I and my team (atm we are 5 people) are starting our own business. Product I created (those sleepless nights:)) is releated on IT and Mobile services and is orientated to business and NGOs (sorry for not so much info, but product is new, we googled a lot and found no similar services/products). Our team is very young, idealistic (I`m 20, oldest one is 24, others between us), we have experience in our subjects, AIESECers if you know. So this is short intro.
Now the problem: we are discussing a lot about business angels, projects, loans and can`t decide what is best for us. I`m, as a head will decide finaly on the best contract but how to manage that everybody would feel satisfied (team of friends, not co-workers). I`m thinking abou tlistening them all, pointing on table all benefits we can gain from specific sugestions and what we lose, combine those things with long term plans (we are young, but we are doing it!:).
Maybe someone could share his/her practics on working with friends?
Thank you for your time and answers:) Sorry if I made any mistakes.
As always with good mood, Vytenis Saving Changes...
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Aditya ChinniSr Project Manager| JELDWENKlamath Falls, Or, United States
Good to see enthusiastic young team. If you are in Bay-Area you can go to SVASE workshops, incubator for budding entrepreneurs. Even otherwise you can find out similar organizations near you. Here is the link SVASE
Senior Advisor to the CEO| PMISterling, Va, United States
A lot of the questions you have here are related to "Capital Structure". In other words, what sort of funding should you get and how does that affect equity overall and for your team. Here are a couple of links that might help get you started:
PMI Team Member
