If anyone has experience in medical devices/electronics/being awesome then please skip the rest and e-mail me at firstname.lastname@example.org.
More and more I have realised over the last few weeks that I need a co-founder. Many startup accelerators now avoid entirely or, or strongly discourage, single founders and up till now I only half understood why.
I am of the opinion that, usually, two minds are better than one and a great solution to a problem can come out of passionate discussion. Thats one of the key benefits I see of having a great co-founder. Obviously there are the other benefits too - sharing of stress, sharing of work load, balancing out skills - but for me one of the key benefits is just being able to talk things out. That being said, ultimately a decision has to be made.
I read an article a few years ago that talked about the loneliness of starting a startup, and I never really understood what that meant. I never felt "lonely" while running Dizeo, but it was a very different startup to snap40. For some reason, I do feel the loneliness now. The loneliness of making a decision on your own, of choosing a path on your own. The loneliness of crossing a very dark and imposing desert with no map entirely on your own. That is part and parcel of starting a company and it isn't to say I am indecisive or not ready to take on the responsibility myself, I am and I will, but as snap40 begins to pick up pace I realise that I would be strengthened, and my startup would be strengthened, by having a co-founder.
snap40 has some great advisors, people I can count on and talk to, but they aren't the same as having a co-founder there, someone who lives and breathes the company as I do now. They don't love building that company and cherish the ups and downs. The challenge is how do you find that person? How do you make sure they are the right fit for you and for your startup? Thats what makes me cautious and thats what makes me scared.
Ultimately, I want to build snap40 into a globally successful business, a positive force both for the economy and, most importantly, for patients and healthcare staff (since we are a healthcare technology company). To do that, I want to make sure we are as strong as possible in all areas, and part of that is having a fantastic management team. I now strongly believe that having a co-founder, particularly in the early stages, is crucial to that team.
I'm now cautiously looking for a co-founder for snap40. I'm not actively looking, I'm not searching, but if someone does come along thats right then they will be most welcome.