Do You Need a Co-Founder for Your First Product-Based Business?

One of the most daunting questions to ask yourself at the start of a business venture is whether or not to ‘go it alone’. There are pros and cons to both sides of the argument, but ultimately, having a partner when you start your business offers you a reassuring teammate to go through the highs and lows with.

From popping the champagne if you receive investments, to coming up with solutions and making the harder decisions that make up the lows of startups — a co-founder is on the journey with you.

More often than not, finding a co-founder from the get-go will be one of your best business decisions.

Here are five reasons why:

  1. Offers Different Strengths There would be little point in finding a replica of yourself to co-found your startup with. Finding a synergistic co-founder will provide you with the strongest foundation for your business. For example, if you have a technical background and thrive on the nitty-gritty business details, a co-founder who is non-technical and has a background in networking and communication will bring completely different skills to the table. In most cases, two complementary skill sets will naturally be more successful than one.

Looking for more information on the processes and methods of a successful tech start-up? Find out more about what I can do for your business.

Alex Weekes is a Digital Product Manager, Associate Lecturer, and Startup Consultant working with some of the world's most innovative startups and technologies.

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