There is a thin line between competence and incompetence, as a founder, we can also call you a leader, you have to lead by example at all times, you have to be business competent to an extent, if not fully, you cant always dump on others
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That's right, a good leader has to show in words and deeds that he is competent for the leadership role, people believe in those who are competent in deeds more.
You're right about the thin line, any mistake could reveal or puts you in the incompetence side even after some competence show. Founders have responsibilities to carry on, I bet they decided that before they found their community.