A Short Guide - The 8 Principles of Picking Good Co-Founders #31

(From the book Startups Grow With People: How to Pick Partners, Recruit the Top Talent and Build a Company Culture)

*A good partner has the life-design that fits being in a startup (can spare the time, energy, focus, and finances required)

*A good partner shares the problem (sees the world in the same unique way)

*A good partner has a depth of knowledge on at least one topic related to the startup (you find yourself learning new things in each encounter)

*A good partner values good execution over genius ideas (knows success is more dependent on doing hard work and the teams’ problem-solving capacity rather than the ingenuity of ideas)
Hint: Here is a litmus test. Ask your potential partner what she thinks has made the well-known startups successful. If the answer is among the realms of “a genius idea”, or “luck” take these as warning signs.

*A good partner focuses on increasing the quality of decisions (honestly prefers reaching better business decisions rather than ‘being right’)

*A good partner listens to you (open to learning from you and enjoys discussing ideas even when their direct impact on the business is not apparent)

*A good partner is intrinsically motivated (follows-up on her tasks without external reminders and volunteers for open tasks)

*A good partner is a life-long learner (sees the big picture, values design-thinking, quick to grasp abstract concepts, can change her ideas when presented with the right data)

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