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I attribute some of my own startup’s success to the attitude of my cofounders and I to live a sensible schedule which gave time for loved ones and friends. Thi

I attribute some of my own startup’s success to the attitude of my cofounders and I to live a sensible schedule which gave time for loved ones and friends. This was helped by two of my cofounders having a spouse, and one cofounder having children. Priorities and behavior are different for a single person than someone in a relationship. Being in a relationship or having kids is not the only route to having that sensibility in life. I was single even when my cofounders were not, yet I had a pretty sensible life, in spite of dating and trying to find a partner for life while also starting to build a company. I think the influence of my other cofounders, who had dreams and aspirations outside of just the company, was a strong tempering force to me or anyone else in the company getting an unhealthy tunnel vision.

justinjlynn 9y ago
This certainly exposes a moral hazard for their investors who have an incentive to maximise output for as long as an exit takes. After that, I doubt they care that much aside from having a "successful serial entrepreneur" with a reputation to further exploit.
- sambe 9y ago
  They have an incentive to maximise the expected value of an exit. The parents are suggesting that maximising output reduces probability of an any exit, I believe.
randomsearch 9y ago
Please could you expand on what sort of balance you chose? I’m very interested to hear what worked for you.
- karmelapple 9y ago
  A few goals we've kept clear: * Trying to ensure all of our employees have a 40 hour week (or as close to it as possible). * Making sure the cofounders have time - whether we're single or not - to spend time with friends and loved ones. That probably translates to simply not guilting each other into working too much - it's okay (and encouraged) to take a good weekend. And that's generally been the reality, too. Are there other balance-related questions you have, or does that kind of answer it?

justinjlynn 9y ago

This certainly exposes a moral hazard for their investors who have an incentive to maximise output for as long as an exit takes. After that, I doubt they care that much aside from having a "successful serial entrepreneur" with a reputation to further exploit.

sambe 9y ago
They have an incentive to maximise the expected value of an exit. The parents are suggesting that maximising output reduces probability of an any exit, I believe.

randomsearch 9y ago

Please could you expand on what sort of balance you chose? I’m very interested to hear what worked for you.

karmelapple 9y ago
A few goals we've kept clear: * Trying to ensure all of our employees have a 40 hour week (or as close to it as possible). * Making sure the cofounders have time - whether we're single or not - to spend time with friends and loved ones. That probably translates to simply not guilting each other into working too much - it's okay (and encouraged) to take a good weekend. And that's generally been the reality, too. Are there other balance-related questions you have, or does that kind of answer it?