The Earned Life by Marshall Goldsmith & Mark Reiter

Author:Marshall Goldsmith & Mark Reiter [Goldsmith, Marshall & Reiter, Mark]
Language: eng
Format: epub
Publisher: Crown
Published: 2022-05-03T00:00:00+00:00

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* A banker once told me that the turning point in his young career was instigated by a You Can Be More speech disguised as an offhanded insult. I asked him to put it in writing:

“Early in my career, in the late ’70s, I approached the CEO of an iconic American conglomerate with a very creative refinancing idea that could save his company a lot of money. It took me nearly two years to get the CEO on board and then pull off the deal, during which I updated him from time to time when something major came up. He was a busy man who I didn’t want to bother. I wouldn’t say we were friends—he was a titan, I was a pipsqueak—but he’d call me out of the blue some times and we’d have these odd conversations about politics or sports, rarely about the deal, after which I’d ask myself, ‘What was that about?’ Given our vastly different ranks, I had a hard time accepting that we could ever be buddies.

“A few days after we closed the deal, I arranged a meeting between him and my bank’s chairman to celebrate. Just the three of us in his office clinking champagne glasses. The two of them were in a jolly mood. The deal had dazzled my client’s board members and earned a big fee for the bank. Then they did something remarkable. They started talking about me as if I wasn’t there. They joked about my youth (I was 29) and how I owed them my career. Then the CEO told my chairman his frank opinion of me. The words still ring in my ears. He said I was ‘creative and a great negotiator’ but I was also an ‘unmade bed.’ He was smiling as he said this, but he wasn’t joking. He wanted me to hear it. He didn’t elaborate. The conversation turned to other things, but he had delivered the intended jab and left a bruise.

“I thought about that ‘unmade bed’ comment for days. How had I displeased him? I couldn’t come up with any lapses in the paperwork and legal filings. Then I recalled all those times he’d call to shoot the breeze, how I couldn’t wait to get him off the phone out of fear that I was wasting his time. I didn’t appreciate that he found gratification in helping me succeed. The unscheduled phone calls were his way of fostering trust and sealing our friendship. He was signaling that there’s more to business than creativity and deal making. If I ignored the human element—especially the reciprocal part, such as the satisfaction of helping someone and letting them experience the satisfaction of helping you back—then I was missing the stuff that made work emotionally gratifying. Basically, he was saying that I could have done a much better job of hand-holding a client. I never made that mistake again.”

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