#Startup #CoFounder #ProductivityIssues #RemoteWork #Equity
Hey everyone! 🚀 So, I’m in a bit of a pickle and could really use some advice. My partner and I were working on building a SaaS product together, but recently he landed a full-time job with a high salary. Now, his productivity has taken a hit, and I’m not sure how to handle the situation.
Here’s the breakdown:
– My partner’s work quality has decreased
– Meeting frequency has gone down
– Response time has increased dramatically
– We haven’t discussed equity yet
– Partner seems less passionate about the project
Possible Solutions:
– Have an open and honest discussion with your partner about expectations and commitment
– Consider restructuring roles or finding a new co-founder who is fully committed
– Clearly define equity allocations and responsibilities moving forward
I have a meeting coming up with my partner, and I really want to address these issues. Any tips or insights on how to handle this situation would be greatly appreciated! Let’s brainstorm together. 💡 #StartUpProblems #HardConversations
I’d meet with him and be pretty direct: either leave the job and work full time, or move on from the startup.
Frankly, I’d expect him to keep the job, but you aren’t going to get far with someone who isn’t committed.
Also: why do you need another technical cofounder? It seems like you can handle the code. If I were you, I’d get the front end put together and look for a seller (or marketer, perhaps, if you’re B2C).
I’m not sure I would bring up the topic. I would just not involve him in your plans and let him focus on his full-time job since you haven’t signed an agreement with him giving him equity in the company, you have protected yourself from someone who isn’t potentially putting as much value into the company as you can. I’ve seen a lot of stories of founders, and then having disagreements about their contributions.
its like breaking up with someone, ”
“this isnt working, you clearly have a full time job and that is great, but us working as co-founders as a startup just isnt possible given your full time committment to your job.”
just break up and move on. he wont pick you over a full time job.
I have similar problem, but it is other way around, I am having job, and I am handling these projects as 50% partner, but my partner never keeps me in loop and only told me what to do, I was never in meeting and there is clear disconnect between client and me which is why I lose interest and start working on my new product.
I’ve suffered the same exact experience it’ll only get worse and eventually he’ll disappear all together so I would if it all possible cut him loose now and even if you have to take a step back and replace them because you’re doomed for failure with that kind of person attached to you.
Do u guys equity or put money in for this thing? If so maybe that’s good he has extra cheddar if he’s inclined to keep the project afloat? Idk your details just talking