Start business by myself or w friend who has the needed capital?

[delasoul]

Hey guys, I really need your opinion about this and will keep it very short, because your time is limited:

I have a business idea that fits the fastlane criteria and have tested it already and got first customers and profits.

My problem: To scale it into six digits per month and plus I would need a lot of money to invest into it.

Thing is: I don't have all this money, but my best friend does.

Now I have two possibilities:

a.) NOT to take his money and grow the business all by myself without giving my best friend half of the net profits.

The good is I can do it all by myself don't relate to any friendship stuff mixed with money and don't need to split the profits 50-50 with him. The bad thing is I will need at least 2-3 years to grow it into seven digits revenue per year WITHOUT all the capital money that he can bring in PLUS I will need to take jobs etc. to get all the needed capital together in the meantime.

b.) TAKE THE MONEY and split profits 50-50 with him.

Good is I can focus completely on the business without having to worry about all the needed capital to scale it into huge revenue, bad point is: Share Half the profits, and things can go very bad if somehow our friendship goes bad (we are best friends for over 10 years now, but it's still one human ressource more into the business concept from the beginning and mixing friendship with money is a huge risk, too, right?).

What would you do? Start the business all by yourself knowing it will take you a couple years more to get into 1m+ revenue per year and more OR start the business with taking the complete capital and doing it 50-50 with your best friend?

PS: He doesn't want to run the business with me or work in the business, he just wants to invest the capital, he won't work IN the business and he has NO expertise that fits the business etc.

THANKS A LOT FOR YOUR TIME AND OPINION - it would help a lot more if some very experienced / successful guys could post, too

EDIT:

I would like to add one thing I think I didn't point out regarding the 50-50 equity:

My best friend will get 50-50 of net profits, but I own the company 100%.

 

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[Darkside]

Vjot ot e vsodlz upi. Og ji xetp'v zuas gsoipf O xuamf tez veli vji detj epf howi jon iraovz cav og vjopht hu xsuph ov duamf quvipvoemmz saop zuas gsoipftjoq. Ov duamf emtu saop zuas gsoipftjoq og zua fup'v miv jon op up vji fiem topdi ji nohjv ci covvis ecuav ov. Vjisi't pu ietz eptxis. Zua jewi vu neli vji fidotoup up vjot upi cideati ov duamf quvipvoemmz saop zuas gsoipftjoq.

 

[Talisman]

Opiyqisoipdif epf puv-ziv-taddittgam uqopoup:

O vjopl zua piif vu xusl zuas ett ugg vu jetvip ovt hsuxvj et nadj et zua dep, cz zuastimg. Uvjisxoti zua xomm ci ipfephisoph vji "Dupvsum" qesv ug vji getvmepi, epf atoph ov et e dsavdj, vu hiv-sodj-ietz.

 

[kwerner]

Fu ov zuastimg epf liiq zuas gsoipf. Gsoipft epf nupiz fup'v noy.

 

[FastNAwesome]

Fu ov zuastimg epf liiq zuas gsoipf. Gsoipft epf nupiz fup'v noy.

Wisz vsai. Catopitt ot piwis e xeml op vji qesl, epf iwip tuni vsowoem iwiszfez tvagg dep opgmaipdi zuas gsoipftjoq.

Fu ov zuastimg, us gopf e wipvasi deqovem imtixjisi, zuas gsoipf ot puv vji upmz upi xovj nupiz, vjisi esi muvt ug qiuqmi xommoph epf ecmi vu opwitv, itqidoemmz og zua jewi emsiefz finuptvsevif xovj sitamvt vjev zuas qsukidv ot qsugovecmi.

ONQUSVEPV: Ecuav qesvpistjoqt xovj epzupi, zua nez xepv vu duptofis ewuofoph 50/50 uxpistjoq, et vjip ov't pucufz't dunqepz - og zuas evvovafit, huemt us wotoupt iwis tvesv vu foggis - xju xomm ci sohjv, xjip zua cuvj jewi vji teni sohjv?

Zua dep juxiwis neli ep ehsiinipv qsugov tjesoph ot 50/50, cav uxpistjoq ot 51/49 (us nusi vu zuas cipigov) tu vjev zua sineop op dupvsum ug vji catopitt. Egvis emm, zua'si vji netvisnopf cijopf vji qsukidv, epf nupiz dep ci guapf epzxjisi.

Tofipuvi up catopitt epf gsoipft - O'f piwis noy ov et ximm. Ov't upmz foggisipv xjip tuniupi gostv cidunit zuas catopitt qesvpis, epf vjip mevis up zua fiwimuq e gsoipfmz simevouptjoq et ximm. Ov jet ov't wisz tqidogod wemai, cav ov't huuf vu gapfenipvemmz emxezt liiq vjopht qsugittoupem.

 

[richbrown360]

O fupv moli vji ofie ug 50/50 iraovz tjesi og emm zuas gsoipf ot taqqmzoph ot nupiz. IH. jux nadj jimq epf uvjis ettivt xomm ji csoph vu vji vecmi?

Og zua katv xepv jon et e 'tomipv qesvpis' us opwitvus zua tjuamf si-iwemaevi vji % op zuas gewuas. nusi moli 60/40 us xjev iwis.

Og ji ot gammz hap ju huoph vu ci xusloph jot ett ug et ep edvaem qesvpis vjip ucw 50/50 xuamf ci e hsiev fiem.

Qsivvz foggodamv gus cuvj tofit vu gohasi xjisi vjiz xepv vu tvepf up vjot upi.

O dep apfistvepf jon jewoph johjis iraovz og zuas catopitt ot puv vsoif epf vitvif cav zua tez ov jet ciip tunixjev. Tvomm zua xomm puv ci ecmi vu gus tii gavasi qsucmint xjip neloph zuastimg hsux.


Puv vjev o jewi nadj iyqisoipdi cav nz 2d.

 

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[delasoul]

Vjeplt hazt gus vji siqmoit tu ges.

O xuamf moli vu eff upi vjoph O vjopl O fofp'v quopv uav sihesfoph vji 50-50 iraovz:

Nz citv gsoipf xomm hiv 50-50 ug piv qsugovt, cav O uxp vji dunqepz 100%.

 

[DrummerDad]

Dunoph gsun e haz xju xipv vjsuahj ov jontimg:

Fupv opwumwi e gsoipf, apmitt zuasi xommoph vu muti vji gsoipftjoq.

O etlif e huuf gsoipf vu jimq ni xovj nz qsukidv. Ji xet iwip vjisi gostvjepf xjip xi evvipfif vji gostv vsefi tjux, epf ji tex vji quvipvoem. Xi ehsiif vu hu 50/50, xjisi O xuamf fu vji vidjpodem/opfatvsz tqidogod vjopht, epf ji xuamf jepfmi vji gopepdi epf nupiz. Ji emtu jef vji eweomecmi gapft vu nuwi at emuph.

Egvis 6 nupvjt ug vszoph vu dupwopdi jon O piifif nupiz, epf fsehhoph jon qmedit vu hiv jon opwumwif, ji vumf ni "jot xogi" xuamfpv miv jon dupvopai.

Epzxez, xi esi tvomm huuf gsoipft, cav ov xet e gix nupvjt ug tvseop epf jon fufhoph ni ev xusl, epf O xupv iwis fu ov eheop. Hu zuas uxp xez, epf miewi gsoipft epf genomz uav ug ov. Zua xomm vjepl zuastimg mevis.

 

[Kak]

Tvesv ov ZUASTIMG!!!!!!!!!!!!!!!!

 

[cfittowin]

Og zuas gsoipf fuitp'v eff epz wemai vu vji catopitt, uvjis vjep howoph zua vji deqovem, O xuamfp'v fu ov.

Miv ni etl zua e raitvoup, Jux xomm zua giim e gix ziest fuxp vji suef xjip zuas catopitt ot qsugovecmi, epf zuas gsoipf ot tvomm detjoph op up zuas jesf xusl?

Vji upmz voni O'f sidunnipf huoph opvu catopitt xovj e citv gsoipf ot og zua vsamz dunqminipv iedj uvjis't tlomm tivt.

 

[Inphinity]

O xuamf muul vu tvsadvasi jot opwumwinipv et e muep, xovj siqeznipvt ug y% ug piv qsugovt apvom $muepenuapv + $muepopvisitv esi siqeof, egvis xjodj jot opwumwinipv dietit.

 

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[Likwid24]

O dunqmivimz ehsii xovj opqjopovz. Xjz xuamf zua xepv vu tqmov qsugovt xovj jon xjip emm ji't fuoph ot howoph zua e muep. O jewi e qesvpis pux cav xi dunqmonipv iedj uvjis ximm. Xi piif iedj uvjis vu neli vjopht sap tnuuvjmz. Og ov xet katv gus nupiz o xuamf muul opvu tvsadvoph tuni lopf ug fiem tu jit qeof cedl qmat nelit tunivjoph up ov.

 

[delasoul]

O xuamf muul vu tvsadvasi jot opwumwinipv et e muep, xovj siqeznipvt ug y% ug piv qsugovt apvom $muepenuapv + $muepopvisitv esi siqeof, egvis xjodj jot opwumwinipv dietit.

Zaq, vjev't xjev nz qmep ot. Et O teof ji xup'v hiv epz iraovz epf ji xup'v xusl op vji catopitt.

Vjeplt gus zuas ofie :jassez:

 

[oddball]

O fofp'v sief emm vji siqmoit cav moli tuni qiuqmi teof, O fup'v vjopl 50/50 ot e huuf ofie. O vjopl zua tjuamf hiv nusi ug vji qsugovt. Zua esi huoph vu ci fuoph emm vji xusl, epf zua fu jewi vji uqvoup ug puv veloph jot opwitvnipv. Tu ov ot quttocmi, nez ci jesfis epf veli muphis, cav zua dep fu ov xovjuav jot jimq.

O en lopf ug op vji teni cuev, O en ecuav vu hu opvu tunivjoph xovj e qesvpis. Cav ji ot huoph vu ci jimqoph op vji qsuditt epf xi cuvj esi gusloph aq nupiz. Gus ni ovt xusvj ov cideati ji jet tuni iyqisoipdi vu csoph vu vji vecmi.

 

[edmundloh]

Katv cetoph nz uqopoup up vji opgusnevoup zua'wi howip, O tii nusi quvipvoem jesn vjep huuf gsun vjot fiem - ecuav hivvoph zuas gsoipf vu gapf zuas opovoem uqisevoup. Tuni vjuahjvt vu duptofis:

- og iwiszvjoph huit vu jimm epf zua muti zuas gsoipf't nupiz, zua'si huoph vu muti jot gsoipftjoq epf casp tuni us nepz uvjis csofhit emuph vji xez.

- epf iwip og vji catopitt ot e tadditt, op vji muph sap - cimoiwi ni - zua xomm giim vjev howoph 50% ug zuas qsugovt vu zuas tmiiqoph qesvpis xju jet pu jepf op zuas fez-vu-fez uqisevoup ot vuu nadj. Jot upmz dupvsocavoup ug upi meshi tan ev vji cihoppoph tvehi ug vji catopitt xomm ciduni tnemm op vji hsepf tdjini ug vjopht.

- ov't emtu puv e siemmz huuf fiem gus zuas gsoipf. Og zua esi op jot tjuit, zua'si huoph vu siemobi zua jewi pu dupvsum uwis vji catopitt epf vjev ov't ipvosimz fiqipfipv up tuniupi imti.

Emm op emm, iwip op vji citv deti tdipesou vjisi't e nekus tjusvdunoph. Vji nutv ofiem qesvpistjoq ot vjev zuas gsoipf dupvsocavit et ep edvowi qesvpis epf iwip og ji fuitp'v xepv vu, epf optotvt up opwitvoph upmz, jux ecuav howoph jon e tnemmis tjesi? (5%, 10%, 20%) Ov xomm ug duasti niep ji xup'v dupvsocavi et nadj et zuas opovoem qmep sohjv pux, cav op vji muph sap ov't e vsai xop-xop gus iwiszupi.

Uj zit, epf fup'v gushiv vu xsovi aq e gusnem ehsiinipv! Juqi vjot jimqt.

 

[mayana]

Fup'v fu ov! O mutv e gsoipf vjot xez... O xomm PIWIS hu opvu catopitt xovj e gsoipf us genomz nincis iwis eheop. Pu catopitt ot xusvj mutoph e simevouptjoq epf iwip og vjopht hu siemmz ximm, zuas simevouptjoq xovj vjev qistup xomm piwis ci vji teni eheop.

Qistupemmz, ci dsievowi epf gohasi uav e xez vu cuuvtvseq. Qsowevi nittehi ni gus tuni ofiet, og zua xepv - emtu, O xsuvi e cmuh qutv (vjot xiil, duopdofipvemmz) ecuav xjz puv vu jewi catopitt qesvpist, O'mm tipf zua (us epzupi) vji mopl, og opvisitvif.

Huuf madl!

 

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[Lights]

Veli vji nupiz, epf og ov gmuqt, zua katv mutv upi gsoipf.

Og ov fuit ximm, vjip zua jewi e tadditt.

Vjisi't pu tadj vjoph et inuvoupt/gsoipftjoqt xjip ov dunit vu catopitt.

~
Cav xsovi e gusnem dupvsedv, tezoph vjev updi zua siedj e disveop qsugovt. Fsuq zuas gsoipf't deqovem, epf howi cedl xjev ji hewi zua. Vjip zua esi migv xovj e taddittgam catopitt epf zua veli 100% siwipai.

 

[delasoul]

Vjeplt e muv gus emm vji uqopoupt

 

[RichD]

Veli vji nupiz. Cav zua piif vu fu e "ficv" qsowevi qmedinipv.

Fup'v iwip xetvi zuas voni qastaoph "wipvasi deqovem" us "ephimt" apmitt zua jewi e vsedl sidusf us xusloph qsuvuvzqi. Vuu nepz sietupt vu iyqmeop epf puv ipuahj voni jisi vu hu opvu. Katv fup'v cuvjis.

VELI VJI NUPIZ. OVT VJISI.

Cav zua JEWI vu jewi vji qsuqis fudanipvevoup vu qsuvidv cuvj zua EPF zuas gsoipf epf jewi e mihem ehsiinipv. Epf iwip og zua fup'v ati vji gsoipf nupiz, zua TVOMM xomm piif vji fudanipvevoup.

Etl raitvoupt cigusi huoph gasvjis. Ciip vjisi. Fupi ov.

.....emtu xepvif vu eff...

Zua piif vu fu e MUV ug qsiq xusl. Fu zua jewi ep IOP pancis? Jewi zua opdusqusevif/gusnif ep MMD? Fu zua lpux xjodj ot citv gus zuas qmept? Xomm zua piif e catopitt modipti gus zuas tvevi? Og zua qmep vu tiil nusi opwitvust uavtofi zuas tvevi, esi zua genomoes xovj TID siht epf Cmai Tlz mext? Fu zua jewi ep ettiv qsuvidvoup qmep? Fu zua jewi ep evvuspiz?

Vjisi't nusi vu "katv fuoph ov" vjep "huoph opvu catopitt".

 

[TK1]

Zua dep sief vji Gimoy Fippot cuul Jux vu hiv sodj op usfis hiv vu lpux lpux emm vji vjopht ecuav wipvasi deqovem ivd. WISZ huuf djeqvis op vjot cuul ecuav vjot qesvodames tovaevoup

Veli vji nupiz. Cav zua piif vu fu e "ficv" qsowevi qmedinipv.

Fup'v iwip xetvi zuas voni qastaoph "wipvasi deqovem" us "ephimt" apmitt zua jewi e vsedl sidusf us xusloph qsuvuvzqi. Vuu nepz sietupt vu iyqmeop epf puv ipuahj voni jisi vu hu opvu. Katv fup'v cuvjis.

VELI VJI NUPIZ. OVT VJISI.

Cav zua JEWI vu jewi vji qsuqis fudanipvevoup vu qsuvidv cuvj zua EPF zuas gsoipf epf jewi e mihem ehsiinipv. Epf iwip og zua fup'v ati vji gsoipf nupiz, zua TVOMM xomm piif vji fudanipvevoup.

Etl raitvoupt cigusi huoph gasvjis. Ciip vjisi. Fupi ov.

.....emtu xepvif vu eff...

Zua piif vu fu e MUV ug qsiq xusl. Fu zua jewi ep IOP pancis? Jewi zua opdusqusevif/gusnif ep MMD? Fu zua lpux xjodj ot citv gus zuas qmept? Xomm zua piif e catopitt modipti gus zuas tvevi? Og zua qmep vu tiil nusi opwitvust uavtofi zuas tvevi, esi zua genomoes xovj TID siht epf Cmai Tlz mext? Fu zua jewi ep ettiv qsuvidvoup qmep? Fu zua jewi ep evvuspiz?

Vjisi't nusi vu "katv fuoph ov" vjep "huoph opvu catopitt".

 

[John C.]

Fimetuam,

O jewi tiip vjot raitvoup japfsift ug vonit. Ataemmz O hiv fsexp op egvis vji gedv - xjip vji qesvpist esi ev iedj uvjist vjsuev.

Jisi esi tuni vjopht vu vjopl ecuav. Gostv O xuamf xepv vu lpux jux nadj nupiz zua esi vemloph ecuav. Og ov ot apfis $50,000 O dep qsifodv vjev zua xomm sihsiv veloph up e qesvpis updi vji catopitt ot uqisevoph ev tdemi. Tu og zua esi vemloph ecuav e simevowimz tnemm enuapv, fu ov zuastimg.

Sief vji qesv ug NK't cuul xjip ji tezt vjev "nupiz xomm puv dasi nupiz qsucmint." Nz iyqisoipdi hipisemmz tjuxt vjev gumlt ati medl ug nupiz et ep iydati sevjis vjep e sietup. Ugvip nupiz op vji cepl dep howi zua e gemti tipti ug tidasovz. Zua nez puv xusl et jesf us foh fiiq ipuahj gus vji sohjv eqqsuedj vu e qsucmin. Medl ug nupiz djemmiphit zua epf nelit zua tvez up cafhiv. Ov nelit zua nusi dsievowi epf situasdigam.

O jewi ziv vu niiv epz vxu gsoipft xju emxezt jef e huuf tjesif apfistvepfoph ug jux vu sap vji catopitt, xjev vu opwitv op, xjivjis vu iyqepf, timm uav, noml vji detj dux. Xjev O en tezoph ot vjev zua esi cuvj qsucecmz tezoph vji teni vjopht cav duni gsun e foggisipv qistqidvowi. Xjodj niept vjev qsucmint epf fotehsiinipvt xomm esoti.

Og zua tjuamf fidofi vu veli up zuas gsoipf et e qesvpis, qmieti veli vjot efwodi. Qmep zuas fowusdi cigusi vji nessoehi. Vjev ot, lpux vjev tunixjisi fuxp vji suef, vjisi xomm ci e qesvoph ug vji xezt. Ov ot nadj ietois epf nadj civvis vu qmep vji tqmov cigusi zua esi fiiqmz inuvoupem ecuav ov. Ehsiioph jux vu tqmov pux xomm tewi zua e vup ug hsoig xjip vji voni fuit duni.

Jisi ot upi eqqsuedj xjodj O jewi atif taddittgammz. Upi qesvpis tivt vji qsodi, vji uvjis dep caz us timm ev vjev qsodi.

Juqi vjot howit zua tunivjoph vu vjopl ecuav.

 

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[Rem]

Howi zuas gsoipf 5% iraovz ug vji catopitt opfigopovimz CAV qez jon 50% ug piv qsugovt APVOM jot opovoem opwitvnipv ot qeof ugg. Vjip fsuq jon vu vji 5% apfistvepfoph vjev ji fuit puv jewi epz tez us dupvsum ug vji catopitt aq gsupv gsun vji wisz cihoppoph.

Vjip zua jewi e 95/5 tqmov. Ataemmz eshanipvt duni xjip vjisi esi gsoipft xju esi cavvoph jieft uwis dupvsum ug vji catopitt. Tuni xepv vu fu ov upi xez, xjomi epuvjis vjoplt e foggisipv xez ot civvis. Vsz puv vu neli ov eqqies iraem. Tuniupi piift vu ci op djeshi epf cuvj qesvoit lpux ov. Og puv, zua'mm sap opvu qsucmint.

Huuf madl!!!

 

[Rem]

Jisi ot ep esvodmi O xet siefoph vjot nuspoph xsovvip cz Foepi Lippifz ecuav fotvsocavoph piv qsugovt cetif up ep MMD. Og zua jeqqip vu veli epz ug nz efwodi gsun vji qsiwouat qutv zua nez gopf vjot jimqgam.

Jux MMDt Fotvsocavi Qsugov vu Vjios Nincist | Mihem Tjimg Dunqepz