What It Takes: Lessons in the Pursuit of Excellence

(Hardback)

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'This story literally has what it takes: the anecdotes, the insights and, most of all,the values to guide the next generation of entrepreneurs.' Mark Carney
'The real story of what it takes from a man who could turn dreams into realities.'Ray Dalio
'Candid, funnyand real, Steve offers wisdom and the gift ofmuch-needed common sensechapter by chapter and experience by experience.A great read!' John Kerry

From Blackstone chairman, CEO and co-founder Stephen A. Schwarzman, a long-awaited book that uses impactful episodes from Schwarzman's life to show readers how to build, transform and lead thriving organisations. Whether you are a student, entrepreneur, philanthropist, executive or simply someone looking for ways to maximise your potential, the same lessons apply.

People know who Stephen Schwarzman is - at least they think they do. Hes the man who took $400,000 and co-founded Blackstone, the investment firm that manages over $500 billion (as of January 2019). Hes the CEO whose views are sought by heads of state. But behind these achievements is a man who has spent his life learning and reflecting on what it takes to achieve excellence, make an impact, and live a life of consequence.

Folding handkerchiefs in his fathers linen shop, Schwarzman dreamed of a larger life, filled with purpose and adventure. After starting his career in finance with a short stint at a financial firm called DLJ, Schwarzman began working at Lehman Brothers where he ascended to run the mergers and acquisitions practice. He eventually partnered with his mentor and friend Pete Peterson to found Blackstone, vowing to create a new and different kind of financial institution.

Building Blackstone into the leading global financial institution it is today didnt come easy. Schwarzmans simple mantra 'dont lose money' has helped Blackstone become a leading private equity and real estate investor, and manager of alternative assets for institutional investors globally.

From deal-making to investing, leadership to entrepreneurship, philanthropy to diplomacy, Schwarzman has lessons for how to think about ambition and scale, risk and opportunities, and how to achieve success through the relentless pursuit of excellence. Schwarzman not only offers readers a thoughtful reflection on all his own experiences, but in doing so provides a practical blueprint for success.

Reviews

'This story literally has what it takes: the anecdotes, the insights and, most of all, the values to guide the next generation of entrepreneurs.' -- Mark Carney, Governor of the Bank of England
'The real story of what it takes from a man who could turn dreams into realities.' -- Ray Dalio, bestselling author of Principles
'Steve Schwarzman has lived the American dream: a self-made icon in his field, turned philanthropist, who has long worked with creativity and vision to deepen relationships between individuals and countries. Steve shares the full measure of his personal journey with us inWhat It Takes -partmemoir, part playbook for success in any field. Humble, candid, funnyand real, Steve offers wisdom and the gift of much-needed common sense chapter by chapter and experience by experience. A great read!' -- John Kerry, Secretary of State 2013-17
'What It Takes is a must-read book, filled with the experiences of one of the great business success stories of the last 30 years - Blackstone. In this book, Steve Schwarzman chronicles his and Blackstones 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 GE
'A series of thoughtful reflections derived from the authors extraordinary life, which has already left its mark on the worlds of finance, politicsand education and made each the better for it. In this brief and insightful volume, Schwarzman has identified several key qualities required for excellence in any field, including a tireless sense of curiosity, a tolerance for riskand an eye for the humble detail.' -- Henry A. Kissinger, Secretary of State 1973-77
'What It Takes is a must-read, inspirational account of how Stephen A. Schwarzman built Blackstone into one of the worlds top global asset management companies and leveraged his resources, know-howand vision to spearhead bold philanthropic programmes and provide trusted advice to a generation of political leaders around the globe.' -- Janet Yellen, Chair of the Federal Reserve 2014-18
'Steves life lessons challengeme to think bigger and moveevenfaster.His insights apply to both our work and personal lives, and his leadership has always embodied the principle of doing what is right, even when it is hard.Steve challenges us all to be better leaders, better citizens, better people.' -- Mary Barra, Chairwoman and CEO of General Motors
'From his start as an entrepreneur working in his familys linen store in 1950s Philadelphia, Steve Schwarzman has made towering contributions to finance, relations between the US and China, and computing, including a seminal investment in AI research that will help establish the age of intelligence. Steve always takes the long view and then helps move us in the direction that will pay the greatest dividends. This book reveals how he has achieved the rarest kind of leverage in multiple fields.' -- Eric Schmidt, former CEO of Google

Author Bio

Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the worlds leading investment firms. Mr. Schwarzman is an active philanthropist with a history of supporting education, culture, and the arts, among other areas. Mr. Schwarzman holds a BAfrom Yale University and an MBAfrom Harvard Business School. He lives in New York City with his wife and three dogs.