It’s my second startup and I we have just finished successfully an acceleration program. The company looks interesting, there might be a great opportunity ahead of us, although I am tired of my Co-Founder.
He is 15 years older than me and has a great financial background, however, he doesn’t know anything about building a company.
He is not proactive, doesn’t understand anything about digital tools, struggles to communicate with others and I need to motivate him all the time. It’s like he just wants to find a job that takes him to the retirement.
He expects me to be the boss, but I don’t need an employee but rather a co-founder.
I wish I had chosen someone with the ambition to do great things and build amazing products. Shit.
Had this same problem, and it’s brutal.
If you’re CEO remember investors invest heavily in you.
Getting rid of this person does signal leadership, and finding a self-driven individual shows your leadership.
I shut a company in part to get away from this type of person, and now make sure hardcore equity clawbacks are in place to prevent losing equity to unworthy, playing house co-founders.