Why is it always better to start as a team?

Discover the benefits of entrepreneurship as a team: complementary profiles and skills, knowledge and diverse experience in the sector, contacts and support... the 2017 Guide for Those Who Help Me to Start an Entrepreneur reinforces us with figures because it is always better to undertake as a team than to undertake alone.

  • In Spain, 61% of companies without employees do not live up to 5 years.
  • 40.5% of Spanish employment is concentrated in microenterprises with less than 10 workers.
  • When it comes to starting as a team, you should seek to complement your skills with other profiles.

In case the mere act of going it alone doesn't seem hard enough to you, The 2017 Guide to Who Helps Me Start an Entrepreneur elaborated by the medium Entrepreneurs It reinforces us with figures because it is always better to undertake as a team than to undertake alone.The Entrepreneur's Guide dedicates an article to Survival rate of companies in Spain, which includes a figure from the BBVA Foundation's Growth and Competitiveness Report, which reports that 61% of Spanish companies without employees do not live up to 5 years.In this regard, in In Spain, 40.5% of employment is concentrated in microenterprises with less than 10 workers. These companies survive less than those with a larger number of employees, which achieve a 20-point higher survival rate. “When the human capital of entrepreneurs is greater, the activities carried out are more productive and, therefore, projects are more likely to continue and grow”, concludes the BBVA Foundation Report. It is clear that The problem stems from the fact that most Spanish companies are created with few capital and human resources, this scarcity makes it much more difficult for them to reach sizes that allow them to take advantage of economies of scale and be more productive. Overall, the report also shows that Spain continues to need a modernization of its productive structure, which involves an intensive use of knowledge and innovation assets, profoundly renewing the institutions that support companies.

The importance of the entrepreneurial team

Based on the experience of Intelectium, with a journey of more than 7 years in the entrepreneurial ecosystem, To start a startup with a chance of being successful, you need a multidisciplinary team made up of at least three people with different profiles. The ideal driving team should include at least one technical profile, a specialist profile in the product or industry sector in which the company operates, and a digital marketing profile with computer skills. In addition, also It is essential that the entrepreneurial team is dedicated full-time to the project. Therefore, we could say that dedication becomes another of the key factors that characterizes successful startups and provides companies with greater chances of survival. Source: Guide 2017 Who helps me to start a business