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CEOs who can hire properly, that's the most important part of the job. The CEO's job is really to hire the right team and execute the vision second.

Building a great team is the lifeblood of any startup, and finding great talent is one of the hardest and costliest tasks any CEO will ever face.

Clearly, every company needs a leader. That's an important part of being the CEO of the company.

If you want a CEO role, you have to prepare for it with a vengeance.

I described the CEO job as knowing what to do and getting the company to do what you want. Designing a proper company culture will help you get your company to do what you want in certain important areas for a very long time.

The best CEOs I know are teachers, and at the core of what they teach is strategy.

To be a CEO is a calling. You should not do it because it is a job. It is a calling, and you have got to be involved in it with your head, heart and hands. Your heart has got to be in the job; you got to love what you do; it consumes you. And if you are not willing to get into the CEO job that way, there is no point getting into it.

I think, you know, a fellow CEO said to me that the interesting thing about being CEO that's really striking is that you have very few decisions that you need to make, and you need to make them absolutely perfectly.

Visionary CEOs are not 'just' great at assuring world-class execution of a tested and successful business model: they are also world-class innovators.

Talent is crucial. It needs to be driven by motivation, but blind ambition isn't the key.