When you’re starting a small business, you might consider bringing a co-founder aboard to help shoulder some of the burden. But don’t choose your co-founder as a spur-of-the-moment decision. You have to make sure it’s someone who you’ll be able to work with for years to come. So what do you need to look for before deciding on someone?
As an entrepreneur, long hours become a part of your daily life. You and your co-founder are going to spend more time together in the early days than you’ll spend with your significant other. That means you need to be sure that you can spend a long time with your co-founder with you driving each other insane. You also need to be able to trust your new business partner. It needs to be someone you know will always have your back, no matter what. If you can’t trust your co-founder, your progress will stall and your company’s future will be in jeopardy. Sometimes the only person you can ask to be your co-founder is a close friend. When looking for the right person, you should also ask if he or she is smarter than you in any areas of the business. Don’t ally yourself with someone who has the exact same skillset as you; you should each complement the other. Finally, ask yourself this last question: would you want to work for your co-founder as an employee? This forces you to look at them as a leader, which is how any future employees will have to see them. If someone in your life can pass each of these tests, you may have found the perfect co-founder for your small business!
Read the full article here: When Looking for a Co-Founder Ask Yourself These 4 Questions
