Thursday, December 19th
Author: STEPHEN A. SCHWARZMAN Book: WHAT IT TAKES Lessons in the Pursuit of Excellence
New York – In his new book, What It Takes: Lessons in the Pursuit of Excellence, Stephen A. Schwarzman, Chairman, CEO and Co-founder of Blackstone, uses stories from his 50-year career in business to show readers how to make an impact as a leader, learn and adapt from failures, build thriving teams, and generally achieve success in both work and life. Schwarzman shares practical lessons learned over a career that includes creating one of the world’s largest investment firms — a company that itself has helped grow hundreds of businesses around the world in support of pensioners and other leading investors. Powerful anecdotes and lively storytelling bring Schwarzman’s hard-learned lessons to life for the reader, regardless of their familiarity with Blackstone or the world of finance.
Schwarzman’s entrepreneurial instinct emerged at an early age while folding handkerchiefs in his family’s linen shop in Philadelphia and stayed with him through his schooling, early days as an investment banker and eventually the launch of Blackstone. At every stage of life, he earned himself a reputation for solving big problems and making the impossible happen. Schwarzman’s story is an empowering, entertaining and inspiring book that provides any reader, regardless of industry, discipline or level of experience, with a practical blueprint for how to think about ambition and scale, risk and opportunity and, most importantly, how to achieve success through the relentless pursuit of excellence.
“My career has taken me around the globe and afforded me the opportunity to interact with everyone from students to CEOs, heads of state, policymakers and leading philanthropists,” says Mr. Schwarzman. “Over the years, the frequency of these conversations has increased and I find myself answering the same questions about ‘how I did it’ – how I built Blackstone into what it is today; how we helped transform hundreds of companies into success stories; what we learned from our mistakes; how we evaluate risk; and how I’ve applied the lessons I’ve learned to my philanthropic and public service activities. I decided to write this book to help address these questions for as many people as I can. What It Takes is a useful guide for anyone looking to increase their personal impact and perform to their maximum potential.”
“What It Takes is a must-read book, filled with the experiences of one of the great business success stories of the last thirty years – Blackstone. In the book, Steve Schwarzman chronicles his and Blackstone’s journey to the top of global business. The book is filled with fresh insights and personal experiences that everyone – from students to CEOs – will relate to and learn from.” – Jack Welch, Former Chairman and CEO of General Electric
“What It Takes is a must-read, inspirational account of how Stephen A. Schwarzman built Blackstone into one of the world’s top global asset management companies and leveraged his resources, know-how, and vision to spearhead bold philanthropic programs and provide trusted advice to a generation of political leaders around the globe.”
– Janet Yellen, Former Chair of the Federal Reserve
About the Author: Stephen A. Schwarzman is Chairman, CEO, and Co-founder of Blackstone, one of the world’s leading investment firms. Schwarzman is an active philanthropist with a history of supporting education, culture, and the arts, among other areas. Schwarzman holds a BA from Yale University and an MBA from Harvard Business School. He lives in New York City with his wife, Christine, and three Jack Russell terriers.