Co-Founder
How To Find An Ideal Business Partner For Your Startup Company
By Martin at July 21, 2015 | 12:04 pm | 0 Comment
As an advisor to startups, I often get asked what to look for in an ideal co-founder or business partner. My first response is that it’s much like finding that ideal spouse, where chemistry, common interests and complementary communication skills are key. After some reflection, I now realize these attributes are necessary but not sufficient to be an ideal business more...
How To Find A Co-founder With Complementary Skills
By Martin at April 7, 2015 | 11:00 am | 0 Comment
A common challenge faced by every entrepreneur is that they don’t have the bandwidth, interest or skills to do everything that is required to build their startup. Of course, they can outsource part of the work or hire employees, but that approach means more time and money to manage the work, which they don’t have. The right answer is to find a co-founder with more...
How To Offer Stock Share To Co-Founder Of Startup Company
By Martin at August 5, 2014 | 11:10 am | 0 Comment
Two heads are better than one, so the first task in many startups is finding a co-founder or two. You need to find the skills or experience you don’t have in business, technology or money. The first question I usually get is what percent of the company or equity is that person worth? Giving a co-founder a salary won’t get you the “fire in the belly” you more...
How To Find Ideal Partner For Your Startup Company
By Martin at December 13, 2013 | 8:26 am | 0 Comment
Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. In a moment of crisis, you may be tempted to take on the first person expressing interest as a co-founder. This would be a mistake, and could easily cost you your startup. If you think about more...
Why First Time Entrepreneur Need To Team Up With Exp Co-Founder?
By Martin at September 12, 2012 | 8:28 am | 0 Comment
If you are a first-time entrepreneur, I recommend that you team with a co-founder with experiences, connections, and a skill set that complements, but doesn’t duplicate yours. Even experienced entrepreneurs need a partner to back up each other and improve fundability. The question is how to find that elusive perfect-fit partner. First, I will admit there is no magic more...