Your #1 Job As CEO

eladgil wrote: post #3

zackattack wrote: post #2

How and why did Twitter choose to acquire your company?

Maybe I will write a separate post on this in the future?

I'm quite sure you would have an enthusiastic and receptive audience, please email me if you decide to post it. zackster@gmail.com

Re: Your #1 Job As CEO

#5

Post by perchikomer » Tue, Mar 29, 2011, 7:42 PM UTC

great post!

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

Re: Your #1 Job As CEO

#6

Post by stefanherz » Tue, Mar 29, 2011, 7:44 PM UTC

eladgil wrote: post #3

zackattack wrote: post #2

How and why did Twitter choose to acquire your company?

Maybe I will write a separate post on this in the future?

> Maybe I will write a separate post on this in the future?

that'd be neat ;)

Re: Your #1 Job As CEO

#7

Post by conversionrater » Tue, Mar 29, 2011, 9:19 PM UTC

Great point how beyond the key roles of making money and hiring and firing a CEO basically has to take on the role that is most missing from the company at any point in time. If the company is heads down getting the product out the door, you're a product manager. If you are in the midst of a marketing launch, you are the VP of Marketing...

Re: Your #1 Job As CEO

#8

Post by dkasper » Tue, Mar 29, 2011, 9:20 PM UTC

> People seem to forget that running out of money is the #1 reasons startups fail.

Don't think this is true. #1 reason startups fail is the founders giving up.

Re: Your #1 Job As CEO

#9

Post by brianl » Tue, Mar 29, 2011, 11:48 PM UTC

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

#10

Post by jayzee » Wed, Mar 30, 2011, 1:10 AM UTC

dkasper wrote: post #8

> People seem to forget that running out of money is the #1 reasons startups fail. Don't think this is true. #1 reason startups fail is the founders giving up.

People seem to forget that running out of money is the #1 reasons startups fail.

-I keep hearing this and it makes zero sense. That is like saying the #1 reason why people die is because they stop breathing.