Codie Sanchez talks with Jeffrey Kent, CEO and founder of Abercrombie, about what it takes to build a billion-dollar business. Kent emphasizes that time is the most critical factor in achieving massive success.
Other day, I was flying home, and.
I sat next to Jeffrey Kent, the CEO and founder of Abercrombie in Kent. And he built that business up to multiple billions of dollars before selling it and created the luxury travel market, essentially.
And I was just sitting next to.
Him on the airplane, and I kind of looked at his watch, and I was like, that's a nice watch. And I sort of looked at his mannerisms, and I was like, I just have a feeling this guy is worth a lot of money. And so I started chatting with him.
I just said, you know, hi. Like, I'm Cody. I'm, you know, know, why were you in town? What were you doing in Cannes?
And he lives now in Monaco.
And what I.
Thought was so interesting is when I talked to him, I said, what do you think the secret is? Like, you're a billionaire. What is that?
How do you become that?
And he said, there's really one ingredient to success, and that ingredient is the thing that everybody has, but everybody wastes time. Time. He's like, I.
Ran my company.
For 61 years. 61 years running one company. He goes, can you imagine what the compounding looks like in 61 years focused on one thing? He goes, this generation cannot imagine.
He wouldn't give you the dream if he didn't believe you had what it takes. You have what it takes.
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