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Coming out of Retirement with Bob Iger

Coming out of Retirement with Bob Iger

Released Wednesday, 8th May 2024
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Coming out of Retirement with Bob Iger

Coming out of Retirement with Bob Iger

Coming out of Retirement with Bob Iger

Coming out of Retirement with Bob Iger

Wednesday, 8th May 2024
Good episode? Give it some love!
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Episode Transcript

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0:17

What's up, everybody. This is Dwayne

0:19

Wade. We've taken a little break

0:22

on the Y because I have

0:24

seventeen jobs. But we're here today

0:27

and I'm excited to be sitting

0:29

on a chair, sitting in his chair back in

0:31

front of these gold microphones with the Y

0:35

and I'm excited about today. Today

0:37

we have one of the most successful execs

0:40

and entertainment history, a

0:42

man who went from working as

0:44

a reporter and a weatherman

0:47

in New York to becoming the president

0:49

of ABC and eventually the

0:51

CEO of Disney. Everybody,

0:54

please welcome to the Why

0:57

Bob Iger. Bob, how you doing.

0:59

I'm good, Jack, Thank you for me, Thank

1:02

you for being here on a podcast. Man, it's

1:04

a big moment for me. You

1:06

nervous, No, not at all. Good. You're a

1:08

big deal. So and

1:11

the reason I say that, Bob, I go right back

1:13

to twenty nineteen when I had a meeting

1:15

here with you, and

1:18

I remember coming into the meeting and they said

1:20

you got fifteen minutes and

1:22

I was They was like, he has a big today,

1:25

Lion King is debuting. It's

1:28

a big day for Bob. He had the you

1:31

know, you had the event that night the

1:33

carpet that night, and we had fifteen minutes

1:35

and our fifteen minutes went from fifteen to an hour.

1:38

It was a great conversation that we had, and

1:41

so I want to thank you for those fifteen minutes

1:43

that turned into an hour, because at that time,

1:46

for me retiring, it was important that

1:48

I that I got opportunity to come out here in LA

1:51

and meet with people that I admired, people

1:53

who you know, who

1:55

I was looking for for answers of

1:58

what to do next. And we just sat down

2:00

and talked about life and we talked about what

2:02

was next. And so I want to thank you personally

2:05

for taking that.

2:05

Time give you an hour.

2:07

I gave you an hour. I appreciate that.

2:10

So from twenty nineteen being

2:12

that day and I remember it was a lot of conversation around

2:14

the Lion King. Beyonce was a part of anybody

2:16

want to know Who's lion King? I'm talking about? To

2:20

now this summer five years later, it's

2:22

a lot has happened in between that

2:24

for you and Fry. Yeah. So

2:27

I guess the biggest thing to happen is you retired.

2:30

You retired in twenty twenty. I retired

2:33

in twenty nineteen. Every day

2:35

I'm asked when I see a sports

2:37

fan, I'm asked, when are you going to

2:39

come back? When are you coming back? And

2:42

I say, absolutely not. And so you're

2:44

retired in twenty twenty, and you

2:46

and you're back.

2:47

Why, Well,

2:50

I retired with all good

2:52

intentions of staying retired. At

2:55

that point, I had been CEO of the Walt Disney

2:57

Company for fifteen years, and I had worked

2:59

here for then, you

3:01

know, I don't know, forty seven years.

3:04

I'm now with the company fifty years this year, and

3:07

it just seemed like time, and I really wanted

3:09

to explore life outside of Disney. In fact, I

3:11

have my license

3:13

plate on my cars is their life after Disney?

3:16

An?

3:17

I want to know what life was like after Disney.

3:19

I'm sure you had similar

3:21

curiosity, but life after the NBA

3:23

time you didn't really retire. You stayed

3:26

pretty active, but it was a big

3:28

step for you. Anyway, It was the right time,

3:30

the right thing for me to do. But

3:33

the person that was chosen as my successor

3:36

didn't work out. The board of directors made a

3:38

decision that

3:41

he needed to go, and they asked

3:43

me whether I would come back, and given

3:46

my history with the company, given the love that I

3:48

have of the company, given the fact

3:50

that I knew it was a time

3:52

of great need, I

3:54

felt I had no choice but to say yes,

3:57

even though I must say in terms of managing

3:59

my time and my life life, it wasn't

4:01

my first choice, but it was

4:03

an obvious one.

4:04

It was an obvious one. Can

4:06

you explain that love a little bit? I mean, I

4:08

think some people and ouside will look at it as

4:10

a position that you've hailed. But to

4:13

come back out the retirement, out

4:15

of everything that was you know, was built,

4:17

you know, in your tenure here. How

4:20

deep is that love? What does that love mean?

4:22

Well, it's really deep. I think it starts

4:24

with who we are as a company. You know, we primarily

4:27

create joy, happiness and magic

4:29

for people all over the world. I just got

4:31

back from Shanghai yesterday and

4:33

I was at Shanghai Disneyland and I watched

4:36

it was about forty five thousand people

4:39

at the park in Shanghai having a fantastic

4:41

time, and just remind you who we are and

4:44

in a world that I think is complicated

4:47

and challenging, probably nothing is

4:49

more important than what we do today is

4:51

creating happiness. And so when you

4:53

do that for a living. It's it's

4:55

you know, it's addictive in a way, it's intoxicating.

4:59

It's there's something very joyful

5:02

about being in that business

5:04

of making people happy.

5:06

It makes you feel alive, it does, it.

5:08

Makes you feel a love, it makes you have

5:10

a it's a powerful sense of purpose. I

5:12

don't think people really on the outside

5:14

necessarily understand that. By the way, in many respects,

5:17

you did the same thing. I know,

5:19

you know you were playing to win, and there was a competitive

5:21

side to it, but in reality, you were an entertainer. You

5:24

know, you're doing things that particularly

5:27

basketball fans like myself really love

5:29

to watch, and you made us well when

5:31

you beat teams that I was rooting for you, it feel

5:33

so happy. But so I just

5:35

think that in terms of a life experience

5:38

and a life pursuit, is

5:40

extremely fulfilling. And I think the

5:42

love of the company

5:45

and the love of the job stems mostly

5:47

from what it is, what it means in the world

5:51

Bob.

5:51

For everybody out there who has not read

5:53

Bob's first book, it's called

5:55

The Route of a Lifetime. And I

5:58

went and got the book out there after our meeting

6:00

because I just I thought it was so fascinating getting

6:02

a chance to talk to someone who has been

6:04

and accomplished all the things that you have, and

6:07

so I wanted to get some knowledge.

6:09

And if I remember correctly, very

6:11

early in the book, you talk about the

6:14

opening of Shanghai

6:16

and China and the call in the moments

6:18

right like everything that could have went wrong and everything

6:21

that was developing in that process. And

6:23

so just to just

6:25

know that you said that you came, you just came from Shanghai.

6:27

I remember in your book reading about that, and that was my first

6:29

time kind of getting the information that

6:32

you know, what went down to open up you

6:34

know, Disney in Shanghai, China. And

6:37

so everybody, please, I

6:39

know this book has been out for a while, but it's

6:41

a great book if you want to know things

6:43

about leadership, which I

6:46

want to know about. And my next question to

6:48

you, in the midst

6:50

of this transition that

6:52

you had from CEO

6:54

of Disney and another

6:57

CEO coming in, how's that process? Are

6:59

you the one that have to pick the CEO?

7:02

Do you pick the one your successor I mean,

7:04

I know we hear about it, but it doesn't work like that,

7:06

not really.

7:07

No, it's a board decision, you

7:10

know, I'm a member of the board, so technically

7:12

I have one vote. But as you'd

7:14

expect, the board,

7:17

and this is true with a lot of companies, typically

7:19

turns to a CEO, particularly if that CEO

7:21

has been successful, for advice

7:25

and for a say in that decision.

7:28

In this particular case, the board was

7:32

leaning very strongly in the direction of staying

7:34

inside, as they had done with me in two

7:37

thousand and five, when I was chosen

7:39

someone who really not only knew the company well,

7:42

but someone that we knew really well and

7:44

felt that it was much less risk

7:46

associated with that, and in fact, we

7:49

felt that we had someone that

7:51

was fully capable of doing the job and

7:53

doing it well. So I was a member of

7:56

the board, and I would I'd have

7:58

to say, you know, an integral part of

8:00

the process because the assessment

8:02

of my successor you

8:05

know, they relied a lot on me

8:07

for but they also participated

8:09

in too. If I can just go back,

8:12

because you mentioned my book, Yes, that came

8:14

out I guess right before we met.

8:16

Came out in nineteen and it just reminds

8:19

me because I think I

8:21

wrote in it. At that point I had been in China

8:24

forty five times, so I've been

8:26

back five times, so yes, this.

8:27

Week was my fifth fifth time.

8:30

Yes, that's a lot of mileage, but it

8:32

is.

8:33

I've been a few times myself. Actually, I've been

8:35

twice already this year, and there's going to be four times

8:37

this year total.

8:38

Did you have a sneaker deal there?

8:39

I can't remember. Yeah, I thought I still do, so

8:42

I spent a lot of time going back and forth. So

8:44

I don't know if I'm at fifty, but I know we got

8:47

since since two thousand and eight on, I've

8:49

been going to China pretty much every year

8:52

twe years loan trips,

8:55

So just a pivot from

8:57

that. I'm trying to think where I was going. But I

9:01

guess for me, you know, when I think about when

9:04

I think about your journey, is the is

9:06

the process that it took for the CEO?

9:09

Right? The process you said with the board, your

9:11

journey wasn't the same, right. I mean,

9:13

if I go back and I remember reading, I think they

9:15

talked about the board really wasn't a big fan of bringing

9:18

you on a CEO at the time that you came

9:20

on, or it was maybe the votes

9:22

was a little split. How was that process for you

9:25

to become CEO?

9:26

It was arduous and challenging.

9:30

I was the internal candidate, but there

9:32

were multiple external candidates,

9:35

and the company had been through a challenging time

9:37

for probably about five years when I was

9:40

then the CEO, the chief operating

9:42

officer, and I think because

9:44

of the company's issues

9:47

in that period of time, they weren't

9:49

sure whether I had.

9:52

What it takes.

9:53

And I think they were looking for not

9:56

more of the same, but they were looking for different and

10:00

so they put me through an extremely

10:02

arduous process.

10:03

I think fifteen interviews.

10:05

I was interviewed by every member of the board at least

10:07

once, some twice by the entire

10:09

board, twice, by an outside

10:11

search firm once and

10:14

they really, you know, made me, you

10:16

know, earn the job, not just from the

10:19

performance that I had, but in terms

10:21

of my ability to articulate

10:23

where it was I wanted the company to go where

10:25

the key issues were. And I must

10:27

say, you know, at the time, I guess

10:30

in a way it's like childbirth. Well

10:32

I've never given birth. It was

10:34

pretty painful. I felt I was

10:36

being judged harshly,

10:39

and I felt that the

10:41

process was a little bit too long and just

10:43

a little bit too rigorous. But

10:46

then I was fortunate. In the end, I convinced

10:48

them I was the right person. I got the job, and then all of

10:50

a sudden, you forget about all the pain. I guess

10:52

again, like childbirth.

10:53

The kids born, everything is all good, is

10:56

past you, and you, yeah, you.

10:57

Feel great about it.

10:59

And actually, as I think back,

11:02

the rigor that was required really forced

11:05

me to focus on what

11:07

would my priorities be, you know, what

11:09

did the company need most, what needed to be changed,

11:12

what was good, what wasn't good. And

11:14

it caused me to I think much,

11:17

think much more deeply about what

11:19

I would do when or if I

11:21

got the role, and so so.

11:23

It made you look inside a little bit, a little

11:25

bit further.

11:25

Absolutely, it made me. It made me. Yeah,

11:28

it was. It was

11:30

good.

11:31

You know.

11:31

You know they say, you know, practice makes

11:33

perfect or whatever it is. I don't know if it was perfect,

11:36

but I definitely had to. I remember,

11:39

you know, one of the early meetings, you know, what are.

11:41

Your strategic priorities?

11:43

And I kind of anticipated a question

11:45

like that to be answered, but I hadn't really given it that much

11:47

thought.

11:48

So it was all good.

11:49

It was.

11:49

It was a discipline that I think

11:53

ended up being positive

11:55

for me rather negative.

11:58

What do you get the the goal? What

12:00

do you get the confident to

12:03

say I'm going to be CEO of Disney Like?

12:05

What does it come from? Well, I

12:07

think years and years of learning. I've

12:10

always been a believer of of

12:13

having some ambition, meaning wanting more,

12:16

but never letting ambition get too far ahead

12:18

of opportunity. What I mean by that is,

12:21

you know, when you're really young and

12:23

starting out, I think it's okay

12:25

when you believe it's

12:28

time and you've earned it, to have ambition for the

12:30

next role.

12:31

But to have ambition to.

12:32

Do something fifteen twenty years later,

12:35

you know, I guess one could argue that could

12:38

drive you. So I guess as a

12:40

you know, a twelve year old kid, you might have had an ambition

12:42

to play.

12:42

In the NBA and that may have driven

12:45

you.

12:46

And maybe that's a bad example because it, you know, it worked

12:48

out pretty well for you. I never had

12:51

the ambition to be the CEO of

12:53

the Walt Disney Company or of a company. I

12:56

just went to work every day, worked

12:58

really hard. When I gained the

13:00

confidence in what I was doing and I gained the

13:02

confidence of the people I was working for, something

13:07

a gear clicked in or something for

13:09

me to really go.

13:10

For the next role.

13:12

So I think at the time

13:14

two thousand and four, two thousand and five, when I

13:16

was being considered, I felt I was

13:18

really ready because of the job

13:21

that I had just done. In the jobs

13:23

that I had over all those years.

13:25

I was that president of ABC. Is that the job

13:27

or I had?

13:28

Yeah, well, I had a number of them before,

13:30

you know, I was at one point I was vice

13:33

president of Programming for ABC Sports,

13:35

which was at the time before ESPN,

13:37

like the penultimate television sports

13:39

organization. Then I was president of

13:42

ABC Entertainment, which is all primetime programming,

13:44

which was when I was thirty seven years old.

13:47

Then President of ABC I think when I was forty

13:50

forty three and

13:53

a and

13:55

then I became president of the company which

13:57

was called Capital Cities ABC when

14:00

I was forty three. That's when

14:02

I was forty three.

14:05

And I think at that point, I,

14:07

you know, each job and

14:10

they enabled me to gain more confidence again

14:13

practice practice not only doing,

14:15

but practice leading, which I

14:17

don't you know, it comes naturally to some people,

14:20

and I think I had an innate quality to lead,

14:23

but that I didn't necessarily know that. And

14:25

it's not until you know it that you can do

14:28

it, you think. So by the time I became

14:30

CEO of the Walt Disney Company, all

14:32

of the jobs that I had before prepared

14:35

me for it, and I was confident.

14:37

I wasn't certain I would do it well, but I was confis

14:40

confident I at least had a shot.

14:41

Yeah, what what kind

14:43

of leader would you say you are? If

14:48

someone? Because perception is reality,

14:51

right, So whatever perception is about you

14:53

as a leader is the reality that the people

14:55

are going to think. So what kind of leader would you think

14:57

you are?

14:58

Well? Wow, it's

15:00

going to sound probably a little conceited, but.

15:02

We got gold microphones.

15:05

But I see that Holly

15:07

matches.

15:08

Interestingly enough, I'm more of an introvert than

15:10

an extrovert, even though the job forces

15:12

to me, forces me on stage all the time

15:14

to be an extrovert or to act like an

15:16

extrovert. And I actually

15:18

think being an introvert has its has

15:21

a value because I

15:24

think a lot internally. I am am

15:26

I spend time being thoughtful. That

15:29

means shutting out the noise in

15:31

the world sometimes, and

15:34

I think it's really important that thoughtfulness

15:36

is an important component of leadership. It's

15:39

gaining the knowledge to make smart decisions.

15:41

As a for instance, I think

15:43

I'm accessible. I think it's really important

15:46

even though I have to protect my time, as

15:48

this story you told about giving you fifteen

15:50

minutes, because allocating

15:53

time is one of the most challenging things about

15:55

particularly a job leading a company like this, in

15:57

a job like this, but I like, even

16:00

if I'm careful at how I allocate my time,

16:02

I like people to believe that they can touch

16:05

me and see me and hear what I'm saying.

16:08

So open door policy you can. You

16:10

know, not everybody the company can knock

16:12

on my door and walk in, but a lot of people can.

16:15

I walk around a lot, so I like being

16:17

seen. This notion that

16:20

people can in a way touch me and

16:23

get to know who I am is important.

16:25

I obviously I

16:28

believe you need to be a really good listener. Being

16:30

a leader is not always about telling people

16:32

what to do. It's about hearing what other

16:34

people think we should do, any want

16:36

to do. It's almost

16:38

like a coach and a an NBA

16:40

team. I think you tell teams,

16:43

you give them a lot of instruction and tell them what to do, but

16:45

I think it's really important to hear what they

16:48

want to do, and I think it has

16:50

to be a two way street. It has to be balanced,

16:52

and that's I try to approach it that way. I'm

16:54

very decisive. I

16:57

believe in making decisions on a timely

16:59

based and not be laboring decision making.

17:02

I'm a risk taker. I'm

17:05

focused. For instance, I

17:08

believe that when

17:10

you're talking to someone, you need to be to be in the moment and focused

17:12

on who they are and what they're saying. You need to

17:15

be focused on what your priorities are. You

17:17

need to be focused on, you know, what are the

17:19

most important decisions or

17:22

actions you have to take as

17:24

a leader. All of those things

17:26

I try to I like to think that I'm kind,

17:29

but I know I make tough decisions too sometimes

17:32

about people and they may not think I'm so kind.

17:35

And then, last, the authenticity is important,

17:37

you know, being who your true self,

17:39

who you really are, not trying

17:41

to fake it.

17:42

I'm glad you said that because that leads right into my next

17:44

question. How do you protect Bob

17:47

from Bob Iger to CEO? How

17:51

do you find your personal

17:53

time? How do you stay safe away

17:55

from Yes, you want to be the leader that has

17:58

open to a policy but also understanding

18:00

that you cannot allow everybody to come

18:02

in and give you their thoughts and their you

18:05

know, they're feeling their emotions on every decision

18:07

and everything. So how do you protect yourself?

18:10

Where's your solitude away from

18:12

Bob iger Ceo.

18:13

Well, I carve out I'm

18:16

very very specific about this. I

18:19

carve out time every day to be alone

18:21

with my thoughts. It gets

18:23

people ask me whether I meditate. It's my form

18:25

of meditation, but a true meditator would

18:27

probably scoff it.

18:29

Well, I work out every morning.

18:30

Okay, alone almost

18:34

in the dark with I listen to music, but

18:36

there's a TV on, but I don't

18:38

have the sound on.

18:39

It's about four or five am, he said, in the dark.

18:41

Yeah, it's.

18:44

I get up at mostly four thirty most mornings.

18:46

I used to get up at four fifteen. I've given myself

18:48

fifteen in one minutes and I

18:50

work out religiously every

18:53

morning, and that's my solitude. And

18:55

I'm amazed at how much I get done. In

18:57

terms of inside my head, I'll

19:00

think about the day, I'll think about things, my

19:02

priorities. Sometimes I'll

19:04

even think about ideas I

19:06

might have for a.

19:07

Speech that I have to give. It

19:09

gives you clarity, It gives me real clarity.

19:12

And even though you know you work

19:14

out to spend energy, I actually think it's energizing

19:17

that's really important. I also

19:19

try to build in time almost

19:22

each day during the day where I

19:24

can, you know, just stay on top

19:26

of things, email, reading,

19:29

watching. I have to do a lot of watching. And

19:31

that's also true at night. So even

19:34

though are there are a lot of demands on my

19:36

time, I say no to many more things

19:38

than I say yes to, because,

19:40

first of all, I like to spend time

19:42

with my family, and

19:44

I prioritize that even though my boys

19:47

now are out of the house, but I

19:49

like to be home for dinner and I may go

19:51

back to work after dinner. And even when

19:53

my boys were growing up and when

19:55

I was not traveling, I made sure I was home for dinner

19:57

with them then and then we all went and did

19:59

it.

20:00

To our rooms to do our homework.

20:02

But I just think compartmentalizing,

20:05

carving out time not just for your thoughts,

20:07

but for your personal life, it's critical.

20:10

Without it, I don't think you're a complete person.

20:33

I think some of you said is important, and it's

20:35

a question that I posted to someone recently at

20:38

a conference in Hong Kong. But to

20:40

be as successful as

20:43

you are, to

20:45

have all to wear all the hats that

20:47

you wear. That is Bob,

20:49

you're the public figure, the CEO, but you also

20:52

have Bob the husband, Bob

20:54

the father. Have it? How

20:57

do you deal with the

21:00

guilt? Possibly because I deal with this and a person

21:02

speaking from personal experience

21:04

of dealing with guilt of trying to be the best at

21:06

my craft or whatever it is, I'm chasing and trying

21:09

to build for my family, but also missing moments,

21:12

not always being able to be there. How

21:14

have you dealt with you know, kind of I guess

21:16

I call it guilt. But have you dealt with that situation?

21:19

Yeah? Painfully in a way.

21:22

I am.

21:23

I was married before, and I had two

21:26

kids with my former wife who

21:29

are now in their forties and have five grandchildren.

21:31

Well, I have five grandchildren.

21:34

And when they were really young

21:37

and I was working instead

21:39

of leading a company, I was working for leaders

21:41

of company and leaders of the businesses

21:44

that I work for, so I had less

21:46

control of my time. And I was also

21:49

really really striving hard to

21:51

get ahead, you know, to be successful. Yeah,

21:54

and I sacrificed a lot

21:56

personally. I missed a lot when

22:00

I was home. I tried to be in the moment, but

22:03

I know most of the time my head

22:05

was somewhere else. And as

22:07

I grew older and I

22:09

got divorced, I got remarried, had two kids.

22:12

I was very conscious about not doing

22:15

that again because frankly, the guilt

22:17

that I had basically

22:19

missing moments I carried through

22:21

into my late in my years. I

22:24

can still think about it actually just talking about

22:26

it. I missed a lot and I just

22:28

made myself a promise that

22:31

I wasn't going to do that again. When

22:33

my older son was born,

22:35

I was already president of ABC,

22:39

and then I quickly became CEO and president of

22:41

Disney. And my second son was

22:43

born a couple of years before I became CEO, and

22:46

I just decided that I didn't want to I

22:48

didn't want to create more guilt, but

22:50

more and more than that, I wanted to be more. I

22:52

wanted to be there for them more. And it was helped

22:54

a lot by being mature. And

22:56

I think when you are older and have kids,

23:00

you have an ability to be more focused. And

23:03

I had already achieved,

23:05

although I still had more that I wanted

23:07

to achieve. But I think the fact that I did,

23:10

and I wasn't striving constantly for more.

23:12

Gave me the ability to be a little bit more

23:15

with them, because

23:17

as I think think back in my daughters, I

23:19

might have been with them in physically

23:22

but not necessarily as much as I needed to be emotionally.

23:26

So I and I've had that guilt in terms

23:28

of.

23:30

My marriage.

23:32

I'm very lucky that my wife will

23:34

Obey has worked

23:37

throughout our marriage and times and jobs

23:39

that were just as demanding, if not more so than

23:41

mine. And she's currently dean of the

23:44

Annenburgh School Communication and.

23:46

That talked about it.

23:47

That's a heavy duty job, and

23:49

particularly these days, and

23:52

that makes it a little easier. You know that

23:54

she's you know,

23:57

sometimes I make her feel guilty a little

23:59

bit.

24:00

She understands when you have to.

24:02

Walk in and not once and we

24:04

talked about the fact that I went to China

24:06

fifty times, well about forty seven

24:09

of those times were since we've been married,

24:12

and not once did you say what are you doing? You're leaving

24:14

again. I just never had that, which is so

24:16

it takes a partnership. I'm sure you've

24:19

discovered the same thing. You know,

24:21

you need someone who

24:25

understands the sacrifices

24:27

of doing what we do, but

24:30

it's also willing to speak

24:32

up for what their needs

24:34

are. And I be I was lucky that

24:37

she never purposely made me feel

24:39

guilty.

24:40

But that's that's one of the biggest keys.

24:42

Before I throw it to you, Bob, just

24:44

to bring it back to Willow. My

24:47

first time getting a tanzameter, we were at

24:49

the mc gala last year. Before

24:52

you go into the meg gala where the big party

24:55

is, you kind of walk through this the art exhibit,

24:57

and the art exhibit was of call like

25:00

felt right the theme last year, and

25:02

we and you, Willow Gavin,

25:04

myself, my wife, we all walked together

25:06

throughout the exhibit and you and I had, you know, time

25:09

to look at the beautiful art that

25:11

you know, a fashion last

25:14

year at the mcgala. So it was cool getting that time,

25:17

you know, because I know Willow from TV,

25:20

right, I know her from you know, being a

25:22

journalist from TV, and so you know, it became

25:24

real like I'm you know, I'm a fan of of

25:26

people who are very talented and they can do multiple

25:28

things. And so your wife has very

25:31

similar to my wife has her own life. I have

25:33

a own career as well, as being a mother.

25:36

And so it's fascinating to me when when two big

25:38

powerhouses in a sense they get together

25:40

and they can they can make it make sense.

25:43

Yeah, I think it something healthy about that. Willow

25:46

doesn't derive any

25:48

esteem or status from

25:50

from me. Yeah, you know, she she has her

25:52

own uh, and I think that's

25:54

really healthy.

25:55

I think I was.

25:55

I was drawn to her for that reason, in part that

25:58

she had her own career. Interesting and

26:00

just thinking about it that she for I think

26:02

eight years was a co host of NBA Inside

26:04

Stuff with a lover shots.

26:06

Yes.

26:07

Then over times we went to games and a player would

26:09

say, I used to watch it when.

26:10

I was little. Yeah, that was We always

26:12

made her feel old.

26:13

But she from

26:15

you know when I met her, she was doing that.

26:17

She had her own career.

26:18

Ultimately she was great.

26:20

Thank you, Yeah, thank you. It

26:22

was fun watching her.

26:23

Every once in a while a video will pop up that

26:25

we crack up about it.

26:27

It actually made it cooler to me, Bob, when I found out

26:29

you was married to Willow.

26:31

That is that is a source of a lot of

26:34

status for me, particularly when I got to NBA

26:36

game. You know that show

26:38

is getting not getting inducted

26:40

into the into the NBA Hall of Fame.

26:42

Listen rightfully. So it was an amazing show.

26:44

You're and you were already inducted. Are

26:46

you getting I can't.

26:47

I got inducted last year in August of

26:49

twenty three. Yeah.

26:50

So if you still remember the suit, you were

26:54

you knowing it was pretty cool.

26:55

Yeah, yeah, I don't out on the white suit

26:57

and I changed clothes. I did a whole time. I'll go over

26:59

the top. Bob, do you want

27:01

to insert an ass?

27:03

I do have a question for both you actually

27:06

like what's the fire? Where's the fire? For

27:09

you is because you both like

27:11

you you're present, You're the CEO of one

27:13

of the biggest companies in the world, and you've reached

27:16

them out on top of NBA start

27:19

like basket the basketball on this, but

27:22

you're still going like you're both are still like just

27:25

it's fire there that's not stopped,

27:27

Like where does that come from?

27:28

Like where is that?

27:29

What's what's the fire from?

27:30

Now? Yeah?

27:32

Go ahead, Well I hate there's a lot of

27:34

fire. I've always had

27:37

it, and

27:39

we could analyze exactly why

27:41

and what generated it. But one

27:44

of the things that amazes me, even now

27:46

I'm seventy three years old, going to be seventy four.

27:49

And I've been doing this for a while, as we've

27:51

said, and I get up every morning still

27:53

with fire in my belly. I'm incredibly

27:55

competitive, really competitive, not necessarily

27:58

with other people, but in general I'm a

28:00

perfectionist. I

28:02

believe working hard, as you know, the

28:05

true secret sauce to

28:07

success. But with that comes

28:09

I think if you're competitive, you work even harder that

28:12

fire. I

28:15

just, you know, to put it in perspective.

28:17

My dad was a well

28:19

educated man, ivy league education, a talented

28:21

man, played jazz, professional jazz

28:23

trumpet player, but he had manic depression

28:26

and it deprived him of a successful

28:29

career and he was always

28:31

unfulfilled. He was always disappointed in himself,

28:34

and I've observed that as a young

28:36

child and throughout. He died about ten years

28:39

ago, but I observed that in him,

28:41

you know, as long as he was alive, and

28:43

I promised myself I was not going to live

28:46

a life that was not fulfilling,

28:48

and I was subconscious.

28:51

I didn't really understand it as much until

28:53

I actually started writing my book

28:55

and had to really come to grips

28:57

with how do I explain it? But I

28:59

just I saw his unhappiness

29:01

and dissatisfaction with himself, and

29:04

I was driven. The fire really,

29:06

I think comes from not

29:09

wanting to lead the life that he

29:11

led. And he was a good person, he was a good father,

29:14

but he was never happy,

29:16

and so I think a lot of it comes from that. You

29:19

really want to get, you know, bring

29:21

the psychology into all this.

29:22

Yeah, for me, so

29:25

many different things, as you said, but I

29:27

think where it comes from, where it comes

29:30

from me is is I

29:32

don't want the bus to stop here, right

29:34

Like, I'm first generation to do everything

29:36

that I'm doing, and

29:39

my fire comes through my kids. You

29:42

know, I go back, Zaire's twenty two years old.

29:44

I've had a fire in my belly for the

29:46

last twenty two years that

29:49

I can't even explain that gets me out of

29:51

bed every day. And you know, Zaire is my oldest,

29:53

and I go all the way down to my youngest, And

29:56

so for me, I guess that fire is

29:58

in me for them

30:00

because I don't want the bus to stop

30:02

where I am and where we

30:04

are as a family. You know, I want to I

30:07

want to know what family offices is like. I want

30:09

to know what generational success

30:11

looks like and feel like I want my family to know those

30:13

things and feel these things. And so I

30:15

put a lot of pressures on myself to, you

30:17

know, not just be successful in the NBA,

30:20

but to be in all these areas

30:22

because you know, I know that I'm a model for

30:26

the way family and

30:28

that fire and my belly to be better every

30:31

day is not just for myself. It's

30:34

for a long line of kids that I probably would never meet.

30:36

Because I want to be the I want to set the standard.

30:38

And then because I understand in sport, once

30:41

a standard is set, you're gonna work hard to jump

30:43

over that. Like Lebron came to all

30:46

time scoring leader because Kareem did it

30:48

right. And so once these bars

30:50

are set, it's your job to now you know, the

30:52

next generation to try to jump over those bars and

30:55

clear them. That's that's how competitive we are, and

30:57

I want my family to be competitive. So I want to set

30:59

the bar, and then I want to make sure the generations

31:01

out there know that they have the capabilities and the

31:03

resources and all the things they need to jump

31:06

over that bar. And so my my

31:08

desire and everything burns is all based around

31:10

my family. I feel that that's my purpose in this world

31:14

is my family.

31:14

So I was going to actually ask you a question.

31:17

It came up in my head anyway,

31:19

Sorry when we were talking

31:22

about retirement, because

31:24

I know that and to play in the NBA you

31:26

have to be competitive. But I

31:29

also know, having gotten to know a few

31:31

NBA players, yourself, Chris Chris

31:33

Paul being one, that there are different levels

31:35

of competition. There are guys who are

31:37

far more competitive. And I think you'll find that

31:39

the greats in the league, those again into the Hall of

31:41

Fame, were simply more.

31:43

Competitive than others.

31:44

Obsessed and yes, and that the

31:46

work ethic and everything about it.

31:49

But then all of a sudden the day comes and unlike

31:52

me, it's like, you know, you could do this job a longer,

31:54

much longer time because it doesn't

31:57

demand it demands of me physically, but not like

31:59

yours did. You got to step back? What

32:01

do you do someone as

32:03

competitive as you? How

32:05

do you channel that? And you talk about your family?

32:08

Was that a challenge for you?

32:10

Definitely? It's an everyday challenge,

32:13

right especially man, I played

32:15

basketball from five years old on.

32:18

You know, it was so much for me and

32:21

I think I'm one thing I know, Bob,

32:23

is I'm learning a lot about myself now that I'm getting

32:25

full and fulled away from the game, I'm actually

32:27

learning that I love

32:30

the game. I love the game with all my heart,

32:32

but I actually understand that. It's

32:34

not like my dad still plays basketball

32:37

every day sixty seven years old. He gets up every

32:39

morning, he goes play basketball. I don't do that,

32:42

and I know his needs are worse than mine, and you know,

32:44

and I don't do that. And so I'm like, dang, I do

32:46

I love it the way he loves it?

32:48

Interesting?

32:49

Right, Like, I'm starting to, like now look at certain

32:51

things and say, man, I love this game. It's done so much.

32:53

But I think for me, the game

32:56

was it was a moment, you

32:58

know. And my mom always told me when I was a kid in the

33:00

tidele of my book that my life was bigger than basketball,

33:02

and I never knew what that meant. And I think, now

33:04

I'm on the other side of basketball, I'm starting to understand

33:07

what that meant is. I'm not obsessed about

33:09

that anymore. But what I am obsessed

33:11

about is how

33:13

do I maximize each each day. I'm

33:15

obsessed about maximizing my day

33:17

and maximizing my time, and I'm

33:20

trying to win so many moments throughout my day, whether

33:22

it's getting dressed in twenty minutes, I want to win. I

33:24

want to see if I can get out the door in twenty right. I'm putting

33:26

these challenges in front of me, and so

33:28

I'm taking some of the things that made me a great athlete

33:31

and I'm just bringing them into life and

33:33

trying to make myself, you know, and challenge

33:35

myself to be a better person.

33:37

By the way that getting out the door in twenty minutes,

33:39

I can really relate to that.

33:41

It's so interesting. I've

33:43

never talked to anybody about that.

33:44

I actually sometimes I'll

33:46

count, like, you know, I just try

33:48

to be more efficient at things.

33:51

The challenges you got to set for yourself.

33:52

But it must be how we're wired too, you

33:55

know. I do fewer steps.

33:57

Toget from one place to the other.

33:59

If I can do what I'll do. I

34:01

guess it's a maybe it's I

34:04

don't know, maybe it's why we end

34:06

up doing what we do because of

34:08

that that mentality.

34:09

Yeah, no, I gotta it's a thing

34:12

I go through. I put so many challenges in front

34:14

of myself that no one knows. I am in competition

34:16

with myself all.

34:17

You can talk about it. A

34:19

lot of people don't understand it. They think you're crazy.

34:21

Yeah, so you know, to

34:24

to answer your question, Bob, I mean, I guess

34:26

that's the way that I kind

34:29

of look at You know that I'm trying to you know,

34:31

I always I want to be connected to the game.

34:33

I think it was a point and my team noticed

34:35

where I was trying to I don't want

34:37

to be known as an athlete. I want to be known as

34:40

a businessman. I want to be taken serious. Don't.

34:42

And then I had to sit back and I have to look at and say, you know

34:44

what, actually being known as an athlete is actually

34:46

the best team because do you know what I had to overcome to

34:48

be a great athlete. Do you know the value

34:51

that I bring by being an athlete? Well, let me tell

34:53

you, and so really bringing everything

34:55

that I am as an athlete, and understanding that

34:57

I am so unique in every room I walk into

35:00

because it's only a handful of us, and

35:03

not try to get yourself away from

35:05

being an athlete or being known

35:07

as an athlete. No, please know that I was, and please know

35:09

that I was a champion. Please note that I overcame

35:12

injury because now you're gonna automatically

35:14

know something about my character. You

35:37

won the championship? How many times? Three?

35:40

I was at one? I was in Dallas.

35:42

Oh the one we want?

35:44

That was your first one?

35:45

Six?

35:45

Was that your first?

35:46

Yeah? I was there. You were there.

35:48

Because ABC and ESPN

35:51

has the NBA and I go

35:53

to a lot of finals over the years. And my

35:55

son at the time, six was eight

35:58

and a big basketball fan. End they're playing basketball

36:01

in high school and he he

36:05

over the years, he's always roots

36:07

for teams that are winning. A

36:11

Clipper fan most of his life. But he decided

36:13

to go to the game wearing a Dwayne Wade's

36:16

uniform or jersey in Dallas. So we

36:18

fly from LA to Dallas. He's

36:20

wearing number three, the dead

36:23

Miami jersey, and we find

36:25

out that we're sitting courtside.

36:27

So we get there and he is in

36:30

Dallas.

36:30

He's like one of the few Dallas fans, a few

36:32

Miamis fans that courtside.

36:36

He's getting harassed by the Dallas

36:39

I love that he's eight years old.

36:40

He was even the Dallas Mavericks mascot.

36:43

Came especially in

36:45

courtside in Dallas.

36:47

We didn't know we were going to sit courtside.

36:49

I didn't want him to wear the university sun.

36:51

We're you know, we're going to Dallas. You gotta be respectful.

36:54

Was it the game we actually won? It was the game you

36:56

won? Game six?

36:57

Yeah, it's a game you won.

36:59

Wow. June twenty by the

37:01

way, yes, I know to day.

37:05

How excited was he during that win?

37:07

For him wearing that jurny being like

37:11

like like.

37:12

Like I picked the right way? Was

37:14

he like at the end of that game? Like,

37:16

yeah, yeah, he was elevated. Pretty

37:21

happy kid man. That's that's awesome.

37:23

Thank you for sharing that. Yeah, feel good.

37:26

He'll remember it too. Yeah that

37:29

On that same line, dude,

37:31

are you the father that

37:34

you thought you were going to be? Right? We all have

37:36

this idea of who

37:39

we're going to be if we have kids and what we're going

37:41

to do. Are you that father? I've

37:44

never thought about that.

37:46

I do think about, you know, my qualities

37:49

as a father? Yes,

37:53

I don't.

37:54

I you know, I the

37:56

father I thought I wanted to be.

37:57

I was going to be.

38:00

Maybink by and large, I am, by and

38:02

large.

38:04

I think about it.

38:05

Again, I haven't given much thought, but yeah,

38:07

I think I I just think I've I've

38:09

been a good role model. I've

38:13

been there for my kids. I

38:17

balanced, you know, being kind and being

38:19

and discip and disciplining them.

38:22

My wife and I both said pretty high standards

38:25

for them.

38:25

Yeah, I think pretty much.

38:27

You've done a good job of it. Okay, Yeah,

38:30

I don't know.

38:30

If I give myself an APT I.

38:32

Wouldn't do that. If

38:35

if I could, as we sit here, ask for not

38:38

only just me, but even the listeners advice,

38:41

and I don't. I don't know the answer

38:43

to this, but just listening to you,

38:46

I know that you have a blended family, and

38:49

I know that I have parts

38:52

of a blended family, and how

38:54

difficult it is to do that.

38:58

So any tips, any pointers that you give me

39:01

or anyone out here listening, How did you handle

39:03

and what's the challenges of bringing

39:06

together family?

39:08

Well, I think the most important

39:10

thing is being empathetic to all members

39:12

of the family, because not all situations

39:14

are are comfortable. There's

39:18

sometimes some discomfort in bringing

39:21

blended families together. Yeah, And

39:24

while I think as parents we set expectations

39:27

saying why isn't everybody happy? You know, and everybody

39:29

get this, and you have to realize

39:31

that people come to blended families

39:34

with sometimes disappointment

39:37

and expectations,

39:40

and it's not always.

39:42

Great for everybody.

39:43

I think you just have to put yourself in their shoes. Yeah,

39:46

but that would be the most important more

39:48

empathy, Yeah, definitely, definitely.

39:51

You know I remember, you

39:53

know, introducing my daughters to my

39:56

Willow who became my wife, and then getting to the

39:58

point where telling you what I was going to get married, then

40:00

telling them we're going to have a child, and

40:03

well, you know, you can't just expect

40:05

them to accept it all and be and smile.

40:08

You know, you have to really think, well, you know, what

40:10

are they thinking. They're disappointed in the dissolution

40:12

of the marriage of their parents and

40:15

you know, having someone else in their lives

40:18

that is a stranger in many respects

40:20

what you're expected to all of a sudden embrace and.

40:22

Love because you just want everything to just Hey,

40:25

I love you, I love you. Let can't everybody

40:27

get along?

40:27

Ye? Well wait a minute, you know, you

40:30

know the new families an interloper and the old

40:32

family, right, so I think

40:34

we forget sometimes, you

40:36

know how difficult it can be, and

40:39

I think it's important to remind yourself

40:42

of that. Yeah, looking I think I was

40:44

probably less empathetic than I should

40:46

have been now looking back on it. Of

40:48

course it's twenty twenty hindsight, it's easier to,

40:51

you know, talk about it.

40:52

But that would be my strong advice.

40:54

Yeah, I thank you for that, because I know

40:57

a lot of us deal with that right in the world today.

40:59

We all deal with you know how I want

41:01

how to deal with blended families and then you put all the

41:03

other things around it, who you are, you

41:06

know, and all of those things at the same time.

41:09

So yeah, thank you for that. This

41:11

word in sport always come up, and

41:15

I think we all have a hard time answering it because

41:18

we don't really know the answer for it.

41:20

But the word legacy comes up all the time, right

41:23

especially when you got kids. It's all about, you

41:25

know, your kids going to follow your footsteps? Is

41:28

this your legacy? And how

41:30

do you look at legacy? And

41:33

in that same token, does

41:35

your legacy put any pressures on your

41:38

kids? Yeah?

41:39

Definitely.

41:39

You know, I think I look at legacy two ways, in

41:42

legacy as a father and as a husband,

41:45

as a member of a family, and of course there's

41:47

legacy professionally. And I realized that

41:49

there does lines blur because

41:52

so much of what I do and what I've accomplished,

41:54

you know, bring into my personal life

41:56

and my legacy as a parent, and my legacy

41:58

as a husband, as a

42:00

as a well.

42:01

So I'll start professionally.

42:03

You know.

42:04

I was really lucky to

42:06

have been named the sixth CEO of the Walt Disney

42:09

Company in two thousand and five, a

42:11

company that was founded by Walt Disney in

42:14

nineteen twenty three, you

42:16

know, known as you know, one of the

42:18

greatest companies in the world. And I've

42:20

always wanted my legacy to be Hey,

42:23

you were given responsibility

42:25

to lead this great company. Make

42:29

sure that you don't screw

42:31

it up. Make sure you leave it in even

42:33

better hands or in even better

42:35

shape rather for the people that follow you. It's

42:38

very important to me. Even now coming back,

42:40

I realized I'm putting my legacy on the line a little

42:42

bit because I left in

42:44

pretty you know, with the company was

42:46

in really good shape, and I

42:49

don't want to do anything that diminishes

42:51

that legacy. So the pressure is on

42:54

really for me to do the same again and

42:57

again.

42:57

I just want to.

42:58

Leave this company as

43:01

one of the most admired companies in the world,

43:03

you know, known for the equality and the integrity

43:05

of the people in the product,

43:08

the people who work for us in the product that we make

43:11

very important to me in terms of my legacy

43:14

as a father and as a as a husband.

43:17

You know, I very much would like my

43:20

family to appreciate my

43:22

accomplishments, but

43:24

more importantly, to appreciate the fact that I

43:26

did that but still brought

43:29

a lot of love to the people who

43:32

matter the most to me, you know,

43:34

my wife and my kids, that

43:36

I was there for them, that I

43:38

cared about them, that I

43:40

set a good example, that

43:43

I set high standards and lived up to

43:45

them myself.

43:46

Yeah, that's

43:49

that's the biggest thing, right there, living up to me yourself.

43:53

You said that. It just made me pause, But

43:56

that is the biggest thing, not just about talking

43:58

about it. Yeah, about living up to as

44:01

well. It's easy to tell some give

44:03

someone else advice, it's harder to follow

44:05

that that advice yourself.

44:07

Yeah, that's true, even you know at

44:09

Disney. I you know, I try to

44:12

to walk the talk talk about

44:15

integrity, and I'm lending

44:17

this pursuit of perfection and what

44:19

I demanded the people who work for me.

44:21

Well, I gotta I gotta do the

44:23

same myself. But one of the toughest

44:25

things I think that we all have that

44:29

we all deal with and we all have maybe issues

44:31

with, is self accountability. How

44:35

how do you deal with how do

44:37

you deal with self accountability? Are you do

44:39

you look in the mirror and you are honest

44:42

with yourself or do you look away from the mirror

44:44

sometimes when you don't want to be honest with yourself.

44:47

Well, it's interesting you bring that up. And we talked about

44:49

my father briefly. But I remember when

44:52

I graduated in elementary

44:54

school at sixth grade and we had yearbooks

44:56

and my father wrote in my yearbook a

44:58

quote from Shakespeare which

45:01

was to thine own self be true,

45:04

And it stuck with me and

45:06

people ask me over the years, you

45:08

know, what do you what tenant

45:10

or what what do you live by?

45:12

What's your north star? To thine own self be true?

45:14

Be true to who who you are, and

45:16

that means be true to the words that you

45:19

you speak, to be true to what you demand of others,

45:21

meaning you know, and be true to yourself.

45:24

Don't fool If you start fooling

45:26

yourself, you're fooling everybody. So

45:29

I have very high standards for myself and

45:32

sometimes I disappoint myself a little bit,

45:34

but I try really hard to live up to the standards

45:37

that I have for myself, and

45:39

I don't beat myself up over shortfalls

45:41

as much as I just I use them as lessons

45:44

to basically even get better, And even

45:46

to this day, I try to do that.

45:48

You said something and I wrote it down. I want

45:50

to I want to get your.

45:52

I love this. By the way you

45:55

said, the way.

45:57

You do anything is the way you do

45:59

everything? Is that kind of similar

46:01

to what you were just saying right there?

46:02

Absolutely? Yeah, I absolutely, I think

46:05

you know. The standard that you said, if

46:07

it's high integrity for instance, has

46:10

to be applied to everything you do everything.

46:15

Inconsistency, particularly when

46:17

it comes to Marls ethics,

46:19

is unacceptable. If

46:22

you do something that there's a lapse, suggests

46:24

a lapse of integrity, then theoretically everything's

46:27

on the table, everything could be.

46:29

So that's important to me.

46:34

How do you handle You and I both

46:36

have something in common, right, And I guess

46:38

it's were public figures, right,

46:40

whether you want it to be or I wanted to be or

46:42

not. I signed up to play basketball and then

46:44

sign up to have people talk about a

46:47

lot of things they talk about. But

46:49

now we live in a world where some people actually

46:51

go find the information with people talking about

46:54

them. You can actually go look at comments and you can find people

46:56

talking about you, which is I don't do

46:58

those things. But how do you handle

47:00

band a public figure.

47:06

I try not to let

47:10

what how other people are

47:12

judging me and just change

47:14

how I behave So,

47:17

first of all, I guess in terms

47:19

of the public side of it, you know, you can read a

47:21

lot about yourself. A

47:23

lot of it isn't even accurate. I

47:25

try really hard not to read about myself.

47:28

It's interesting often people here saying, hey.

47:30

You read that about such a such.

47:32

No, I didn't.

47:33

I don't lead every day or

47:35

I don't I don't spend time.

47:37

Every day reading about myself.

47:39

I don't look at comments on Twitter

47:41

or X the X platform, and I

47:43

just it's just I don't find that healthy and

47:45

I don't learn anything about myself at

47:48

all.

47:50

I look, it comes.

47:51

With the territory that if you're in a you know, if

47:53

you're stepping onto a basketball court as a professional

47:55

basketball player, or if you're the CEO of the Walt

47:57

Disney Company, you're on stage on stage

48:00

and the lights are bright and and

48:03

and people are going to scrutinize almost everything

48:05

you say on or off the court, in this case,

48:07

on or off the Disney so called

48:09

Disney stage, and I take I

48:12

must say that took some getting used to. It's

48:14

just not who I am. I goes back to common

48:17

I made at the beginning. I'm you know, you're interestedly

48:19

an introvert. I don't really want

48:21

to be on stage. It's part of my job to be on stage,

48:24

but that I don't believe that's who I am,

48:28

So you deal with it, I say, I must say

48:30

I do. I'm careful

48:32

in terms of how I behave publicly. I'm

48:35

conscious of how I present myself,

48:37

whether it's you know, how I'm dressed, or you

48:40

know, or even I remember taking you

48:42

know, my boys to restaurants, and you

48:45

know, little boys don't sit at tables.

48:47

Very long, and they act up and run around.

48:49

How you discipline them in public? I

48:52

was very careful about.

48:53

Things like that. You know.

48:54

I remember every once in a while i'd raised my voice

48:56

and my wife, you know,

48:58

you're in a restaurant, don't raise your voice because

49:00

you think someone might be scrutinizing

49:03

how you're you know, basically.

49:05

I mean they will be anyway

49:08

it goes through the territory. I say,

49:10

you get used to it.

49:11

I don't know.

49:11

You never quite ever quite get used to it. The

49:14

one thing I try not to do is believe all

49:16

the stuff that's written about

49:18

me. I not let it go

49:20

to my head.

49:21

Yeah. Yeah, that's that's something

49:23

that I learned is the

49:26

planned sport is the is the high and lower the

49:28

ebb and flow of everything

49:30

of the job of the media. They love you one day,

49:32

obviously, don't love you the next. Of people

49:35

who love you one day don't love you the next, Like it's

49:37

a whole. Like if you stay, if you if you allow your

49:39

emotions to go on that roller coaster, you

49:42

can't focus on what you're trying to accomplish, in what you're

49:44

trying to do, because that's going to take all

49:46

your attention away.

49:49

And so I learned that as an athlete. It's

49:51

like, Okay, I have to I have to close

49:53

that part off, right, Like I know

49:55

my coaches, I know

49:57

Spoke I had this. He had people

50:00

all the time when you lose some games, trying to call

50:02

him, text him, tell him what he's doing wrong, What

50:04

he needs to do better. They've never been in one

50:07

war room, they've never been in one film breakdown.

50:09

They don't know none of the personalities of the team that

50:11

they're playing. But you can coach from your

50:14

from the phone and tell you you know. And I think

50:16

a lot of people are coaching from the sideline

50:18

and in the of this, this being a

50:20

public figure of our lives and their

50:22

Monday morning quarterback and telling them, oh, well

50:24

you should have done that. Well, this isn't real

50:26

time.

50:27

And yeah, I think it's important too to

50:29

not let others define you, but to

50:31

define who you are yourself.

50:35

Yeah, it's very interesting.

50:37

People say, don't read everything, don't believe everything

50:40

is written a value, and yeah, don't even

50:42

read it.

50:43

I think there's value to that. Oh

50:45

a little, a little way from the so serious.

50:48

What are you fearful of? Like, I'm

50:51

fearful of snakes, I'm fear for of birds.

50:53

What do you feel for birds? I can't birds?

50:56

Me and birds. We got a whole history I'm talking about.

50:58

It's a long history. Bob even would be all

51:00

day if I'll tell you about it.

51:02

I don't like snakes, but I'm not fearful of

51:04

them.

51:05

M I'm

51:08

not sure I have anything to make you.

51:10

No, no, no, I'm

51:12

not jumpy.

51:13

You're not jumpy when it goes

51:15

into while you're so successful.

51:18

I used to say I don't have a fear gene, but that

51:20

gets misinterpreted. I have my I have anxieties

51:22

every once in a while.

51:25

But so what gives you the most anxiety? Well,

51:29

you know, I.

51:30

Think as you grow older, you become more in

51:32

tune to just how fragile the world

51:34

is. You know, something happening to

51:36

my wife or my kids. I can get anxious

51:39

about that sometimes, you know,

51:41

you just think about you know, you could fade

51:44

and stepping off the street corner the

51:46

wrong moment and getting hit by a car.

51:48

And I'm the

51:51

fragility of the world, particularly

51:54

as it relates to my family. Would be

51:56

it or

51:59

snakes?

52:00

Birds? A snake that's me now, I mean I have that

52:02

same that's that would be my

52:04

my biggest one. But any

52:06

particular bird. You know,

52:08

I really don't like pigeons. I

52:11

really don't like.

52:11

There's a lot of them too.

52:13

I don't like when they get close to me. I don't like when it be underneath

52:15

the table. You have a looked

52:17

at a pigeon a

52:20

lot.

52:20

So I'm the president of New York.

52:22

I never understood, by the way, you never see baby pigeons.

52:25

Right, you just see big, grown, a dope pigeons and a lot

52:27

of Yeah,

52:30

I do not like pigeons.

52:34

Regrets. Do

52:36

you do you look at things that's having regrets or

52:38

do you take it as you know what, this is a lesson for me,

52:40

or do you have it?

52:42

Well, we touched upon one. You know, I regret

52:44

that I wasn't there for my for my

52:47

daughter daughters. That's the pictures I could have been,

52:49

should have been, That would be it. I

52:52

mean, every once in a while I regret not having

52:54

spent more time to

52:57

myself and you know, the old smell

52:59

in the roses. But now given the fact that I

53:01

retired and I, by the way, I

53:03

stayed busy, but I really but not as

53:05

busy, and I really enjoyed

53:08

it. And I one of the

53:10

things that I enjoyed is I finally felt I had

53:12

time, that I wasn't rushing

53:15

to everything all the time, even though I still

53:17

had that I got to do something as fast

53:19

as I possibly can. I

53:22

guess I regret a little bit that I.

53:24

Haven't taken more time too

53:28

for myself.

53:29

But would you do it different even

53:31

though you regret it? Would you?

53:33

You can't anyway, So I don't spend

53:35

much time basically on

53:38

that because you can't do it again. And

53:41

here I am, you know, back at work, back

53:44

at the grind, working really hard, as

53:46

hard as I've ever worked. I

53:48

don't even regret that in the seventies,

53:50

as hard as my seventies. You've have ever

53:52

worked in your seventies? Yeah, yeah,

53:54

I only I've ever worked harder includes

53:56

growing up in my twenties and

53:59

my prior to tenure as CEO.

54:01

So you think as you get older, you think, you know what, at

54:03

some point it's gonna get easier. I'm gonna be able to rad

54:06

off and into this Hawaiian beach

54:09

life. Right, you think one day and you're telling

54:11

me as you sitting here, you're working hard on your seven.

54:13

Yeah, it's interesting

54:15

way yours back, going back to the

54:18

early parts of my career, you know, the

54:20

seventies and the eighties, meaning decades.

54:23

I work for bosses who were golfers, and

54:26

then in the summer they play golf every Friday.

54:29

Wow, one day I don't play golf.

54:30

But one day, why I'm gonna when I

54:32

get to that, dude time

54:35

taking fridays off playing golf or whatever. And

54:38

then all of a sudden, I get there,

54:40

where fridays off?

54:42

Where's golf?

54:43

As that happened?

54:44

I think the world demands more of us, actually,

54:47

and uh and these days the pace of change

54:49

is so rapid and the

54:51

challenge is so great, is so much disruption

54:54

in the world that there's there's

54:56

no way you take time off and

54:58

I take vacation and

55:02

I get away. It doesn't mean that I'm

55:04

not working when I'm away, but I get away.

55:07

We're going to talk about their vacation as we get to the I

55:09

Bob, you have another question for it, because I did.

55:12

And it's mainly because I've always

55:14

wondered how when I watched TV

55:17

and I see you on TV, and

55:19

you kind of mentioned earlier that Disney is,

55:22

like you, in the business of making people happy and

55:25

that's such a great thing and being

55:27

the leader of that charge

55:29

of making people happy, but people outside

55:32

were trying to make some of the things you do political.

55:34

How do you balance that of trying to

55:37

Your job is trying to make people happy, like

55:39

that's what you want to do all around the world.

55:41

And knowing you can't satisfy everybody.

55:43

You can't satisfy people everyone, and people

55:45

try to make it what I mean, trying to make for political

55:47

gang.

55:48

How do you balance that?

55:49

Well, it's a good one, you know.

55:50

First of all, I'm not one hundred percent sure I

55:53

know what you mean, except that I do know. One

55:55

of the things I've been preaching a lot of Disney is

55:58

is.

55:58

And reminding people was to entertain.

56:01

It's and where we can entertain.

56:04

We always want to entertain responsibly, but where

56:06

we can entertain in a way that has a

56:08

positive impact in the world, that's a

56:10

good thing. But but our movies

56:12

and TV shows and theme park

56:15

attractions, everything should shouldn't.

56:16

Be designed to deliver messages. They should be designed

56:18

to entertain.

56:20

Going back, though, I love it when Disney can

56:22

tell a great entertaining story, yeah,

56:24

and have a and and have a really positive impact

56:26

in the world. One of the things I'm most proud

56:29

of in my tenure CEO

56:32

was making.

56:33

A movie black, making Black Panther.

56:35

We made a Marvel action hero

56:38

movie with virtually

56:40

an all black cast that was

56:42

over over a billion dollars in box office,

56:45

that did well in almost every country was released in

56:47

including China, and the statement

56:49

that made was phenomenal

56:51

in terms of acceptance and you

56:54

know, anybody could be a superhero.

56:56

And I loved having that kind

56:58

of impact.

56:59

Where a movie which was about

57:01

Mexican, Holly Day of the Dead with it basically

57:04

an all Mexican cast and

57:07

it did extremely well in

57:09

China for instance, and just you

57:11

know, it's a great story, touches

57:14

the heart, but in that case it

57:16

was mostly about having respect for family and elders,

57:18

particularly grandparents. It's a great positive

57:20

impact. I love that, But we didn't

57:22

set out to have a positive impact. You set out to make

57:25

a good tell a good story. Yeah,

57:27

And I have to remind all about the creators

57:30

that we deal with today is tell a great story.

57:32

That's your number and entertained by doing

57:34

your storytellers, Absolutely, that should

57:37

be our goal. If in telling

57:39

the story, you know we have

57:42

a positive influence on people in the

57:45

world.

57:45

Great, Yeah. I mean to me, what

57:47

that sounds like is also too At

57:49

the same time from the underbility

57:52

is kind of the model that I

57:54

that I live by. And there's so many different ways you can

57:57

say it is. But too much as given much as required

57:59

and I think the mentality from the public

58:02

is you're given this, so

58:04

you're required to do this and whatever

58:06

that this is is what the public

58:09

and what people you know, there are expectations

58:12

of what you're supposed to do because you've been you know,

58:14

you're sitting in this place, you're sitting in this seat, you

58:16

have this microphone, and so I

58:18

think it's on you to decide how

58:21

you use it. But I guess my question too,

58:23

that would be, is

58:25

there a difference, Bob between Bob

58:28

Iger, the CEO of Disney that has

58:30

a company to you

58:33

know, to you know, to sit

58:36

on and make sure that you know the company

58:38

has a voice, and also Bob Iger,

58:41

the person who like Is it

58:43

sometimes where your ideas kind of cross

58:45

where you may not believe in this as a person,

58:47

but as a company you have to stand on that or

58:49

is it the same?

58:51

No, I think at this point it's the same.

58:53

It's the same.

58:54

Yeah, I think I can't.

58:56

First of all, I can't do anything

58:58

as a company that I don't believe in

59:00

morally or I don't believe in as a person.

59:03

But I am very aware that Bob

59:06

Iger without the title, it's

59:08

almost the same thing. These days as Bob Iger

59:10

with the title, Like the title just unfortunately

59:13

travels deep into my personal life, meaning

59:16

meaning.

59:16

Away from Disney.

59:18

So if I say anything as a civilian,

59:20

so to speak, you.

59:21

Might as well say it as the same coming

59:23

from the same thing. I have to be careful there. Yeah.

59:26

I had to learn that by the way, you

59:29

know, taking positions politically, I

59:31

have a right as a citizen to do

59:33

that. If I say it, if

59:35

I speak it out loud, it's

59:38

then people expect or just assume

59:40

that that's I'm taking a position on behalf of this company.

59:42

So I don't know, I don't speak

59:45

out loud anymore.

59:46

Yeah, that's what I was running exactly, that that

59:48

dynamic of you know, your personal life, your personal

59:50

interests, but also the company's

59:53

view of people's the interests of the company.

59:55

And how does that does it ever come to a point

59:57

where you have to battle you versus

59:59

you?

1:00:00

Well, that goes back to you know, the way you do

1:00:02

anything is the way you do everything, or whatever

1:00:03

whatever I wrote.

1:00:05

The way you do anything is the way.

1:00:06

Way you do it.

1:00:07

Yeah, that's right. It's

1:00:10

almost the same thing.

1:00:31

Vacations. So going back

1:00:33

to the meeting that I had in your office in twenty

1:00:36

nineteen. I remember walking in

1:00:38

and I'm sitting here thinking, how am I going to extend

1:00:40

this meeting with by biker? How are we

1:00:42

going to get more than fifteen minutes? And

1:00:45

so I saw that you love

1:00:48

selling. You have sailboats, you have photos.

1:00:50

If you want a cell boat, you had like

1:00:52

a sculpture or some sort of

1:00:54

a celboat in your office. And

1:00:56

so I recognized that, and

1:00:59

that's where I conversation actually started. Because

1:01:02

once you start talking about something you enjoy and love,

1:01:04

you lose time. And so that's how

1:01:06

we got to an hour. I'm

1:01:09

leading you, but I am fascinated.

1:01:12

I am very fascinated because, as I said in the meeting,

1:01:15

I've been lucky enough to be out on the water vacation,

1:01:17

but I've never done it from you. I've only

1:01:19

done it from a yacht. I've never done it from a sailing standpoint.

1:01:23

Can you talk about why you

1:01:26

love, you know, taking your when you get your time away,

1:01:28

taking your vacation, being out there in the water on the sailboat,

1:01:31

because that is different than, you know, than

1:01:33

a yacht, or than than a regular boat. What

1:01:36

does that do for you? And is that

1:01:38

your Is that your sanctuary. Is that your that's your

1:01:40

moment to be away from everything.

1:01:42

Yes, it is.

1:01:43

First of all, I grew up near

1:01:45

the ocean. I can actually

1:01:48

smell the ocean, you know, a

1:01:51

warm summer night with the windows open.

1:01:52

We didn't have air.

1:01:53

Conditioning, and I could

1:01:55

smell the ocean in my bedroom.

1:01:57

Uh.

1:01:58

And so I think it's in me,

1:02:01

meaning I've always needed to be

1:02:03

somewho or another on the ocean, near the ocean,

1:02:05

tied to the ocean, have a view of the ocean from my house

1:02:08

here in La.

1:02:09

It's just something about it.

1:02:10

And maybe I've got salt water in

1:02:12

my bones, in my body

1:02:15

when I and I do like sailing. I've been sailing

1:02:18

for a long time, not quite

1:02:20

all my life, but a good certainly

1:02:23

majority of it. And

1:02:26

it's something about to

1:02:29

me. It's being completely in touch with nature.

1:02:32

I don't articulate it that way.

1:02:34

I'm in touch with nature, but I know when

1:02:36

I'm on my boat and feel the wind in my hair

1:02:39

and my face and I can smell that salty

1:02:41

air. I am at

1:02:43

peace. I am escaped, my

1:02:46

escape. I'm far from everything.

1:02:49

I am just in

1:02:51

I'm in a completely other zone

1:02:54

in a way, and it's really refreshing

1:02:56

and regenerating to me. And

1:02:58

so I have a sail boat. I've

1:03:01

been kind of public about that. Yeah,

1:03:03

unfortunate about that. And

1:03:06

I love to sail because you also

1:03:08

are so dependent upon forces that are

1:03:10

so much bigger than you and so totally

1:03:12

uncontrollable. Yeah, and I like that

1:03:15

challenge too. Well, the wind's not blown

1:03:17

in the right direction, it's not blowing enough, it's blowing

1:03:19

too much, there's a storm coming, all

1:03:21

of those things, and having to contend

1:03:23

with having to adjust to all that.

1:03:25

Man, love it. I love it. I

1:03:27

love that. That's what scares me about the

1:03:31

movies I've seen. I've never been on a sailboat,

1:03:33

but the movies I've seen and the thought of man,

1:03:36

I've been out on a yacht in the yacht is just rocking,

1:03:38

and I feel like we're about to fall either

1:03:40

side. And I look at a sailboat, I'm

1:03:42

like, they don't like they have as much protection as even

1:03:44

this yacht. So when a big storm coming, when

1:03:47

it's wind is gusty, you don't get

1:03:49

nervous. You don't think, oh this is

1:03:51

bad.

1:03:51

Well, we're pretty careful. I'm pretty careful.

1:03:53

I'm not I'm not a risk taker when it comes

1:03:56

to that. So these days, with all

1:03:58

the modern technology available, pretty

1:04:00

much can know. Even

1:04:02

though it was a weatherman at one point in my life, and I

1:04:04

rely on others and you stay away from

1:04:06

trouble every once in a while it's unavoidable.

1:04:10

I remember not long ago, a couple of summers

1:04:12

ago, I was in Europe

1:04:14

on my boat. Unfortunately we were anchored and

1:04:16

a huge storm blew in, blown

1:04:19

seventy miles an hour and snapped a big

1:04:21

line off the back of the boat. And I

1:04:23

wasn't worried, but I just remember that feeling

1:04:25

of being completely, completely vulnerable

1:04:28

to nature, and in a way

1:04:30

that there's something healthy about

1:04:32

that. Because I remember

1:04:34

someone saying that you don't really ever learn how to sail

1:04:36

till you can sail away from land

1:04:39

far enough to not see it and have that.

1:04:41

Sense of vulnerability.

1:04:42

I think that's a healthy thing too, to experience

1:04:45

feeling of vulnerability.

1:04:46

I agree. I mean, I've been out in the middle of the you

1:04:48

know, and I'll bring this up because this is obviously something

1:04:50

that we share, and it's been

1:04:52

out in the middle of that water, and I've been out there

1:04:55

on je Ski's and I've went so far that

1:04:57

nothing was around but just bodies

1:04:59

of water, and the first fear jumped

1:05:01

in, and then calmness.

1:05:04

Came until the pigeon flew me.

1:05:10

And it's something else that we share in which

1:05:12

you know, for me is very important. It is the moments where I

1:05:14

have big decisions to make. I

1:05:16

normally go to the beach, I normally

1:05:18

walk the shore, I normally touched the water. I

1:05:21

need to feel that energy. It's something about

1:05:23

the energy that of that water that really

1:05:25

connects me to myself and gives

1:05:27

me an opportunity to take this big decision

1:05:29

and make the right, the right choice. And I just I

1:05:31

walk along the shore to do that. I go anywhere in

1:05:34

California and I just walk along the beach morning,

1:05:37

these nights or whatever the case may be, not too

1:05:39

close at night, but you know what I mean. And

1:05:41

that's for me, Like you said, it's just something

1:05:43

about that. It just feels like life,

1:05:46

you know, it feels I can hear, I can hear all

1:05:48

the sounds I can you know, I

1:05:50

can see everything that's going on, and I'm just

1:05:53

you know, I'm not in my house. I'm not I don't have no

1:05:55

blinders on. I'm out there in the world, and

1:05:57

it's just something about that. It just feels like living to

1:05:59

me is well just connected to that

1:06:01

water.

1:06:02

And big and big decisions require

1:06:04

real clarity of thought. Yeah, And

1:06:06

the only way you can do that, I think, is to

1:06:08

block out the noise, yeah, whatever that noise

1:06:11

is, or to figure out where you can be alone

1:06:13

with your thoughts so that you can make good

1:06:15

decisions.

1:06:16

Yeah.

1:06:17

I do this the same with the same with me.

1:06:19

Well, Bob, first of all, I don't know how long I took up

1:06:21

your time today. I saw I know it was more than

1:06:23

fifteen minutes, So I appreciate you. And

1:06:26

as always, I'm going to end my podcast with this question

1:06:29

and you can answer it any way that you see fit. But

1:06:31

the name of this is the why, and you

1:06:33

know this is ain't the end for you. This

1:06:36

is it seems like you're in the meat of it at seventy

1:06:39

If anybody got if anybody is just a listener,

1:06:41

they're not watching the video. And Bob

1:06:43

is one of the he is fit. He's

1:06:46

sitting there looking great at seventy years. Yeah.

1:06:48

I'm about to go home and work out after this before my dinner

1:06:51

to night. But

1:06:53

as you sit here at seventy after

1:06:55

retirement, after all the success you've had, all

1:06:58

the success you have in your life. You know, when

1:07:01

you talk about your kids, when you talk about your wife,

1:07:04

You're sitting in a pretty good spot in the world.

1:07:07

But going forward from this moment from the seat,

1:07:10

when you get out of the seat, what's your why,

1:07:12

when you step into your office, out of this interview, when

1:07:14

you step out into the world, what's your why I'm

1:07:17

going forward in life?

1:07:18

Well, it's it's such a good question. I have

1:07:20

to ask myself, why am I

1:07:22

working this hard? You know, this laid

1:07:25

into life. What is it about me in the

1:07:27

world that drives me as

1:07:29

much as it does?

1:07:30

Why? Why is it?

1:07:32

I don't know the answer, really, I'm not sure. Maybe it's

1:07:34

what we talked about earlier, but just notion of what

1:07:36

was needed to feel fulfilled. You'd

1:07:39

think that I would have already felt that, but

1:07:41

I'm still going at it.

1:07:42

So why? Yeah? Why? Yeah?

1:07:45

It's something about it, right, Like you can win championships,

1:07:47

you can reach what people say like that's the

1:07:50

mountaintop, but it's fleeting.

1:07:52

It's for the moment. And then now I was

1:07:54

like, Okay, that's over. Now, Now what and

1:07:57

so it's that Why is that? Yeah?

1:08:00

Is that healthy or not healthy? I'm not sure? But

1:08:02

why I don't know. Well, I

1:08:05

do have.

1:08:05

One last question, Walter to why

1:08:08

I was is anything that you're excited

1:08:10

for for this? I know what Disney Plus is. You

1:08:12

know, I've heard it was something else coming out with ESPN,

1:08:14

but Disney dine

1:08:17

here.

1:08:17

I'm excited about a lot of things. The great part

1:08:19

about this job is, you know, we do so many things.

1:08:22

So you know, we got big movies coming

1:08:24

out. I'm sometimes

1:08:27

I'm anxious about them too. They're

1:08:29

not all as good as I'd like them to be.

1:08:31

Uh.

1:08:32

When they're not, I try really hard to help the team

1:08:34

make them better. So I get I'm excited

1:08:36

about a lot of that.

1:08:38

Any new platforms, any.

1:08:39

New ESPN launching, you know, we call

1:08:41

it a flagship and you know about a

1:08:43

year. The ability

1:08:46

to get ESPN and all these features direct

1:08:48

to consumer is pretty.

1:08:49

Exciting to me. Uh.

1:08:51

You know, I get excited.

1:08:52

About new theme park attractions and

1:08:55

I have a lot.

1:08:56

I got a long list, a long list.

1:09:00

I'm glad you you said that. First of all,

1:09:03

ESPN knew. I love that you

1:09:06

especially when I think about you know, more content

1:09:08

is coming, right, we think about the w n B A, now

1:09:10

we think about how about women's college basketball.

1:09:13

I mean it's here, it is here to

1:09:15

stand, it ain't going nowhere. And so Inside

1:09:18

Out too.

1:09:19

Oh, I'm very excited about that.

1:09:22

So I'm glad you brought that up.

1:09:24

You're very This is the big this is the big movie,

1:09:26

right, this is it's come out in in June.

1:09:29

You got a big one before that and get them

1:09:31

on the Planet of the Apes.

1:09:32

But okay, well, I'm it's big for

1:09:34

me because just filmed with Carmelo

1:09:36

Anthony. We just filed the how

1:09:39

I.

1:09:39

Was supposed to bring that out. Yeah,

1:09:41

I'm really funny.

1:09:43

Yeah, it's gonna be cool. So I'm

1:09:45

excited about Inside Inside Out too

1:09:47

because we're in the promo for it that's coming that

1:09:49

we'll be starting in the Eastern Conference finals pretty soon,

1:09:51

that's right. Yeah, big summer for

1:09:53

that is mellows he all right.

1:09:55

I saw he was at the Nick game the other night.

1:09:56

He's mellow. He's exactly what his name

1:09:59

says. He's doing good. So we had a good

1:10:01

we had a good day shooting. Was that yesterday?

1:10:04

Yeah? Part

1:10:07

of the podcast.

1:10:08

But I I I grew up in New York and

1:10:10

I actually have season tickets to the Knicks

1:10:12

right behind the next bench.

1:10:14

And of course he played for them for years.

1:10:16

So my boys when they were really young,

1:10:18

I'd bring him to Nick games. And they still

1:10:21

say how the announcer at Madison Square Gardens

1:10:23

is Carmelo Anthony.

1:10:27

Every announces the when to come the game. I'm glad

1:10:29

I now have a friend with has courtside

1:10:31

seats somewhere at the Knicks game. It's

1:10:33

hard to get tickets. I

1:10:36

tried to get tickets last year, but I couldn't

1:10:38

get a playoffs. They looked pretty good. They looked fun

1:10:41

to watch as long as you I

1:10:43

couldn't get tickets last year. I had to

1:10:45

go, you know, to a third party to get some tickets

1:10:48

to.

1:10:48

The They're behind the Knick

1:10:50

bench. They're not court side.

1:10:51

That's good enough.

1:10:53

My Clipper seats are court side.

1:10:54

Yeah. Well, I appreciate about

1:10:56

Hopefully we have more opportunities to talk.

1:10:59

We've we've been in multim of rooms together

1:11:01

over the years, and museums and museums

1:11:04

in LA and in New York. I

1:11:06

cannot wait to you know, the next time, the next

1:11:08

time, but I appreciate you for always being gracious

1:11:11

in those rooms and in those spaces, and you

1:11:13

know I can't wait to see what's next.

1:11:15

Thanks for your time, Thank you for your time,

1:11:17

enjoyed it.

1:11:18

Hey everybody, Bye Biger

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