信息图:你真实的ly Need A Co-Founder?Here's how to find out whether on-boarding a co-founder is in the best interests of your startup or not.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock

Should you start a business with a co-founder? Or is going solo the right decision for the long run? To answer this age-long dilemma that has often plagued the minds of entrepreneurs, the team atOnDeck, a US-based online financial lending platform for small businesses, conducted a nation-wide research in June 2022.

Among the many themes the report delved into, the main topic of contention revolved around the perceived advantages of having a co-founder, and whether they held out in the long run. The team surveyed seasoned entrepreneurs, business owners and academics to create a series of infographics and flowcharts that help entrepreneurs decide on whether on-boarding a co-founder is in the best interests of their venture or not.

The following infographic is a culmination of four separate flowcharts that deconstruct the following topics: the challenges of going solo, the data behind co-founding partnerships, the analysis of whether a co-founder is truly needed, and the pros and cons of having a co-founder. For more information on how the research was conducted, and other information, please clickhere.

Source: OnDeck

Related:An Investor's Viewpoint: Here's What Entrepreneurs Should Look Out For In 2023

Wavy Line

Related Topics

Business Models

Tap Into Boundless Success Potential With These Remote Business Ideas

Are you tired of getting up in the morning, getting in your cold car, and driving to work? Then don't. Check out these remote business ideas.

Starting a Business

10 Common Obstacles to Avoid When Starting a Business

Starting a new business can be an exciting and rewarding venture, but it also comes with its fair share of challenges. Here are some common obstacles to avoid when starting a new business.

Business Ideas

The Top 10 Home Business Ideas for 2023

Can't figure out which enterprise you should launch in 2023? Check out 10 stellar home business ideas to get inspiration.

Business News

'Truly Unprecedented': If You Are Hoping to Score a Lionel Messi Soccer Jersey, You Are Going to Wait a Very Long Time

The soccer superstar's authentic Inter Miami jersey is sold out through October.

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.

Management

12 Good Reasons to Explain Why You Left a Job During an Interview

Not sure what to say when asked why you left your last job? Check out these reasons so that you have a great answer on your next interview.