While launching is an startup achievement by itself, keeping it afloat is a different story altogether. Many things can go wrong in the course of running a startup. Even if your products and services are a hit, other factors can still cause your company to fail.
There are many sacrifices that founders make when creating and building startups. Some are obvious, like time and money, but others are more difficult to see before they actually happen. Chief among these founder sacrifices - relationships. The time and energy invested in startups can eat away at personal relationships in an insidious way. Founders need to do what they can to try and maintain their important relationships and try to balance them with the effort required to make the startup successful.
When advising new founding teams, entertaining an investment in new startups, and even talking with entrepreneurs about our book, The Startup Playbook, the concept of achieving work-life balance comes up frequently. Almost always, what the founders mean by balance is
I’ve spent a considerable amount of time playing angel investor over the years which has given me the chance to meet many great entrepreneurs. In general, when an entrepreneur contacts me, he/she is looking for money, advice or both. Generally