Business Radio Powered by the Wharton School reached a milestone in July. It now plays 40 hours of original, live content every week. SiriusXM celebrated with the “Success in Business Town Hall” event. Journalist and Fox Business Network anchor Maria Bartiromo interviewed William P. Lauder, W’83; Pauline Brown, WG’95; Neil Blumenthal, WG’10; and Karl Ulrich before a live studio audience.

We highlight one of the more interesting moments when all four panelists responded to this question from the audience:

 

What’s the No. 1 way for a business leader to succeed?

 

 

William Lauder “Having really big ears and a small mouth.”

William P. Lauder, W’83, executive chairman of the Estée Lauder Companies

 

Pauline Brown

 

“I would say … some combination of stamina and resilience. Careers are not a straight line for anyone.”

Pauline Brown, WG’95, chairman of the North American arm of LVMH Moët Hennessy Louis Vuitton

 

Neil Blumenthal

“The more thoughtful that you can be in your personal life to your friends and your family, the more goodwill you develop. Building a business is not an individual activity. It’s something that’s dependent on a large number of people.”

Neil Blumenthal, WG’10, Warby Parker co-CEO and co-founder

 

Karl Ulrich“Luck is hugely important …  If we forget that often, despite our best intention, there’s an element of randomness in business, we misinterpret our success and failures.”

Karl Ulrich, Vice Dean of Innovation and CIBC Endowed Professor

 

Watch highlights from the Success in Business Town Hall in the video above.