A problem many startup founders face is finding a co-founder. Someone who will not only share the burden and workload but someone who can bring something to the table, someone whom you can trust and someone who shares the vision you have for your company. That is a tall order especially when you consider they will not see any returns for some time, if ever. Luckily, we have put together a few tips to helping you find your future partner in business.
Before starting your search, you must first look inward. How solid is your idea? Have you done any research? What aspects of the business are still unknown? How to you plan to finance, market, and grow? If you want a serious partner, you must be serious about your company.
Once you have taken the time to figure out the in’s and out’s of what you want to do, the next step is to start your search. Our first recommendation should be an obvious one, your personal/professional network. People who already know you and what you are capable of are going to be the easiest and most likely to stand along side you. Moreover, if they are not able to help you themselves, your network can still be powerful advocates to finding someone who can help. Talk to friends, family, past or current colleagues. Anyone you know could be the answer.
Let’s say you are like myself, I am a marketing guy, but I went to a business school that is known as more of an accounting school, my family all are healthcare professionals, and my childhood friends all went into finance or unrelated fields. What do you do then? If you have exhausted your connections, then it is time to step out of your comfort zone. Start looking into conventions and in-person events in your area for startups. Meeting people face to face will keep people from ignoring you and will let you convey your passion and energy. It is never easy going to things alone; we also suggest bringing one of your personal network friends to talk to and support you. Trust us, doing this will help tremendously.
Maybe you are not near any conventions, or they will not be happening anytime soon, what do you do in the meantime? You guessed it, the world wide web is the greatest invention of our time, use it! There are numerous communities and networks to meet people. Build relationships, expand your professional network. Maybe someone you talked with in your industry cannot do it, but he may know someone that can. Every person you connect with multiplies your reach. Always make sure you do your due diligence before agreeing to anything, but that being said, there are plenty of real people out there that could be the yin to your yang.
Now, if you have a groundbreaking idea or invention that you know will work, and you can prove it, you may be a little protective about advertising it for everyone to see. If this is the case we suggest finding a reputable V.C. (Venture Capitalist). They will have all the connections and resources you will need. Finding one can be a task on it is own, but don’t worry, just stay tuned for my next article where I will discuss How to find a V.C.
Take this information and make it happen, entrepreneurs. You have the map now it is time do the work. This is your idea’s first test, now is the time to prove it can be more than just an idea. Hard work pays off; I wish you luck. Remember FBS here to help please don’t hesitate in reaching out in the comments or via email. Goodluck!
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