Jumbo Cafe "Deep Dive" Series: Finding Cofounders and Building a Great Team
Mar 10, 2021, 12pm EST
This workshop is part of the Tufts Entrepreneurship Center "Deep Dive" series. If you are passionate and want to make a difference, but you have not worked on innovation and entrepreneurship projects before, these workshops will kick-start your entrepreneurship journey. You can join this event even if your schedule doesn't allow you to attend all seven in the series!
Did you know that most startups that fail do so because of team problems? Building the right founding team can mean the difference between lasting success and early failure. There are several tried and true principles to building a successful founding team: Ensuring that co-founders’ values, work styles and objectives for going into business are aligned and compatible; building in diversity in multiple dimensions, including professional and educational backgrounds, interest in being a hacker / hustler / hipster, skillsets, and importantly, diverse personal experiences that each person brings to the table.
We will also address common issues such as the need for clarity in roles and responsibilities, the commitment and time availability each person brings, and discuss various frameworks for founder’s equity split – which is almost always a proxy for deeper conversations about each person’s expectations for control and financial returns.
Location Details: Virtual