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Mary-Kate and Ashley Olsen, Venus and Serena Williams, and even Cameron and Tyler Winklevoss have proven that great ventures can emerge from sibling relationships. Unlike the business relationships between parents and children, sibling ventures are much more likely to be a partnership among equals.
While the dynamics may be smooth or rocky (or a little of both), the alchemy of sibling partnerships can sometimes be magic. As a case in point, sustainable lifestyle brand Fair Harbor, a sibling owned business that was started by Caroline and Jake Danehy in 2014 when Caroline was a senior in high school and Jake was a junior studying geography at Colgate University.
The idea for Fair Harbor was somewhat simple – using recycled plastic bottles to create an ultra-soft fabric for…