A: This is Angelina Neglia and I’m here with Scott MacDonald, author of Saving Investa, How an Ex-Factory Worker Helped Save an Iconic Australian Company. In the book, Scott shares 25 lessons learned over his long and impressive career.
Lesson nineteen is: Not Everything in Business or Life is Fair. No kidding!
S: There are lots of people who seem shocked and then dispirited when it’s not fair: for example, someone who is given a promotion even when they are less deserving than you are.
I worked one time at a company and was acting CEO. Reorganized the whole company. Had to terminate a lot of staff and put the company back on a profitable footing. Unfortunately, one of the board members had a friend of his who was in the same business and decided that the friend should be the CEO. So, he was promoted above me. I left, and subsequently, became CEO of several other companies. But it wasn’t fair. It bothered me a lot at the time, but I moved on. I would say that if you’re in business long enough, you will always find a situation which is unfair to you, and you just have to move on.
A: So, if you’ve been around long enough, and you realize life’s not always fair, buy Scott’s book, Saving Investa.
Check out all “25 Lessons Learned”.