What Drives a Business
A Business can be referred to as an economic activity or an organization where services and goods are exchanged for one another or money. to make a profit, every business requires some form of investments and customers in which its output will be sold on a constant basis. Businesses are of diverse nature and origin for we have state-owned companies, privately owned businesses, and multinational businesses.
One of the questions that pop up in the minds of most adults and children is “What do you want to be when you grow up?” Greg Lindberg, is an American business executive who owns several companies and a graduate of Yale University where he earned an honorary Degree in Economics in 1993. As a freshman at Yale, he founded Eli Magazine and bootstrapped Eli Research to $5.0 million in revenue without any outside capital. The entrepreneurial journey of Greg Lindberg is long but full of success. He learned new skills and gained new experiences throughout his hustles. Listening is one of the attributes he learned that molded him to be a CEO. Their investment size ranges from $1 to $20 million for healthcare & financial sectors, $1 to $40 million for industries & services, marketing & sales and less than $200 million for insurance (revenues under $100 million). As a CEO himself, Greg Lindberg knows that it can be difficult to define what a CEO does.
To excel in chief executive post one has to be good at all the aspects of the whole job or organization. A business organization is usually headed by a chief executive officer. His or her main initiative is to develop and implement a strategic plan for the organization and ensure that the plan is being integrated into the organization’s operations. CEO will report to a Board of Directors or another governing board or group of officials who will judge his or her performance and determine whether or not any adjustments in pay and benefits are warranted. For government agencies, the CEO would be the head of the agency and report directly to the governor, President, etc. If the CEO is also the founder and owner of the company, there may not be a reporting body at all. Making of goals and strategies also involves the chief executive officer; he’s also supposed to implement those goals and strategies.
All the activities that require the business to be represented are always attended by the chief executive officers. People who did not attend university or college and who went straight into job market, and a found one they love, they are the lucky ones. In no time, with perseverance and hard work, they also find a job they love.
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