I recently had the unique pleasure of interviewing Red McCombs. If the name sounds familiar, it should. He is the founder of the Red McCombs Automotive Group (6th largest auto conglomerate in the US), a co-founder of Clear Channel Communications, a former owner of the San Antonio Spurs, Denver Nuggets, and the Minnesota Vikings, and the namesake of the McCombs School of Business at the University of Texas at Austin (through a donation of $50 Million). Still not ringing a bell? He was also named one of Forbes magazine’s top 400 richest Americans in 2005.
A very down-to-earth and humble Texan, Mr. McCombs shared an hour with me in an effort to consolidate decades of experience into some simple career advice that we can all benefit from. Much of the discussion centered on a few key factors that he attributes to his great success. The first of which is related to Career Vision. I’ve always thought that it is essential to have a good idea of where you want to go in your career. If it’s mapped, getting there should be considerably easier. To Mr. McCombs, it’s much more important to put your skills in motion.
Don’t visualize it, just do it. With a true entrepreneurial spirit, Mr. McCombs sought roles that he had an interest in. It wasn’t necessary to be an expert in it. He considers life and work to be learning activities. The more you do, the more you learn. The important key is to get into the action. “When something new comes along that you like, try it on,” McCombs stated. Put your spin on it and see what happens. He doesn’t believe in the ideal moment to become engaged. Waiting on it just wastes your time.
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