Here are some aspects to look for the perfect crime partner /cofounder :-
1. Similar vision and goals
product or service are better handled as a team, with the team members working in the same direction.
2. Credibility
The efforts put over the past few months is taking shape, the prototype is nearing completion and it’s just a matter of few hours for the final product to be ready. But all of a sudden, the cofounder bails out on the main guy. Saddening, isn’t it? Here, credibility comes into play. Stay away from one who sings his own praises because this guy will be nothing more than an overhead, lying there without giving anything beneficial in return. Do a background check of your going to be cofounder before taking any sort of step. Make sure your cofounder focus on the duo, not on himself only.
3. Ability to communicate
How to Talk to the Potential Clients as a Freelancer
4. Financial backing
How much investment can be made without external support is decisive in creating an effective prototype that would then be used to lure in funding. So if your cofounder can arrange for some financial backing in addition to your existing investment. The more money you put into the startup, the more sumptuous outcome awaits you…there are exceptions to this, of course!
Also Read: Entrepreneur Finance: Resource Based View(RBV)
5. Insightful personality
Ideas can get as crazy as people want them to be. When two or more individuals put their creativity on the table, one gets to actually leverage the benefits of brainstorming. So, a fellow being who can contribute in terms of creativity in addition to technical prowess is a strong contender to become one of the begetters.
6. Possessing leadership qualities
Ways of Building Trust Among the Employees
7. Understanding
You don't want someone who will go to east, if being mentioned West?Hence, understanding is the key between the confounders. As, it is evident that some of the biggest collaboration in history happened because of the mutual understanding between the cofounders. So, make sure you have a mutual understanding with your cofounder for the smooth run of your business.
8. Adaptability
Adaptation is the key to survival. Humans adapted themselves according to the climatic changes to survive and evolved through it. So, that is the key to a great partnership, adaptability. A person can be a great cofounder to you, if the person is able to adopt the ups and lows of the company, instead of complaining.
9. Passion and thirst of knowledge
Just having same visuals and goals is not enough, sharing same passion is also an important quality to look in the search of the perfect cofounder. Also, the thirst of gaining more knowledge in the field of your expertise shows your partner 's interest in work. So, if you share the same passion with the person, then make sure you discuss you future with the person because it may be "the one "for you.
10. Emotional Stability
You don't want a crybaby to be your cofounder, because instead of handling the bad situations, you have to handle your partner and have to wiping those tears away. So, look for a person who has the emotional stability to separate personal life and professional life and doesn't mix them up.
11. Honesty
https://startuptalky.com/qualities-perfect-co-founder/Author :- Yash Gupta
May 31, 2020 at 04:25PM
StartupTalky - Your Entrepreneurial Journey Starts Here!