The Comprehensive Co-founder Handbook

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The Comprehensive Co-founder's Handbook - Chin Hing Chang

Writted by fellow startup founders and advisors.

This handbook will cover everything you need to know from A-Z on finding and forming the perfect founding team for your startup.

Here's the Table of Contents

  1. What is a Co-founder
  2. Why a Team
    • Outsourcing/Contracting vs. Hiring/Founding Teams
  3. What Makes a Good, Balanced Team?
    • How many people should be in a founding team?
    • Diversity
    • Compatibility
    • Questions that founding members should discuss together.
      • Assessments that team members should do and share.
      • Trust & Respect
  4. What are characteristics of an ideal founding team?
    • The Hustler
    • The Hacker
    • The Hipster
    • Other qualities you must have:
  5. Where’s the best place to find co-founders?
    • Hackathons
    • Your own network
    • Common Interest Groups (LinkedIn, Meetup, Facebook etc.)
    • Schools/Universities – Recruiting Volunteers or Interns
    • Founder matching platforms
    • What if I can’t find them!
  6. How should I approach them?
    • Building the relationship
  7. Defining early company Values & Culture
    • Company Values Exercise
  8. Compensating co-founders
    • Monetary
    • Equity/Shares
    • Commission
    • Revenue share/Royalties
    • Strategic partnership/in-kind exchange
  9. Retaining talent
    • Communication
  10. Co-founder Breakups
    • Indicators of a bad co-founder relationship
    • Why do they happen?
      • Different Work Ethics
      • Different Values
      • Misaligned Vision
      • Equity conflicts
      • Decision making challenges
      • Unable to address the elephant(s) in the room
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