Dec 12, 2012 Entrepreneurship
The Pros Of Going Solo
I’ve never been an activist of anything. But after discovering and confirming my passion for startups, entrepreneurship and venture capital, I do have crystal clear opinions about a lot of things in these areas. I want to defend the idea of going solo.
My latest opinion is regarding about starting a company by oneself. I believe the market, investors, bloggers and specialists are overrating the benefits of founding teams with more than one person.
I understand and even agree the benefits of working as a team. But this does not mean that by going solo we would get the worst in the world. On the contrary, going solo also has its own benefits as I will humbly show them to you (if your business or strategy allows and you have the appropriate capabilities):
1. The fastest decision making process of all. I think and it comes the decision.
2. Fast product development: if you are developing an app of small to medium complexity that can be programmed by one person, it isdefinitelyfaster to create by oneself. In my case, I just think about it, create the HTML and program the back-end in less than 3 weeks.
3. I don’t get stressed to have to argue about the color of the logotype with investors or other partners. I just launch the app and listen to users feedback directly. I don’t even have to spend time to convince an engineer to change a feature. I just go change my code, then > git add . / git commit -m “I changed this blah blah.” / git push / cap deploy. Voilá, my app is changed at my will.
4. It’s cheap to go solo. To develop a medium-high complexity app can cost 15K in India, 20K in Israel, 60K in Canada and over 100K in the US. In my case, I studied Ruby and Ruby on Rails for a month by myself and I developed http://postcards2.com in two weeks with integration to Twitter, Google Omniauth, Facebook Connect, Github Account, and PayPal X Adaptive Systems. How much did it cost me? Food, rent, Linode web hosting, utilities,coffee, domain name registration and internet connection. That’s less than $ 1K.
5. You have freedom. Freedom to try daring and crazy ideas until you end with zero in your saving account. No one to hold you back. That’s priceless.
In my case, I want to develop risky and daring products which may be a bunch of fluke products. I would have to fight too much to get any of my crazy ideas to the world. That’s why I decided to go solo. I want to try, test, make mistakes and learn.
327 impressions on this page.
Rebel with a cause
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