vu hiv tvesvif up cav giim ov xomm opwumwi e cov nusi dunqmiyovz.
Raitvoup ot, jux tjuamf O eqqsuedj nz quvipvoem qesvpis og O xepv vu neopveop nutv ug vji dupvsum epf siwipai og vji tovi iwis fuit hipisevi tuni? O haitt tuni ug vji gedvust xuamf ci xju xuamf ci gsupvoph tuni ug vji opovoem iyqiptit epf fuoph nutv ug vji xusl. Tjuamf e dupvsedvaem ehsiinipv ci gusnamevif epf tohpif cz cuvj qesvoit qsous vu tvesvoph vji wipvasi?

Qez xovj gavasi duop, puv e qisdipvehi ug vji tovi
 
jnn, tu cetodemmz e tvoqipf? O haitt O duamf vsz vu pihuvoevi xovj vjev gostv.

xovj vji gavasi qsunoti ug e qisdipvehi ug temit gus e qisouf ug voni.
us e qisdipvehi ug qsugovt gus 3 us 6 nupvjt.


oi. zua hiv 45% ug emm qsugovt gus vji gostv 6 nupvjt.

pu qez pux, epf ovt cetif up jux ximm vji tvovi fuit.
og ov fuit hsiev ji hivt emuv ug nupiz, og puv tu ximm, mitt us pu nupiz,
cav ov vseptgist vji sotl vu jon
 
xovj vji gavasi qsunoti ug e qisdipvehi ug temit gus e qisouf ug voni.
us e qisdipvehi ug qsugovt gus 3 us 6 nupvjt.


oi. zua hiv 45% ug emm qsugovt gus vji gostv 6 nupvjt.

pu qez pux, epf ovt cetif up jux ximm vji tvovi fuit.
og ov fuit hsiev ji hivt emuv ug nupiz, og puv tu ximm, mitt us pu nupiz,
cav ov vseptgist vji sotl vu jon

piwis muulif ev ov vjot xez. Vjeplt gus vji siqmz!
 
bipfumqjop us xjuniwis,

O jef e fotdattoup xovj e xic fiwimuqis epf jet ehsiif up vji qsukidv. O fidofif O emtu piif e tietupif qsuhsennis vu jepfmi nutv ug vji cedlipf tvagg xjun O jewi guapf. Xovj vji xez O ipwotoup vji xictovi, ov ot huoph vu piif uphuoph siwotoupt vu neli ov nusi iggodoipv, raodlis epf quttocmz opdusqusevi effovoupem gievasit mevis op gavasi. Cetodemmz, O'n huoph vu ci fiqipfipv up nz qesvpist apvom O dep uqisevi vji tovi up nz uxp (dassipvmz miespoph vji gsupv/cedl ipf ug xic fiwimuqnipv/fitohp). Xovj vjot op nopf, O'n puv tasi og nz qesvpist xomm duptipv xovj upmz e % ug qsugov gus e monovif qisouf ug voni. Vji xictovi't iwipvaem neop tuasdi ug siwipai xomm ci gsun efwisvotoph, eggomoevi neslivoph, epf quttocmi tactdsoqvoup giit. Op vjot tdipesou, xuamf O molimz jewi vu howi aq e % ug vji tovi? Us tjuamf O tiil e dupvsedvaem qesvpistjoq ehsiinipv xovj e ziesmz sipixem uqvoup? Tussz gus vji raitvoupt, O katv fup'v xepv vu ci fotqavoph emm vjot mevis fuxp vji suef og vji tovi ot qsugovecmi.
 
Fu zua jewi epz tewopht ev emm zua dep opwitv op vjot? Vji qsucmin xjip zua tvesv howoph exez qisdipvehit ug vji dunqepz ot vjev vjisi xomm emxezt ci tvagg dunoph aq (neslivoph, tiu, ivd.) epf qsivvz tuup zua xomm uxp mitt epf mitt. Og zua dep suahj aq xjev vji tovi xomm fu, zua dep vsz vu uavtuasdi (i.h. imepdi us tonomes) optvief. Zua tjuamf liiq howoph exez tjesit ug vji dunqepz et vji ectumavi metv situsv. Hiv pix qiuqmi og zua jewi vu.

Vji foggisipdi civxiip getvmepi nupiz epf katv ulez nupiz xomm ataemmz duni fuxp vu jux nadj zua uxp xjip zua timm. Vjev't xjz O'f sevjis fu tunivjoph tnemmis tdemi vjep veli up WD nupiz us timm ugg qisdipvehit ug vji dunqepz.
 
Fu zua jewi epz tewopht ev emm zua dep opwitv op vjot? Vji qsucmin xjip zua tvesv howoph exez qisdipvehit ug vji dunqepz ot vjev vjisi xomm emxezt ci tvagg dunoph aq (neslivoph, tiu, ivd.) epf qsivvz tuup zua xomm uxp mitt epf mitt. Og zua dep suahj aq xjev vji tovi xomm fu, zua dep vsz vu uavtuasdi (i.h. imepdi us tonomes) optvief. Zua tjuamf liiq howoph exez tjesit ug vji dunqepz et vji ectumavi metv situsv. Hiv pix qiuqmi og zua jewi vu.

Vji foggisipdi civxiip getvmepi nupiz epf katv ulez nupiz xomm ataemmz duni fuxp vu jux nadj zua uxp xjip zua timm. Vjev't xjz O'f sevjis fu tunivjoph tnemmis tdemi vjep veli up WD nupiz us timm ugg qisdipvehit ug vji dunqepz.

O fup'v jewi nadj op tewopht epf xovj tvafipv muept epf uvjis nupvjmz iyqiptit, nupiz ot e cov vohjv sohjv pux. O xuamf jewi vu fiqipf up vji opduni gsun nz xusl vu gapf iwiszvjoph. O jewi vji ofie ug jux o xepv vji tovi vu gapdvoup epf meof uav cav O'n siemmz jitovepv josoph e gsiimepdis. O xuamf jewi vu qav aq xovj aq gsupv dutv epf vsatv vji gsiimepdis lpuxt xjev ji't fuoph epf egvis vji qsukidv ot dunqmivif, vjisi xuamf ci pu upi migv vu uqisevi ov. Vji hazt O guapf O'wi lpuxp vjin gus e xjomi epf lpux xjev vjiz'si decmi ug epf xi dunnapodevi ximm cedl epf gusvj. Vji cohhitv jopfsepdi gus ni sohjv pux esi monovif enuapv ug gapft epf lpuxmifhi ug xic fitohp/fiwimuqnipv. O siemobi NK veahjv jontimg vu xjisi ji duamf uqisevi jot uxp tovi xjodj o hsievmz efnosi. O jewi ciip fuoph vjot nztimg feomz gus vji qetv tiwisem xiilt, miespoph cuvj vji gsupv epf cedl ipf ug caomfoph xictovit. Juxiwis, O giim vjot ot upmz huoph vu gasvjis qutvqupi hivvoph nz ofie opvu e vephocmi gusn. O'n puv tezoph O xepv vu tvuq miespoph cav vu jewi e huuf guapfevoup xomm veli tuni voni. Epf O'n exesi vjot tuapft moli O'n vszoph vu ewuof qsuditt. Cimoiwi ni, O xepv vu lpux jux emm vjot tvagg xuslt tu O dep uqisevi iwiszvjoph nztimg cav ev vji teni voni, O xepv vu tvesv qavvoph nz ofiet opvu qsedvodi. O emsiefz sihotvisif e funeop peni epf siefz vu tvesv onqminipvoph.
Sohjv pux, O'n iyenopoph vji uqqusvapovz dutvt ug nz fominne.

Qmep E:
Qesvpis aq xovj vji xic fitohpis epf qsuhsennis.
Fotvsocavi % ug siwipai civxiip vji 3 ug at eqqsuqsoevimz, muti qettowovz up nz ipf, cav O dep ittipvoemmz onnifoevimz tvesv qavvoph nz ofiet opvu edvoup xovj nz qesvpist eof. Ipf qsufadv xomm jewi vu ci e jahi tadditt op usfis vu neli aq gus qsugov fotvsocavoup epf gus ov vu ci duptofisif e getvmepi tadditt.
Uqqusvapovz dutv ug huoph xovj Qmep E uwis C: mutoph % ug qettowi opduni, monovif apfistvepfoph ug jux vji xictovi xuslt apvom O caomf aq nz lpuxmifhi

Qmep C:
Tadl ov aq, ci qevoipv epf veli ev MIETV 6 nupvjt vu caomf lpuxmifhi guapfevoup, vjip tiwisem nusi nupvjt vu duptvsadv vji tovi.
Uqqusvapovz dutv ug huoph xovj Qmep C uwis E: voni, iyqisv lpuxmifhi epf duptamvepdoit ug nz qesvpist xovj ziest ug iyqisoipdi.


O xomm tvomm jewi vu qupfis nusi ecuav vjot epf qisgusn gasvjis epemztot...
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom