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by Abishek_Muthian 2642 days ago
> of course, this bars you from some industries or business models.

Not just that, there are numerous other variables. e.g. The environment,I started my company in India when there was no definition for a startup, so my startup was no different than a Billion dollar corporation from the eyes of the government.

So, as a single founder I spent much of my initial years trying to learn all compliances & adhering to them(there are dozen new ones every month); while the product development went un-interrupted through the developers (whom I personally trained) & via automated systems.

Startups in a better environment had a competitive advantage of having to focus only on their company's growth even when being a single founder.

1 comments

Oh yeah, that wasn't a criticism of you. Just wanted to leave that for single founders to think about as they structure their businesses.
I wouldn't mind a criticism either, just wanted to bring up startup environment issues & to factor in when deciding sole founder vs otherwise.

Edit : Tried to be succinct.