Les Schwab was orphaned as a teenager, then built a tire shop into a $2 billion business over five decades. He believed real success meant being a good husband and father, and mentoring employees like a second parent. Charlie Munger recommended reading Schwab's autobiography.
Les Schwab is amazing. He was like orphaned at the age of like 13 or 14 and then started a tire shop. Over the course of 50 years, it grew into a multibillion-dollar operation. Look at what he looks like. He was a hillbilly from the streets type of guy.
David Senra tweet: Charlie Munger told me to read Les Schwab's autobiography. I'm glad I did because Les says things like this: Success in life is being a good husband, a good father, and you end up being a second father to hundreds of other men and women. Last night I attended a wedding of a young man from our office, and the young man told me that that two men had influenced his life, his father and me. That's worth more than money.
He wrote his own foreword to the book, and I highlighted my two favorite sentences.
I wrote this in November and December of 1985. I did write this 100% with my 40-year-old typewriter. If you're not interested in business, this book will bore you. And if I were you, I wouldn't waste my time reading it. How great is that?