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Co-Founder | Scrabble

Posted on July 11, 2023

Job Description

Who Are We Looking For?
The qualities of Co-founder may vary depending on the specific needs and objectives of the Venture
she/he leads. However, some common qualities that are sought include:
Entrepreneurial Experience: The Co-Founder should have a track record of being an entrepreneur
or have held leadership positions in startups. She/he should have firsthand experience in launching
and growing businesses and understand the challenges and dynamics of early-stage ventures and
start-ups.
Domain Expertise: Co-Founder should possess deep knowledge and expertise in a specific industry
or category that Think9 focusses on – food, fashion, home, beauty, and wellness. They must have a
strong understanding of the industry trends, customer needs, and competitive landscape to identify
and execute promising business opportunities.
Strategic Vision: Co-Founder should have the ability to think strategically and envision the longterm
potential of a business idea. They can assess market dynamics, identify gaps, and formulate
innovative strategies to address them. Co-Founders are forward-thinking and can guide startups in
shaping their vision, mission, and growth strategies.
Problem-Solving Skills: Co-Founders excel at problem-solving and are adept at finding creative
solutions to complex challenges. They can quickly identify bottlenecks, develop actionable plans, and
navigate obstacles that arise during the early stages of a startup's development.
Team-Building Abilities: Co-Founders should have proven leadership skills and the ability to build,
nurture and inspire teams. Co-Founders are effective communicators, collaborators, and mentors who
can guide and develop the talents of the startup's team members.
Network and Relationship Building: Co-Founders typically have a vast network of contacts,
including industry experts, potential customers, and other entrepreneurs. They leverage these
relationships to open doors for the venture they work with, establish partnerships, and gain access
to resources and expertise and even secure funding.
Adaptability and Resilience: New ventures face numerous challenges and uncertainties, and Co-
Founders must be able to adapt quickly to changing circumstances. They should be comfortable with
ambiguity, resilient in the face of setbacks, and capable of adjusting strategies as needed.
Passion and Commitment: Co-founders are driven by a passion for entrepreneurship and a
genuine interest in helping the venture succeed. They are committed to the mission and goals of the
Venture Builder firm and are willing to invest their time and expertise to nurture and grow the portfolio
startups at least for a period of four years, if not more.
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Role & Objectives
The primary responsibility of a Co-Founder is to bring their entrepreneurial expertise and energy into
the Venture and the execution of key initiatives.
Aligning Business Plan and Operational Planning: Co-Founders will use their industry
knowledge and market insights to align the existing business model, identify target customers, and
define the Venture’s input matrices, output matrices and financial goals on a monthly and annual
basis. They will help translate the overall business strategy into actionable plans, ensuring alignment
between Think9 board and day-to-day execution.
Revenue & Channel Development: The Co-Founder will be actively involved with developing and
growing the Venture’s sales and distribution channels. They will develop effective margin and revenue
strategies, help identify potential channel partners, and support the team in building strong
relationships with retailers, e-commerce platforms, and other channels.
Data Analysis and Optimization: The Co-Founder will contribute towards a culture of data-driven
decision-making at the Venture. They can help establish key metrics for tracking performance, analyze
data to identify trends and opportunities, and make data-informed recommendations for optimization
and improvement. The Co-Founder can also guide the implementation and utilization of analytics
tools to gather actionable insights.
Partnerships and Collaborations: The Co-Founder can actively seek out strategic partnerships
and collaborations that can benefit the Venture. They can leverage their network and industry
connections to identify potential partners, negotiate agreements, and establish mutually beneficial
relationships. Partnerships can range from collabs or co-marketing initiatives to distribution
partnerships and technology collaborations.
Continuous Improvement and Adaptation: As the Venture evolves, the Co-Founder will play a
crucial role in fostering a culture of continuous improvement and adaptation. They can encourage a
mindset of experimentation and iteration, promoting agile methodologies and rapid learning. The Co-
Founder can also help identify areas for optimization, address bottlenecks, and drive process
improvements to enhance operational efficiency.
Team Building and Leadership: The Co-Founder will actively participate in team building efforts
by recruiting and assembling a talented and diverse team. They will identify and attract individuals
with relevant skill sets, experience, and cultural fit.
Product Development and Innovation: The Co-Founder will contribute to product development,
identify opportunities for innovation and differentiation, and help prioritize features and
enhancements based on customer feedback and market trends.
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