What It Takes: Lessons In The Pursuit Of Excellence Hardcover – 17 Sep 2019
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About the Author
Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world’s leading investment firms. Mr. Schwarzman is an active philanthropist with a history of supporting education, culture, and the arts, among other areas. Mr. Schwarzman holds a BA from Yale University and an MBA from Harvard Business School. He lives in New York City with his wife and three dogs.
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For lazy ones he summarizes his lessons to 25 points in the backpages.
This is not a self-help book Or just a chronicle of random events. Rather doyen in the industry illustrates how these events are instrumental in shaping a great organization.
He reminds us that organizations are more fragile than we think and we need to seek ways to reinvent them and improve constantly.
Must read for entrepreneurs and executives.
Read to learn:
- That getting to the top takes RELENTLESSNESS.
- The POWER of Mistakes. Examples when Schwarzman uses principles to make decisions, that turn out to be massive missed opportunities. So, the moral dilemma - what matters? Principles or Opportunity OR a 'rebalancing'?
- The POWER of superb education & the connections that come with it. (Primer for Parents).
"If you want something badly enough, you can find a way. You can create it out of nothing. And before you know it, there it is."
"I looked at page 56. The only error I could find was a misplaced comma." (for which he got a massive firing at Lehman)
"The idea of wearing loafers to a business meeting was unacceptable, so he wore the two left shoes instead."
"Investors are always looking for great investments. The easier you make it for them, the better for everyone."
"Everybody in steel goes broke ultimately."
Warning: There is some boasting through the book.