
What It Takes
Lessons in the Pursuit of Excellence
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Narrateur(s):
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Stephen A. Schwarzman
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Drew Birdseye
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Auteur(s):
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Stephen A. Schwarzman
À propos de cet audio
From Blackstone chairman, CEO, and co-founder Stephen A. Schwarzman, a long-awaited book that uses impactful episodes from Schwarzman's life to show listeners how to build, transform, and lead thriving organizations. Whether you are a student, entrepreneur, philanthropist, executive, or simply someone looking for ways to maximize your potential, the same lessons apply.
People know who Stephen Schwarzman is - at least they think they do. He’s the man who took $400,000 and co-founded Blackstone, the investment firm that manages over $500 billion (as of January 2019). He’s the CEO whose views are sought by heads of state. He’s the billionaire philanthropist who founded Schwarzman Scholars, this century’s version of the Rhodes Scholarship, in China. But behind these achievements is a man who has spent his life learning and reflecting on what it takes to achieve excellence, make an impact, and live a life of consequence.
Folding handkerchiefs in his father’s linen shop, Schwarzman dreamed of a larger life, filled with purpose and adventure. His grades and athleticism got him into Yale. After starting his career in finance with a short stint at a financial firm called DLJ, Schwarzman began working at Lehman Brothers where he ascended to run the mergers and acquisitions practice. He eventually partnered with his mentor and friend Pete Peterson to found Blackstone, vowing to create a new and different kind of financial institution.
Building Blackstone into the leading global financial institution it is today didn’t come easy. Schwarzman focused intensely on culture, hiring great talent, and establishing processes that allow the firm to systematically analyze and evaluate risk. Schwarzman’s simple mantra “don’t lose money” has helped Blackstone become a leading private equity and real estate investor, and manager of alternative assets for institutional investors globally. Both he and the firm are known for the rigor of their investment process, their innovative approach to deal making, the diversification of their business lines, and a conviction to be the best at everything they do.
Schwarzman is also an active philanthropist, having given away more than a billion dollars. In philanthropy, as in business, he is drawn to situations where his capital and energy can be applied to drive transformative solutions and change paradigms, notably in education. He uses the skills learned over a lifetime in finance to design, establish, and support impactful and innovative organizations and initiatives. His gifts have ranged from creating a new College of Computing at MIT for the study of artificial intelligence, to establishing a first-of-its-kind student and performing arts center at Yale, to enabling the renovation of the iconic New York Public Library, to founding the Schwarzman Scholars fellowship program at Tsinghua University in Beijing.
©2019 Stephen A. Schwarzman (P)2019 Simon & Schuster AudioLove the 25 rules
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Hard work pays
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Strengthen my beliefs
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An Outstanding Read
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Key insights into an influential figure
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Inspiring and Insightful
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If you subscribe to this idea, then Mr. Schwarzman is someone we need to listen to and pay attention to. With $500 billion under management, Mr. Schwarzman and the company he co-founded, Blackstone, sure have a lot of "votes" and they created a lot of value.
The book shares a story of privilege, educated in Yale and Harvard, a successful career from day one and the right opportunities at the right time. Combined with a brilliant intellect, talent and ambition.
The result is phenomenal BIG success.
The reader needs a basic understanding of economics and finance to follow some of the deals Mr. Schwarzman describes. With that foundation and an interest in the subject, you will find the book informative and interesting.
Beyond sharing his knowledge, Mr. Schwarzman shares his wisdom.
Enjoyed it and learned from it. Recommend read.
A really "big" deal ...
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Great insights
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Mr. Schwarzman's drive, fervor, confidence and faith in his own vision for success just kept me hooked like I was listening to a great mystery or thriller.
After I finished I started looking for another inspiring story that matched " What it Takes" and eventually gave up and now I'm listening to it again. ( plus I order a used hard cover copy on Amazon :) )
The other thing that blew me away was the staggering amount of money these guys give away, I had no idea that he and people like him are so philanthropic!!! (Sorry no more spoilers.)
This may be the longest review I've ever posted. Now I'm going to go out there and grow my business!
Great story, well written, well read.
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Key Takeaway: aim BIG:
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