Stories and lessons from the struggle and success of those who have realized their entrepreneurial dreams whether as first timers or veterans.

the ceo magazine, gig economy,
Marion McGovern, Author, Thriving in the Gig Economy

Clearly the gig economy is here to stay. The trend toward independent work is accelerating as more and more people abandon long term corporate employment for consulting and/or freelance careers. Driven by a desire for flexibility, control over the content, location and impact of their efforts and often a desire to make more money, the ranks of the self employed as a percentage of the US workforce has increased by 50% in the last 10 years from 10% in 2005 to 15.8% in 2015.

the ceo magazine, leadership qualities,
Les Trachtman, CEO, The Trachtman Group

The biggest challenge that a founder or early stage company CEO faces is oddly not survival of his company but how his role needs to change as his company grows and matures. Many leadership transitions (founders being fired) occur when the company’s needs grow faster or in different direction than the CEO’s capabilities. In fact studies have shown that the more quickly a company becomes successful, the more likely it is that its founder gets replaced.  Fast scaling organizations require a chameleon like leader who can acquire new skills as his environment changes.  Those that don’t are replaced. It takes a deep level of self-awareness for a CEO to realize this is occurring and a level of maturity not found in many to do something about it.  Knowing when to continue to climb the leadership value ladder and when to gracefully dismount is the key to avoiding an uncomfortable, abrupt and often destructive CEO transition.

the ceo magazine, innovation,
Dr. Sean Wise, Professor of Entrepreneurship & Seed Stage VC

You may be wondering what an author of a book subtitled "Know When to Quit Your Day Job" would have to tell CEOs. But in truth, it is the book's main title that you need to focus on, Startup Opportunities. My co-author, Brad Feld, the investor behind Techstars, Fitbit and Makerbot and I have collectively seen more than 20,000 startup opportunities pitched for investment. That's more than 10 times the number of deals that have appeared on America’s hit show Shark Tank. Just like the founders that pitch us, Brad and I are constantly in the process of opportunity evaluation. 

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