Find the most trustworthy, successful businesses in your area and get
referrals for a lawyer. -RickG

On Thu, Oct 22, 2009 at 12:03 PM, Robert West
<robert.w...@just-micro.com> wrote:
> A good lawyer around here is tough.  I have honestly used 5 different
> lawyers in the past 2 years.  They always know but they are always wrong.  I
> hate that.......  Need to find a good one but it's not like a TV where I can
> read reviews!  Yes, they do have legal reviews but it all seems like self
> hype and advertising.  Just as can be expected with lawyers.......
>
>
>
> -----Original Message-----
> From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
> Behalf Of Josh Luthman
> Sent: Thursday, October 22, 2009 11:50 AM
> To: WISPA General List
> Subject: Re: [WISPA] Partnership Agreements
>
> Three methods in order of best to worst:
>
> Buyout
> *Pay the guy a good salary, buy his equipment, buy this and that but do not
> give controlling interest/stock
> Cooperation
> *This never works don't even try
> Partnership
> *You better get a whole hell of a lot before trying this as this ends many
> small companies.  In the last several years I have seen it quite a few
> (frustration, incompatibility, whatever)
>
> 50/50 hardly ever works out - if one goes left and the other right, you're
> not moving. 51/49 or 60/40 is strongly suggested.
>
> Talk to a lawyer.  Be sure the lawyer understands what you want.  The lawyer
> is the only way to truly cover your ass.  Unfortunately, if you don't
> already have one you do not know how good one will be until you give them a
> chance.
>
> Josh Luthman
> Office: 937-552-2340
> Direct: 937-552-2343
> 1100 Wayne St
> Suite 1337
> Troy, OH 45373
>
> "When you have eliminated the impossible, that which remains, however
> improbable, must be the truth."
> --- Sir Arthur Conan Doyle
>
>
> On Thu, Oct 22, 2009 at 11:40 AM, Marlon K. Schafer
> <o...@odessaoffice.com>wrote:
>
>> Hiya Robert,
>>
>> First off, we've got nearly 7000 square miles of coverage (NOT all
> together
>> in one area) and 600 wireless subs.  Plus dialup and fiber (we're a fiber
>> reseller so there's not much work involved most of the time).  You may not
>> really NEED a partner, rather a good secretary.  We take care of all of
> our
>> work with a slug of good consultants who only get paid when there is work
>> to
>> be done, myself and an office manager.  My wife also pays the bills, that
>> takes her 4 to 6 hours per week.
>>
>> If you do decide to partner do not go 50/50.  Then everything ends up in
>> court.  Either take 51 or 49.  Better yet try to go for a 60/40 split.
>>  grin
>>
>> Put each partner's duties on paper.  Lay out in advance who's responsible
>> for what.  If you are technical and installation then YOU make those
>> decisions.  If he's paperwork and construction, then HE makes them, even
> if
>> you don't like them ever time.
>>
>> I've been working in small businesses for a very long time.  I get to know
>> my customers.  I see them come and go, a lot.  One of the biggest things
>> people point out, over and over, is the lack of pre set responsibilities.
>> Sometimes people just naturally fit into their rolls and no one questions
>> how things are done.  Other times the rolls start to overlap and arguments
>> happen.  This is usually a harder thing to do with friends or family
>> members.
>>
>> Having not done the partnership thing I can only give you advice that
>> others
>> have given me....  I've looked at trying to team up with some of my
>> competitors and these are the things that seem to always get us stuck.  If
>> we can't get past them now, we will certainly have to deal with them
> later.
>>
>> Hope that helps,
>> marlon
>>
>> ----- Original Message -----
>> From: "Robert West" <robert.w...@just-micro.com>
>> To: "'WISPA General List'" <wireless@wispa.org>
>> Sent: Thursday, October 22, 2009 8:17 AM
>> Subject: [WISPA] Partnership Agreements
>>
>>
>> > I've had as few people approach me in the recent past wanting to partner
>> > up
>> > with me and to be honest, I can really use someone to carry half the
>> load.
>> > I'm leery, however of getting screwed.  (My father was in business for
>> > years
>> > with one partner and after they took on another they all got screwed to
>> > the
>> > point they were out of business)  A requirement of a partner, for me,
>> > would
>> > be someone buying in with enough cash to grow the company to carry the
>> > extra
>> > weight of the new guy.  The ones in the past turned out to be flakes
> with
>> > only dollar signs in their eyes.  Not a good fit for me, I'm not about
>> > cash
>> > in my pocket, that comes with doing a good job and someone talking about
>> > money all the time scares the hell out of me.
>> >
>> >
>> >
>> > I now have a guy who looks good.  Has the assets and interest.  Has 3
>> > small
>> > towers in parts in his barn, he has a barn converted to an office,
>> > construction equipment, trailers, etc.  He understands there won't be
> any
>> > money flowing in his pocket for probably a year due to the expansion
>> we're
>> > doing.  He says that's fine.   He also has the billing and general
>> > paperwork
>> > experience and background.  (I absolutely hate dealing with the money
> and
>> > paperwork)  Looks good so far.  The construction equipment would be a
>> > help,
>> > no more begging things from farmers and making deals to get a hole dug.
>> > His
>> > current gig is as an electrical engineer, travels around the world as a
>> > contractor overseeing the repair and programming of robotics as well as
>> > the
>> > installation of the equipment.  He says he's tired of being gone all the
>> > time and wants to stay in one area in a field that will be somewhat
>> > related
>> > and complicated enough that he won't get bored.  Hmmmmm..
>> >
>> >
>> >
>> > I've been to his home a few times, even put in a private wireless
>> > connection
>> > between him and his neighbor a mile away.  Seems like a decent guy.
>> >
>> >
>> >
>> > Now he wants to sit down and work things out on paper.  Any advice on
>> > things
>> > to cover my ass on?  Things some of you wished you had down on paper
> when
>> > you started out?  I'm not a partner kinda guy, my business plan is
> always
>> > in
>> > my head, I make much of it up as I go along and I jump in and just do
>> > things
>> > myself so this is new territory.    (However, my total lack of
>> > organization
>> > is due to the previously stated operation of the business plan)
>> >
>> >
>> >
>> > I know some will yell to not take on a partner and I'd be one of them,
>> > believe me.  That's why I've fought them off so long.  But with a larger
>> > network coming online and eyes for even more expansion, it's looking
> good
>> > to
>> > me.   (We currently only have a little less than 200 subs but anticipate
>> > twice if not 3 times that to come online in 2010)   I just don't want to
>> > be
>> > out in the cold or screwed over due to my ability to trust.  I'll never
>> > give
>> > up more than 50%, won't happen, but there are many ways people can screw
>> > others.
>> >
>> >
>> >
>> > It all sounds like picking the right person for marriage.  (I have a bad
>> > track record in that too!!! )  Do ya think maybe him and I should just
>> > kinda
>> > "date" for awhile before we make the commitment?  What would be
>> considered
>> > first base in this kind of thing....?  Configuring a CPE after a few
>> dates
>> > then moving on to a customer installation then if it all goes well, take
>> > the
>> > plunge and climb a tower together?
>> >
>> >
>> >
>> > Weird.
>> >
>> >
>> >
>> > Thanks.
>> >
>> >
>> >
>> > Robert West
>> >
>> > Just Micro Digital Services Inc.
>> >
>> > 740-335-7020
>> >
>> >
>> >
>> >
>> >
>> >
>>
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