In smaller startups, everyone is directly involved and has to punch above their weight to pull through, not just the CEO.
Also devoting everything in your life to one thing is not a mark of intelligence or skill. It is a mark of dedication but by itself means little.
And yeah, not everyone can be a CEO because most business fail very quickly. There is always an element of luck in those that survive.
But the idea that you devote 24x7 of your life hence you must be a good leader is not accurate. In fact, if you press this culture downstream, you'll tire your workers and the rest of the team.
For example: I cannot imagine being a successful touring live performer. I am an introvert, I keep a rigid schedule so travel throws everything off, can't keep myself awake very late...
Could I perform the functions of a live performer? Yes, though no matter how much I "tried" the mismatch between the job and my natural tendencies is a recipe for failure.
> not everyone can be a CEO because most business fail very quickly
Not everyone can be a CEO because not everyone is cut out for it. If you think you could step into those shoes, you're either built different or delusional.These are not examples of in-born traits. While I agree that not everyone has the motivation to become a CEO, I would disagree that a person cannot learn and adapt.