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WHO BREAKS THE TIE?
Entrepreneur
|Startups Summer 2020
How do cofounders settle disagreements when they have an equal say in the business? Six entrepreneurs share their methods.
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1 Focus on the “yes.”
“When we started our business, we discussed our strengths and interests and decided that if we couldn’t resolve an issue, I would have 51 percent ownership over the finances and my cofounder, Christiana [Coop], would have 51 percent ownership over design. But we also agreed to discuss our differences in opinion, and for more than 11 years, we haven’t had to play our ‘ownership card.’ Our default is that if we both can’t get to yes on something, we pass.”
—AIMEE LAGOS,
cofounder, Hygge & West
2 Turn to your team.
This story is from the Startups Summer 2020 edition of Entrepreneur.
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