How Michael Ovitz and Steve Schwarzman From BlackStone Find 10s

Want to grow your B2B business? Start with your inbox. Spacebar Studios builds B2B newsletters that drive pipeline, build authority, and generate real revenue.- 115k+ subs in compliance- 7-figure ARR from emailFirst 6 founders get theirs built freeReserve your slot here: https://www.spacebarstudios.co/inquireRunning a business can feel like you're doing it all alone—but you don’t have to.Scalepath connects you with a private network of over 2,000 experienced operators, and CEO Rand Larsen will personally intro you to 3 like-minded business owners in your area.It’s part mastermind, part growth engine, part therapy.Book your free intro call at: https://www.joinscalepath.com/What if your next CEO hire could 10x—or destroy—your portfolio company?Michael Ovitz, legendary founder of CAA, built a $100M+ firm by spotting raw, misfit talent and turning it into power. In this solo episode, we break down the exact frameworks Ovitz used—and how HoldCo builders and investors can apply them to identify elite operators, structure trust systems, and build institutions that last.If you're hiring leaders, backing talent, or scaling a portfolio of companies—this is a playbook you can't afford to skip.Timestamps:00:00:00 - Why Michael Ovitz Matters00:05:07 - Big lessons when hiring a CEO for your portfolio company00:05:25 - Sponsor: Scalepath00:06:40 - Don’t overindex presentation and don’t judge by how equipped someone looks today00:07:59 - Meet hundreds and thousands to train your eye00:10:36 - Institutional momentum is more important than individual brilliance00:16:32 - Sponsor: Spacebar Studios00:17:59 - The top 0.01% of people I back just never stop00:20:11 - Reward those who create a movement00:22:28 - Decentralized decision-making00:27:12 - Ego is the enemy of multiples00:29:28 - Be brutally honest but relationship-driven00:33:07 - Time is the ultimate enemy00:36:14 - How to build time discipline in your investment firm or HoldCo00:40:44 - Add these three questions to your DD00:41:22 - How to win when you play the long game with people----------------------------------------------Follow Mikk/PrivatEquityGuy on Twitter: ⁠⁠https://x.com/PrivatEquityGuyThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.