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My last startup failed simply because my co-founder and I couldn't stop arguing. There's a fine line between compromising on an idea in order not to clash with
by sagivo 10y ago
My last startup failed simply because my co-founder and I couldn't stop arguing.
There's a fine line between compromising on an idea in order not to clash with the other partner to over arguing and defending your idea.
We couldn't find this line and decided to stop. From talking with other friends in startups seams like that's a main reason why most of them failed, yet no one like to admit it or openly talk about it.
I wish there was a way to due-diligent co-founders like you can do with business plan.
- bitL 10y agoHappened to me as well on a profitable startup that was just in exponential growth phase; now I do only solo startups and hire persons (even if part-time or contract) if I need some skill or save my time. Works much better.
- jacquesm 10y agoThe key to this is to realize that a road today is probably better than your road next week. Start-ups can't afford to lose time or momentum, arguing about which one of two nearly identical forks in the road should be taken is a sure-fire way to miss the boat. Such arguments should be reserved for really strategic decisions only and only a handful of those will ever occur in the life of a start-up.
- kartickv 10y agoWhen we were considering starting a startup, I explained my potential co-founder my vision, what we should prioritise, and what we shouldn't do. He took a few weeks and came back with his vision, and we realised that we have diverging visions, so we didn't do the startup (among other reasons). We remain friends, and he advises me on my business, and vice-versa.