Followup to: Four Reasons to Keep Your Founding Team Small (and Two Reasons Not To)
The risks of keeping your founding team small tend to revolve around the usual resource issues, such as:
- Not enough people to ship a quality product before the market window closes
- Lack of sufficiently diverse skill set
- Lack of sufficient contacts
- Group conflicts
- Social loafing
- Coordination difficulties
- Slower decision-making processes
- If, like most startups, you lack a good strategy for dealing with the problems of large founding teams, then tilt towards keeping your founding team small.
- But, if you can properly identify and solve the problems of scaling up to a larger team, I will happily fly in the face of conventional wisdom and make the bold claim that, if you have the talent available, you should aim for a team of six founders.
- Longer working hours
- More time spent on coordination activities
- Autocratic leadership
- Greater transparency
- Increased turnover rate of initial founders