Thank you to Pablo Fernandez of Flexpoint Tech for creating these notes. To contribute to the TWiST PodNotes archive email us.
- Co-founders should be aligned on mission, values, roles, work styles, feedback styles.
- Be professional from the very beginning, it's easier to maintain than to change.
- Match your communications to the size of your team.
- Document processes, answers, checklists, sales prospects, etc. with the appropriate tools.
- Keep investors up to date.
Table of Contents
Samantha August: LAUNCH President
Ashley Whitehurst: LAUNCH Managing Director
- Co-founders should agree on:
- Mission and values.
- Roles: CEO, CTO, who is in charge of what.
- Understand each others communication style:
- Introversion vs extroversion.
- Feedback styles.
- Work styles.
- Part of the job of the executive team is to be candid and say when something is not good.
- Discuss how you are going to handle things going wrong.
- How to deal with the nice under-performer and the jerk over-performer.
- How they'll fire people.
- Make sure that your spouse/SO understands and buys into the startup.
- The risks.
- The sacrifices, including how long it'll take.
If you have 3 co-founders and they are married, you have 6 co-founders, 3 of which are not at the office every day. — Jason Calacanis.
Setting the Tone with your Team