The importance of proving yourself to your co-founder.

I see a lot of first-time founders who are incessantly looking for the perfect co-founder to help execute the next big thing.Here's the bottom line: Before you meet with someone and pitch them the offer to be your co-founder, you better be damn sure you've done everything in your power to move the new venture forward. In short, you have to prove yourself.Don't assume your potential co-founder will join you and execute all your ideas without believing you have the ability to execute your end of the workload.If you're in sales, get letters of intent, email addresses, or preorders from potential clients for your new venture before your meet with a potential technical co-founder. Have a business plan ready, have a pitch deck ready, do all the legwork.If you're the technical type: Make sure you've built something that works and you know people want, but need help selling it. You need to prove your business is viable and can be profitable.And it doesn't end there: You have to prove yourself to your co-founder EVERY SINGLE DAY. You have to get shit done. You have to make sure your co-founder says "wow, I'm glad I'm working with this person" every day. This goes both ways.If the founders are clear on this simple concept, the work environment becomes way more fun to work in. And more things get done.I propose a pre-written agreement that clearly states the daily expectations of each founder. And when this agreement is broken on any day, it needs to be brought up immediately before it spreads like a cancer.You have no idea the number of businesses that go bust because one co-founder believes the other isn't doing enough to move the business forward. see hubwealthy.com/wealthy