I am looking for a CoFounder, but I am coming into beginning a startup with only an idea and a work ethic, has anyone been in my position? Is there a benefit in finding someone on the same level to work up with? Or balance out my inexperience with someone who has a lot of experience?
I would advise you to work through a business plan before you begin bringing in co-founders. This way you will find where your strengths and weaknesses are for the venture. There is rarely any reason to hire a duplicate of yourself. Many times entrepreneurs will do this because they need the support or camaraderie, though you can find that in the right co-founder at any stage. Someone who can supplement your skill set will increase the productivity and competence. The other side of this is you can always hire a board of advisers. You may have difficulty finding someone who is at a different level wanting to commit to an early stage + early entrepreneur, especially if you are not prepared to compensate them. I have been in your position and done both. Personally while there was some enjoyment being in the trenches with someone at my level, years later when I was invited on board with a group far more experienced and established, it was MUCH better. And I looked back and felt I had wasted time with being a then novice with a novice partner. I accelerated much faster with the experienced group because they were at a higher level. My opinion is if you can find the person two levels above you, you will be better off because you wont waste time figuring out the things you don't know. He can supplement those experiences and save you valuable time and energy.
IT always will be experience gap between co-founders. Some are new in the business, some are not. One of the key things for co-founders is to understand each other and work together (not argue).
May help you to get ready for co-founder recruiting
Henry, first of all you should try to validate if your idea is solving a real problem before you go to that step. Usually individuals start spending money on the technology build without doing the research first.