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Nonexistent.
Take it from someone who had a COO co-founder, you don’t need a COO when you’re starting a company.
I added a COO as a cofounder to my company. He was talented, had tons of experience and knowledge, and he helped me secure funding.
There was just one little problem with having a Chief Operations Officer in a startup, especially an early stage startup. And that problem is…
Startups, especially early stage startups, don’t need a Chief Operations Officer.
Hmmm.
Let’s see. What does a COO do again? Yeah, that’s right. A COO manages the day to day operations of a company.
That must mean a COO needs to have good management skills, right? Sure. A COO must have to a good manager.
But doesn’t a CEO have to be a good manager too? Of course. You’d better be a good manager if you’re a CEO.
What else does a COO need to be good at? A COO must be able to manage multiple disciplines in a company too.
But doesn’t a CEO have to be a good at managing multiple disciplines in a company? You bet. If you’re going to be a successful CEO, then you’d better be good at managing multiple…