By: Kathie Green, Co-Founder, Uncharted Minds
Uncharted Minds’ sold-out panel at IDEO, featuring five all-star women CEOs, was truly inspiring. Shaherose Charania, founder of Women 2.0, my personal friend, and hero to many moderated the conversation. The panel covered topics including how successful CEOs manage their careers, get funding, and make the leap from early-stage startup founder to growth CEO.
Key takeaways for aspiring entrepreneurs include:
- Winning venture capital investment is incredibly exciting and comes with great responsibility. If your intention in starting a company is to be your own boss, know that instead of just one boss, you will now have many bosses when you start having to answer to investors.
- Do your homework before pitching. Target investors who are missing a product like yours in their portfolio, rather than those who have already invested in your space.
- Being a founder is all about selling the vision, the dream, and living in the future. But, being a CEO requires living in the now. You will have to take full control of company finances and operations, and have the emotional intelligence needed to counsel and coach employees.
- Consider the personal costs of starting and running a company. Being an employee has its advantages, including a steady paycheck and a clearly defined scope of responsibilities. Being a CEO is an endeavor above and beyond a full-time job. The responsibilities are immense.
It was a privilege to be able to showcase these phenomenal speakers. We also want to thank our partners at IDEO for being incredible hosts. And of course, a big thank you to everyone who joined us on Tuesday.