What Does A CEO Do?

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We all know that CEOs are the highest-ranking individuals in a company, but what exactly do CEOs do?

In this video, I’m going to talk about everything involving CEOs and what makes them fantastic or horrible, and what their responsibilities generally include in small businesses.

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2:03 The way you’re going to be judged as a good CEO, a good business owner, a good entrepreneur
= do you have profit? At the end of the day, a CEO needs to have profit to run and expand the company.
3:05 To make that profit, the CEO is responsible for strategy and action in 4 key areas: marketing, sales, delivery, and management.
6:20 Accounting and profit/loss statement, legal documents, make sure your retail merchant’s license is in place and current. You’re responsible for all the technicalities to make this business function so you can file your taxes, and comply with any local licensing, or state regulations.
6:50 CEO must be very active in promoting the company. Going to networking meetings, making videos, getting your picture out there, your face at the chamber of commerce meetings. *You have to be passionate about your product or service, and you have to be the one that’s going to promote it.* If you’re not that kind of person, then hire someone to be that person — if you’re not going to do it yourself, it’s still your responsibility for your PR and your image, and really making your company better well known and well thought of. You are the CEO – that’s what you do.

christopherarmstrong
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I want to be a CEO so that i can make so much money to live the life i want, invest and grow.

So sick of poverty 😢

Rebecca-qgpb
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4:00 Work ON the business vs. IN the business = CEO sits above all the other executives (director/VP of: marketing, sales, delivery, administration) telling them what to do and running them on their strategies and action plans. The CEO CREATES strategy and action plans, and replaces themselves on marketing, sales, delivery and management.

christopherarmstrong
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Thank you, as a CEO... It takes your entire life and no one should be jealous of the money we make because it cannot compare to the commitment in securing your team bread on their table daily. God bless all CEOs

flexshe
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None of this seems to be essentially chalked up to one person, a person who is a marketing professional, business analyst, front line managers, legal team and PR department for a big company essentially wouldn’t require a CEO then right?

jhipoulter
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Apparently whatever they do it’s worth 10 million times the average employee for some reason and they can never cut their personal wealth to increase profits they would rather destroy employees lives that make 30k a year

justinoleary
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This is something I wanted to know. Thanks for sharing 👍

Sapnasai
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I found out today I wasn't a CEO, with this knowledge. I now know my Blue collar shop work, does not constitute a CEO position.

chi_chai
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wooow! this blows my mind away. so nicely described, made everything very simple yet comprehsive, I feel like buying his book. although i've read many business books to this date

holiday
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Magnificently authored; akin to a book that excelled in narrative and analytical depth. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight

Bill
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For whoever is curious, a 5% compound interest on $100 per month for 20 years does get you $12, 173, 957.37. However, that would be for a monthly interest which 5% is extremely high and that amount does not account for inflation.

Edit: Accounting for inflation this amount would be worth $4, 424, 016.23 but again that kind of interest would be a bit optimistic.

joaquingarcia
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Are CEOs Owners? Or Higher Appointed Position of Authority of a Company?

ariqahmedansari
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Marketing
Sales
Delivery
Management

yellowdough
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so you basically just tell people what to do and lean back.

dylanvromen
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So the goal of a CEO is to NOT be a worker because fuck the workers, right?

coaldoubt
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How can I book a consultation with you?

KatarzynaTanseyOMSPA
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That’s exactly how to become an average ceo

wqxurnc
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This is just a very long way to say they do nothing.

ImScxrn
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What does a ceo do? Get overpaid and pay all staff poverty wages and tell them to get on government assistance.

bernardwatkins
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Fun at worlk
Responsible for strategy and action

dragoncake