Entrepreneur CEOs - The Right Stuff
What makes a great CEO? What makes a leader? What are the Six
Attributes of a successful CEO?
There is no one path to CEO success. There is no correct plan. There
is, however, a degree of insanity to working so hard in the fervor of
creation. Creating is a feeling associated with peak experiences as is
working with bright, dedicated people on a team.
Entrepreneurs are unwilling to accept that their decisions are wrong
decisions, but instead make their decisions be the correct ones. Often
they react and think quickly while making decisions before being
comfortable with them. Moving with the market, reacting to change,
taking a direction because it is available, and getting on with it
characterize their behavior. Finally, they are prepared for wealth not
being the outcome.
Preparation for becoming an entrepreneur could include selecting a
company with objectives that are personally appealing and growing with
experiences found there. Continually check to see if the challenges at
work cease and feeling "topped out" appear.
"Re-potting" might mean lateral assignments or even regression
in order to go forward. Opportunities either inside or outside of an
established company exist. It is up to individuals to determine that for
The Six CEO Success Attributes are;
1. Having a mission. Believe in what you are doing. Know that it is
true and stick with it. Do not be diverted or discouraged by the
2. Building a team. This is a human resources game not a marketing
one. It is about people who can solve technical problems. It is
essential to be good at what you do. Give your best performance. The
same holds true for the management, financing, and marketing teams. The
board of directors' experience and presence lend credibility to a
company's high level of professionalism. Leadership is the CEO's job.
3. Making a profit. The fundamental laws of economics have not been
revoked. Profits fund continued business of an ongoing enterprise. Your
continued existence as a business depends on spending less than revenue
earned. The most important rule of entrepreneurship is to not screw it
up. Great companies have been about A-level execution. The competition
goes out of business because of bad performance. Performing consistently
quarter after quarter in comparison to the competition makes all the
4. Visiting customers. Leadership by example means CEOs evangelize by
going on the road and visiting prospects. This demonstrates to employees
that CEOs work with and beside them. Commit to customer satisfaction by
calling on clients. Go out and sell something.
5. Designing a corporate culture. Engineer a corporate culture or
live with whatever develops. Organizations with longevity think about
this a lot. Any more, it is not enough to make money, issue public
stock, or crush the competition. Become a great company known for
delivering great products/technologies and being an upstanding member of
the community. Take a market position in relation to other companies and
make every communication demonstrate this - not only to the public but
also to employees. "Enculturate" people to what the business
stands for and what its core values are.
6. Having some luck. Sometimes it is a matter of being in the right
place at the right time with the right product/service.
display the following traits:
· High intelligence quotient (IQ) and energy
· Effective communications
· Intellectual honesty
· High integrity
· Background appropriate for the job
· Good team builder
· Balance between ego, humility, and sense of humor
Entrepreneurs do what
has not been done before. They are open as opposed to closed.
Their characteristics include
· Knowing themselves
· Knowing what they want to do
· Knowing what they are good at
· Doing things in their unique way/style
· Seeing things through to completion
· Crossing boundaries seamlessly as masters of multiple
· Learning from their mistakes and not repeating them
Written by Judy Kong, Analyst with TECHdivas.com