You’ve just conceived a brilliant billion dollar startup idea; you’ve defined the perfect value proposition for you company; and you just met the perfect cofounder (or cofounders) to help you get your idea off the ground.
However, we’ve gathered the best opinions from top startup experts to help ensure that you and your partner align your goals and establish a strong cofounder relationship for your company.
In the guest blog post “8 Issues You Need to Discuss with Your Co-Founder” on CoFoundersLab, David Ehrenberg (CEO of Early Growth Financial Services) outlines several concerns that cofounders must address before launching a company together.
Once you and your cofounder have laid down the aspirational and philosophical groundwork for your startup, this is also the ideal time to determine what kind of working environment best complements the vision of your startup.
While the functions of formal roles tend to change (especially for recently established startups), the Steve Robbins-penned Entrepreneur article, “Build Your Management Team”, outlines the general functions of each formal role.
CFOs make decisions like if it's better for your business to lease or buy, and build the control systems that monitor your company's financial health.