Learn more about entrepreneurship with this collection
Ways to counter the Great Resignation
Strategies for making better decisions
Tips for giving effective feedback
Choosing a co-founder
Choosing a business partner is similar to choosing a life partner. If you make a wrong decision, it can make life overly complicated.
When you know you will need to spend countless hours together, it is wise to find someone with whom you can get along and trust well. Choosing a co-founder requires you to make a level-headed and informed decision.
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Mutual respect
To maintain a working relationship, choose someone you can respect and talk things over with. The person should be as intelligent and hardworking as you.
Both of you should respect and accept the other's contribution to the company.
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Personality match
A business partner should have a matched personality to yours. You will need to meet various people, and both of you should be presentable and confident.
If you can unwind with your business partner, you will be more able to meet the challenges of the job.
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Complementary skills
It is often good to find someone who can balance your strengths and weaknesses. For example, if you don't have sufficient technical knowledge, look for one that can balance it out.
The business partner you choose should be willing to fit with the culture of your company.
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Mission and passion alignment
The mission and passion of both partners should be aligned.
Ensure that you are united over shared interests and are on the same page as far as the company's future is concerned.
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