436: Dave Cote | Former Honeywell CEO Talks Leadership

As Chairman and CEO of the industrial giant Honeywell over 16 years, David Cote grew the company’s market capitalization from around $20 billion to nearly $120 billion, delivering returns of 800 percent and beating the SandP by nearly two and a half times.Currently, David is Executive Chairman of Vertiv Holdings Co, a global data center products and services provider. He is a member of the Aspen Economic Strategy Group and on the Boards of the Council on Foreign Relations and the Conference of Montreal.On This Episode:Dave shares about his childhood in a French-Canadian enclave in New Hampshire.Learn how David avoided committing to 6 years on a nuclear submarine in the Navy.Hear about Dave’s career as a “troublemaker.”Travis and Dave discuss the importance of aptitude.Dave talks about the unique role that travel played in his development.Follow Dave’s unorthodox journey from employee to CEO.Key Takeaways:Find a way to educate yourself without taking on debt.Hard work doesn’t always pay off. If you’re working on the wrong thing, it’s never going to pay off.Get to all the facts before you express your opinions.Tweetable Quotes:The higher up you go, the less you know.You have to accomplish both short-term and long-term results.Pick up a copy of Dave Cote’s Book: https://amzn.to/2WenbdR (https://amzn.to/2WenbdR)Resources Mentioned:Visit Travis’ website at https://create.acast.com/episodes/3b48e6da-a672-4e83-9897-ddefc4e88bc7/travischappell.com (travischappell.com)Join the Build Your Network Facebook group https://create.acast.com/episodes/3b48e6da-a672-4e83-9897-ddefc4e88bc7/travischappell.com/group (travischappell.com/group)Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy