Gets a call from a CEO interested in partnering. "I hear you helped Jack improve his bottom line by $2M. I want you to do that for me." Of course you do!! Who doesn't want that?!
Over the last twelve months, we've had the privilege of working with more than a dozen high growth organizations. And, during that time, we've seen some incredible successes. And, some really impressive ROIs - with clients typically realizing a $1.5M return for every $100k invested in our firm. But, not every CEO sees those types of returns, while some realize far more.
And, we couldn't help but notice that most financially successful high growth companies are led by a certain type of CEO. Embodying specific traits that help their business thrive, and achieve long term success.
Traits of Super Star CEOs
• No Ego: Humility and Openness
Superstar CEOs are humble. They listen to feedback, take advice from their team, and prioritize the company’s success over their own. This lack of ego helps them make decisions that benefit the whole organization.
• Level-Headedness: Clear and Rational Thinking
These CEOs stay calm and composed, even when things get tough. Their ability to think clearly and stay rational, without letting emotions get in the way, is crucial for making smart decisions.
• Champion of Culture: Leading by Example
Superstar CEOs know how important a positive and productive workplace culture is. They lead by example, setting the tone for the company and living the values they want to see in their team. This dedication to culture results in higher employee engagement and performance.
• Deep Investment in the Business: Hands-On Leadership
These CEOs are deeply involved in their business. They’re not just showing up for a few hours; they live and breathe their business, and are fully engaged in all aspects of the business. This hands-on approach keeps them connected with every aspect of their business.
• Fiscal Responsibility: Prudence and Discipline
Being financially responsible is a key trait of superstar CEOs. They understand the importance of smart financial management and make decisions that balance short-term gains with long-term stability. Their disciplined approach to budgeting and spending keeps the company financially healthy.
• Innovation and Vision: Seeing Beyond the Horizon
These CEOs aren’t afraid to go against the market trends. They have a knack for knowing when change is needed and the guts to make it happen. Their innovative mindset drives the company forward and keeps it ahead of the competition.
• Bravery and Tough Decision-Making: Courage in Leadership
Superstar CEOs are brave. They make the hard decisions, even when it’s personally difficult or involves tough conversations. Whether it’s letting go of a friend or making major changes in the organization, they do what’s necessary for the company’s success.
The Impact of Superstar CEOs
We've seen it firsthand. And, can assuredly say that a superstar CEO has a huge impact on a company’s success. Driving significant returns on investment, building a thriving culture, and guiding the company towards sustainable growth. Their mix of humility, clear thinking, cultural leadership, deep investment, fiscal responsibility, innovation, and bravery sets them apart from the rest.
And to be clear. These traits aren't just nice to have. They're essential for achieving lasting success. By embracing these qualities, CEOs can lead their companies to new heights, realizing substantial returns on investment, while fostering a culture of innovation and excellence. Or, #Winning.