How I Found the Perfect Business Partner (and Split the Company Without a fight -- A Nigerian Billionaire.
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| Successful business partners exchanging handshake. |
October 2025 – From a startup that just raised $2.1M
Two years ago, I quit my job with a half-baked app and $27,000 in savings.
I learned fast: going solo is lonely and risky.
I needed a partner.
Not just any partner — the right one.
Today, we run a growing company, share tacos every Friday, and never argue about money or work.
Here’s the simple, step-by-step way I found my co-founder and split ownership fairly.
Step 1: Know What You Need
I made a short list of my weak spots:
- I can’t code
- I hate sales
- I spend money fast
- I need someone full-time
So I looked for someone who:
- Can build the product
- Loves talking to customers
- Watches every dollar
- Works all in
I posted this list online (like a job ad, but for a partner).
I got 47 replies. Picked 5 for coffee.
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Step 2: Test Before You Trust
I paid each top pick $1,000 to build a tiny project with me — a simple Chrome tool.
We worked together for 3 weeks.
- One guy missed deadlines. Gone.
- One argued over every idea. Gone.
- Alex showed up, fixed my messy designs, and shipped on time.
We made $47.
Didn’t matter.
We proved we could work as a team.
Step 3: Split Ownership the Fair Way
We didn’t do 50/50. That’s lazy.
We used Slicing Pie — a system that tracks who puts in what.
Every week we logged:
- Hours worked
- Money added
- Tools or code brought in
After 6 months:
- Me: 52% (idea + $30k + product work)
- Alex: 48% (coding + $25k + full-time)
It changes as we go. No hard feelings.
We used 4-year vesting. If someone quits early, they don’t take a big chunk.
Step 4: Write It All Down
We paid a lawyer $1,800 to make a clear agreement. It says:
- Who decides what
- When we can pay ourselves
- What happens if one quits
- All work belongs to the company
Start with free templates online, then get a lawyer to fix them.
Step 5: Meet Every Week
Every Monday at 9 AM, we talk for 15 minutes:
- What went well?
- What’s stuck?
- Check the time and money log
Short. Honest. Keeps trust strong.
Warning Signs (Run Away If You See These)
- “I’ll work nights and weekends” → not serious
- “Let’s just split 50/50” → won’t track real work
- Blames past failures on others → will blame you next
Your 7-Day Plan to Find a Partner
- Day 1: Write your “Partner Wanted” list
- Day 2–3: Post it online (Indie Hackers, YC Co-Founder Matching)
- Day 4: Pick 3 people. Pay $1,000 for a small test project
- Day 5: Track time and money in Slicing Pie
- Day 6: Make a simple agreement (use Clerky or Rocket Lawyer)
- Day 7: Sign it. Start building. Eat tacos.
One Question to Ask
“If this all fails, will I still respect this person?”
If yes — you’ve got a winner.
Share your co-founder story below. First 5 get a free Notion playbook (no email needed).
Tags: find business partner, split ownership fairly, co-founder tips, startup equity, partnership agreement
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