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possibly relevant comment and discussion "A CEO does only three things. Sets the overall vision and strategy of the company and communicates it to all stakehol
by RockyMcNuts 16y ago
possibly relevant comment and discussion
"A CEO does only three things. Sets the overall vision and strategy of the company and communicates it to all stakeholders. Recruits, hires, and retains the very best talent for the company. Makes sure there is always enough cash in the bank."
http://www.avc.com/a_vc/2010/08/what-a-ceo-does.html http://www.avc.com/a_vc/2010/08/what-a-ceo-does.html
- coffeemug 16y agoThat's true once the company reaches critical mass. Before that, the CEO does everything from setting the strategy and recruiting talent, to piping cables and making sure the pixels line up just right.
- derefr 16y agoNo, before that, you don't have a position called "CEO." You just have a "business guy."
- jaxn 16y agoOr in the case of the original post, a developer / business guy.
- RockyMcNuts 16y agoDefinitely true that when you're starting you have to do it all yourself, and the mix changes as the business grows. But the way I interpret it is that 'everything' can be lumped into 3 buckets - right idea (product, strategy, business model) - right execution (good processes, making sure there is always cash in the bank, and you take off before you run out of runway) - right communication - selling it, not just to customers, but to recruits, investors, and strategic partners