Congratulations! You’ve figured out the most brilliant idea!

So you grab your best friend and your brother to start the company together.

In your excitement to get started, you and your two cofounders fail to do your due diligence by learning more about each other’s expertise, motivations, and resources– and to make matters worse, you scurry along and divide your equity into even thirds. After all, this is the most obvious thing to do because you all love each other and you want to make sure everyone is treated fairly…

Two months later, the company is booming, but there’s one small problem… you realize your best friend has barely touched the project since you started. To make matters worse, when you bring up the issue, your best friend informs you that he will be leaving the company and deserves to keep his 1/3 share in the venture.

Now you and your brother are essentially doing all the work, while your best friend gets paid an equal share of the profits. Still excited about jumping into a partnership without learning the basics of forming a strong cofounder relationship? Maybe you are still excited to jump in without learning more… but I can guarantee you that someday you won’t be happy about it.

“BUT THIS WON’T HAPPEN TO ME.”

I hear the above statement all the time, and yet… two-thirds of startups end up failing because of disagreements between founders. Because founding isn’t as simple as drawing up an agreement and shaking hands over it. In fact, there are 7 steps required to build a cofounding team that will perform and last.

1. Answering if having a partner is the right choice for you
2. Finding out what you need to be looking for in a cofounder
3. Learning how to preselect your cofounders
4. Dating your cofounders
5. Getting serious – roles and responsibilities
6. Splitting equity the RIGHT way
7. Documenting it in a Cofounder Agreement

For the future and those of you who are already ahead in the journey:

1. Negotiating and learning from cofounder conflict
2. Fixing cofounder mistakes

This course will teach you EVERYTHING you need to know prior to jumping into the world of entrepreneurship with a cofounder! Don’t go into a founder relationship blind… use the experiences of people who have done it countless times and follow a proven roadmap to improve your chances of cofounder success.

Why choose Edplx?

• Internationally recognised accredited qualification
• Access to our free career advisors
• Approved UK Learning Centre
• 1 year accessibility to the course
• Attain PDF or hardcopy certificate to show employers
• Study at your own pace anywhere
• Employer has access to certificate validation
• Tutor Support available Monday-Friday
• Invitation to job fairs

Course Curriculum

This course will cover some of the following topics:-

INTRODUCTION

• Course Introduction 
• PDF: Course Introduction 

STEP 1

• Should You Have A Partner 
• PDF: Should You Have A Partner 

STEP 2

• Know What You Are Looking For In A Cofounder 
• PDF: Know What You Are Looking For 
• PDF: Cofounder Interview Questions 

STEP 3

• Preselect Your Cofounders 
• PDF: Preselect Your Cofounders 

STEP 4

• Cofounder Dating 
• PDF: Dating Times 

STEP 5

• Getting Serious – Roles & Responsibilities 
• PDF: Getting Serious 
• Getting Serious – RACI Matrix 
• Excel: RACI Matrix Tool 

STEP 6

• Equity Splits 
• PDF: Equity Splits 
• Fixed Equity Splits 
• PDF: Fixed Equity Splits 
• Dynamic Equity Splits 
• PDF: Dynamic Equity Splits 
• Equity Recovery – not use for now 
• PDF: Equity Recovery – not use for now 

STEP 7

• Cofounders Agreement – Part 1 
• Cofounders Agreement – Part 2 
• PDF: Cofounders Agreement 

BONUS

• Cofounder Mistakes Aren’t Fatal If You Fix Them 
• PDF: Cofounder Mistakes Aren’t Fatal 
• Trouble in Paradise
• PDF: Trouble in Paradise 

FINAL TOUCH

• Course Close
• PDF: Course Close