Comment Needing to take the credit can destroy a business (Score 1) 150
It's hard for us to comment who will make the best CEO because we don't know you or your partner. You will know the person best to lead the company to success; talk it over with your business partner, with friends, and let it ride until the natural answer emerges.
I have two comments for you, though:
1) Be prepared -- right now -- to give up the credit. If you're in this for the fame, get out now because sadly it's unlikely to succeed. If you're happy to see your idea taken to its successful fruition but no mention of your name, then you've got a good base to start from. Love your product and your customers, not yourself.
2) The CEO gets ultimate say on how the company runs. However, you will both be assigned duties in your managerial roles; make sure those roles are clearly assigned. Who handles the budget? Who handles the tecnology direction? Who handles the marketing direction? Under normal circumstances, that person will be solely responsible for their departments.
It's only in an exceptional circumstance that the CEO should veto any decision, and there should be some serious discussion if it happens. Make sure the CEO is not a micromanager!
Best of luck with your business.
I have two comments for you, though:
1) Be prepared -- right now -- to give up the credit. If you're in this for the fame, get out now because sadly it's unlikely to succeed. If you're happy to see your idea taken to its successful fruition but no mention of your name, then you've got a good base to start from. Love your product and your customers, not yourself.
2) The CEO gets ultimate say on how the company runs. However, you will both be assigned duties in your managerial roles; make sure those roles are clearly assigned. Who handles the budget? Who handles the tecnology direction? Who handles the marketing direction? Under normal circumstances, that person will be solely responsible for their departments.
It's only in an exceptional circumstance that the CEO should veto any decision, and there should be some serious discussion if it happens. Make sure the CEO is not a micromanager!
Best of luck with your business.
