Britton Law, P.A.
Free Consultation For Injury Cases
Due to precautions related to COVID-19, remote consultations via teleconferencing, Facetime or Skype are available. Please contact our office to discuss if this option is appropriate for your situation. Let’s all stay healthy and safe.

What does startup CEO greatness look like?

Starting a business can be an exciting thing. But much like a wedding, you can have a plan for everything and chances are something will go wrong. When mistakes happen as part of a wedding, they simply become part of the couple's life story. Mistakes in business planning can mean failure, so it makes sense to take steps to anticipate and clear legal hurdles.

Nor should it be presumed that just because you have the inspiration and vision to start a company that you should be its chief executive officer. The life of a startup CEO may seem glamorous when you read about it in the media, but it can be a lot different in real life. As those who have done it seem to agree, building a successful company takes planning, luck and exceptional leadership. Read on for tips some founders think are essential for startup CEOs.

Leading the list is desire for success. It has to remain high. As Cathy Han, cofounder and CEO of data analysis startup 42 puts it, success often depends on how badly you want it. As an example, there's the online home-rental company Airbnb. Now valued at $10 billion, it saw no real growth in its first 30 months of existence. During that time, founders tweaked the model and stumped for clients and investors until things fell into place. It's still a work in progress.

Han also says growth has to be a priority and it has to be measurable growth. She says growing activity and expanding into bigger quarters isn't the right definition. It should be centered on adding customers and developing new products, rather than adding features to existing products.

Hiring the right people is something that startup CEOs seem to agree about. There's recognition that the CEO can't do it all, so it's best for the CEO to focus on what he or she does best and hire others to fill in the gaps.

Be the vision keeper, says Spook Studios founder Laurence McCahill. By maintaining a clear vision, it becomes easier to establish goals and rally employees and customers to the cause.

These are only a few of the key characteristics offered by startup leaders. But they do represent foundational elements.

Source: Business Insider, "15 Essential Startup Tips From Founders," Richard Feloni, accessed May 27, 2015

No Comments

Leave a comment
Comment Information

Send Us An Email. We’ll Listen.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Britton Law, P.A.
2850 Village Drive, Suite 206
Fayetteville, NC 28304

Toll Free: 888-811-9738
Phone: 910-401-3356
Fayetteville Law Office Map

Britton Law, P.A. Office

Call Our Law Firm:

910-401-3356 ~or~ 888-811-9738
What does startup CEO greatness look like? | Britton Law, P.A.