OnePercenter
Gold Member
- Apr 10, 2013
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Plus how does one "develop new business" when they only spend a laughable 4 hours per week on it? Unless your business is crack cocaine, it takes about 12x's that much per week to truly "develop new business".Isn't it cool they direct deposit your welfare checks now instead of having to go stand? With driving, that's be another hour or two a week for you.
Developing new business, that's the funniest one. What can you do in 4 hours when you know nothing about business???
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Again, that's why you have staff that develops new business for the company.
If you aren't doing business development or running the company, you aren't CEO, you're just an investor. Which obviously you're not unless you're a trust fund baby since you know nothing about investing.
You read reports, you read e-mail. Even when I was CEO of my own business and working full time in the Netherlands I was more involved in my business than that. Though ultimately business development was my key issue. I had to go back to that full time or sell the company. I decided it was time for the latter.
My job as a CEO is to steer the direction of the company. I do this by reading staff reports and directing the COO and CFO as to my wants. This is how every great CEO operates. CEO's DON'T DO GRUNT WORK.
Business development is not "grunt work." And no, CEOs don't sit at home in their bath robes and just read reports. Yes, you steer the ship, and that isn't sitting in your cabin getting a report from the helm, it's running the helm.
Here's a tip for the next time you want to pretend to be a CEO. Spend some time with a Porter Five Forces Diagram. It's pretty basic, but at least it gives you a starting point.
I sit at home and read reports, that's how I steer the company! What a dumb ass
I never stated that CEO's 'sit at home in their bathrobes.' I stated that they don't work nearly as hard as you think they do.