Yes. Without a doubt.
You ALWAYS start alone.
And in these days of virtual companies, you can get lots of help as a solopreneur and get very far in your quest for product-market fit, validation, even traction.
You can even Bootstrap with a Paycheck.
Can a Solopreneur Raise Funding?
You don’t need a full executive team for seed funding.
However, solo entrepreneurs typically have difficulty in raising seed funding.
Investors prefer at least one co-founder.
If you are a solo founder bootstrapping, you should put all your energy into getting to product-market fit, and getting to paying customers. Not on trying to artificially fill a co-founder position.
The way to mitigate this is by bootstrapping your startup to traction, where you have paying customers and a clear path to high velocity customer acquisition as a solo founder. If those metrics are in place, you can raise money without a co-founder.
You can review our Investor Introduction policy if you’re looking for help with funding.
Solo Founder Case Studies:
Solo Founder, Bootstrapping to $7 Million in India: Wingify CEO Paras Chopra
Doing $5 Million A Year With Three Employees: FineArtAmerica CEO Sean Broihier
Want to discuss your situation? Come to the Free Public Roundtables. We have them weekly.
Photo by Samrat Khadka on Unsplash