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Book Quotes Career planning Entrepreneurship Influence Leadership Strategy

Your a CEO of business working for the owners of the business and you are ready to move on.

Your a CEO of business with non execs that own the business and you are ready to move on, as you feel stifled. You love the business and you believe the business has great potential. You are restrained by the founders and owners, you are ready to do something else.

Owners who create, built and grow the business after many years decide to step back due to retirement, other business opportunities, personal circumstance and appoint CEO. The CEO is limited by the law of lid. First chapter of John Maxwell’s book on the 21 irrefutable laws of leadership  https://www.amazon.com/21-Irrefutable-Laws-Leadership-Anniversary/dp/078528837621 irrefutable. Often the CEO is restricted in where he/she takes the business due to the founders expectations, thinking and interference in the daily business.

Over time the CEO becomes frustrated and look outside for a new career opportunity, when the answer could be to look at alternative ownership structures for the business. The owners may want to sell out, realise their investment and they are looking for exit, as CEO you can facilitate by an industry buy out, private equity sale or a management buy out.

Each needs a thorough understanding of the market and the opportunity for the buyer. It’s a time to call on your network for assistance, advice and introductions. Once you have researched the possibilities, then approach the owners for their support.

The worst that can happen is the owners are not interested in selling business, the only thing you have lost is time. On the other hand if they are keen you are now running your own business.

The alternative to leaving may very well be the best opportunity to back yourself and give back to the owners.

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Career planning Mentoring Personal development

Tips for young women starting out in their career

carreer womenIf you are career minded and want to get on, there are 5 things to start doing now, don’t leave it too late to achieve the following:

1. Sales and Finance

Both skills can lead you to a CEO role. Rarely is the top role filled from other disciplines in a business. So nailing one or the other or both, is essential is you plan on getting to the top. Sales has had a bad wrap, but it is the best place to prove yourself by delivering outstanding results.

Action: Land a sales role or finance and get exposure to the other, by working with those teams, understand what they do and how you can learn from each other.

2. Public speaking

If you are not able to hold a room, then your career will come to a screeching holt. No matter how good you are, public speaking is key.

Action: Join Toastmasters and practice practice practice

3. Mentors

Find great mentors inside and outside the business. Ask your boss to help find the person in your organisation. Outside ask your family or friends. Once you have established contact, its your responsibility to schedule the catch ups ie once a month.

Always go prepared with questions for your mentor. This is a great opportunity to seek out advice on how to deal with situations, understand what they have done to get on in their career. Most important: Be vulnerable.

Ensure you thank and acknowledge feedback. Get comfortable as you cannot get to where you are going without feedback. It’s a lifetimes work.

4. Networking

Meeting new people, making new connections, helping them with their goals, is the only way to get on in life and business. It’s also gratifying helping others and they never forget your generosity. Use every opportunity to get out and network.

A great read, to help you learn and implement great connection with others is How to win friends and influencers people by Dale Carnegie

5. Develop an opinion on whats happening in the world

Not only develop an opinion, share and challenge others. This will build confidence. You dont have to agree with anyone, be seen as holding your own views. One of the criticisms of women by senior men, is that women don’t have an opinion on whats happening in the world.

Also look at your behaviour, ie giggly girls is not how you want to be remembered.

Good luck with your ambitions, ensure you get as much support as you can and remember to let others know your plans along the way otherwise they will fill the void with wild assumptions that I can guarantee are not going to help you. As my business coach says to me ” never die wondering” in other words ask the questions and speak up!

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Book Quotes Career planning Coaching Leadership Personal development

When talking about past successes holds us back

When we talk about past successes and compare with the present; where we dont feel as successful, we are in a heap of trouble. This behaviour and language can be crippling and stopping us from moving forward. I constantly reminding colleagues that I have completed three successful start ups, why because I could not reconcile why I had not achieved the same in a corporate. Apart from being completely different the whole thought process was holding me back.

In the words of Eckhart Toll, in his book the power of now, chapter named mind strategies for avoiding the now, he talks about energising the past and more likely you are to make a “self” out of it. The hanging on, drags you down as you are not in the present. This is a must read if you are constantly referring to past successes.

With a coach I was asked why do I keep referencing my past, at the time I knew it was holding on to success in the past, what I did not realise was the impact it was having on me in the present.

Let go of past success and focus on now, how can you make a difference? How do you show up? Let go of the past, because now is when you can make a difference. It really shifts your behaviour and thinking.