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Ask HN: How to overcome the fear of doing more than your co-founder?

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Re: Ask HN: How to overcome the fear of doing more than your co-founder?

#31

Earlier quoted context omitted.

My advice still holds, and yes, it is also completely reasonable. You found a terrible co-founder. A terrible co-founder, business or otherwise, will generate terrible outcomes. One thing that is very important to understand is that a great business co-founder is as rare (if not rarer) than a great technical co-founder. If you happen to find someone like that, having an attitude that they won't do any work, and they…

Rather than dismissing my cofounder as terrible, I encourage you to consider the possibility that advice like yours, which we followed in cofounding the company, set him up for failure. Having specialization early on was a mistake. It was a difficult situation, and it wasn't entirely his fault that there was, for long stretches of time, little for him to do. A startup cycle goes something like this: initial theory ->…

It seems as though you're coming at this with a very different world view and set of experiences than me, which is fine. Maybe we can learn something from each other.

To give two sentences of background, I've been running businesses for 13 years, and running a startup for 4 years. The first business I built by myself from nothing, and the second I built alongside my technical co-founder.

Firstly I'm concerned that you seem to think that I'm suggesting finding a 'specialist' business co-founder. Being a co-founder is the exact opposite of specialisation. If you're a co-founder period, you do ANYTHING it takes to move things forward, no exceptions, ifs, ands or buts.

Also, without meaning to be picky, I believed you identified your co-founder as terrible. Someone who, as you described, believes that doing 'thought experiments' and trying to get twitter followers is the appropriate thing that a business co-founder should be doing in an early stage startup, is objectively a terrible business co-founder.

If your business co-founder is doing his job properly, there should never be any slack. Exactly the same as a technical co-founder. Companies, especially early stage companies, can and must be doing product mode and develop mode simultaneously.

I've never heard that joke, but as you grow your company and get more customers on board, who have more requirements, it's pretty important to have both salespeople and developers working in tandem to build out a company.

I agree with you that larger organisations can afford having specialists and smaller organisations cannot.

Re: Ask HN: How to overcome the fear of doing more than your co-founder?

#32
1. The way I think about it is that you have a goal/vision for why you start the project. Having a co-founder is very important and necessary to achieve this goal because your business will run into a number of roadblocks that you need a partner to help you go through it. However, whether or not your co-founder works as hard as you is really irrelevant.

You said that you are doing well financially and aren't starting these projects because of money. Then who cares if you "only" get 50% of the company? Your goal and intention is to solve a big problem. Get focused on that. The world is gonna pay you back in so many other ways than your 50%.

The other piece of advice is try to be really picky with your co-founders. Find ones that you trust and have worked with before or can get amazing references about. That way you know that he'd do his job the best way possible regardless of how many hours he puts in.

I hope this helps.

Re: Ask HN: How to overcome the fear of doing more than your co-founder?

#33
post #28

Earlier quoted context omitted.

> As an aside, the best co-founder relationships are formed on complimentary skill sets. You can do what they can't (or struggle with), and vice versa. As such, I would encourage you to find a sales person/designer/hustler, as opposed to another developer. On the face of it, this advice seems reasonable. But this advice will result in precisely the asymmetry to OP is worried about. If you have a technology product, I…

I agree Michael. That is, in fact, why I said I believe that the business aspect is much less demanding than the development one, at least in the early days of a tech startup. Very interesting topic in my opinion.

Argh - I'm going to give this one more comment and I promise myself I'll stop.

The idea that the business aspect is in any way 'much less demanding' is like chalk on the blackboard of my brain. This is not an idea or attitude that will serve you either in life, or in trying to find a great co-founder.

You could make the exact opposite argument about the technical aspect, since in startup land there's no point building something until you've validated the customer requirement for the solution you're working on, and then ideally talked to 20-50-100 potential customers.

Re: Ask HN: How to overcome the fear of doing more than your co-founder?

#34

Here's another perspective: what if I only pitch one person but they're the perfect fit for our business and have the right connections. They say "yes." Meanwhile you've been busting your butt pitching more than a dozen people, working 10 hours a day six days a week, and setting into your definition of, "working hard." You don't land a single investor. Who is more valuable to the business? There's innumerable scenari…

This is an interesting perspective, and something I am trying to consider in my equation. I agree that the contribution each co-founder brings to the table should be based on the overall value, regardless of the hours he spent to achieve it. For instance, if one of the co-founders is able to land a big client or investor with a couple of phone calls then I certainly wouldn't worry that I am working 90 hours/week developing the product.

One problem remains: finding people who can close big clients or investors over a couple of phone calls is pretty hard. Identifying them upfront might be even harder!

Re: Ask HN: How to overcome the fear of doing more than your co-founder?

#35

1. The way I think about it is that you have a goal/vision for why you start the project. Having a co-founder is very important and necessary to achieve this goal because your business will run into a number of roadblocks that you need a partner to help you go through it. However, whether or not your co-founder works as hard as you is really irrelevant. You said that you are doing well financially and aren't starting…

It certainly helps. Thanks for the feedback.

Re: Ask HN: How to overcome the fear of doing more than your co-founder?

#36
post #34

Here's another perspective: what if I only pitch one person but they're the perfect fit for our business and have the right connections. They say "yes." Meanwhile you've been busting your butt pitching more than a dozen people, working 10 hours a day six days a week, and setting into your definition of, "working hard." You don't land a single investor. Who is more valuable to the business? There's innumerable scenari…

This is an interesting perspective, and something I am trying to consider in my equation. I agree that the contribution each co-founder brings to the table should be based on the overall value, regardless of the hours he spent to achieve it. For instance, if one of the co-founders is able to land a big client or investor with a couple of phone calls then I certainly wouldn't worry that I am working 90 hours/week deve…

Yes, in that regard it's much a matter of luck. You do have some control over how much luck you can expose yourself to. However I don't think there is any systematic approach one can take to identify these people.

Re: Ask HN: How to overcome the fear of doing more than your co-founder?

#37
post #21

There's no simple answer -- mostly because there are very few co-founder relationships where it's a direct 50/50 split of the work. One thing I've realized is that, like any relationship, startup relationships are based around trade-offs, and one of those trade-offs is that sometimes there's a workload imbalance. There are a few solutions for your fear (i.e. in your head). One is don't get involved in 50/50 relations…

Thanks man. I'll consider the option of not having a 50/50 split all the time. It might work on some projects indeed.

Re: Ask HN: How to overcome the fear of doing more than your co-founder?

#38

From a business perspective I think it's important to move from thinking about "elapsed time" to "value created", especially when considering co-founders with different skill sets. In my experience the two are only very loosely correlated. How would you barter between product development and sales? How about if the sales person worked a day a week but closed ten times as many sales as the full time dev? What if you g…

I agree. "Value created" is the metric we should worry about. Thanks for the feedback.

Re: Ask HN: How to overcome the fear of doing more than your co-founder?

#39
As a technical CEO without cofounders, perhaps I can help shed some light on this topic. (I didn't take on a cofounder for these very reasons)

1) You need to trust your cofounder(s) entirely. If you don't have trust, you will have fear, and that will lead to resentment and ultimately a breakdown of the relationship.

Doing work as a technical resource looks very different from doing work as a business resource. Technical challenges have demonstrable progress nearly every day, business challenges take weeks, months, dozens of emails, etc to show progress.

Do not confuse "business" with "easy" or "less time". My job is almost entirely administrative, despite doing coding and design a dozen hours a week. Being an admin is perhaps easier programming all day, but it is not trivial. It takes a special type of person to deal with the business wins and losses, give your cofounder some credit.

2) If you're technical, you will do a lot of the immediately hard work. The business problems, as stated above, are long-tail. They take time to show progress, and you have to be patient. I spend most of my days emailing, making phone calls, creating pipelines, financial modeling, and communicating with my employees (coworkers!) about what I am doing has seemed to satiate their curiosity and demonstrate to them that I am working my ass off to make this a great place to work and a great business.

I think you need to work on communicating with your cofounder(s). They should be able to talk about what they are doing every day, loop you into their progress, and demonstrate their value implicitly.

If you don't trust them though, this will never work.

Re: Ask HN: How to overcome the fear of doing more than your co-founder?

#40
> I am already doing fine financially...

> And to be clear, I do know how to manage the business aspects too, so it's not like without a business co-founder I would be lost.

I'm curious: why are you wasting time worrying about co-founder issues? In your apparent case, a co-founder is a solution to a problem that you don't have.

If you're truly capable of financing the launch of a business, developing quality commercial software and successfully getting it to market (read: selling), you can keep 100% ownership of your company and call all the shots.

Since that's an ideal scenario, I suspect there's more to the story. For example, many capable entrepreneurs are afraid to start a business on their own, and a co-founder is simply a crutch to address this irrational fear.

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