• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
Entrepreneurship

Why You Shouldn’t Start a Business Alone

By
YEC
YEC
and
AllBusiness.com
AllBusiness.com
Down Arrow Button Icon
By
YEC
YEC
and
AllBusiness.com
AllBusiness.com
Down Arrow Button Icon
July 17, 2016, 8:00 PM ET
Courtesy of O.C. Tanner Company

This piece originally appeared on AllBusiness.com.

Starting and running a business is a big responsibility—and an even bigger headache. Between finances, employees, and long hours, the responsibilities are usually easier for a two-person team to tackle.

That’s why we asked 12 successful entrepreneurs from the Young Entrepreneur Council the following question:

Q. What’s one benefit of having a co-founder by your side to help run your business?

1. They Take Things Off Your Plate

Rather than having a plate piled high with so many issues that you feel overwhelmed, you can scoop some of those up and put them on your co-founder’s plate, especially when they have the expertise or skill set to get those issues resolved quickly. Splitting up the workload means that projects can get done faster and your company can continue to run smoothly. –Angela Ruth, Due

2. You Have Access to Their Network

As your business begins to grow, you’ll always face new challenges, from hiring the right people to deciding on the best marketing automation software. You’ll need a solid network of experienced professionals to ask for advice so that you can make the best decisions for your company. A co-founder will have additional connections as well as unique expertise to help ease these growing pains. –Nicole Munoz, Start Ranking Now

For more on entrepreneurship, watch this video:

3. They Hold You Accountable

Co-founders hold you accountable. It’s far too easy to put things off, let quality slip, or let your ego get out of check. My co-founder and beloved wife, Megan, never had an issue calling me out for all three. I’m thankful every day for it and our company is stronger for it. –Bryan Bedera, Amplify Relations

4. They Can Let You Take a Break

While you may not want to take a break, it’s necessary to help you recharge. Having a co-founder means that there is someone there who you trust to “watch the store” while you are gone and who you know will keep productivity high. This gives you some time to physically and mentally recharge so that you can also fill in for your co-founder. –Zach Binder, RankLab

5. They Expand Your Horizon

My first business was just “me,” which was really tough! Every piece of advice came from “the outside,” so I listened to a lot of advice that wasn’t right for my company. Now, allied with my business partner (who’s also my husband), I can rely on someone else’s reasoning and opinion to bounce ideas off of. It’s allowed our business to grow in areas that extend far beyond my own personal strengths. –Nathalie Lussier, AmbitionAlly

6. They Support You Along the Journey

Building a business is a surprisingly emotional journey, and entrepreneurs need support along the way. While mentors, coaches, therapists, and peers can be a huge help, nothing compares to having a co-founder that is “in it” with you. –Todd Emaus, Twenty20

7. They Help You Make Tough Calls

I’ve only ever started a company with a partner, and we’re 50/50 in the business. Having an equal partner has been very rewarding because it means we’re always in the same boat. A partnership helps you check your ego and run through different scenarios before making tough calls. As a business leader, it’s incredibly valuable to avoid isolation. –Tony Scherba, Yeti

8. They Help You Bounce Off Ideas

It’s hard to create value in a vacuum. Walls don’t talk back. Being able to bounce, filter, enhance, and exchange ideas with another intellectually engaged party is a huge force multiplier. Idea velocity increases with more human capital. When it comes to having founders, 1 + 1 definitely equals 3. –Eric Mathews, Start Co.

9. They Keep You In Check

If the relationship is the right one—meaning it provides a safe place to express concerns, weaknesses, and doubts—then it can help you make better decisions. A co-founder guarantees you’ll always be kept in check because they can say things to you that your executives and employees won’t, even in a transparent culture. –Simon Berg, Ceros

10. They Give Your Business Two of Everything

When you have a co-founder, you have two of everything: two opinions, two sets of hands, two minds, two sets of time in a day. Co-founders help you accomplish more faster. Just make sure you seek co-founders whose strengths differ from your own. Think of the time and energy that can be saved by bringing in a co-founder who’s an expert in an area you know nothing about. –Laura Land, EMPIRE Cell Phone Accessories

11. They Can Help Scale Your Business

From day one, a co-founder can contribute skills, strategy, execution, ideas, insights, their network, and emotional support. In the early days of a company, while scaling from 0 to 50 employees, or trying to bring in the first few millions in revenue, a founder needs to fill pretty much all the C-level roles. Having a co-founder really helps in sharing the vision and scaling the company to the next level. –Shilpi Sharma, Kvantum Inc.

More from AllBusiness:
• How Your Customers Benefit from You Running a Home-Based Business
• 6 Questions to Ask Yourself Before Starting a Business
• 10 Ways to Improve Your Life by Starting Your Own Business

12. They Unlock Your Potential

Great co-founders push you not only on a professional level but on a personal level. Once you “fall in love” with working together, you will find that you have genuinely become a better person. They transform you in ways that no other mentors or colleagues possibly can, and as a result, unleash your true potential beyond what you could have ever imagined. –Giuseppe Stuto, SmackHigh

About the Authors
By YEC
See full bioRight Arrow Button Icon
By AllBusiness.com
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Girl doing backflip into the ocean.
Travel & LeisureAir Travel
Your ‘flexible hot girl summer’ is going to cost you
By Catherina GioinoMay 21, 2026
25 minutes ago
Mortgage rates today, May 21, 2026
Personal Financemortgages
Mortgage rates today, May 21, 2026
By Glen Luke FlanaganMay 21, 2026
2 hours ago
Current refi mortgage rates report for May 21, 2026
Personal FinanceReal Estate
Current refi mortgage rates report for May 21, 2026
By Glen Luke FlanaganMay 21, 2026
2 hours ago
Current ARM mortgage rates report for May 21, 2026
Personal FinanceReal Estate
Current ARM mortgage rates report for May 21, 2026
By Glen Luke FlanaganMay 21, 2026
2 hours ago
With bond yields surging to 4.7%, T-notes are looking like a better deal than the pricey S&P, says the Research Affiliates’ formula
InvestingFinance
With bond yields surging to 4.7%, T-notes are looking like a better deal than the pricey S&P, says the Research Affiliates’ formula
By Shawn TullyMay 21, 2026
2 hours ago
Sheryl Sandberg tells Gen Z the 10-year career plan is dead as AI wipes out entry-level jobs: ‘Don’t script your career when the future is uncertain’
Successcareer
Sheryl Sandberg tells Gen Z the 10-year career plan is dead as AI wipes out entry-level jobs: ‘Don’t script your career when the future is uncertain’
By Orianna Rosa RoyleMay 21, 2026
2 hours ago

Most Popular

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
1 day ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
18 hours ago
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
Future of Work
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
By Mike Householder and The Associated PressMay 17, 2026
4 days ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
9 days ago
Dr. Bernice King on why companies that walked back DEI were never truly committed: 'If you retreat that quick…that reveals who you really are'
Workplace Culture
Dr. Bernice King on why companies that walked back DEI were never truly committed: 'If you retreat that quick…that reveals who you really are'
By Preston ForeMay 19, 2026
2 days ago
Current price of oil as of May 20, 2026
Personal Finance
Current price of oil as of May 20, 2026
By Joseph HostetlerMay 20, 2026
19 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.