#294 What It Takes Lessons in the Pursuit of Excellence by Schwarzman, Stephen A.

Here are ten takeaways from Stephen A. Schwarzman's book "What It Takes: Lessons in the Pursuit of Excellence":
Think Big and Set Ambitious Goals: Schwarzman encourages readers to think big and set high aspirations. He emphasizes that it's important to have ambitious goals and work relentlessly to achieve them.
Take Calculated Risks: Schwarzman discusses the importance of taking calculated risks in business and life. He acknowledges that not all risks will pay off, but some can lead to significant rewards.
Learn from Setbacks: The book underscores the significance of learning from failures and setbacks. Schwarzman shares his own experiences of dealing with adversity and how he used them as opportunities for growth.
Cultivate Resilience: Resilience is a key trait in pursuing excellence. Schwarzman emphasizes the need to bounce back from disappointments and setbacks, using them as motivation to continue the pursuit of excellence.
Embrace Adaptability: Schwarzman advises that being adaptable and open to change is crucial in navigating the complexities of business and life. Adaptation and flexibility are essential skills in an ever-evolving world.
Value Relationships: Building and maintaining strong relationships, both personal and professional, is a recurring theme in the book. Schwarzman discusses the value of networks and connections.
Mentorship and Lifelong Learning: Schwarzman stresses the importance of seeking mentors and continuing to learn throughout one's career. He shares his own experiences learning from others in the finance industry.
Focus on Strategy: The book underscores the significance of strategic thinking and planning. Schwarzman shares insights into how strategic thinking played a pivotal role in the success of Blackstone.
Be Decisive: Schwarzman encourages readers to make decisions with confidence. He acknowledges that not all decisions will be easy, but decisiveness is a hallmark of effective leadership.
Give Back: Schwarzman discusses the importance of philanthropy and giving back to the community. He shares his own experiences in philanthropy and highlights the positive impact it can have.
These takeaways provide a glimpse of the valuable lessons and principles presented in "What It Takes" and can serve as inspiration for individuals looking to excel in their careers and personal lives.

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