" You have to give people more than one chance. We hire people in job A, and if it doesn’t work out, we try them on job B. We’ll generally give them three different tries. You have to be more committed to training, but you know they have the right stuff because someone you think highly of has recommended them. "
- Howard Lutnick

In its simplest interpretation, this statement underscores the importance of providing individuals with multiple opportunities to prove their capabilities within an organization. Instead of making a single judgment about someone's potential based on one role or position, it suggests giving them several chances across different jobs to see where their talents lie and how they can best contribute.

The deeper meaning of this quote emphasizes patience and commitment in the development of employees. By offering more than one chance for an individual to find their fit within a company, organizations foster a culture of growth and learning rather than quick rejection or dismissal. This approach also highlights the value placed on recommendations from trusted colleagues who can vouch for someone's potential and character traits that may not be immediately apparent in a single role. It encourages leaders to invest time and resources into training and development, recognizing that people’s skills and abilities might evolve over different roles and challenges.

Howard Lutnick is the founder of Cantor Fitzgerald, a financial services firm known for its resilience after the tragic events of September 11, 2001, when many employees tragically lost their lives. A respected figure in finance and business leadership, his insights on hiring and employee development reflect his commitment to building a strong, adaptable workforce that values growth and second chances.