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Ask HN: How to found a company as a single founder?

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Re: Ask HN: How to found a company as a single founder?

#241
From my experience, there's a massive intangible difference between a co-founder and an early stage employee. Get as far as you can without using equity, so that when you do use equity, you have a clearer sense of what you will get from it. When you want other big-picture decision makers, get co-founders. When you want x, y, and z mostly outcomes, hire employees. If you can't afford employees, could you get further and raise funds first? I've had amazing high equity employees and not so amazing ones. But with a small group of pseudo co-founders, things like firing, raises, pivots, etc. naturally become more political than they might otherwise.

It's cliche but think of this as dating except you just adopted a kid. When you start going steady with someone, it's critical to have a boundary between yourself as a parent and the other person as a (perhaps-temporary) parental figure. If one day you find someone who would raise your child even better than you could by yourself, or at least would make you happy and you trust fully in their judgment and values (even if not 100% same as yours), you get married. But you can still raise a great kid as a single parent.

Re: Ask HN: How to found a company as a single founder?

#242
I am 20 and moving to SF in a month . To help people be more productive I am building a self management software tool for startup employees, something you can use alone or in group with goals, feedback, and psychometric stuff.

I am 4 month into code and still need 2-3 more months to make something I can sell (at like 5$/user/month) or get free users.

Originally I am from France so I only have a 3 months window once in the US to take of and raise seeds to get my visa (otherwise I can maybe get married or I am screwed and come back crying at my mother's).

Do you have any advice ? Things I should do ? People I should talk to ? Startegies I should use ?

Re: Ask HN: How to found a company as a single founder?

#243

900 hours. That's my rule. It takes 900 hours of concentrated effort in brainstorming, building, tweaking, disillusionment, trashing it all, starting over, brainstorming some more, building, tweaking, demoing, networking and THEN selling before you'll even have the faintest idea as whether this can be a viable company. Put in the time and you'll see.

Have you formed some viable companies after 900 hours?

Yes, three. One was a total failure. One went public a few years after i left and the last one was a private sale by me to a Fortune 500 company. I'm not saying my rule of thumb is for everyone, but 900 hours is about the length of an average internship. When I'm evaluating a new idea or opportunity, I try to imagine what I would need to accomplish in 900 hours to make it into a viable company==> Sort of a reversal of Parkinson's Law about how work expands to fill the time allotted for its completion. This helps me really clarify and plan out exactly what i have to do, so i don't waste time later or get side tracked. IMHO, 900 hours of grinding it out will give you the insight you need to see if you were really onto something or need to pack it in and try something else.
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