Although some individuals are born leaders, most are made. Becoming a chief executive typically takes years of hard work. Extensive experience in the company’s field is desirable and some companies tend to prefer those with degrees from upper-tier schools. Finally, those that have worked their way up from a low level within the organization may have an advantage, as they arguably know the company better than any outsider ever could.
via Becoming A CEO.
The elusive CEO… People wonder how to become one. Well many start-ups bring forth CEOs because someone had to take the role. Many learn from experience that just because you are an idea guy, or a programmer, doesn’t mean you know how to manage, lead, and strategize for a company.
Having a great product is one thing, but keeping your company alive and growing in a competitive environment requires more. If you want to be a CEO you need a broad set of skills: Finance, Management, Marketing, Creativity, and Strategy.
All Start-ups should have this same broad set of skills because even if you are not fit to be CEO, you need to know what your CEO is doing and where it will take your company. Business is not kind on ignorance..
The co-founding trend is going strong, with many of today’s up-and-coming startups led by two (or more) complementary individuals.
via How Do Co-Founders Meet? 17 Startups Tell All.
Founder or co founder, that is the question…. It seems that many businesses start with multiple people and then split or break up. Most of the good hollywood stories like Social Network bring the drama by the founders getting in fights or splitting. Is that what you want for your start-up?
Hey it is only half the profits, and twice the headache... If that isn’t fun enough, get more people… As I start my journey into the tech startup business I am weighing my options. It seems to me going it alone can have some really bad impacts but the glory is not diluted if you make it through everything. Two people to me seems like it would be worse than three of four in that you can really butt heads because as soom as you have a disagreement you have a whole split. With three people you get a little more balance but you give up another cut of profits.
So what is the best start-up model or is there a best? I think it comes down more to who you are starting up your business with maybe more than how many. Like all relationships who is on the other side can dramatically add to or take away from the success of the relationship. For now I will continue to research this to determine who I will bring in to my projects and businesses.