492: Scott Galloway - Finding What You're Good At, Handling Criticism, & What It Means To Be A Man
Duration
40m
Broadcast on
25 Sep 2022
Audio Format
other
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Scott Galloway is a professor at New York University's Stern School of Business, where he teaches brand strategy and digital marketing to second-year MBA students. A serial entrepreneur, he has founded nine firms, including L2, Red Envelope, Prophet, and Section4. In 2012, he was named one of the "World's 50 Best Business School Professors" by Poets & Quants. He's the author of multiple best-selling books including The Algebra of Happiness, The Four, and Adrift.
Notes:
Leaders who sustain excellence:
Demonstrate excellence in what they do. "People want to follow people who are excellent at their job."
They hold people accountable
"Excellent leaders are generally kind to others and establish goodwill with many people."
"Your job is to find something you're good at, and after ten thousand hours of practice, get great at it. The emotional and economic rewards that accompany being great at something will make you passionate about whatever "it" is."
"I tell my students that nothing wonderful, I'm talking really fantastic, will happen without taking a risk and subjecting yourself to rejection. Serendipity is a function of courage."
"If you don't get criticism it means you aren't saying anything."
What does it mean to be a man? "Being a responsible head of household that provides for your family and is a real partner with someone and raising kids and checking that instinctive box — being a good father, being a good husband … raising responsible, civic-minded kids. It's also realizing that if your partner is better at being the head of household and being the provider you get out of the way and support them to do it."
"The most dangerous person in the world is a broke and alone male, and we are producing too many of them."
Greatness is in the agency of others… When I asked Scott about how he's built his career, his first thought was about the others who he's surrounded himself with. Greatness is in the agency of others. Your ability to attract and retain talented people will be the difference between a good career and a great one…
We should spread kindness. Have security in yourself and give people compliments they deserve.
"The most interesting 5 minutes I've had in a long time" - Anderson Cooper describing Scott Galloway
"This guy is a walking applause break" - Bill Maher describing Scott Galloway
Scott has sat on the boards of Gateway Computer, Urban Outfitters, Eddie Bauer, The New York Times Company, University of California Berkeley, Panera Bread, and Ledger, a crypto wallet. He hosted the CNN+ host of a business and technology show, No Mercy No Malice.
Jim Collins told me on episode number 216 that the single greatest determining factor in my long-term success or failure would be my who. Who I chose to surround myself with. And that conversation has had a huge impact on how I've designed my business. And one of the most important elements or services that I provide is my learning leaders circle. And I open up applications one time per year and that time is now at learningleaderscircle.com. Now this is the most inefficient element of my business because I personally read every application and I personally choose who will go on to the next round and then who will ultimately be one of the 12 people to be in my next learning leaders circle. And I only do it one time per year and that time is now. If you are intentional about surrounding yourself with others who will push you, challenge you, make you think differently. If you're willing to self-reflect and do some work this could be for you. And you can apply at learningleaderscircle.com. We meet once per month on zoom and then we meet one time per year in person for our leadership retreat for members of my learning leaders circle. So if you'd like to apply go to learningleaderscircle.com. Welcome to the learning leaders show presented by insight global. I am your host Ryan Hawk. Thank you so much for being here. Text Hawk 266866 to become part of mindful Monday. You along with tens of thousands of other learning leaders from all over the world will receive a carefully curated email from me each Monday morning to help you start your week off right. You'll also receive details about how my book The Pursuit of Excellence will help you become a more effective leader. Text Hawk 266866 now on a nights featured leader. Scott Galloway is a professor at NYU Stern School of Business a serial entrepreneur he has founded nine firms including L2 Red Envelope profit and section 4. In 2012 he was named one of the world's 50 best business school professors. He's the author of multiple best-selling books including The Algebra of Happiness, The Four and a Drift during our conversation we discuss. Why quote follow your passion is bad advice and then who is the most dangerous person in the world and what we can do about it and how to become a better storyteller we go deep there and then what it means to be a great mom or dad and much more. While Scott is controversial to some and his language is colorful I appreciate the fact that Scott is willing to admit when he's wrong and he surrounds himself with people who don't always agree with him so that he can learn and get better and those are the types of people that I like to have conversations with so I hope you enjoy it's Scott Galloway. Scott great to have you back on the learning leader show welcome it. Ryan great to be back. So to get started you've spent the bulk of your career surrounded by leaders who have sustained excellence over an extended period of time not the one hit wonders or to had a little bit but sustained excellence. What have you found to be some of the common themes behaviors, virtues, mindsets of those leaders who have sustained excellence? That's an interesting question because of at the age of 26 in business school I started a consulting firm that largely was hired by CMOs and CEOs so these are individuals who had you know were kind of rounding third in terms of their career and had a lot of influence. The kind of factors I would say are a few things one it sounds it sounds passé but they demonstrate excellence I don't care for the CEO of Goldman Sachs or you know someone running with the Red Cross there's a function at that organization they can do as well or better than anyone else people want to follow excellence to and we don't talk about this a lot they hold people accountable they regularly fire people they regularly