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Build with Leila Hormozi

The 5 Responsibilities Of A CEO | Ep 247

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 3 March 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

Want to scale your business? Click here.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

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Transcript

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0:00.0

What's up guys and welcome back to build and today I want to go into deep the five key responsibilities of a CEO.

0:09.0

I want to cut through the noise and I want to cut through the BS of what people think it takes to run a company and what you're supposed to do.

0:17.0

And I really wanted to distill it down into the five things that I actually consider my

0:21.3

responsibilities. And, you know, the way that I have come to those responsibilities has been

0:25.4

through a decade of researching some of the top performing CEOs and how they act and what they

0:30.8

focus on with most of their time. And so I want to break that down for you because here's the thing.

0:36.2

Most founders don't fail because they have a bad idea.

0:38.7

They fail because they don't actually understand what their job is.

0:41.8

And so it's like they get caught in the weeds.

0:43.3

They're answering emails.

0:44.3

They're sitting on these endless, ridiculous, pointless meetings.

0:47.5

They're reacting to fires.

0:49.0

Meanwhile, your business is not growing, right?

0:51.5

And so instead of driving the company forward, they let other people's

0:55.5

problems, other people's opinions, and other people's thoughts dictate where their time goes.

1:03.1

And here's the truth. If you don't own the five responsibilities that I'm about to talk about,

1:07.4

nobody else will. Nobody. Okay. And if you don't set the vision,

1:13.4

your team is going to guess what it is. If you don't build leaders, you're stuck making every

1:17.5

decision. If you don't control where the capital goes, it's going to disappear. If you don't

1:21.6

drive culture, mediocrity creeps in. And if you don't remove the bottlenecks, the business is

1:26.5

going to slow down. And so as acks, the business is going to slow down.

1:33.0

And so as a CEO, your job is not to do more. It's to focus on the things that actually drive the business forward. You don't get paid to be busy, okay? You get paid to create clarity,

...

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