Entrepreneurship Tips — Business Tips

Do Most Top Owners of Big Companies Have the Best Technical skills?

Posted by Robert Norton on

Do Most Top Owners of Big Companies Have the Best Technical skills?

Very rare and almost impossible except in the startup days. Owners need to master other skills like this list to scale a company. Sometimes they help build the first product but usually people with far more talent come in and improve it greatly, as they have 15, 20 or more years experience. Because being a CEO of a startup is the most complex job there is today. People greatly underestimate what it takes to be successful. It takes at least 10 and more likely`5+ years' experience to accumulate the experience needed for a high chance of success. Here is a...

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Can a CEO and CTO Have the Same Level of Authority in a Tech Company?

Posted by Robert Norton on

Can a CEO and CTO Have the Same Level of Authority in a Tech Company?

  Absolutely not. The President is a legally defined position with all kinds of legal rights and responsibilities. Every other officer serves “her pleasure” maybe with some contract for termination rights. Many President rights and responsibilities can vary by state and/or the company’s charter, but always way above any other Officer. It is where the “buck stops”. Anyone who is a Vice President or Officer can sign a legal contract or document for a company, binding the company legally. And should have mostly discretion in their area of the business, but that has limits, and a President can always override...

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