What Drives a Business
An Activity for the Exchange of goods and services for money can be referred to as a business. to make a profit, every business requires some form of investments and customers in which its output will be sold on a constant basis. Businesses are of diverse nature and origin for we have state-owned companies, privately owned businesses, and multinational businesses.
“What do you want to be when you grow up?” this is one of the questions that pop-up in most children and adults most of the adults find themselves unmotivated and hate their jobs while others find themselves engaged. Among the most successful business executive in this century is Greg Lindberg; he has several companies in his name. As a freshman at Yale, he founded Eli Magazine and bootstrapped Eli Research to $5.0 million in revenue without any outside capital. He started out in sales, marketing and changed his profession to an assistant director in the non-profit sector and later becoming a CEO of a regional telecommunications company. In the course of establishing his businesses, Greg Lindberg was able to acquire new skills and competencies. Listening is one of the attributes he learned that molded him to be a CEO. The firm seek to trade with companies operating in the fields of healthcare, financial services, insurance, marketing & sales and other industries. They acquire majority stake and provides financing for buyout, growth capital, and corporate divestiture transactions.
There are some common aspects of the job that most CEOs will have to deal with to be successful. The leading person in a business organization is the chief executive officer. The chief executive officer is usually charged with the role of carrying out a strategic plan. The work of the CEO is usually checked by the board of directors. The governor of a business agency is required to receive and act upon the reports of the chief executive officer. Sometimes it might be tricky in cases whereby the chief executive officer is the owner and the founder of the business company since there might be no oversight body or persons. Whether the CEO reports to a Board of Directors or not, his or her job will be to subdivided and directed to other executive leaders.
In most cases, the CEO will also serve as the face of the organization. People who did not attend university or college and who went straight into job market, and a found one they love, they are the lucky ones. Passion is the greatest driver of businesses and many other ventures.