Should Medical Tourism Facilitators Bring on a Co-Founder?
Starting a medical tourism business involves navigating complex decisions, and one of the most significant is whether to bring on a co-founder. While partnering with someone may seem like a way to reduce workload and accelerate growth, the decision carries long-term implications that should be carefully evaluated. Understanding the Role of a Co-Founder A co-founder should add clear, measurable value to a medical tourism business. This typically includes revenue-generating skills, operational expertise, or industry knowledge that directly supports growth. Bringing on a partner solely due to feeling overwhelmed can introduce unnecessary risk, especially when those challenges could be addressed through better systems or external support. Why Equity and Control Matter Adding a co-founder means sharing ownership and decision-making authority. Equity is one of the most valuable assets in a business, and once it is given away, it is difficult to reclaim. For this reason, partnerships ...