4 Must-Have Qualities of a Reliable Startup Co-founderA mirror image of yourself won't work.

ByRyan Robinson

Opinions expressed by Entrepreneur contributors are their own.

Thomas Barwick | Getty Images

These days, more startups are going the route of launching with multiple co-founders andbuilding traction on the sidebefore eliminating the team's full-time income. While bringing on a co-founder can increase your likelihood of success, there's no denying that a bad co-founder can quickly sink any side project before it has time to flourish.

So how do you ensure that you pick a reliable cofounder? I had the opportunity tosit down and interviewco-founders Jen Kessler and Chiara McPhee of the email marketing platformBizzy(recentlyacquired by SendGrid), as well as investor Kat Mañalac ofY Combinator, who recognized their potential and helped them through the accelerator program.

Related:I Met My Business Partner During Hurricane Sandy. Here's How the Storm Helped Create Our Company.

During our interviews, it became clear that a few key qualities can make all the difference in determining whether someone will truly be a reliable co-founder. So which attributes matter most? Let's take a look.

1.技能互补的你的。

One thing that quickly became apparent in both interviews was the importance of complementary skill sets. Mañalac explained, "You want to work with someone who isn't a clone of yourself. ...Maybe one person is more technical and more product-focused, and the other person is more focused on sales and talking to customers. Ideally you'll have complimentary skills."

Kessler further expounded on this when she noted, "When you are a small team with limited resources, you need to make sure that everybody brings something new to the table and has distinct roles and responsibilities. The art and science yin-yang has been a big asset in [my] time working [with McPhee]."

Simply put, your company isn't going to last very long if you and your co-founder are both programming experts but have zero marketing experience. Your founding team needs to havea broad range of skillsto successfully manage the many demands of running your own startup.

2. Niche-specific experience.

An additional area to consider with complimentary skill sets is the importance of at least one of the founders bringing niche-specific experience to help guide the company's development. As Mañalac noted, this can make a strong impression on investors, because, "when founders are building something to solve a problem they've experienced, they're much more tightly tied to that problem and they understand the problems and user base more intuitively."

This is a common trait of successful founding teams. My friendJon Readof Keet Health, a communication platform for medical providers, highlights a real-life example of how niche experience made a difference for his company. "Ripe from my own experience as a patient, I had a basic idea of how I wanted to improve doctor/patient communication, but I didn't understand how things worked from the medical provider's perspective. My co-founder, David Self, had the medical experience and expertise necessary to give us a 360-degree picture, and this completely changed our trajectory. Without his input, we would have missed the mark entirely."

Related:How Two Entrepreneurs Turned an Idea Into a Blooming Floral Business

3. Level-headed with their emotions.

Even if you're completely enamored with your co-founder at first, it's important to remember that the honeymoon phase isn't going to last forever. As Mañalac explained, "All co-founders will fight at some point. There's no escaping it. The question is, how are you going to respond to each other when you do come to a point where you disagree on something?"

It's essential that you choose to work with someone who remains calm and level-headed, even in stressful situations where you might disagree with one another. Someone who can't control their emotions could have destructive results for your startup. Because of this, Mañalac suggests working with potential co-founders on a trial or freelance basis at first so you can better gauge their decision-making ability.

As David Weston of Informed Education explains,失败,则应n level-headedduring stressful situations can have serious consequences. He writes, "we are less likely to think things through calmly and logically. Our decision-making is more haphazard and more likely to be sub-optimal. We are less likely to take a team perspective in groups, leading to lower performance as a team."

4. An equal share of the greater equity pie.

When joining a startup as an additional co-founder, knowing where you stand as far as equity is concerned will make a big difference for the long-term health of your relationship. As Mañalac noted, "Equity conversations are something that create a lot of tension later on. Sometimes you get a founder who came up with the idea and then six months later the other co-founder joined and you'll see an 80/20 equity split. The truth is the vast majority of your company's life is in the future, so you should be on as equal a plane as possible."

If a founder isn't willing to provide a more equal split of equity, you're most likely going to be better off searching for a different startup opportunity. You shouldn't give up 20 percent of your future equity just because you came onboard a few months later.

Related:How to Find Great Co-Founders for Your Startup -- Fast

Choose wisely.

Co-founder selection will ultimately prove to be one of the most important business decisions you ever make. Don't fall into the trap of deciding to work with someone just because they're a friend or family member.

When you choose to work with someone who makes up for your weaknesses, is equally committed to your startup's success and will treat you with fairness and respect, you'll be well on your way to achieving your business goals.

Wavy Line
Ryan Robinson

Entrepreneur, content marketer, online educator

Ryan Robinson is an entrepreneur, content marketer and online educator who teaches people how tolaunch meaningful self-employed careers.

Related Topics

Business News

'Soul Crushing': Internet Sleuths Notice Something Is Very Off With This Condo Listing

From the grey carpets to the fluorescent lights, it's obvious that this home was not always a home.

Business News

Google Engineers Rake in Big Bucks with Base Salaries up to $718,000, According to a New Report

The data comes from an internal spreadsheet shared among Google employees, comprised of information from over 12,000 U.S. workers for 2022.

Devices

Avoid Roaming Costs for Life With This eSIM You Can Use in More Than 120 Countries

For only $22, you can get a lifetime eSIM and a $50 credit for data plans around the world.

Business News

'That Cannot Be Right': McDonald's in Connecticut Goes Viral For $18 McNuggets, Burgers

The McDonald's is located at a rest stop in Darien, Connecticut.

Innovation

6 Ways Small Business Owners Can Get Their Employees to Use AI

Smaller-scale enterprises will always struggle to gain a strategic edge against resource-rich conglomerates, but AI offers a new landscape, and there are proven ways to fuel employees' ability to embrace and maximize it.

Legal

6 Common Pitfalls Small Business Owners Must Avoid When Selling Their Business

Entrepreneurs looking to sell their business face a myriad of pitfalls. This informal guide helps navigate these challenges and examines the double-edged sword of post-transition employment and non-compete agreements.