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What does it feel like being the CEO of a startup?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru Answer originally posted on Quora.Com Its a really good feeling some days. When I can take the time to realize just how far I have come in my life to be privelaged with this position, its quite humbling really. Other days it’s…
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What would you do if you woke up the next day as the CEO of Disney?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru Answer originally posted on Quora.Com Throw a Disney party for my kids! Then get to work learning what the hell I’m supposed to be actually doing. There is some crossover between CEO positions, but I would need to get a handle on…
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What are some good businesses that can be started with a very small capital?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru Answer originally posted on Quora.Com Dropshipping is a good low investment opportunity. As long as you don’t quit your day job. It takes time to get good at it, but if its not your prime source of income you can tuck away…
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What is the number one reason why new businesses fail?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru Answer originally posted on Quora.Com I have not ever owned a business that has failed. I will tell you how the first business I was directly controlling failed. I moved to Texas specifically to help an old friend start a business, let’s…
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Which types of businesses have survived that surprise you?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru Answer originally posted on Quora.Com Many businesses survive inexplicably. Some seem to, like a drowning person, cling to life with their last ounce of strength. Ill mention a few here. Insurance companies. This one isn’t so hard to understand, but it is…
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Does a manager lose face when a fired employee is reinstated by court order?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru Answer originally posted on Quora.Com Certainly. In fact they should lose face if not be fired altogether. The only reason I can think of for an employee to be reinstated by court order is if they were illegally terminated. https://www.quora.com/Does-a-manager-lose-face-when-a-fired-employee-is-reinstated-by-court-order/answer/Andrew-Steig

If you made $168,000 a year as the president and founder of a small successful company and had tons of flexibility with your schedule, would you consider yourself successful?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru Answer originally posted on Quora.Com I would consider that to be very successful. But my definition of success doesn’t match up with anyone’s. To me that’s a more than satisfactory wage. It would be doing something I enjoy, and best of all,…
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How much does it help to do a degree in business management, when you want to open up your own small business?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru Answer originally posted on Quora.Com I have a masters in business. While this degree has opened doors for me, it is the 8 years of experience i gained after getting my degree that i relied on every day getting the businesses i…
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Why aren’t there reasonable legal caps on CEO salaries?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru Answer originally posted on Quora.Com The real question you should be asking is why should there be caps? In most companies a ceo is responsible for company growth. A healthy growing company provides more jobs, more tax revenue, and a healthier economy.…
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What is CEO? What power does CEO have in the company?

Answer by Drew Steig – Quoras Own Start Up & Small Business Guru Answer originally posted on Quora.Com Ceo stands for chief executive officer. While there are alot of various responsibilities a ceo may have, depending on the size of the company, and the type, the position can be simply explained by comparing it to…
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