One of the dilemmas that many of the entrepreneurs face while setting up a Start up is whether or not to go for a one man company for Start ups. It should be kept in mind that the answer to this question is relative and depends on many factors, some of which are discussed in the slides that are presented over here. Keeping these in mind before taking the decision would be of help to the entrepreneur.

1. One Man Company for
Startups

2. ‘Should I be starting a venture of my own or
should I be on the lookout for partners?’

3. Kind of Startup
If it is a technical startup we’re talking about
where there is relatively little amount of work in
the other aspects of business and which could
either be easily learnt or outsourced, one man
company is a viable option.
However it needs to be kept in mind that most
Investors usually prefer funding startups that
have more than one founders.

4. Team Guy or not?
Introspection needs to be done on whether you
would work better in a team or when you are
alone.
Though statistics reveal that some of the most
successful startups have had multiple
founders, there are also a fair number of
startups with single founders that have
achieved success.

5. The Legal Aspects
• The concept of One Man
Company is proposed to be
introduced in the New
Companies Bill 2012/13.
• One man company means one
person acting as a shareholder
and director/promoter who can
create a separate legal entity and
give life to a corporate.

6. Open to Failures

7. Expand Your Network
• Since you’d be working from home
most of the time, you should be
building up your network and interact
with people of your like and share
your views.
• That way you’ll get to meet people
whose wavelength of thinking
matches yours and who knows you
might be working with on your next
project.

8. A story focusing on the above
mentioned points can be had at:
http://www.utthishta.com/blog

9. Contact Us
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