Funnily, here in Bangalore, there are so many startups with only CxOs working for the company/firm. So I guess they'er quite literally all Chiefs and no Indians then! :-)
- CEO - CIO - CTO
I was "Senior Consultant". It was ludicrous.
In fairness, there will usually be one founder who is the de facto leader. Democracy, although fair, is inefficient. So I guess "CEO" is shorthand for "the founder who is in charge".
I prefer to term Founder or Director.
That said, I'm from New Zealand where the standard term for the head of a company is Managing Director, so anyone calling themselves a CEO here is probably just wanting to sound important.
When I went to my first tech conference, I couldn't understand how people walked around with CEO on their name tag, yet that company sometimes consisted of themselves and one other employee. To this day, that annoys me (probably more than it should).
The rule of thumb should be: If you have no board of directors, you have no CEO.
Founder will suffice.
Rather hilariously, in typical imperial/metric, schizophrenic Canadian style, there's quite a few joint CEO/Managing Directors back home.
Managing Director itself is funny. Which is it? Are you managing a bunch of directors? Or barely managing to direct?
It is.
My startup is a team of six, and soon to be seven. One of the team once asked me what his job title should be. I told him to make it up himself. It doesn't matter what your title is. It matters what your role is.
These wanky "05:00 herb tea CEO" posts are the equivalent of titles (and tantamount to linkbait IMO). The value contributed is the equivalent of the role.
Or, put another way: it doesn't matter how you do what you do. It matters what you do.
Finding the title CEO ostentatious is fine, but a company with 20 people is a big company. I have never managed anything that large. If someone is running that sized company, by all means, they should call themselves a CEO if that is what they are comfortable with.
At the end of the day they need some title, and CEO works as well as founder, president etc.
My CEO is a manager who is able to mentor me(a tech guy) in management and leadership skills while still managing to keep up connections with third parties and perform a number of technical/business functions we reserve for his role.
If you ask me CEO is douchey if its a team of just "guys getting started". So I go with founder. When you get proper employees, its time to wear that CEO badge.