Options like solo founder, cofounders, and investors must be weighed from "summary" of The Founder's Dilemmas by Noam Wasserman
When deciding on the structure of their founding team, entrepreneurs must carefully consider several options. One option is to go it alone as a solo founder. This choice offers complete control over decision-making and can prevent conflict among founders. However, solo founders face significant challenges, including a heavy workload and a lack of diverse skills and perspectives. This can hinder the company's growth and success in the long run. Another option is to bring on cofounders to share the responsibilities and workload of building a company. Having cofounders can provide complementary skills and expertise, as well as emotional support during tough times. However, working wit...
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