71–80 of 253 posts
Earlier quoted context omitted.
As a founder you would probably spend more time on calls and other administrative tasks that don’t require much brain energy. That’s how you end up doing long hours.
However constantly switching contexts between different tasks is also very taxing...
> the data shows that solo founders rarely succeed Where is the data on this? The only public exit / ipo yc has had to date was a solo founder.
Earlier quoted context omitted.
However constantly switching contexts between different tasks is also very taxing...
I've taken to waking up at 6 to get a couple of hours of solid "brain work" before I start the day
This is a fantastic resource. >> ...the data shows that solo founders rarely succeed. The emotional burden is just too high. I am a solo founder and yeah, I completely agree with this. I severely underestimated the emotional burden of going it alone. I am in a much better state now, but it was definitely a struggle. If I had to do it over again this is the main thing I would change - be more open towards and work har…
> YCombinator has a near-blanket policy of only accepting co-founder teams (ie- no solo founders), because the data shows that solo founders rarely succeed. The emotional burden is just too high. But YC application FAQ states that this is not true. Although practically speaking from speaking to other startups, I have noticed that only startups with co-founders made it to the final round. This is just based off my exp…
Very, very few solo founders get into YC. I heard somewhere each batch of companies has about 2 solo founder companies total.
This is a fantastic resource. >> ...the data shows that solo founders rarely succeed. The emotional burden is just too high. I am a solo founder and yeah, I completely agree with this. I severely underestimated the emotional burden of going it alone. I am in a much better state now, but it was definitely a struggle. If I had to do it over again this is the main thing I would change - be more open towards and work har…
I am a solo founder and I have been a non-solo founder in the past and being a solo-founder is 100x better. I think it depends on the type of person you are and what is important to you.
A solo founder who ticks all the boxes will beat an equally skilled team every time
Most people don't tick all the boxes, so generally speaking you are better off starting with a co-founder
Am I the only one that immediately thought about employees as the Clueless on the Gervais Principle[1]?
It looks to me like they need to sell this dream of exiting big for people to sacrifice everything for the company. However everyone forgets how absurdly low the chances of winning the lottery is.
It's essentially the carrot on the stick.
Maybe I'm wrong and it's easy to win on this "game"? I'd love to see some data on how many actually become millionaires after killing themselves on the startup grinder.
I feel like there’s an ‘all or nothing’ attitude recently around starting a business which doesn’t make sense to me. Either you’re making millions and have 100 employees or nothing. I work in a company that has 5-10 employees, nobody is working their ass off and there’s steady income and gradual growth. Our CEO is not a millionaire, but he enjoys his work and the company he works for. There is no plans for fast growt…
>> Can anyone explain to me where does this obsession with VC funding and huge growth come from? I feel like if you grow your company by more then 50% YOY you will end up with a totally different company culture, and you might end up hating your own company. Startups need an exit strategy. Employees want to work 5-10 years max and end up with millions to retire peacefully while working in an intense environment which…
I read the comments before clicking the link, and found myself agreeing with commenters who complained about this line: > In addition, if people are working less than 8-10 productive hours per day, then they are clearly not being as productive as they could be. I almost dismissed the book as a "yet another VC-driven, work-your-people-to-burnout story" but really, there's more to that. I've found it an excellent read…