Scotthm

I run a digital publishing business that has grown nicely over the past few years, revenue is about $300,000 this year and has grown nicely each of the past few years. I am also employed full time and have a limited amount of time to dedicate to my business. However, I do not want to give my job up, as I have a lot of upside coming up in the next few years.

I have identified someone that I would like to hire/partner with as something similar to a co-founder. I have worked with him in the past and know that he will bring great value to the company, he is a true executer.

I know what he makes currently and that wonder what would be the best mix of compensation, equity, profit sharing and vesting to offer.

Any thoughts?