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Traits To Look For In A Co Founder
When starting a business, it is always better to have a co founder. Finding a perfect co founder is a very important task, as your company’s future and fortune depends on that person. Let’s discuss some specific traits one should look for in a co founder.
Traits to look for in a co-founder
1) Complementary skills
Not all founders who start a business have all the skills required to transform the business into a success. Hence, it’s always better to have a co founder who has the skills you lack. For example, if you are a programmer, it is a good idea to find a co founder who is good at marketing. This way, one founder can work on creating the product while the other can work on selling the said product. Therefore, a partner who complements your skills is perfect for your startup.
2) Honesty
When it comes to business and handling a startup at a founder’s level, there are many ways to embezzle funds from the company. Apart from money, there are many ways a person can violate ethics and rules which can damage the business permanently. Hence, it is wise to find a partner who is one hundred percent honest and whom you can trust with every aspect of your business.
3) Shared passion
A co founder who is honest and has complementary skills is quite important. However, another important trait your co founder should have is the same passion you have towards your startup. It is important to find a co founder who understands your passion behind your company and shares the same vision towards the future of your startup. It can be quite expensive to share a huge percentage of your company with someone who can lose interest in it quite easily.
4) Adaptive and flexible
Running a startup can be quite stressful. One may commonly face many rough times in this field. So, it is good to find a co founder who is comfortable with conflicts and can adapt to any kind of situation the company faces. The co founder should also be flexible and be able to do anything required for the company at any given period of time.
5) A desire to learn
Lastly, the perfect co founder should always have an eagerness to learn new things. People who excel in the field of entrepreneurship are the ones willing to learn. The desire to constantly improve is a strong skill, when it comes to the growth of the company in the right direction.
Starting a company can become difficult and having a co founder can make it less stressful.
What other qualities are important in a co founder, according to you? Comment below and let us know.
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