.What do successful CEOs have in common? The answer is that they are all different. Some are extroverts, others introverts; some enjoy the spotlight while others prefer to stay behind-the-scenes. But there are a few traits that nearly every successful CEO shares:
1) They take risks
2) They build relationships
3) They communicate clearly and persuasively
“I am not smart enough to understand what I don’t know.” – Mark Zuckerberg
The success of a company depends on its ability to take risks, build relationships with customers and partners, communicate clearly and persuasively, make decisions quickly even when they are difficult or unpopular. The best CEOs have the courage to act for their team members as well as themselves–and that starts with taking responsibility for mistakes.
Here’s how some Vegas Best Buy Ceos demonstrate these traits:
– Paul started his career in retail by opening up Store No. 127 at age 19 while still attending college; he was promoted to store manager four years later—at just 23 years old! Since then, Paul has opened three stores under his management, and he became regional vice president of operations for Best Buy in 2008.
– Weldon has been with the company since 1981–the year it opened its first store in California! He started as a salesperson before becoming district manager at Store No. 127 (estimated to have generated $100 million annually). For his success there, we promoted him to regional director of business development–and he went on to lead our expansion into Mexico and Europe.
– “The only way you can fail is by not trying” – Miki Esparza
Miki was born in Durango City, Sinaloa state, Mexico but moved to Las Vegas when she was just 12 years old so her father could find work. She started her career as a stock clerk and grew to become chairman, president, and CEO of Las Vegas based company The Home Depot.
– Bruce Friday is the President/CEO of one of largest companies in our area–Friday’s Entertainment Inc.–and he attributes his success to having an unwavering commitment to customer service and building quality relationships with employees.
– “You can have all the degrees you want but if you don’t work hard enough or believe in yourself then it just doesn’t matter at all” – Craig Ramm
Craig has had many successes throughout his business career, from starting up two successful businesses: Norma’s Nails & Spa (which was voted Best Salon) AND Z Dance Club (which was voted Best Dance Club) to starting up a new company, The Ramm Group.
– “Success is never final and failure is never fatal” – James H. Brown
James has had many successes throughout his business career, including being President of Zappos–one of the largest online shoe stores in the world with over $15 billion gross merchandise volume (GMV). He also co-founded Vegas Tech Fund which funds early stage startups that are making technology work for consumers in Clark County by investing in our community’s bright future.
– Ken Koller started as an intern at Red Rock Casino Resort & Spa and ended up running it! Hear what he says about success: “I am honored to be named one of the Top Ten Executive Women in Gaming by Casino Journal and I am excited to set an example for others that there are many opportunities within gaming. If you work hard, take risks, and make good decisions then your dreams can come true.”
– The CEOs we interviewed shared how they achieved success through a mix of confidence, humility, creativity and perseverance—traits any business leader should possess.
) AND Z Dance Club (which was voted Best Dance Club) to starting up a new company, The Ramm Group.
– “Success is never final and failure is never fatal” – James H. Brown
James has had many successes throughout his business career, including being President of Zappos–one of the largest online retailers in the world.
– The Top 11 Traits Best Buy Las Vegas Ceos Have in Common
)- Loved ones and community involvement, being actively involved at church or temple, serving on organizational boards for various charities;
) You can’t be successful if you don’t want to put yourself out there,” says Rick Haskins of CH Projects (named one of Nevada’s top 40 CEOs by Southern Nevada Business Monthly). “You have to take risks. When something goes wrong with a project I just say ‘so what? This is how you learn.'”)
I am grateful that my father taught me long ago not only about business but also personal achievement.” – Michael Montero CEO.
