How to Work Together

Presentation, Transcript and Webinar, Kevin Hale, Partner @ Y Combinator

How to work together

How to Work Together - Page 2
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      Why do startups fail?

      Run out of money. Founders stop working.

      Run out of money. Founders stop working together.

      Founders need to optimize a relationship that can last for 10 years.

      John Gottman

      15 Minutes = 85% 1 Hour = 94%

      Everyone fights.

      Money Fundraising / Runway Kids Customers / Employees Sex Performance Time Roadmap Jealousy Competition In-Laws Partnerships

      The Four Horsemen Criticism Contempt Defensiveness Stonewalling

      Criticism

      Contempt

      Defensiveness

      Stonewalling

      How to Work Together - Page 16
      How to Work Together - Page 17

      Make a plan before you fight.

      Divide and Conquer

      Money Adora Kids Kevin Sex Adora Time Kevin Jealousy No one. In-Laws Adora

      Money CFO Kids Support / HR Sex CTO / COO / Sales Time CEO / CPO Jealousy CEO In-Laws Biz Dev / CEO

      Once you decide ownership. Determine success and failure.

      Money Successful fundraise Kids High employee retention Sex 20% YoY sales growth Time Shipping on time weekly Jealousy We’re rated top 3! In-Laws Referral program working

      Money 3 months runway or less Kids Low NPS score Sex Website loading 10 sec+ Time New features not used Jealousy Churn too high In-Laws Failed partnership

      Usually, CEO has final say. Board has real final say.

      Know Thyself

      What is your 
 attachment style?

      Secure • • Anxious • Avoidant

      What is your cofounder’s
 attachment style?

      youtube.com/watch?v=2s9ACDMcpjA

      Document a process

      While you’re emotionally sober, create a process for dealing with disagreements.

      https://matterapp.com/blog/decision-disagreement-framework-how-we-encourage-disagreements-at-matter/

      There are lots of ways. You just all have to agree ahead of time.

      Use Non Violent Communication

      “When [observation], I feel [emotion] because I’m needing some [universal needs]. Would you be able to [request]?”

      Observation vs Evaluation

      Emotions vs Thoughts

      https://www.slideshare.net/nonviolent/evaluative-words-list-nonviolent-communication

      Universal Needs

      Example Universal Needs • Autonomy • Respect • Collaboration • Reassurance • Consistency • Security • Clarity • Support • Integrity • Understanding • Recognition

      Requests vs Demands

      Make it specific • • Say what you want • Stay curious

      https://medium.com/s/please-advise/the-essential-guide-to-difficult-conversations-41f736e63ccf

      Pay down your emotional debt.

      Pay this down everyday.

      Practice Having Level 3 Conversations

      Goals • What are our short term goals for the company? • Are we using the right metrics? • Are we hiring our goals?

      Roles • Is it clear who is responsible for what? • Do we agree that the current division makes the most sense?

      Performance • Is our workload distributed in an optimal manner today? • Do we all feel a high level of dedication and motivation? • What mechanisms are in place for providing feedback to each other?

      How to Work Together • Everyone fights, so make a plan. • Figure out roles, goals and a process 
 before emotions get involved. • Start having hard conversations now. • Use non violent communication to share
 honest feedback without • Pay down emotional debt regularly.

      Kevin Hale Y Combinator @ilikevests