YodaCategory: OtherWhat do you think are the critical differences in skillset between being a Founder in the early days, and being a CEO during growth phases? How can Founders “learn on the job” to become CEOs?

Kyle Treige ( @Kyle ) Staff asked 9 months ago

Staff

What do you think are the critical differences in skillset between being a Founder in the early days, and being a CEO during growth phases? How can Founders “learn on the job” to become CEOs?

1 Answers
The biggest difference between a Founder on Day 1 and a CEO during Growth is their ability to operate at 30,000 feet. Founders take pride in “doing it all.” They’re still figuring out who to trust, how to hold them accountable, and where to point them. CEOs during Growth stages have to have that figured out otherwise the plane stalls out at 10,000 feet. As a company grows, it’s imperative that founders begin to offload the minutiae, accelerate the cadence of deliverables, and focus the company on the very few things that matter. It’s incredibly hard to do, but when done right, leads to rapid development and growth. Offloading the minutiae means finding a team of talented people that can take on important work. Accelerating the cadence means not letting the organization atrophy, which it will do by default. It’s strange, as orgs get larger, things move slower. Focusing the company on the very few things that matter means getting rid of long lists of KPIs and really focusing on what’s going to make the company 10x bigger in 6 months, not 10%.