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 S&P 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

Resources Mentioned:

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