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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