We’re beginning a global war that has nothing to do with Russia or lost Malaysian airplanes. This war is over the growing competition for startup talent. Last night the SoHelpful and Collabspot (one of my Angel investments) teams exchanged recruiting tips over dinner in Manila, Philippines. Both Jeremi Joslin, Collabspot’s founder and I are building […]
A world class team is unstoppable – provided they don’t stop themselves by making bad decisions.
Summary: It happens, we all make mistakes. Despite what is “common knowledge”, you started a company with a friend without a Founder’s agreement. It happens all of the time. Remember that your relationships and reputation are most important. Then go find standard Founder’s agreements and negotiate a graceful breakup as if you had one from the start.
Finding the right technical parter is the biggest need I hear from Entrepreneurs. In this interview I share insights from Rob Di Marco, one of the most accomplished developers and businesspeople I know. Before you approach the next developer about joining your startup you may want to get insights into how Rob thinks about opportunities. To attract the right technical co-founder: (1) know the role you’re trying to fill, (2) prove you can sell, (3) get CUSTOMER traction, and (4) follow a process.
Most investors, entrepreneurs, and startup advisers discuss “should I get a co-founder” as a false dichotomy, a “yes” or “no” choice. In reality as founders we have a lot of options, and my advice is to get traction before you start searching for a co-founder.
The popular media promotes myths about entrepreneurship – myths the Lean Startup Movement is steadily defeating for the benefit of everyone.