Starting alone vs. starting with a team

[nomad]

I started my first business with a team, who were also investors. However, when we encountered loss, all of the investors left me. I did not have to pay back their investments but I had to pay the business debt. I find starting a business with a team too risky

 

[eldavis]

I started my current business alone, though since it's pretty much a small business, there was no need having others startup with me.

 

[Shavkat]

I started my online shop alone. I do not need to work with a team.

 

[Stardom22]

For me l would start a business all alone with the little capital that l have. With time the business would growing gradually as l increase the capital at times.

 

[Shavkat]

For me l would start a business all alone with the little capital that l have. With time the business would growing gradually as l increase the capital at times.

It is also what I have thought. Starting a business will be best for a sole proprietorship. For me, a partnership will make it challenging to operate a particular business.

 

[Etini Willie]

You were very lucky the contract didn't oblige you to payback their investment. I prefer to start alone than with a team.

I started my first business with a team, who were also investors. However, when we encountered loss, all of the investors left me. I did not have to pay back their investments but I had to pay the business debt. I find starting a business with a team too risky

 

[freelancermaria]

When I launch my offline business in the future, I plan to do it solo. I prefer to work independently for now, but maybe I will consider building a team later on.

 

[AmazingJob]

I don't have a business but if I do start a business, I want to start it with a team - maybe because I want teamwork and to gain experience with the other people.

 

[Sanjeev]

I don't have a business so don't know which is risky but it looks if start business individually it is more difficult as you are not skilled in everything which is required to start a business.

 

[cherry123]

I would prefer to start alone sbd know that I'm good at it before bringing in anyone and that's it.

 

[King Belieal]

I think that someone should run their business for a while by himself or herself to be grounded before they can think of getting a business team.

 

[Fidelia]

I started alone and I have been running my business solo up till this point. Small businesses that can't afford a team should start alone.

 

[Unyime]

Starting with a team would ease one into the business and give him some emotional support system than starting alone.

 

[timewo]

For hardworking honest professionals from poorer communities, it is very difficult to find compatible team members since almost everyone exploits them.

 

[Min George]

For hardworking honest professionals from poorer communities, it is very difficult to find compatible team members since almost everyone exploits them.

I would agree with you. It is better to start alone and pay mercenaries later to work for you as your business grows.

 

[Starmix]

That was a crucial situation losing money but debt spent for the capital must not be ignored to pay.

 

[cherry123]

Go for the one that works best for you. but I always prefer team work as it brings diverse ideas

 

[Stardom22]

I think when you start the business as a team it can have a potential to go far.

 

[Miley]

I have done some businesses way back in college and I always started alone and it gives me more control.