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There is no school or online course that can teach you to be a CEO. Sure, you can get your MBA or better yet shadow a real CEO in action, but nothing trains you for being a CEO more than being one.
I started my own company six years ago and today manage a team of 19 people. The road from the past six years is paved with mistakes, bumps, and turns, and the journey is nowhere near complete. Here are a few lessons I’ve learned as an Under 30 CEO.
1. Be grateful
Through good times and bad, it’s important to take the time to notice that you are supported by others. While the CEO always shines in the spotlight and gets the glory, it isn’t without the hard work and help from team members, mentors, vendors and your family. Make sure never to lose sight of this truth.
2. Embrace hurdles
Your company will not always be up and to the right. Climbing a mountain seems to be a better analogy. If you’re not ready for some hurdles, get off the ride now.
3. Don’t try to be everything to everyone
The biggest lesson I learned when starting my second company was to – choose a niche. Be the best in one area and don’t adjust every time someone asks you to do something. How do you do this?
4. Say no
This is the entrepreneurs special weapon. Saying no today means you can say yes tomorrow to something that matters.
5. Invest in people
In essence every business involves people. If you hire the best people, you’ll have a chance to develop a successful business. Invest in great people to grow your company.
6. Praise your team
Be sure to pass on all praise to them. To be a successful CEO, you need to take the fall for mistakes and deflect the praise to others.
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