As a solo founder, I started off by breaking one of the cardinal VC rules that says you can’t build a successful startup on your own. Never mind the research that says solo-founded companies are twice as likely to become profitable as companies with multiple founders. No, what this rule really means is that VC firms will not fund startups with just one founder.
This is because VCs don’t just care about if you can get things done. Seeing multiple co-founders shows a VC that this person can sell their vision to other people and it gives the VC insurance in case one of the founders burns out.
5
27 reads
CURATED FROM
The Startup Rules You Should Break If You Don’t Have VC Investors
entrepreneurshandbook.co
10 ideas
·338 reads
IDEAS CURATED BY
🙋🏻♀️ owner, bayareafirstaid.mykajabi.com 🐈⬛ catmomma 💤 probably sleeping 🏆 (participation) trophy wife ☕️ in lieu of awkward conversations ⬇️
The idea is part of this collection:
Learn more about startup with this collection
How to start a successful business
How to build a strong team
How to market your business
Related collections
Similar ideas to You don’t need a team
One of the main things that VCs are looking for is a huge target market, usually at least $1 billion, that you can address through your startup. The reason for this is simple: VCs invest in multiple startups with the understanding that some of them will fail, some of them will not grow very much,...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates