Hello hackers community,
I'm software developer and I've been working by myself on a side project for over a year. I worked on it during my free time while having a full-time job, but after I quit my job for unrelated reasons, I decided I would work on this side project full-time for a few months until I release an MVP. I launched the MVP in June after many months of hard work.
Right at the beginning, I soon realized that the scope of the project was way too big for only one developer, but I decided to stay on my own and see how it goes. However, this thing keeps coming to my mind from time to time, because not only another developer would speed up the project, but also there's a lot of work related to marketing, SEO and social network that I cannot do alone by myself.
The thing is that I've been doubting for 2 main reasons.
How should equity be divided, after all the though work I've put on it and all the work I'm gonna keep putting on it, I don't feel like 50/50 would be fair, and I don't know if anyone that would like to join, if that person would be really interested on joining taking less than a 50% equity.
Whoever that joins really needs to have the same mindset that I have. I'm really enthusiastic about this project and I truly believe in the long-term potential. But I'm also realistic and I know that making this work and bringing some solid revenue could take 1-2 years. That's why my mindset is enjoying the process of working on this and not focusing on revenue in the short-term, and I don't know if I could bring anyone on board with same mindset/motivation. Because I believe that someone without this mindset, would easily give up in a few months.
What do you think of these concerns? Have someone experience something similar? Should I just give it a try and interview people to see if I could really find someone with same mindset that I have?