Halo NL i rushed down here to seek advice for a troubled mind,I'm about to start up a business and i called 4 young men and tw ladies,so we merge and do this business big,but at this early stage the young men have been very ambitious, trying to share equal rights with me in the business, note that my monies are inside and theirs are not included. I restate these gentlemen haven't added their single funds on this business,but they want to detect equal rights and shares in the business. Also note that the idea is mine also,and I'm the one that can do it,i only called them in so they can benefit from it at the long run, but this early over ambitiousness calls for concern.

When you say 'Partnership' it means you all have rights in the business if not equal.

So let me ask; since you contributed capital, what are they contributing to be called partners? What they contribute determines the extent to rights they have in the business. Don't give us sketchy detail to advise you on.

fvck:
Halo NL i rushed down here to seek advice for a troubled mind,I'm about to start up a business and i called 4 young men and tw ladies,so we merge and do this business big,but at this early stage the young men have been very ambitious, trying to share equal rights with me in the business, note that my monies are inside and theirs are not included. I restate these gentlemen haven't added their single funds on this business,but they want to detect equal rights and shares in the business. Also note that the idea is mine also,and I'm the one that can do it,i only called them in so they can benefit from it at the long run, but this early over ambitiousness calls for concern.

.
Your idea.. Your funds.. Your business... He who funds a business owns the business.. Create the rules.. If they ain't down with it.. Kick them out..

kimbraa:
When you say 'Partnership' it means you all have rights in the business if not equal.

So let me ask; since you contributed capital, what are they contributing to be called partners? What they contribute determines the extent to rights they have in the business. Don't give us sketchy detail to advise you on.

Ur questions are spot on,OP over to you

Learn how to be a Leader! learn how to be in Charge. Learn how to run things.

You may not need all these lessons as a regular person, but once/when it concerns Business you should.

Have you heard of the term CEO before? Have you heard the phrase numerous times repeated severally(lol, what a tautology )

"we run things - things don't run when" !

Indeed you 'r letting your creation(business group) run you!

kimbraa:
When you say 'Partnership' it means you all have rights in the business if not equal.

So let me ask; since you contributed capital, what are they contributing to be called partners? What they contribute determines the extent to rights they have in the business. Don't give us sketchy detail to advise you on.

They're friends i called to man it,we rub minds together. I feel i would need other great minds to run the sustainability of the business

fvck:

They're friends are called to man it,we rub minds together.

I don't get you.

fvck:
Halo NL i rushed down here to seek advice for a troubled mind,I'm about to start up a business and i called 4 young men and tw ladies,so we merge and do this business big,but at this early stage the young men have been very ambitious, trying to share equal rights with me in the business, note that my monies are inside and theirs are not included. I restate these gentlemen haven't added their single funds on this business,but they want to detect equal rights and shares in the business. Also note that the idea is mine also,and I'm the one that can do it,i only called them in so they can benefit from it at the long run, but this early over ambitiousness calls for concern.

Sorry to say this but you sound like you can't control your life much more a business. Look at your moniker on a popular forum for Pete's sake. I would have love to give you some tips but....

kimbraa:
I don't get you.

You quoted the unmodified post

Mrblaster:
Sorry to say this but you sound like you can't control your life much more a business. Look at your moniker on a popular forum for Pete's sake. I would have love to give you some tips but....

Pls i need the advice,forget about the moniker

fvck:

They're friends i called to man it,we rub minds together. I feel i would need other great minds to run the sustainability of the business

fvck:

You quoted the unmodified post

I'm still trying to understand you and your choice of words.

You called four of your friends to 'man' the business. By 'man' do you mean to see to the day-to-day running of the business? If no, then what exactly do they do for you to be called partners?

Is there any agreement like the kind of rewards you're to compensate them with? These are details you should give.

fvck:

Pls i need the advice,forget about the moniker

Okay. Send me whatsapp chat here 07053976698

fvck:

They're friends i called to man it,we rub minds together. I feel i would need other great minds to run the sustainability of the business

You called your friends into a business you are solely funding?

Do you know that one of the lessons they teach in business schools is to keep family and friends separate from business?

I hope you know that friendship now has an expiry date.
The universe is even kind to show you a tip of the iceberg yet you are still asking questions.
That gut feeling you have is common sense trying to help you before it becomes too late.

Anyway, some people learn through experience.
So go ahead.

kimbraa:
I'm still trying to understand you and your choice of words.

You called four of your friends to 'man' the business. By 'man' do you mean to see to the day-to-day running of the business? If no, then what exactly do they do for you to be called partners?

Is there any agreement like the kind of rewards you're to compensate them with? These are details you should give.

Admin right to manage the customers coming online. And there's no agreement

OldBeer:
You called your friends into a business you are solely funding?

Do you know that one of the lessons they teach in business schools is to keep family and friends separate from business?

I hope you know that friendship now has an expiry date.
The universe is even kind to show you a tip of the iceberg yet you are still asking questions.
That gut feeling you have is common sense trying to help you before it becomes too late.

Anyway, some people learn through experience.
So go ahead.

Food for thought