What does a startup CEO actually do?
ajaimk.com
ajaimk.com
It's hard to respect someone who can't (or doesn't) actually produce any work themselves.
Steve Jobs seems to be an inventor, designer, tester, AND CEO. Steve Balmer seems to be much more like the author imagines a CEO should be. I know who would choose to emulate.
What I'm talking about here is not about getting your hands dirty but more on the lines of not micromanaging people. It's all about delegation.
My rule of thumb is to hire people who are better than myself at what they do. I'm not against jumping in and getting my hands dirty with my guys, but I can trust them to do a good job and know they don't need me. But if they do, I'm there.
That seems like a high bar to clear, especially if you are a pretty good engineer.
But if you don't clear it, you will end up working with people who will do things worse than you.
This will make you and them feel awful. You will feel awful because either you won't have the time to redo what they did (and won't want to give them another task), or you will have the time to redo what they did (and waste the time of having assigned them the task in the first place). Moreover both ways you hit their morale and your morale.
Yes, one can make comparative advantage arguments (country/person X is uniformly worse, but frees up country Y for their value add) -- but in real life it sucks to think that "oh, this page could have looked so much better if I had styled it, but at least it got done."
In short: you need to hire people who are better than you (at least at something) in order to delegate with any hope of retaining your sanity.
PS: things are different for a professor. That's more of an r-selected strategy. Go for good graduate students, yes, but if any given one fails it's usually not a huge hit as projects are decoupled. Big difference vs. running a company.
Glamorous, huh?
So a startup CEO is a regular company's project manager with hiring powers added? That doesn't sound right...