When starting a business, what are the pros and cons of having a cofounder?

1. IS IT BETTER
TO HAVE A
COFOUNDER?

2. Starting a business comes with a lot of
decisions. One of the biggest is whether to
start the business on your own or have a co-
founder. This choice can determine the
entirety of your business, so it’s important
to weigh both the positives and negatives.

3. PRO: DIVERSE
EXPERIENCE
Having more than one founder
means you will have a diversity of
experiences to pull from when
issues arise.
Additionally, you’ll have varied
insights that can lead to better
ideas.

4. When you have different areas of
expertise, you’ll find that a
partnership has natural boundaries.
This helps with delegating tasks to
different people and making sure
the right person takes care of the
right problems.
P R O : D E L E G A T E
N A T U R A L L Y

5. CON: MIXED OPINIONS
When sharing a vision with another
person, you’ll see that opinions can
vary greatly. This means that your
partner may end up going in a
direction that you disagree with.

6. CON: LACK OF
PASSION
If you have a difference of opinions from
your partner, someone may be disappointed
in the outcome. This can lead to a lack of
passion from one party. While this may not
completely ruin your company, it can stunt
progress and may lead to some risky
choices.

7. THANKS FOR
WATCHING
F O R M O R E I N F O R M A T I O N , P L E A S E V I S I T :
F R E D D I E A C H O M . C O M