Start-Up Business: Why Your Startup Doesn’t Need a COO
This is an interesting read. Working for a company which may be getting a COO in the new year I have to agree with the majority of points. I’m unsure in the early stages of a startup exactly what a COO would do all day. In my view it’s of paramount importance that the CEO is focused on product. We all know a startup which puts its business case before the product might make a small profit but is inevitably doomed. Having a person who is just focussed on running day to day activities would take some peruser off the CEO. Allowing them to focus more on product. Someone to focus on accounting, HR, marketing, PR could well be valuable. In a small company though is there really that much to do?
You have to consider whether the money would be better spend on more designers or developers. People who can actually help us ship product more quickly.
When it comes to scaling the business having a person who has been there are done it all before would be invaluable. In the beginning stages however, I’m not so sure it’s completely necessary. Of course this is all dependant on the company and skills which other team members have.
by on SEPTEMBER 12, 2011
It’s very common for startup companies to have COO’s. So I know I’m getting myself into a bit of trouble by writing this. But …
Startups don’t need – shouldn’t have – COOs. I have this conversation with every startup that comes to see me and has…