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As a solo founder: my main advice is just do everything you can to create value and hustle. I don't want to paint a rosy picture --- being a solo founder is a h
by keithwhor 10y ago
As a solo founder: my main advice is just do everything you can to create value and hustle. I don't want to paint a rosy picture --- being a solo founder is a hell of a lot of really, really hard work. It's not enough to just be good at writing software. My top recommendation is to find a cofounder you have worked with before that you really trust, and barring that, make sure you have a solid support network of friends and (hopefully) a supportive partner. The emotional rollercoaster is real and it can f_cking hurt.
The number one skill you can have as a solo founder is a tremendous amount of self-awareness and self-reflective ability. You're not going to have a business partner telling you when you're f_cking up, and you can't rely on really early stage investors too much for this, either (even after they've invested) because as empathetic human beings it's often better to give somebody the chance to figure it out on their own than risk alienating them. So be the person that figures it out on their own.
Aside from that, listen to the advice people give you, and take it seriously, but judge them by their motivations and actions, not necessarily the content of the advice at face value. A question from a prospective investor like, "how do you compete with [X]" isn't necessarily looking for an answer - if their action is they don't invest, it's probably more of a signal that the story you're telling them is raising red flags about [X] and you're not going to convince them today and move on. Figure out how to take [X] out of the equation in your story. (But it's good to know, for the sake of the business, how you plan on dealing with [X]. Storytelling-by-pitch is only a high level overview of a robust business strategy.) Similarly, keep in mind many active founders have motivations around self-interest of talent / IP acquisition first and foremost --- there are many, many helpful ones but at the end of the day they all have a business to grow just like you do.
Finally, with all of that in mind, trust your gut. If you believe in what you're building, and you're creating value for your customers, that's all that matters. Find believers. They're out there. Love others and accept love that others are willing to give. Listen to your believers when they speak. (Early investors, employees, etc.) They've already made actions you can trust (re: above), so their words are an order of magnitude more valuable.
Re: YC specifically, I can't be helpful there, but thought I'd jump in. I hope Michael has valuable advice about timelines and such.
- crisanionel 10y agoThanks for the advice.
- keithwhor 10y agoNo problem. For what it's worth, I'm still pretty close to the beginning of my journey and wouldn't be here without a fantastic group of amazing, supportive friends, family, colleagues and investors. I wish I had received more advice like this earlier on, and hope that's helpful for you. You'll probably hear, "find a cofounder" a heck of a lot but it's not necessary. It is extremely helpful, so always have your head on a swivel looking for the right people, just try to understand what you're getting into from the start. :)