Structuring a business relationship

[Karma Senge]

Ok, I have a friend that I am going to "hire" to help out with raising capital and kind of be my wingman. I have a huge problem networking and meeting people but I do not have a problem once I am introduced at making a presentation. And my friend is GREAT at networking and meeting people and making intros for me. So I thought that we could work together.

So my question is this, how should I structure this relationship? Should he be more of an employee? And then what should he be paid? Or a partner and give him _____%?

Advice?

Thanks,
Karma