Founders
Episode 382 #382: Who Is Michael Ovitz? The Rise and Fall (and Rise) of the Most Powerful Man in Hollywood
Founders

Episode 382: #382: Who Is Michael Ovitz? The Rise and Fall (and Rise) of the Most Powerful Man in Hollywood

Founders

Episode 382

#382: Who Is Michael Ovitz? The Rise and Fall (and Rise) of the Most Powerful Man in Hollywood

David Senra is the host of Founders, where he studies history's greatest entrepreneurs. This is what he learned from reading Who Is Michael Ovitz? by Michael Ovitz.

At the core of Michael Ovitz's success is his relentless work ethic and commitment to mastering his craft. 50 years ago he founded Creative Artists Agency. CAA starts out as just five young guys in a run down office and eventually becomes the most powerful agency in the world. Ovitz's autobiography explains how that happened. As the Wall Street Journal wrote: When the history of Hollywood is written, few people will have played a larger role than Michael Ovitz.

This episode is what I learned from reading (for the 2nd time!) Who Is Michael Ovitz?: The Rise and Fall (and Rise) of the Most Powerful Man in Hollywood by Michael Ovitz.

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Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work.  Get access to Founders Notes here.

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#382: Who Is Michael Ovitz? The Rise and Fall (and Rise) of the Most Powerful Man in Hollywood

Introduction

I felt you could never be too paranoid. I always told our agents, "Make your clients think that they're your friends, but remember that they're not."

Yet it would be my clients who would stay loyal and my friends who would betray me. Jay Moloney, the agent that I thought of as a son and my eventual successor, would join the agency's posse of young turks who disavowed me after I left CAA. Michael Eisner, my great friend who ran Disney, would hire me as his number two, then publicly humiliate me and fire me after 14 months.

And Ron Meyer, the blood brother that I started CAA with, would leave to take a big job at Universal after I'd negotiated for us both to go, and then disparage me all over town. For 20 years, I had made it my life's work to understand people, to grasp what made them tick. I'd been certain that I was too wary to misplace my trust and too smart to be duped. So I'd like to think that these betrayals were random and flagrantly unwarranted and that I was the victim of some perverse instinct that destroys all human intimacy.

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