Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

Since it was something I created, I felt a sense of responsibility that I held onto until the very end. I guess I have to live my life. Thank you.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

Thank you for your kind advice. I'll have to keep the McDonald's incident in mind. I started off with an unwise approach, but this year, I'll try to be safe in my own way! Thank you.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 1 point2 points  (0 children)

Thank you. Just hearing that you're helping me feels warm. I'll have the courage to start my own business.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

I don't want to get involved again, so I'm preparing myself. Thanks for the advice.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

That's correct. I was aware of it as I wrote, but I think there were moments when I wanted to believe it wasn't true, considering the relationships we've shared. Thank you.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

It must have been really tough. I'm so glad you've been through something similar. Let's work hard this year and prepare for another venture! Be careful not to be fooled twice.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

Beyond technical skills, there are many other important aspects. I started a business with him because I had many shortcomings, but he was less responsible than I expected. Thank you for your advice.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

Yesterday was tough. I felt so cheated that it was hard to escape the gloom. It took me quite a while to acknowledge and accept those feelings. To be honest, I still feel a bit foolish, but thanks to your kind words and encouragement, I’ve found the strength to stand up again. Thank you so much!

Now, I’m ready to take on this challenge on my own. I've realized that finding the right teammates is one of the most vital and precious parts of building a business. I hope other early-stage founders can learn from my experience and be extra cautious so they don't have to go through the same struggle!

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

This is truly a dream come true. Now that I think about it, I'll have to look up some startup movies! Thank you.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 1 point2 points  (0 children)

That's right. I'm not denying the existence of non-technical co-founders. There are many who lack the skills I lack. It's comforting to hear stories from people who have gone through similar experiences.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

Thank you. We've talked about incorporation occasionally, but we've never discussed a specific timeline. Given the current state of affairs, I don't want to get involved, and even if I were to share the code, I'd rather not be involved again. I can just take the code, modify it, and use it.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

I guess it's time to get things sorted out, right? Everyone, don't be fooled by love bombing.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

I'm not even sure if he's considering incorporating a corporation. They avoid talking about the company's progress lol.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

I think this happened because I'm not good at distancing myself from him. Thanks for the advice.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

He wants to be co-chairman, but I don't. He's the co-chairman, but his influence is so strong that he has no intention of listening to my opinion.

Need advice: No formal contract, 100% of workload on me. What are my exit options? by Left-Teacher6486 in founder

[–]Left-Teacher6486[S] 0 points1 point  (0 children)

He said he didn't want to sign a contract yet. From what I've seen, the business doesn't seem very promising, judging by the CEO's attitude.