RE

Ric Elias

Guest Β· 1 Episode

Key ideas from Ric Elias

  • Rick Elias survived the Hudson River plane crash in seat 1D, experiencing 90 seconds of certainty he would die - "the greatest gift one can get"
  • Red Ventures operates as "an operating private equity platform with permanent capital" focused on digital businesses with culture as connective tissue
  • The company grew from $117,000 remaining in November 2000 to acquiring Bankrate for $1.4 billion through performance-based customer acquisition
  • "Well-being" combines two concepts: 'well' (how you show up internally) and 'being' (existing without needing to accomplish anything)
  • After Hurricane Maria, Red Ventures created hundreds of U.S.-salary jobs in Puerto Rico across five companies as part of the Forward 787 movement
  • Their basketball team went from never making playoffs to game seven of finals in one season through culture-first leadership
  • "Money corrupts society - after a certain amount, it doesn't affect your lifestyle but affects how people treat you and your kids"
  • Leadership requires personal leadership first: "I don't think you can be a leader in the world if you don't have control of yourself"