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Need advices related to a relation with a Partner in an online business
I need your advice guys if you could suggest some helpful ideas in my case.
I have a website launched for 6years about teaching mathematics + Youtube channel for 6years also with 6000 subscribers.
Monthly website pageviews are between around 30 000 to 45 000 or even more ( except summer school holiday)
I feel in need of the help of creating more content especially youtube videos which take too much time for me...
I have a friend of mine ( like a brother ) with the criteria I need because of his knowledge in mathematics and his teaching experience but i do not know how I can define his payments concerning videos he will make for my youtube channel ?!!. I need your advice if you have any idea of a formula to suggest to him.
His task is just creating videos for my youtube channel ( we will define videos subjects together and searching interesting keywords will be my task because he knows nothing yet in online marketing and even in making videos ) and I will also insert in the website articles, I will make in the same time, related videos he will produce. Then, I share them on social media like my Facebook page and my own Facebook group... Everything related to the marketing of these videos made by him is me who will do it.
I told him that I will pay him 20% of youtube ads earnings coming from videos he will make ?!!! Is it fear ?!! I need your advice guys please concerning the earnings percentage I can offer him for a long-term partnership with him. Also, what can i suggest to him as a final payment in case we stop working together for X reason after 1 or 2 years or less for example and he already uploaded videos which belong to my channel and I have to keep them ?!! What can I suggest to him in case he uploaded just some videos without being willing and being motivated to make new videos ?!!!
Thanks in advance for all of you guys.
Hi friend, you can discuss this point from now, that if he stopped, or you stopped, what will happen, you have to agree on something from now before you start working.