How do I make a shares/equity proposal? It's my first time to enter a business.
I will be partners with one other person. It's his business and he is bringing me on because he doesnt have time to work on it.

We have discussed that I will be running the company and operating A-Z once he teaches me. But he will always be there for guidance.

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If you can afford it, try to hire a lawyer. Perhaps metrics to hold each other accountable, set expectations on paper, disagreement resolution process. I entered a partnership once, everything was smooth until partner wanted more cash out and I wanted to reinvest in the business. Then they threatened to not do their part which would cripple the business and blackmailed me into selling. Remember it is expensive to pursue legal action.

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