I've been reading a lot about entrepreneurship the last few months, and I think I might start a small business or non-profit in the near future. Even the books I read that aren't about entrepreneurship make me think of business ideas. I never considered entrepreneurship. I didn't think I could be an entrepreneur. As I near graduation, I am thinking of what I want to do in the world. Through my entrepreneurship class and discussions with friends, I realized I could do something entrepreneurial. My work with SNAC was entrepreneurial, and I learned a lot from my 2 years there.

In my exploration for information about entrepreneurship, I have been thinking who I wanted to work with and what I want to do. However, I never considered how I would split the company. I just assumed it would be 50/50, and I had no reason to think otherwise. I was reading Tom Krieglstien's blog when I saw this:

• Idea / Vision – If the idea / vision were a tangible pie that equaled 100, who contributed what amount to the creation and generation of the idea up until this point? 

• Capital ($) – If the company needs X amount of money (in this case I’m using 100 for X) to get going, who can put in what amount of that total to start? 

• Unpaid Time – In the beginning, founders exchange a paycheck for equity. If the max unpaid time someone could put in is 100, what amount of unpaid time will each person be able to put into the business in the start-up phase? 

• Resources – If you listed out the resources (knowledge, skill, connections, etc) that were needed to make the business successful and the max were 100 per person. How close to 100 would each person get?

Read more Tom Krieglstein's Blog