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ARTICLE · 23 JANUARY 2023

Tips On Finding The Right Co-Founder For Your Start-Up

The early stage of every business is usually one of the most critical phases for most startup founders/business entrepreneurs. Aside from sourcing for capital, testing and developing...

NigeriaCorporate/Commercial Law

The early stage of every business is usually one of the most critical phases for most startup founders/business entrepreneurs. Aside from sourcing for capital, testing and developing a minimum viable product(MVP), one of the most important aspects of starting a company is "FINDING THE RIGHT CO-FOUNDER".

So the first question should be: is it necessary to have a co-founder? or perhaps more persuasively, why is it better to have a co-founder than not? Well, here are some reasons why:

  • "Two heads are better than one". Having a co-founder can increase productivity-through division of Labour, multiply productivity, positively impact effectiveness, increase the strength of the team as one founder may possess some skills that the other may not, sharing of ideas which leads to better work output.

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