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Since 2009, I have been a founder of 3 different startups (and 10+ different side projects that I couldn't convert to successful products). All 3 failed. My p
by paulhauggis 12y ago
Since 2009, I have been a founder of 3 different startups (and 10+ different side projects that I couldn't convert to successful products). All 3 failed. My problem was choosing co-founders that either did not have a passion for the idea or just weren't willing to do what it takes to run a business.
Someone may be a good developer, designer, or co-worker...but that doesn't mean they will make a good co-founder. I learned this the hard way..and it was painful.
I now run a small business with 2 other co-founders..and have been profitable since day one. I quit my job over a year ago and never looked back.
- chaostheory 12y agoWere the problematic co-founders you met good friends or not so close friends or acquaintances?
- tluyben2 12y agoHave had that before; also where I was a bad co-founder. Usually it is just bad timing as I saw; decided to start shortly after which something else just collapses (personally, past business) in such a manner that the co-founder cannot focus. Someone I started doing an internet-of-things startup with in 2008 got hit by the crisis and divorce at the same time (they were probably related, but I don't know that). It went very well (we worked productively together and progress was great) for 6 months and then he just started to show less and less interest until, at some point, his Linkedin changed that he was now working for some big company. He forgot to mention that in the months before building up to it.