34 min
So You Think You Need a Co-Founder? Startup Therapy
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- Business
In today's Startup Therapy Podcast, Wil and Ryan discuss the idea of having a co-founder. A co-founder can offer numerous benefits for a business. It allows for shared responsibilities, diverse skill sets, and a support system during challenging times. However, finding the right co-founder whose values align with yours and who complements your strengths and weaknesses is crucial for a successful partnership. In this episode, let’s find out how you can choose the right co-founder for your startup and know if you really do need one.
Sign up for the Startups Newsletter
https://www.startups.com/newsletter
Resources:
Startup Therapy Podcast https://www.startups.com/beginJoin our Network of Top Founders Check in with us on LinkedIn | Wil Schroter | Ryan Rutan
What to Listen For
00:00 Intro00:36 Is it a good idea to get a co-founder?02:48 Different categories to consider when picking a co-founder05:01 ‘Who’s willing to do this?’07:30 The criteria that founders set for choosing their co-founder09:29 When you DON’T need a co-founder10:32 It’s an expensive bet11:40 Try before you buy16:50 Everybody wants the upside, nobody wants the downside21:23 Find someone committed and willing to outwork you27:03 Are your co-founders valuable?29:27 Getting involved with someone in the long term is hard
In today's Startup Therapy Podcast, Wil and Ryan discuss the idea of having a co-founder. A co-founder can offer numerous benefits for a business. It allows for shared responsibilities, diverse skill sets, and a support system during challenging times. However, finding the right co-founder whose values align with yours and who complements your strengths and weaknesses is crucial for a successful partnership. In this episode, let’s find out how you can choose the right co-founder for your startup and know if you really do need one.
Sign up for the Startups Newsletter
https://www.startups.com/newsletter
Resources:
Startup Therapy Podcast https://www.startups.com/beginJoin our Network of Top Founders Check in with us on LinkedIn | Wil Schroter | Ryan Rutan
What to Listen For
00:00 Intro00:36 Is it a good idea to get a co-founder?02:48 Different categories to consider when picking a co-founder05:01 ‘Who’s willing to do this?’07:30 The criteria that founders set for choosing their co-founder09:29 When you DON’T need a co-founder10:32 It’s an expensive bet11:40 Try before you buy16:50 Everybody wants the upside, nobody wants the downside21:23 Find someone committed and willing to outwork you27:03 Are your co-founders valuable?29:27 Getting involved with someone in the long term is hard
34 min