Quote:
Originally Posted by simi
I think a big part of the problem is there are only so many available CEO's to run these huge companies, that they can write their own contract and pay. Granted, a company could hire someone that hasn't beena a huge CEO, but then they are taking big risks. Companies don't like to look like they are taking that kind of risk, nor look like they are hiring someone that isn't up to doing the job. So, in order to get the big name, they have to pay stupid money.
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No no no no no no no.
This is simply not the case.
CEO's and the executives of major corps are hired on association. Often time these people are proven faliures but they "run in" the elite circle. (and it is a circle)
The trick is to break into this circle. It can be done two ways, the easy way, born into it and the hard way go to school, make friends with the kids "in the circle."