Decision making · Solo founders

What are the downsides of being a solo founder?

Bhavna Pruthi Software Developer at Chetu India Pvt ltd

October 19th, 2016

Having only yourself to rely on can be so stressful sometimes, a lot of the time.. I know there are many challenges ahead. Are any of you solo founders? If so, what are the cons that you had to deal with, and how did you overcome them. However, there are some upsides to being a solo founder as well. I am a solo founder myself and would like to hear back from people who have been in my shoes before. Making decisions about everything to come your way isn’t always the easiest thing to do by yourself.

Dane Madsen Chief Operating Officer at Comivo, LLC

October 19th, 2016

Just because you are a solo founder does not mean you have no sounding boards. Pick your team wisely and have a clear vision, mission, and ambition. Dane Madsen Dane@DaneMadsen.com 206.900.5852 Mobile Sent from my mobile device. Forgive typographical and grammatical errors.

Andrey Stegno Founder at Flyber

October 19th, 2016

I am solo founder and try to find a partner because now I understand how difficult to grow alone 

Andrey Stegno Founder at Flyber

October 20th, 2016

"how will you ever convince" - easy, just publish in blogs and read comments. There is another problem with co-founder that he can give up but wait for your success 

Danish Want Sr. Consultant - CRMNEXT

October 27th, 2016

I dont think there should be any downside of solo founder as long as they are like minded people.Initially you may find it hard to find founders but before even finding one try to know someone who believes in what you believe in and also who is passionate about the vision and mission of the company as you are. That will help you alot. The people from same experience, background can be of great help.

John Hall

October 27th, 2016

Hi Bhavna,
I'm currently a solo founder.  Beyond the normal challenges, three areas have really hurt me.  First, without the perspective of a co-founder, I haven't noticed several issues that really should have been obvious much sooner.  Second, without the accountability of a co-founder, it's been hard to devote as much time and energy to the important tasks that I'm not good at as to the tasks I am.  Finally, without the support of a co-founder, it's hard to find the time to get ahead of problems and out of firefighting mode.

The most valuable thing I've done to combat these is to find good advisers, meet with them regularly, and really dig into their advice.  However, these things have been difficult to overcome by myself, and I'm currently looking for a co-founder.

Jen Fuerte Founder at TeachrTec

October 27th, 2016

Hi Bhavna - a quick note, in addition to good advisors to help with the decision making, find good people to come on board to work with you, under you. This way you should have them do the tasks that are not your strong point.