Transition founder CEO
Do good founders make good CEOs? Often not. There are vast differences between leading a company as a founder and leading as its CEO. What does it take to close the gap and are founders cut out to be CEOs?
First, what traits make a founder successful? A founder has a vision and a powerful passion for their offering. They can motivate customers, sta f f and funders to believe in their idea’s potential. A founder believes so wholeheartedly in their vision that they will push through uncertainty and failure to see their idea succeed. And this dogged determination is vital in the early stages of the business. Because the f ledgling concept is still proving itself, and you’ll come up against lots of naysayers who will tell you that your offering is doomed to fail. But the skills vital to a founder’s success don’t necessarily translate into a successful CEO. WHAT SKILLS DO CEOS NEED? Here are the top 5 according to Michael Kaiser-Nyman, founder of Impact Dialing, and Les McKeown, President and CEO of Predictable Success, a leading adviser on accelerated business growth:
1CEOs must be good with people. An effective CEO needs to attract talent, investors and customers and forge partnerships. They must also be masterful at