Michael Ovitz - Turning Potential Into Prominence

Michael Ovitz discusses talent identification, institution building, and the importance of momentum. He shares insights from his experiences with MoMA, reflecting on recruiting Glenn Lowry, who lacked a contemporary art background but possessed intelligence and a desire to learn, as its director. Ovitz emphasizes the necessity of a founder's mentality and leading by example, as demonstrated by Lowry. He recounts working with Roy Lichtenstein and notes the artist's Zen-like approach to his craft. Ovitz also details his involvement with Gulfstream, recruiting a board of super salesmen. He underscores the significance of time, relationships, and a visceral connection when evaluating talent, as well as the importance of building a reference class through constant engagement and observation.