Reid Hoffman’s new essay If, Why, and How Founders Should Hire a “Professional” CEO is worth reading for any entrepreneur or any executive thinking about joining a high growth startup. It’s a very personal topic for Reid, and an important one for everyone in the industry to think about. The concluding paragraphs:
20 years ago, venture capitalists were in a hurry to bring in professional CEOs. Today, many of the same VC firms are busy touting their support for long-term Founder-CEOs. Both approaches can work, which means that as an entrepreneur, you should focus less on what’s fashionable, and more on what’s right for you. This is a highly personal decision, and the right answer depends on you and your team—including your co-founders and your VCs. You might be a Steve Jobs, or you might be a Pierre Omidyar. As an investor, I’m willing to back you, even if you’re not sure which one you are yet. In every investment we make, we hope that the Founder-CEO will be able to lead the company to success, but if not, and if you realize as I did that you want to bring in a professional CEO, we’ll work with you to find someone who is a true partner.
So as it turns out, Ben Horowitz was right. You always do want a Founder-CEO. But that person doesn’t always have to be the Founding CEO. Being there at the start isn’t the only path to being a founder. “Founder” is a state of mind, not a job description, and if done right, even CEOs who join after day 1 can become Founders.
Part of what I do for a living is referred to as “professional CTO-ing” or building the sites that run the startup from an operational perspective. It’s also called reverse-incubating. (/plug) At any rate, we look for Founder-CEOs who have the most focused vision and have researched the needs of their market closely. More to the point of the blog post, the CEOs that we work with are almost never the people who created the idea initially. They were brought on because the founders have no idea what to do with it!
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It makes a lot of sense to me that these two roles—that of founder and that of CEO—would be separated. I have worked with both types, and the personalities do not always match at all. What I expect from most founders is to be creative types that are good at dealing with ideas. I think of the job of CEO as much less interesting, but just as crucial. I don’t think “idea people” are usually good at the complicated management tasks like budget planning, staffing, and choosing office space.
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This helps make a lot of perception to my opinion these a couple of roles—that regarding inventor which regarding CEO—would possibly be segregated. I have worked with both equally types, and the people tend not to often match at all. Hologram projection service What exactly I count on coming from many proprietors shall be innovative types which have been great at managing tips. I’m sure of the task regarding TOP DOG all the much less useful, and vital. I don’t imagine “idea people” are generally great at the particular difficult supervision jobs such as price range preparing, staffing, along with picking out office space.
This can be a right thing to do since not all founders are that skillful when it comes to running a company. Singapore Storage
Is there even a course designed for CEO? warehouse
Now I know why not all CEOs are not owners/founders. Commercial Photographer
I hope schools will have a CEO course for this job. SECOM
In this case, I should tell my aunt about it. She’s been struggling with her business and maybe a professional CEO can help her with her business. city gate Singapore
And all the while I thought all CEOs are owners of the businesses where they work. http://www.seosubmit.com
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Are there still any job hirings for CEOs today? where can I find them. Would want to apply. iHub Solutions
So most of the CEOs today are not the founders of the company. This is really an eye-opener for me. ihubsolutions.com.hk
how much usually is the minimum payment for CEO workers in companies? waikayphotography.com
I think CEOs have a really high pay. I even want to apply for one if only I’m a graduate of this course. register a domain name
What is the reason behind this? don’t founders have enough time to manager their own business?
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If professional CEOs are the ones who will run companies, do they have the power to fire people?
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Can you put a link here of a list of companies who are hiring professional CEOs? amazon.com
I’ve tried working as a professional CEO at a certain company and it’s really a nice feeling seems you’ll feel like you’re the owner. amazon saw palmetto
is there any way that I can apply for CEO for a certain company without studying the course? http://www.active-domain.com
Can you provide us readers a link that has a list of companies who are hiring CEOs today? http://www.megaton.com.sg
I hope I can find a company who can hire me as a CEO. six figure mentors review
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I have worked with both types, and the personalities do not always match at all. What I expect from most founders is to be creative types that are good at dealing with ideas. MLB Snapback Hats
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