Re:Your #1 Job As CEO
by brianl on Tuesday March 29, 2011 @07:48PM
(#2385056)
I believe that the #1 job as a CEO is to own the goals (the reasons for existence) of the company, doing whatever it takes to achieve the goals.
If that requires raising money or hiring/firing, those get prioritized high. Some startups don't require funding (just read a great post about GitHub), and others can be better staffed by a team of experienced mercenaries than a bunch of novice citizens.
And sometimes, the CEO has to be the cheerleader that prevents the founders from giving up...
Re:Your #1 Job As CEO
by azal on Wednesday March 30, 2011 @10:24PM
(#2390167)
Nicely put, I think Distraction is the #1 issue because of which CEO's fail in their day to day activities. Try to focus on one thing at a time and accomplish it, rather than juggling multiple items and not completing any.
Don't think this is true. #1 reason startups fail is the founders giving up.
-I keep hearing this and it makes zero sense. That is like saying the #1 reason why people die is because they stop breathing.
If that requires raising money or hiring/firing, those get prioritized high. Some startups don't require funding (just read a great post about GitHub), and others can be better staffed by a team of experienced mercenaries than a bunch of novice citizens.
And sometimes, the CEO has to be the cheerleader that prevents the founders from giving up...
Another great post on the same topic:
http://www.avc.com/a_vc/2010/08/what-a-ceo-does.html
my 2 cents would be to add
that'd be neat ;)