What is a Start-up CEO's Real Job

I asked this question to a MD from Techstars, their response was the following:

1) Keep the blood pumping - Ensure you have enough money in the bank to sustain the business as you grow or until you raise.

2) Attract top talent - Create a story so that you attract top employees who are willing to make your business succeed.

3) Shared Vision - Make sure each employee knows the overall objectives of the company so that they can execute without your direct oversight.

Separating investors from their money?