Founders
✓

Claim


 <h4 class="wp-block-heading">Key Takeaways </h4> <ul class="wp-block-list"><li>Best Michael Ovitz quotes: <ul class="wp-block-list"><li>“Insecurity and ambition make a powerful cocktail.” </li><li>“I didn’t want to be standard in any way.”</li><li>“I would have been much happier if I hadn’t been so determined to appear all-knowing and invulnerable.”</li><li>“Everyone stopped. I didn’t stop.” </li></ul></li><li>Lew Wasserman’s five rules that created his Hollywood empire <ul class="wp-block-list"><li>1. Tend to the client </li><li>2. Dress appropriately </li><li>3. Never divulge information about the firm </li><li>4. Do your homework </li><li>5. Never leave the office without returning every single phone call </li></ul></li><li>Michael Ovitz’s founding principle for CAA<ul class="wp-block-list"><li>1. All founding members get even equity </li><li>2. Get big fast </li><li>3. Share all clients and serve them as a group; no turf wars and no silos </li><li>4. Tell the truth </li><li>5. Create opportunities instead of waiting around for them </li></ul></li><li>Belief comes before ability: “I believe that nobody wants to be treated just as they are. People want to feel encouraged to become more than what they are, to become the best versions of themselves.” </li><li>CAA poached talent by assumption: The firm behaved as if the talent was already their client, then made their dreams happen before ever even signing them
<ul class="wp-block-list"><li>Do the job before you are hired</li></ul></li><li>Know your customer’s problem and present yourself as the solution</li><li>Realize that your “good times” are now: Thirty years from now, you will probably regret how you spent your time  </li><li>Channeling Charlie Munger: Your goal in life should be to build a seamless web of deserved trust; work with the people in this web, and do life with these people – it is all about the people </li></ul><a href="https://podcastnotes.org/founders-podcast/michael-ovitz-the-rise-and-fall-and-rise-of-the-most-powerful-man-in-hollywood-founders-podcast-with-david-senra-382/">Read the full notes @ podcastnotes.org</a><hr>At the core of Michael Ovitz's success is his relentless work ethic and commitment to mastering his craft. 50 years ago he founded Creative Artists Agency. CAA starts out as just five young guys in a run down office and eventually becomes the most powerful agency in the world. Ovitz's autobiography explains how that happened. As the Wall Street Journal wrote: When the history of Hollywood is written, few people will have played a larger role than Michael Ovitz. This episode is what I learned from reading (for the 2nd time!) <a href="https://amzn.to/41Mlw1h">Who Is Michael Ovitz?: The Rise and Fall (and Rise) of the Most Powerful Man in Hollywood </a>by Michael Ovitz. ----<a href="https://ramp.com/">Ramp</a> gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud <a href="https://ramp.com/">by going to Ramp and learning how they can help your business control your costs and save more</a>. ----<a href="https://www.vesto.com/">Vesto</a>: All of your company's financial accounts in one view. Connect and control all of your business bank accounts from one dashboard.<a href="https://www.vesto.com/"> Go to Vesto and schedule a demo with the founder Ben</a>. Tell him David sent you. ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work.  <a href="https://www.foundersnotes.com/">Get access to Founders Notes here</a>. ----Join my free email newsletter to <a href="https://world.hey.com/davidsenra/buffett-and-munger-a-study-in-simplicity-and-uncommon-common-sense-6ae80a40">get my top 10 highlights from every book</a>
----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. &nbsp;<a href="https://www.foundersnotes.com/">Get access to Founders Notes here</a>.&nbsp;----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: <a href="https://www.amazon.com/shop/founderspodcast">All the books featured on Founders Podcast</a>

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

#382 Who Is Michael Ovitz?: The Rise and Fall (and Rise) of the Most Powerful Man in Hollywood

Podcast Notes Playlist: Startup

AI Chapters

AI Insights

Reviews