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What to do to become a CEO? | The Secret Formula

 Well, many people have the question about what to do to become a CEO.

In my opinion, anyone can become the CEO of their own company.

All you have to do is decide on a business structure, figure out the goods or services to sell, sort out the fundings and go for Online Company Registration.

But if you do not want to start a company and be the CEO of a well-known company like Google. You will have to study a lot and gain experience by putting in the extra effort.

But, what is the role of a CEO:

A CEO has to make the biggest decisions of a company that affects the overall operations and hierarchy. Also, they must manage all the resources and work of the company. Though, the extent of work depends on the size and structure of the company.

In a small company, a CEO may be involved in mid and low-level decisions due to understaffing. Whereas, in a big multinational company, the role of the CEO is to make high-level strategies involving growth and task assignments.

What are the requirements to be a CEO?

  • Acquire a Bachelor/Masters Degree

The first step to start your career in any field is to get a degree.

Therefore, to become a Chief Executive Officer, you will need a degree to be eligible for the position unless you start your own company.

Above all, it is not mandatory to have a degree in the business field if you start your own business. However, the companies prefer a graduate from the business administration field for the position. You can choose from the following degrees:

  • Bachelor’s in Business Administration (BBA)
  • Bachelor’s in Organizational Leadership
  • Bachelor’s in Accounting
  • Bachelor’s in Economics
  • Bachelor’s in Finance
  • Bachelor’s in Management

Although, the role is not limited to degrees. They are responsible for the overall efficiency and effectiveness of the company.

  • Learn from Experience

Before entering the role, you must gain first-hand experience and knowledge about all the low to high-level tasks.

You cannot become a Chief Executive Officer overnight. Therefore, you have to enter this field step by step, starting from the entry-level job.

You may be able to achieve this faster by shifting jobs and gaining experience in multiple companies. Besides, most CEO’s have achieved that by being in the same company and achieving ranks.

Ensuring the person in charge knows about the environment and working structure of the company.

What is the Salary of a Chief Executive Officer?

The salary in this position can range from anywhere between Rs. 2 lakhs – 1 crore per month in India.

How many years does it take to become a CEO?

According to a study, it takes 16-24 years to become a CEO in a big company.

So if you are looking about what to do become a CEO then you must also know that it takes a lot of time too.

However, if you start your own company, you can be a CEO from the day it is incorporated.

To sum up, you can do anything and become anything you want if you put effort. The pressure on this position is extreme, but the fruits that it bears are also sweet. Also start your own company in Mumbai like city where life changes in a day and go for company registration in Mumbai to begin.

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