How do you evaluate a co-founder?

Once you’re sure your startup idea will work, consider the following traits that you should look for when selecting a co-founder.

1. Complementary strengths.
2. A thirst for knowledge.
3. Shared passion.
4. Adaptability.
5. Serious energy.
6. Integrity and honesty.
7. Emotional stability.

What should a startup founder look for?

The 5 Essential Qualities Investors Look For in Startup Founders

• After the idea, your focus must be all on execution.
• You set goals and targets, and build a plan from these.
• You make timely and fact-based decisions.
• Your organization, process, and team are in harmony.
• Employees are engaged, committed, and accountable.

What should a startup cofounder look for?

7 Traits to Look For in a Startup Co-Founder

• You respect one another.
• You understand and know how to work with each other’s strengths and weaknesses.
• You expect to manage money in a similar way.
• Your long-term vision for the company is similar.
• You both listen well.
• You fight well.
• You’ve tested out the relationship.

Should you say founder or cofounder?

The “co-” prefix should really only be used where it removes confusion and makes it clear that there is more than one founder. Also, if you type and/or say the word founder ten times, it starts to lose all meaning.

Should co-founders own shares of the company they founded?

If a co-founder owns some shares of your company, he/she is automatically given some authority in decision-making processes. This elevates co-founders’ enthusiasm while showing your gratitude and respect to them.

Should you split equity among startup co-founders?

Since at the early stages startups sometimes don’t even have enough revenue to pay salaries, one of the most common ways to inspire and support co-founders is a startup equity split. Why Allocate Equity among Startup Co-founders?

Should you hire a co-founder for Your Startup?

You want to be searching for the yin to your yang, but you also need to steer clear of people who will ruin your reputation, fall out of sync on work ethic or set wildly different goals to your own. Having a co-founder means splitting the rewards as well as the responsibilities, so make sure it’s worthwhile.

Does the idea alone feed a co-founder’s family?

After all, the idea alone will not feed their families – money always matters and you should keep this in mind. Since at the early stages startups sometimes don’t even have enough revenue to pay salaries, one of the most common ways to inspire and support co-founders is a startup equity split.