David Rubenstein’s Masterclass: Principles of Control and Success (Replay)

Tom Bilyeu's Impact Theory

Impact Theory

News, Business, News Commentary

4.7 • 5.2K Ratings

🗓️ 3 August 2024

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this episode of Impact Theory, Tom Bilyeu is joined by author and Co-Founder and Co-Executive Chairman of ‘The Carlyle Group’ David M. Rubenstein to discuss such matters and more as they explore what it takes to become a leader and how you can start leading more in your daily life. They discuss the core principles of what makes a good leader, how wealth during your youth can stifle your progress, how hardships and failures are key to becoming a good leader, how success and happiness are tied, why persuasion is key to any great leader, what we can learn from Abraham Lincoln’s leadership, what the American DNA is and how it creates natural leaders, the power of reading, why you should become a master of one skill, and much more. [Original air date: 1-12-21]. SHOW NOTES: Leadership | David boils down what leadership truly is and how to develop it. [0:04] Core Principles | David reveals the core principles of developing true leadership. [3:26] Growing Up | David reveals what made him hungry for success during his youth. [7:05] Wealth | David reveals the pitfalls of being born into a wealthy and prestigious family. [8:50] Hardships | David reveals how he raised his children without spoiling them. [9:38] Happiness | David breaks down the difference between happiness and fulfilment. [12:41] War | David reveals how Lincoln held America together during The Civil War. [17:18] History | David reveals the importance of preserving and honoring history as it is. [19:15] DNA | David reveals how the American DNA is serving DNA today. [26:26] Creeds | David reveals what he thinks are the most important principles to America. [28:51] Jefferson | David shares the story of Jefferson writing The Declaration of Independence. [30:13] Fixing | David reveals how we can contribute to fixing America’s flaws. [33:59] Persist | David reveals how Lincoln lead by taking criticism and being challenged. [37:04] Reading | David reveals the importance and power of reading. [40:14] Specializing | David reveals why you should focus and develop only one skill. [41:05] Love & Passion | David reveals what drives him to do the things he loves. [42:30] Youth | David reveals that all leaders have an impactful youth or childhood. [44:05] Forward | David reveals why leaders are necessary to moving us forward in history. [46:23] Themes | David reveals the themes that push people to become extremely successful. [48:38] SPONSOR: Take a free test drive of OCI at https://impacttheory.co/oraclepodAugust24 Visit https://impacttheory.co/betterhelppodAugust24 today to get 10% off your first month. Explore the Range Rover Sport at https://impacttheory.co/landroverpodAugust24 - Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://impacttheory.co/AG1pod. Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://impacttheory.co/aurapod to start your free two-week trial. Go to https://impacttheory.co/quickbooksJuly24 to get 50% off 3 months of Quickbooks Payroll! *What's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey, everybody. Welcome to another episode of Impact Theory. I am here today with David Rubenstein, who is the co-founder of Carlisle Group, which is one of the most successful firms ever in terms of private equity, really pretty extraordinary tale. And the author of the new book, How to Lead. David, welcome to the show.
0:23.4	My pleasure. Thank you for having me. Absolutely, man. I am super excited to talk to you about the
0:28.4	idea of leadership, which is something that I think is not only important in business, but just
0:34.0	generally in life. If you had to put into a single sentence what leadership
0:39.0	is, what its nature is, if you will, what would you say leadership is?
0:43.8	Generally, it's the effort of one or more people to convince a larger group of people to follow
0:49.9	them in doing something that the leaders think is a good thing for everybody to do. It could be
0:56.0	social policy, it could be a political effort, it could be a business venture. But basically,
1:01.0	leaders are people who try to convince other people that it would be in everybody's best interest
1:06.3	to follow the leader's views on what should be done. And do you, so when I think about the military and their views around leadership, there's a
1:13.3	sense of distributed leadership where anybody should be able and willing to step into that
1:17.8	role when it makes sense for, you know, a dynamic situation as it unfolds.
1:22.0	Do you view leadership like that?
1:23.5	Should everybody be developing that skill?
1:26.5	Or is this something that, you know, hey, if you have a particular path in life, you're trying to follow it might be useful, but otherwise you don't need to bother? Well, there's seven and a half billion people on the face of the earth. And in some respects, almost everybody's a leader in some way. If you're a parent, you're a leader. You might be a leader of a Girl Scout troop or you
1:44.5	might be President of the United States. So everybody has probably some roles where they play as a
1:48.8	leader. Is it good for everybody who want to be a leader? Well, I think leadership is good. If we had
1:53.9	everybody being a follower, they have a lot of chaos. Now, in the military, leadership is more
1:59.6	complicated because those people who are leading in the military, leadership is more complicated because those people who are leading in the
2:02.8	military, they have people's lives at stake. If you're in combat and you're not doing a good job
2:08.1	in the military as a combat leader, people can die. Not the same in other parts of life to some
2:13.0	extent. But I do think that people who want to be leaders can develop and mature and improve their leadership skills.
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