Startup Advice For Intending Entrepreneurs: Never Go It Alone

Google Founders: Larry Page and Sergey Brin
Google Founders: Larry Page and Sergey Brin. CREDIT: CNBC.COM
Google Founders: Larry Page and Sergey Brin. CREDIT: CNBC.COM

By Abdulwasi’i Ilyas


Why You Shouldn’t Go It Alone

The ultimate goal in life is to succeed. To think yourself as having the potentials to succeed and therefore wanting to appropriate the credit and recognition when you eventually hit the mark is greed and avarice.

Greed is a weakness and one of the biggest impediment to success.

Being a single founder is a mistake that is likely to cause you to fail. Every successful startup is the outcome of great teams working coherently and in harmony.

As a single founder you will be up against a formidable and disciplined, well-bonded competition. Your chances of ever beating them are slim to non-existent.

Even the largest corporations are a product of team work. Bill Gates and Paul Allen of Microsoft and Larry Page and Sergey Brin of Google and the five founders of Facebook along with Mark Zuckerberg are a few instances.

So why do you think you’re capable of going it alone.

Collaborate Rather Than Compete

Competition is the result of a scarcity mindset. The economist have done a great job in fanning the embers of that disposition. They hype the concept that resources are scarce and therefore the need for individuals and groups to try to edge out one another in a bid to lay their hands on their piece of the pie.

I am not an economist and do not intend to dispute their claims. My preoccupation here tends towards the opposite of competition, that is collaboration.

The most contributing factors to the successes of self-made individuals have their roots in the individuals focusing on harnessing what nature endowed in abundance than on desperation about the scarcity side of the natural order.

Let’s allow those Nobel-prize winning pundits catch their fun and put scarcity behind us. This is so that we can celebrate the abundance of knowledge and ideas and forge alliances that will enable us make optimum use of the cards of abundance we are dealt.

So that we can collaborate and seek to mitigate our weaknesses with the strengths of others.

Exploit The Advantages Of The Compounding Power Of A Team

A single individual has no power to achieve success alone. He will be greatly undermined by the weaknesses that are inherent in his nature.

To succeed, he must forge amicable and harmonious alliances. An alliance that will create a mind that is greater than the summation of the minds of the founding parties.

One single weakness of yours or a permutation of your weaknesses can be the underlying reason success persistently eludes you.

Wisdoms entails that you seek out a partner or partners who supplements such weaknesses and form with them a team.

Business is like a group sports. A dream team is the winning team.

Features of a Winning Team

One reason startups failed is conflicts and rifts ensuing among the founders.

From the many causes of founder rivalry is the lack of harmony in the operations of the minds of the founders.

A winning team consist of founders who share similar passions, ideals and values.

A difference of opinion is not an excuse for disagreement. Conflicts ensuing therefrom are better managed than left to escalate into tearing the union apart.

Scour around for partners to add to your team. If you are an unmarried entrepreneur, the best thing you can do for yourself, business and future is to seek out a romantic partner not for anything else, but that you share a passion for your startup idea or something similar.

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What other benefits or components do you think should form the features of a winning team? Please share with us in the comment box.

 

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