Do you have what it takes to be a Solo Founder?

Here’s a Checklist, by a Solo Founder.

Photo by Austin Distel on Unsplash

Lack of resources:

Time:

The right skills:

Ability to delegate:

Ability/willingness to spend money wisely:

What are the challenges?

You’re the only person in your startup who has any idea about what’s going on — you’re the only one who knows how to do anything!

You don’t have anyone else around who knows what they’re doing, so you will have to learn how to manage people effectively as well as get your product or service developed.

You won’t have anyone else around who knows anything about your product or service either

However, before making any final decisions, make sure that you read these tips for Solo Founders

1. Make sure you’re passionate about your product or service

2. Don’t think of yourself as a Solo Founder — think of yourself as a businessperson who happens to be working alone

3. If your startup involves new technology, make sure that someone has tested it for you first

4. Be prepared for some people not being willing/able to accept your idea

5. Don’t forget about time management — there’s no one else around to help you manage it

6. Learn how to delegate responsibility — but don’t over-delegate

7. Don’t expect everyone else around you to be as passionate about your product or service as you are

Founder of Cudy Technologies (www.cudy.co), a full-stack EdTech startup helping teachers and students teach and learn better. I am also a mentor and investor.