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How to Find the Right Cofounder (and Spot the Red Flags Early) đźš©
65% of startups fail because of co-founder issues—don’t let yours be one of them! In this episode of "Just Grow With It," I share my personal journey as a founder, the hard lessons learned about co-founding, and actionable advice to help you find (and keep) the right co-founder for your business. We’ll cover: The pros and cons of having a co-founder Where to find the right co-founder (even if you don’t know anyone) How to know if your co-founder is “the one” Red flags to watch out for Navigating equity conversations and vesting Legal tips to protect your business Whether you’re just starting out or looking to restructure your founding team, this episode is packed with real stories, practical tips, and honest advice to help you build a strong foundation for your startup. Timestamps: 00:00 – Why most startups fail: The co-founder dilemma 00:18 – Welcome to Just Grow With It 00:36 – My co-founder story: The early days of Rella 01:15 – Do you really need a co-founder? 02:20 – The pros and cons of co-founders 03:55 – Emotional support and shared responsibility 04:50 – The cost of giving up equity 05:50 – Control, decision-making, and team dynamics 06:30 – Picking the wrong co-founder: Why it’s so risky 07:13 – Where to find your co-founder: Networks, events, and online 09:48 – How to know if your co-founder is the right fit 11:00 – Red flags: Communication, trust, ego, and motivation 14:16 – The equity conversation: How to split and vest 17:05 – Legal musts: Vesting, agreements, and lawyers 18:49 – Final thoughts and community shoutout
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Published on 10Â hours ago