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Marketing School - Digital Marketing and Online Marketing Tips

Founders vs CEO: What’s the Difference?

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.61.3K Ratings

🗓️ 18 November 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

In episode #2866, Eric Siu and Neil Patel discuss the unique roles a founder and a CEO play in a company's growth and stability. They share insights on the cultural factors influencing business practices in different countries and the evolving perceptions of leadership titles in entrepreneurship. Don’t forget to help us grow by subscribing and liking on YouTube! Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT)  TIME-STAMPED SHOW NOTES: (00:00) The Distinction Between Founder and CEO (03:11) Cultural Perspectives on Business Risks (05:50) The Role of Titles in Entrepreneurship (06:50) That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more!   Leave Some Feedback: What should we talk about next?  Did you enjoy this episode? If so, please leave a short review.   Connect with Us:    Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel X @ericosiu

Transcript

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0:00.0

Do you know the difference between a founder and a CEO?

0:03.0

No.

0:04.0

Basically, there's a big difference between founder versus CEO.

0:07.0

So Jason Freed of 37 Signals fame.

0:09.0

He's arguing that it shouldn't be the case.

0:12.0

So founder and CEO is a pretty common title.

0:15.0

This is with Jason Freed the same.

0:17.0

And he argues that founder versus CEOs is completely different because a founder is someone

0:22.5

that actually injects risk into a company, right?

0:25.4

The founder is usually coming up with new ideas.

0:27.0

We should buy this company.

0:27.9

We should come up with this new product line, this and that.

0:30.3

He argues that a CEO is a stabilizer.

0:32.5

A CEO is not necessarily trying to inject a lot of risk into the company, right?

0:36.3

And he's saying this is why there's a problem with founder and CEO being in tech, because like they're two different things.

0:41.4

You should just be one or the other. And I thought that was an interesting perspective, and we should

0:45.1

talk about what we think about it. I literally had this conversation or a conversation that mimics

0:51.5

this with my CEO, call it less than 10 hours ago.

0:57.1

Wait, you're a co-founder's CEO or your CEO?

1:00.5

Co-founder's no longer a CEO.

1:01.9

He hasn't been for Aege's.

1:02.7

So our actual hired gun CEO who came from Densu Aegis.

...

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