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How to find a co-founder (v1.2)

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How to find a co-founder. …

How to find a co-founder.
Download the white paper associated to this slideshare http://bit.ly/CoFounderDevelopment

What is a co-founder, Intro to co-founder development, Introduction of the trivial concept of Minimum Viable Team (MVT) and co-founder development.

Published in: Business

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  • @MichaelHughes8 Can't Agree more!
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  • Great stuff Franck! This is exactly the message we tell all of our CoFoundersLab (http://www.cofounderslab.com/) members. First and foremost, it's about you, not your idea. A co-founder relationship is extremely complicated, and we're building out our online matching platform to assess many critical factors beyond complementary skill sets, like personality, shared values, etc. The online platform helps people get beyond their core group of family, friends, and co-workers, and our in-person, Co-Founders Wanted events help facilitate some of the actual dating. Moreover, people can continue to set up dates of their own with people they meet online and/or at our events. Our goal is to help as many entrepreneurs as possible, regardless of industry or location, build strong teams and successful companies! Thanks for sharing!
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  • I just updated it :) let me know if it's more clear + don't forget to follow the links inside the document...
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  • love it!
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  • 1. HOW TO FIND A CO-FOUNDER THE 21st CENTURY WAYWednesday, March 6, 13
  • 2. THIS PRESENTATION IS FOR THE 90% OF YOU WHO ARE LOOKING FOR A CO-FOUNDER (COMPLEMENTARY TALENT, CAPITAL, ETc...)Wednesday, March 6, 13
  • 3. SURE YOU KNOW ABOUT READ LEAN STARTUP BUT HOW DO YOU BUILD the HYPOTHETICAL DREAM TEAM? *Wednesday, March 6, 13
  • 4. IF YOU have JUST begun building YOUR STARTUP YOU SHOULD KNOW THAT BUILDING A PRODUCT is not YOUR BIGGEST CHALLENGE its KEEPING YOUR TEAM TOGETHER! (65% OF STARTUPS FAIL BECAUSE OF MANAGEMENT ISSUE WITH THE FUNDING TEAM) Read FOUNDER’S DILEMMAS FOR MORE INFOWednesday, March 6, 13
  • 5. WHAT EXACTLY IS A FOUNDER?Wednesday, March 6, 13
  • 6. Get Shi Real thi t s) ngs (you done thing (inventor can see From no iating ideas .. etc... them) By assoc xisting ideas etc. ng e By com plementi “FOUNDERS ARE INDIVIDUALS WHO CREATE, EXECUTE, AND INVEST IN IDEAS TO TURN THEM INTO STARTUPS” * Time Money Talent ... *Wednesday, March 6, 13
  • 7. THE ENTREPRENEUR’S JOURNEY (THE EJ) LEADER / FT500 SCALE STARTUP FOUNDER Y OU ARE HERE DISCOVER INSPIREWednesday, March 6, 13
  • 8. ZOOMWednesday, March 6, 13
  • 9. CO-FOUNDER DEVELOPMENT MINIMUM VIABLE TEAM (MVT) FOUNDER CO-FOUNDER DISCOV ERY SELF AWARENESSWednesday, March 6, 13
  • 10. SELF AWARENESS DON’T BS YOURSELF WHAT DO YOU REALLY BRING TO THE TABLE? TALENT, MONEY, UNFAIR ADVANTAGE? NOTHING? ASK OTHERS. IF NO ONE IS IMPRESSED,GO BACK TO SCHOOL OR START LEARNING ON YOUR OWN (THE DISCOVERY PHASE)Wednesday, March 6, 13
  • 11. CO-FOUNDER DISCOVERY LIKE A FIRST DATE, YOU WONT BE ASKING, “WOULD YOU MARRY ME!” RIGHT AWAY HAVE YOUR CO-FOUNDER PITCH READY THERE IS NO SUCH THING AS THE PERFECT CO-FOUNDERWednesday, March 6, 13
  • 12. REMINDER! A CO-FOUNDER IS NOT AN EMPLOYEE. THEY WILL HAVE ACCESS TO THE CREATION OF THE STARTUP, MEANING YOU HAVE TO BE READY TO GIVE UP SOME OF YOUR IDEA! TREAT THEM LIKE YOU WOULD TREAT YOURSELF A CO-FOUNDER PITCH IS NOT AN “ELEVATOR PITCH” A CO-FOUNDER PITCH IS ABOUT YOU, NOT YOUR STARTUP. WHAT DO YOU BRING TO THE TABLE? WHY SHOULD SOMEONE EVEN CONSIDER WORKING WITH YOU?Wednesday, March 6, 13
  • 13. MOST IMPORTANT TALK ABOUT VALUES, PASSION, THINGS THAT YOU CARE ABOUT. FIND SOMETHING YOU DISAGREE ON, SEE HOW YOU HANDLE IT WITH YOUR POTENTIAL CO-FOUNDERWednesday, March 6, 13
  • 14. EVERYTHING LOOKS GOOD? TIME FOR A “WORKING TOGETHER” DATE . (or a startup weekend :)Wednesday, March 6, 13
  • 15. MVT A MINIMUM VIABLE TEAM IS ABLE TO EXECUTE ON THE CORE IDEA IF NOT, CHANGE THE IDEA (START WITH THE TEAM COMPETENCIES) OR CHANGE (ALL/PART) OF THE TEAM (GO BACK TO THE PREVIOUS SLIDES!)Wednesday, March 6, 13
  • 16. SO, CAN YOU GUYS WORK TOGETHER WELL?Wednesday, March 6, 13
  • 17. NOW YOU CAN START BUILDING YOUR STARTUP! YOU WILL PROBABLY STILL FAIL!Wednesday, March 6, 13
  • 18. R TREP RENEU EN SERIAL A. Self Awareness / E. sTARTUP BUILD YOUR ASSETS B. Co-founder DISCOVERY D. MVT C. Co-founder ACTION-DATING - CO-FOUNDER DEVELOPMENT CYCLE -Wednesday, March 6, 13
  • 19. DOWNLOAD CO-FOUNDER DEVELOPMENT (FREE PDF)Wednesday, March 6, 13
  • 20. Franck Nouyrigat / @peignoir franck@startupweekend.orgWednesday, March 6, 13
  • 21. ADDENDUM EXECUTE +INVEST+ CREATE FOUNDER EXECUTE + CREATE EARLY EMPLOYEE EXECUTE + INVEST ACCELERATORS / INCUBATOR INVEST + CREATE SOMEONE WITH $ CREATE INVENTOR INVEST INVESTOR (VC / BUSINESS ANGEL..) EXECUTE EMPLOYEE EXECUTE THE ACT OF TRANSFORMING AN IDEA / A CONCEPT INTO REALITY INVEST A TRANSACTION INVOLVING SIGNIFICANT OWNERSHIP OF A RESOURCE IN THE HOPE OF A GREATER RETURN ON THE INITIAL INVESTMENT CREATE THE ACTION OF PRODUCING THE ORIGINAL CONCEPT OR IDEA THAT PREFIGURE THE STRATEGYWednesday, March 6, 13