| I did cofund some years ago with 3 people and now I go solo at https://planningpokeronline.com/ (a scrum planning poker tool with $10k MRR) These are the main advantages I found in go going solo (for my specific case): - Less costs, this is critical at the beggining, paying 4 salaries with the early income is not the same than paying 1. - Faster developing. If you combine several skills, the discussions are only in your mind (from your CTO mind to your CMO mind, passing throug your CEO mind,etc.) , you don't need to arrange meetings to talk between your different minds. - More freedom. You can work when you want, and have days off when you want. You don't need to coordinate with anyone. Maybe with your life partner but thats anotther story :) - You learn even more. IF you cofund you may tend to don't pay attention to the things that don't fall in your domain. When going solo you learn about everything: taxes, invoices, developemnt, design, marketing, etc. For me the cons of going solo is that you lack expertise in other fields that a cofunder could fill. My personal suggestion to everyone starting a startup is to identify the main pilars of the business
and then find a founder for each pilar. For example, for an online food store, the pilars would be 2: Digital (marketing and site development) and Food logistics (buy, store and sell food). Then, the founders could be: an expirienced CTO, and an expirienced Chief from food industry. In my case, the scrum's "Planning Poker Online" app, there is only one pilar: Digital. As the app is a 100% automated SASS and the users are Digital people like me. I hope this helps someone, :) |