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Why co-founders are the secret to start-up success: DesignCrowd founder Alec Lynch

Why co-founders are the secret to start-up success: DesignCrowd founder Alec Lynch | Pitch it! | Scoop.it

DesignCrowd founder and chief executive Alec Lynch on the pros and cons of having co-founders, how many is ideal and where you find them.

So, you have a million-dollar business idea, but haven’t started working on it. You might be wondering: “do I need a co-founder?”

Most successful start-ups or tech businesses have multiple founders. Google, Facebook, Twitter, LinkedIn, YouTube, Groupon, Uber, Square, Instagram, to name a few.

But does it make sense for you?

For some businesses, having co-founders occurs organically. You discuss a business idea with a friend or group of people and start working on it together.

However, in many cases, bringing on a co-founder (or co-founders) will be a conscious decision.

In this article, I will look at six questions that will help you determine if getting a co-founder is right for you and, if so, what to look for in a co-founder.

To read the full article, click on the title.



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Via Ivan Berlocher
Marc Kneepkens's insight:

Co-founders balance the startup team, either with a business background, or other knowledge or experience needed to guarantee the success of the startup. Going it alone is extremely hard.

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Startups: 10 Tips For Getting the First 18 Months Right | CallFire

Startups: 10 Tips For Getting the First 18 Months Right | CallFire | Pitch it! | Scoop.it
Launching a new business is one of the most daunting prospects you will ever face. Even with years of experience, reams of contacts, clients lined up, money in the bank and that all-important hunger for success, there are so many unknown quantities.

If you educate yourself about some of the common mistakes made by start-ups during the first year of business, you can avoid becoming one of the 80% of business that fail in the first 18 months. To help your fledgling company traverse the choppy waters of the business world, have a look at our top tips for surviving that all-important first year and a half. 

To read the full article, click on the title or image.



Get your Free Business Plan Template here: http://bit.ly/1aKy7km

Marc Kneepkens's insight:

Increase your chances to success. Don't be part of the 80%+ startups that don't make it. Getting a startup going is a massive effort. Don't underestimate it. Here are some good common sense tips.

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