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How Leaders Lead with David Novak

#88: Carol Loomis, Fortune Magazine Former Senior Editor-At-Large—Taking It One Step at a Time

How Leaders Lead with David Novak

David Novak Leadership

Entrepreneurship, Business, Management

4.8596 Ratings

🗓️ 23 June 2022

⏱️ 46 minutes

🧾️ Download transcript

Summary

Today’s guest is Carol Loomis, Former Senior Editor-at-large at Fortune magazine. There’s so much I admire about how Carol has navigated her career. She’s blazed her own trail and done things no women had ever done before in the journalism field, which has paved the way for women in other industries too. Not only did she create what is known today as the Fortune 500 list, she was an advisor, editor, and friend to Warren Buffet, who she’d talk to almost daily for decades. She even wrote a book about him called “Tap Dancing to Work.” But what stands out to me about how Carol leads is that she’s taken one step at a time. She pushed through barriers and made a name for herself by doing excellent work until she retired from Fortune after working there for 60 years. There’s a lot to learn about her tenacity and drive, and her one step at a time approach. Take your learning further. Get proven leadership advice from these (free!) resources: The How Leaders Lead App: A vast library of 90-second leadership lessons to stay sharp on the go  Daily Insight Emails: One small (but powerful!) leadership principle to focus on each day Whichever you choose, you can be sure you’ll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.

Transcript

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0:00.0

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.

0:09.2

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

0:16.3

That's what this podcast is all about.

0:19.0

Today's guest is Carol Loomis, the former senior editor at

0:23.2

large at Fortune Magazine. There's so much that I admire about how Carol has navigated her

0:28.4

career. She blazed her own trail and has done things that no woman has ever done before in the

0:34.1

journalism field, which has paved the way for women in other industries, too.

0:39.2

Not only did she create what is known today as the Fortune 500 list, she's an advisor, editor,

0:45.3

and friend of Warren Buffett, who she talks to almost daily and has for decades. She even wrote a book

0:51.8

about him called Tap Dancing to Work. What stands out to me the most about how Carol leads is that she's taken one step at a time. She's pushed through barriers and made a name for herself by doing excellent work until she retired from fortune after working there for 60 years. Every job she had, she made the most of it and climbed her way up the ladder in a man's world.

1:17.7

She's an amazing person.

1:19.6

There's a lot to learn about her tenacity and drive and her one step at a time approach.

1:25.2

I can't wait for you to listen in.

1:26.9

Here's my conversation with my friend

1:29.4

and soon to be yours, Carol Loomis. Carol, I always like to go back to the beginning and tell us about

1:40.5

your upbringing. Where'd you grow up? Well, I grew up in a town very, very small, a farm town in central Missouri named Cole Camp,

1:49.0

not like you're thinking C-O-A-L, but C-O-L-E.

1:52.8

And that supposedly is because a man named Cole camped there and froze to death.

1:59.8

So it's a thousand people. My high school class had 36 in it. And it was a

2:06.5

great place to grow up. I loved it. And I've maintained close contact with it since I've been in New York

2:11.9

all these years. Tell me about your mom and dad. What'd you learn from your mom and dad?

2:15.2

Well, my mother was a home-act teacher at the high

...

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