How to find a co-founder? Look for the PIE traits
Finding a co-founder is almost like finding a life partner, YES it’s that important. There’s no point in deciding on a co-founder just because of childhood/high school/university friendship. Yes a relationship does matter, but don’t forget that your needs is a co-founder with skills that complement you. Co-Founder with overlap skills often needs to outsource some part of the early task. And that means more financial resource needed to kick-start the startup, or even worse the launch can be delayed because some skills haven’t met a needed standart. Beside having complementary skills that completes you, here are the things you should consider about finding a co-founder. We summarize it into PIE rule.
- Know yourself
Every single good founder knows their own strength and weakness. Get to know your self, ask for an opinion from others. Have your own perseverance, integrity and entrepreneurship traits then present your best attitude skills.
- Be prepared
Joining startup comes with tons of risks. Can you convince potential co-founder that working with you would make the future less uncertain? Being able to at least build a Minimum Viable Product (MVP) on your own makes you more attractive as a founder. On the other hand, finding a tech co-founder who would do coding for you is 10 times harder than finding business or marketing co-founder. Prepare your heart, this is more to do with facing rejection. Treat every rejection as a learning lesson. Every entrepreneurs has faced rejection.
The size of the business, and the scale of the business only a reflection of the size and scale of the founder itself. Quoting Steve Blank on how to find a co-founder, “Your reality distortion field needs to match the passion of the person you’re pursuing. Be thoughtful, consider what motivates them, and tell them why your company is the ultimate place to do exactly that”.
Here in Kejora we have various of programs to support you with your startup. If you are still unsure on how to find a co-founder, Founder Institute is a program that we support to help you start your startup life.If you read this blog then you have missed your early admission deadline of Founder Institute Jakarta batch 2017 but you still can apply since the admission will officially ends on Nov, 5th.
Apply now at https://fi.co/apply/Jakarta or you can learn more https://fi.co/ . Don’t miss it!!
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