Why Do Founders Often Fail as CEOs?
Posted by Robert Norton on
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 list of the skills we teach at The CEO & Entrepreneur Boot Camp:
1. Recruiting
2. Management
3. Marketing & Branding
4. Product Development & Innovation
5. Operations, customer services
7. Sales
8. Raising capital
9. Leadership
10. Competitive Intelligence
11. Market Research
12. Vision
13. Competitive Strategy
14. Organizational Development (OD)
15. Industry/domain expertise
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Now the CEO does not need to be expert in these, but that expertise is needed on a team and they need to understand how to manage that area including knowing when someone else is good at it to execute.
I have created a 3-part video course here reviewing this in more detail called The Entrepreneur's Journey here
Join the course How to Raise Millions from Outside Investors
Bob Norton is a long-time Serial Entrepreneur and CEO with four exits that returned over $1 billion to investors. He has trained, coached and advised over 1,000 CEOs since 2002. And is Founder of The CEO Boot Camp™ and Entrepreneurship University™. Mr. Norton works with companies to triple their chances of success in launching new companies and products. And helps established companies scale faster using the six AirTight Management™ systems. And helps companies successfully raise capital.
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