How much more difficult is it to build a startup with a single founder?
11–20 of 39 posts
Re: How much more difficult is it to build a startup with a single founder?
#12I guess I'm just not sure where the line is drawn between a founder and the 1st employee
Re: How much more difficult is it to build a startup with a single founder?
#13Re: How much more difficult is it to build a startup with a single founder?
#14Earlier quoted context omitted.
Doing that worked well for me in my first company, which lasted 10 years. But I didn't get to that point on the second one and I burnt out working on it completely on my own. It was working, but still too early to hire and a cofounder would have definitely helped push on. Had the wrong cofounder on the third one though, and I can't stress enough how important having the right cofounder is after that experience. It wa…
I've been in both situations. I've had cofounders, who weren't quite as motivated as me, at which point I felt, "I might as well have done this alone". Then I tried doing it myself and found myself overwhelmed and thinking "wouldn't it be nice to have some support". Wonder if there are any articles on how one could go about finding a good co-founder that you would "jive" with. BTW, which one is worse, going it alone…
I'd break it down into 3 things to look for in a cofounder: proof that they're hard-working, that they have complementary skills, and that you really gel with each other. Kinda gotta feel the last one out, but the others should show up in their past work and their work ethic.
Re: How much more difficult is it to build a startup with a single founder?
#15If a single person builds the 1st version of the application and gets the first 20 or so paying customers, is the 2nd person to work with the 1st person considered a founder? I guess I'm just not sure where the line is drawn between a founder and the 1st employee
Re: How much more difficult is it to build a startup with a single founder?
#16Am I the only one that really doesn't like Quora's answer summary? Especially for a question like this, because some (somewhat contrary) valuable opinions are essentially ignored in favor of a catchy one liner.
Re: How much more difficult is it to build a startup with a single founder?
#17Re: How much more difficult is it to build a startup with a single founder?
#18Having been a solo founder all my life I know just how hard it can be. I would not wish some of the lows I have had to navigate on my worst enemy.
If you are unfortunate enough to be in really difficult situations you really need the intestinal fortitude and mental stability to deal with life-changing problems. Few people in their early 20's have had enough life experience to have developed these qualities.
The problem with the co-founder model is that when life is peachy everyone is working hard and having a good time. However, when things turn ugly if all founders are not equipped to manage the situation it can easily turn in to a nightmare. Things like not being able to make payroll, facing lawsuits, facing bankruptcy, catastrophic supply chain problems (manufacturing), etc. can easily create a set of conditions that can break apart a partnership that was great during good times.
While I will not dispute that having like-minded co-founders can be an advantage, I am of the opinion that --for a certain type of businesses-- I'd rather go solo than run the risk of partnering with someone who might become my worst enemy when things become difficult. The right partner, however, can be an incredible asset, no question about it.
I don't think there's an easy universal answer to this question.
Re: How much more difficult is it to build a startup with a single founder?
#19This problem also came up the other day in the 'what skills do self-taught programmers lack'. I am a self-taught programmer and I don't care how many engineers you have managed, you can never actually understand what skills I lack. That thread should have been a bunch of auto-didacts explaining what they've had problems with over the years. Instead it read as a bunch of cs majors listing out the cs curricula from their schools.
Re: How much more difficult is it to build a startup with a single founder?
#20Its not. Start on your own, keep the equity, and in 6 months you can hire the same person for just a salary and only 1 or 2%