Free PDF from Founder Fallout
The First Five Questions Every Founder Should Ask Before They Sign.
Partnerships are the number one killer of the companies I have watched go under. Most founders never ask the questions that would have surfaced the problem in a coffee shop, six months before it surfaced in a courtroom. I learned these five the hard way, after two Chapter 7 bankruptcies before Murphy Door. Enter your email and I will send you the PDF.
Seventeen American companies. Two Chapter 7 bankruptcies before Murphy Door. Inc. 5000 seven-time honoree. Featured by Fortune. Ogden, Utah.
What is inside the PDF
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01
The financial exposure question. How to figure out, before you sign, exactly what personal collateral, guarantees, and downside each partner is actually agreeing to carry when things get tight.
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02
The decision-rights question. Who gets the final call on hiring, firing, taking on debt, and spending above a threshold. Ownership percentage does not answer this. A separate clause has to.
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03
The exit question. What actually happens the day one of you wants out. Buyouts, valuation method, timeline, non-competes. Write down the divorce before the wedding.
Five questions total. Twelve pages. Free.
Want the other 95 questions
Founder Fallout. 100 Must-Asks Before You Share the Equity.
The full workbook. One hundred questions, grouped into the ten fights every partnership eventually has, with room to write both partners' answers side by side. If the two of you cannot get through the hundred questions without a fight, you have learned something important about the partnership before you sign the papers. Better to learn it in a coffee shop than in a courtroom.