The 40 Under 40 list is published yearly by Fortune Magazine to highlight to most successful and influential young people in business today. Now, we know no two businesses are the same, but there is that special spark that all successful business people share. What are some of the things you will need to have to make that list in the next couple years?
Ambition, determination, aspiration, eagerness, motivation, zeal, hunger; call it what you will. A business that you are not passionate about will never get off the ground. Once your heart is in it, don’t take “no” for and pursue all opportunities to further your dream.
Take Brendan Bechtel for example, The CEO of Bechtel Group revived his family’s century-old engineering and construction company by changing the company focus toward sustainability. He has navigated through collapsing commodities prices and new competition from Chinese contractors to make this plan work. In 2015, the company amassed $40 billion in sales, and is currently conducting business worldwide.
Creativity is a skill all business leaders share. You have to be able to think outside the box in order to solve problems. In order to be a part of the “40 Under 40” crowd, you have to be ready to stray from the path every once and awhile and build your own future. Change the game of the traditional business world.
Take Jeff Lawson, the founder and CEO of Twilio. He created a simpler way to add messaging or calls to websites and apps. Now with almost 31,000 customers, including Salesforce and Uber, Lawson is helping his clients build apps that communicate with everyone in the world.
When you have a dream, stick with it. Going into business for yourself or reinventing business methods takes time and patience; the road isn’t always smooth, either. In order to make your dream a reality, you need to learn how to work with constrained resources, small networks, and barriers to entry.
Thomas Saueressig has been loyal to SAP nearly his whole life. The youngest known CIO in a Fortune 500 company decided he was going to work for SAP when he was 10. 21 years later, Saueressig is now charged with implementing the company’s information strategy from within and shaping IT’s role within that strategy. Saueressig was hired on SAP as student, began as a consultant, transitioned to board assistant, and moved on to SAP’s IT organization where he rapidly moved up the ladder.
The most successful business leaders often share similar personality traits which have helped them throughout their careers. There are many different paths that these business people took. Learn how to be a game-changer in the business world and take on the challenge of The Denver MBA.