7 Most Important Attributes of a Startup CEO
Being a Startup CEO is usually not the same as being a corporate CEO even though there may still be some similar traits both parties share.
There have been countless debates on whether leadership is an in-born quality or learned skill. Others have argued that leaders are made, not born. Some party have also asked the question; if leaders are made or born, what separates successful leaders from unsuccessful ones?
In the startup world, any individual leading a tech startup must possess some key traits. We analyzed some of the most successful tech leaders who built their companies from ground up, and realized they all possessed these seven qualities.
1. They’re visionaries
It is one thing to conceive an idea, and another to see beyond the idea and how it evolves with time even ahead of time. It is mostly about being able to build a product that will still be relevant in the next 5 – 10 years, and even beyond, and find innovative ways to keep that product relevant for many years to come.
2. They’re are focused
If you watch your pot, your food will not burn. – Nigerian proverb
One of the things that attributes to the failure of most startups is when there’s a lack of focus on the main thing. Sometimes we’re tempted to jump off to a new innovation we think is the game changer, forgetting why we started. Imagine hopping on to every new trend that pops up in the fast paced technological advancement era, what can one achieve. It is prudent to stay committed to a goal and see to it completion.
3. They are good communicators
It’s one thing to have a vision and it’s another thing to be able to communicate the vision. A team can only do much if the leader is able to share precisely his/her vision to them. Share your vision with the team as often as possible, and make them believe in it too.
4. They are good at selling ideas
To lead a startup is a herculean task as you’d have to convince everyone why your idea is the next game changer or why it’s better than an existing idea. An idea is as good as dead if no one else believes in it but yourself. Startup CEOs must be able convincingly get people on board their team.
5. They are courageous
Entrepreneurship is not for the faint hearted. The tech space in recent times has become a case of dog eats dog, rat eats rat. A classic example of ‘survival of the fittest’. It takes the bold and courageous person to step up and be disruptive.
6. They are tenacious
I recently learnt that it took AirBnB 1,000 days for its business to start working. Guess what would have happened if they didn’t keep pushing. AirBnB is on elf the most successful startups in the world.
7. They are passionate
“If you love what you do and are willing to do what it takes, it’s within your reach. And it’ll be worth every minute you spend alone at night, thinking and thinking about what it is you want to design or build” – Steve Wozniak