It will also keep your team members laser focused and feel more rewarded as they are able to focus on one thing for a good chunk of time. Too many startups sank because the CEO kept changing what the head of product and engineering should be doing.

Have Some Technical Knowledge And Skill Set

A good startup CEO shouldn't be afraid of a little bit of code and a text editor. They don't need to be diving into the source code on a daily basis, but they need to understand the technical requirements. It's easy to say "go build this", but it's a whole other ball game to understand how to build it. What seems simple may be a huge mountain of a technical feat that just isn't feasible with the given resources and deadlines. It can also help lend some street credibility with hiring early technical team members too.