An owner and chief executive officer (CEO) holds the highest position in any given company. Their primary responsibilities include making major business decisions, overseeing the overall operations of the company, being the public face of the company, and serving as the main point of communication between the board and the company's operations.
A CEO spends a lot of their time holding business meetings and developing strategies for their company. They are also heavily involved in PR events and maintaining relationships with key stakeholders. Moreover, they work closely with other C-level executives and may also perform the functions of these leaders when needed.
Most CEOs have bachelor's or master's degrees in their respective industries, but anyone can put up a company even without formal education. CEOs also have varying levels of experience, with more successful companies hiring candidates with years or even decades of industry experience. Apart from these requirements, a CEO must have exemplary skills in leadership, communication, business strategy, and client relations.
The salary of a CEO is highly variable depending on the success of the company itself. Some CEOs make $40,000 to $50,000, while others make well over six digits every year.
There is more than meets the eye when it comes to being an owner and chief executive officer. For example, did you know that they make an average of $55.62 an hour? That's $115,700 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
There are certain skills that many owner and chief executive officers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, leadership skills and management skills.
When it comes to the most important skills required to be an owner and chief executive officer, we found that a lot of resumes listed 13.2% of owner and chief executive officers included web content, while 8.1% of resumes included payroll, and 7.3% of resumes included financial management. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the owner and chief executive officer job title. But what industry to start with? Most owner and chief executive officers actually find jobs in the manufacturing and retail industries.
If you're interested in becoming an owner and chief executive officer, one of the first things to consider is how much education you need. We've determined that 47.0% of owner and chief executive officers have a bachelor's degree. In terms of higher education levels, we found that 11.0% of owner and chief executive officers have master's degrees. Even though most owner and chief executive officers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an owner and chief executive officer. When we researched the most common majors for an owner and chief executive officer, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on owner and chief executive officer resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an owner and chief executive officer. In fact, many owner and chief executive officer jobs require experience in a role such as general manager. Meanwhile, many owner and chief executive officers also have previous career experience in roles such as manager or owner.