When it comes to Disney’s success, it’s impossible not to mention its famous acquisitions. And the person with the greatest merit is none other than Bob Iger – who ran this empire for 15 years. In 2020, he announced his departure from the CEO position. According to Forbes, he owns a fortune of about 700 million USD.
Few people know that in order to reach the top 1% of the richest people in the world, this man used to start from zero. Here is his success story:
Bob was born and raised in Oceanside, a small working-class town on Long Island, New York. His mother was a housewife and his father worked in advertising. His father was later diagnosed with depression.
When Bob was young, his father used to drop into his room at night to make sure he used his time efficiently. His father often read books, helped him with his homework or something useful.
Due to family circumstances, Bob started working at the age of 13 to help support the family. He worked a variety of manual jobs such as shoveling snow, babysitting and stocking a hardware store.
At the age of 15, he was hired as a summer janitor at a local school. His job is to clean the heaters and desks in every classroom. Before the new school year begins, Bob has to make sure all the desks are free of chewing gum.
“Scraping gum under thousands of desks can help you become more patient, or at least increase your tolerance for monotony,” he says.
Portrait of Bob Iger (Photo: Internet).
In college, Bob worked every weekend at a Pizza Hut. At that time, he felt more motivated and determined to work harder than ever. In his book “The Ride of a Lifetime”, he wrote: “I still do not have a clear idea of success, no specific vision of wealth or power, but I am determined not to live a life of disappointment. “.
From that moment on, Iger reminded himself that no matter what happened in his life, he would never let himself sink into the same despair as his father.
In 1974, at the age of 23, Iger began his career at ABC Television as a studio supervisor. Before that, he was a weather editor and news reporter at a small cable TV station in Ithaca.
During the next 31 years, he held more than 20 different positions at ABC before being appointed CEO of Walt Disney Corporation in 2005.
Iger shared: “I used to be the lowest level employee of the production team of some TV shows that failed miserably. I was twice on the side of the company being acquired and vice versa, I was also in the buying position. other units like Pixar, Marvel, 21st Century Fox”.
Iger credits his success in large part to his father for encouraging him to work hard and efficiently to achieve his goals. According to the CEO of Disney, he owes a lot of his career qualities to his father, and he is very grateful to him for that.
In one book, Bob outlines the qualities needed to be a great leader, including courage, focus, determination, curiosity, and fairness. For him, every leader should create a fair environment so that everyone has the same opportunity to develop.
Bob is considered a talented strategist who has helped Disney continue to build on the success they achieved in the 20th century and continue to stay at the forefront of the 21st century.
Source: Inc, CNBC
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