The Lazy CEO Podcast

Entrepreneurship – Part 1: Challenges of a CEO

by Sep 20, 2022The Lazy CEO Podcast

google podcast
tune in

Here’s a glimpse of what you’ll learn:

  • How Joel Trammell helps CEOs achieve success
  • The two triangles of tension in every business, according to Joel
  • Joel discusses how a CEO should balance the interests of various stakeholders
  • Tips for building solid executive teams from scratch
  • What being an executive means to Joel
  • Is strategic thinking teachable?
  • How do you hire when it’s not your specialty?

In this episode…

CEOs face difficult situations and must make tough decisions. They are frequently caught between employees, shareholders, and clients who have very different interests wants, and needs. Given the lens of these various parties, how does a CEO maintain balance and fairness in determining which one has supremacy?

Joel Trammell says that a good CEO should be able to effectively identify and manage the two triangles of tension in every business. The first triangle is the external tension – the wants and needs of employees, customers, and shareholders. The second triangle represents the internal tension between the sales group, product group, and marketing group. The role of a CEO is to manage the white space, communication, and coordination of those six fundamental areas simultaneously.

In this episode of The Lazy CEO Podcast, Jim Schleckser sits down with Joel Trammell, the Founder of Texas CEO Magazine and the Co-founder of American CEO. They talk about the challenges CEOs face every day when making crucial decisions for their businesses. Joel also talks about what being an executive means and why hiring should be a continuous process when building a successful company.

Resources mentioned in this episode:

Thank you to our Guest

entrepreneurship, Joel TrammellJoel Trammell is the Founder of the Texas CEO Magazine and the Co-founder of American CEO, a company that provides educational resources for chief executive officers. He is a successful entrepreneur who has founded four businesses and served as CEO of seven others – from start-ups to public firms valued at $1 billion.

As an author and educator, Joel has extensive experience teaching CEO Master Classes and Managerial Excellence Courses. He regularly speaks at conferences and nationwide events and has contributed to Entrepreneur, Forbes, and He has served on the boards of public, private, and nonprofit organizations and is now on a mission to teach aspiring and established CEOs how to effectively carry out their position.

Sponsor for this episode…

This episode is brought to you by The CEO Project. The CEO Project is a business advisory group that brings high-caliber, accomplished CEOs together. Our team of skilled advisors is comprised of current and former CEOs who have run both public and private sector companies across multiple industries. With our experience and expertise, we guide hundreds of high-performing CEOs through a disciplined approach that resolves constraints and improves critical decisions. The CEO Project has helped high-performing, large enterprise CEOs with annual revenues ranging from $20M to over $2 billion to drive growth and achieve optimal outcomes.

If you are an experienced CEO looking to grow your company, visit