Solo or a team of founders?

Solo founder of a cybersecurity company. I'm solo mostly because there isn't a healthy pool of cybersecurity entrepreneurs per se (especially in my space). If I had the choice I would have a cofounder. That being said, I focused on getting great advisors and a supportive team and that has helped immensely!

As a solo founder myself, I understand the challenges and benefits of going it alone. However, I am curious to hear from those who have chosen to have a founding team. What made you decide to work with others? How has having a team impacted your startup's growth and success? Any specific advice for solo founders considering bringing on a team? Looking forward to hearing your insights!

Tried solo but I really like to have a colleague where I can share my passion for entrepreneurship.

I have a co-founder. And it really helps to stay on course and grow faster by diving the tasks between us. And it is a huge morale booster 🚀

I'm solo, mainly because I prefer to move as fast as possible.

I am one of the co-founders (we have 3 core team members)

Initially there were 4 of us building KLU but we are growing 😊

Solo

Full control: As a solo founder, you have complete control over all aspects of your business, from ideation and development to marketing and operations. This can be empowering and allow you to make decisions quickly without consensus-building.

Team of founders

It depends on the strengths and preferences of the individuals involved, as well as the nature of the business.

I am actually both a solopreneur and the part of a founding team for another startup! I have loved both and actually like that I get to experience both

Both :)

IF you can get a team of Founders, that is the way to go. I often hear that teams can not make as swift decisions as solo founders and I tend to disagree. I have been a solo founder in the very beginning of my career and you can easily drag a decision just by the fact that you do not have a qualified / trusted counterpart to get validation. To share a bit of my experience here. Co-Founders shouldnt be slower than solo in decision taking, but they need clearly defined roles. Often it is not the "team" making decisions slow, but the undefined positions. Founders tend to give titles but then do not follow up on it. No sense in naming a CFO if all financial decisions still get approved by CEO. CEO's should also leave running the team to COO's and so on... There is absolutely no way a solo founder can keep up with a good team of founders with clear responsibilities. No matter how smart the solo is. Take a deep breath, be honest with yourself and then decide. If you have potential Co-Founders you can still vest them and test them. Not easy to find and I am very very grateful for my Co-Founders! That being said, we are a team of Founders and it is not our first rodeo. When having the option to go solo or choose to take my "business buddies" it was an easy choice for me, as we have been successful together. I can not speak for my Co-Founders, but for me personally: I know I can be stubborn and I personally sometimes will tend to go into a confrontation heads first, thoughts second. Founders should be willing to fight for their babies and be relentless. (I am) Nevertheless it helps me to have a trusted person at my side giving me a different view on things.

I think a small core team works the best.

Solo

We are making Letterly mobile app with the team 😊 By the way, we are launching on the 12th of January: https://www.producthunt.com/prod...

Team

team founder

Solo