Episode 8: David Solomon

Boardroom Talks

Boardroom Podcast Network

Business, Entrepreneurship, Sports

4.4 • 620 Ratings

🗓️ 23 September 2020

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode Rich talks to David Solomon, the CEO of Goldman Sachs, a titan among global banking firms. Among the many financial services Goldman offers, it manages over 2 trillion dollars in assets for governments, corporations and institutional investors. For 2019, Goldman reported $35 billion in revenues. And while the firm manages the fortunes of 10,000 of the world's 70,000 wealthiest individuals, it's now expanding the scope of its business, partnering with companies like Walmart and Apple to enter consumer banking. This is one of many big changes Solomon is spearheading as its CEO. He's relaxed the dress code (which garnered headlines) and pushed company executives to bring their authentic selves to work. It's not just talk. He walks the walk. Solomon enjoys a side career as a music producer and DJ under the moniker, DJ D-Sol. The story of his rise to lead Goldman Sachs holds inspiring lessons about leadership, relationship-building, work/life balance, and patience.

Transcript

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0:00.0	What's up, everybody?
0:05.6	Welcome to the boardrooms out of office podcast.
0:09.0	My name is Rich Climman.
0:10.6	Here, as always, with my brother Gianni.
0:13.4	What's up, Rich?
0:14.7	What's good, man.
0:15.7	So this is our eighth podcast.
0:17.5	Yes, sir.
0:19.0	Eighth podcast, we got a special guest today.
0:21.7	We got the CEO of Goldman Sachs, Mr. David Solomon, but not just the CEO of Goldman
0:28.5	Sex, a producer, a DJ, man.
0:35.1	This is a unique one.
0:36.7	Yeah, I'm excited. It should be normal, or it should be okay, and it a unique one. Yeah, I'm excited.
0:38.0	It should be normal or it should be okay and should be something that we don't speak about, right?
0:43.6	Like everybody in any position, they have hobbies, whether it's playing golf, playing tennis.
0:50.9	I think in this case, this man works super hard.
0:55.2	I'm going to ask him right off the bat about the fact that he was in the office every single day since the pandemic ended.
1:02.0	And the way he relaxes and the way he unwinds is he's a DJ and he's a producer and a remixer.
1:08.5	And honestly, not much different than what KD does to relax. He makes music. I think it's incredible. And I think that it very much in line with the culture that he created there as well, which we'll get into. So, man, I don't want to give away everything, right? We got to ask him all this stuff. Right. We got to save something. But on top of what you were saying, I do want to say that I'm we got to we got to ask right we got to save something but on top of
1:28.1	what you were saying i do want to say that i'm so excited for this guest because i think he really
1:32.6	represents everything we're about on boardroom out of office he's the top at his field and he's doing
1:39.4	a million other things that i can't wait to dive into yes for sure and sure. And it's like, for me, I had to focus a
	...

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