In the quote, Lloyd Blankfein reminisces about his first job at Yankee Stadium when he was just 13 years old. He describes selling soft drinks and other refreshments as a vendor, working on a commission basis where he received around 10 percent of each sale. The soft drinks sold for approximately 25 cents during that time, highlighting the modest earnings from his first job.
Blankfein's reflection offers insight into the humble beginnings of an accomplished professional life. This early work experience likely provided him with valuable lessons about hard work and financial responsibility. By working as a vendor at Yankee Stadium, Blankfein learned firsthand about customer service and the importance of earning money through sales commissions. Such experiences can shape one’s approach to business and leadership later in life, emphasizing the significance of starting from a grassroots level before climbing higher professional ranks.
Lloyd Blankfein is the former chairman and CEO of Goldman Sachs, one of the world's leading investment banking firms. His career trajectory from selling soft drinks at Yankee Stadium to heading such a prestigious institution underscores his journey through various roles in finance and leadership. The anecdote about his early job highlights not only the practical skills he acquired but also the character traits like perseverance and resilience that are often crucial for success in high-pressure business environments.
