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Finding Founders: 5 Steps to Find the Perfect Co-founder for Your Startup

Posted by:     Tags:  ,     Posted date:  May 1, 2012  |  3 Comments


May 1, 2012


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Do you think that finding the right co-founder is harder than it looks?

If so, you’re right.

Locating someone that shares your vision, ethics, complementary skill set and accountability isn’t a simple task.

Can it be accomplished? Absolutely.

But not without resolute effort on your part.

The first thing you should consider is this:

“Bring Something With You. The potential co-founder can start any number of businesses without you, locked in his room, not having to deal with your stupid vision. What can you do for the company that your potential co-founder cannot?”

Before you hunt for a marketer, developer, designer, product pro, etc. take stock of your core competencies. It’s important that you are able to deliver value that is inaccessible to a co-founder. Once you’re aware of the value you bring to a business partnership, you’re ready to locate the perfect match.

If you’re ready to find a co-founder here are 5 simple steps to get started on immediately:

1. Start working on your idea immediately.

Don’t mull around an idea for decades as you wait for a co-founder to fall in your lap. Take simple daily steps to start your new business. No one, co-founders included, wants to haul aboard a stalled train with no destination. You’ll create and foster an environment of action and excitement as you take on the responsibility to demonstrate the momentum behind your vision.

2. Set a simple foundation and begin to build.

If you ask most of us, our startup situations weren’t always ideal. There’s always something that you perceive you’ll need more of — time, money, people, etc.  But don’t let what you don’t have — hold you back.

There’s no viable excuse. If you want it. Go and get it.

In the 21st century you have what many that came before us did not. Access. For example, with limited technical knowledge you can create a launch page and order business cards within a week. Start where you are and eliminate excuses. Set the stage for prospective co-founders to take you seriously.

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Erica Nicole is the Founder and CEO of YFS Magazine: Young, Fabulous & Self-Employed. She is an accomplished serial entrepreneur, acclaimed small business expert, dynamic speaker, syndicated columnist, philanthropist and Christian thought leader. She has been featured in Forbes, Fox Business, The Huffington Post, Mashable, AOL.com, Examiner.com and many other national media outlets.




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  • brianlmerritt

    Oh yes, and

    6. Keep on keeping on (again!).  Your first contacts with potential co-partners probably won’t succeed, but don’t give up!  It’s your vision, your startup, your life…

  • http://www.GirlsBestFriendandcoBlog.com/ GirlsBestFriendandCo

    This is uncomfortable territory. I would love a partner but it is easier said than done. One of my greatest weakness. I need to delegate and step back. Great advise but I don’t feel optimistic, it is hard to fine great employees, a business partner is an entirely different ballgame.

  • http://www.rjjohnston.me RJ Johnston

    Also check out http://www.cofounderslab.com; they’re a growing east coast group with some great people.





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