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Show Notes
This episode is about things to consider when choosing co-founders to go into business with. Topics covered include:
- Do you need co-founders?
- The advantages of choosing co-founders who are different to yourself (in background, skills, personality, and business networks)
- The importance of shared core values and purpose for co-founders
- Research by Noam Wasserman shows that teams made from former co-workers are the most stable. Teams made from former strangers are the second most stable of the three groups Wasserman analysed. Teams made from friends and family are the least stable.
- The Founder's Dilemmas by Noam Wasserman
- The Millionaire Next Door by Thomas Stanley
- The Wisdom of Crowds by James Surowiecki