3 relays is the goldilocks number for speed vs privacy. Using less is not a tradeoff the usual user of Tor should make.
2 = risk of collusion between relays
3 = goldilocks default
4 = ... actually, you have more attack surface and you are more susceptible to fingerprinting because everybody else is using 3, so you're timings etc help identify you
So the default is 3 and nobody ought change it! Use 3 like everybody else.
The exception is .onion sites. TOR actually deliberately defaults to 6 hops when accessing .oninon sites - 3 to protect you and 3 to project the site.
Tor is slow because traffic is routed through multiple layers. The design priority is anonymity, not speed.
There are some trade-offs!
Changing that setting to 1 gives you weaker anonymity guarantees. Using multiple guards spreads your traffic across different IP addresses, making it harder for an adversary who controls a subset of the network to correlate your activity.
Reducing to a single guard concentrates all traffic through one point, increasing the chance that a hostile relay could observe a larger fraction of your streams...
Also, using this kind of software without understanding how its works even just a little doesn't protect much of your privacy.
But I wouldn't recommend it of course.
If you're starting a brand new VPN company with ironclad ideals about privacy - are you going to be able to compete with state-run enterprises that can subsidize their own competing "businesses", on top of whatever coercive authority they possess to intervene in local small businesses?