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If you have ever signed the front side of a paycheck you know the difference in life and business between being a business owner and being an employee.
You know how hard and important it is to be responsible for the future of your company and your employees.
There are several traits of every Great CEO.....

1. Henry Ford said; “whether you think you can, or think you can’t, you are right.” Believe in yourself because you are always right.

2. Are you in control of your situation in life and business? What is your attitude toward the everyday life things that happen in everyday life?

3. Harvard University says that the one thing we humans have in life is 100% control of our attitude or mindset. We have 100% control in how we look at things and how we respond to situations that happen. Our attitude influences our mindset and behavior. We decide whether we are in a good mood or a bad mood. We choose how we accept or reject criticism and whether we implement changes to correct what caused this input.

4. Great CEO’s look at their businesses to see how fast and why they fail so they can learn and move on to the next project. As humans we learn from failing. You cannot read a book and then jump on a bike and ride it. It takes a little falling and getting back up to master riding a bike. This is how we learned to walk and run, we fall a few times. Failing fast allows us to learn, decide if this venture is worth it and then move on to perfecting the project or scraping the idea altogether. Failing fast is in the nature of the internet. It is inexpensive to test, fail and move on.

5. Attitude is simply the voice within your head, your self talk, and your inner voice that determines where your mind wants to go and how it creates your future through using the law of attraction. We have all done it, your standing at the golf tee box and there is water on the left and you tell yourself to “Not” hit it in the water as you step up to address the ball. Where does the ball go when you do hit it? It goes to the water because your mind can only dwell on one thing and it cannot go to the opposite of where you are thinking. You are saying to your self “don’t go to the water” but your mind hears “go to the water”. Your target should be clear and focused and your mind will take you there.

6. Great CEO’s are careful with whom they hang out with. Who do you surround yourself with and are these people mentors at a level you are going to - or a level you are coming from? Successful executives make decisions based on where they desire to be tomorrow. It doesn’t matter where you came from, it matters where you are going and the decisions you make today on how to get there. Everyone else uses yesterday and the things that have happened to them to justify not going forward. They have a victim mentality instead of a proactive and overcoming attitude. What is your attitude? Are you making excuses to not start a new business? Write that new book? Are you afraid of leaving that dead-end and low paying job? What is keeping you from going for your dream? What would you do if you knew you could not fail?

7. The Pareto principal proves the 80/20 rule and this rule is more like a 95/5 rule in today’s economic and technology environment. Pareto’s rule says that 5% of the people make 95% of the money. 5% of the people graduate to become business owners. 95% are employees. The 5% makes more money because they take the risks and receive the reward for those risks. The 95% take what seems to be the safe road as employees and sacrifice income, being told when, where, and how to do their work. The 5% make the rules and 95% follow them. 5% of people take classes to improve their business skills, 95% don’t. 95% of people driving in their cars are listening to music or talk radio and 5% are listening to self-help books on CD/MP3. What are you doing to place yourself in the 5% category?

8. A great CEO does not try to do it all. The great CEO identifies their skill strengths and also identifies the things they do not do well. A great CEO builds a team that includes skill sets he/she does not personally excel at. Then while doing what he/she does best, they give their team the authority to do what they do best.

9. A great CEO finds ways for his team members to have victories in their work and personal lives. This creates an environment where employees love what they are doing and they then look forward to the next victory. This creates a “Buy In” attitude of loyalty, success and doing what is right for their company.

10. 5%ers do what the 95% are unwilling to do. They step out and do the thing that is hard, risky and uncomfortable.

11. A great CEO identifies their sectors business trends and works strategically and not tactically. Strategy involves working proactively, Tactics are reactive. Strategic planning thinks into the future. Tactical thinking is the reaction after the competition has moved in down the street and they then must to react to survive. The great CEO studies trends and technology and is thinking several steps ahead of the competition and creates fear in the competitors minds and plans. What are the mental maps you have in your mind?

12. Great CEOs connect to the mind maps of the prospective employees, partners and investors. Informal education is not a reliable indicator of the skills needed to become an employee, partner or investor. A great CEO will ask the “questions of passion” - what seminars, workshops, symposiums, DVDs they watch. What books, classes, webcasts, teleseminars, conferences have they involved in their lives. Look for diversity in your employees, board members and investors.

13. Great CEO’s design their employee contracts to have stipulations where at the end of every sentence/clause describing what the job functions as an employee are; “Failure to perform these tasks will be seen as an act of resignation.” This is strategic thinking.

14. Great CEO’s always empower their teams and clarify the company/employee expectations through a mission statement.

15. A mission statement should include in this order; who, what, when, where, why and how.

16. Great CEOs have a roadmap of where the corporation is going. They start at point A and know where point B, C, and D are along the path.

17. Great CEOs have a 4 step roadmap of how to make quick decisions.

A. The brain needs to see the problem/stimulant
B. The brain then needs to rationalize the stimulant
C. Recourse – what are the organized options or courses of action
D. Commitment – Proceed – Your brain always commits to options it sees as viable - your brain will hesitated in execution when it doesn’t think the answer is viable.

18. A Great CEO understands the 4 reasons why someone is going to buy their product. Are you……..
A. Better
B. Faster -
C. Cheaper – What is your Bang for the buck or Value
D. Different

19. Look to the leaders of the past and implement their best practices.
A. IBM taught us technology – Everything is technology driven today.
B. FORD taught is assembly line and getting groups of people working together.
C. McDonalds taught us a systems/template. They have a 110% employee turnover rate yet they continue to thrive due to great systems.

20. Success through positive mental attitude. Look inside to see who is in your head. You will see people from the past that had a positive or negative impact on your life to date. Wipe the negative people from your mind and visualize the positive people to see them encouraging you toward your dream.

21. There are 5 types of people you should have on your board of directors.
A. Have a family member on your board.
B. Have a friend on your board.
C. Have someone in your profession on your board.
D. The single most successful person “that you know” should be on your board.
E. The under-dog – the person who has faced adversity and has overcome. This person will see you through the tough times. They will show you how to be resilient and get back up when you fall.

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