Working For An Equity Share
Filed in archive Business by jason on March 20, 2006

- What is the upside for me in all this?
- How much of my time will this take from my life?
- Who are these people are and what are they really trying to do?
Recently I was approached again this type of opportunity. I don't know if it is this blog that attracts these people or what but it keeps life interesting. Anyway, those same few questions started floating through my head and I procrastinated in providing a solid answer to the person asking me.
Then today I was reading the blog that Rajesh Setty writes called Life Beyond Code. He recently released a free eBook
called When You Can't Earn An MBA... and I started reading some of his work. In one section he talks about "Work[ing] With A Startup For Free" and explains a few questions to ask those you will be potentially working with at a hypothetical startup:- What exactly are you going to do for them?
- How much of their time do you need to produce the results that you plan to produce?
- What exactly will they promise in return?
- How will they assess that you were successful in this engagement?
- What are the intermediate checkpoints when you both can determine whether you should continue the relationship until completion?
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