ideal response?

After reading the Learning from Mistakes section about Snapchat, there are some conclusions that can be drawn from it; Many cases of start-ups with related disputes consist of family or friends who are close with the founders, but are also unqualified in their positions, which has the potential to lead to problems. Even if the founder of a start-up hires their close family members or friends, they need a business structure that concentrates their authority to either them or a single person. Whether or not the power is held in one hand or more, contracts are always a necessity so that all parties know what their responsibilities entail; Such contracts should consist of a description of roles as well as information letting everyone know that they are in a serious business agreement. In my opinion, I think that the main reason for founders failing to work up formal written contracts about ownership and credit is the perception of the relationship between founder and partners; Since there is already a casual relationship between the two or more people, they think that there would be no place for a dispute and in turn no reason for a written business contract. I would definitely be comfortable having that conversation with a partner in a new business. The earlier we have that conversation, the better; To me, it is a sense of common sense in business at this point. There have been many examples of similar disputes now within companies to know that when you enter a place of business, it is normal to sign a mutual contract in case that there are any issues in the future. In a new business, everybody participating should know that there is a common goal of growing that business. As everyone has a set of responsibilities, they should know how heavily their jobs weigh and that is how I would initiate that conversation.