Determine your consulting rate based on client revenue and C-Suite salaries. This helps set a fair price for your services.
Consider the complexity of the company and its engineering team size. A larger or more complicated organization may require a higher fee due to increased work.
Always get paid before starting the work. This ensures that clients respect your time and commitment right from the beginning.
Being technically correct isn't enough for a CTO. It's important to communicate effectively with the rest of the team to be truly understood.
CTOs often feel unheard and frustrated, especially when their technical insights aren’t respected. They need to connect their concerns to the company's overall goals more clearly.
Success as a CTO comes from focusing on team dynamics and collaboration rather than just being right. Building relationships and understanding others' perspectives is key.
As a CTO, it's important to shift focus from just coding to empowering your team. Your role is about building capabilities that help the company grow, not just doing the coding yourself.
Devote specific days of the week to different themes, like 'Momentum Mondays' for delivery and 'Teaming Tuesdays' for collaboration. This structure can help manage your time and prioritize what matters.
Start small by blocking out just 15 minutes a day for these focused activities. This can help you gradually build better habits and ultimately enhance your leadership impact.