Scaling the Co-founder Relationship

Tim He checks many boxes as a guest on the Founders Sandbox- a 3x founder, now advisor, professor, creator, writer and coffee snob. Tim’s newsletter, "Cherrytree", allowed him to keep teaching entrepreneurship while the pandemic closed the classroom. By providing a newsletter, Cherrytree now offers consulting and coaching to cofounders. In Tim's own words; "I want to actually change how people become cofounders. And then how they stay cofounders." It is a tough decision to “divorce a co founder” and we find on this episode with Tim He sound advice on getting the pre nuptials in place for just in case scenarios and preventatively preserving the co founding team dynamics. Listen to this month’s episode “Choosing the right Cofounder” on The Founder’s Sandbox with Tim He. You can find out more about Tim at: https://www.linkedin.com/in/timhe2000/ https://www.dumbfoundcoffee.com/. Transcript: 00:04 Good morning. Welcome back to the Founder's Sandbox. I am Brenda McCabe, your host on this monthly podcast now in its third season. The Founder's Sandbox is a podcast where my guests are 00:33 business owners, founders, professional service providers and corporate directors. And we all share a mission and we find ourselves speaking here on the Founder Sandbox. This mission is really to work through the power of the private enterprise, be it small, medium or large, to create change for a better world. And each of my guests tells a story, right? The origin story. 01:03 that touches on the topics that I'm so passionate about resilience, scalable, purpose-driven enterprise, all with good corporate governance. And we do this in a fun sandbox environment here in the Founder Sandbox. I am absolutely delighted to have as my guest today, Tim He. He is joining us from Dallas, Texas today. And Tim. 01:33 is he's going to be speaking to us. He checks a lot of boxes, but today he's going to be speaking from his experience as an advisor to pre-seed and seed companies. And we share a common kind of subject matter expertise. We work with a lot of founders that are seeking to find a co-founder or we're working with them to how to divorce a co-founder, which 02:01 Nobody likes to talk about this, but it happens more frequently than not. Matter of fact, Tim has chosen for this episode, the title of Scaling Your Co-Founder Relationship. So Tim, welcome to the Founder Sandbox and thank you for joining me today. Thanks for having me. This is gonna be a lot of fun because the thing with co-founder relationships is that when it's bad, 02:28 It's bad. You you think of divorce, arguments, sometimes even litigation, but when it's good, it's pretty magical. You build very valuable companies that change not just your lives, but the world. And it creates a type of team and culture and company that people want to root for. And when I get to see that, that's the best part of my job. And it's actually pretty magical. It's very fulfilling, isn't it? It is. 02:55 So you check a lot of boxes, but we're going to focus on that. You are a founder yourself, prior founder, advisor, creator, writer, and coffee snob. So we'll get to your love of coffee later in the podcast. When you reached out to me, it did kind of make me giggle because nobody likes to talk about divorce, right? Let alone your co-founder. 03:24 And you specifically reached out to me because the work you do and your platform at Cherry Tree is around co-founder, choosing the right co-founder and the like. I have experiences with my clients on making that tough decision to divorce a co-founder. And I read some of your blogs. 03:52 And you do provide sound advice on getting what I call the prenuptials in place. So kudos to you. And more in the podcast today. So I love what I do, right? And my consulting firm where I advise kind of scaling companies to work with them on purpose and resiliency. 04:21 advice to founders when working at Cherry Tree and finding the right co-founders, scaling it that, it doesn't crack under startup pressure. It's probably rot with your own origin story as founding a company. Can you share that with us here, Tim today? Of course. Yeah. I'd say almost 10 years ago now, I started a company with five other co-founders. So six of us in total. 04:51 which is pretty unconventional in the sort of software startup ecosystem, but it wasn't intentional on my part. I was in college at the time and I was thinking, you know, I want something to do other than homework. So I found a bunch of my friends and asked them if they wanted to start a company with me. And I didn't expect them all to say yes, but they all did. And so we were like, sure, let's just do something together. And that was sort of the beginning. 05:21 And you were six co founders. Yeah. And let's carry on. That's good. That's unconventional. It was a lot, but it was a lot of fun. You know, I was ...