Codie SanchezFounder @ Contrarian Thinking

Billionaire Advice

9 Jun 2024 · 0 min

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0:22

Codie Sanchez talks to Jeffrey Kent, CEO of Abercrombie & Kent, who credits his billionaire success to staying in one role for 60 years. He says consistency beats the modern three-year job-hop.

Was on a plane coming back from Monaco, and I sat next to Jeffrey Kent, the CEO and founder of Abercrombie and Kent. I started to ask him questions about becoming a billionaire and how did he do it. He said simply, the secret is this time plus consistency. Jeffrey has run Abercrombie and Kent for 60 years. Most people these days switch jobs every three years. He stuck with his for 60, and that led to a billion bucks. I think there's a lesson there.

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