Smart Ways To Deal With Your Co-founder

Working with a co-founder requires some patience. Read this!

Research in failed start-ups show that 62% of all start-ups fail due to co-founder conflict! When a startup is riding the wave of success, it usually covers up the conflict. However, it’s only when the going gets tough do the basic differences underneath start showing up. If you haven’t prepared for conflict in your co-founder relationship, you’ll be fighting like dogs the moment when you most need to be working well together to save your startup. ..............................................................................              The best way to avoid this is to fully understand & acknowledge each other’s strengths and weaknesses, divide responsibilities clearly, acknowledge that mistakes can and will be made and speak directly and honestly when conflict rears its ugly head.

Be quick to seek professional support from mentors if it is not getting resolved rather than brushing it under the carpet and pretending it does not exist. Successful co-founders actually embrace conflict and constantly work towards resolving it. As they say a stitch in time saves the whole startup!! 🙂

PS: Do comment and share your experiences if you have suffered from Co founder conflict in your startup or someone else. We all learn by sharing the mistakes we all make

*Disclaimer: This article has been published with prior permission of Mr. Anil Chhikara.