And when you make it big, find a mentor for dealing with…
““And when you make it big, find a mentor for dealing with success. I had Lewis Katz, a lawyer who went into business and got so wealthy he and a few of his partners owned part of the New Jersey Nets, the New Jersey Devils, and the New York Yankees. I mention Lew because he passed away two years ago in a plane crash and I miss him. I remember I went to Lew in 1995, after I first sold half of Wilmar, and asked him, “Lew, you’ve been wealthy for a long time. Will you help me understand how you deal with money and family?” Lew gave me some great advice. And he won’t be the last mentor I have. You think I’m done learning new things? It never ends! So go find some mentors!””
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Mentors are essential for navigating success; they provide guidance on wealth, family, and continuous learning throughout one’s career.
In simple terms: Mentors help manage success and keep learning.
Find and learn from mentors regularly.
Themes
Mood
Type
When to use this quote
- starting a business
- managing family finances
- seeking advice after major sales
Key Concepts
Questions to Reflect On
- Who can you approach for mentorship now?
- What qualities make a mentor effective for you?
Mentors may have conflicting interests or limited availability.