Picking the wrong co-founder is like marrying the wrong person, it can destroy everything. The right co-founder, however, can 10x your success.
Step 1: Identify What You Need
Great co-founders balance your weaknesses.
Ask yourself: Do I need a technical expert or a business strategist?
Am I more of a visionary or an executor?
What skills or connections am I missing?
Example: If you’re in the tech space, and you're an expert in app development, your ideal co-founder might be someone with experience in business development and fundraising, like a local entrepreneur who knows the ins and outs of the Lagos startup ecosystem.
Step 2: Look in the Right Places
✅ Startup communities (LinkedIn, YC’s co-founder matching, networking events)
✅ Hackathons & industry conferences
✅ Your professional circle (former colleagues, university alumni)
Example: Consider attending events like the Nigeria Startup Week or Techpoint Build in Lagos to meet potential co-founders.
Step 3: Test Before Committing
Before signing contracts, test your chemistry. Work on a small project together to see if you align.
❌ Do they disappear when things get tough?
❌ Are they resistant to feedback?
✅ Do they solve problems proactively?
Step 4: Define Roles & Responsibilities
Prevent future conflict by answering: Who handles what?
How will we split equity?
What happens if one of us wants to leave?
Use a founder’s agreement to make things official.
Final Thoughts
Finding the right co-founder is more important than funding. Choose wisely.
Next Step: Once you have a team, you need structure. Click Here to Read How to Identify Crucial Roles in Your Startup
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