Disclosure certainty 4/5 debate potential 3/5

Girdley hires and pays potential co-founders pre-idea with no strings attached

Michael Girdley · How To Find Great Business Ideas Using Effectuation · Nov 6, 2023 · at 11:14

Serial entrepreneur Michael Girdley explains his unconventional associate model for venture creation to Alex Lieberman.

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“So my model is I bring people on pre-idea. Like I go find co-founders first. So like I'm a big believer in like right people, right structure, right mission in that order. ... And so my associate model has been historically, I hire a few of them at a time and I mentored them through the process of us finding something to work on together. And then there's a no strings attached agreement. I just pay their salary. And then like we can do, we can start something together or not.”

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