Many entrepreneurs and C-suite executives think they're ready to take the BIG job as CEO. But until you've sat in that chair and felt the weight of an entire company -- and the well-being of all its employees -- resting on your shoulders, it's hard to appreciate the level of responsibility you're taking on or anticipate how you as a leader will react to that responsibility.

On today's show, Douglas DeBoer shares five things every first-time CEO should be prepared to do to set up their company, their team, and themselves for BIG success.