Finding the Right Co-Founder, Scaling a Startup & Building a Unicorn from Scratch | Andrew Humphries

On this episode of Everyday Founder we sit down with serial entrepreneur Andrew Humphries, formerly of The Bakery. Andrew shares his insights on building and scaling businesses, finding the right co-founder, securing funding, and navigating the challenges of entrepreneurship. With a track record that includes leading sales at Adeptra (sold for $135M), advising the UK government on tech talent, and co-founding The Bakery, Andrew's wisdom is invaluable for any founder looking to grow their business.How do you find the right co-founder?When should you raise funding vs. bootstrap?What are the key ingredients to building a unicorn?How do you manage burnout as a founder?Tune in to hear Andrew's raw and real insights on startup life, leadership, and making the right bets as an entrepreneur.Chapters:00:00 - Welcome Andrew Humphries00:07 - From Adeptra to Government Advisor00:31 - The Bakery: A Corporate Accelerator01:51 - The Secret to Building Unicorns04:43 - Why Andrew Stepped Away from The Bakery06:41 - Finding the Right Co-Founder12:16 - The Three Questions to Ask a Co-Founder15:36 - When Should You Raise Funding?22:26 - The Reality of Big Fundraising Rounds29:05 - Lessons from The Bakery and Beyond37:37 - The Trade-Offs of Being a Founder45:03 - Managing Burnout & Founder Mental Health50:32 - What Business Would Andrew Build Today?54:46 - The Role of Luck vs. Talent in Entrepreneurship58:53 - Final Thoughts & Wrap-UpIf you're a founder or aspiring entrepreneur, hit subscribe and turn on notifications for more insights from top business leaders. Hosted on Acast. See acast.com/privacy for more information.