The Path with Ryan Roslansky F1 Principal Toto Wolff on why skills and grit are the true currency at work
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Sep 26, 2023 Toto Wolff, F1 legend and Team Principal & CEO of Mercedes-AMG Petronas F1 Team, discusses his transition to finance, the importance of skills over passion, and strategies for identifying and leveraging transferable skills. Communication coach Jodi Glickman shares insights on career progression and self-awareness.
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Toto's Early Racing Passion
- Toto Wolff discovered his identity and passion when visiting a racetrack and eventually became determined to become a racing driver.
- He raised sponsorship independently, bought a racing car, and started competing despite no family financial means.
Tough Pivot From Racing to Banking
- Toto decided to stop his racing career after emotional impact from fatalities in the sport and lack of sponsorship.
- He pivoted abruptly to a banking job which he found terribly boring and emotionally difficult but necessary.
Curiosity Fuels Learning
- Toto learned by immersing himself deeply and asking many questions, treating new topics like skiing or investment banking with the same curiosity.
- He was surprised others didn't ask as many questions and credits that curiosity as part of his learning success.