Thomas Edison was once called, āthe worldās greatest investor and the worldās worst businessman.ā
A magazine editor dubbed Edison āthe most difficult husband in America.ā
No one has it all, I guess.
Edison helped push forward the light bulb, phonograph and motion picture camera. By most accounts, he was also a complex person who put his work above everything else in his life.
One story came from a friend who happened to be walking by Edisonās lab late one night. He found Edison dozing off at his desk in the lab.
āWhat time is it?ā asked Edison.
āMidnight,ā replied the friend.
āIs that so?ā replied Edison who was still waking up from his nap. āBy George. I must go home, then. I was married today.ā
The guy was in the lab on his wedding night.
Hereās another story fromĀ The Wizard of Menlo ParkĀ that explains how difficult it was for his wife to get him to leave the laboratory:
A man who did odd jobs around the Menlo Park lab, for example, tells a story of how Mrs. Edison managed to get Mr. Edison home, where she ādolled him up in a fifty-dollar suit.ā Edison stayed put for a short while ālooking pretty,ā then fled for the lab. In the tale, Edison was found at the lab two weeks later, still wearing the same suit, having not been home the whole week.
Edison probably didnāt need to work as hard as he did to achieve his goals. But his personality was such that cutting back on his work simply wasnāt an option. The traits that helped him excel as an inventor also made him a terrible husband.
When I was younger these kinds of stories about people who worked around the clock to create something magical were inspirational. Now that Iām older and my priorities have changed I find these stories sad.
I respect the accomplishments and innovations, but I donāt envy the person anymore.
Donāt get me wrong, I enjoy working. Striving to get better and work on interesting or challenging projects is important to me. But spending your entire life focused on work seems like a waste.
Maybe itās a personality thing (I am not a type A at all) or just the stage of life Iām at with young children. I canāt imagine making work my sole priority in life.
Patrick OāShaughnessy had Michael Ovitz on Invest Like the Best recently. Ovitz is the founder of CAA, the most dominant talent agency ever created in the entertainment business. Ovitz talked about what it takes to be a good founder:
I donāt know a founder that Iāve worked with anywhere that isnāt driven like the snow. And if you canāt keep that pace up for 20 years, and I mean that, thereās no business Iāve ever seen that can get up and running in under seven to 10 years. I donāt know why itās that number. But if you look around and start seeing when did businesses hit critical mass, itās seven to 10 years.
And if you donāt have the energy and the desire and that burning sensation in your gut and the fear of failing and a desire to make it for the right reasons, and it canāt just be financial, by the way. You got to want to do something with your gains thatās socially important. Thatās a very important item for me, donāt do it, donāt do it, donāt do it. Iāve been blessed with meeting really great founders and working with some of the brightest young people in our country.
I think that if you donāt want to put the time and effort in and you donāt have a belief ā if you donāt believe in your idea, donāt start a business. And if you canāt do momentum, I did 250 calls a day.
Ortiz talked about working 7 days a week, day and night, for 20 years straight to build his business.
This was a theme in Ovitzās biography Who is Michael Ovitz? as well. I went back to my Kindle notes1 from the book and this passage stood out to me on review:
In 1979, when I was thirty-three, Ted Ashley at Warner Bros. took me aside and said, āIām going to give you some great advice.ā He grinned ruefully. āAnd, knowing you, youāre not going to take it. But here it is: I could have worked ten percent less, and it wouldnāt have made a difference in my professional success. But I would have been a lot happier.ā
Ted was absolutely right on both countsāit was great advice, and I didnāt take it. I see now that I could have worked as much as 20 percent less, and it wouldnāt have cost me. If Iād worked even 10 percent less, across thirty years, thatās three whole extra years of life Iād have enjoyed.
The problem for type-A personality people is they probably canāt dial it back because their hard-charging nature is what got them where they are in the first place.
In his book, Ovitz shared a passage from his friend and former client, the late Michael Crichton:
If you want to be happy, forget yourself. Forget all of itāhow you look, how you feel, how your career is going. Just drop the whole subject of youā¦People dedicated to something other than themselvesāhelping family and friends, or a political cause, or others less fortunate than theyāare the happiest people in the world.
Thatās great advice.
Unfortunately, Ovitz told Patrick that Crichton had trouble taking his own advice:
Itās a very, very difficult thing to address, and Iāll tell you why. Michael said that as advice to other people. The one thing about Michael is he was often in his own head and didnāt take his own advice.
Itās easy to be envious of uber-successful people but itās important to remember no one has it all figured out.
Like most things in life, success is often in the eye of the beholder.
Luckily, there are many different definitions when it comes to finding success. You just have to find the one that suits your personality and circumstances.
Further Reading:
Everyone Struggles
1This is one of the reasons I love reading on my Kindle Paperwhite. You can view every passage you highlighted in the past when you invariably forget most of the books youāve read like I do.
