Friday, August 11, 2023
I've known my co-founder for 11 years. Despite our long-standing, laid-back relationship, we often face challenges when making business decisions. Here's what we've discovered.
When we work together, both of us want to be the decision-maker. We often struggle to come to an agreement, and when we do, it usually involves a tough battle.
We each took ownership of separate projects: Ian took on Popping.live, and I focused on Receipt-AI.com. Regardless of challenges or successes, the owner takes responsibility. We still support each other with business strategies and pull requests, but the battles are fewer, and weβve both made great progress since then.
When two smart and capable people are passionate about the same thing, it's important to have clear and separate responsibility. Simply gathering talent doesn't always translate to success. In the NBA, Westbrook, KD, and Harden were on the same team, but they never won any championships together. While in sports you might blame the coach, but in the startup world, there's no one else to point fingers at. You have to figure out what works for your team and guide yourself to success.
Remember, two tigers can work together, and it's important to have one as the ultimate decision-maker, set up clear responsibilities to unleash every team member's strength.
startup
receipt ai
receipt scanner
co-founders
receipt organizer
Save 97% of your time with efficient receipt processing
Works with Xero and QuickBooks
Perfect for businesses, big and small
No extra app downloads. Works with tools you already have (Email and SMS)
Use Case
QuickBooks Receipt Scanner with Receipt-AI Your Top Choice Xero Receipt App Generate a Simple Expense Report with AI and SMS Receipt Management for Small Businesses Receipt-AI: The Best Receipt Organizer Track Receipts with PO numbers for Construction ProjectsArticles
What makes Receipt-AI unique? How is AI used in Accounting? Simplifying Accounting with Receipt-AI and QuickBooks We've hit $1 million in total expenses in Receipt-AI What deductions can I claim without receipts for US businesses? What are the major business expense categories?