Seems like the dataset behind this article is for founders who have built businesses with $5K MRR and above. $60K revenue (and $20K profit @ 33% margin) is a fairly low bar, so it is not surprising to see solo founders create 2.5X more businesses that clear this bar.
My question after reading this article is, do these solo founders manage to grow their business as large as founding-teams? How many solo founder businesses cross the $50M revenue mark?
My question after reading this article is, do these solo founders manage to grow their business as large as founding-teams? How many solo founder businesses cross the $50M revenue mark?