Im Not a Real CEO

Published: May 9, 2023, 9 a.m.

This week, in episode 152, Jay Goltz, Liz Picarazzi, and Sarah Segal talk about the inherent conflicts between being an entrepreneur and being a CEO\u2014and the different skill-sets each role requires. Does it make sense for the same person to do both jobs? Is being CEO even a full-time job? And when does it make sense to replace yourself as CEO? Liz says she\u2019s thought about it. Jay, not so much: \u201cCould I have found somebody 10, 15, 20 years ago who was a better manager? Sure. But it just wasn't worth it.\u201d Why not? \u201cIt's gonna cost you $250,000 a year,\u201d Jay says. \u201cIs it worth paying that?\u201d Plus: Liz and Sarah talk about positioning a company to be acquired. And Sarah proposes a PR campaign for Liz\u2019s package bins right on the spot.