Why Co-Founder Therapy Is the Secret Weapon Behind Successful Startups
Let’s face it. Startups are intimate. And not just in the "we work in a 500 sq ft office, and share bad coffee" kind of way. Founding a company with someone is emotional, full stop.
It's a deep partnership built on trust, vision, vulnerability, and a whole lot of late-night existential crises, soylent, and authentic communication. I see you and I feel you.
Breathe.
Call it what you want, but the co-founder relationship in business is literally a marriage. You’re navigating conflict, raising a “baby” AKA your startup, and trying to stay aligned on values, vision, and money (cha-ching!). And just like marriages, co-founder relationships don’t just fall apart over one event, they erode slowly over time due to the emotional bottlenecks, resentment buildups ups and lack of open communication to clear the air.
70% of startups fail within 20 months post-funding, often because of internal team issues (source) and 65% of startups fail because of co-founder conflict, according to Harvard Business School researcher Noam Wasserman (source).
Reflecting on this stat, it is wild that the success of your company doesn't depend on the market timing, the product-market fit, or even venture funding as much as it deeply depends on the dynamic and relationship between the founding team and its co-founders.
This is where co-founder therapy steps in, not just as a nice-to-have check box, but a must-have feature on your product roadmap as you continue to invest and build your company.
The Benefits of Co-Founder Therapy and Coaching:
Improve communication and conflict resolution
Align on shared goals and vision
Navigate power dynamics without letting ego lead
Create emotional and psychological safety for real conversations
Build resilience to weather the inevitable storms
Avoid burnout
Optimize your team’s performance and culture
Founders Who Have Embraced Co-Founder Therapy and Coaching
Taking a sneak peek at the past, most successful founders and entrepreneurs have all understood the importance of the co-founder relationship and dynamic, and thus, have invested heavily in co-founder therapy or co-founder coaching. Some of our favorite entrepreneurs who took this brave-hearted plunge include:
Evan Williams & Biz Stone (Twitter)
Evan Williams and Biz Stone, the co-founders of Twitter, have openly discussed the emotional challenges of building a company. They have acknowledged the importance of therapy and coaching in maintaining their partnership and ensuring the company's success. By taking a proactive approach to addressing their interpersonal dynamic, these two innovative co-founders were able to ride the tidal wave and better navigate the pressures of rapid growth, decision-making alignment, and harmony in the workplace.
Ben Horowitz (Andreessen Horowitz)
Ben Horowitz, co-founder of the venture capital firm Andreessen Horowitz, also known as the godfather of modern VC, has emphasized the psychological challenges of being a CEO. "By far the most difficult skill I learned as a CEO was the ability to manage my own psychology."- Ben Horowitz, The Hard Thing About Hard Things
Ben talks a lot about how the "Struggle" is a silent battle that most founders go through. Feeling isolated, scared, and under constant pressure to show strength even when everything feels like it's falling apart inside. Ben says that the hardest problems in startups aren’t technical, they’re emotional. And while Horowitz doesn’t explicitly mention co-founder therapy, his emphasis on psychological resilience and seeking emotional support highlights the importance of addressing interpersonal dynamics in leadership for operational growth.
Kayleigh Christina & Danielle Gronich (CLEARSTEM Skincare)
Founders of CLEARSTEM, Kayleigh Christina and Danielle Gronich, turned to co-founder therapy to enhance their working relationship. They found that therapy sessions helped them improve communication, align their visions, and address conflicts proactively, contributing to their company's success.
As someone who has worked with the founder psyche for over 9 years since the launch of my blog, Radiche, I have witnessed many startups selling too early or dissolving their entity all because of co-founder conflicts. And by the time the relationship got ruptured, it was too late to engage in co-founder therapy as one partner had already checked out.
When the relationship cracks, the business cracks
At the end of the day, startups aren’t just built on ideas. They are scaled on relationships. If you are serious about surviving pivots, competitor attacks, investor board meetings and creating a unified leadership team then you better be just as serious about investing in your co-founder relationship as much as you are about getting that capital to hit the bank. Or, In this case, you want to feed that emotional bank because the greatest product you’ll ever build might just be the partnership that makes all of the magic in the world possible.
TLDR:
Co-founder therapy isn't just about preventing a breakup. It's about building the strongest possible foundation to scale your vision.
Curious what co-founder therapy could look like for your team?
Start with a discovery session. Future you (and your cap table) will thank you.
Written by Alysha Malik.