Sam Parr vets potential co-founders by asking them to write down their ten-year vision, what they'd sacrifice for it, and their core values. Then he runs them through ethical dilemmas, including a Lance Armstrong cheating scenario, to see how they'd act under pressure before partnering.
When I had started companies in the past, I partnered with the wrong people. Not every time, but sometimes. And the mistake that I'm trying to not make this time is basically making sure I partner with the right folks. But we basically like said like, hey, like separately, write down 3 things. What does success look like to you in 10 years? What are you willing to give up in order to achieve that? And what do you value and how do you want to get there? We went through scenarios where like, let's say you're Lance Armstrong. It's 1999. You know that everyone's cheating and you have to cheat if you want to win. What are you going to do? And there's no right or wrong answer, but it's just like, let's just see how our values align in different scenarios.
