What is the difference between a founder and a co founder?

A founder is a person who has the initial idea and establishes a business. A co-founder is the one who goes along with that founder’s initial thoughts and helps make the new company flourish.

Can a founder not be CEO?

While every company has a founder, not every founder becomes the CEO. The founder can choose to become CEO, or he can delegate that responsibility to someone else. Although many founders are the first CEOs of their organizations, it takes two completely different skill sets to start a company and run a business.

Should co-founders of a company have a title?

The main drawback in offering the title is this: It’s only a matter of time before some co-founders of a company are outranked in the org chart by hired new employees. Suppose you’re the co-founder and CEO and you have two other co-founders.

What is the difference between a co-founder and a founder-CEO?

You see this sprout up when founder-CEOs dole out the “Founding Team” title. The founder-CEO desires the recruiting and loyalty juice that comes from offering the “co-founder” title, but she can’t bring herself to offer the title in full, so she allows “Founding Team.”

Should you hire a co-founder for Your Startup?

When recruiting your first, second, third, and fourth employees, if you offer the “co-founder” title, I believe you’ll be able to attract and engage a different sort of candidate. Think about all those people who are considering starting their own company but haven’t happened upon the right idea or founding team.

Why do CEOs have titles and not names?

The name implies so much more than piece of paper which calls itself a company registration certificate. One CEO might not appreciate a CEO of thin air claiming to be on the same level. CEOs are people at the end of the day. The arguments for titles are well understood.