Is This the Right Cofounder?

In today’s Startup Therapy Podcast, Wil and Ryan talk about finding the right cofounder. It remains a challenge for Startup founders to find a business partner that doesn’t just have the best ideas, both should also see eye to eye when it comes to company growth and career goals.

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Resources:

• Startup Therapy Podcast
• https://www.startups.com/begin

What to Listen For

• 00:00 Intro
• 00:35 Are you working with the right cofounder?
• 05:21 Not everyone is cut to be a founder
• 10:06 The consequences of committing to the wrong person
• 12:13 Signs that the partnership isn’t working
• 16:12 When there is friendship but lacking work partnership
•  23:17 It’s not about perfection, there are shortcomings too
• 26:41 You can’t test your cofounder until sh*t happens
• 32:24 Questions to ask when looking for a cofounder
• 36:06 How to prepare for a new partnership
• 38:36 Getting into an amicable breakup through conversations
• 42:08 Present terms that are beneficial for both party
• 46:52 It doesn’t benefit you yo blowup on someone