If you have a vision and passion for a business, you make it bigger than yourself and you aim for the best even when it means hiring people who are better than you. Here is an opportunity to put the ego aside and learn. Lose your ego and understand that as the founder you need to build the strongest possible team around you. Look for people who bring complementary skill-sets to your business and know more than you in particular areas.
David Ogilvy (founder of advertising agency Ogilvy & Mather once said “Hire people who are better than you are, then leave them to get on with it . . . ; Look for people who will aim for the remarkable, who will not settle for the routine.” That was one of his principles in creating an advertising empire in 1948. He believed that if you are doing your job well, hiring someone greater than you will not affect you negatively. In fact, it can only make you look good, because you were able to recognise the talent and brought it on board.
As a founder you don’t have to be the king of sales, or accounting, or marketing, or anything else for that matter. Granted, depending on your start up structure, you will need to have a crack at most of these things, however you don’t need to master them. You just have to create a vision that people will follow, and create the strategy to fulfill that vision. Inspire people with that vision and ask them to help you out, and when the time is right employ them!
Remember that a good leader does not only get things done. They are able to inspire people to excel in whatever they do and share a passion that leads towards reaching a common goal. They realise, like Steve Jobs did, that a team of A players is what makes the strongest company. So make sure you have a team of A players, and then you’ll have the best chance of winning the gold medal!