Co-founders do better when they have a clear division of responsibilities

Co-founders tend to do better when they have a clear division of responsibilities, a clean decision on who is CEO from the beginning, and the ability to communicate well with each other. “One of the biggest reasons founders fight is that they have a lot of overlap in either role or decision-making, or they both think that they are the person in charge, or that they should be the person making the final decisions,” Elad Gil, a successful startup founder and angel investor, told me. Co-founders may start off perfectly amicably, but when a hard decision needs to be made to determine the direction of the company, it’s essential to know who the decision-maker between them is.

This is one of the many passages I read in books and articles on a daily basis. They span many disciplines, including art, artificial intelligence, automation, behavioral economics, cloud computing, cognitive psychology, enterprise management, finance, leadership, marketing, neuroscience, startups, and venture capital.

I occasionally add a personal note to them.

The whole collection is available here.