Founder is different from Co-founder?
In economic and business programs or start-up and startup programs, the terms Founder and Co-founder appear quite often and frequently. However, there are many people who have just heard of Founder or Co-founder for the first time and do not know what the meaning of these two terms is about. Is the founder the same as Co-founder, are these 2 terms the same content? The following article will help you understand what Founder and Co-founder are?
Concept of Founder and Co-founder
Founder translates from English meaning the founder, takes the responsibility of taking on all the work for a new organization , a new business or any agency, school, etc.
Co-founder means co-founder , partner with one or more people to create a new organization, new unit. If an enterprise or company has two or more owners, they can be called Co-founder.
These Co-founders will work with the Founders to provide ideas, lend resources or ideas to build a company or organization.
Founder will take responsibility for running a single company, making feasible, profitable decisions for the company or organization, developing a business model and attracting a lot of investment resources.
Co-founder is also responsible for running the company with Founder. A Co-founder can be the Founder who found the company or a partner with Founder. Co-founder will support the founder of the company with their development ideas, skills, experience or even finance, and found founders with directions for the company.