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When something "founders," it usually hits the bottom in one sense or another. When a ship founders, it sinks to the bottom of the sea, for example, and if your endeavor is foundering, it isn't doing well and is therefore headed downward.
- What Is A Founder?
- What Is A cofounder?
- What's The Difference Between A Founder and A CEO?
- What's The Difference Between A Cofounder and A Founding Member?
- How Do Successful Startups Choose The Right co-founders?
- How Many Founders Should A Startup have?
- How Do You Figure Out Cofounder Titles?
- What Do You Do with Late cofounders?
- How Do You Protect Your Successful Business from Cofounder Conflict?
A founderis a person who comes up with an idea (hopefully a profitable idea) and then transforms it into a new business or startup. Founders can set up a business on their own, or they can do it with others (what we call cofounders). For example, Larry Page is a founder of Google.
If a founder sets up a company with other people, they are both a founder and a co-founder. Let's use Google to illustrate. So, Larry Page is not only Google's founder, but also a co-founder with Sergey Brin. Cofounder is a term that exists to give equal credit to multiple people who start a business together generally from the beginning. A cofound...
“Founder” and “CEO” are two other titles that people can carry simultaneously. “The term ‘founder' describes your relationship to the history of the business,” William Pietri, Startup CTO, and Lean Startup expert, says. “Page and Brin will always be Google's founders. The term ‘CEO' is about your position in the current organization's hierarchy. So...
Cofounders and founders create the business, they "co-founded" it. They have the most at stake, often contributing their own funds to launch the company going and working crazy hours as they push to get the startup vision off the ground to (hopefully) turn it into a successful company. Especially in the early days of a new business, the buck stops ...
Now that you know the differences between all these terms, it's time to get down to the nitty-gritty of the business needs. Most important: How do you choose the right co-founder? How founders decide what they should search for in a cofounder is an important part of the process. (Fair warning, it's about as easy to find co-founders as it is to find...
The ideal number of founders is either two or three, with an exception occasionally made for four, depending on the startup and the team. Being a lone founder can be really tricky — not only is hard to have all the responsibilities on your shoulders, but it's also unlikely that you possess all the skills and knowledge that your startup actually nee...
When you're figuring out what to call yourself — Who's the CEO? Who's the CTO? Who's the Head of Sales? — the most important thing is to focus on what each person brings to the table. If you've done a good job at your cofounder search, it's already pretty clear what people's skills are. The technical guy is the CTO. The money guy is the CEO. The pe...
If someone has come along a little later in the game, but still early — as in, pre-first employee — then you treat the same as any other co-founder! If you're choosing to add a “co-founder” after you already have employees, though, things can get a little tricky. Your employees may feel put out by the fact that this newcomer is getting a higher tit...
Some conflict is inevitable, of course. Startup founders are only humans and will usually have at least slightly different goals, tactics, and skills than their cofounders. But Meghdad Abbaszadegan, who walked away from his own startup, Feel Free, after it fell apart due to co-founder conflict,has worked out three things all founders can do to prot...
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Founders. Larry Page and Sergey Brin. Incorporation. September 4, 1998. Initial public offering (NASDAQ) August 19, 2004. From the garage to the Googleplex. The Google story begins in 1995 at Stanford University. Larry Page was considering Stanford for grad school and Sergey Brin, a student there, was assigned to show him around.
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