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Jumbo Café “Deep Dive” Series: Finding cofounders and building a great team

March 24, 2021 @ 12:00 pm 1:30 pm

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.

This workshop is part of the Tufts Entrepreneurship Center’s “Deep Dive Series. If you are building a venture and want to get some help applying entrepreneurial frameworks and skills to your venture, join us and get some practice and feedback via interactive exercises!