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10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO.

Partner 385
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5 Ways A Startup Benefits From Dual Partner Strengths

Startup Professionals Musings

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea.

Partner 206
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6 Due Diligence Goals When Vetting Business Partners

Startup Professionals Musings

Business partners can be co-founders in a startup, multiple owners of an existing business, or a joint venture. In every case, a partner can be an asset, bringing new skills and perspectives to the business; or a burden, making every decision more difficult, and taxing your lifestyle satisfaction.

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Startup Metrics

TechEmpower

When talking to startup founders or other innovators, we always ask questions to better understand their business as a core. Finally, review the numbers with your partners. Conclusion Startup metrics are an invaluable tool for founders and innovators. Focus on building an MVP to gather startup metrics.

Metrics 260
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How To Scale Your Startup Far Beyond Organic Growth

Startup Professionals Musings

Every entrepreneur tries to maximize his startup growth by building and selling more product and services for the widest geographic area that he can support. Add basic partner contracts or alliances. Too much reliance on growth via contracts and alliances makes you vulnerable to partners’ actions and conflicts of interest.

CTO Hire 330
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10 Key Traits Of An Ideal Entrepreneur Partner

Startup Professionals Musings

A while back I talked about how and where to find a co-founder in “ For a Startup, Two Heads are Always Better Than One ”. The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. You may be too independent to be partner material.

Partner 269
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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations. However, by finding a partner with complementary skills, the potential was always greater than “1+1.” You need a team and relationships to run a business.