The founder myth of a lone hero, fueled by caffeine and late nights, is widely celebrated and revered. The idea of building a company from scratch, with little funding or support, can be a daunting yet exhilarating experience. This heroics can be necessary during the early stages of a startup, especially when seeking venture capital.
However, as a company grows and evolves, these founder habits may become detrimental to its success. The work ethic that once served as a driving force becomes unsustainable for both the founder and the team. Startups are marathon runs, not sprints, and require a more balanced and sustainable pace for long-term success.
The same goes for problem-solving approaches. While it's tempting for the founder CEO to step in and solve every issue, it can lead to a culture of dependence and weaken the senior leadership team. This is because the founder alone cannot have the same level of 360 knowledge and context as the rest of the team.
The Shift from Heroics to Systems
As a company scales, the role of the CEO transitions from being hands-on to overseeing the business. The focus shifts from working in the business to working on the business. The key to success at this stage is to build a strong senior leadership team and empower them to lead their teams and create repeatable processes.
This combination of great people and documented processes results in a scalable system for leading the company. The founder's role becomes one of guiding and mentoring, rather than solely solving problems and driving growth.
In conclusion, while the heroics of the founder can be necessary in the early stages of a startup, they must be scaled back as the company grows. The focus should shift to building a strong leadership team, creating repeatable processes, and empowering others to drive success. By doing so, the company will be on its way to becoming a truly scalable and sustainable business.
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