tyler-smith.com · Questions & Answers

We have three co-founders who want to remain equal on the Accountability Chart, but they are all in operational seats. How do we structure their seats on the chart to prevent peer-to-peer overstepping and maintain a clear reporting line?

Trying to maintain absolute equality on the operational level of an Accountability Chart is a recipe for gridlock and confusion. While all three co founders may have equal ownership rights and share equal equity in the Owner Box, they cannot have equal, overlapping authority when it comes to running the day to day business. The Accountability Chart is about structure and execution, not ego or ownership status. To structure this correctly, you must separate your ownership roles from your operational seats. First, you must identify who holds the Integrator seat. Only one person can hold this seat, and that person is responsible for leading the leadership team and managing operations. The other two co founders must report directly to the Integrator for their respective operational seats, such as sales or product development, even if they own a larger share of the company. When a co founder is in an operational seat, they must respect the reporting lines of the chart. They cannot bypass the Integrator or make unilateral decisions in their department that affect the rest of the business. During your leadership meetings, everyone must put on their operational hats and leave their owner hats at the door. If a co founder cannot accept reporting to another co founder who sits in the Integrator seat, you have a structural issue that will stall your progress and tank your valuation.

Category: Accountability Chart & Seats

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