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The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO.
I’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. I used an image from Roger Smith that describes the varying roles of a CTO as the company matures.
The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. In this context, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material. Does not need to be managed.
This strategy is called “organic growth,” yet it alone may yield only a fraction of the potential you could achieve, unless you add the additional strategies of partnerships and M&A (mergers and acquisitions). Add basic partnercontracts or alliances. Use external sourcing to fill in the non-critical gaps.
The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. In this context, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material. Does not need to be managed.
I seem to encounter a lot of people who want to attach a CTO label to me as I'm the only programmer on the founding team of three. While I do fill that role at the moment, I'm a little hesitant to refer to myself as a CTO as we still haven't launched a product, acquired a single user, or turned or a penny in profit. Who will do that?
A while back I talked about how and where to find a co-founder in “ Ten Steps in Choosing the Right Startup Partner ”. The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. You may be too independent to be partner material. Compatible work styles.
The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal business partner. In this article, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material. Does not need to be managed.
As your organization grows and you hire senior staff where you are no longer managing every employee directly the issue of how to manage people that are not your “direct&# reports arises. But I knew that to be a good decision maker I needed first hand knowledge rather than just a summary from my CTO.
This strategy is called “organic growth,” yet it alone may yield only a fraction of the potential you could achieve, unless you add the additional strategies of partnerships and M&A (mergers and acquisitions). Add basic partnercontracts or alliances. Use external sourcing to fill in the non-critical gaps.
The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. In this context, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material. Does not need to be managed.
This strategy is called “organic growth,” yet it alone may yield only a fraction of the potential you could achieve, unless you add the additional strategies of partnerships and M&A (mergers and acquisitions). Add basic partnercontracts or alliances. Use external sourcing to fill in the non-critical gaps.
The truth is you really don’t know how your teammates or your bosses will perform in good times and bad. You hire people who look good on paper. So one of the surest signs you’ve hired a leader is the willingness of his or her former team to re-assemble. After 6 months – you know. You REALLY know.
The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO.
He wrote a post this long weekend on how he manages the board of DataSift. Spend time building investor relationship long before you raise money. . By spending more time educating your board on your business you get more valuable advice from them. In his spare time he raised nearly $30 million. You should read it.
Given this diversity, it's important to be selective in the development services company with whom you choose to partner. While the appearance matters, remember you are hiring the development firm primarily for its development skills, not its graphic design skills. Project Management: Get a clear understanding of the company's process.
The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO.
I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). ” So Ethan went to work as a product manager at Google Video. I told him that this had been a big theme for me for some time.
It’s your startup, so you can give early partners any title you want, but be aware of potential investor and peer implications. The most common ones I see and salute are CEO, CFO, and CTO. If your business is managingcontracts and patents, it makes sense, but the CLO for most startups is LegalZoom on the Internet.
As you find your footing and begin to scale, you might feel ready to hire a formal executive team. What’s right for one company may not make sense for another, but the goal is always the same — to hire talent that will ultimately help the business thrive. When is the right time to hire an executive team?
It’s your startup, so you can give early partners any title you want, but be aware of potential investor and peer implications. The most common ones I see and salute are CEO, CFO, and CTO. If your business is managingcontracts and patents, it makes sense, but the CLO for most startups is LegalZoom on the Internet.
Background This post partly really came about as a result of a great conversation yesterday with David Croslin a former CTO at HP who recently conducted an interesting experiment. This is actually fairly common and I think it’s a bit challenging in that the technology roles (from technology advisor to CTO) in a startup vary widely.
It’s your startup, so you can give early partners any title you want, but be aware of potential investor and peer implications. The most common ones I see and salute are CEO, CFO, and CTO. If your business is managingcontracts and patents, it makes sense, but the CLO for most startups is LegalZoom on the Internet.
Hiring the wrong person for key company positions can cost a business thousands — or tens of thousands — of dollars and man hours. This is especially true when it comes to tech companies hiring the wrong chief technology officer. Leadership Abilities Are A Must It’s natural to want a tech savvy and competent CTO.
Still, if you’re a business leader and your developers haven’t asked you these questions, look for a FractionalCTO to help navigate the critical early stage of development. Are there other founders, business leaders, partners, or administrators? A Product Manager? Who are the other stakeholders involved?
Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth ( know as the Peter Principle ).
Our industry just took one big step towards legitimacy with the hiring of renowned media exec Ynon Kreiz to run Maker Studios. This followed an investment late last year by Time Warner in the company in a round totaling $36 million , led by Rachel Lam , head of their investment group. Babe Ruth vs. Lance Armstrong.
Being relatively a new service trend in today’s tech-driven world, CTO-as-a-Service (CaaS) is notably gaining its momentum. Though CTO as a traditional full-time position exists for decades, some companies do not feel they need a technology executive. Ideal scenario assumes there’s a CTO in house. By referring to ?TO-as-a-Service
skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Time Rich, Time Poor and Apple Jeremy Liew at Lightspeed Venture Partners has an interesting post: Time Rich or Time Poor? In it he separates web consumers into: Time Rich (more time than money) and Time Poor (more money than time).
Our partners have invested in more than dozen companies that became worth more than a billion dollars and that has disproportionately drive returns. My first company was used to manage workflow & share CAD drawings and plans on the $16 billion refurbishment of the London Underground. Ryan Lissack is the CTO of Maker Studios.
A week or so ago, we launched the Key Hire Wire at First Round. You'll be responsible for the successful management of the sales organization in order to meet the objectives of the Company. You will initially spend majority of time personally working with individual accounts and coaching sales team. You make it happen.
Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).
Want to Know Difference Between a CTO and a VP of Engineering? The terms “CTO” and “VP Engineering” have such stigmas associated with what they are that I’m sure some people will feel uncomfortable with the definitions I’ve put forward. I’ve heard both arguments from CTO’s.
It’s your startup, so you can give early partners any title you want, but be aware of potential investor and peer implications. The most common ones I see and salute are CEO, CFO, and CTO. If your business is managingcontracts and patents, it makes sense, but the CLO for most startups is LegalZoom on the Internet.
skip to main | skip to sidebar SoCal CTO Thursday, March 22, 2007 Discussion Creation Among Bloggers - LinkedIn, Blogging and Discussion Groups Ive been participating in a Yahoo Group that are users of LinkedIn and who are Bloggers: [link] Its an interesting group of folks from diverse backgrounds. See Five Things Meme as an example.
As a CTO, I can definitely say without a doubt that few people understand what a CTO does. When I tell someone I’m a CTO, I’m often met with a blank stare. Even when someone is aware of what a CTO does, they often have limited context due to the wide variety of CTO roles.
Companies also use social networking sites in the hiring process, and increasingly, to do innovative advertising (such as the recent Jack in the Box campaign). Formerly, he was Managing Director of both Product Management and of Business Development at Los Angeles Times Interactive.
Your highest priority right now is hiring the 1 or 2 people that are going to join your company and make a difference. There’s you and your killer CTO co-founder. I know it’s not single-handed as he has both fantastic partners at Foundry Group and many other community leaders. Community Leaders + Organizers.
A CTO will also want to ensure that the businesspeople on their team will understand important product and technical decisions. That’s something that a business founder might have some ideas about, but it really takes a product manager to weigh resource constraints, internal input, customer demands, etc. To the point?
aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. So let’s be very specific: let’s assume your dream job is product manager at Google, working on the Analytics product. Call it facts for hire.
A Part-TimeCTO Technology. Depending on the level of complexity and difficulty, it might not be the most efficient use of your time. Un-knowledgeable - Since it’s just you and your partners, you might not be making the best choices. In Plain English. Archive Jun 20th Sun In-House or Outsource?
Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. Therefore, if you want to bring an MVP ( Minimum Viable Product ) to market, Werdelin approximates that you’ll need $50,000 to $250,000 , depending on the skill sets of the developers and designers you hire. 1) Twitter.
In practice it can be a fine line between sparring partner / coach and stepping over the line to brute-force persuasion. Here is where I see this really play out: Product Management. At times I wanted the engineering team to produce features to support our sales efforts to I occasionally leaned on them a bit. I did this.
Main July 11, 2007 The Different CTO Roles I was putting together a short panel presentation on the roleof a Chief Technology Officer in corporate innovation and I once again realized that there is quite a bit of confusion around the role of the CTO. I am posting it here as it might be of generalinterest.
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