One of the hardest lessons for CEOs to learn is: You can’t do everything. This was especially tough for Danny Peykoff because he’d grown up watching his father do just that while running the family business, Niagara Water. But when Danny became the CEO of Space Jam, he discovered that letting go and delegating were essential if he was going to grow into the kind of leader that the expanding company needed.
On today’s show, Danny discusses how to grow as a CEO and how he narrowed his focus to four key activities that were essential to making BIG happen.
It’s very easy for CEOs and entrepreneurs to get so wrapped up in our businesses that we feel like we ARE our businesses. Then a personal crisis snaps everything back into focus.
For me, it was when my son was diagnosed with a brain tumor.
For Carol Clinton, it was opening a dream skin care business with her husband – at the cost of their entire life savings – only to find herself in an operating room one week later having surgery for ovarian cancer.
On today’s show, Carol discusses how her experience affected her perspective on business and life and offers advice for how CEOs can keep a personal crisis from derailing their companies.