The One Person Startup: Part 1 – The Single Founder Myth

I have been reading article after article about the great team, and the mistakes that kill startups, and the one that always seems to be mentioned is the "Single Founder", one article in particular "The 18 Mistakes That Kill Startups", mentions this as #1.

The reason the article list are:

  1. No "successful" startups were founded by just one person.
  2. By having just one person, the founder could not talk his friends into starting a company with him.
  3. It's too hard for one person. No one to brainstorm, talk you out of bad decisions, cheer you up when things go wrong.

But all of these reasons he gives are rather weak. One sites historical evidence as a postulate for future success, which might be correct statistically, but does not guarantee success or failure. The friends argument is also weak because not all startups happen when you are right out of school, or in school, people have lives, children, etc, and in some cases my friends were not the right fit for this type venture. Finally, the support system argument is nice and fluffy, but business is hard, startups are even harder, if your not ready for the highs and lows you should not be starting a company to begin with.

I am not the only one that feels this way, check out the Google search on "Single Founder", there's an article I like called "The Single Founder Myth", by Mike Taber, check it out.