How to Avoid Mediocre Co-Founders
ycombinator.posterous.com
ycombinator.posterous.com
I'm myself suffering having made such a move. I get things done very fast, my cofounder doesn't. It makes me more tired every day, as I see that every problem that arises (or anything new that has to be created, administrated) will eventually end up on my shoulders. I do the programming, administration, legal work, financing etc... Everything we sell, all our intellectual property was created by me.
Also in our business plan (which he spent like 4-5 months working in it), we should already be ultra profitable right now. But guess where we stand. And this journey already takes over 1 1/2 years.
I guess it's time for a change soon. I wish I would have been much more careful choosing whom to start my business with.
Everyone should know that each partnership has one who works harder and brings more. You have to know, going in, that it might be you and how you would feel about it.
Finally, it's not your partner's fault the business plan isn't panning out; they never do. They exist to help you clear your thoughts, not to predict the future.
I would have rather seen him spending the time on selling our product.
You'd think they feel guilty, or are they shameless?
One of them was the "former senior software engineer" for a major newspaper in the Bay Area. The prospect of bringing on someone like that positively scared the piss out of me. I'm a young guy, my business is doing well in spite of me, and this person would probably be my senior in every way.
So after thinking about it for a day, I contacted him first. (As it turned out, the situation wasn't nearly as unbalanced as I thought.)
So I have no idea what an A, B, or C... player is, but I figure that hiring the best people you can, even if they intimidate you, is a good start.
I think that people stating that things ARE a certain way or somebody BEING at a certain level, could gain benefit from looking at Alfred Korzybski's General Semantics or more particulary trying expressing themselves in http://en.wikipedia.org/wiki/E-Prime
It's not bad being judgemental however, and I think that going with ones gut feeling regarding co-founders is a good thing. I wish I had had no tolerance for bullshit and done away with some poor performing co-founders early on, because the net effect would have been better for everyone. It's the team that counts, and those people who fanatically prefer to do waterfall development and enterprise java solutions don't belong in a fast paced startup environment, because they cannot deliver good results in this setting, they count on orders coming in from "management" instead of being proactive themselves..
The A-player makes their skill or activity look easy and isn't conceited about it, they are primarily trying to out-do themselves. They aren't trying to add some egotistical emotional experience to themselves via the startup process.
A B-player won't want an already successful, serial entrepreneur as a co-founder. They want the glory. They want to own any success, even it is another's, with which they'll aim to claim.
Also, B-player investors are those that follow other investors, they can't make an investment decision on their own, so they follow the A-players and pretend to be A, but they're not.
If you look at another an think of how that person being better at x,y,z would make them a huge asset to your company, you just might be an A player.
Yes, I'm being facetious. But even fortune-cookie level business advice should pass basic sanity checks like this one.
However most of it might be convincing Bs they are Cs ... and what happens after that is not pretty for the hiring B, I suspect.
One likely characteristic of Bs is less than total honesty, with self and others.
On the other hand, if you feel an urge to do the best possible move then you end up doing the work yourself, eventually turning into a star, or you hire these who can do better then you. That way you get the A score.