|Disclaimer: Long time HN, written from a new frow-away account.|
Almost a year back, I met a (not so close) friend, who like me, quit his job and was looking to strike out on his own. After some "dating" we decided to start a company. I was to write the site and he was to do the bizdev/sales.
Half a year later:
The site is up and running. We have invested some of our money and spent months of work on it. And now came the second part. He needed to go out and start getting customers while I continued ironing out the tech parts.
Here things started to take a turn. He never truly fails, but constantly gets very average (and below) results. Reading some of the emails he sends and accompanying him to a meeting or two, showed he is far from what I would of wanted.
- Most of the tech stuff is done
- We are getting traction and sales are starting to come in
- Or deals are pretty lame (compared to a direct competitor who has 10x better deals)
While we are slowly growing, I am constantly worried about staying in this business (as this might be my only shot at a venture - savings are running low).
Has anyone been in a situation like this ? I would love some advise..
To clarify: We have spoken on the issue and he admits he is not doing too well. He has suggested we join hands at sales. Sadly I am not good either. There is nothing else he can do to benefit the company.
We both are at the end of our savings, buying each other out is not an option