How to find a technical co-founder
A big challenge for founders is finding someone that can build their idea.?
How do you find someone with the exact skills you need, entrepreneurial mindset, idea buy-in, and the right personal timing? It’s hard, and I’ve seen a lot of entrepreneurs spinning at this hurdle. There’s no obvious route forward, so it’s easy to end up doing nothing.
Annoyingly, the best way to find a technical co-founder is to be friends with a lot of technical people. But going back in time to change that is suboptimal. Instead, I have two broad pieces of advice:
1/ Increase your luck surface area
2/ Make yourself attractive to technical people
How to increase your luck surface area
There’s no steps to follow to guarantee that you find a good partner. There’s a certain element of luck involved, but you can absolutely change the odds. Some people refer to this as your “luck surface area”.
To paraphrase one definition of this: "The amount of luck in your life, your Luck Surface Area, is doing something you're passionate about combined with the total number of people that you tell about it”.?
Basically, it's nudging the odds in your favour.
You need luck to get a great job. If you never apply for a great job, you’ll never get lucky. If you apply for 10 great jobs, you’ve increased your odds of a good outcome. If you go out and make friends with the hiring managers of great jobs, you’ve increased it further.?
But how do you do that when there’s no job adverts, and your ideal co-founder doesn't have a line on their LinkedIn that says "looking to start something new"? Here’s how to increase your luck surface area:
The above does not guarantee success. But not doing any of the above does pretty much guarantee failure.
Although this is called “luck surface area”, I don’t actually think of this as luck. Meeting the right person relies on probability, which is easy to interpret as luck. Luck implies something out of your control. Just as Messi is lucky to score from 30 yards, he’s also put himself in the position where he has the skills to do it. We could both get lucky with the long shot, but his odds of success are much better than mine. Improve your odds.
2/ How to be attractive to technical people
Technical people are mostly like other people. They suffer from FOMO, and they want to back winning horses. So show them that you’re going to be successful, and get them to believe in the value you can bring them. Do this by doing things they may not be able to:
The above will show engineers that your idea is interesting (to you, and to others), and that you're serious about it. It's common for engineers to be pitched bad ideas, from people that can't execute. The above activities will start to show that this isn't true for your company.
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As a happy co-incidence, you might find the above is enough to get you investment, so that you can pay people. Technical co-founders are useful but not strictly necessary. So get cracking as though you don't need one, and it'll just be a happy accident if you find one on the way.
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I’m sure there’s more you can do, but these are the two broad themes that I've found to have the biggest impact. If you have any other suggestions I’d love to hear them.
Co-founder, CEO - M. System Аgency
11 个月Graham, thanks for sharing!
All Problems Solved
2 年Good news! We have a solution for this problem ;o) We work with founders with great ideas as a "temporary technical co-founder" and when the time is right, they fly away for new adventures ;o) Right now, we are sold out, but we will "reopen" in a few months. We take only 4 startups a year. This is our part-time project. We only work on mobile apps. If anybody is interested, please contact me at: [email protected] Uili Summary = (PDF, 99KB) = https://1drv.ms/b/s!At99oJ_Ix9L6hPxBXypzASdWCQyvXQ?e=A0iOcu Uili Vision = (PDF, 280KB) = https://1drv.ms/b/s!At99oJ_Ix9L6hPxA3xJ3zxJey4b4iw?e=OMkeSP
CTO at Zeus. Hands-on engineer with a proven track record of building exceptional product teams. Founder & Ex-CTO Zencargo (9 figures ARR). Founder & CTO bonusbox (4 mio users).
2 年I interviewed 4-5 potential co-founders PER DAY in May, just to put this post into perspective: you have to sell well, there’s so many people in that particular situation. The barrier is high! I haven’t found the right thing yet with others and decided to do something by myself, instead. If you’re open for a fractional CTO/CPO ping me. I have 2 days of hours left per week to support another idea.
Product manager | I want to help good people build great businesses | Start-Ups & Scale-Ups
2 年Was just wondering about this! Love this community LinkedIn
CEO & Co-Founder @ reSound
2 年And look beyond your immediate network and locality! ??