They say that the future of a startup largely hinges on the harmony between the founders. So if your co-founder also happens to be your childhood best friend, you’ve basically booked your ticket to unicorndom.
They’re loyal, they’re trustworthy, they’re the Robin to your Batman, and they know everything there is to know about business – lucky for you, because you’re just a tech geek with a dream. What could possibly go wrong? The thing is, research shows that around 65% of startups fail because of a falling-out between the co-founders, and the fact that you guys used to run around in bathing shorts together and spray the neighbor’s daughter with a garden hose when you were six doesn’t mean that your relationship is immune to conflict. On the contrary: if you’re shacking up with a close friend in an office environment, you need to pay special attention to keeping your relationship intact. And avoiding conflict because you think that whatever crap piles up between the two of you, you’ll always remain the closest of friends anyway, is the worst thing you can do for your startup as well as your friendship. Don’t be afraid to have a conversation, don’t take your bond for granted, and ask for professional help – executive coaching – if needed.