Going to talk about what it&#x2019;s like to start a business with someone else From the point of view of the tech cofounder How many people have their own startups already? How many want to start their own startup?
You&#x2019;re not completely crazy (or at least there&#x2019;s two of you) If you&#x2019;re starting your first start-up, it really makes sense to have a cofounder
You don&#x2019;t go looking for a cofounder to start a business with tomorrow anymore than you go looking for a wife to marry tomorrow
Things can end badly need to be extra careful Don&#x2019;t want to lose a friend as well as a business This is why I put together first an article and now these slides - because no business is worth losing your friends over, and there&#x2019;s a few simple rules that you can put in practice to dramatically reduce the risk of falling out with your cofounder friend.
When cofounders break up, it&#x2019;s usually because they&#x2019;re having a disagreement about something.
Especially if starting with someone that you know well You assume they know what you mean
- the business is successful - the business is unsuccessful - working hard on the startup
Apart from bringing up the points that need to be discussed, there&#x2019;s more you can do to make the agreements explicit.
Another tool for making agreements explicit is writing things down...
It might seem like your one chance...
Starting up with a cofounder, a partner, a friend - Daniel Tenner
with a cofounder,
Cofounder & CTO Woobius
❖ Disagreements can happen when you
haven’t discussed how to deal with things in
❖ Disagreements between founders kill start-
❖ Once a major disagreement is reached, it’s
hard to think rationally.