For the past several years, I have had the pleasure of interviewing Tech Founders and CEOs on stage in front of an audience of entrepreneurs and investors, an uncensored monthly event in Southern California as part of my startup. With orders to stay in the house, I took the opportunity to revive my fireside chat series to a virtual audience with C-suite leaders from several well-known companies including Mattel, Zoom Video and Chipotle and I recently joined Entrepreneur Partnered with to host a new series called “Leadership Lessons if I Know”. CEOs of global brands, from Waze to Blue Apron, share invaluable lessons they learned on their way to success, as well as practical career advice they will give to other entrepreneurs, in our one-hour chat.
Dallas Mavericks CEO Cynthia
In the fourth episode of the series, I had the privilege of talking to Dallas Mavericks CEO Cynthia “Cynth” Marshall, specifically a touching conversation examining the racist behaviors that came to haunt our country for so long Have been. . He is one of the most compelling leaders I have ever spoken to, and his life story – filled with some genuinely difficult hardships and his own incredible personal fortune – is a journey that everyone is going to hear about Should be given time When it comes to leadership, Marshall has real knowledge to share.
Cynt Marshall’s story began in housing projects in Richmond, California, where she grew up in a home affected by domestic violence and systemic racism. She survived the dim horizon of projects to study business administration and human re management at the University of California, Berkeley – where she became the first African American cheerleader in university history. From there, Marshall spent nearly 40 years – a full career for most people – successfully climbing the corporate ladder at AT&T. And in 2018, she was named the CEO of the Dallas Mavericks, making her the first black female CEO in NBA history.
Marshall has a real habit of learning the right lessons from the failures that come in his life. And it was her ability to understand how those lessons informed her leadership style and choices at Mavo and beyond. Below are 10 key points he gave during our talk:
1. How do we reach racial justice in this country, everyone has a role
No matter who you are or what your station is in life, it means you. Everybody has to change some part of their life or some comfortable way forever. We need to be actively eradicated from this culture every day of all poisonous, racist behavior. It can be hidden in our own behavior and in thoughts many of us have not investigated in decades.
2. We are living through a real paradigm shift in our culture, so now is the time to change any behavior or practices that need to change
Take a chance and be bold, because we are in a moment where people will understand and forgive a certain uncertainty in the company’s actions. These next steps are important for all of us. Every day we decide who to include or exclude from our workplaces and from our culture. We need to start making the right decisions every day.
3. Honesty and kindness are in us as children, and it is worth remembering that when life is challenging
We need to reconnect and remember the original settings we had as children coming into this world. It is a natural inclination to be honest and kind, even a living instinct, when we are first realizing that other people’s lives matter. Kindness is one of the first perceptions when we start thinking just for ourselves – even at the age of 3 – And we need to find our way to this innate purity that we quickly understood.
4. Need to invite a workplace
Colleagues need to have a family, and navigating a family is often difficult but rewarding. People are coming to work to enjoy their jobs, earn money for their family and enhance their lives. They should not come to a hostile work environment or in a place where they can be expected to be abused.
5. Successful business plans are made keeping in mind everyone
The Mavericks are a process of organization under which everyone has to contribute and put their ideas and their energy into a new way of operating. It needs to be okay for someone internally to ask, “Are we okay?” Is this particular process working as well? ”
6. A player can score 50 points, but it is the team as a unit that will eventually count
If the coaching is bad, a player cannot save the team. Everyone should be at the point of day of this game. Everyone needs to be prepared to say, “Put me in a coach.” And as a leader, you need to help them prepare by giving them the tools they need to develop their skills, so they can take advantage of those skills when they find themselves with the ball.
7. Accept that bad things really happen to good people, but keep going and prevail
It is unfortunate that failures and losses are a part of our lives, but this is the reality of the situation we have dealt with as a human. You have to accept them and then you have to win, because this is the game life. Life wants us to keep going even when it ruins our year together.
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8. Life protects you from crystal balls and rubber balls, and it is important for you to know the difference in your life and career
In other words, there is a difference between doing things right and doing things right. It is okay to drop some things, because they are rubber balls, and they are eager to return to you. Other things are crystal balls, and misleading them means losing something that won’t be around again.
9. A good D&I plan can be implemented very quickly
Marshall famously created a 100-day diversity and inclusion plan to deal with the organization’s bad culture as he took over the reins of the CEO. He put up poster boards around the office to remind him of his part in the four-part plan. The Mavericks were not headed by any women in permanent leadership positions, which is about 50 percent women and 47 percent of the current leadership team.
10. Always remember where you came from, because you can forget where you are going.
“I have never been embarrassed about being poor when I was a kid, or any of that,” Marshall said. “It is easy to get lost, but in times of trouble your roots can be a beacon for you. This is really the purpose of the trip. ”
For incredible lessons learned during Cynt Marshall’s inspiring journey, see the hour-plus webinar. Some people are born with the “right stuff” only to become CEO, and this leader proves that he deserves his place at the top.