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Building a solid team does not require one or more co-founders. It is entirely possible to start a company on your own, hire employees/contractors and then recr
by 7Figures2Commas 13y ago
Building a solid team does not require one or more co-founders. It is entirely possible to start a company on your own, hire employees/contractors and then recruit for key leadership positions.
Mark Suster's Co-Founder Mythology (http://www.bothsidesofthetable.com/2011/05/09/the-co-founder-mythology/ http://www.bothsidesofthetable.com/2011/05/09/the-co-founder...) and comments at Startup Grind earlier this year (https://www.youtube.com/watch?v=oAHgGUFjK3c https://www.youtube.com/watch?v=oAHgGUFjK3c) are well worth reading/watching.
Of course, if your goal is to have a great team on paper so that an investor will feel comfortable writing you a check, let's call the exercise what it is: building a team that might build a business once it has funding. That's not building a business.
- austenallred 13y agoI can only speak for my own experience; I would be dead in the water without a co-founder, and I would never try to do it alone, nor would I recommend someone else try alone.
- 7Figures2Commas 13y agoFair enough, but translating your experience into such absolutist advice is sort of like saying "I wouldn't be able to drive without an automatic transmission therefore I recommend that everyone avoid manual transmissions."
- beat 13y agoThanks for that link. Totally grok what he's saying. One thing I've realized is that, when pitching, I have to pitch me rather than pitching a team. Or more to the point, pitching that a: I have a real solution for a real problem for real customers (enterprise change management ain't the same as monetizing pictures of cats on the internet), and b: I'm capable of creating a company and building a team to bring this vision to life.