Jenrette’s 24 Rules for Success

Katia Porzecanski reported yesterday that legendary banker Richard Jenrette — he is the “J” in DLJ — passed away, leaving a previously unknown list of 24 rules for, life.

The full list is here, but the following are my favorites:

 

What I Learned (How to Succeed and have a Long and Happy Life)

Stay in the game. That’s often all you need to do – don’t quit. Stick around! Don’t be a quitter!

Stay informed/KEEP LEARNING!

Study — Stay Educated. Do Your Home Work!! Keep learning!

Cultivate friends of all ages – especially younger

Turn Problems into Opportunities. Very often it can be done. Problems create opportunities for change — people willing to consider change when there are problems.

Be on the side of the Angels. Wear the White Hat.

Have a fall-back position. Heir and the spare. Don’t leave all your money in one place.
Learn a foreign language.

Don’t criticize someone in front of others.

Don’t forget to praise a job well done (but don’t praise a poor job)

Keep your standards high in all you do.

 

Good advice for anyone . . .

 

 

Source:
Legendary Investment Banker Richard Jenrette Left These 24 Rules for Success.
Katia Porzecanski
Bloomberg, May 1, 2018
https://www.bloomberg.com/news/articles/2018-05-01/here-are-handwritten-rules-for-success-dlj-s-jenrette-bequeathed

 

 

 

 

What I Learned (How to Succeed and have a Long and Happy Life)

Stay in the game. That’s often all you need to do – don’t quit. Stick around! Don’t be a quitter!
Don’t burn bridges (behind you)
Remember – Life has no blessing like a good friend!
You can’t get enough of them
Don’t leave old friends behind – you may need them
Try to be nice and say “thank you” a lot!
Stay informed/KEEP LEARNING!
Study — Stay Educated. Do Your Home Work!! Keep learning!
Cultivate friends of all ages – especially younger
Run Scared — over-prepare
Be proud — no Uriah Heep for you! But not conceited. Know your own worth.
Plan ahead but be prepared to allow when opportunity presents itself.
Turn Problems into Opportunities. Very often it can be done. Problems create opportunities for change — people willing to consider change when there are problems.
Present yourself well. Clean, clean-shaven, dress “classically” to age. Beware style, trends. Look for charm. Good grammar. Don’t swear so much — it’s not cute.
But be open to change — don’t be stuck in mud. Be willing to consider what’s new but don’t blindly follow it. USE YOUR HEAD – COMMON SENSE.
Have some fun – but not all the time!
Be on the side of the Angels. Wear the White Hat.
Have a fall-back position. Heir and the spare. Don’t leave all your money in one place.
Learn a foreign language.
Travel a lot — around the world, if possible.
Don’t criticize someone in front of others.
Don’t forget to praise a job well done (but don’t praise a poor job)
I don’t like to lose — but don’t be a poor loser if you do.
It helps to have someone to love who loves you (not just sex).
Keep your standards high in all you do.
Look for the big picture but don’t forget the small details.

 

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