Ever came across a job description for a startup founder/CEO?
I mean, we surely don’t see this vacancy often on LinkedIn, and while we can ask Workable or Indeed for a CEO JD (or maybe OpenAI now), it’ll most likely return unreliable results, simply because the job is so volatile that no published document can truly reflect what a CEO actually does and doesn’t.
Truth is, founders don’t get a handbook when they launch a new venture. We join accelerators, yes, we practice by doing, yes, we get inspired by others, yes, but none of that articulates what our unpredictable day-to-day will look like.
So, here’s what my JD looks like from what I did last year and what I’m mostly doing next year.
One thing to note before reading the below is that I still write most of our new vacancies’ job descriptions. I love doing that, although we’ve built a remarkable People team that can handle this on my behalf. There’s literal art in writing a JD. Sourcing extraordinary talents begin with the JD formation, and I like to have a cut in that while my time and capacity still allow.
Credit: Some of the responsibilities mentioned below were inspired by Sam Altman’s Startup Advice.
?? Role: Startup founder/CEO
?? Reporting to: team, investors, board, advisors, ecosystem, parents, wife, friends, and oneself.
?? Main objectives:
- Make sure your startup doesn’t die, both metaphorically and literally.
- Have all the answers, even when you know nothing.
- Lead by example, even if you don’t know where you’re going.
?? The general stuff:
- Develop the vision, mission, and strategic plans
- Set up systems and procedures that don’t scale
- Review company’s performance by reading financial statements
?? The crux:
- Stay genuine about your purpose and vision
- Find and hire people better than you
- Fundraise relentlessly, but smartly
- Have the ability to develop founder-market fit within you
- Simplify things and clearly communicate quarterly objectives and goals
- Roadmap for 3 months at most
- Be an animal negotiator
- Make money
- Get lucky
- Say no when needed
- Be the jack of all trades at start, then learn how to delegate artistically
- Keep your calendar organized and up-to-hour
- Be the first to arrive to the office and the last to leave
- Stay extremely optimistic and spread motivation and purposefulness
- Trust the system and fear nothing but failure of execution
- Avoid meetings unless vitally needed
- Talk to customers, suppliers, and other key stakeholders in your value chain
- Recognize, reward, and praise overperformers
- Listen to everyone, but listen to no one
- Build an advisory board of veterans to support your leadership team
- Build a board of directors that cares more about the impact than the dollar value
- Conduct and lead a weekly all-hands meeting for the entire company
- Establish legal entities and manage all miscellaneous legalities
- Send quarterly newsletters to your investors and stakeholders
- Act as an unbiased, subjective and evidence-driven judge in conflicts.
- Build systems that can improve efficiencies, decrease errors and silos, and eliminate distractions
- Measure what you make and have sound & non-vanity metrics/KPIs
- Religiously protect your company and board from takeovers
- Obsess about execution and product quality
- Be ridiculously and relentlessly resourceful to your team
- Develop a framework to know when to pivot or persevere
- Empower your team endlessly and be humble enough to learn from them
- Keep a proactive eye on competitors
- Identify market opportunities and be a first-scaler in them
- Build a culture people would feel proud, safe and hungry to stay part of
- Liaise with legal to avoid unnecessary lawsuits and fines
- Spend 50% of your time doing everything, and 50% doing everything else
- Read endless tweets about leadership but create your unique style
- Update the company’s pitch deck on a monthly basis
- Be a storyteller with influence
- Take calculated leaps of faith frequently
- Move fast and break things faster
- Try your hardest to not fall in the imposter syndrome frequently
- Sleep enough
In conclusion, the rapidly innovative world we are living in has turned the workforce into a challenging warzone. In my humble opinion, and based on my personal experience, being a founder is a unique challenge because you have to be resilient towards yourself and project this resilience onto the growing team that works for you.
Becoming a founder is holding a double-edged sword; having the sword is powerful and invigorating, yet challenging and strenuous.
Startups | Scaling AI powered STEAM edtech | Growth | Customer Experience | Trainings | Project Management SSYB | Ex Telenor | Ex Easy Paisa | Ex Digital Sales Head, Noon-The social learning platform
1 年Ali Nauman Gilani
Associate Manager @ EY
1 年Very interesting read!
Building the shipping gateway of the internet.
1 年Haha. I love this!
Vice President at Masdar Technical Supplies
1 年Nicely articulated, bravo.