Invest Like the Best with Patrick O'Shaughnessy

Ken Langone - The American Dream - [Invest Like the Best, EP.368]

116 snips
Apr 9, 2024
Ken Langone, co-founder of Home Depot and former director of the New York Stock Exchange, shares his insights on success and resilience. He emphasizes the value of loyalty and integrity in business, recounting his experiences with networking and employee care. Langone discusses the American Dream and how hard work leads to triumph, illustrated by a former employee's success story. His heartfelt anecdotes spotlight the role of kindness and community support in achieving one’s goals, reminding us all of the true essence of entrepreneurship.
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ANECDOTE

Winning Perot's Business

  • Ken Langone recounts securing Ross Perot's IPO, initially given 30 minutes, he stayed until 1 AM.
  • His honesty and pricing strategy impressed Perot, leading to a long-term friendship and business success.
ADVICE

Negotiation Strategy

  • Always leave more on the table for the other person in negotiations.
  • This builds trust and fosters long-term relationships, even if you forgo potential gains.
ADVICE

Integrity and Loyalty

  • Prioritize integrity and loyalty in leadership and business.
  • Keep your word, even if it means leaving more on the table for others.
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