Stefan Persson, the man behind the global fashion giant H&M, has a story that’s as much about innovation and vision as it is about resilience and business acumen. Born in 1947 in Stockholm, Sweden, Stefan grew up in a family where entrepreneurship and a strong work ethic were core values. His father, Erling Persson, founded Hennes & Mauritz (H&M) in 1947, initially as a women’s clothing store called Hennes, meaning “hers” in Swedish. This modest beginning laid the foundation for what would become a fashion empire.

Erling Persson’s initial foray into fashion retail began after a trip to the United States, where he was inspired by the efficiency and customer-centric approach of American stores. He returned to Sweden with the idea of offering fashionable clothing at affordable prices, a concept that quickly gained traction. By 1968, Erling had acquired Mauritz Widforss, a hunting and fishing store, expanding the product line to include men’s and children’s clothing, thus rebranding the company to Hennes & Mauritz.

One of Stefan’s most significant contributions to H&M was the development of the fast fashion model

Stefan joined the family business in 1972 after completing his studies. His entry marked a significant turning point for H&M. With a keen eye for fashion and a solid understanding of business operations, Stefan began working closely with his father to streamline processes and expand the company’s reach. His early years in the company were spent learning every aspect of the business, from store management to inventory control, ensuring he was well-prepared to lead the company in the future.

In 1982, Stefan Persson took over as the CEO of H&M from his father. Under his leadership, the company embarked on an ambitious expansion strategy. Stefan was a visionary who understood the importance of globalization and the potential of emerging markets. He initiated the company’s international expansion, starting with neighboring Scandinavian countries and gradually moving into Europe, North America, and Asia.

Stefan’s approach to business was guided by a few key principles: offering high-quality fashion at affordable prices, maintaining a flexible and efficient supply chain, and continuously innovating to meet customer demands. He believed in the power of brand identity and worked tirelessly to build H&M into a recognizable and trusted global brand. One of Stefan’s most significant contributions to H&M was the development of the fast fashion model. This approach involves quickly moving designs from the catwalk to stores to capture current fashion trends. By maintaining a highly responsive supply chain and leveraging economies of scale, H&M could offer trendy clothing at prices that were accessible to a broad audience.

Stefan was also a pioneer in fostering collaborations with high-profile designers. The first of these collaborations was with Karl Lagerfeld in 2004, which was a massive success and set the precedent for future partnerships with designers like Stella McCartney, Versace, and Balmain. These collaborations not only boosted H&M’s brand image but also made high fashion accessible to the masses.

Today, H&M is one of the largest fashion retailers in the world, with over 5,000 stores in more than 70 countries

Under Stefan’s leadership, H&M also became a leader in sustainability within the fashion industry. Recognizing the environmental impact of fashion, Stefan implemented several initiatives aimed at reducing the company’s carbon footprint. H&M launched its Conscious Collection in 2010, featuring clothing made from organic and recycled materials. The company also set ambitious goals for sustainability, including becoming climate positive by 2040.

Stefan’s commitment to innovation extended beyond fashion. He invested in new technologies to improve the shopping experience, both online and in-store. H&M was one of the early adopters of e-commerce, launching its online store in 1998. The company also embraced digital technologies to enhance supply chain efficiency and customer engagement.

Stefan Persson’s approach to leadership was characterized by a deep respect for the company’s heritage and a forward-looking vision. He believed in empowering employees, fostering a collaborative culture, and maintaining a customer-centric focus. Stefan was known for his hands-on approach and his ability to inspire his team to achieve extraordinary results.

In 1998, Stefan stepped down as CEO and was succeeded by Rolf Eriksen, though he remained actively involved in the company as chairman of the board. His son, Karl-Johan Persson, took over as CEO in 2009, continuing the family legacy and furthering the company’s growth. Today, H&M is one of the largest fashion retailers in the world, with over 5,000 stores in more than 70 countries. Stefan Persson’s vision and leadership have left an indelible mark on the company and the fashion industry as a whole. His ability to balance tradition with innovation, maintain a strong brand identity, and commit to sustainability has set a benchmark for other companies to follow.

Stefan’s journey from joining his father’s modest clothing store to transforming it into a global fashion powerhouse is a testament to his entrepreneurial spirit and strategic acumen. His legacy continues to shape H&M’s future, ensuring that the company remains at the forefront of the fashion industry.

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François-Henri Pinault, born in May 1962, in Rennes, France, is a prominent French businessman and the current chairman and CEO of Kering, a global luxury group that owns iconic brands such as Gucci, Saint Laurent, Balenciaga, and Bottega Veneta. Pinault’s journey in the world of business and entrepreneurship is marked by his visionary leadership, strategic acquisitions, and commitment to sustainability.

Pinault was born into a family with deep entrepreneurial roots. His father, François Pinault, founded PPR (Pinault-Printemps-Redoute), a retail conglomerate that would later transform into the luxury powerhouse Kering. François-Henri Pinault pursued his education at HEC Paris, one of the most prestigious business schools in France, where he earned a degree in 1985. His academic background provided him with a strong foundation in business management and strategy.

After completing his education, Pinault joined the family business in 1987. He started his career at PPR by working in various divisions, gaining valuable experience in retail and management. His early roles included overseeing the group’s international operations and managing several subsidiaries. This hands-on experience allowed him to understand the intricacies of the business and develop a keen sense for identifying growth opportunities.

In 2005, François-Henri Pinault took over as CEO of PPR, succeeding his father. One of his most significant achievements was the transformation of PPR from a retail conglomerate into a leading luxury group. Under his leadership, PPR underwent a strategic shift, divesting its non-core retail assets and acquiring high-end fashion brands.

Pinault’s vision was to focus on the luxury sector, recognizing its potential for growth and profitability. In 2013, he rebranded PPR as Kering, reflecting the group’s new identity and direction. The name “Kering” is derived from the Breton word “ker,” meaning “home,” symbolizing the group’s commitment to nurturing its brands and creating a sense of belonging.

He revolutionized the luxury goods industry by driving innovation and emphasizing sustainability, positioning his company as a global leader

Pinault’s tenure at Kering has been marked by a series of strategic acquisitions that have significantly strengthened the group’s portfolio. One of the most notable acquisitions was the purchase of Gucci in 1999, which has since become one of the most successful and recognizable luxury brands globally. Pinault’s leadership played a crucial role in revitalizing Gucci and positioning it as a trendsetter in the fashion industry.

In addition to Gucci, Kering acquired other prestigious brands such as Saint Laurent, Balenciaga, Alexander McQueen, and Bottega Veneta. These acquisitions have not only expanded Kering’s brand portfolio but also diversified its product offerings, catering to a wide range of luxury consumers.

François-Henri Pinault is a strong advocate for sustainability and environmental responsibility in the fashion industry. Under his leadership,

Kering has made significant strides in promoting sustainable practices and reducing its environmental footprint. The group has implemented initiatives to improve supply chain transparency, reduce carbon emissions, and promote the use of eco-friendly materials. In 2017, Pinault launched the “Fashion Pact,” a global coalition of fashion companies committed to addressing environmental challenges and promoting sustainability. The pact aims to tackle issues such as climate change, biodiversity loss, and ocean pollution. Pinault’s commitment to sustainability has earned Kering recognition as a leader in corporate social responsibility.

Beyond his business achievements, François-Henri Pinault is known for his philanthropic endeavors. He and his family have made substantial contributions to various charitable causes, including education, health, and the arts. Pinault is also a patron of the arts and has supported numerous cultural institutions and initiatives.

In his personal life, Pinault is married to actress Salma Hayek, and the couple has a daughter together. They are known for their involvement in social and humanitarian causes, using their influence and resources to make a positive impact on society.

Under his visionary leadership, Kering has not only achieved remarkable growth but also set new standards for environmental responsibility and ethical business practices in the luxury sector

François-Henri Pinault’s legacy as an entrepreneur is defined by his transformative leadership, strategic vision, and commitment to sustainability. Under his guidance, Kering has grown into one of the world’s leading luxury groups, setting new standards for the industry. As he continues to steer Kering towards greater heights, Pinault’s focus on innovation, sustainability, and social responsibility will undoubtedly shape the future of the luxury sector.

In conclusion, François-Henri Pinault is a visionary entrepreneur who has made significant contributions to the luxury fashion industry. His strategic acumen, dedication to sustainability, and philanthropic efforts have solidified his reputation as a leader who is not only focused on business success but also on creating a positive impact on the world. As Kering continues to evolve and expand, Pinault’s influence and legacy will remain integral to the company’s ongoing success and the broader luxury market.

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In the world of technology and cybersecurity, few names resonate as profoundly as Michelle Zatlyn. As the co-founder and Chief Operating Officer of Cloudflare, Zatlyn has played a vital role in steering the future of internet security and performance. Her vision and leadership have catapulted Cloudflare into a crucial service that fortifies and accelerates any Internet application without the need for added hardware, installing software, or modifying existing code.

Hailing from Saskatchewan, Canada, Michelle Zatlyn’s educational journey was marked by a commitment to excellence and a keen interest in making a substantial impact. She earned her undergraduate degree in Chemistry from McGill University, an institution renowned for its research and academic rigor. After her stint in Canada, she relocated to the United States to pursue an MBA at Harvard Business School. It was here that the foundational ideas of Cloudflare began to germinate in collaboration with her future co-founders, Matthew Prince and Lee Holloway.

Her leadership is marked by a relentless commitment to innovation leading to its expansion across more than 100 countries

Cloudflare’s inception traces back to a project conceived at Harvard Business School. The trio of founders saw a glaring need for services that could offer robust security and enhanced efficiency for websites. Officially launched in 2009, Cloudflare was set up with the mission to provide essential security features that safeguard websites from prevalent threats such as DDoS attacks, malicious software, and data breaches. Simultaneously, it aimed to enhance the performance of these sites, ensuring faster loading times and smoother user experiences.

As COO, Michelle Zatlyn’s role spans across critical business operations including strategy, product development, and customer relations. Her leadership is distinguished by an unyielding commitment to innovation, customer satisfaction, and operational excellence. These attributes have been instrumental in Cloudflare’s explosive growth. The company now operates from over 200 cities across more than 100 countries, providing vital security services to millions of websites, among them prominent organizations like IBM, Nasdaq, and the European Parliament.

As a staunch advocate for a secure and open internet, she influences global internet policy discussions

Zatlyn’s contributions have garnered numerous accolades, placing her on Fortune’s 40 Under 40, Forbes’ Top 50 Women in Tech, and Fast Company’s Most Creative People in Business. Her influence stretches beyond Cloudflare as she is a sought-after speaker on topics such as entrepreneurship, internet security, and digital innovation.

Beyond her executive responsibilities, Michelle Zatlyn is profoundly involved in global internet policy dialogue. She is a staunch advocate for an open and secure internet, championing policies that defend individuals and businesses against emerging cyber threats. Her extensive knowledge and experience make her a respected voice at major international forums where the nexus of technology and policy is discussed.

Looking to the future, Michelle Zatlyn is relentlessly pushing Cloudflare towards new technological frontiers, focusing on developing pioneering products that secure and stabilize the internet. As digital landscapes evolve, her foresight and leadership are vital in addressing the myriad challenges and seizing the opportunities that lie ahead.

Michelle Zatlyn’s narrative is one of relentless innovation, influential leadership, and a steadfast commitment to a safer internet. As she continues at the helm of Cloudflare and influences the broader tech ecosystem, her impact is set to expand, promising a more secure digital environment for users worldwide.

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In the fiercely competitive world of semiconductor manufacturing, one name has risen with meteoric impact: Dr. Lisa Su, CEO of Advanced Micro Devices (AMD). Since assuming the helm in 2014, Su has engineered a remarkable turnaround, propelling AMD from the brink of financial ruin to a position of enviable prominence in the industry.

Lisa Su’s journey at AMD began during a period when the company was beleaguered by financial losses and fierce competition, primarily from its arch-rival, Intel. Su, an electrical engineer with a doctorate from the Massachusetts Institute of Technology, brought to AMD a potent blend of technical acumen and strategic foresight. Her approach was not merely to compete but to out-innovate, focusing on high-performance computing, graphics, and visualization technologies.

Under Su’s leadership, AMD has made significant inroads into sectors previously dominated by Intel, including servers, PCs, and gaming consoles. One of the pivotal moments in her tenure was the launch of the Ryzen and EPYC processor lines. These products, characterized by their high performance and efficiency, have been instrumental in AMD’s resurgence, challenging Intel’s supremacy in the CPU market.

Su’s strategy has been multi-faceted, focusing on product innovation, strategic partnerships, and financial discipline. She emphasized the importance of developing cutting-edge technology and securing key collaborations, such as those with Microsoft for the Xbox Series X and Sony for the PlayStation 5. These partnerships have not only bolstered AMD’s revenue streams but have also enhanced its brand recognition and market share.

Under Su’s leadership, AMD transitioned from financial turmoil to a key player in the semiconductor industry, challenging Intel’s dominance

Financially, Su has overseen a remarkable recovery, transforming AMD from a company struggling with debt and uncertainty to one that is financially robust and strategically positioned for future growth. Under her stewardship, AMD’s market capitalization has soared, reflecting investor confidence in her vision and leadership.

What distinguishes Lisa Su’s leadership at AMD is her ability to anticipate market trends and position the company to capitalize on them. She foresaw the growing importance of high-performance computing and artificial intelligence, steering AMD to invest in these areas early on. This forward-thinking approach has paid dividends, positioning AMD at the forefront of these burgeoning sectors.

Su’s leadership style, characterized by a focus on innovation, execution, and people, has cultivated a culture of success at AMD. Her commitment to fostering a collaborative and inclusive work environment has been pivotal in attracting and retaining top talent, which is crucial in the fast-evolving semiconductor industry.

Lisa Su’s vision and strategic innovation have transformed AMD, positioning it at the forefront of highperformance computing and AI

In the global semiconductor arena, Lisa Su’s impact extends beyond AMD. She has become a prominent figure, advocating for the industry’s growth and resilience, especially in the face of challenges such as supply chain disruptions and geopolitical tensions. Her insights and leadership have earned her numerous accolades, including being named one of the world’s most powerful women by Forbes.

In conclusion, Lisa Su’s tenure as CEO of AMD is a testament to the power of visionary leadership and strategic innovation. She has not only transformed AMD into a formidable player in the semiconductor industry but also redefined what is possible, charting a course for the company’s continued success in the digital age. Under her guidance, AMD’s journey from the edge of failure to the pinnacle of technological innovation stands as a compelling narrative of revival and resilience.

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Marc Benioff, the CEO and founder of Salesforce, emerges as a colossus in the technology domain, celebrated for his groundbreaking vision and philanthropic endeavours. Born on 25 September 1964 in San Francisco, California, Benioff’s foray into the tech world commenced remarkably early. Exhibiting a keen interest in computing from a tender age, he crafted his inaugural application, “How to Juggle,” at merely 15, which he then sold for $75. His entrepreneurial flame was kindled during his adolescence when he established Liberty Software, crafting and vending games for the Atari 8-bit system.

Benioff’s academic odyssey took him to the University of Southern California, where he graduated with a Bachelor of Science in Business Administration. Following his graduation, he joined Oracle Corporation, swiftly climbing the corporate echelon to become the youngest vice president in the history of the company. His 13-year tenure at Oracle was distinguished by notable achievements and invaluable learning experiences, setting the stage for his future ventures.

Under Benioff’s stewardship, Salesforce transformed from a fledgeling startup in a rented flat to a global juggernaut

In 1999, Marc Benioff launched Salesforce, a company destined to revolutionise the software industry with its avant-garde cloud-based customer relationship management (CRM) service. Salesforce’s business model, which shunned traditional desktop software in favour of applications hosted on the internet, was revolutionary. This paradigm not only rendered CRM software more accessible but also more economical and scalable for businesses of varying sizes.

Under Benioff’s stewardship, Salesforce transformed from a fledgeling startup in a rented flat to a global juggernaut, consistently lauded among the most innovative companies worldwide. The firm’s meteoric rise has been fuelled by ceaseless innovation, forays into new markets, and strategic acquisitions, including the noteworthy purchases of MuleSoft, Tableau, and Slack.

His leadership style is characterised by empathy, inclusivity, and a focus on community

Beyond his business prowess, Marc Benioff is equally acclaimed for his commitment to social responsibility and philanthropy. He champions the “1-1-1 model,” advocating for companies to donate one per cent of their equity, one per cent of their products, and one per cent of their employees’ time to charitable causes. This model has galvanised countless other corporations to adopt similar philanthropic practices.

Benioff’s influence also extends to his advocacy for the ethical use of technology, environmental conservation, and corporate activism. He has been an outspoken supporter of climate action and addressing income inequality. His leadership style, characterised by empathy, inclusivity, and a focus on community, establishes a benchmark for modern corporate leadership.

Marc Benioff’s journey from a young software enthusiast to the CEO of one of the world’s most influential tech companies is a testament to his visionary leadership, entrepreneurial spirit, and unwavering commitment to effecting positive change in the world. His legalegacy encompasses not only the transformation of the CRM industry but also the shaping of a more equitable and sustainable future through technology and philanthropy, embodying the ethos of British diligence and innovation in every endeavour.

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In the tumultuous waters of 2020, Ryan Roslansky assumed the helm as LinkedIn’s CEO, navigating the professional networking giant through uncharted territories. His tenure began amid the cacophony of a global health crisis, a seismic shift towards remote work, and the ensnaring grip of a supply chain crisis, painting a daunting vista for any leader, let alone one newly appointed.

Roslansky, whose philosophical compass was calibrated by a Shakespearean quote cherished by his father, faced these adversities with a resilience that seemed to echo the bard’s wisdom on character and adversity. His approach was not to merely weather the storm but to chart a course through it, transforming challenges into opportunities for growth and innovation.

Under his stewardship, LinkedIn, a platform that has long served as a barometer for the professional pulse of the world, rapidly evolved. Roslansky’s strategy hinged on what he termed a “skills-first mentality,” a pivot from traditional hiring paradigms focused on degrees and pedigrees to a more dynamic understanding of talent, underscored by capabilities and adaptability.

This shift was emblematic of the broader transformation Roslansky spearheaded within the organization. LinkedIn, under his guidance, introduced new features aimed at supporting its members through the vicissitudes of job markets turned volatile by the pandemic. The company embraced a hybrid work model, recognizing the changing contours of work-life balance and the diverse needs of its workforce.

Roslansky’s leadership philosophy, seemingly influenced by conversations with luminaries like Microsoft’s Satya Nadella and former Burberry CEO Angela Ahrendts, underscores the essence of adaptive leadership. It’s a testament to his belief in the potential for growth in adversity—a belief that has not only steered LinkedIn through uncertain times but has also redefined the platform’s role in a changing global workforce.

The “tours of duty” concept, initially introduced by LinkedIn co-founder Reid Hoffman, found renewed emphasis under Roslansky. It epitomized the company’s commitment to internal mobility and skill development, fostering a culture where employees are encouraged to explore diverse career paths within the organization.

Roslansky’s tenure is marked by a recognition that the most valuable asset any organization has is its people. By focusing on nurturing the skills and careers of LinkedIn’s workforce, he has not only enhanced the company’s resilience but also its capacity for innovation.

In a landscape where disruption is the only constant, Roslansky’s journey at the helm of LinkedIn serves as a compelling narrative of leadership that thrives on change. It’s a narrative that underscores the importance of an adaptive mindset, one that views turbulent waters not as a peril but as an opportunity to redefine the very essence of how business is conducted in a digitally interconnected world.

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Satya Nadella’s tenure as CEO of Microsoft marks a remarkable chapter in the annals of the tech industry. His leadership heralded a renaissance for a company once perceived as a laggard in the fast-evolving technology landscape. Before Nadella’s ascension in February 2014, Microsoft, a pioneer in personal computing with operating systems like DOS and Windows, had stumbled, particularly during the mobile revolution initiated by Apple’s iPhone.

In the early 21st century, Microsoft often found itself relegated to the sidelines, struggling to match the innovative strides of competitors. Despite its continued profitability, rooted in its personal computing and enterprise software ecosystem, the company was frequently critiqued for its lack of innovation and underwhelming stock market performance.

However, the narrative shifted dramatically with Nadella at the helm. Embracing a philosophical and strategic overhaul, he steered Microsoft away from its erstwhile confrontational stance towards Apple, allowing the integration of Microsoft Office products on Apple devices. This move signified a broader shift in the company’s approach, embracing collaboration over confrontation.

Before Nadella’s ascension, Microsoft had stumbled, particularly during the mobile revolution initiated by Apple’s iPhone

One of Nadella’s most significant decisions was to invest heavily in Microsoft Azure, the company’s cloud infrastructure business. Azure blossomed under his guidance, becoming the company’s most lucrative division and securing its position as the second-largest cloud infrastructure business, trailing only Amazon Web Services. Notably, Azure’s growth trajectory has outpaced its larger competitor, reflecting Nadella’s foresight and strategic acumen.

Under Nadella’s leadership, Microsoft has made several key acquisitions, including LinkedIn, GitHub, and Activision Blizzard. These strategic moves have diversified Microsoft’s portfolio, strengthening its position in areas like advertising and open-source code development. However, perhaps Nadella’s most notable achievement is the partnership forged with OpenAI, in which Microsoft now owns a near 50% stake. This alliance has positioned Microsoft at the forefront of generative artificial intelligence (AI), with OpenAI’s technology integrated into various Microsoft products such as Azure, Office software suite, Bing search, and others.

The impact of these strategic decisions is evident in Microsoft’s financial performance. Since Nadella took the reins, Microsoft’s stock has surged by 934%, significantly outpacing the S&P 500. This remarkable growth is a testament to Nadella’s vision and leadership, propelling Microsoft back to the zenith of the tech world. In 2023, Microsoft’s resurgence under Nadella’s guidance has been unmistakable, firmly establishing the company as a dominant force in the technology sector once again.

One of Nadella’s most significant decisions was to invest heavily in Microsoft Azure, the company’s cloud infrastructure business

In summary, Satya Nadella’s leadership at Microsoft represents a masterclass in corporate turnaround. By embracing innovation, strategic acquisitions, and partnerships, he has not only revitalized a tech giant but also reshaped the industry landscape, redefining what is possible for a legacy technology company in the modern era.

Photo: Brian Smale/Microsoft

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Born Martha Kostyra in 1941, in Jersey City, New Jersey, Stewart’s journey from a stockbroker to a domestic doyenne is a tale of ingenuity, resilience, and an unerring eye for opportunity.

Stewart’s foray into the business world began with a modest catering service, launched from her Connecticut home in the late 1970s. Her flair for exquisite presentation and meticulous attention to detail soon won her a high-profile clientele. It was this venture that set the stage for her ascent into the stratosphere of entrepreneurial success.

In 1982, Stewart’s first book, “Entertaining,” debuted to widespread acclaim. This tome, a treasure trove of recipes and decor tips, encapsulated Stewart’s philosophy: that anyone could create beautiful, memorable experiences with the right guidance. The book’s success was a harbinger of the influence Stewart would come to wield in the worlds of publishing and beyond.

The early 1990s marked a pivotal expansion of the Martha Stewart brand. The launch of “Martha Stewart Living” magazine in 1990, under Time Publishing Ventures, marked a seismic shift in lifestyle publishing. The magazine, a perfect alchemy of gardening, cooking, and decorating advice, all served with Stewart’s signature polish, struck a chord with readers across America. It wasn’t just a magazine; it was a blueprint for living.

Stewart’s media presence burgeoned with “Martha Stewart Living” television show in 1993, offering viewers a daily dose of her lifestyle expertise. The show’s success added to Stewart’s growing stature as a household name and a trusted guide in all things domestic.

Martha Stewart transformed homemaking into a lucrative empire, blending creativity with business acumen

The Martha Stewart brand, however, was more than just media presence. It was a savvy business enterprise that expanded into various product lines. Stewart’s partnership with Kmart in 1997 to launch a line of bed and bath products was a pioneering move, bringing designer-quality goods to mass retail. This venture was a testament to Stewart’s business acumen, understanding her audience’s desire for affordable luxury.

Despite facing personal and legal challenges in the early 2000s, Stewart’s brand resilience was undeniable. Her comeback was marked by diversifying into various ventures, including publishing, television, and e-commerce. The launch of Martha Stewart Living Omnimedia, her media and merchandising company, encapsulated her business savvy, creating an umbrella brand for her various ventures.

Her Living’ magazine, launched in 1990, redefined lifestyle publishing with its unique blend of home tips

Today, Martha Stewart’s legacy transcends her role as a lifestyle guru. She is a testament to the power of personal branding, a pioneer in turning a passion into a profitable business, and a beacon for aspiring entrepreneurs worldwide. Her journey from a humble caterer to a media mogul underscores the adage: with vision and hard work, any dream is achievable.

Stewart’s story is not just about entrepreneurship; it’s about redefining an industry. She didn’t just make homemaking fashionable; she turned it into an art form, accessible to all. In doing so, Martha Stewart didn’t just build a business; she crafted an empire, a legacy that will inspire generations to come.

Photos: Martha Stewart Facebook

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In the landscape of modern entrepreneurship, few stories are as compelling as that of Brian Chesky, co-founder and CEO of Airbnb. Chesky’s journey from a struggling designer to the head of a company that transformed the travel industry epitomises innovation, persistence, and the power of a simple idea executed well.

Chesky, along with co-founders Joe Gebbia and Nathan Blecharczyk, launched Airbnb in 2008, a time when the concept of sharing one’s home with strangers was far from mainstream. The trio’s vision was both simple and revolutionary: a platform where individuals could list their spare rooms for travellers. What constarted as a way to earn extra money to pay rent in San Francisco has burgeoned into a global phenomenon, redefining the way people experience the world.

The path to success was not straightforward. Early scepticism and regulatory hurdles threatened to curb Airbnb’s growth. Yet, Chesky’s leadership steered the company through these challenges. He fostered a culture of innovation and adaptability that allowed Airbnb to evolve rapidly, meeting the needs of both hosts and travellers and often setting the trend for the sharing economy.

Brian Chesky’s philosophy of ‘living anywhere’ has catalysed a shift in how we perceive travel and accommodation

Chesky’s approach to entrepreneurship is holistic. He emphasises the importance of a strong corporate culture, one that prizes creativity, collaboration, and a customer- centric ethos. Under his guidance, Airbnb has not only offered an alternative to traditional hotels but has also spurred a broader discussion on trust and community in the digital age.

The influence of design on Chesky’s business philosophy is palpable. He approaches problems with a designer’s eye, constantly iterating and refining Airbnb’s service. This design thinking has enabled Airbnb to remain at the forefront of the industry, despite increased competition and market saturation.

Beyond business, Chesky advocates for a more inclusive and sustainable form of tourism. He recognises the potential impact of travel on local communities and works towards ensuring that Airbnb conintributes positively to the areas it operates in. His vision extends to influencing the future of work, encouraging freedom, flexibility, and a sense of belonging, irrespective of where one’s ‘office’ might be.

Chesky’s leadership during the pandemic exemplifies the resilience and adaptability that are quintessential traits of a successful entrepreneur in the face of global adversity

In conversations, Chesky often reflects on the lessons he’s learnt as an entrepreneur. He underscores the significance of resilience, the value of customer feedback, and the necessity of taking calculated risks. His advice is sought after by upcoming entrepreneurs who see in him a mentor and a beacon of innovative thought.

Brian Chesky’s story is far from over. As he continues to push the boundaries of the sharing economy, his experiences offer rich insights into the dynamics of modern business and the evolving nature of work and leisure. His journey serves as an inspiration to many, proving that with vision and tenacity, even the simplest of ideas can change the world.

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Susan Wojcicki’s leadership journey in the digital realm is emblematic of a rare confluence of analytical prowess and a fervent commitment to innovation.

Her formative years, spent amidst the scholarly environs of Stanford, laid the groundwork for a leadership paradigm that emphasizes the nurturing of groundbreaking thought.

At the heart of Wojcicki’s leadership ethos lies the core tenet of innovative leadership. She’s sculpted a corporate culture at Google where innovation isn’t merely a buzzword; it’s the bedrock.

Wojcicki’s perspective pivots around the conviction that every individual within the organisation, regardless of stature, has the potential to be a crucible of transformative ideas. This belief, far from being theoretical, has been instrumental in shaping Google’s strategic blueprint, ensuring that it remains in step with broader organisational milestones and Wojcicki’s singular mission of crafting solutions tailored to the end-user.

“At the heart of Wojcicki’s leadership ethos lies the core tenet of innovative leadership”

This Stanford-bred tech luminary’s commitment to fostering innovation doesn’t end at rhetoric. Wojcicki actively and consistently champions a culture of feedback within Google. Each recommendation, regardless of its origin, undergoes her meticulous scrutiny. This detailed, hands-on approach is underscored by a dual intent: recognising the inherent value in team-driven suggestions and discerning their alignment with Google’s overarching vision. The fruits of this method are palpably evident.

Several of Google’s now flagship services, including the intuitive facets of AdWords and the pioneering Google Art Project, which brings the majesty of museum art to the masses, owe their genesis to Wojcicki’s unwavering belief in collective innovation.

By fostering a corporate ecosystem where each idea is cherished, where innovation is not just welcomed but is seen as essential, Susan Wojcicki has not only guided Google’s trajectory but has also crafted a legacy that will serve as a blueprint for future leaders in the digital space.

In Wojcicki’s world, every voice matters, every suggestion holds potential, and innovation is the North Star guiding the voyage.In the digital epoch, Susan Wojcicki stands tall as a symbiosis of analytical insight and pioneering innovation. Shaped by her Stanford roots, Wojcicki has championed a leadership style intrinsically linked to fostering fresh ideas and pushing boundaries.

“Every employee, irrespective of their designation, is seen as a potential catalyst for groundbreaking change”

At the crux of her ethos is the philosophy of innovative leadership. Under her aegis, Google has been transformed into a sanctuary where the spirit of innovation isn’t just encouraged but is foundational. Every employee, irrespective of their designation, is seen as a potential catalyst for groundbreaking change. This intrinsic belief has dynamically shaped Google’s strategic trajectories, ensuring it harmonises with overarching objectives and Wojcicki’s vision of delivering user-centric solutions.

Beyond her philosophy, Wojcicki’s hands-on approach in embracing feedback stands out. Every proposal, every suggestion is meticulously vetted by her, discerning its potential to augment Google’s mission. This approach birthed some of Google’s most iconic services. The astuteness of AdWords and the avant-garde Google Art Project, which democratised access to museum masterpieces, are testimonies to Wojcicki’s belief in collaborative innovation.

After her illustrious stint at Google, culminating in her role as You- Tube’s CEO, Wojcicki decided to step down a few months ago. Yet, her legacy remains indelible. By cultivating an ethos where every idea is treasured and innovation is the guiding light, Susan Wojcicki has not just set a course for Google but has etched a leadership blueprint for the digital age.

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With a portfolio boasting a colossal $10 trillion in assets under management as of 2021, BlackRock under Fink’s leadership is no longer just an investment firm—it’s an institution that wields the sort of influence usually reserved for central banks and national governments.

THE GENESIS OF A FINANCIER

Born in 1952 to a shoe-store owner and an English professor, Fink grew up in a middle-class family in Van Nuys, California. After completing his undergraduate studies in political science at UCLA, he ventured to Wall Street, joining investment bank First Boston in 1976.

At First Boston, Fink was a star in the bond department but tasted bitter failure when he miscalculated interest rates, leading to substantial losses for the firm. This setback was formative; it not only imparted him with critical lessons but also set the stage for the risk management approaches he would later instil at BlackRock.

THE RISE OF BLACKROCK

Fink founded BlackRock in 1988, along with seven other Wall Street professionals, initially as a risk management and fixed-income institutional asset manager. The firm grew steadily but exploded onto the global financial stage after the 2008 financial crisis.

Fink’s understanding of risk had helped BlackRock navigate the subprime mortgage crisis more adeptly than most

Fink’s understanding of risk had helped BlackRock navigate the subprime mortgage crisis more adeptly than most. The firm’s assets swelled as it was called upon to clean up the financial mess left in the wake of the collapse of Lehman Brothers and others. By the end of 2009, Black- Rock had acquired Barclays Global Investors, making it the largest asset manager in the world.

A STEWARD OF CAPITAL WITH A MORAL COMPASS

In a world of quarterly earnings reports and immediate gratification, Fink has become an unlikely advocate for long-term planning. His annual letters to CEOs, akin to pastoral letters in the business community, increasingly reflect a broader societal role. In these missives, Fink has exhorted companies to think beyond just profit and consider their environmental, social, and governance (ESG) impact. He has warned that BlackRock would not hesitate to disengage from companies failing to demonstrate a commitment to longterm, sustainable value creation.

This is not mere virtue-signalling. BlackRock has followed through with palpable actions, such as siding with “Engine No. 1” in a proxy battle to replace directors of ExxonMobil who were perceived as not doing enough to combat climate change.

STYLE AND SUBSTANCE

Fink is often described as analytical but pragmatic, with a management style that blends attention to detail with an overarching vision. He is renowned for his ‘no shortcuts’ work ethic and a longterm orientation that prioritises strategic planning over tactical manoeuvring.

Larry has warned that BlackRock would not hesitate to disengage from companies failing to demonstrate a commitment to long-term, sustainable value creation

His success can be attributed to a culture of openness and measured risk-taking, something he has fostered at BlackRock since its inception.

AN UNSETTLED LEGACY?

However, Fink’s exertion of moral and financial influence hasn’t been universally welcomed. Critics argue that BlackRock’s ESG goals are more about public relations than genuine impact, particularly given the firm’s significant investments in fossil fuels.

More pointedly, Black- Rock’s deepening engagement with Chinese markets, including those companies blacklisted for human rights abuses, has led to accusations of hypocrisy.

Moreover, BlackRock’s enormous scale and influence in capital markets have raised questions about market concentration and systemic risk, factors that regulators are beginning to scrutinise more closely. Larry Fink is a man of many facets: a prodigious financier, a corporate moralist, and a global influencer. He has successfully turned BlackRock from a Wall Street outsider into a pre-eminent institution, impacting how both the financial industry and its regulators conceive of risk and responsibility. Yet as he continues to navigate the complex interplay between profit and purpose, his ultimate legacy remains an open question.

Nonetheless, what is clear is that Fink has irreversibly altered the landscape of global finance, in ways both tangible and philosophical.

The post The Architect of Modern Asset Management appeared first on CorD Magazine.

We will delve into the life and accomplishments of Sam Altman, exploring his journey from a childhood in Missouri and university at Stanford to becoming a prominent figure in the tech world.

Get ready to uncover the story behind this trailblazing innovator and learn how his unwavering dedication and foresight continue to shape the future of technology.

Sam Altman was born in 1985 in Chicago. His journey began in St. Louis, Missouri, where he spent his formative years cultivating a curiosity for technology. Fun fact, he got his first personal computer at the age of 8. In retrospect, Sam Altman’s early life and education may have been instrumental in shaping his path towards becoming a tech industry titan. Altman attended John Burroughs School, a prestigious private prep school in the St. Louis Metro area, UK. Upon graduation, Altman enrolled at Stanford University, pursuing a major in computer science.

However, he didn’t complete his Stanford education; instead, he dropped out in 2005 to found Loopt, a location-based social networking company, with the seed funding he got from being a part of the initial batch of Y Combinator.

Altman served as the CEO of Loopt until Green Dot Corporation acquired the company for £43.4 million in 2012. Co-founding Loopt while still at Stanford was just the beginning of a remarkable journey leading him to prominence in technology and entrepreneurship. After Loopt’s acquisition by Green Dot Corporation, Altman continued to immerse himself in the startup ecosystem.

In 2012, Sam Altman partnered with his brother, Jack Altman, to establish Hydrazine Capital, an early- stage venture capital firm. This firm focused on investing in various sectors, including life sciences, education, speciality foods, marketplaces, big data, healthcare, consumer networks, enterprise software, and internet-connected hardware.

Bold ventures and an unwavering commitment to innovation marked Sam Altman’s early career in the tech industry

Altman joined the renowned startup accelerator Y Combinator in 2011 as a part-time partner. Later, in 2014, Altman was appointed president of Y Combinator, succeeding the co-founder, Paul Graham. Under Altman’s leadership, the accelerator continued to thrive, fostering the growth of numerous startups and solidifying its reputation as a powerhouse in the tech industry.

By 2016, Altman had become the president of the newly expanded YC Group, encompassing YC and its subsidiaries, including growth-stage equity fund YC Continuity and YC Research, a non-profit research lab partially funded by a £10 million donation from Altman, and the accelerator’s new online class. He stepped down as President of YC Group in 2019. Sam Altman relinquished his position as YC Group President in 2019 and was announced by YC as a chairman at YC. By early 2020, Altman was no longer associated with YC.

After transitioning from his role at Y Combinator, Sam Altman co-founded OpenAI in 2015 with a group of renowned tech entrepreneurs and researchers, including Elon Musk, Greg Brockman, Pamela Vagata, Ilya Sutskever, Trevor Blackwell, Vicki Cheung, Andrej Karpathy, Durk Kingma, John Schulman, and Wojciech Zaremba.

OpenAI is a prominent research and deployment organisation in artificial intelligence (AI). Its core mission revolves around ensuring that the development of artificial general intelligence (AGI) benefits all of humanity. OpenAI’s mission statement highlights its commitment to creating highly autonomous systems “to ensure that artificial general intelligence – highly autonomous systems that outperform humans at most economically valuable work – benefits all of humanity.”

Altman held board positions at energy firms Helion, UPower, and Oklo. WorldCoin is a project co-founded by Sam Altman in 2020 to create a global cryptocurrency that can be fairly distributed to everyone. The company’s mission is to create a global ID, a global currency, and an app that enables payment, purchases, and transfers using its own token. 

Altman believes entrepreneurship and innovation are critical economic growth and societal progress drivers

Beyond his work with Y Combinator, Altman has also been an active angel investor, backing a variety of successful startups such as Instacart, Reddit, Pinterest, Clever, Asana, Optimizely, Airbnb, Stripe, Teespring, Zenefits, FarmLogs, True- North, Rescale, Alt, Helion Energy, BRINC, TrialSpark, Roboflow, Wave Mobile Money, Humane, Coco, Kami, LeadGenius, Soylent, and Wevorce.

In 2014, Altman became the CEO of Reddit for eight days after the previous CEO resigned. Altman has also invested as a partner in companies such as Beacon AI, Apollo Projects, Cadoo, Boom Supersonic, Titan, Rescale, Reddit, Lob, Change.org, Fibo, and Quora. Some of his prominent exits include Virool, URX, Swiftype, Quill, PlanGrid, Oyster, Optimizely, Nervana, Kimono Labs, and Exec. His keen eye for promising ventures and unwavering support for innovative ideas have contributed to the growth and success of countless companies.

In 2008, Businessweek magazine recognised Altman as one of the “Top Young Tech Entrepreneurs.” Forbes magazine also named him a leading investor under 30 in 2015. Paul Graham, Y Combinator co-founder, ranked him among the five most captivating startup founders between 1979 and 2009. Altman also received an honorary Doctor of Engineering degree from the University of Waterloo in 2017 in recognition of his work supporting companies in its Velocity entrepreneurship programme. As the former president of Y Combinator and the founder of the YC Group, Altman has been a strong advocate for nurturing and supporting startups. He encourages aspiring entrepreneurs to take risks, learn from failures, and persist in pursuing success. Altman envisions technology as a powerful tool to transform society for the better. He believes that advancements in AI and other emerging technologies have the potential to revolutionise industries, improve quality of life, and drive economic growth.

The post From Dropout to Tech Titan: The Remarkable Journey of Sam Altman appeared first on CorD Magazine.

Fifty-one-year-old Torger Christian Wolff, aka Toto Wolff, is an Austrian billionaire motorsport executive and former racing driver who has come a long way from his humble beginnings in the sport, when he competed in the Austrian and German Formula Ford championships from 1992 to 1994, the pinnacle of which was his 1994 category win in the Nürburgring 24 Hours touring car and GT endurance race.

Born in Vienna in 1972 to a Polish mother and a Romanian father, Wolff grew up in the city, where he attended the French Lycée of Vienna, a prestigious French school in Vienna’s Alsergrund district. After the death of his father when he was just 15, the young Toto perhaps turned all his attention to driving and motorsports.

Following his early successes on the racetrack, Wolff founded his first investment company – Marchfifteen – which unsurprisingly focused on an area of great interest to motorsport: early-stage technology investments. One of the company’s key investment avenues has been in company HWA, which has been listed on the Frankfurt Stock Exchange since 2007 and is responsible for developing and racing Mercedes-Benz racing cars for the German Touring Car Championship and Mercedes-Benz Formula 3 engines.

Back on the track, Wolff finished 6th overall in the N-GT category in the 2002 FIA GT Championship, before transferring to the Italian GT Championship in 2003 and the FIA GT Championship in 2004, teaming up with fellow driver Karl Wendlinger. Runner-up in the 2006 Austrian Rally Championship and winner of the 2006 Dubai 24 Hour, Wolff took the lap record at the Nürburgring in 2009, driving a Porsche RSR, and has also served as an instructor at the Walter Lechner Racing School.

It is perhaps his enduring and diverse career as a driver that provided Wolff with the prowess, knowledge and experience required to head the super successful Mercedes-AMG Petronas F1 Team.

He married former Scottish karting ace and racing driver Susie Stoddart (now Wolff) in 2011, and his wife has also gone on to record great successes off the track, as she is the current MD of the F1 Academy.

I make no difference between the driver and every other employee in the company

And Toto isn’t just an ace behind the wheel and in business, he’s also something of a polyglot – fluent in German, English, French, Italian and Polish – and has some enviable academic achievements to his name. For instance, in May 2021 he was awarded an Honorary Doctorate from Cranfield University for his services to Motorsport and in November of the same year was appointed an associate fellow at the University of Oxford’s Saïd Business School for two years, tasked with transferring from the racetracks to the lecture hall his understanding of high-performance culture, team leadership and personal effectiveness.

His leadership of the Mercedes- AMG Petronas F1 Team was even the subject of a 2022 Harvard Business School case study and Wolff was subsequently also named an executive fellow at Harvard Business School, a role in which he will serve as guest lecturer alongside Professor Anita Elberse, who authored the aforementioned case study.

“It’s really difficult to find a team that has won what is effectively a world championship eight times in a row,” said Elberse.

Toto’s solid work on the track, but more importantly excellent business choices off it, led him to be in a position to launch his career as an F1 executive in 2009 by acquiring a 15% stake in the Williams F1 team. However, he was soon compelled to sell his Williams shares after agreeing to become Mercedes-Benz’s head of motorsport in 2013. He thus became a shareholder and executive director of Mercedes-AMG High Performance Powertrains, taking on the responsibility for developing and managing the Mercedes’ engine programme and spearheading projects on Mercedes power units, and in the process gaining invaluable knowledge of Mercedes- Benz motorsport activities.

It was then, in 2013, that this Austrian former endurance racing driver and tech investor became team principal of the Mercedes-Benz AMG Petronus F1 team, prompting then Mercedes-Benz chairman Dieter Zetsche to say at the time, “As an entrepreneur, investor and motorsport manager, Toto Wolff has proven that this sport runs in his blood; at the same time, he is also well aware of the economic necessities of the business.”

And it is no coincidence that 2013 was also the year British driver Lewis Hamilton turned his back on British team McLaren and signed with Mercedes.

“I will give up a world championship any day of the week in order to keep my integrity. I think that’s how we operate,” he said, before adding that a win-at-all-costs attitude should be consigned to the past.

I’m responsible for hiring and development, and developing the right people. So, I should be empowering

“We need to have a degree of loyalty and integrity. And if you don’t, then your success is going to be shortlived,” insisted Wolff, before admitting that there are seemingly some organisations and sports teams that “have nothing of that” but are nonetheless successful.

Mercedes currently ranks second in the 2023 F1 constructors’ standings, immediately behind the Red Bull team.

When asked about his preferred method for resolving situations that go awry, Toto was direct and concise: “I’m responsible for hiring and development, and developing the right people. So, I should be empowering.” Admitting that most people’s instinctive response is to point the finger of blame at someone else when something goes wrong, he explains that in most cases it’s actually the process that’s failed, not the person… “And I think that is very important to actually remind yourself … we blame the problem; we don’t blame the person.” He also warns that leaders need to be selective and know when to intervene, despite often being control freaks by nature. “My experience is that people that run organisations are in a way control freaks, it’s very difficult for them to let go. So, for me, the notion of a functional control freak is someone who knows everything that’s going on, but doesn’t interfere in everything that’s going on… and who gets that balance right.”

Indeed, Toto admits that striking the right balance isn’t always easy. “I’m an emotional person, I’m very passionate about the sport.”

When it comes to managing his team and getting the best out of them, Toto stresses the importance of not giving drivers special treatment compared to other team members. “I really like to interact with high performance people, superstars. And I have 2,500 of them. I make no difference between the driver and every other employee in the company,” he said. “And if you’re able to channel that in the right way, you have an organisation and a successful team. A superstar team rather than a team of superstars,” he said, before admitting “I stole that sentence, I think from an Instagram post.”

The post From Racing Cockpit To Executive Armchair, The Tale Of Toto Wolff appeared first on CorD Magazine.

When British-Indian podcaster, author and life coach Jay Shetty conducted an Instagram poll back in 2018 asking if his videos had had a positive impact on the lives of viewers, 97 per cent of respondents said that they had.

In the viral world today, this former monk and co-founder of company Same Tea has a clever way of getting his message across in such a way that wisdom goes viral.

Here we take a deeper look into the story of this man who has made inspiration go viral and continues to awaken people with his inspirational videos on a daily basis. Some of his social media videos have helped people get over a bad relationship, while others have helped dealing with conflicts related to work conflicts.

MONK TURNED ENTREPRENEUR

Shetty had a pretty normal UK urban life growing up in Barnet, North London… or at least until he grew up to the world of parents’ expectations. “Parental pressure took over and out came the quintessential ambitious dream of every Indian parent: for their child to be a doctor or an engineer,” Jay Shetty said. But he had his own dreams, and they prompted him to follow the path of philosophy and behavioural studies. It was while studying at business school that Shetty found himself inspired by entrepreneurs and CEOs. “But there was one incident that changed it all – when a monk came to speak at my University. At 22, I decided to be a monk,” said Shetty.

Having always been fascinated by behavioural science and ancient wisdom, Shetty, who spent every other summer in India growing up, decided to strike a balance between old books and new science. He spent his time as a monk studying behavioural science and learning more about the human mind. And in 2016 he finally found that balance. He turned to online videos and found a ray of hope in the dark alleys of the web. “I wanted to build a platform that enables people to have healthy discussions and build meaningful conversations.” And today he has developed his practises to become one of the most renowned names on the web. “People would watch my videos and forward them on to their friends via WhatsApp. That would lead to discussions, to someone else who felt the same way receiving the chance to share their thoughts,” he said.

I wanted to build a platform that enables people to have healthy discussions and build meaningful conversations

Astonishingly, he hit two billion views in 18 months. “The response was incredible and I got thousands of messages. Whether the issue was suicide or divorce, people were able to find a positive way out of difficult situations. And that’s where my joy and passion for doing these videos was born,” he said.

CONTENT CREATION PROCESS

You are bound to come across Shetty’s videos when scrolling through Facebook or Instagram and will almost certainly find yourself unable to scroll on before checking them out. Why? His videos are relatable to everyone as they are inspired by people. His talks are based on scientific study. Having spent a decade studying behavioural science, he was able to connect with people. “It wasn’t just that. When I was speaking to people about their issues, something would just click and I would know that I have to talk about it. My videos often aren’t scripted and are based on real life experiences,” says Jay.

He has today achieved remarkable success, but not many believed in his path initially. He has always received the full support of his parents, but his decision to become a Vedic monk brought questions from many – from his Grandma to his aunts, who believed he was wasting his life. “Not many people thought it would work, but I have managed to carve out my own journey,” insists Jay.

SUCCESS TO LEARN FROM

But even today he can’t explain his success as being the result of a well-devised plan. “I never thought of it as a business plan. That’s the trick – just start with the content and if it works for people, evolve it into a business. For me, the plan was never to be rich or to have this as a full-time job. When I began, the idea was to just start,” he admits. However, he nonetheless has a few words of advice for other entrepreneurs. “The more you go to the depth of the problem you are trying to solve, the higher your company will grow,” he said.

We all have interesting ideas, but Jay believes it is good execution that defines success. “Good ideas are worth a million dollars, but it all depends on the implementation. You need to have the resilience and desire to succeed,” he said.

The more you go to the depth of the problem you are trying to solve, the higher your company will grow

As entrepreneurs embark on their journey, they often draw inspiration from billionaire entrepreneurs, but Jay thinks we should redefine the word billionaire. “Let it not be defined by a man’s material riches, but rather by how they have each impacted a billion lives,” he said.

He calls on budding entrepreneurs to recognise that everyone has failed; every big idea has been rejected by someone. “Years of hard work are required for an idea to succeed. You need to have resilience and grit, to care about the idea’s sincerity. Move with your heart, but monetise with your head,” says Jay, who knows that this is true from personal experience, having been rejected by 10 media companies.

When he’s not inspiring the world with his podcasts, Jay gives talks at major companies – including the like of Google and Microsoft – and interviews top personalities like Russell Brand… His inspiration has seemingly impacted everyone, but he’s not stopping there. He now plans to work on educational courses and stage more live events and digital shows, as well as authoring books that can serve to inspire yet more people.

The post Revealing The Wisdom Of The Jay Shetty Viral Phenomenon appeared first on CorD Magazine.