Questions

What questions should I ask a co-founder?

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What questions should I ask a co-founder?

Related: 4 Tips to Avoid Co-Founder Conflict

  • Why do you want to start a company? (It’s important they answer why they want to start a company right now.)
  • What motivates you?
  • What do you do with your free time?
  • How do you deal with stress and big challenges?
  • What do you think I’d be most surprised to find out about you?

How do I get rid of my co-founder?

6 Steps to Respectfully Firing Your Co-founder

  1. Heed the warning signs. The members of a good team like one another.
  2. Ask your advisers and mentors for council.
  3. Talk out options with your legal council.
  4. Check in with advisers again (this is not an easy decision).
  5. Bite the bullet.
  6. Be open with your company’s stakeholders.
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Can a co-founder be a contractor?

Accordingly, for most cash strapped startups it is important to keep as many of their workers classified as contractors as possible. But it is not always possible to classify a co-founder as an independent contractor.

How to start a startup business?

13+ Pieces of Golden Advice on How to Start a Startup. 1 1. Stop Waiting for Investors and Capital. Click here to listen. Sit around waiting for the stars to align, and you may never reach your dreams. Jaime 2 2. Be Persistent. 3 3. Try, Try Again. 4 4. Find the Problem, Create the Solution. 5 5. Place a Financial Wager on Yourself.

How much does it cost to start Foundr?

“My first step in starting Foundr was placing a financial wager on myself. To start Foundr Magazine, it required publishing software to produce the magazine and app. I placed $2,000 on the back of my personal card to start the app. This was money I didn’t have and also the money I definitely didn’t want to waste.”

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Should startups chase the green or the Blue?

There’s nothing wrong with chasing the green, but your startup ultimately needs to solve a need. Customers have problems, and it’s your job to create a product or service that helps. Often, entrepreneurs find valuable solutions to their own problems. That was the case for Gail Becker, founder of CAULIPOWER.