Re: [Developers-Entrepreneurs] Co-Founder wanted

From: Baljeet D.
Sent on: Saturday, September 7, 2013 12:07 PM
Hi Kwesi

What you need is a technology partner who can take care of the product development, whether he hires someone or does it by himself it would be up to him. But as a partner he must share the same passion as you have with this product. You must be able to completely rely on him for development while you focus on the business aspect. He should believe in the idea as much as you do. There should be no conflicts of interest between you two. He should trust in you for business part and you should trust in him for technology part. He must be willing to take the risk as much as you are doing by plunging into this in an attempt to convert this idea into business. He should be someone who will stick to this and will stand beside you in the difficult times. More importantly if you do not have another job then he should also not have any other job but this. There is much more in terms of finding a partner/co-founder than just finding someone who can develop. 
I also believe that finding a developer and managing that yourself is also not a very good idea. If you do not know much about technology then you could end up spending lot of time and money or generate lot of waste. Finding a partner is the right way forward. Good luck.

Cheers
Baljeet


From: kt <[address removed]>
To: [address removed]
Sent: Friday, 6 September 2013, 23:28
Subject: Re: [Developers-Entrepreneurs] Co-Founder wanted

Has anyone of you browsed through his website before? 
www.imakethathappen.­com

I actually think that his proposition is quite good. As he mentioned before he has been working in events and arts industry in the last 10 years so I assume he knows the people in the industry and the painpoint of the industry well. With some trials and errors method he may be able to make it a viable business (but it will take a lot of hardwork). 
I totally agree with Sam and Emily that it is not a good idea to give out equity to a developer for building the web application at this early stage. Kwesi, maybe you can try to hire one of the developers in this group instead. I am sure there will be some developers who are willing to help out with a reasonable fee. 

Please don't be put off by some of the comments here - keep trying/changing until you find the product/market fit. You never try you never know.

All the best!

Kah

On 6 Sep 2013, at 22:26, Sam Livingstone <[address removed]> wrote:

Dear all,

I am not sure I have ever heard of someone agreeing to inject equity into a business basis one single short email.  To be frank, such haste decision making would mean me labelling them quite a serious business risk.

Forgive me if I speak out of turn, just my 2p worth.

Kind regards,
Sam


On 6 September[masked]:03, Emily Ferguson <[address removed]> wrote:
Dear Kwesi,

I wouldn't be so hasty to give anyone equity until both parties have proved that they can have a strong working relationship and both bring complementary skills to the table. Start your business slowly, hire a good freelancer who will be a fraction of the cost of an agency. This way when the business is more established you will be in stronger position to understand what you and your business needs from an equity partner. What you think you want now is not necessarily what you will need when the business is more established. 

Good luck with your start-up

Kind regards,

Emily 

Sent from my iPhone

On 6 Sep 2013, at 08:02, "Kwesi Johnson" <[address removed]> wrote:

Hi All
 
My name is Kwesi I'm an entrepreneur and have worked in events and the arts for over 10 years.  I'm looking for a front and back developer to move my website to the next level and implement the more detailed ideas I have for the site.  I'm offering an equity share in the business.
 
I Make That Happen
Happen enables users to sell tickets for live events and never lose money. The potential audience make the events happen by purchasing advance tickets to attend the event. When the ticket Target is reached, the event goes ahead - it's that simple! Whatever the users passion and they want to create an event, Happen saves them the risk of losing precious money and time by starting a campaign at inception stage. The audience support the campaign and the user knows how popular the event will be, ensuring its success and their profits.





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