Replay: CEO Mindset vs Employee Mindset - Episode 158

When most people think of running a business, they imagine making lots of money, traveling the world, and working less. May Yeo Silvers calls this the CEO mindset. While this lifestyle is achievable, it requires a lot of groundwork. In this episode replay, she explains the difference between a CEO mindset and an employee mindset.   May points out that letting go of the employee mindset is the first step towards building a successful business, and that entails focusing on investing in your business and being prepared to go the extra mile. Unlike employees, CEOs take on more risks because they are accountable for the outcome of every decision. Before starting a business, it’s really important to understand what being a CEO truly involves.   Tune in to this week’s episode to know the key differences between a business owner and a CEO, the value of investing in your business, and how defining your “why” can help you shift from an employee mindset to a successful CEO.   Quotes • “When you own a business and you know how to run your business, your business is profitable and your business can run without you, you certainly can enjoy the fruits of your labor where you make a lot of money and work very little, very few hours, have minimal involvement in your business, except for critical decisions and communication with your key staff who is running your business. You can take vacation anytime. So, that is the dream life of a CEO or a business owner. But in order to get there, there is some work that needs to be done.” (05:01 | May Yeo Silvers)  • “As a CEO, you are the only person. You have to make all of the decisions and you have to go figure things out.” (07:32 | May Yeo Silvers)  • “In order for your business or your side hustle to become a full-time job, you have got to stop thinking like an employee.” (12:54 | May Yeo Silvers)  • “A CEO is up for challenges. A CEO loves the potential for great results and they're not afraid to fail.”  (15:55 | May Yeo Silvers)   Links If you are ready to turn your passion for events into a profitable business instead of an expensive hobby, your lowest cost of investment to find one of the best resources in the events field is our 24 course Business Kickstart Bundle, at only $24! The bundle focuses on the key pillar of business success: Pricing for Profit, Marketing for Brand Visibility, Sales Strategy to Close Sales, Business Legalities, Mindset and Productivity Hacks!  Click on this link (https://learnwith.mayyeosilvers.com/kickstart-24ob47oto67-podcast) to get your bundle today!   Connect with May at: [email protected] Website: www.mayyeosilvers.com LinkedIn: https://www.linkedin.com/in/mayyeosilvers/ Facebook: www.facebook.com/mayyeosilvers IG: www.instagram.com/mayyeosilvers TikTok: https://www.tiktok.com/@mayyeosilversofficial FB private group: https://www.facebook.com/groups/events4anyone     Podcast production and show notes provided by HiveCast.fm