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Founders Focus on Solutions, CEOs on Profits
A founder's decision to appoint an external CEO hinges on the founder's ongoing role and motivations. Founders typically aim to solve problems and create customer value, while the commitment and long-term vision of the CEO must align with these goals. Trust in the CEO’s dedication, often referred to as having 'skin in the game', is crucial, as this trust is not inherently given like it often is with founders.