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Absolutely, DO NOT, get a co-founder!

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Re: Absolutely, DO NOT, get a co-founder!

#31
post #30
post #19

Earlier quoted context omitted.

I think brett was suggesting rambling, angry, posts are better suited for a blog.

Something I disagree with. This site is part social news and part forum. This is a forum-style post. Fits right in.

Sometimes I prefer to not click through to another site. At least here, I don't have to worry about a painful interface, frivolous widgets, or distracting ads. It's all about the writing and our opinions of it, which is all that really matters to me, anyways.

Re: Absolutely, DO NOT, get a co-founder!

#32
post #16

BitGeek: Your post is simply amazing. I couldn't agree more. Having multiple co-Founders does not guarantee success but also does not guarantee failure. But if a startup with multiple co-Founders were to somehow become successful, it is still very difficult for it to grow beyond the bootstrapping stage. I actually have one chapter planned for my on-line book to be entitled "Middle Management Gone Wild" which is what…

It is the same difficulty that a hunting party would have growing into a village.

Maybe it's just me, but this analogy is not all that clear to me. What exactly prevents a hunting party from growing into a village? If the point is that a village would require people to fill support roles, I think that is what the employees of the company would be for. That would destroy the analogy, so I think I must be missing something.

Re: Absolutely, DO NOT, get a co-founder!

#33
post #18

The fact that most plane crashes are due to engine failure doesn't mean planes shouldn't have engines. All you have to do is look at the empirical evidence. Successful single-founder startups are so rare that they're famous on that account. I'm not saying that having a cofounder is so important that you should take someone lame, or someone you don't know well. Maybe if you can't find a cofounder you're just screwed;…

What about for Facebook apps?

Personally, if you're just planning on making a Facebook app, I hope you're doing it for fun, or to satisfy your own app desire, or with some eye towards a future opportunity. Making a Facebook app interface for an independent site makes a lot of sense, but I would not want to center my entire business model on a closed platform that has shown little evidence of revenue with the constant threat to have my functionality mirrored and obsoleted. So in that sense, I don't think the writer of a Facebook app has to worry about a cofounder, since said writer would (hopefully) not be expecting to found a company out of the venture. That would be like saying someone starting an open source project needs to wait for a cofounder (ignoring, of course, that whole "open" part).

Re: Absolutely, DO NOT, get a co-founder!

#34

Earlier quoted context omitted.

What about for Facebook apps?

Personally, if you're just planning on making a Facebook app, I hope you're doing it for fun, or to satisfy your own app desire, or with some eye towards a future opportunity. Making a Facebook app interface for an independent site makes a lot of sense, but I would not want to center my entire business model on a closed platform that has shown little evidence of revenue with the constant threat to have my functionali…

Nothing prevents you from doing that after you come up with a viral app. Facebook is a nice place to experiment because it takes so little time to build Facebook only apps.

Re: Absolutely, DO NOT, get a co-founder!

#35
post #18

The fact that most plane crashes are due to engine failure doesn't mean planes shouldn't have engines. All you have to do is look at the empirical evidence. Successful single-founder startups are so rare that they're famous on that account. I'm not saying that having a cofounder is so important that you should take someone lame, or someone you don't know well. Maybe if you can't find a cofounder you're just screwed;…

The plane analogy doesn't work because dual engine planes are more reliable than single engine planes... unlike founding teams, engine can't decide that they want to go in different directions and engines are not insecure, ego driven, or prone to misunderstanding each other. Nor do engines have investors coming in sowing dissent between them.

If you look at the empirical evidence, you will see that most successful companies are started by an individual. Now, of course, a successful company needs more than one person to be involved-- they need employees. And early employees can be very well rewarded and significant contributors to shaping the idea.

But leadership by consensus does not work, as anyone who has belonged to a high school club or organization knows. In a business environment, it is death- the founders never reach consensus and generally they constantly pull against each other, undermining each other and ultimately undermining the company.

Leadership by consensus is quite literally the absence of leadership.

When there is a leader, and that leader is capable, the company succeeds.

If you have a pair of people who work well together, then as you concede generally one of them will be the clear leader. Dividing the work and having each lead sections of the company is fine- if you know the person who you can do that with. But such people are generally quite rare.

Unfortunately, the advice that you must find a founder in order to start a company is bad advice-- in most cases this will lead to the company failing. There are, of course, examples of pairs of people who co-founded companies together and they are well known because they are the exception. But the vast majority of successful american enterprises are started by an individual with an idea and the dedication to pursue that idea.

Forming a company takes vision. It takes dedication and it takes certainty that there is something there- and opportunity to add value that has not already been seen and seized by other entities.

This is why leaders who start companies are far more likely to success than friends who decide to "do a startup" and "manage by consensus."

If you don't have a cofounder already- you shouldn't be looking for one. Hire some employees.

But you're far from screwed-- simply looking at the history of startups in America and you'll see that single men with vision are most often the ones who succeed.

Re: Absolutely, DO NOT, get a co-founder!

#36
post #19
post #14

Earlier quoted context omitted.

this wasn't started by just one person, though. granted evan finished it by himself, proving the point below about co-founders leaving.

I think brett was suggesting rambling, angry, posts are better suited for a blog.

Hmm... I don't know what was angry about what I posted. I just saw another "how to get a founder" thread followed close on the heels of a post on another site from someone lamenting that they couldn't find a co-founder.

Sure, it has sucked to when the founders were fighting... but its been years since I went out on my own.

Don't confuse confidence and passion for anger.

Re: Absolutely, DO NOT, get a co-founder!

#37

I like the case you're making here, which mainly seems to be that if you're waiting around on a cofounder, you're trying to solve the wrong problem. Unless you already have a potential cofounder in mind, you may be opening yourself to other problems by trying to find one (delaying the project, working with someone who turns out to be not as good as hoped, etc.). So I have to agree that your advice to just start worki…

Hey there- That's what happens when you have creative collaboration with someone.

Every employee you hire should be sharp enough to be able to do so, and the good ones will be bringing ideas to you unbiden.

If you've got a co-founder, great. Nothing wrong with that... its just that the idea that you need one is in error, and if you ever have to present to someone who thinks that way, your first couple of employees you can call the "Founding team" or "cofounders" or whatever you want.

Its just that in order for the company to function- you need a vision and a direction.

Startups too often find themselves going in circles wasting time because everyone's second-guessing everyone else... and this is more likely to happen when you have cofounders trying to reach consensus rather than a founding team with a clear leader

Re: Absolutely, DO NOT, get a co-founder!

#38
post #2

That's a good point but besides fighting, having at least one co-founder is a great deal (if he/she is a close friend). I'm telling this because a lot of startups change their business ideas several times, and sometimes your vision is not the right one. There's one big issue here, if an employee tells you that your company will be better doing X instead of Y is totally your decision, it can be right or wrong but that…

IF you treat an employee with respect and take him seriously and explain why you are doing Y instead of X, that employee will tell you again when he has other ideas.

You can have as close a relationship with an employee as you do with a founder.

I think the problem is that people get stuck on labels here-- the idea that only cofounders can have an opinion or will have their opinions listened to is probably pretty accurate in reality, but it doesn't have to be that way.

In fact, one of the most valuable and rarest commodities in a high tech startup is humility. Always hire for humility along with confidence- they aren't contradictions!- and show it yourself.

I think that employees are generally pretty good about letting people know when they are doing the wrong thing... even if they think you're not listening. You don't have to listen very close to tell which way the wind is blowing.

The problem is that too many people are too arrogant to take the direction of the wind seriously, and this can actually be worse with co-founders because their grousing can drown out the employees.

Re: Absolutely, DO NOT, get a co-founder!

#39
post #12

I'm really on the fence about this because both arguments have truth to them. If you look at many successful companies, they were often founded by two people. However you'll also find that usually one of the founders leaves eventually (usually after a short while compared to overall lifetime of the company), and the other stays to run the company. I can give a whole bunch of examples. Apple: Steve Jobs and Steve Wozn…

Right, and that mutual support can come, in large part, from other employees. One company I worked at, due to the personality mix, was kinda rough, and we were in a tough time funding wize and market wise-- but the office manager, and older german woman with a strong will, took it upon herself to fix things and thru random help, negotiation and general positive attitude really made things a lot better- she was a one woman support organization for a 12 person startup.

Finding great people to be employees is very important, and I'd say more important than finding a co-founder. In a way your co-founder has to embody everything... but each employee can contribute a part to the whole.

Re: Absolutely, DO NOT, get a co-founder!

#40
post #3

Just because there's an example of a single co-founder company succeeding doesn't make your hypothesis true. Statistically, it seems that multiple founders correlates more highly with success than single founders. Perhaps there's an underlying reason that the companies you've worked with have failed when there were multiple founders (e.g. personality clashes, inability to resolve disputes, etc.).

Actually, the converse is true- most successful companies in the US are founded and lead by a single individual.

There is an underlying reason that those companies that failed failed- no two people are alike. When you take two people and give them equal say, you are sowing the seeds of conflict which will-- and this is a guarantee- end up resulting in someone leaving or the company failing.

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