It's already stated that their math is flawed, but you can show them by pushing it to the extreme. What if they took 10% of everyones equity. That would leave them with 30% each and you with nothing.
I've been on the flip side of the fence. I've had some ideas I was quite keen on, but then got them destroyed by experts in the field. When an expert like Chris tells you that you have a good idea, then you know you're onto something.
I spent a few month in rural Nepal (think $10/month for rent). An ipod, digital camera and a few grand in the back account was enough to be considered uber-rich. It's all perspective.
Sidenote: Now im back in the startup game and im just as greedy as every else
sourc3, Try www.efactor.com. It is a social network for entrepreneurs, and there are already 800,000+ users. You can connect with the businesses you are trying to target.
I am helping a serial entrepreneur who has the exact same problem of "turning his brain off". The best thing we have found is the pranayama iPhone app by saagara.com.
Try it for 15 minutes, everyday, either in the morning, or before bed.
I am helping a serial entrepreneur who has the exact same problem of "turning his brain off". The best thing we have found is the pranayama iPhone app by saagara.com.
Try it for 15 minutes, everyday, either in the morning, or before bed.