William Cohan: The Rise and Fall of America’s Most Iconic Company, General Electric | E243

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)

YAP Media Network

Education, Marketing, Entrepreneurship, Business, Self-improvement

4.8 • 1.3K Ratings

🗓️ 8 September 2023

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

William Cohan worked as an investment banker for 17 years at some of the most prestigious firms on Wall Street. But after he lost his job at JPMorgan Chase in his mid-forties, he decided to pivot to writing, and he's now one of the world’s premier financial journalists. In today’s episode, William shares his journey on and off Wall Street, provides his insights on some of the most influential business leaders in history, and breaks down the rise and fall of one of America’s most influential companies, General Electric. William Cohan is the author of multiple New York Times bestselling books. A former longtime special correspondent at Vanity Fair, he is also a founding partner of Puck, a daily digital news and opinion publication. His most recent book is Power Failure: The Rise and Fall of an American Icon, which is about the astounding rise and precipitous fall of General Electric. In this episode, Hala and William will discuss: - His journey from journalist to investment banker and back - Working on Wall Street in the 1980s - How not to get hoodwinked by the Street - Why it’s never too late to change careers - Creating a new business model for journalism at Puck - The rise and fall of General Electric - Channeling the energy of GE’s legendary CEO Jack Welch - Why you don’t need to be a founder or inventor to make it big - And other topics… William Cohan was a senior Wall Street M&A investment banker for 17 years at Lazard Frères & Co., Merrill Lynch and JPMorgan Chase. He is the New York Times bestselling author of three non-fiction narratives about Wall Street: Money and Power: How Goldman Sachs Came to Rule the World; House of Cards: A Tale of Hubris and Wretched Excess on Wall Street; and The Last Tycoons: The Secret History of Lazard Frères & Co. A former longtime special correspondent at Vanity Fair, he is also a founding partner of Puck, a daily digital news and opinion publication. His most recent book is Power Failure: The Rise and Fall of an American Icon, which is about the astounding rise and precipitous fall of General Electric, once the world’s most valuable and respected companies. Resources Mentioned: William’s Website: https://williamcohan.com/ William’s LinkedIn: https://www.linkedin.com/in/williamdcohan/ William’s Twitter: https://twitter.com/WilliamCohan William’s Newsletter (Dry Powder): https://puck.news/newsletters/dry-powder/ William Cohan’s most recent book is Power Failure: The Rise and Fall of an American Icon: https://www.amazon.com/Power-Failure-Rise-General-Electric/dp/0593084160/ LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast’ for 30% off at yapmedia.io/course. Sponsored By: Justworks - Learn more about Justworks by visiting youngandprofiting.co/justworks More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala Learn more about YAP Media Agency Services - yapmedia.io/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode of Young & Profiting Podcast is sponsored by JustWorks.
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0:38.7	Off end September 20th, must be 18 plus without an active Disney Plus subscription.
0:42.0	After three months, auto-renews are then current monthly premium price of 1099 until cancelled.
0:57.9	Yeah fam, as you know, we are big believers on this podcast about learning from the trials,
1:02.4	and tribulations of entrepreneurs, executives, and companies that have come before us.
1:07.1	Sometimes those leaders are up and coming influencers, sometimes they are giants in their field,
1:11.7	and sometimes they are larger than life figures from history, like Thomas Edison and Jack Welch,
1:16.7	whose lives and careers offer us a host of lessons that are still relevant to us today.
1:21.6	My guest today is going to take us through some of those stories and much more.
1:25.2	William Cohan has worked as an investment banker on Wall Street. He's been a financial writer for
1:30.0	the Vanity Fair, the New York Times, and Bloomberg. He's the author of multiple New York Times
1:34.6	bestselling books and is one of the co-founders of the new media company, Puck. Along the way,
1:40.0	William has become one of the world's premier financial journalists. His most recent book,
	...

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