Negotiating a founder agreement requires open communication, transparency, and trust. Here are some steps to follow:
Early Discussion: Initiate discussions early to ensure that all founders are on the same page before significant contributions are made. Professional Advice: Seek advice from legal professionals or experienced business consultants to draft a fair and legally sound agreement. Honesty: Be honest about your expectations, contributions, and commitments. Transparency helps in building trust among co-founders. Flexibility: Be willing to compromise and find a middle ground that is acceptable to all parties involved.