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The Mentor Briefing

Bob Iger's next big move

This week, we look at leaders making moves that change the rules. One is buying a basketball team. Another just secured C$300 million to keep AI from getting out of control. Their actions show that big results often come from bets others are afraid to make.

MENTOR SPOTLIGHT

Bob Iger

Disney CEO and Media Executive who transformed Disney into a $231 billion entertainment powerhouse through strategic acquisitions of Pixar, Marvel, and Lucasfilm

This week, the NBA changed its private-equity rules. The change was reportedly made to allow Bob Iger and his partners to invest their own money in a bid for the Los Angeles Lakers.

This isn't just a hobby. Iger's ownership group is telling investors they believe the Lakers could reach a $30 billion valuation within a decade. It's a massive financial bet outside of the industry he is known for.

The move is a perfect example of his philosophy. Iger believes in creating possibilities for greatness, not playing it safe. He built Disney by acquiring giants like Marvel and Lucasfilm. Now he's applying that same bold thinking to professional sports.

The lesson isn't to go buy a sports team. It's that your most valuable skills can be applied in new arenas. Your biggest opportunities might require you to step outside your job description and convince others to change the rules for you.

Ask Bob Iger in the app →

IN THE NEWS

Yoshua Bengio Yoshua Bengio is one of the godfathers of modern AI. This week, his nonprofit LawZero received up to C$300 million from Canada and Germany to make AI safer. He warned humanity is “losing control” of the technology and needs guardrails similar to nuclear arms control. For anyone working in tech, it’s a reminder that the creators of a tool are often the most worried about its misuse.

Ryan Holiday Ryan Holiday translates ancient Stoic philosophy for modern life. This week on his podcast, he released an episode titled “It’s Good That You’re Having Trouble | On Handling Haters.” He also discussed why Stoicism is having a moment right now on another episode. It shows that timeless ideas are often the best tools for dealing with very current problems, like online criticism or career anxiety.

QUICK WISDOM

"Don't be in the business of playing it safe. Be in the business of creating possibilities for greatness." — Bob Iger This quote from his book explains the thinking behind his biggest career moves, from acquiring Pixar to his current Lakers bid.
"I’m more worried about misuse of AI." — Yoshua Bengio This highlights why one of AI's creators is now focused on safety, securing huge funding to prevent harm.
"The obstacle in the path becomes the path. Never forget, within every obstacle is an opportunity to improve our condition." — Ryan Holiday This core Stoic idea from his book shows how to reframe challenges, like dealing with haters, into opportunities for growth.

FROM THE BLOG

Steve Jobs's Guide to Saying No: A Practical Way to Protect Your Focus To make big moves like Bob Iger, you have to protect your focus. Steve Jobs didn't just cut words, he cut entire product lines. Here's how to apply that same discipline to your calendar, your projects, and your attention.

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