Startup Professionals Musings
AUGUST 9, 2020
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.
Startup Professionals Musings
APRIL 17, 2022
In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO.
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Startup Professionals Musings
JUNE 17, 2020
Thus, unless the visionary highlights a cofounder who can take the vision and execute, I assume the worst. My bottom-line recommendation and theirs is that every visionary entrepreneur needs to be matched with a cofounder or key team member who has the required execution attributes. Cause organizational whiplash.
Startup Professionals Musings
MAY 28, 2023
In my role as an advisor to entrepreneurs, I often find founders who have such conviction and passion for their new idea, that they can’t believe anyone could challenge it. Bacharach, Cornell Professor and cofounder of the Bacharach Leadership Group.
View from Seed
APRIL 14, 2020
VCs are always founder focused no matter the market environment. But in a FOMO world, more investors are willing to take a chance on a founder that they don’t know, but seems to match some of the heuristics of other high quality founders. This gets really challenging if it remains difficult to meet in person or to travel.
The Startup Magazine
JUNE 26, 2023
The path to success is far from easy, which is a lesson Quattro Development’s founders, Rob Walters and Mike Liyeos, know all too well. The duo recall their most profound failures as co-founders, as well as the steps they took to overcome misfortune and become a premier national developer.
Startup Professionals Musings
MAY 25, 2022
Business partners can be co-founders in a startup, multiple owners of an existing business, or a joint venture. As a former startup investor, I was often involved with due diligence on founders, and I felt that founders should do the same on co-founders, as well as investors.
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