The Search for my Elusive Co-Founder!
Ever wondered how should you choose your Co-Founders? Our obvious choice are either Batch mates, Friends, Colleagues, Neighbours or Family. Who should be your Co-Founders could rarely be a well thought out decision, Could it be a emotional or convenient one? Maybe this is something which just develops on its own?
I reckon it’s never a logical, analytical decision, most often when a venture is successful we go back in time and say the co-founders had complementary skills, it was a perfect combination and things like that, we go the other way around whenever a venture fails. Even though I have chosen my Co-Founder, I am not sure if the right parameters of what makes a perfect combination has gone into it, I shall get to it in a minute after I describe what I went through before choosing him.
Batch mates are special, especially when you have studied, stayed together for long, you think you almost know every bit of them, from exam frustrations to girlfriend break ups to first job blues, everything is almost transparent, so, when as batch mates we thought of doing something together only god could prevent it and he did, our families got worried that 25 years of friendship may be at stake, so, as we do in our world somebody sought the help of an astrologer who said this was a bad combination; guess what! we believed in it and continue to laugh at ourselves for trusting the invisible intervention over our future.
Around this time a bunch of friends who were on a vacation from USA came up with a thought of how science and research had some gaps which we could fill. In the room we had sales people, PhDs, entrepreneurs, the discussion was intellectually fulfilling, we all felt connected that there was a significant business proposition which linked the world to India. But as we dwelled deeper we realised that there were 2 issues, first, nothing bound us beyond the commercial proposition and many of us were meeting each other after many years and the vibes weren't the same again. So, an idea with friends never became a possibility.
Then one day I was sitting with a bunch of colleagues at an informal setting and talking about various entrepreneurial set ups that had taken off or failed, after some amount of talking one of them came up with an idea that we all fell in love with, so much so that we went around the room on how much each one of us would invest, a handsome amount was committed around the table and we walked away feeling like entrepreneurs that day. Over the next few months we did discuss that in the passing; it looked like further responses were mostly muted with those colleagues, there vanished that idea and opportunity to work with my colleagues as co-founders as nobody took the initiative to its fructification. It looked like I was the only one who was interested.
Next came this opportunity from a former boss and ex-colleague, to start with everything looked exciting, we had a great past, enjoyed collective success, respected each other for who we were, intellectually connected well, the idea of what was the ‘big idea’ became less important compared to the excitement of working together again, the relationship of decades was put into test when we discussed the fine print, though we kept discussing for months (years),
the elephant in the room of who funds or owns how much or who is the boss never became clearer.
So, one fine day the relationship we thought we shared for decades took an expected premature ending.
I am not kidding when I say neighbours, I explored that too, three of us with heterogeneous backgrounds which made for excellent complementary skills, trustworthy individuals, spouses have reasonable equations, kids have excellent chemistry, we mostly holidayed together. We explored couple of business lines, even created WhatsApp group communicating on the same, and were very close to starting something, but somewhere the spark which unites you for business was missing, the neighbourhood friendship remains, but the co-founders quietly went missing :)
Siblings, Spouses, Cousins or rather family members were never an option for me, my belief is that when you are building an organisation one should avoid people who bring ‘home to work’, as much as trust and familiarity of your blood relatives is a great comfort, it's going to create discomfort to the hired professionals even if we are at our professional best with family members.
But as I went through all the options there was one person who possibly was ticking many of these boxes for many years, just that we hadn't broached the topic beyond a few cursory mentions. We know each other for 40 plus years, we started as neighbours, then became friends when we moved houses. Our families kept in touch as well. He acted as a mentor during various phases of life like college time, on-boarding for my first job, quitting the second job to state a few. At a certain point, we became colleagues when he referred me to his employer. Then we became competitors when we joined different employers subsequently.
When I first wanted to become an entrepreneur I had approached him, he said entrepreneurship wasn't on his agenda, so I met all the others whom I have mentioned above, I wasn't in pursuit of Co-Founders but it so happened that many such experiences occurred as I was exploring my entrepreneurship. So, when I finally was about to take the plunge on my own he offered to come on board. The only thing I asked him then was “when”? Finally, he has joined me this month as we put to test our professional expertise to explore our entrepreneurship journey.
Finally, I have a neighbour turned friend turned colleague who has been like family to me as my Co-Founder. But when you look at his background you would definitely know that his professional expertise in Talent Solutions counted for more than the familiarity and comfort he brought to me. But that would be difficult to believe considering the 40 years history we share together. It’s definitely a hard sell for people beyond our familiar circle.
Do we bring different skills and expertise, we think so, but you think we would say anything else?
But as long as our employees, customers, partners and investors believe in what we can co-create, I shouldn't worry about how I selected my Co-Founder. Isn't It?
Anil and me know Co-founding is a difficult marriage and it isn't a party. For now we have got each others back!
This is kind of a continuation to my earlier post on 'why I became an entrepreneur'
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Full Cycle PHP Developer | Uplers Certified Talent PHP | Certified PHP Developer Mangtas
7 年I read your article Kamal. Interesting. Its a pragmatic approach choosing a co-founder. I am an entrepreneur too and faced the same issues in past. Had two bad experiences as well. Eventually when I left my job in 2011 my wife and I decided to set up a software development venture and become a co-founder for each other. We took this decision and never turned back. Today we have good recognition and 99% of our customers are returning customers. I wish you good luck for your biz.
G.M.Marketing at Orient Press Ltd
7 年Good Luck Kamal...i'm sure you two can tango.
Data Engineer l AWS Certified Cloud Practitioner |SnowPro Core certified | PySpark | Python
7 年great article sir
Beautiful post Kamal !!!! Enjoyed reading this as well as your previous one on becoming an entrepreneur.Rgds
CXO & HR Leader & Business Advisor, Cultural Evangelist, Thought Leader, Value Creator through People, HR Innovations |
7 年Very Well written. Best wishes too...........