There’s power in numbers say some people and that might be something an entrepreneur chooses to believe in. While co-founders lighten the burden of striking out on your own, zeroing in on a suitable co-founder can be tricky. If you fall out, the costs could be much more than you think. If you are looking to set up a venture and looking for a co-founder then here are 4 tips to help you find one…
Balance
When two people come together to establish a business or forge a relationship there is a need for balance. They should balance each other’s strengths and weaknesses. What one lacks the other should ideally have, be it marketing skills, writing, communicating, patience, it could be any of these qualities. If one is quick tempered the other should have the ability to step back and think things through instead of losing it.
Shared Vision
This might sound like a lofty ideal but a shared vision among co-founders is important simply because without that it would be like getting on to a train but wanting to go different places. Two or more co-founders must be clear about where they want their business to go in the long run. They must be clear about aspects like social responsibility, investments, transparency, plough back of profits, in fact, all pertinent issues relating to business.
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