In today's Startup Therapy Podcast, Wil and Ryan discuss the idea of having a co-founder. A co-founder can offer numerous benefits for a business. It allows for shared responsibilities, diverse skill sets, and a support system during challenging times. However, finding the right co-founder whose values align with yours and who complements your strengths and weaknesses is crucial for a successful partnership. In this episode, let’s find out how you can choose the right co-founder for your startup and know if you really do need one.

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Resources:

• Startup Therapy Podcast 
• https://www.startups.com/begin
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Check in with us on LinkedIn | Wil Schroter | Ryan Rutan

What to Listen For

• 00:00 Intro
• 00:36 Is it a good idea to get a co-founder?
• 02:48 Different categories to consider when picking a co-founder
• 05:01 ‘Who’s willing to do this?’
• 07:30 The criteria that founders set for choosing their co-founder
• 09:29 When you DON’T need a co-founder
• 10:32 It’s an expensive bet
• 11:40 Try before you buy
• 16:50 Everybody wants the upside, nobody wants the downside
• 21:23 Find someone committed and willing to outwork you
• 27:03 Are your co-founders valuable?
• 29:27 Getting involved with someone in the long term is hard