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Business

Posted by Unsubscribed User
Unsubscribed User
7,685 Points

Start a business alone or with a group?

If I were to start a business on a great idea, would it be best for me to go alone and build it up from there, or try to form a group to found the company together?

Thanks

4 Answers

Luke Glazebrook
Luke Glazebrook
13,564 Points

Hey Evan!

Something like this is just personal preference. Would you like to make the company on your own and do everything by yourself? Or, would you rather have a helping hand and a team of people working on that idea?

You will also need to take into consideration how big the project is and how long it will take to create as this may influence your decision on whether you try to make it alone or with a team.

In addition to that, do you think you will be able to manage everything yourself? There is a lot to manage such as money, advertising, programming and more.

Have a great day!

-Luke

Nick Johnson
Nick Johnson
11,194 Points
Nick Johnson
Nick Johnson
11,194 Points

It depends, if you are better working alone, do that. If you are better working in a group, then work in a group.

Dan Barrett
Dan Barrett
10,450 Points
Dan Barrett
Dan Barrett
10,450 Points

I agree with Nick, it is all about what you are trying to achieve long term and also how you work best? Write a list of pros and cons out and that will usually determine your outcome. Just out of interested are you fishing for someone to start a project?

Unsubscribed User
Unsubscribed User
7,685 Points

It really is more of a hypothetical question, so I'm not starting anything as of now. But thanks for the help!

Aurelian Spodarec
Aurelian Spodarec
7,369 Points
Aurelian Spodarec
Aurelian Spodarec
7,369 Points

I would also add that if your doing it because you love it and want to start it and manage it, you will get , lets say 100% of the revenue .

As above is said, it depends also what project you are doing , what business.

You can start alone in your bedroom like most people do i guess and then with time , get people in , even if you started it now, we could work on it together , you started it in your bedroom thogh but you are now expanding it.

But consider a bit of trust and well , you don't want anyone to steal your idea or anything like that .

I hope this helps too, most of it is covered above anyways :smiley:

-Aureian