Finding the right o-founders – Teaming up for start up success

Choosing a co-founder is the most important decision you will make when starting your company. Your co-founder(s) will be like your spouse – you will spend most of your time every day with them‚ and you will need to agree with them on all the big decisions. Having a co-founder can certainly be a big advantage‚ in terms of vetting ideas and offloading the work. However finding a co – founder may be a complicated issue. Agreeing on the terms and conditions of partnerships‚ exit strategies and compensations from the beginning‚ improves the understanding of what is expected of each party. So how do you go about finding the right one?

 

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Author: Prajakt Raut

Prajakt Raut is the founder of Applyifi.com, and author of the book for startups - ‘Starting Up & Fund Raising’ Prajakt personal goal in life is to encourage and assist a 100,000 people to become entrepreneurs. _____________ Prajakt is the founder of Applyifi - an online platform that provides startups a 36-point scorecard and assessment report on the venture's investment readiness [www.applyifi.com], and helps them improve their odds of getting funded. Prajakt is also the founding partner of The Growth Labs, a platform where growth-stage companies get sharp, incisive advice from senior professionals and experienced entrepreneurs. [www.thegrowthlabs.in] Before starting Applyifi, Prajakt was the head of operations at IAN, founding member of a leading incubator, and the Asia-Director for TiE (2004 - 2007). Previously Prajakt had co-founded Orange Cross, a healthcare services company, and was part of the founding team member of Idealake Technologies. While in college Prajakt had founded a printing business and has spent over 10 years working in leading advertising agencies. Prajakt’s book, ‘Starting Up & Fund Raising’, helps startups understand an investor’s perspective, and helps them improve their odds of getting funded. The book also helps entrepreneurs understand the building blocks of a business.

1 thought on “Finding the right o-founders – Teaming up for start up success”

  1. I have been browsing online more than three hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my opinion, if all web owners and bloggers made good content as you did, the web will be much more useful than ever before.

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