Why Complaining About CEO Pay Doesn't Lead to the Job

There has been a common refrain among those who are unhappy with CEO pay—why don't they just apply for the job if they think CEOs are overpaid? This question often comes from those who do not fully understand the complexities of the position or the mindset required to attain it.

The Mindset of a CEO

Compromising Values for Money: The first and foremost requirement for becoming a CEO is to be willing to compromise one's values for money. CEOs must be ruthless, shameless, and highly connected. They need to prioritize their personal gains over the well-being of employees, shareholders, and the company at large. While some may argue that not everyone is willing to do this, it is a reality that many are willing to do so to achieve such a high-paying and influential position.

Why Complaining Doesn't Lead to the Job

Those who complain about CEO pay often lack the qualifications and mindset necessary to take on the role. They may not understand why CEO compensation can be so high. While it's true that not all CEO compensation is appropriate, or that all current CEOs are qualified, it is crucial to consider the demanding nature of the position.

The Skepticism of Outsourcing

Subcontractors and Offshoring: One of the primary reasons why CEOs do not see the value in outsourcing or transferring jobs offshore is their belief that any job can be replaced by a subcontractor or moved to a cheaper country. In reality, they understand the unique value that a CEO brings to the table. Would they be willing to replace a CEO with a cheaper, more efficient employee? Probably not, as the mindset and skills required for the role are far more complex than simply having a technical or administrative background.

The Nature of Complainers

Complaining Culture: People who are always complaining about CEO pay and other individuals' earnings often show a lack of initiative and a strong work ethic. They are more interested in finding fault with others rather than improving themselves. Those who repeatedly complain tend to neglect personal development and refuse to take constructive action. Conversely, those who do not complain and take action generally achieve better results and are less likely to be consumed by negativity.

The Odds of Becoming a CEO

Absurdly Small Odds: Even if we assume that 1000 individuals are vying for a single CEO position, the odds of one of them securing the role would be exceedingly low. Consider the scenario where only a small percentage of the population has the necessary qualifications. In this case, the likelihood of securing a CEO position is minuscule. Additionally, if a large number of people could run the company with minimal differences in outcome, the chance of one individual being selected drops further.

Conclusion

The reason why people who complain about CEO pay do not get the job is not just about skill or politics—it is about mindset and work ethic. Becoming a CEO is not just a matter of having the required skills; it is also about being willing to make significant personal sacrifices and compromises. While it is true that not everyone can become a CEO, the barriers to entry are indeed high. Those who fail to understand or achieve the necessary mindset and qualifications are unlikely to succeed in pursuing such a role.