WSGR
Wilson Sonsini Goodrich & Rosati is the premier legal advisor to technology, life sciences, and other growth enterprises worldwide. We represent companies at every stage of development, from entrepreneurial start-ups to multibillion-dollar global corporations, as well as the venture firms, private equity firms, and investment banks that finance and advise them. The firm's broad range of services and practice areas are focused on addressing the principal challenges faced by the management, boards of directors, shareholders, and in-house counsel of our clients.

CodigoDelSur
CodigoDelSur is a designer and developer of digital products. Having worked with Founder Institute startups in the past, they come as a highly recommended Founder Institute referral. They are composed of highly skilled software, web, and mobile app developers, who are excited to incorporate the latest technologies into the applications they develop.

Xero
Xero is everything you need to run your business financials. Work with a beautiful small business accounting software complete with accounting, invoicing, payroll, inventory and more. Xero seamlessly integrates with over 500+ business apps, including CRM, point-of-sale, time tracking, ecommerce, just to name a few. Join the 700,000+ businesses using Xero in more than 180 countries.

Choosing a Co-Founder is like Choosing a Life Partner

Posted by Joe Garza on 2014-03-20

Launching a company is not something that should be done alone, as it requires a combination of technical and business capabilities, as well as industry knowledge and experience; qualities which are rare for one person to possess.

The solution to this problem is to find at least one cofounder to help shoulder the various burdens associated with building a business. Benjamin Chong, the Director of the Sydney Founder Institute, has a special insight into what to look for when searching for a cofounder: choosing a cofounder is much like selecting a life partner.

You’re looking for a long-term partnership with someone who can share the same vision and passion for the business as you do, a person you can trust and be honest with at all times. Given you’re going to be spending a lot of time with your cofounder, you want to make sure you’re compatible, have similar work ethics, and share the same goals and values. 

But while it’s important that you share many similarities, it’s also useful to have a cofounder that thinks different from you so you can avoid groupthink. Your cofounder should complement your skills and be able to bring something new to the table" - Benjamin Chong 

Read the full article on Business Review Weekly: How to find the right co-founder: Right Click Capital’s Benjamin Chong.

If you are looking to launch a company in Australia, then apply to the Founder Institute today. Applications are currently open in Sydney, Perth, and Melbourne.

(Skydiving photo by ShutterStock)

Choosing a Co-Founder is like Choosing a Life Partner

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