- Joined
- Nov 24, 2012
- Messages
- 150
Rep Bank
$555
$555
User Power: 111%
Hey gang,
I've recently found myself on the hunt for a new business partner (my last one got a new job and we just had a following out. It was pretty clear where his priorities were) for a mobile app business and I figured I might as well hit up you guys to get some guidance.
Since I've already made the mistake of working with someone clearly not on the fastlane path, what are your guidelines for selecting a business partner?
Here's where I stand so far:
Very detailed wire frames for the initial MVP of the project
A very skilled designer ready to do all the design work once I give him the green light
A detailed plan for the next 24 months or so of development and monetization (I've been working on the details for about a year. We actually had a team in India start development in June but they were awful and I had to fire them after 4 months of not delivering anything. My fault but a great learning lesson).
So, this isn't just a hack job idea. There's been a lot of thought and energy into this and I just need someone else to get on board with me.
You may wonder why I don't just hire someone myself and for me, the reality is that I just don't think this is a project that I can take on without a partner. I have some great ideas for the product but it really evolved when my former partner and I would brainstorm different ideas. Basically, I truly believe I need someone that's good at brainstorming for this to be successful.
Now, here's the type of person that I THINK I need to work with:
They should be a designer and have pretty decent tech knowledge. I understand technology but that's not my strong suit and I can't design worth a damn. Although I do know what I like.
They need to love mobile apps and have a great feel for UI. That's a focus of mine, making things insanely simple and easy to use.
They need to have some cash to invest. I truly feel that if you're going to go into business, you need to have some skin in the game and in my mind, cash is king.
That's my initial criteria.
Any input would be GREATLY appreciated!
Thanks!
I've recently found myself on the hunt for a new business partner (my last one got a new job and we just had a following out. It was pretty clear where his priorities were) for a mobile app business and I figured I might as well hit up you guys to get some guidance.
Since I've already made the mistake of working with someone clearly not on the fastlane path, what are your guidelines for selecting a business partner?
Here's where I stand so far:
Very detailed wire frames for the initial MVP of the project
A very skilled designer ready to do all the design work once I give him the green light
A detailed plan for the next 24 months or so of development and monetization (I've been working on the details for about a year. We actually had a team in India start development in June but they were awful and I had to fire them after 4 months of not delivering anything. My fault but a great learning lesson).
So, this isn't just a hack job idea. There's been a lot of thought and energy into this and I just need someone else to get on board with me.
You may wonder why I don't just hire someone myself and for me, the reality is that I just don't think this is a project that I can take on without a partner. I have some great ideas for the product but it really evolved when my former partner and I would brainstorm different ideas. Basically, I truly believe I need someone that's good at brainstorming for this to be successful.
Now, here's the type of person that I THINK I need to work with:
They should be a designer and have pretty decent tech knowledge. I understand technology but that's not my strong suit and I can't design worth a damn. Although I do know what I like.
They need to love mobile apps and have a great feel for UI. That's a focus of mine, making things insanely simple and easy to use.
They need to have some cash to invest. I truly feel that if you're going to go into business, you need to have some skin in the game and in my mind, cash is king.
That's my initial criteria.
Any input would be GREATLY appreciated!
Thanks!
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
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
