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Being a CEO is both challenging and rewarding. Part of the challenge is understanding exactly how your business works. Of course, you can hire people to perform other business functions, but there are two things you should not delegate. If you can have these two things nailed, you’re guaranteed to crush it. Do you know what these things are? Sharran will walk you through these two critical things using real-life examples from top executives of well-known organizations.
“Conceptual understanding of the entire value chain and mechanical mastery over the core value driver; If you can have these two things nailed in your business, you are guaranteed to crush it.”
– Sharran Srivatsaa
Timestamps:
00:00 There are 2 Things every CEO or entrepreneur should have.
00:58 Most Top CEOs do this thing really well. Just look at Amazon.
02:53 The second thing a CEO should master. Sharran shares an example from Teles.
05:17 Understanding your internal and external core value driver – The Zappos Way.
05:52 The difference between small business owners and top business owners.
08:14 Can you confidently explain how your business works to someone else?
Resources:
–Grab Sharran’s 4-Week MBA for Free