Welcome to How Leaders Lead, where every week you get to listen in while I interview some of the very best leaders in the world.

I break down the key learning so that by the end of the episode, you'll have something simple you can apply as you develop into a better leader.

That's what this podcast is all about.

Today's guest is Eric Gleacher,

a former Marine Corps officer and investment banker who, along with a handful of others,

pioneered and developed the mergers and acquisition industry and transformed the face of American business by making big bets and calculated risks.

What you'll hear in this episode is that Eric believes the world belongs to the aggressive.

The way he leads is by taking risk, but we're not talking about delusional optimism here.

Yes, it's the leaders who are willing to take risks that will be

successful, but only if it's done in the right way and at the right time. Now, perhaps you have a

big decision coming up and you're wondering if it's worth the risk. I think you'll get a lot out of

today's episode. Perhaps this will actually be the boost that you need to

charge forward. So here's my conversation with my good friend and soon to be yours, Eric Leach.

You know, Eric, I want to first of all congratulate you on your new book.

What was the thinking behind the title, Risk, Reward, Repeat?

The thinking is that to be successful in this world where so much is going on so fast in so many places that a businessman, regardless of what kind of business he's in,

has got to be comfortable with taking risk. It won't happen unless you take chances,

and obviously all the chances don't necessarily turn out. So that's the risk. If you are successful,

I believe you have to reward those who helped you.

So in my case, the universities that gave me scholarships and afforded me the chance to go and various people.

And then repeat is that you hope you influence people to do some of the things that you've done.

In my case, it was philanthropy.

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