Startup founders take the CEO position because they bring the vision and passion to launch the company.  

They know the domain and are building the core product and go-to-market strategy.

They are the ultimate authority at the company.

As the company grows and then scales, there comes a time for a professional CEO.

Here’s a list of key characteristics to look for in a professional CEO:

One who has experience managing a large company.

They’ve grown and exited companies in the past.

They bring a network to the process for growing the company and finding an exit.

They know how to transition the company from the founding CEO.

They are good at processes and programs.

They understand the product development process and can manage it in the company.

Founders are often at their best in innovating and launching startups.

They often do better by turning over the reins of the business to a professional CEO when the company no longer needs the founder’s skills.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.
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Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.
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Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.