I Need Advice On How To Compensate People Investing In My Start Up - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / I Need Advice On How To Compensate People Investing In My Start Up (673 Views)
........... / In Need Of A Competent Team For My Start Up Company / How Do I Choose A Business Model For My Start-up? (2) (3) (4)
| I Need Advice On How To Compensate People Investing In My Start Up by Donald3d(m): 1:05am On Jun 10, 2017 |
Hello,I am a programmer ,I am working on an app that would change a sector in Nigeria and even the world. I dont want to go to investors because of the huge percentages they ask for . I want to get investment from close friends . Now here is the question : I am a bit new to how the whole investing thing works . I am thinking of giving them a percentage of the company . But how does it really work ,would i be paying them salary ,or giving them that percent of profit every month. Most of them wont be active in the company,some might be . Pls educate me. |
| Re: I Need Advice On How To Compensate People Investing In My Start Up by dingbang(m): 1:07am On Jun 10, 2017 |
Steve Jobs spent alot of money on investors and eventually lost his rights in the beginning. Be careful of those you bring on board |
| Re: I Need Advice On How To Compensate People Investing In My Start Up by Donald3d(m): 1:14am On Jun 10, 2017 |
dingbang:Thank you sir for your words. But i need money to push this thing fast ,you no how ideas are before you know it someone else has done it (It has happened to me a lot ,because of lack of funding). Being a programmer makes it easy ,it reduces money i need to get it rolling . But there are some things i still need money for like domains ,hosting,digital marketing etc. |
| Re: I Need Advice On How To Compensate People Investing In My Start Up by dingbang(m): 1:17am On Jun 10, 2017 |
Donald3d:why not talk to a lawyer ... |
| Re: I Need Advice On How To Compensate People Investing In My Start Up by Donald3d(m): 1:25am On Jun 10, 2017 |
dingbang:I have that in mind ,but would still love to have some idea of how it really works .In addition lawyers are not free hehehehe. |
| Re: I Need Advice On How To Compensate People Investing In My Start Up by dingbang(m): 1:27am On Jun 10, 2017 |
Donald3d:don't have that mentality bro.. If nairalanders asked you for money in exchange for advice, would you be happy? |
| Re: I Need Advice On How To Compensate People Investing In My Start Up by Ademat7(m): 3:21am On Jun 10, 2017 |
Donald3d:Lawyers are cheap when u r not under emergency situation,u will b surprised at d fee d lawyer will charge |
(1) (Reply)
Rocket Internet’s Jumia Shuts Down Jumia Market (kaymu) / Swimpro.com.ng Swimpro Is A Platform That Connects Instructors To Learners / Sex Doll And Human, Why?
Viewing this topic: 1 guest(s)
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 11 |