Hi guys, I have been a software developer for 6years now with little or no experience in confounding a business.

I recently became a co-founder in a new start-up that’s still in its ideation stage and about to go into development. We just recruited a UI/UX designer(my business partner is going to pay the salary from his pocket) as I’m not financially buoyant to pay/contribute financially.

I believe we would get to a stage were I will have to quit my full-time job(Android Developer) to fully commit to developing this startup(product).

These are my questions:

Do co-founder(s) get paid ? If yes, at what point should I bring this up to my business partner ? Should this be on or before I quit my full-time job ? At what level should the startup get to before I start making these moves above ?

Thank you for your responses 🙏

  • DaAsiany@alien.topBEnglish
    1·
    11 months ago

    I’d also suggest to set the terms right with your partner and some milestones, at what point do what.

    How did you find the start up partners, btw?