
Episode 66: 'THE ERA of the Modern C.E.O'
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Can operating multiple companies ever be too much!? Welcome to Episode 66 of the Wealth Principles in today's Episode, host Charles Danso explains how the modern CEO is now much more versatile than the CEO of our mom and father's era. CEOs like Elon Musk own and operate many companies outside of just one. However, as Elon Musk himself has stated on many occasions, there are many negatives along with positives in operating multiple companies such as burnout, lack of growth in one company verses another, and individualistic accomplishments trumping the overall success of the companies. Host, Charles Danso uses the struggles of Elon Musk in operating companies like Twitter, Tesla, and SpaceX all at once and how having other individuals operating other companies and focusing on one is more beneficial than harmful in the long run. A question that also arises is, is today's CEO have too much power and say in their companies!? How can a board of directors provide a checks and balances for today's CEO without taking away from the growth and success of the performance of today's CEO. This and many other questions and answers are covered in this Episode.
In addition, make sure to follow us to as we provide our year end wrap in next week's episode, with many updates and special guest appearances.