There you are, you have a killer startup idea and you want to make this a success, but how will you manage alone? Most successful businesses started with the contributions of more than just one person, because a great idea is often worthless if you don’t have a great team to bring it to life. It’s a lot of effort to build a great team, but in the end the time you’ll have put in to it will definitely pays off. Starting with your potential co founder, how will you find this man or woman who believes in your idea as much as you do and, is also willing to work for equity?
The right co founder is tricky to find – you don’t randomly bump into them in a coffeeshop or see them walk by every day. It’s about having a lot of conversations with a lot of potential co-founders and more importantly, about asking the right questions.
How do you go about doing this? Below, you can download a guide that included 50 questions that you can ask your potential co founder, covering topics like:
- How you operate in a business environment
- Role expectations of this person
- Company structure and financing
- Personal drivers and motivators to work for your company
- Commitment and finance
- Team culture: What do you like and in which culture do you perform best
- Co-founder relationship