Is it possible to start a company alone?

I'm actually doing the same thing right now; starting a company on my own. Mainly because I don't want to give away equity so easily to someone that I feel like will not contribute as much as I will.

It can be done, but you better have engineering skills yourself or else it will be incredibly hard for you to pull off. If you're a creative type + have engineering skills, then I say go for it. But, if you lack engineering skills then you should team up with someone who does.

For instance, someone like Bill Gates would have no issues being a solo founder, since he could program himself, but someone like Steve Jobs would suck at it since he was a visionary type and lacked technical talent; Wozniak had to build the apple computer for him.

I think you're better off doing it by yourself. Make it happen.

The need for a founding team is a myth that is perpetuated in the valley mostly by VCs. It makes sense for VCs to push the importance of a team since it reduces their risk if you turn out to be crazy or get hit by a bus.

However in most businesses and I would even say software businesses, the founder is solo and when businesses pick up he/she merely hires employees to pick up the slack.

Well, I also think that it can be done alone and I am actually a lot in favor of your reasoning. But then again I would think very hard about it. Things may be more complicated working in a team but you get done a lot more than just trying alone. The difference can be unimaginable huge.

I would say it is rather a matter or leadership. If you are a smart guy but leading people is not your thing then go for it alone. If you think you can handle a few people, by all means go with a team. Even if the aims of members change, which I think is completely normal and needs to be taken into account, something good may come out of it. A team may not lead you where you wanted to go initially but in the end you may get at least somewhere where you would not have gotten alone.

The reality is that anyone that you would bring on you could likely hire for contract work. They don't need to be a Founder. Also in this model, depending on the type of company, you're likely at the advantage if you're NOT the technical person. CEOs have more market value than CTOs and it's much easier to contract tech than CEO elements.

Only time you need a cofounder is if you lack a skill needed to push your product to market and you don't have the money to contract it out . exchange you give equity. Like with investments if you don't need the money don't take it.

I have been at it on my own for almost two years. It's been very challenging. If partnership, or team, were to present itself I would strongly consider it. That hasn't been the case, though, so I press on alone (for now).

My career has been 50/50 split between technology (first half) and business related roles (second half). So, I had a foundation to start from, and the confidence to give it a shot. Unfortunately, my knowledge of programming languages, platforms, and architectures was outdated and so I've learned much from scratch. The learning curve hasn't been impossible to overcome, but it has been very, very time consuming and deeply frustrating.

Entrepreneurship is a team sport, not only for productivity reasons but also for social and psychological reasons. I like to compare this to marathon training. You can train on your own, but it's hell of a lot better to do so with a team. Just cause you can do it on your own doesn't mean YOU SHOULD.

If you have the mind and the money to do it on your own, go for it. Be prepared for the moments where you look down after climbing for several weeks and question the insanity of what it is that you're going after. Picture yourself free climbing, where going up is your only option, and you'll get through it.

Have faith that these challenges, as great as they are, can be overcome. They WILL be overcome.

If you possess these traits, I'd say that you are eligible for solopreneuring: Resilience. Determination. Resourcefulness.

You'll also have to be an endless source of your own motivation.

I would say go the solo route, but recon to hire someone with complimentary skills to help as soon as finances allow.

Why do people always thing you need to be technical to have a start up?!?!? If your idea works feel free to go alone I have and still am. screw the VC's and funding you don't always need it!

As least have a good adviser to keep you honest re: goals, milestones, resources, overall strategy etc.

Close enough to be frank and trusted, but distanced enough from your idea and enthusiasm.

Lots of successful solo lifestyle businesses.

If you can sell, you can do it alone. Your sales can drive the dollars to hire or contract as you need. You can entice others later as the companies grows for smaller % of equity.

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