Live/work space

Is sharing a live/work space 24x7 with startup cofounders a good idea? Has anyone had success with this?

Jamie Danielle Owner J Danielle & Co. Domestic Staffing

April 11th, 2013

Watching a CreativeLive recently about building your brand, a guest speaker spoke about living with his cofounders in SF..thought it was an interesting idea. 

Matt Mireles

April 11th, 2013

I've done it. Was amazing 6 months. We really learned who each other was and were insanely productive. Big downside was the lack of outside exposure to customers, users, etc. and the insularity that came from that. In general however, I think it's a great thing to do, especially if you are a first time entrepreneur. --

Anonymous

April 11th, 2013

Disclosure: I do not have direct experience with this.

But I will say that after having lived and worked with my girlfriend/wife whom I love and have an amazing relationship with, I will tell you that I have recently moved my workspace out of the home because it is clear that despite our love, good intentions, easy going personalities and the like; it has become apparent that we just NEED to see a greater variety of people within our days and evenings than mainly ourselves.

Due to this experience, I must say I cannot imagine working AND living with co-founders and having it work for any meaningful period of time. If you are all serious, you;ll be spending a TON of time together. You absolutely must have a personal space you can go to afterwards to decompress. And one where the way your co-founders act, chew food, fight with you or each other, make love, etc. can't affect you anymore.

Really just a crazy idea.  ... BTW is that CreativeLive discussion available for viewing online? I'm interested to hear a story of how it could've worked.

Regards,
Dan

Anonymous

April 11th, 2013

Well, I stand corrected.

Michael Coates

April 12th, 2013

Depends upon the chemistry of the two of you.  That is custom for every pair.

John Arroyo Delivering ecommerce and cloud applications, CEO of Arroyo Labs

April 11th, 2013

I've never tried that, but it sounds like a recipe for disaster.  I guess if your cofounders are all on the same frame of mind and have a fully unified goal...but that's a huge if.  I think age is a factor too, probably a lot easier if everyone is under 30.

Alison Lewis CEO/Creative Director

April 11th, 2013

Yes. I lived like that my first year as a start up. It works very well if there is an agreement of who does what and you can afford a house mother/manager. The point of doing this is to be with those with similar values and to support you and not be bogged down in the daily routine of housework. Meals together, parties, going out all good things. Usually these situations don't last very long as people start to go in different directions, so it works better if there is a group or person dedicated to the business of the house. 

Anonymous

April 11th, 2013

Interesting. Just out of curiosity, how did you find the course (interesting, informative, helpful, worth the money)?

Michael Barnathan

April 11th, 2013

This is how the company now known as Lore, formerly known as CourseKit, started up. They executed well and were just recently acquired, so that's at least one example of it working. That said, I believe that the founders were all college roommates already.

Jamie Danielle Owner J Danielle & Co. Domestic Staffing

April 11th, 2013

Thanks for the feedback..the CreativeLive course was Building your Brand with Gail Porter & the guest speaker was Mike Del Ponte.