Don't be a Hari Sadu

Most people think that the best part about starting your own company is that you get to be your own boss and control everything (rather everyone) while sitting at the top spot of the organization. Imagining to play a role of a top management seems a little easier in terms of professional struggle in life where you don't necessarily have to demonstrate and verify your skills and efforts several times to the person above or next to you, to make your way one level up at a time. Leadership instantly gives a sense of freedom and control which sounds amazingly positive to people to aspire of starting their own private limited. Surprisingly, it's one of the reasons, if not the only for many people to get into forming startups.

I have seen, worked and interacted with many CEOs who start their company carrying that killer we-are-here-and-we-are-here-to-stay instinct which is natural to come with their new venture and all the initial excitement but as the time passes by, the way of handling the organization and the team gets compromised in the zeal to excel in the industry and aiming to get profits. Because of many such failures/short comings to handle the organization well and not monitoring their own way of working portrays an unfair game to the company, to it's employees and to the office culture.

It's not a surprise to know that 90% of startups close down within 2 years of their setup. Having said that, that doesn't mean that a company failure is directly related to its administration only (or to that one person at the top) but a good part of it, is.

Never start a company just to be your own boss or to control a group of people you hire. Being you own boss doesn't mean working for lesser hours, taking unregulated days off, having the liberty of holding more than one source of income, judging your employees, or developing an ego of like a dictator. Instead, being a "performing" CEO means coming to office the first and leaving the last, personal appreciation of your staff on their good work and for the skills they bring to the table, being motivated and keep your staff even more motivated every single day and most ridiculously important, believing in one thing and one thing only...  your full time responsibility as an entrepreneur to do meaningful business and bring a change in the world. 

It's good to be an employer but its' great to work like an employee.