7 months ago
Anupam Mittal on Founders Exiting CEO Roles
Anupam Mittal, who started Shaadi.com and is a judge on Shark Tank India, wrote about why it's okay for founders to step down as CEOs of their own companies.
He says this doesn't mean they failed.
Instead, it shows that the company is growing and needs different skills.
In the beginning, founders are great at starting the company.
But as it gets bigger, it needs people who are good at managing many employees and processes.
Mittal says this is normal in other countries, but in India, people often think the founder did something wrong.
He thinks founders should aim to be replaceable, just like the leaders of big companies like Google and Apple did.
This way, the company can grow even stronger.
Anupam Mittal, founder of Shaadi.com, argues that founders resigning as CEOs is a sign of maturity, not failure.
Indian startups often assume founders must remain CEOs indefinitely, but Mittal believes this is outdated.
As companies scale, they need different skills, such as operational depth and process management.
Global markets accept and encourage founders stepping aside for professional leadership, unlike India where it's often stigmatized.
Mittal cites Google, Apple, and Microsoft as examples of companies that thrived by evolving leadership beyond their founders.
- Who
- Anupam Mittal, founder of Shaadi.com and judge on Shark Tank India Season 5
- What
- Founders resigning from the CEO role in their own companies
- Where
- India
- When
- Not specified
- Why
- To signify maturity and evolution, and to bring in professional leadership for better long-term growth
Key facts
- Person
- Anupam Mittal
- Company
- Shaadi.com
- Role
- Founder and Judge on Shark Tank India Season 5
- Topic
- Founders resigning from CEO roles
- Platform
- Global Norm
- Founders stepping aside for professional leadership is widely accepted
- Indian Stigma
- Such transitions are often portrayed as failure or wrongdoing
- Examples
- Google, Apple, Microsoft
