"I'd say 70 percent of the first one. If you are as good as you claim to be, that number will move down for the subsequent jobs to a more equitable arrangement until you feel you are ready to strike out on your own. " he wasn't one to really beat around the bush. If he needed the guidance it would cost him, and if he proved himself as competent as he had claimed he was happy to make it an equal arrangement. However for the first job it was a risk he was placing on himself not only personally, but also professionally. Reputation did mean something, and word had a way of spreading.