Hi guys, me and friend of mine are about to start a company together. The thing is I don't how to fairly setup the partnership. I've been self-employed for years but have never done any form of joint venture. He's my friend since childhood and I'd like to split everything 50/50. However, the truth is I'm gonna invest much more money than he will (at this time) and also the business is completely based on my skills. A little dilemma for me. My idea is to teach him basics of our field (internet marketing) and then let him do the heavy work which is finding clients. He's talkative and can improvise pretty well so I guess it would be good job for him. Although, he won't probably participate on the actual work (SEO, PPC, etc) and we will need few employees sooner or later. It may seem like a bad partnership for me, but I truly believe my partner could save my a lot of time which will result in faster growth at all. Thanks for your input!