Entrepreneur Dilemmas: Should You Find A Co-Founder?
An article on Forbes last year noted that out of 28 million small businesses in the United States, 22 million of them are non-employers – these are businesses where the owner is self-employed with no additional payroll or employees. Related: The Entrepreneur’s Checklist: 7 Things You Need To Start A Business As an aspiring entrepreneur, the question of whether or not to find a co-founder seems like a big deal. However, as the statistics reveal, to a major chunk of business owners out there, the absence of a co-founder is really not a deal-breaker. Having said that, there are multiple scenarios where having a co-founder makes sense. Consider web-based product or service companies. Most of these businesses have two clearly distinctive roles – a technology role and a marketing role. The skills necessary to be successful in these roles are vastly different. As a result, it is quite common for businesses in such industries to have multiple co-founders. So, how do you decide if you need a co-founder or not? Here are some questions to consider: