Episode 120 - CEOs Part 3 - The Advantage All CEOs Start With (Isn’t What You Think)
What golden ingredients go into making a high-power CEO? And how do we engineer that into ourselves and our children?
On Part 3 of our CEO suite, we discuss the man dubbed “Piggy” by Wall Street. Dennis Kozlowski. The highest-paid CEO in America at the time of his arrest. We’ll compare the amount he stole from Tyco Industries before the Great Recession, against the mind-blowing bonuses being earned by Apple’s CEO today. And we’ll discuss how money slowly changes meaning in the hands of high-powered men like Dennis - from financial security to petty scorekeeping.
Todd and Joe will then attempt to “engineer” a CEO from the ground up. Looking first at the uncommon opportunities CEOs start with, what percentage of CEOs receive college educations, and how many CEOs consider themselves savvy versus brilliant. Then we’ll talk about the natural talent all executives bring to the table, whether they know it or not. Lastly, we’ll ask the question on all of America’s minds right now: How much money would it take to finally make you people happy?
Sources:
https://www.wsj.com/articles/SB1032221540245980755
https://en.wikipedia.org/wiki/Dennis_Kozlowski#Scandal,_trial,_and_conviction
https://www.equilar.com/reports/90-highest-paid-ceos-2022-equilar-100.html
https://www.ramseysolutions.com/retirement/the-national-study-of-millionaires-research
https://www.theatlantic.com/family/archive/2018/12/rich-people-happy-money/577231/
https://archive.nytimes.com/dealbook.nytimes.com/2012/03/16/dennis-kozlowskis-homecoming-of-sorts/