Going Solo or Part of a group?
Hi, I am looking for advice on whether it is better to go Solo or as a group when doing a search. My Pros and cons are these, but i am still struggling to find an "on balance" answer: Pros: 1. There is more credibility with a group than an individual 2. The financial risk is lower as the investment is spread over more people 3. There are more POV's that help in the better evaluation of a project 4. There are more skills available to tap on to manage the business 5. Work can be divided and conquered Cons: 1. The pace slows down due to coordination issues 2. There is less risk-taking and entrepreneurship 3. The earnings are divided over a larger group 4. There will be free riders 5. Decision-making is harder to achieve with diverse opinions Your thoughts are welcome.