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5 Expert Tips on How to Choose a Co-Founder for Your New Business

July 21, 2020

Launching a new business is quite a juggling act. To make sure you’re functioning like a well-oiled machine, a co-founder may be the answer to your prayers. But if the selection process isn’t done right, having a co-founder can be a disaster. You want to be searching for the yin to your yang, but you also need to steer clear of people who will ruin your reputation, fall out of sync on work ethic or set wildly different goals to your own.

Having a co-founder means splitting the rewards as well as the responsibilities, so make sure it’s worthwhile. Here’s some advice from business leaders — taken from experience — on choosing a co-founder for new entrepreneurs.

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