Whether you’re a young or seasoned CEO, life at the top can sometimes be overwhelming. You have to balance the operations already in place, while constantly thinking about what to improve and how.
Below are the top five tips to being a successful CEO—and bonus: these ideas can be useful for girls in any leadership position.
Network Network Network!
As CEO you will be the face of your company, make sure that face is well known. Go to every convention in your area, speak to professionals you come into contact with, and always carry a business card with you. You may never know when a potential business opportunity for your company may present itself. Be courteous to everyone you meet and if you can drop a few hints about a new product, well, what’s the harm? Building a strong network is the best tool any CEO can posses, make sure networking becomes your most powerful skill!
Never Stop Learning.
“Never stop learning. Whether you’re an entry-level employee fresh out of college or a CEO, you don’t know it all. Admitting this is not a sign of weakness. The strongest leaders are those who are lifelong students.”
– Indra K. Nooyi, Chairman and CEO, PepsiCo.
As a CEO you must have an understanding of the operations of your company. Don’t be afraid to ask questions and read up on departments you don’t fully comprehend. How can you manage an area you don’t understand? You don’t have to be an expert in every area, but having basic knowledge will allow you to know if your employees are working successfully. Never stop learning, if you are keeping your mind updated you can keep your company advanced as well.
Look at Failures as Opportunities.
Every business will face an obstacle or a failure at one point. As the CEO your company will turn to you solve these situations. Use the optimism and skills that allowed you to achieve such a prestigious position to think out of the box. Failures are simply an opportunity to change the direction your company is going, or a chance to implement new changes. Let your team know you can move past these obstacles, stay positive and your team will feed off that energy and believe those failures are only temporary.
Build a Strong Team.
“Hire the best people you can afford, give them direction and get out of their way. They will make you proud to be on their team.”
– Michael Fifer, CEO, Sturm, Ruger & Company
It doesn’t matter if you have a small start up or oversee a large corporation, no one can oversee absolutely everything. To be a CEO it does not mean you should be in charge of every detail. Work with your colleagues; help them grow and become leaders in their departments. Only when you have an independent and competent team, can your business prosper. Behind every great boss is a strong support system of managers and Vice Presidents.
Love What You Do.
“Do something you are passionate about, do something you love. If you are doing something you are passionate about, you are just naturally going to succeed, and a lot of other things will happen that you don’t need to worry about. “
– Mary T. Barra, General Motors, CEO.
How can you expect to be an empowering CEO when you don’t feel a fiery passion for your business? The most successful leaders are the ones who truly believe in what they are doing. It doesn’t matter if you are the founder of your company or worked your way up the ladder; you should treat your business like your baby. Without loving your field, you can never properly lead within it. When you wake up happy to go to work, when you feel good about the work you are doing, when you feel you are fully happy in your job; that is when you can become the best CEO possible.
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