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71: David Pottruck, Former CEO of Charles Schwab Talks Setbacks and Success

71: David Pottruck, Former CEO of Charles Schwab Talks Setbacks and Success

FromSo Money with Farnoosh Torabi


71: David Pottruck, Former CEO of Charles Schwab Talks Setbacks and Success

FromSo Money with Farnoosh Torabi

ratings:
Length:
41 minutes
Released:
Mar 23, 2015
Format:
Podcast episode

Description

Today’s episode is another great reminder that no matter how painful a life blow or a career setback, you can still recover… and not just survive but flourish and lead a richer, happier life. Today’s guest was let go as the CEO of a major financial services company after having invested in it his whole life. In his own words, “I was embarrassed. I was humiliated and I was devastated.” But as they say “when one door closes, another door opens.” As a result of simply having more time on his hands, he got to experience something he fell in love with, something so refreshing and captivating that he now says he would have loved to do it much earlier in life… His name is David Pottruck. He is the author of the bestseller, Stacking the Deck, How to Lead Breakthrough Change Against Any Odds and the former CEO of Charles Schwab, a company he says he “grew from $5 billion… to a trillion dollars”.
 
Almost a decade later, David is now the Chairman of HighTower Advisors, a $25 billion wealth management firm that he helped launch in 2008. He also serves on the Board of Directors of Intel Corporation and a number of start-ups, and teaches at The Wharton School of Business.
 
Three takeaways from our interview:
 
-- Why it is so hard to lead breakthrough change in corporate America
 
-- How and why David’s financial philosophy changed over the years
 
-- His practical financial habits, all which he’s kept to this day… even though he doesn’t really have to.
 
For more visit SoMoneyPodcast.com
Released:
Mar 23, 2015
Format:
Podcast episode

Titles in the series (100)

Host Farnoosh Torabi is an award-winning financial strategist, TV host and bestselling author. So Money brings inspiring money strategies and stories straight from today's top business minds, authors and influencers. What was their financial journey and how do they master their money today? Hear from inspiring individuals and learn about their financial philosophies, wins, failures and habits. Plus, their secret guilty pleasures. On Fridays, tune in as Farnoosh answers your biggest questions about money, career, guests, you name it. Submit your question for Farnoosh at www.SoMoneyPodcast.com.