Typical One-Person Company
In a one-person company, the owner-operator does everything, from the business tasks to the development tasks. To succeed, this person must either be technically savvy with business skills or a businessperson who contracts out technical development. Some people can successfully sustain this type of company for a while, but most find that wearing two hats is very difficult and requires too many skills.
Some technical people run successful one-person, one-product companies with no interest in expansion. This structure can work acceptably well for a niche product that has very limited growth potential. But if the product has significant potential, other companies will eventually move into the market, and competition can ...
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