NaijaTalkTalk: Trust or Skills: What is More Important in a CoFounder?

You’re building something together with a co-founder but then always arguing every 5 minutes about “this way” or “that way” is one the major test of your relationship with your cofounder. Should you just ignore this and focus strictly on his or her skills instead?

In my experience, the cost of trust in your Cofounder should be greater than cost of skill deficit, if you cannot trust a partner or co-worker, then it might be time to find another partner or co-worker, I realized no matter how smart he or she is, if I need to verify every statement, double-check the integrity of their work, then you are wasting precious time.

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If your business is highly technical for instance tech business you might need to plenty of caveats and legal support in place in your understanding documents.

There are many things tech co-founder should be good at least:
1) Seeing gaps, patterns behind customer’s problem. If the cofounder can’t see client issue description or curses your clients or team all the time, you may reconsider your position.

2) Solution Oriented. Becoming an entrepreneur in itself, If you argue on almost every thing, try to find the root cause of it because you should be diligently and creatively working toward to find solutions.

3) Shared Vision. Your cofounder should be able to see and commit to same value or vision. Even though seeing it differently, that’s fine.

That said, having had the experience of having a co-founder that had all the passion, work ethic and trust and not the skill set, that didn’t work out either. So, there is a balance. Build the skill if you have to this will give you peace on long run. I mean you won’t know everything either and co-founding requires skills you didn’t even know you need and you need them fast – so adaptability is key.

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