30 Tips for CEOs Under 30

There is no school or online course that can teach you to be a CEO. Of course, you can get your MBA or work better but be a real CEO, but nothing more than being a CEO trains you.

I started my own company six years ago and today I manage a team of 19 people. For the past six years the road has been paved with errors, bumps and turns and the journey is not nearing completion. As CEO under 30, I’ve learned a few lessons here.

1. Be grateful

In good times and bad, it is important to take time to notice that you are supported by others. While CEOs always shine in the spotlight and gain glory, it is not without the hard work and support of team members, mentors, salespeople and your family. Make sure you never lose sight of this fact.

2. Embrace the barrier

Your company will not always be at the top and right. Climbing a mountain seems like a good analogy. If you are not ready for some obstacles, get off the ride now.

3. Don’t try to be everything to everyone

The biggest lesson I learned when starting my second company was – choosing a niche. Be the best in a case and don’t adjust whenever someone tells you to do something. How do you do that

4. Say no

It is a special weapon of entrepreneurs. Saying no today means you can say yes tomorrow which is important.

5. Investment in people

Almost every business involves people. If you hire the best people, you will have the opportunity to grow a successful business. Invest in great people to grow your company.

6. Appreciate your team

Be sure to pass all their praise. To be a successful CEO, you need to fall for mistakes and be appreciated by others.

7. Make mistakes

You will often hear the proverb “fail quickly”. I don’t like the popular idea of ​​putting failure on a foot. Failing is not my goal, but you will be wrong. I hope so. The important part.

8. Don’t make them again

Is wrong. Learn from them.

9. Take risks

If you do not make mistakes, you are not taking risks. Push yourself to make big jumps instead of small steps. Big shoots and take risks. You can learn a ton and go further than you can even imagine.

10. Ask your customers

They fuel your business, so you’re out of touch if you don’t talk to them. Whether they are customers, users, clients or partners – your job as a CEO is to talk to them.

11. Hire an accountant

It’s great for a CEO to know how to do every task of your company, but when I’ve been trying to manage books for a very long time, this has been one of my most stressful times. Hire an accountant who can do both dirty work and be a valuable advisor.

12. Know your number

You still need to know how your business is doing. Work with your accountant to identify four or five key performance indicators (KPIs) that really drive your business. Always know these numbers and make a plan for how you are going to improve them

13. Plan your day

To me, this is an important practice. Really spend time every morning planning your day. This will help you to prioritize the important things while avoiding confusion You may want to try my method which will take you less than 20 minutes to get started.

14. Take a vacation

Have you taken one since you started your business? Believe me You need it. Recharging your battery is essential, and you’ll come back with a new perspective on the issues you’re dealing with.

15. Limit your equipment

It’s fun to try new tools and apps to improve your productivity, but define your tool belt so you’re actually using what works. If I want to add a new tool to Lemonley, I try to find something that we can get rid of. One for another.

16. Walk around the block

Move away from the desk and go outside. It makes blood flow, reduces stress and gives new perspectives.

17. Get an Accountability Partner

If you haven’t already, do it today. Meet monthly and tell them what you are going to do this month and how you are going to accomplish it. Be responsible to each other and push each other to get better.

18. Handshake in hangout

The Internet has allowed us to work wherever and whenever This is great, but don’t underestimate the power of handshakes. Get out of Google Hangouts and Skype and meet people.

19. Do things that don’t scale as long as you can

Thanks notes and personalized videos are part of my arsenal. Not this scale? By no means. Is it memorable? You sell

20. Take care of yourself

How is your body Are you having lunch Take a list of your lifestyle and fitness. This must come first.

21. Use “we” instead of “I”

The language you use as a CEO is very important. Check out the personal, included pronouns I and I like at the door. It takes a village.

22. Continually evolving

Are you working on a new skill development? Have you read a book lately? Don’t get stale or think you know everything. You must evolve.

23. Gather advisors

It doesn’t have to be a formal board that meets quarterly, but do you have advisors for your business? I have a group of four that I try to meet for quarterly coffee or phone calls. These conversations always prove to be extremely valuable.

24. Document your thoughts

Make sure you don’t keep your ideas and thoughts in the vault. Record them through notes, notation, or other people, but make sure you pass them on so they can be discussed or acted upon.

25. Don’t drink your own cool aid

The growth of media, your friends, and Facebook likes are all telling you how great you and your company are.

Danger ahead! Make sure you don’t drink your Cool Aid and don’t get complacent. There is always work to be done and there is room for improvement.

26. Make sure you have competition, but don’t care about it

If you don’t think you have competition, you’re a fool. If you think about your competition, you get confused. Know the competition exists, but don’t spend any energy on them.

27. View your business from 30K feet

Away from business. Looking at your company from a distance can give you a different perspective. Try an offsite team meeting to think about the future and get everyone’s insight into what’s working and what needs to be fixed.

28. Integrate work and life

As an entrepreneur, work-life balance is almost impossible. I try to combine the two. The lines are completely blurred today so you can’t separate the two. Instead, try to harmonize the two.

29. Create a Legacy

Have you ever asked yourself the question of inheritance? What will you leave behind? How will people remember you? You can’t think about inheritance in the end. Start thinking about the part of your job and how it will define your legacy. Do only the important things.

30. The journey always loses the destination

These 30 lessons I learned just six months before my 30th birthday, but I did not finish learning. The most important lesson I have learned is to enjoy traveling. Embrace the climb to the top and compliment all the people on the way up with you.

John T. The mayor believes that more or less. He is on a mission to help people understand the world through infographics and focus on his writing. John is the CEO / co-founder of Lemonley, author of a weekly newsletter Call Point Letter and a member of the Young Entrepreneurs Council. In 2013, he was named one of John Entrepreneur Magazine’s Top 10 Emerging Entrepreneurs, and in 2010 he was one of Bloomberg Businessweek’s Top 25 Entrepreneurs Under 25. John loves to cheer the Minnesota Twins, loves spending time with his wife, and is proud to be a South Dakotan. .

Image Credit: quotes-kid.com

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