David Novak - Former CEO of Yum! Brands, Podcaster & Best-Selling Author | How Leaders Lead

➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory ➡️ Join 321,000 people who read my free weekly newsletter: https://newsletter.scottdclary.com ➡️ About The GuestDavid Novak is the Co-Founder, retired Chairman, and CEO of Yum! Brands, the world’s largest restaurant company with over 45,000 locations in more than 135 countries. Under his leadership, Yum! Brands grew from $4 billion to over $32 billion in revenue. After retiring in 2016, Novak founded David Novak Leadership, focusing on modern team leadership through online courses, books, and workshops. He also hosts the business podcast "How Leaders Lead with David Novak." Novak’s initiatives, including the Lift-a-Life Foundation, Lead4Change, Global Game Changers, and the Novak Leadership Institute at the University of Missouri, aim to develop leaders at every stage of life.A renowned expert on leadership and recognition culture, Novak is a bestselling author of several acclaimed books, including "Taking People With You," "O GREAT ONE!" and "Take Charge of You." His achievements have earned him numerous accolades, such as the “2012 CEO of the Year” by Chief Executive magazine, recognition as one of the world’s “30 Best CEOs” by Barron’s, and inclusion in the “100 Best-Performing CEOs in the World” by Harvard Business Review. He has also received the Horatio Alger Award for philanthropy and higher education and the 2012 United Nations World Food Program Leadership Award for Yum! Brands' World Hunger Relief. ➡️ Show Linkshttps://www.instagram.com/davidnovak/https://x.com/DavidNovakOGO/https://www.linkedin.com/in/david-novak-ogo/ ➡️ Podcast SponsorsHubspot - https://hubspot.com/  Imperfect Action Podcast - https://stephtaylor.co/imperfect-action-podcast/  NetSuite — https://netsuite.com/scottclary/DeleteMe - https://joindeleteme.com/success (Code: success)BELAY - https://belaysolutions.com1Password - https://1password.com/claryIndeed - https://indeed.com/claryHeaven Hill - https://heavenhilldistillery.com/hh-bottled-in-bond.phpEufy - https://eufyofficial.com/videolockPolicygenius - https://www.policygenius.comNeurohacker - https://neurohacker.com/successpod (Code: successpod) ➡️ Talking Points00:00 - Introduction02:41 - Myths About Learning07:00 - Marketing Insights11:02 - Solving Hospitality Needs15:42 - Childhood's Impact on Leadership 18:24 - Learning to Love Your Work23:24 - An Entrepreneur's Timing29:17 - Learn from Experts36:26 - Sponsor: Imperfect Action Podcast37:11 - CEO's Market-Making Role38:13 - Curiosity in Leadership42:42 - Effective Learning by Doing50:16 - Keys to Success Beyond Money53:53 - Aligning with a Big Mission1:03:58 -  Key Lesson from Novak1:06:08 - Focusing on Failures1:06:55 - Connect with David Novak1:08:52 - Advice for Younger Self1:09:19 - Defining Success