Recently I partnered with my friends to create a company. I know partnering with friends is always very risky. But I did this because I felt they have the same work ethic as me. However, there are some signs that could be potential red flags. Right now i am the only founder but was planning to add them later. It has been already 2 months of founding a company but I felt there hasnt been any progress made. We have a meeting just once a week. I have done graphic design for the logo but they were thinking about using logo maker platform. I had no problem with that but in the end They decided to use my design. However, during previous I reminded them to think about slogan but still havent received any and its been 2-3 weeks. One day I asked them send document that is quite important for company, but they forgot about it. How should I approach this problem? Should I raise the issue with them directly and see if they grow and change. Or do you think it’s hopeless and give it up. I know they have study to do, but all of us wanted it badly, so I felt it doesn’t make excuse.
Partnerships should have an ironclad agreement showing who’s responsible for what and how much time they need to dedicate. If you don’t feel he’s dedicating the time then force him to track his hours, just like employees and bosses do. You two are eachothers bosses and need to keep eachother in line