This content was created by GHION.AI . This content was uploaded by GHION.AI . This is a YouTube video titled "Wences Casares: Co-Founders Should Act as One" created on June 9, 2011. It features Wences Casares discussing the importance of co-founders maintaining a unified front in their organization, sharing experiences of how he and his co-founder Mickey managed their partnership dynamics to ensure effective communication and decision-making within their company.
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We were going over, communicating, as Mickey says, we were going for lunch every day, just the two of us and going over all the issues that we had in our mind that we wanted to bounce back and forth or make decisions on, etc. And at one point as the bank got larger, I said, hey Mickey, you know what, why don't we start going to lunch? You go with some people and I go with another group. It would probably be good that we don't do this lunch. It's just you and I alone. It would be very helpful that we use them to spend time with the rest of the team. Also at the same time we had our desks in an open office, but our desks were together and I decided to put them on opposite ends. And it was a disaster of an experiment. In less than three months we were back to having the lunch is just the two of us again and the desks together again. And when we try to figure out why doesn't it work? Is because when we think it's very important that the partnership be perceived from the rest of the organization as one. I think I started a conversation with Mickey and keep it going with me. If they don't see Mickey the next day, et cetera. And it has to feel like one. And for that you have to be really over communicated. Also when we have issues between us and we have tons of them, that they don't become public and open to the organization, not for a matter of secrecy or not being transparent, sort of the opposite is because it would be a problem for people to understand what to do, who to follow direction from, etc. So when you have all of these disagreements, to keep that just between ourselves, but also always when it's outward facing to show one face, that one we agree. And if there's something I don't agree, I know that we are showing that other decision that I disagree with until I can convince him somehow. But it would be very, very counterproductive to the partnership that we show those different faces and the organization doesn't know what to do with that, etc.
