|
|
|
|
|
by bachback
4670 days ago
|
|
Solo founders are rare for a reason. If you just hire people to do a job, why would the most talented people work for you? Doesn't make much sense in most cases if the founder has not already a lot of capital. I would say increasing the odds of success is much more valuable than getting a higher payout in the success case (expected value = chance * payout). On the other hand, it is hard to find the people who have very similar goals. |
|
And not all businesses needs to be set up purely as a vehicle to an exit. Many businesses can instead operate as "lifestyle businesses" and earn great revenues / profits for years to come.