What Drives a Business
Trading goods and services for money could be referred to as a business. Every business requires enough customers and some form of investment to which its output can be sold on a consistent basis to make a profit. There are state-owned, privately owned and non-profit businesses across the globe.
“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. Greg Lindberg, is an American business executive who owns several companies and a graduate of Yale University where he earned an honorary Degree in Economics in 1993. He founded Eli Magazine while a freshman at Yale and without aid he skyrocketed the company to 5 million dollars in revenue. The CEO of a regional telecommunications company, never thought he would become a CEO as he started out in humble beginnings in sales than marketing and changed profession to non-profit sectors as an assistant director. Throughout his hustles, he gained new experiences and learned new skills. One of the most important lessons he learned throughout that shaped him to be a CEO was he learned to listen 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.
Being skilled and experienced at the job one is intended to head is an important element. A business organization is usually headed by a 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. Making of goals and strategies also involves the chief executive officer; he’s also supposed to implement those goals and strategies.
He or she may participate in civic and professional association events representing the organization, and he or she may also engage with the media to respond to organizational and industry news. For many, it will certainly take a few wrong turns along the way and trial and error. In no time, with perseverance and hard work, they also find a job they love.