So You Think You Need a Co-Founder?

<p>In today's Startup Therapy Podcast, Wil and Ryan discuss the idea of having a co-founder. A co-founder can offer numerous benefits for a business. It allows for shared responsibilities, diverse skill sets, and a support system during challenging times. However, finding the right co-founder whose values align with yours and who complements your strengths and weaknesses is crucial for a successful partnership. In this episode, let’s find out how you can choose the right co-founder for your startup and know if you really do need one.</p><p><br></p><p><strong>Sign up for the Startups Newsletter</strong></p><p><a href="https://www.startups.com/newsletter"><strong>https://www.startups.com/newsletter</strong></a></p><p><br></p><p><strong>Resources:</strong></p><ul> <li> <a href="https://www.startups.com/community/startup-therapy">Startup Therapy Podcast</a><strong> </strong> </li> <li><a href="https://www.startups.com/begin">https://www.startups.com/begin</a></li> <li>Join our <a href="https://www.startups.com/community/founder-groups">Network of Top Founders</a> </li> </ul><p>Check in with us on <a href="https://www.linkedin.com/company/startups-co/">LinkedIn</a> | <a href="https://www.linkedin.com/in/wilschroter/">Wil Schroter</a> | <a href="https://www.linkedin.com/in/ryan-rutan/">Ryan Rutan</a></p><p><strong>What to Listen For</strong></p><ul> <li>00:00 Intro</li> <li>00:36 Is it a good idea to get a co-founder?</li> <li>02:48 Different categories to consider when picking a co-founder</li> <li>05:01 ‘Who’s willing to do this?’</li> <li>07:30 The criteria that founders set for choosing their co-founder</li> <li>09:29 When you DON’T need a co-founder</li> <li>10:32 It’s an expensive bet</li> <li>11:40 Try before you buy</li> <li>16:50 Everybody wants the upside, nobody wants the downside</li> <li>21:23 Find someone committed and willing to outwork you</li> <li>27:03 Are your co-founders valuable?</li> <li>29:27 Getting involved with someone in the long term is hard</li> </ul>