Building the right team at the right time and stage in a company’s growth can make or break its success and ability to scale, especially for a startup.
While many successful companies are launched without a co-founder with a technical or engineering background, knowing when to hire a chief technology officer (CTO) and an internal software development and engineering team is an important part of your company’s growth.
Why (and when) to hire a consulting CTO
Consulting CTOs can provide the technical expertise and management experience to custom software development companies that help early-stage startups meet their strategic goals. So when might it make sense to bring on a consulting CTO?
Some of the factors to consider in your decision and hiring timeline include:
Qualities to look for in a CTO
In addition to flexibility, technical expertise and management experience, and relevant knowledge in your field, there are a few qualities to look for in a great CTO candidate:
- Stellar engineering background
- The right experience for your company’s product line and vision for growth
- A robust professional network to leverage
- Good communication skills
- Relevant leadership skills
- A strategic thinker
- The right set of tools
As most founders and investors know, things seldom go according to plan in the startup world, especially where technology is concerned. Whether you have a small team operating on the lean startup model or are growing at a rapid pace and already have several talented engineers on your team, things can (and probably will) change at a moment’s notice.
It may be difficult for you to predict when your startup will benefit from hiring a technology manager or CTO, and in many cases the answer to the question “When should we bring on a CTO?” is “yesterday.” A consulting CTO can join your team quickly and is trained to work and solve problems in a startup environment.