The Founders' Mental Health Crises
If you run a startup, please consider your state of health even as you work 21 hours to fix market frictions. What is happening in U.S. where founders are going "mental" is terrifying. The world needs you. From TechCrunch...
While national mental health statistics are troubling, they are downright terrifying for entrepreneurs. According to a study by Michael Freeman, entrepreneurs are 50 percent more likely to report having a mental health condition, with some specific conditions being incredibly prevalent amongst founders. Founders are:
- 2X more likely to suffer from depression
- 6X more likely to suffer from ADHD
- 3X more likely to suffer from substance abuse
- 10X more likely to suffer from bi-polar disorder
- 2X more likely to have psychiatric hospitalization
- 2X more likely to have suicidal thoughts
Building companies is not a vacation job. It requires high intensity which has real impacts on the practitioners. Have balance and delegate as you execute that Mission.
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