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March 25, 2024

The #1 killer of a funded startup

The #1 killer of a funded startup is not:

⌦ bleeding customers

⌦ bad product-market fit

It's the CEO who becomes the bottleneck of the company.

You can't scale if you constantly approve every decision, put out the smallest fires, and hoard tasks.

Here's a 3-step process to solve this (so you can break free from the downward spiral):

  1. Hire the right people:

→ Your worst employee is your fault. Invest in onboarding and training your team members so you can rely on them without drowning in a sea of anxiety.

  1. Give authority:

→ People reciprocate trust with reliability and commitment. So step aside and give them the space to do their job.

  1. Accept the gap:

→ No new team member will hit the mark as efficiently and as quickly as you. Let go of perfection and take a step forward even when they meet 60% of your standard.

Remember:

Your company will grow to its next biggest bottleneck.

Be the CEO who solves them, not the one who creates the