Normally when the CEO writes something it’s considered a sign of bad things going on in the company but this is not the case this time!
As I am currently home being sick I thought I could make myself useful by writing a bit about my experiences in being the CEO of a new startup company.
So, who am I? Well my name is Magnus Söderberg, I’m 36 years old and I have for the last couple of years been studying game design with the other guys in the company at the University of Skövde. I started to study game design because I have since I was about 25 years old dreamt of starting my own gaming company (took me a few years to take that step though). So after getting to know the other guys during our education I asked them during our second Game Project in school if they would be interested in starting their own company. Some of them said yes (thank god) and so here we are today; a year and three months in, working in our mobile games company Triolith Entertainment AB!
So what does the CEO of a mobile games startup actually do? Is my main duty to shuffle papers and keep control of the company economics? While I do shuffle around quite a bit of paperwork I do a whole range of different things! My job is to keep an eye on the market and see what trends are going on, managing our contacts and getting new ones, make sure we don’t end up in legal troubles and keep tabs on potential tax problems and their solutions. Recently we had a major problem in Sweden with having to pay double VAT on every sale we did, which also gave our auditor a major headache. Luckily that problem is now solved! I also do a lot of market research, checking up on what games are released and if they are any fun, I also evaluate our new game ideas against the market.
One of my other important tasks is to keep my team motivated. I am by no means a CEO who rules his company with an iron fist, quite the opposite. I put a great deal of trust in the other guys, knowing that they will make the best decisions possible. This is probably a lot more common in companies started by a group of friends. However, this will probably have to change slightly as we grow as a company, though it will never be an iron fist as I think that is a bad way of running a company; if you don’t trust your employees why did you hire them in the first place?
Networking is also a main responsibility for me (and also a specialty!) and this is one of the most important aspects of being the CEO of a small company. Having a healthy business network has helped our company in a lot of ways and has opened a lot of doors for us.
As a matter of fact; next week I will share my tips and lessons on being the CEO of a startup games company!
Now though, I have to go and blow my nose.
See you next week!