Building a team · Cofounder

What is the best tool to see cofounder fit?

Zack Fediay Growth Marketer with web skills and cool ideas.

May 4th, 2017

I've used the "check fit" feature in the Good&Co app, but that requires both parties to take a personality quiz. Any other ideas?

Gray Holland founder / director at UX-FLO

Last updated on May 4th, 2017

OMG -- pardon my candor, but if your looking for an App to solve this problem for you, you got bigger problems....


Finding and vetting CoFounder is like finding a soul mate, maybe harder....

Services like this one might help you find good candidates, but they won't help you vet them or "check fit".


Really, its like dating to marriage -- you start with coffee, hang out cuz you both have "chemistry", get excited about potential, and you will know if its a fit or not. Even then, its just hard.


My best advice is once you find someone that is all of the above, move on to talking MONEY... Equity share, roles, contribution/effort, goals for raising capital, etc. AND most of all, the EXIT STRATEGY. Best to be on the page on how its ends (cuz everything ends at some point) to know how it will all work out. What are the potential exit scenarios (IPO, acquisition, bootstrap until?, failure to raise money, run out of money, sickness or death...?) Sounds morbid, but there is a full range of possibilities, and more end early than go to IPO... I think this is how you "know" fitness fastest.


ALSO homework -- Read the Founder's Dilemma, by Noam Wasserman.

Justin Njoh Architect, Director & Founder : teamable.co.uk

May 5th, 2017

Hi Zack,

I won't put too much faith in is any automated ways to find a 'good fit' for co-founders.

A much better way to find out is to engage with someone in a project or two - and see if that 'chemistry' exists.

Find something meaningful to work on - ideally something that will stretch and test you both.

Thanks,

Justin


Mike Moyer

May 4th, 2017

Just start working together and see how it goes!


What's the downside?

Neil Keown Technically inclined, business-minded, experienced

May 5th, 2017

Have a beer/coffee with the candidate? Why rely on a software tool, instead of your gut, especially when you're intending on working with this person for the foreseeable future. You'll get a far better "read" on the person that way. Ask tough questions, and ask them to grill you as well, since this process works both ways.

Alankar Urankar There is no great genius w/o a mixture of madness!

May 5th, 2017

Zac, visit this link you will find more scientific solution to the challenge you are trying to resolve from long term perspective.

http://www.viacharacter.org/blog/characterizing-workplace-using-character-strengths-create-sustained-success/


James Anzaldua

May 5th, 2017

'Chemistry' is EVERYTHING!

Dane Madsen Organizational and Operational Strategy Consultant

May 5th, 2017

You need to spend more time with people. An app for finding a person as important as your spouse?

Mark Talaba Founder, Vision Former, serial entrepreneur

May 5th, 2017

Hello Zack. Personality tests were designed to measure the relative strengths of individual traits, such as aggressiveness and extroversion. This information is useful in some ways, but it won’t tell you much about the way a person will actually express or apply those traits when working with others. (The same is true for IQ, education, prior work experience, etc. — because teaming and situational factors have powerful intervening effects on behavior. There is new technology, based in physics and systems theory (rather than psychology) that identifies and organizes the different ways people will seek to make team contributions. It’s called Teamability, takes about an hour online, and will predict how two people, or many people, will team with each other for a common purpose.

Jonathan C. Dunsmoor Founder of Law Office of Jonathan C. Dunsmoor

May 5th, 2017

I completely agree with Gray Holland especially on the homework recommendation.