It is impossible to foresee all possible situations your team might face in the future.
Writing a Cofounder Manifesto helps you define, agree and document:
the main guiding principles of your team and the company you set out to build -
documents cofounders' roles and set milestones
cofounders' commitment to the project
cofounders’ needs and risks and their mitigation
It will give you a map from which you – as a team - can navigate in the unpredictable future – and remind you how you want to work together – and why.
Majority of businesses do not fail because of lack of ideas or cash – they fail because of teams.
Make this an important part of your team base set up.