4 months ago I officially launched a company with my friend (big mistake I know - live and learn). We are 50/50 partners. He put in $3000 at the beginning because I spent well over a year out of work creating this company (I had the idea and I developed the app, the website, etc.) before we launched. We are now 4 months in and aren't seeing much success. He is visibly demoralized and made it clear at times that he is only here because he trusts me (my ideas), but he personally has no clue if the idea will work himself. Just a few weeks in he told me he doesn't know if he can do this for a year without making money (he is from a family where his parents are putting pressure on him). Mentally this is really eating away at me because I am committed but to know he might walk at any time is discouraging. I feel like if he doesn't personally believe in what we are doing (especially since he is the one that is trying to pitch the idea to potential clients), he is not really a partner. I would rather him believe in what we are building than to trust me and only be here because of his trust.
He is now telling me he thinks it will be better if he gets a job and we can use what he makes for stuff like advertising. It is clear his parents are dictating his actions by forcing him to get a job. He is telling me that most (even though I believe it should be all) of what he makes from the job will be going into our startup. I am confident that him getting a job is his first step of giving up. Even if he gets a job, I have always put 100 hours a week into this. I am not confident in his ability to keep up. I would say he is putting in 4-5 hours a day right now and taking weekends off because of commitments in his life.
Given that it is clear he doesn't have much confidence in this startup, I want to get full ownership before things get messy. I feel this is what is best for both of us. I don't think it is a good idea for him to put more money into this. How should I approach this? Should I offer him to take what is remaining from the initial $3000 (essentially buy him out with $1500 or so)? Should I offer more? We are not making any money right now so I'm not really sure what to value his 50% at. He has told me in the past he has regrets doing this so maybe he is clinging on because he is ashamed to tell his parents (who pressure him) that it didn't work out.
Edit: I can't comment for some reason so I have to respond here. I am not trying to be dramatic, sorry if it comes off that way. This is my first startup so I figured the more info the better? These are actual things I have been told. He told me even before we started his parents were putting pressure on him. He told me his parents are pressuring him to get a job, despite our previous agreement that he doesn't. He told me he would canvas for 8 hours a day, he is only doing 2. It may sound dramatic, but when we were young we tried to start another business and his parents kicked me out of their house (I moved in to work with him) and it ended because we were not making money. I am a bit antsy that they are capable of doing this again, forgive my fear of them being able to dictate his decisions (which are not what we agreed on in the first place). I don't understand what thinking I would get a free full time developer means? I am the developer. His only task is to canvas around and get registrations from business owners, and I am starting to worry about that because he told me he doesn't believe in what we are doing, which is why I am a bit confused he wants to (or feels obligated to) even contribute at all going forward. I'm not oblivious to the fact that most startups fail, of course there is a good chance my idea will not work out. Yes maybe I am selfish for wanting the company, but as his friend I am also genuinely worried about him. He has referenced the failure rate of startups many times in a way he is implying ours is next. I feel like there is a high chance if he had the chance to get out he would, but at the same time I am scared to bring it up in a serious matter because I don't know how to approach it without possibly offending him. I am not looking to "take" what is his. Of course he currently owns 50%. That is why I am here looking for advice on what he deserves. From a personal standpoint, even though I thought I could and it is my fault completely, I cannot continue to keep putting in 100 hours of work when he is not putting in 25. Of course he has the right to stop contributing to this project and pursue a job, but at the same time, so do I. Thank you so much for the responses so far, they have been helpful :)