[riklomas]

Sometimes you just gotta give it a go. I'm not saying quit your job and do it full time, but if someone is going to steal your idea, then they're going to steal your idea tomorrow or in a years time.

Everything is a risk, but you don't want to get to 90 and think "damn it, I should have done that business".

The worst thing that might happen is you might run out of cash, give it up and get another job. Or someone will rip you off (be it a biz partner, investor or rival) and you give it up and get another job. It's stressful and not fun, but you're not going to die if your startup fails.

[digler999]

> if someone is going to steal your idea

Just to clarify, I (gladly) fell out of love with my idea and dont so much worry about people "stealing" it. I'm more worried about a business partner building an "escape hatch" in the partnership contract and screwing me out of ownership/stake. Not sure if that changes your answer or not.

[ux-app]

I recently bought on a partner for my business. It was definitely the best thing I could have done. He's an absolute champ and has the same hunger for success as me. Our skills are complimentary and our little business is slowly but surely growing.

Of course protect yourself. Have a contract. Never go with a vague contract and then hope for the best. Have everything in writing. Ownership stake, expectations an escape hatch for either of you in case of a falling out etc. For us there was a clause stating that the contract could be nullified by either party within the first 90 days for any reason.

I had worked on my side business for 3.5 years at the point I partnered up. My partner first spent 2 months working away and we didn't formalise the agreement. We were making sure that we were going to work well together.

I finally said that we can't go on like this and we really need to formalise his ownership etc. We discussed figures and arrived at an arrangement that worked for us both.

In the end, for me it came down to this: own 100% of 0 or X% of a real business.

Once that clicked for me, bringing on and trusting a partner was an easy choice.

[riklomas]

Yes I agree with this. I think if you're going to offer equity too, offer equity that vests over a longer period of time (3-4 years) might help keep them connected and give them a reason to stay with the business too. Make them work for ownership of the business.

[pc86]

This is why you have an attorney.