Having a strong co-founding team is an important success factor for startups. In fact having the wrong founding team is amongst the top reasons why companies fail. Read more about how to build a strong team.
Without a strong team, the idea will just stay as that, an idea. However, finding the right co-founder can seem like a long and complicated process. There are many things that entrepreneurs need to take into consideration when making the decision of who to start a company with; starting with what to look for in terms of skillsets, compatibility and personality, followed by where to meet available co-founders, to making sure it will last in the long run. Based on our experience, there are 5 important elements that make a strong co-founding team. But before you start searching for someone, you need to ask yourself some key questions.