Success Advice
Why Every Successful Business Needs a Co-founder
Partnering with a co-founder might be the best option if you want to plan for long-term business success.

What does it take to start a super-successful business that could one day hit that billion-dollar valuation mark?
A great idea?
An insane work ethic?
The ability to read markets and understand consumer needs and desires?
The answer is all of the above.
But there’s another thing to consider: how many people does it take to start that super-successful business?
In other words, if your long-term vision is to become the CEO of a startup unicorn, can you do it all alone or do you need a helping hand from one or more co-founders?
That’s the big question OnDeck decided to unpack in its latest study on entrepreneurship.
Using data gathered from business leaders and specialist online sources, it breaks down everything you need to know about starting a business with a co-founder or going solo.
The study outlines some of the big data points regarding businesses with co-founders.
For example, did you know that…
- 8 out of 10 billion dollar businesses started in the last 17 years have two or more co-founders.
- Businesses with co-founders grow 3X faster than startups run by a single person.
- Nearly 15% of start-ups with a single owner fail because the founder doesn’t have the skills or knowledge to do everything themselves.
Partnering with a co-founder might be the best option if you want to plan for long-term business success. But that doesn’t mean it’s an easy option.
Ego clashes, equity splits, and power struggles are just a few of the things you need to navigate when working with a co-founder.
That’s why OnDeck added a breakdown of the biggest co-partner challenges, including how to overcome them.
And if you still decide to go alone, then this study has got you covered. The last section is a step-by-step guide on what to expect and how to succeed when running a business as a single founder.
Success Advice
The World Needs More Tough Leaders: Here’s How to Become One
The leaders who stand the test of time aren’t made in calm waters.

In today’s world, leadership is under a microscope. From corporate scandals to political controversies, trust in leaders is at an all-time low. Add in global recessions and economic uncertainty, and it’s no surprise that many question whether leaders are capable of guiding us forward. (more…)
Success Advice
The Most Overlooked Soft Skill In Business
It’s a skill that can be learned, practiced, and refined over time, and it’s one of the most valuable soft skills you can acquire.

Negotiation isn’t just for boardrooms or business deals; it’s a life skill. From asking for a raise to resolving conflicts at home, to reaching agreements with friends, negotiation underpins our ability to communicate, influence, and find solutions. (more…)
Coaching
Why Successful Leaders Are Great Coaches
A good coach helps uncover hidden talents, develop new skills, and align abilities with personal and professional goals.

Can there truly be a coach who doesn’t criticise?
Can there be a critic who doesn’t coach? (more…)
-
Life3 weeks ago
The Subtle Signs You’re Losing Yourself And How to Find Your Way Back
-
Tech Start Ups4 weeks ago
Your Startup’s Greatest Risk May Be A Click, Not A Competitor
-
Change Your Mindset4 weeks ago
How Top CEOs Solve Problems Differently To The Rest
-
Success Advice3 weeks ago
How “I Have a Dream” Became the Most Powerful Speech in History
-
Life3 weeks ago
How Sports Quietly Build Kids’ Emotional Intelligence And Why It Matters for Life
-
Entrepreneurs2 weeks ago
The Hidden Legal Protections Most Entrepreneurs Don’t Know They Have
-
Mentor2 weeks ago
How To Become A Great Mentor In The Digital Age: A Complete Guide
-
Coaching2 weeks ago
Why Successful Leaders Are Great Coaches