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When you hear "love languages," you might picture personal relationships, but this Valentine's Day, we're taking a look at it from the lenses of communication styles between investors and founders.
Just like in a healthy relationship, knowing how to express appreciation, share time, offer support, and even deliver thoughtful perks can help founders and investors improve their lives.
Dr. Gary Chapman popularized the concept of love languages in his bestselling book, The 5 Love Languages. Chapman identified that each person has a unique way of expressing and receiving love. His five categories include:
Source: What Are The 5 Love Languages? Everything You Need To Know
While physical touch is important in personal relationships, we’ll focus on the first four from the relationship between investors and founders. The idea is simple: when you know the language someone “speaks” in terms of appreciation and support, you can communicate in a way that feels meaningful to them. This builds trust and mutual respect and lays the foundation for a strong relationship.
When applied to the startup ecosystem, they can serve as a roadmap for better communication between founders and investors. Instead of feeling like you’re speaking different languages, you both get to enjoy a partnership that’s tailored to your communication style.
Let’s break down how these love languages translate into the communication dynamics between investors and founders and why they matter for both sides.
Words of affirmation
Quality time
Acts of service
Receiving gifts
Even with the best intentions, misunderstandings can occur when messages are misinterpreted. For instance, what one party sees as constructive criticism might be taken as a personal slight, or investors' need for frequent updates could feel like micromanagement to founders.
Here are some of the common challenges that can arise when founders and investors aren’t on the same page:
1. Different communication frequencies
Example: Investors might prefer regular updates and frequent check-ins, while founders may feel overwhelmed by too many meetings.
Impact: The mismatch can create frustration on both sides, where investors may feel out of the loop, and founders may feel micromanaged.
2. Assuming understanding without clarification
Example: Both founders and investors might assume that the other party understands their expectations without actually discussing them.
Impact: The misalignment can result in a loss of trust and directly impact revenue and company culture if these remain unsolved.
3. Disregarding passion and personal touch
Example: When communication is too focused on metrics and numbers, the personal touch or passion of the founders might get lost.
Impact: This can lead to a transactional relationship in which both parties feel they’re just checking boxes rather than building something meaningful.
4. Vague and ambiguous communication
Example: A founder may send a brief, general update without detailed context, expecting the investor to understand the situation, while the investor craves specific data and clear insights.
Impact: Vague updates can create confusion and misaligned expectations, leading to late actions or missed opportunities.
5. Lack of follow-up in decisions
Example: After a meeting, both parties might assume everyone is on the same page without documenting or confirming the agreed-upon actions.
Impact: Without clear follow-up, there can be misunderstandings or poor execution, which can impact important projects over time.
How founders can improve their relationships with investors:
How investors can improve their relationships with their portfolio companies:
If you are not sure what your main love language is, you can take a free online quiz to help you discover it, understand what it means, and how you can use it to better connect with people around you.
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