If you want to start a new SaaS business in 2021 without tearing your hair out, my advice is:
You shouldn’t have to do it all on your own… and it’s better that you don’t.
Finding the right co-founder means having someone who will work just as hard as you, can do the things you can’t, and gives your business a fighting chance in the market.
If you’re a non-technical founder, that could mean finding someone technical.
You grow the business, they build the product.
Or if you are a technical founder, then it means finding someone that can help you assemble a world-class team and market your product effortlessly while you write the code.
But picking the wrong co-founder spells D-I-S-A-S-T-E-R.
You end up losing a big slice of the most valuable asset in your business:
Don’t ever, EVER, EVER give equity to the wrong co-founder.
So how do you find the right co-founder? How do you track them down and get them interested? How do you negotiate a fair equity split?
I’ve got you covered.
This week’s video is the 5-steps to finding the perfect co-founder for your startup.
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We’re going to break this down logically and uncover:
- What to look for in a co-founder
- Where to find a technical co-founder
- How to know they are right for you
- What to say on your first introduction
- How to discuss equity
- The safest way to split equity fairly
Every SaaS company I’ve launched has been with co-founders. I even launched Spheric with a co-founding team of 4.
Could I have launched my businesses entirely on my own? Maybe.
But growth would have been slower, I’d have torn my hair out, and my family life would have suffered.
I like working with people… and my businesses are better for it.
Yours can be too. Check out the video here and drop me a comment if you have any questions.