I cheated really. My co-founders on CodePen were just friends in real life I already had, and they became friends because we already worked together at two different companies. It was a very natural transition and they needed very little incentive. We've done everything 33 / 33 / 33 since day one.
I'm a pretty even keel guy, so not a lot of highs and lows emotionally for me. But the lowest always seems to come from threat of failure. Even when failure isn't around the corner, when you're running a business, you need to be looking and projecting pretty far out. You can't get to the point where you try to run payroll one day and realize you're out of money, you need to see that coming years away and be steering away from it. That's active planning and decision making you have to do, and it's the least fun kind of planning you can do. What changes do we have to make to not fail in 18 months? Disaster planning. Way way less fun than how can we spend all these piles of money we're making?, which is a position I've never been in.
I cheated really. My co-founders on CodePen were just friends in real life I already had, and they became friends because we already worked together at two different companies. It was a very natural transition and they needed very little incentive. We've done everything 33 / 33 / 33 since day one.
I'm a pretty even keel guy, so not a lot of highs and lows emotionally for me. But the lowest always seems to come from threat of failure. Even when failure isn't around the corner, when you're running a business, you need to be looking and projecting pretty far out. You can't get to the point where you try to run payroll one day and realize you're out of money, you need to see that coming years away and be steering away from it. That's active planning and decision making you have to do, and it's the least fun kind of planning you can do. What changes do we have to make to not fail in 18 months? Disaster planning. Way way less fun than how can we spend all these piles of money we're making?, which is a position I've never been in.
Great advice!