I talk with early startups in orthopedics and spine every week. These companies are messy by nature. I like to think of early startups as "teenagers" with lots of potential, but the teenager doesn't know who they are yet.
Most startups want to hire a CEO from day 1, but there is a better way.
Enter the interim CEO.
1/ Cost-effectiveness: Hiring a temporary interim CEO can be more cost-effective for a startup orthopedic company than hiring a permanent full-time CEO with equity. A temporary CEO can be hired on a short-term basis and may not require the same level of compensation and benefits...
