Elad Gil presents an approach for dealing with the task overload of being a CEO:
- Once a week, take a step back and ask yourself what you are trying to accomplish, and what are the 1-2 most important things that will get you there.
- Every morning, make a list of the 1-3 things you absolutely need to get done that day.
- Get those things done.
- Don't get distracted by the easy low hanging fruit that doesn't matter - it just wastes your time even if you get satisfaction by doing it.
He also mentions that on an ongoing basis, a CEO should:
- Make sure the company doesn't run out of money;
- Hire and fire.
A third responsibility often mentioned is setting the company vision and making sure everyone is aligned with it.