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What is it like being a CEO?

Hi. I want to know how is it like working for a business person like sitting in the office filing paper and all. I know it takes a hard worker to do everything in one day, But what is the quality of work you do and if so how much will you get paid? #business #ceo

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Thank you comment icon I'm not understanding your question. Are you asking what it is like to work as a CEO or are you asking what it is like to work as a business person for a CEO? The CEO is the Chief Executive Officer, who is the most senior executive at a large business and runs the entire business. Gary Toscano
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Evangeline’s Answer

Hello,


I am not a CEO but I work for a major global company and had seen our CEO in action. There is a lot of pressure and decision making involve in being a CEO. You will report and answer to the Board of shareholders. These are people who has major investment and ownership of the company. You need to be analytical because there'll be Financial statements that you need to review and present to the board quarterly and annually. You are responsible in the solvency of the company, setting up goals, vision and direction and appointing other executives to help you run the company. You will be write many, many memos; hold meetings and give out speeches to large crowd of people.


And yes, there are perks! You get to travel but it is mostly for work. You'll get paid 6 figures or more and you are given shares to the company. You'll also get a Top hat plan towards your retirement.


I hope that helps!
Thank you comment icon Hi, I am not a CEO but I am an internal auditor that dealt with many CEO in different companies and industries. I must say that the role of CEO in a company is very crucial as he/she provides oversight to the operation of the company. A CEO must have good understanding of the business, industry and financial matters of the company. He/she must have a good vision of the future in order to keep the company on track and flexible with all the changes in its industry and technology-wise. Also, He/she must have a good relationship skills as he deals with the company's shareholders, investors, executive management and employees. For the benefits, CEO gets the highest salary in the company normally 6-digit or more. Normally, company will provide an accommodation and company car for its CEO. Catherine Samson
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Katherine’s Answer

I am a CEO for a small business. I have to know how much money the business has, and what the business goals are (or create or help create the goals).

I have to look like a reasonable person in my attitude, dress, and how I treat people, when I'm anywhere where it might become important that they would know I'm a CEO...that's in places related to work and places related to socializing and casual life.

I have to learn a little more all the time about what businesses are doing these days, and learn what would be the best ways for my business to achieve its goals without spending a lot of money or doing anything wastefully.

I have to let clients know what services our business is making available, and invite them to let the people around them know more about our business, in case the business can help more people that way.

I have to make sure the employees of the business have been trained to represent the business and do their work, and that everything about the business is running smoothly.

I stay on top of what dates on the calendar are important for getting business paperwork done with national, state and local government, or are important for company meetings.

I attend and run company meetings and make sure the company bylaws are updated, agreed upon, and understood.

I make recommendations about how to get more exposure for our business on all the technology platforms that keep being invented.

My salary is dependent on how well the business is doing, and I take pay cuts before other employees or officers, and make sure the business will have enough money to cover expenses before I worry about how much I'm going to get paid. My business is set up so that I am paid a percentage of business profit, rather than a fixed dollar amount. That differs by CEO position available.

I can work up to 12 hours a day without it being considered overtime. I can decide my own work hours. I get up in the morning and do whatever is required to keep the business running smoothly that day. Certain times of year can be busier than others for the work tasks that need to be done.

I hope that helps!

Katherine recommends the following next steps:

Decide what sort of business you'd want to be a CEO for.
Learn about company bylaws.
Learn about business banking.
Read The Outsiders by William Thorndike.
Read some books or articles about business law, or prepare for and take the CLEP or DSST tests about business law.
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Rowena’s Answer

Hi Dear,

I'm not a CEO; I am a Senior Finance Officer in a big 4 Auditing company. Being a CEO whose primary responsibilities includes making major decisions, oversee the operations and resources of the company. A CEO must have a courage, compassion, good communication skills and a great leader to run the entire company.
CEO's compensation and benefits differed substantially based on the industry type of the company.
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