Action's Antidotes

Action's Antidotes


Achieve More by Doing Less with Dr. Jim Schleckser

September 02, 2024

When we think of CEOs of companies, our initial assumption is that they are very busy people with no time available for socializing. Sometimes, we even wonder how they manage to spend time with their families, friends, and hobbies. But what if I told you that if you want to be a CEO, there is a way to avoid that lifestyle and still have a life outside of this endeavor?

In this episode, I have Dr. Jim Schleckser, founder of the CEO Project. We discuss how to achieve work-life balance and effective leadership. He emphasizes the Theory of Constraints, time delegation, schedule control, and workplace autonomy. Tune in and optimize your time now!
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Listen to the podcast here:

Achieve More by Doing Less with Dr. Jim Schleckser 
Welcome to Action’s Antidotes, your antidote to the mindset that keeps you settling for less. Perhaps you’re out there thinking, “Okay, I want something more, maybe I wanna try to move up some levels at my organization or I wanna start something on my own and be the CEO of my own company,” but then you’re looking at other people who are high level CEOs or even other C-level and director-level executives and thinking, “I don’t wanna be this busy. I don’t want this lifestyle. I don’t want the lifestyle where I don’t have any time for my family, I don’t have any time for my hobbies, I don’t have any time to just relax and chill and enjoy myself,” and that can be a real daunting possibility here because you’re thinking yourself, “Okay, I still want to be in charge of my own destiny a little bit or I still want to be something more than just a cog in a machine so how do I get there without giving up my entire life and not having a life outside of this particular endeavor?” And that’s where my guest today, Jim Schleckser, who is the founder of The CEO Project, also a podcast host as well as a bestselling author who wrote the book Great CEOs Are Lazy comes into play here.
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Jim, welcome to the program.

 

Thanks for having me, Stephen. I appreciate it.

 

Well, thanks for hopping on because I’m sure this is on a lot of people’s minds, right? You know, an important person, whether it be rising to the top of the company you’re already a part of or starting your own company and once you get somewhere, you’re going to have a lot on your plate. What inspired you to start The CEO Project? 

 

A number of years ago, I was doing acquisitions. I worked for a corporate entity and one of our strategies for growth was to buy companies. And I remember these two founders that I was about to buy their company for, I think it was $6 million, I’m like, man, oh man, these guys are not as smart as me, they don’t work as hard, they’ve got four weeks of vacation every summer. I’m like, my gosh, I’m so much smarter than them, I go, wait a minute, I’m about to give them 6 million bucks and they get four weeks of vacation every year. I go, what’s wrong with this picture? And at that moment, I said, look, really, for the same level of talent, you get a very different, meaning better outcome in terms of lifestyle control, economic outcome, and so forth, by running your own business. And at that point, I said, okay, that is the path I’m on. That was a decade at least before I jumped out and started my own business. 

 

So you observed these guys start their own business and have way more autonomy over their lives and decided you want that. What did you experience when you first made that observation? Because you said there was some time of a gap between the two. Was there that similar anxiety of like, okay, how am I going to get there, that type of thing? 

 

I had a plan, maybe just there was another element that drove it. I was a member of CEO peer groups for a long time as I ran various companies so this is a mastermind group that helps you think through your problems. So I was a member of one and I saw that people that were founder, entrepreneurs and same profile, better time control,