Jim Schleckser has been an entrepreneur for the last 20 years, and for the last seven he's been imparting his leadership acumen to other entrepreneurs as part of the CEO Project, a program that trains CEOs to increase their business performance. Many of the CEOs Schleckser coaches are the heads of Inc. 500 companies, and he's found that sustaining an Inc. 500 level of growth over consecutive years is one of the most difficult challenges facing a young, rising business. "It's one thing to make the list, but it's actually quite hard to stay on the list," Schleckser says. "As you grow, you hit speed bumps, and we talk to thousands of CEOs to determine where those points of constraint are." Schleckser spoke with Inc. reporter John McDermott about the importance of hiring good talent, finding balance, and the characteristics of bad CEOs.
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