Michael Lopp on the anachronism and true uselessness of titles:

When a company is small, everyone does a little bit of everything, so titles make no sense. My first title at Netscape was “Bitsifter”. Sure, there were some titles, but they were titles of convenience so external parties could apply their antiquated title frameworks to folks on our team during meetings. “Oh, I see, you’re the VP of Product… how very impressive.”

I give no one any respect whatsoever based on their title: they have to earn it. This can be done through genuine conversation, viable work product, or explicit demonstrations of effective leadership. There is no other way.