Mike Bloomberg was fired after 15 years at Salomon Brothers, an experience that taught him resilience and adaptability, leading him to found Bloomberg LP and become a successful billionaire and influential leader.
After being laid off from Salomon Brothers in 1981, Mike Bloomberg quickly founded Bloomberg LLC, turning a setback into a successful career in media and business, and emphasizing that setbacks can be opportunities for growth.
Ethan Evans, a former Amazon VP, reflects on a major project failure in 2011 that disappointed Jeff Bezos, teaching him valuable lessons in crisis communication, ownership, and trust rebuilding. Despite the setback, Evans continued his career at Amazon, eventually becoming a VP. He emphasizes the importance of facing leadership, accepting help, and learning from mistakes, while highlighting Bezos' leadership style of maintaining high standards and offering forgiveness. Evans now focuses on teaching leadership skills after leaving Amazon in 2020.
The author shares a personal story from early in their career, where they made a hasty decision to leave a Wall Street job offer for a career in TV news. They reflect on the lessons learned from this mistake, including the importance of doing thorough research, not letting fear guide decisions, and the value of self-reflection in career choices.