I'm a co-founder of a 2 1/2 year old early-stage software company. The company was completely bootstrapped, no outside investing, and we have modest revenue for being such a small company (approx $250k/year). The business was his idea, but I mostly built it. I'm now acting a the developer while he mainly deals with the business-side of things. There's just the two of us and we do have legal representation and agreed to a 50/50 split in the company.
Well - for the past few months, we've been kind of infighting and it's gotten to the point where I'm not sure I want to work with him anymore. For the 2 1/2 years we've been in operation, I've busted my tail end off, worked ridiculous hours throughout the process, and have put in so much of myself into the company - all that and just getting little financial return until recently when the company's started to make some money.
So, my question to the folks here would be - what advice would you give in my scenario? I'm getting a little burnt out dealing with my partner, but don't want to leave what could become quite a lucrative opportunity. Or is there a third route where I can effectively step down, requiring him to find another developer, but still maintain my 50% share in the company?
Any thoughts would be appreciated.