Emotions are powerful.
Strong ones can be frightening when experienced up close and personal, and in the business world, they can be extremely revealing about the team and its persistence in the face of adversity and looming darkness.
We all know about fear. But how is that mitigated by friendship? A quarter of tech entrepreneurial ventures fail after one year, and more than half fail before five years. You might do better working for the post office — and they are going to run out of funding, just like your startup.
I am about to embark, once more into the abyss, on a new company. It will not change the world, and it won’t be a unicorn, but it might make a few lives better. It is focused on one of my favorite personal passions, the prison industrial complex, and the challenge of anti-recidivism; in other words, keeping my favorite felons from returning to prison.
Personally, in the past, I have occasionally let friendship get in the way of the hard conversation, of knowing that I need to quit the relationship, to slam the door and cut my losses. But like most of us, I wait too long or I concoct a hopeful fantasy that it will all work out. After all, tomorrow is another day.
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