3 ms·
Data is clear, individuals don't succeed. The larger the founding team, the higher the chance of success - Solo entrepreneurs seldom succeed, 2 are more likely
by portLAN 19y ago
Data is clear, individuals don't succeed. The larger the founding team, the higher the chance of success
- Solo entrepreneurs seldom succeed, 2 are more likely to succeed, 3 are even more likely, 4 are even more likely, and 5 are even more likely (don't have enough data after 5)
I think the main factor behind this is not work division, but social stimulation. Just being around other people is stimulating. Plus, we are wired to assign importance to what other people are doing; if nobody else is doing it, it doesn't seem important. By contrast, look how hard two friends will compete to outdo each other in meaningless contests of trivia, gross-outs, and even hazardous stunts.