What considerations should you make to become a legendary CEO? On this episode of Questions and Cocktails, Christopher Lochhead answers this question and offers his real-life perspective on designing a legendary career.
“I have learned more by being on a few winning teams than I ever learned from being on losing teams.” - Christopher Lochhead
Sorting Out One’s Priorities
How do you find the right job given a specific goal of becoming a CEO? Christopher says that this conversation has been a constant over the years. Just how do you pick the next opportunity to ensure your success?
It seems that many people make career decisions in the complete opposite manner he personally would. A lot of the people he would talk to usually pick salary first, then title, the actual job, and lastly, the potential of the company they will be part of. And while this thinking is understandable, it often isn’t the right way to go.
Team Potential is Important
Christopher would suggest inverting this list, that is, to put potential first before anything else. When making a career decision, ask yourself if you see a company’s potential for growth and its category potential. Mull over the possibility of the company becoming a category king or queen, or if they already are, whether there is a new category opportunity they will prosecute or expand.
It is better to ride on the bench for one of the greatest teams of all times than be a starter on the team that sucks. And it is also important to stumble a few times to learn what you ought not to do. But you should also be able to taste true success and you can only do that by becoming part of a team that will offer you the right opportunities.
Other Things to Consider
The job comes second, then the title. And while money matters, the economics will take care of themselves once everything else is in place.
To hear Christopher expound on these points, download and listen to the episode!
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