Read

Listen

image of Rachel Zimmer on co-founder dynamics, going through an exit and coaching entrepreneurs
Wednesday, March 31, 2021
41:40
minutes

Rachel Zimmer on co-founder dynamics, going through an exit and coaching entrepreneurs

Listen on

Podcast information

Share:

Episode Details

Excited to speak with Rachel Zimmer, the General Manager of Entrepreneur First, a $140M fund that bets on people first, and then coaches them to find their breakthrough ideas.

Show notes

Want to see future episode highlights? You can add me on Linkedin here.

When starting a company and looking for a co-founder consider these 2 scenarios.
  1. I’ve got an idea, come join me as a “co-founder”, but really more like an employee. 
It’s my business that you happen to come join. Feeling excited? 


2. Here’s a a huge issue in the industry and this is how I started thinking about solving it.
Would you like to join me as a co-founder and figure out how to tackle it? 

No one wants to work on someone else’s idea.

It’s like you are not a real co-founder. 

Instead. Start with a problem and you’ll build a team around you. 



Talking points: 

- Two vs Three co-founders dynamic - how does it work
- Why Rachel decided to sell her company, 5Crowd
- What founders need to be aware of before selling their business
- How Rachel kept herself up through ups and downs of running her business



About Rachel:

Rachel is the General Manager of Entrepreneur First, a $140M fund that bets on people first, and then coaches them to find their breakthrough ideas. 
She’s been named Top 30 Under 30 by Marketing Magazine, Young Entrepreneur of the Year by Desjardins Bank and Emerging Entrepreneur of the Year by the Toronto Board of Trade.
She previously started her company, 5Crowd that crowdsourced advertising engagements from fortune 500 marketing departments.

What is Off the Record with Aram?

Made by entrepreneurs for entrepreneurs. Off the Record is about the journey. It’s about fears, doubts, wins, and devastating losses. It’s about how people kept going no matter what to build their businesses, raise cash and hire the team. Here battle-tested CEOs and VCs share how they jumped out of the airplane and tried to assemble it on the way down.I hope you like it.

Related podcasts

September 8, 2022
28:33 minutes
Koii is a new method to design communications infrastructure and build an internet owned by everyone. In this episode, our co-host Sergey Ross and Koii Network co-founder Al Morris speak about Al’s journey going from teaching career to being a founder of Koii, different hiring challenges, and what privacy looks like ten years in the future.
August 9, 2022
46:51 minutes
Mark Rickmeier, CEO at TXI, and Aram discuss the ugly side of growth. They explore what growth for the sake of growth does to employee and customer retention, why your competitors are worthy rivals that you can teach and learn from, why investing in experience pays you dividends, how being humble allows you to avoid being tunnel visioned, and how to strike a balance between time spent running a business and time spent with loved ones.
June 20, 2022
39:21 minutes
Ron Benegbi, founder and CEO of Uplinq, speaks to our co-host Sergey about what it’s like to grow a startup without unnecessary hiring sprees, inexplicably large teams, and being unintentional with how resources are allocated.
GET IN TOUCH
GET IN TOUCH

Want to learn more?

Let’s start collaborating on your most complex business problems, today.