4 ms·

Why do you recommend to bring the person in as a co-founder? I'm not sure if I was OP (a person enjoying solving customer problems without the pressure of going

Why do you recommend to bring the person in as a co-founder? I'm not sure if I was OP (a person enjoying solving customer problems without the pressure of going global scale), I'd like to give up so much power to someone I barely know. Would you recommend against bringing in the business person as an employee, or as a contractor? A CEO for hire? Or maybe someone who can help with all kinds of operational stuff? It seems like to MRR is pretty good and the project could afford one or two full time employees relatively easily (if you hire outside of the expensive tech hubs such as SV, NYC, Austin, Seattle).

propter_hoc 4y ago
Second this, GP's advice is terrible. The business is founded and making really decent money. The "co-founder" ship has sailed. Hire an employee and pay them a salary and maybe kick them some options if you want them to have skin in the game - max 5% if you REALLY like them. Or hire a personal coach and pay them a retainer and do the same. Insulting and absurd notion to think that a company isn't past the "founding" stage because OP hasn't taken VC.