Part 2: b. Partners & Cofounders
Pros and Cons of Partners and Cofounders
As you form your company, decide whether to take on a partner and who would make a good partner. The right partner(s) and team can free you up so that you don’t have to know or do everything. The wrong partner may not supply what you need or even limit your progress. Most experts on entrepreneurship recommend having cofounder(s) or partners but they recommend that you choose wisely.
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Can you see yourself working with this person for several years? Review the interview in the popup and then rate whether the potential partner being interviewed is someone you would like as a partner.
- Keep in mind that investors will look for a management team that is able to implement the business plan.
- Make sure you can see yourself working with a potential partner intensely for several years.