Many people are surprised to find that being a startup CEO is not all about the glamour and the glory. It often comes with a lot of stress and anxiety that can be very difficult to manage. Being a startup CEO is one of the most challenging positions in the business world. You are accountable for everything, from your company’s finances to its culture. The hours are long, and you have to be able to think on your feet to make tough decisions as they come up.
Some things that would surprise people about being a startup CEO:
You’ll never stop developing your business
The role of a CEO changes over time as startup CEOs are constantly on the lookout for opportunities to grow their business and make them more successful. They have to be constantly prepared for change and have a strong work ethic. Startup CEOs also need to be aware that there is no such thing as downtime in a growing company – there are always new challenges emerging and decisions to make.
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It will be important to be able to keep up with the pace of a startup. There are no breaks or vacations. You have to be constantly on the go and find new clients and partners.
The most challenging part of being a startup CEO is that there is never any downtime or rest. You are always on the go, finding new clients, partners, and new opportunities for your company.
Double the estimated time because everything sure doubles
Being a startup CEO is not always a glamorous job. It’s about being in charge of the company’s vision and making sure that it is followed through. It’s about taking responsibility for the decisions and their consequences. And it’s about being able to make difficult decisions promptly while still keeping your team happy.
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The leadership skillset is a constantly evolving one. You need to be able to adapt and change in the blink of an eye. You will have to manage your time better than you have ever done before because every task will take longer than you think.
You will need to make decisions that might not be popular with everyone, but they are the right decision for your business.
You may not have a work-life balance
Being a startup CEO is not for the faint-hearted. You will have to make sacrifices and be okay with not seeing your family for days on end.
But one of the most important things to remember is that you are not just a CEO, but you are also a human being.
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It is important to know how to balance your work and personal life. You will find yourself juggling between these two things daily. There is no one way to do this and every person has their way of doing it, but it’s important to figure out what works for you for it not to feel like an impossible task.
Making plans every day will be a top priority
In a startup, you are the CEO. You are the one who makes all of the decisions and you need to be in control of everything. However, this doesn’t mean that you should be micromanaging every little detail. As a startup CEO because you will always be working. You have to plan your day every day or else you won’t accomplish much.
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Startup CEOs are special types of people. You have to be a jack of all trades, but you also need to know when you need help and delegate.
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The first thing that surprised me about being a startup CEO is the amount of time it takes to plan your day. You may think that you would be able to just show up and do your work, but as soon as you have a team, you can’t just show up. You have to plan your day and set expectations for what you want to accomplish. Otherwise, the next morning, you will find yourself with a bunch of things on your list that didn’t get done.
What will surprise you most about being a startup CEO? A lot and more, for you, will spend more time on administration than on anything else. You will need to be able to prioritize and focus on what needs to be done right now. You will have less time for yourself than ever before, so brace yourself.