How To Lead | Interview with David Rubenstein
This is gary v audio experience. Everybody's scary truck super excited to interview on the podcast as a lot of you know pretty infrequent. These days given the global situation but leadership is something that i am very very passionate about and maya steam yesterday routine who i'm gonna let introduce himself and create Some context for you both about his co founding of the iconic carlyle group but also the The book that he's written. And i think we're gonna get into a fun conversation so david. Welcome to the show my pleasure to be here. Thank you my friend. What are you giving the nation. The audience a little context of your professional career. And then we'll Maybe bounce around asking him questions and then we'll go into the book. I was trained as a lawyer. Wasn't that good at that. So i got. Our bat. Went to work at the white house for president carter. Wasn't that good at that. So i got. I went back to practice law. That didn't work out so well either again. So i openly started a firm called the carlisle group which became a large private equity firm. And i ran that for some thirty years or so and now the largest shareholder of it and the co executive chair. But i spent a fair amount of my time on philanthropy. I was a regional center of the giving pledge bill gates and warren buffett but together and i now am involved in essentially giving away my money. I spent spent a lot of time on nonprofits. I am the chairman of the kennedy center in washington. I've been the chairman of the smithsonian institution. I'm the chairman of the council on foreign relations. I was the chairman of my alma mater. Duke university i now spend a lotta time. Versity boards on the harbor corporation. The chicago and johns hopkins medicine and now also have a television show on bloomberg Called peer to peer conversations and that led to a book that i did on leadership where i took people like bill gates. Jeff bezos warren buffett. Colin pal david portrays and so forth and ask them what it was that led them to be leaders. And i still that in a book called how to lead which is now out on the new york times on business bestseller lists so. That's what i've been doing. David going back to your youth. You think you went into law because that was a good thing to do. According to your parents or society you know what what made you go down that path well. My parents were not college or high school graduates so they didn't really have a lot of influence on what i would do. Because i didn't have experience in that. But if you were jewish as i was an m Probably your parents would say should be a doctor or lawyer adeptness so it was very good in the sciences was afraid i'd get arthritis in my fingers. If i became a lawyer and i was probably better at talking than i. Was that the things that would take me into the medical world. So i became a lawyer but i also thought that lawyers went into politics. Politics was something. I was interested in. My real goal was to work in the white house for president and ultimately i did that. I didn't have any interest in making money. I didn't care about it. I relatively without any money and so he didn't have any money. And then think about it when i was growing up. There were no billionaires in the united states. It wasn't something. People aspire to be david when when you how old were you. When you're invited to be part of the carter white house. I was twenty seven years old Well too much too young. I was only three years at law school. But i became the deputy domestic policy visor. The united states. So when you're three years. I lost at that age. You're going around on air. I wanna marine one at camp david you you can think you're pretty good and people me. I was very smart. Brilliant all that. Then when i look for a job after we lost the to ronald reagan nineteen eighty. Nobody wanted to hire me. Because they didn't want to have car white house aide then so i had to spend a couple months trying to find a job and i didn't want to tell my mother was unemployable so i just tell her i had somebody offers. I didn't know which one to take crippled crippled by opportunity right absolutely so many chances to take the couldn't aside and at twenty seven when you got the word that you in essence based on what i'm hearing from you achieved a goal of your youth was anticlimactic. Was it remarkable was at fifteen minutes jubilation. Fear like how did that moment you know. I think a lot of people listening right will end up. Achieving i'm always fascinated by goal. Setting p people go in very different directions and some people find themselves achieving goals or doug goal early on. How did that one plane your mind. Well i was a junior white house. Say the deputy domestic policy adviser. I thought carter would be reelected and i would be the senior domestic adviser and then after that for four years i would go out practice law. Come back as a cabinet officer. Eventually work my way up to be a senior important government official. I didn't care about money so much. So that wasn't a big factor. Unfortunately we ran against a man named ronald reagan in one thousand nine hundred and i said how can a man that all get out of bed in the morning.