Celebrating The Life and Death of Peter G. Scotese
This episode was previously recorded in 2019. In remembrance of Pete G. Scotese and the impact that he had on so many, I am releasing this again so that if you haven't seen it before, you can get to know one of the most influential people in my life.
We talk about the lessons learned from 100 years of living. Pete was raised as an orphan, became a celebrated war hero in WWII, came home to go to the Wharton School of Business, became a traveling salesman, was promoted to the CEO of the Boston Store in Milwaukee and eventually became the CEO of the largest textile manufacturing company in the world.
Pete was the Chairman Emeritus of FIT in NYC, was on the board of directors of 10 public companies and many non-profits.
Rest in peace, Pete. You will be celebrated and missed by all who may have known you.
Timestamps:
0:00 - Intro
5:41 - Where do you go when you die?
11:58 - Who would you take to heaven?
14:08 - Cultivating friendships as a younger person vs as an older person
17:49 - 2 things that make Pete standout
23:16 - Why are people drawn to mentors who have seen the world?
26:20 - What are the difficulties that come with being a mentor?
30:35 - What drove Pete to be troublesome as a boy?
37:02 - Is it still possible to go from rags to riches in America?
42:02 - What should CEO's be getting paid?
43:57 - What made Pete Standout as a CEO?
47:32 - Synergizing art and textiles
53:32 - Did Pete ever have a big idea that did not go well?
55:21 - What happens in board rooms that people don't know about?
57:05 - Pete's thoughts on war
1:00:37 - How do you carry your legacy forward?
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