Hi there, I’m David & I am not a guru.
I just won’t shut up about Business & entrepreneurship.
Stick around. You will find something useful for your journey.
Wealth is what people can’t see.
People see designer clothes, they don’t see your stake in a business.
People see holidays, they don’t see emergency reserves.
People see growth, they don’t see the pain of letting go.
People see connections, they don’t see the discomfort in meeting new people.
Choose wealth, Build wealth!
If you're building something right now, start posting, even if it's rubbish at first.
By the time your product is ready you'll have a few hundred people who know who you are, and that'll do more for you than another month of features.
Before you share equity, make sure you share a vision. A co-founder relationship is bigger than your skills, friendship or what each person brings to the table.
If you don't share similar values & vision, such partnership eventually becomes a problem.
Internet friends becoming real-life friends 🕹️
Thank you @fitzgerald1337 for introducing @jacobcounsell and me to @philstar_OG! Such a fun arcade night. Really glad we got to hang out ✨
@ola_onlinee That’s it, you can’t avoid it. Your idea might be stolen while pitching it to an investor, lol….. Ideas are worth nothing without proper execution.. at least, that’s what an investor will say.
- Have difficult conversations early on. “How much time and money are you willing to commit? What happens if one person wants to leave?”
- Look for complementary skills. If you are good at sales, find a technical person.
- Verify their skills. You don’t want a charismatic person. You want someone who can execute.
How do early stage founders find a credible co-founder?
- Become a magnet. Be visible. Share your skill online.
- Look through your existing network of founders, colleagues & people you have worked with.
- Don’t give equity immediately. Work together for 3-6weeks. Observe their work ethic, communication style & ability to take initiative.
How do early stage founders find a credible co-founder? (Pt. 2)
- Have difficult conversations early on. “How much time and money are you willing to commit? What happens if one person wants to leave?”
- Look for complementary skills. If you are good at sales, find a technical person.
- Verify their skills. You don’t want a charismatic person. You want someone who can execute.