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Thomas D
I discuss funding st... âąÂ 1m
65% of startups fail due to co-founder conflicts, according to Harvard Business Review. But this outcome isn't inevitable. Consider a startup where co-founders struggle with decision-making, have misaligned values, lack commitment, and communicate poorly. Now, contrast that with a team where co-founders complement each other's skills, share core values, resolve conflicts constructively, and commit equally to success. The key difference? Co-founder fit. Compatibility between co-founders influences decision-making, company culture, and long-term success. The right partnership sets the tone for the entire business. Finding the right co-founder requires more than just evaluating skills and experience. It starts with looking beyond resumes to assess values, testing compatibility through small projects, defining roles and expectations early, and prioritizing mutual respect and trust over friendship. Thereâs no perfect formula for the ideal co-founder, but knowing what to look for is the first step in building a strong foundation for your startup. What are your thoughts?
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