Making and Breaking
Within one week, 70% of our cohort had already formed co-founding teams. But don’t be mistaken – these will not be the final teams we see pitching companies in a few weeks.
We know that finding a co-founder is hard. The EF philosophy is that the best way to identify the right co-founder is to test the relationship; try it out for a few days, and see what you create together. If it works, great. If you’re getting nowhere, or not moving fast enough, move on. There’s another 50+ brilliant people you can trial partnering with.
Not only do we create an environment where team break ups are normal – we celebrate them. You need a co-founder with a complimentary skillset, with whom you can build a productive working relationship and share responsibility. That may not be the first person you partner with, and that’s okay.
Recognising the value in breakups and inorganically forming teams removes the ‘social pressure’ to stay in a partnership that isn’t working, meaning that everyone can find the best outcome for them. And it works. As one cohort member said:
“We raced through validation with a bunch of our hunches/ideas, but unfortunately, we weren’t able to find an idea that stuck. He will make an awesome CEO, as he’s exceptionally driven, focussed and knowledgeable… We had a terrific working relationship, and I wouldn’t hesitate to work with him again, despite not being right as co-founders.”