In the last 30 days, I have had four different CEO/founders come to me about a number of issues that all point to one thing. Is it time to hire an outside CEO/president/COO? I truly believe this one decision is the toughest for any founder/CEO to make. It involves coming to the realization that your “baby” may have outgrown you. Are You Making These Observations? As you go about the day-to-day of running your organization, are you wishing you had another you to help? Are you … [Read more...] about When Should the Founder Hire a CEO?
CEO
Is Your Business Really a Lifestyle?
I think every entrepreneur dreams of taking his or her idea to a start-up and then changing the world with the start-up as it grows to a successful organization (usually measured by higher revenue, profit or employees). What I continue to be amazed by are the number of start-ups that actually turn into lifestyle businesses for the wrong reason. Don’t get me wrong, there is nothing wrong with a lifestyle business. Lifestyle businesses produce great products and services and employ lots of … [Read more...] about Is Your Business Really a Lifestyle?
Don’t You Know Who I Am?
Because we are starting a new year, the idea of New Year’s resolutions comes to mind. Just this week, someone sent me an email and asked if businesses should have New Year’s resolutions just like individuals do. While I have never done this for my companies (with the exception of a financial plan or budget), there are two things that come to mind. If every business and organization were to adopt these Business Resolutions for 2016, it would be a wonderful year. My suggestion resolutions … [Read more...] about Don’t You Know Who I Am?
Ask the CEO—Step 1: Become a CEO; Step 2: Join a Gang
Okay, so I don’t mean a bad gang that will get you into trouble or cause trouble, the gang I’m referring to is a chapter of one of many great CEO organizations that brings CEOs together like YPO (Young Presidents Organization), Vistage, Alliance of CEOs, One Accord, Convene, etc. Just last week, I kicked off the first CEO Peer Group for NACET (Northern Arizona Center for Entrepreneurship and Technology). As I drove home after the meeting, it all came back to me: the importance of a peer group … [Read more...] about Ask the CEO—Step 1: Become a CEO; Step 2: Join a Gang
Reception for ACA CEO
Jan. 9, 1:00-2:30 p.m. at NACETA reception welcoming the new President and CEO of the Arizona Commerce Authority, Sandra Watson, will be held at NACET> This event is open to the public and registration is not required. Sandra Watson brings more than 20 years of economic development experience to Arizona. She and her teams have successfully attracted to Arizona hundreds of companies that have invested billions of dollars in capital and created more than 65,000 quality … [Read more...] about Reception for ACA CEO
Navajo Nation Gaming Ent. to get New CEO
Bob Winter, Navajo Nation Gaming Enterprise (NNGE) Chief Executive Officer (CEO),is announcing he will resign from his position effective January 1, 2013. NNGE Chief Financial Officer Derrick Watchman will be named CEO by the NNGE Board of Directors upon Winter’s transition. Winter, who has served as CEO since May 2007, decided to leave his position as CEO for the NNGE in order to concentrate his efforts on completing the development and opening of the Twin Arrows Navajo Casino … [Read more...] about Navajo Nation Gaming Ent. to get New CEO