I love the “start something” mentality for a whole lot of reasons…particularly because it emphasizes that the most important part is actually starting something. I feel like too many potential young business owners never start something for one reason or another. Any action is better than no action. If you fail, you learn and try again.

As far as the partnership stuff, definitely get a lawyer experienced in writing partnership agreements. It cost us less than $500 for a great lawyer to incorporate us and put together the partnership agreement. The piece of mind is well worth every penny. You can probably get a good referral if you just ask around a bit.

As far as being cautious, I think you’re definitely correct. As long as you’re at the job you want and need the paycheck. When you do finally leave, you want it to be on your terms…not because they fired you for blogging. If you can, take a look at some of the company rules for blogging and for running outside businesses. Some are fine with it, others require an approval process or downright disapprove. You don’t want to get blindsided if they do find out.

As far as whether or not it’s a good time to start a business, I definitely think it is. But that’s a whole post in and of itself

Feel free to drop me an email if you’d like to discuss anything privately in more detail (adam [at] adam-mcfarland [dot] net).

I love this post. Back when I was in college the tag line of our Entrepreneurial Society was “Start Something”. Truly it is better to be proactive and take your career into your own hands then to be handed a pink slip time after time.

I would also love to hear more about your partnership agreement with your partners. I am in the middle of trying to start a business and my partner and I are working through putting together a partnership agreement. What are some things you would reccommend considering based on your experience.

I am nervous to openly blog about it on my blog yet since I am still employed and don’t want my employer to get wind of the project.

Also another topic could be about starting a small business during these recessionary times. Is it a good idea or not?

Cheers,
Travis

Great blog! I really enjoyed reading this blog about “Building Something.” Especially where you write, “We’re building something. Every day our company grows and gets a little better. We can see the progress not only in our bottom line, but in the feedback we get from our customers.” I really can associate with what you write about. Keep up the great work!

-Joseph