Podknife - So You Think You Need a Co-Founder? by Startup Therapy

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So You Think You Need a Co-Founder?

Podcast |: Startup Therapy
Publisher |: Startups.com
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Health,; Mental Health,; Startups
Categories Via RSS |: Business
Publication Date |: Nov 20, 2023
Episode Duration |: 00:34:35

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.

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Resources:

Check in with us on LinkedIn | Wil Schroter | Ryan Rutan

What to Listen For

00:00 Intro
00:36 Is it a good idea to get a co-founder?
02:48 Different categories to consider when picking a co-founder
05:01 ‘Who’s willing to do this?’
07:30 The criteria that founders set for choosing their co-founder
09:29 When you DON’T need a co-founder
10:32 It’s an expensive bet
11:40 Try before you buy
16:50 Everybody wants the upside, nobody wants the downside
21:23 Find someone committed and willing to outwork you
27:03 Are your co-founders valuable?
29:27 Getting involved with someone in the long term is hard

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