What Does a Chief of Staff Do at a Startup?

Published on
April 10, 2023
What Does a Chief of Staff Do at a Startup?
Share

What does a chief of staff do at a startup? A chief of staff is an important role in any startup, as they are responsible for managing the day-to-day operations and ensuring that the company runs smoothly. They serve as the link between the executive team and other departments, helping to ensure that all stakeholders have access to accurate information.

A successful chief of staff will be able to effectively manage both people and processes, while also providing strategic guidance when needed. They need to have organizational skills, leadership qualities, and strategic thinking.

In this article, we will answer: what does a chief of staff do at a startup? We will look at what a CoS is, the benefits of having one in your startup, and the difference between a CoS and an executive assistant.

Ready for your next investment? Gain exclusive access to the best companies that Angel School has vetted. Our investors see success through our excellent deal flow and world-class diligence. We source hundreds of companies and invest selectively, with a fully transparent process. So join our growing global community, and see what a diversified deal flow and a talent for choosing good deals can do for you.

What Does a Chief of Staff Do at a Startup?

What does a chief of staff do at a startup? A Chief of Staff serves as a consultant and supervisor to the head executive, providing oversight for business processes and giving strategic counsel. The Chief of Staff is tasked with overseeing the organization's operations, providing strategic counsel, and fostering a collaborative environment to optimize decision-making.

The duties of a Chief of Staff can vary depending on the needs of each startup. However, it typically involves managing projects, leading cross-functional teams, gathering feedback from employees through surveys or questionnaires, and creating frameworks to help executives make better decisions.

For a startup, it is essential to find someone who can articulate well and comprehend both strategic objectives and everyday operations when recruiting for the Chief of Staff position. A successful candidate should possess a wealth of experience in various domains such as project management, finance, marketing, and customer service. They should have the capability to juggle multiple tasks while swiftly elevating any area within the company.

They should be able to work with teams of different specializations and levels. CoS candidates need to be able to please board members, and understand the minutiae of finance team meetings and other technical teams while working closely with the CEO and the executive team.

Additionally, they must be able to manage multiple tasks at once while up-leveling any area within the company where needed. It's beneficial if they have connections with other professionals who can vouch for their abilities - this helps build trust between them and your organization quickly.

The CoS role is critical in any startup, supplying the required support and advice to make sure that operations run efficiently. Qualities such as strong organizational skills, a proactive approach to problem-solving, and excellent communication are key when selecting a successful candidate for this important position.


Key Takeaway: The Chief of Staff is the glue that holds together any successful startup. A Chief of Staff needs to be able to communicate adeptly and have the capacity to juggle multiple assignments while staying aware of market developments and reports. Furthermore, they should have solid connections to build trust quickly within your organization.

Benefits of Having a Chief of Staff

What does a chief of staff do at a startup? A CoS can be invaluable for any organization seeking to expand, as they help streamline the CEO's workload by ensuring work is delegated efficiently and that high-achieving personnel is held accountable.

Source

A CoS helps prioritize the CEO’s time by delegating workstreams effectively, resulting in better decision-making abilities from high-performance-driven employees who are held accountable.

By having someone dedicated to safeguarding the CEO’s time and resources, companies can focus on growth opportunities rather than being bogged down with day-to-day tasks or minor issues that could have been delegated elsewhere. This will allow them to make decisions quickly and confidently and can lead directly to a successful investment round.

Another key benefit of having a CoS is that it provides structure and accountability within an organization. The CoS will ensure everyone knows what needs doing and when, as well as hold people responsible if things don't get done on time or up to standard. By working closely with all teams--finance teams, sales teams, technical teams--the Chief of Staff can serve as the glue to the company.

This allows the business owner, leader, or even board members more freedom knowing that there is someone else making sure everything runs smoothly behind the scenes. Thus, giving them peace of mind so they can concentrate on growing their business without worrying about small details getting overlooked.

Having a Chief of Staff can be incredibly beneficial to any startup, as they are responsible for managing operations and helping the CEO focus on key tasks.


Key Takeaway: A Chief of Staff (CoS) can be invaluable for any organization looking to grow, ensuring that the CEO's time and resources are used effectively while providing structure and accountability. As demonstrated by Colin Bramm's successful Series A funding round in 2023, having a CoS on board is an essential step towards achieving success - they're like a right-hand person who keeps everything running smoothly behind the scenes.

Difference Between Executive Assistant And Chief Of Staff

What does a chief of staff do at a startup? What is the difference between a CoS and an executive assistant?

An executive assistant typically serves as the gatekeeper for their boss, managing administrative tasks such as scheduling appointments or booking travel arrangements. A COS, on the other hand, is more than just an administrative role - they serve strategically as an advisor and problem-solver.

A COS should be an individual with a broad range of capabilities, who is capable of rapidly adjusting to new roles and responsibilities. A COS must demonstrate interpersonal proficiency to be able to effectively interact with all levels of management, while simultaneously cultivating solid connections within the organization. Additionally, they need to possess great organizational abilities to prioritize tasks and delegate responsibilities accordingly.

In contrast, an EA has less responsibility and focuses primarily on office operations rather than strategy or business development initiatives like a COS would handle. This means that EAs may not always be involved in high-level meetings or have access to confidential information like their COS counterparts do since their job does not require them to.

As such, it's important for startups looking for growth potential to consider hiring someone trustworthy with executive presence over simply opting for an EA instead of a Chief Of Staff (COS).

Overall, when deciding between hiring either an Executive Assistant or Chief Of Staff, it is important to take into account what kind of role you want your team member to fill: one that requires more strategic thinking versus one which focuses mainly on office operations.

By understanding this key distinction between these two positions, you can make sure you are getting the most out of your team by finding someone who best suits your organization’s needs now and into the future.


Key Takeaway: When hiring for an administrative role, it is important to consider the difference between an Executive Assistant and a Chief Of Staff. EAs typically focus on office operations whereas COSs are strategic problem-solvers with executive presence. Therefore, startups should choose wisely as one's trustworthiness and ability to think critically can be a game changer in terms of growth potential.

Conclusion

What does a chief of staff do at a startup? Why are they important? Having a Chief of Staff at your startup can be an invaluable asset to help manage the complexities and challenges associated with scaling up.

A successful Chief of Staff should possess a combination of organizational, communication, and problem-solving aptitudes, as well as knowledge regarding the duties they would be expected to fulfill in a startup. By taking the time to hire wisely, setting clear expectations for their role in the organization, and developing effective working relationships with them, you will maximize the potential benefits that they bring to your business.

About AngelSchool.vc

AngelSchool.vc is a Fellowship program dedicated to helping Angel Investors build syndicates. We give Program Fellows a syndicate blueprint in just 8 weeks.

After that, they’re invited to join our Investment Committee (IC) to get real deal experience AND earn carried interest. Apply for the next cohort of our Syndicate Program here.

The AngelSchool.vc Syndicate is backed by 1000+ LPs and deploys $MNs annually. Subscribe here for exclusive dealflow.

Related category:
Startups
Jed Ng
Author:
Jed Ng

“Jed is the Founder of AngelSchool.vc - a program dedicated to helping angels build their own syndicates.

He has a track record of exits and Unicorns, and is backed by 1000+ LPs.

He previously built and ran the world's largest API Marketplace in partnership with a16z-backed, RapidAPI".

Get exclusive access to Angel School deals. Invest alongside our community of 750+ LPs
Subscribe to Dealflow
Ready to build your own Syndicate? Join the Angel School Fellowship program.
Apply To Cohort
Are you a startup seeking investment from Angel School?
Apply For Investment