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

6. Finance

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

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

 


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.

Call (619) SCALE06 or email info@AirTightMgt.com for a complementary strategic consultation.


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