Thanks for your input ChunkyLover,
Although I feel you, like many others here, have missed the point of my post. I'm not actually looking for a potential candidate on AAM. I simply wanted to gauge how plausable such an offer would be, assuming the business idea was sound. I will obviously divulge far more information, i.e all information, once, no if, I take it any further.
To clarify my question, would the following be in any way an attractive offer to an entrepreneur starting out in the business world, "assuming the business idea is sound"
1. I will give you the idea.
2. I will give you the website and domain name.
3. You will receive 80 percent of any net profits made.
4. After 5 years, provided you meet set targets, you will own 90 percent of the company.
5. If at any point within the 5years you are not meeting targets it will be at my discretion to terminate the contract. After the five years, if successful, 10percent of the company and net profits will remain in my name.
If this is a plausable offer then what would be the best way to find a suitable candidate??
Zapa.
Zapa - can you pay the "entrepreneur" a regular wage? If anyone is going to invest time and effort, before hoping for any profits, they will need to cover their expenses and time. Plan for these wages in the first year as your "investment" in order to get the thing off the grouns.
And, the people with possibly the most amount of time are students... try advertising through the postgrad network. There are many postgrads who have experience behind them and also have a few hours per week spare.
Are these thoughts any help?
Bob
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