As long as you control the majority of shares then youi have no worries. What good is 20% of a private company?. Let's say you make $100,000 profit. You either vote to give him 20% of $100,000 or you first give yourself an $80k pay rise leaving $20,000 profit of which you give him 20% ($4k). Easy!

I came up with a product, 100% me I did the designs and measuring testing everything. I have a friend/classmate who is going to do the product on autoCAD and well im regretting it i could've hired some. Well I committed a mistake making him think he will get some of the shares of the company or something so is there anyway to give a share for a limited time like give %20 of the companies earning for like a year. so in a year I will be the complete owner, also if you are watching the TV show Silicon Valley I don't want to be the asshole... great show btw if you are into steve jobs technology its also funny.

thank you for taking time to read this. so what would you do in my shoes?