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Why You Should Start Thinking of Your Career Like a Business and Develop a CEO Mindset
Thursday, October 10, 2024

Do you ever feel like your career is just happening to you, rather than being something you’re actively shaping? It’s easy to get caught up in the day-to-day grind and lose sight of the bigger picture. But here’s a powerful mindset shift to consider: start thinking of your career as a business — and you are the CEO.

So, what does this really mean? Taking ownership of your career means setting your direction, making strategic decisions and actively shaping how others see you. When you adopt a CEO mindset, you’re no longer just a participant in your career — you become its leader, making deliberate choices that guide you toward growth and success.

In this post, I’ll outline what adopting a CEO mindset entails and share practical ways to apply it to your career, regardless of your role or industry. Shifting to this approach can help you identify new opportunities and position yourself for long-term success.

Why Is This Mindset Shift So Important?

The CEO mindset is important because it moves you from being reactive to proactive. Many professionals go through their careers waiting for the next opportunity, hoping for a promotion or relying on others to recognize their value. But when you treat your career like a business, you’re in control. You make intentional choices that align with your vision, rather than passively waiting for things to happen.

It’s about moving from “I hope” to “I decide.”

Here’s why this shift matters:

  • You prioritize growth. When you think like a CEO, you focus on the bigger picture — not just what’s happening today, but where you want to be in five or ten years.
  • You’re not afraid to take risks. CEOs understand that growth requires stepping out of their comfort zones. Similarly, this mindset will encourage you to say yes to new roles, projects and challenges from which others might shy away.
  • You build a strong foundation for long-term success. Viewing your career as a business means setting clear goals, building valuable relationships and positioning yourself for opportunities down the road.

Ready to adopt a CEO mindset? Here’s how you can start thinking like the CEO of your own career:

1. Set Your Vision and Define Your Goals

CEOs don’t wait for opportunities — they create them. They have a clear vision of where they want to take their company and set measurable goals to get there. The same principle applies to your career.

How to Set a Career Vision:

  • Visualize your ideal career path. What kind of role do you see yourself in? What skills do you want to develop? With whom do you want to work?
  • Set SMART goals. Make your goals specific, measurable, achievable, relevant and time-bound. For example, instead of saying, “I want to be more successful,” try, “I want to become a department lead within the next three years by taking on more leadership responsibilities and networking with senior executives.”
  • Break it down. Outline the smaller steps you’ll need to take to achieve your big-picture goals. Having a step-by-step plan helps make a long-term vision feel less daunting.

Pro Tip: Write down your goals and revisit them every few months to track your progress and adjust as needed.

2. Take Calculated Career Risks

Growth comes from stepping outside of your comfort zone. CEOs understand that sometimes you have to take risks to achieve big rewards. This mindset can help you seize opportunities that might feel intimidating but are essential for growth.

How to Take Smart Risks in Your Career:

  • Look for projects that push your boundaries. Volunteer for tasks that require skills you’re still building, or take on leadership roles in areas where you have less experience.
  • Embrace uncertainty. Taking a leap might feel uncomfortable, but remember: discomfort is a sign that you’re growing.
  • Be strategic. Assess potential risks and rewards before jumping in. Ask yourself, “What’s the worst that could happen?” and “What could I gain if this goes well?”

3. Build Your Personal “Board of Advisors”

No CEO makes decisions in a vacuum. They surround themselves with advisors, mentors and industry experts who provide guidance and support. You should do the same.

How to Build Your Board of Advisors:

  • Identify key people in your network. Think of people who inspire you, those who have skills you want to learn and professionals who are already where you want to be.
  • Connect and engage. Reach out with a thoughtful message. Ask for a coffee chat, offer to help with a project or share an interesting article related to your field.
  • Ask for feedback and guidance. Don’t be afraid to seek advice — the best mentors are happy to help. Plus, their insights can help you avoid common career pitfalls.

Pro Tip: Your board of advisors can include colleagues, friends, mentors and even peers. It’s all about having a network of people who can challenge you, support you and help you see your blind spots.

4. Invest in Yourself

Your career is your business, and just like any business, it requires continual investment to grow. This means staying up-to-date with industry trends, learning new skills and expanding your knowledge base.

How to Invest in Your Career:

  • Take courses. Whether it’s a new certification, an online workshop or an advanced degree, expanding your skill set is key to staying competitive.
  • Attend industry events. Conferences and workshops are not just learning opportunities, they’re also full of networking and relationship building opportunities.
  • Prioritize professional development. Set aside a portion of your budget or time for growth opportunities. It’s not just an expense, it’s an investment in your future.

Pro Tip: Seek out opportunities that align with your long-term vision. Choose courses or events that will move you closer to your goals, rather than ones that just seem popular.

5. Own Your Personal Brand

A CEO knows that reputation matters. Your personal brand is how people perceive you professionally. It’s what they think of when they hear your name or see your work. It’s critical to ensure that your personal brand accurately reflects your skills, values and career goals.

How to Strengthen Your Personal Brand:

  • Showcase your expertise. Share your knowledge through articles, LinkedIn posts, or speaking engagements.
  • Speak up and be visible. Don’t wait for others to notice your work. Highlight your achievements and proactively share updates on your projects.
  • Be consistent. Make sure your resume, LinkedIn profile and online presence all tell the same story.

Pro Tip: Personal branding isn’t just about self-promotion. It’s about adding value and showing others how you can contribute to their success as well.

6. Learn to Delegate

A great CEO understands their role is to focus on strategy and big-picture goals, not to get bogged down in every detail. You should take the same approach with your career. Delegate tasks that don’t need your direct attention so you can prioritize the areas where you add the most value.

How to Delegate Effectively:

  • Identify tasks that drain your energy. Focus on the work that only you can do and offload other responsibilities when possible.
  • Communicate clearly. When delegating, provide enough context for others to succeed. Set expectations around deadlines, outcomes, and follow-up.
  • Trust others. Let go of the need to control every detail. Delegation isn’t a sign of weakness — it’s a sign of strategic leadership.

7. See Setbacks as Data Points

Every CEO knows that failure is inevitable, but it’s also one of the best learning opportunities. When you face setbacks in your career, don’t view them as dead ends — see them as data points to refine your strategy.

How to Turn Setbacks into Stepping Stones:

  • Analyze what went wrong. What could you have done differently? What external factors were in play?
  • Take note of patterns. If a particular type of opportunity or approach isn’t working, maybe it’s time to pivot.
  • Keep moving forward. Remember that rejection is just redirection. Use what you learn to inform your next move.

You Don’t Have to Be a CEO to Have a CEO Mindset

The best part about adopting a CEO mindset is that anyone can do it. You don’t need a C-suite title to take control of your career. You just need the willingness to see your career as a business — one that you have the power to grow, shape and lead.

So, ask yourself: What would the CEO version of you do today?

Start there. Because that’s how you turn a job into a thriving career.

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