{"id":4600,"date":"2019-03-28T11:30:18","date_gmt":"2019-03-28T10:30:18","guid":{"rendered":"https:\/\/www.startups.ch\/en\/blog\/?p=4600"},"modified":"2019-03-27T15:08:41","modified_gmt":"2019-03-27T14:08:41","slug":"emotional-costs-of-a-start-up-founder","status":"publish","type":"post","link":"https:\/\/blog.startups.ch\/en\/emotional-costs-of-a-start-up-founder\/","title":{"rendered":"Emotional Costs of a Start-Up Founder"},"content":{"rendered":"\n

Launching a\nstart-up is considered hip. Everywhere you can hear and read about companies\nthat have made a breakthrough or have been acquired for enormous sums of money.\nLittle is said about failures and their backgrounds. And when you hear someone\ntalking about the cost of a start-up, it is usually personal, capital,\nacquisition or opportunities costs that are meant. What goes forgotten is the\nhighest cost of building up a start-up: emotional costs.<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

In a founder\u2019s life, there are many aspects that involve emotional costs. One of them is being alone. Who once worked for a company is used to dealing with colleagues. You eat together, or even make jokes about the boss. Now you yourself are a boss. And especially at the beginning of a venture, when there is no one else working for your start-up, you are very often alone. Coming home to your beloved ones may help here. However, they often do not understand what a founder is going through. It may happen that some relationship exact their toll. What helps many young entrepreneurs here is exchange with other founders who are going through the same thing.<\/p>\n\n\n\n

The time\nyou spend waiting should not be underestimated either. At first, everything is\ngoing on quickly and without a hitch. First successes are very motivational. However,\nmost start-ups eventually come to the point where time seems to have stopped. The\ngrowth is slow, or even comes to a complete standstill. Customer acquisition is\ngoing sluggish and sales do not happen. Weeks turn into months, and months turn\ninto years. Of course, everyone hopes that your start-up finally goes off, that\nis to say: as soon as possible. Not always do things go by far that fast,\nhowever, as success stories suggest it. You have to realise that, in some\ncircumstances, you may need a lot of time to build your venture up.<\/p>\n\n\n\n

The phase\nwhen your growth abates often has financial consequences too. Many start-up\nfounders get worn out by financial uncertainty. Whereas high-riding start-ups\nkeep scooping up millions, you are practically stuck with your business. Your bank\naccount is shrinking from day to day, and the motto \u2018We invest in future\u2019 turns\ninto \u2018How am I going to pay for my food soon?\u2019. To make their companies survive\nand thrive, many start-up founders cut back on their personal needs such as\nholidays or a large car. They live their normal lives to finance their\nstart-ups. <\/p>\n\n\n\n

Building up\na company costs enormous amounts of time, therefore start-up founders and\nemployees sacrifice most of their time for the sake of work. It is not unlikely\nthat you have to toil 80 hours a week during this phase. This also obviously\naffects relations with your partners at home. At first the support is usually\nbig. At some point, however, the relationship is worn out by your constant\nphysical and mental absence. Founders have to realise it and explain to their\npartners that they would have less time for the relationship. Or they accept\nthat their relationship is going to suffer from that.<\/p>\n\n\n\n

All these\ncosts represent the emotional price of launching a start-up, which is usually\nforgotten. They are what bothers founders, but they remain invisible. And the\nfounders of successful start-ups manage to have also such emotional costs well\nunder control. It is important and necessary for soon-to-be founders to set\nrealistic expectations for themselves and know what awaits them. And they have\nto have the perseverance to get through these phases. For Rome was not built in\na day either.<\/p>\n\n\n\n

Do you have any innovative business idea you would like to make come true? Use STARTUPS.CH experts to become self-employed.<\/p>\n\n\n\n\u00bb Startups Scene<\/a>\u00bb Found online<\/a>\n","protected":false},"excerpt":{"rendered":"

Launching a start-up is considered hip. Everywhere you can hear and read about companies that have made a breakthrough or have been acquired for enormous sums of money. Little is said about failures and their backgrounds. And when you hear someone talking about the cost of a start-up, it is usually personal, capital, acquisition or […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"Emotional Costs of a Start-Up Founder #emotionalcosts #startupfounder #startupsch","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[10,9,381,12],"tags":[],"jetpack_publicize_connections":[],"aioseo_notices":[],"views":1307,"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p54Pb1-1cc","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/4600"}],"collection":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/comments?post=4600"}],"version-history":[{"count":1,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/4600\/revisions"}],"predecessor-version":[{"id":4602,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/4600\/revisions\/4602"}],"wp:attachment":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/media?parent=4600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/categories?post=4600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/tags?post=4600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}