Tech guy looking for business person co-founder
I've been a web developer for 5+ years and I can say that I became a PHP (and LAMP in general) guru.
I can build any kind of web application and I had experience handling website with thousands of visitors per hour.
On the other hand, I'm an 'entry-level entrepreneur'. I'm finishing my MBA at Babson College with concentration in Entrepreneurship and I'd like to start a company after graduation.
Right now I'm working on a prototype of one idea that I think is great (yeah, of course, everyone thinks his idea is great). My problem is that I can't implement it on my own. I can build the whole application from scratch, but I can't sell it neither to customers nor to VC's. I'm just not that kind of guy. So I need somebody to team up with, but I just don't know where to look for. My college is one of the options, but so far I had no luck...
Can anybody suggest the best strategy of finding a good BUSINESS co-founder? I know there are a lot of people looking for technical co-founder but where are they??
It's probably the biggest decision I have to make now and I want to do it right.
Thanks.
17 comments
[ 4.8 ms ] story [ 43.8 ms ] threadThe real question is how would you choose who to work with? How do you separate the fake biz people from the genuine ones?
Here's the beginning of an answer: pitch your idea. Let the business person tell you how to change it to make it better. Then decide if that advice is sound or not.
PS: a business person who tells you your idea is great and offers no improvement is just a consultant trying to steal your money.
As for your question - I think it's better to find somebody who you can really work with rather than an excellent business person whom you will hate. So personality does matter here. But it's a good question, I'll have to think more about that. In any case it's a good problem to have - so far I have nobody to choose from.
Plus I'm not a native American, so for many VC's it's a red flag.
The only thing I can think of would be market experience i.e they've worked somewhere in the industry you're targeting.
MBA itself does not give you the skills and most importantly experience.
I expect selling to VCs requires a certain amount of posturing and hubris but doing some Customer Development should be possible for anyone. Customer Development is not sales. You might find it difficult at first but when you realise you're offering something of value to someone it feels a lot better.
Unless you can reveal what market you're in, the advice you get here is going to be pretty generic. If we knew that you were interested in $FOO then a few folks might know about $FOO meetups or conferences that you could attend. Also, bear in mind that you will still need some sales skills to convince a someone to join you.
I guess I could try doing everything on my own, but due to some circumstances I really need a partner. I'd rather not convince anybody to join me. Maybe it's naive, but I think if a person believes in the idea and the skills I have - he/she will want to join me without any persuasion.
I'm also OK to join somebody if he/she has an idea I would be interested to work on. I realize that my idea could be just a piece of crap and I did not realize it yet.
My advice - just do it.
You will find the right partners along the way, but even if you pull a partner in, -all- the founders should sell.
Oh and shoot me an email (address in my profile), I might be able to help.