Updated Thoughts on Being a Solo Founder

30 September 2023

I incorporated Loyal in October 2019 as a solo founder and have remained as such for our four (!!) years.

The only growth you can underwrite is your own

really hard to predict

• job changes so much - excellence at once stage =/ excellence at another

Decisions are fast - no where for things to get stuck

In deeptech, much harder to bootstrap it

Your judgement when starting the company is probably bad

A number of VCx

You will need support

You need an individual/team that can run as interim CEO

f you have the personality and the skillset

you can only back your own growth rate

A lot of people wantde me to have a consumer cofounder. If I went to find one when I started Loyal, I definitely would have hired the wrong person

Fast decisions. There is no way we get stuck. While many decisions are made by the team, if we get stuck, I can come in and

Need to understand the downsides for the team

• Team-CEO

  • CoS, EA

Team that can run as interim CEO

It’s harder to take time away

I took my first real vacation in Year 3 of Loyal.