Right now I am working on a startup, which I first started with one other business partner.
But then, as neither of us had any web development skills, we set out to find a web developer with the complementary skills we needed. Which we did and persuaded him to join the startup. He is 28 years old and we have never met with him, we just speak with him on the phone. (we are both 19 years old)
We gave him 5% in the company, and are going to pay him a percentage of the future profits up to 10k dollars.
Our partnership with the developer started about 3 months ago. When we talked with him at first, he estimated the time to build the web shop to about 6 weeks..
Now it feels like he is not making any progress at all.
The communication between us is lacking as well, we speak with him maybe 1 time per week on the phone. Sometimes we are communicating through email/skype.. He takes a lot of time to answer emails (days-week) and to answer when chatting on Skype (hours/a whole day).
Right now it feels like our web shop will never get finished, and we CANNOT wait any more to LAUNCH.. We started with this startup soon 1 year ago, so you can imagine the pain..
Please give me some tips of how to solve this, how we can motivated our partner and also tell about your own experiences from this type of situations.
THANKS
But then, as neither of us had any web development skills, we set out to find a web developer with the complementary skills we needed. Which we did and persuaded him to join the startup. He is 28 years old and we have never met with him, we just speak with him on the phone. (we are both 19 years old)
We gave him 5% in the company, and are going to pay him a percentage of the future profits up to 10k dollars.
Our partnership with the developer started about 3 months ago. When we talked with him at first, he estimated the time to build the web shop to about 6 weeks..
Now it feels like he is not making any progress at all.
The communication between us is lacking as well, we speak with him maybe 1 time per week on the phone. Sometimes we are communicating through email/skype.. He takes a lot of time to answer emails (days-week) and to answer when chatting on Skype (hours/a whole day).
Right now it feels like our web shop will never get finished, and we CANNOT wait any more to LAUNCH.. We started with this startup soon 1 year ago, so you can imagine the pain..
Please give me some tips of how to solve this, how we can motivated our partner and also tell about your own experiences from this type of situations.
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