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Poor choice of word on my part. That wasn't a dig on you, just that as a solo founder before taking on staff there is a limit to how much you can accomplish. Y
by davismwfl 10y ago
Poor choice of word on my part. That wasn't a dig on you, just that as a solo founder before taking on staff there is a limit to how much you can accomplish.
Your ability to produce is limited by the number of hours you can work. The revenue and income is limited by whom you are selling to. The more clients you sell too the less likely you can scale before taking on staff. So typically you'd have fewer clients at higher revenue per client. Which also has its own issues.
In general, and in my opinion you wind up hiring staff for almost any business once you cross $500k/yr run rate or you have more then 5-10 active clients/projects that require weekly touches. The level and details of what that staff is and the cost varies greatly.
That said there are solo founders generating more.