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what is the best way yo find a cofounder?

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It depends a lot on the product and the specific area of need. Do you want business development help, technical help, money, etc. Most cofounders know each other before a company forms or have at least a common trusted business contact. What are you looking to gain with a cofounder?

Report Sean's answer

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I think you have to start small by start selling your services even wil losses, if you prove that your service or product is welling to be sell to the target market, it will be easy then to find cofounders.

This is the first and most important stage is to prove that your idea is working.

Report Wael's answer

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The best way that worked for me was to look for someone with connections even if that person didn't have money at that moment.

Later you teach use their social connections as a tool for the company.

Report Amagezi's answer

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Let your business market value get you a connection. Co-founder consider many things before they will invest. Create a and start a good business and co-founder will find you.

Report The's answer

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Co-founders are the result of a mutual interest in a business niche, collaboration on a business plan and resulting role definitions and ownership share via an operating agreement, stock, investment, or other forms of contribution in operating responsibility. ("Sweat Equity" for instance, is a form of ownership acquired via an agreement to supply professional support at no cost for a designated share in the business.)

Make clear to those you approach that the above processes will be considered and followed. The professional appeal of it will appeal to them.

Keep in mind there are several types of individual associations available to small business, depending on the roles in supporting the enterprise. Examples:

A. PARTNERS AS OWNERS: These are individuals who are declared founders, entitled to financial proceeds from the business profits and with a role in decision making to which they are entitled by their names appearing on the business registration as the accountable individuals for the firm.

B. PARTNERS AS MANAGERS: Individual employees who are the leadership element of the firm and report to A. above. They can also be owners.

C. INDUSTRY PARTNERS: Firms or individuals outside the company who team with the startup in the pursuit of business for mutual benefit. This includes joint ventures, teaming agreements and contractual arrangements that have specific market targets and well defined segment of business sharing.

D. PARTNERS AS EMPLOYEES: Many companies refer to employees as partners because the company offers stock ownership and/or the operating culture of the firm entails a close involvement of individual employees in the operating and decision making process.

Recruiting for each of the above roles is different. Carefully defining these roles for candidates in the above partnership types as the company seeks to find them is vital in advertising, networking and interviewing individuals to fill them.

Report Kenneth's answer

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Few ways you can do so: - Find networking events - Spread the word through friends and family (Be clear in what you seek) - Make it a point to visit or talk with people from business incubation centers. Most likely, their startups might also been seeking someone and you may find a common ground.

Report Shruti's answer

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This ultimately comes down to expanding your network and building trustworthy relationships within that network. Engagement and honesty is key!

Report Nicole (Nikki)'s answer

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