Couple of weeks back I delivered a lecture on starting up and how to make it successful at a meetup, and after delivering the lecture one of the participant asked me what duties he should perform as a founder or the key person and how should he define his responsibilities.
The question asked by the participant is one of the most unanswered questioned in the start up world and the ignorance of not knowing the same is causing many start up to fail at the infant stage. Most of the founders or the CEOs fails in identifying the responsibilities they ought to undertake and end up doing things which are either of no importance or ignoring things, which are of utmost importance.
Few of the key responsibilities of a Start Up CEO/Co Founder/Head/Director is
The question asked by the participant is one of the most unanswered questioned in the start up world and the ignorance of not knowing the same is causing many start up to fail at the infant stage. Most of the founders or the CEOs fails in identifying the responsibilities they ought to undertake and end up doing things which are either of no importance or ignoring things, which are of utmost importance.
Few of the key responsibilities of a Start Up CEO/Co Founder/Head/Director is
Building a great team: Team building is one of the most difficult tasks in any enterprise and for building an able team in a startup, you have to be well versed in vision/mission/product of the organization and as a head, you ought to actively participate in team building process.
Leadership: As a CEO of start up, you are not entitled to be boss in a start up, instead it is your duty to motivate the team, make key decisions and establish a company culture and vision
Sales: The most important thing as a start up CEO is to do sales, as a CEO you should be always selling your products/services/value to customers either through evangelism, direct sales, influential marketing or through other platforms.
Product Development: As a start up CEO, you ought to be active participant of product development even if you are not a technical master mind.
Vendors/Suppliers/Investors: Vendors, Suppliers and Investors are the back bone of any enterprise and as a CEO of start up, one of your primary responsibility is to maintain the relationship with them as they are the key players for building customers and the numbers.
Numbers and Financials: Every for profit company bottom line is number/money and as a CEO of a startup you should be well aware of the company financials and should work directly with the financial team or the accounts team for understanding company financials and to analyze data.
Leadership: As a CEO of start up, you are not entitled to be boss in a start up, instead it is your duty to motivate the team, make key decisions and establish a company culture and vision
Sales: The most important thing as a start up CEO is to do sales, as a CEO you should be always selling your products/services/value to customers either through evangelism, direct sales, influential marketing or through other platforms.
Product Development: As a start up CEO, you ought to be active participant of product development even if you are not a technical master mind.
Vendors/Suppliers/Investors: Vendors, Suppliers and Investors are the back bone of any enterprise and as a CEO of start up, one of your primary responsibility is to maintain the relationship with them as they are the key players for building customers and the numbers.
Numbers and Financials: Every for profit company bottom line is number/money and as a CEO of a startup you should be well aware of the company financials and should work directly with the financial team or the accounts team for understanding company financials and to analyze data.
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