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This is a lesson I learned a long time ago, forgot about it and it came back to hit me in the head. Whenever you are thinking about doing something complicated like starting a company, once you know what you want to do, the first thing you need to do is to find people who would help you do it.

So a couple of questions to ask are: What kind of people do I need? where can I find these people? how can I convince them to join me? And then the most important question is Why should people help me?

This is not to say that you shouldn’t already start pushing your initiative forward, but it is to say that you should be looking for your team members starting on day 1.

You always need people to help you, more so, you need a team. The value of a dedicated founding team is that the team cares about the company because their future is intertwined with that of the company’s future. So first thing you want to do is to build a team. Here’s a nice tool to help you get started¬†http://www.cofounderslab.com/ , but you should relentlessly netwrok and clearly state to everyone you meet what you are looking for (e.g.- “I am working on an internet startup and I am looking for a technical co-founder”.). The more specific you are, the easier you make it for people to help you (e.g.-¬†elaborate on what kind of a technical co-founder: should they be young or old, should they have certain interests and passions, should they be an expert in a specific code, should they have a certain experience, etc’)

Good Luck!

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In the last week or so the question ‘what is the role of a CEO of a company’ was raised with 2 different startups that I am working with. I struggled with the answer for a while but eventually I think I figured it out: The main role of a CEO is to make sure that the company is moving forward according to plan. That means that the CEO takes upon him/herself the responsibility of pulling the company forward by releasing blocks and barriers for progress and motivating the team to move forward.

Essentially, everything else can be delegated including planning and strategy, finance, legal, marketing, operations and just about anything. The one thing that a CEO cannot delegate is the responsibility to move forward and reach major milestones. 

So I think that if you are really good at moving things forward through people, then you can be a great CEO. Anything else you can do is just icing. What do you think?