Page 113 - Leadership Lessons of the White House Fellows
P. 113

THE LESSONS

             three years later I founded Sterling Financial Group, which was named the
             number one fastest-growing Hispanic-owned business in the country and
             rose to number eight on the Inc. 500 list of the fastest-growing American
             companies. With nearly sixty offices in seven countries, we became a success,
             and so did I, because I let my passion guide me.
                 Passion is the spark that fires every winning endeavor, and many of the
             White House Fellows I interviewed named it as the driving force behind
             their successes too. For example, in Chapter 6 we learned how Michelle
             Peluso and Jeff Glueck (WHF 98–99) turned a bright idea from their
             Fellowship year into Site59, the wildly successful travel booking Web site
             that they sold to Travelocity for $43 million. Site59 sounds like an over-
             night success story, but in actuality Peluso, Glueck, and their partners con-
             quered major challenges in getting their fledgling business off the ground,
             challenges that might have overwhelmed a less passionate team. The biggest
             hardship they faced happened on September 11, 2001, when the terrorist
             attacks in New York leveled the World Trade Center’s Twin Towers, just a
             stone’s throw from the Site59 offices.
                 “That was profoundly challenging because we were cranking along in
             acquisition conversations and had money in the bank, and the world
             literally caved in—we were only two blocks off the towers,” Peluso recalled.
             “It was a horrible day. We couldn’t find an employee. We were seeing hor-
             rendous things. We had a customer stranded, we lost our office, and all of
             our technology was set up there. Then revenue completely plummeted. We
             were selling spontaneous last-minute weekend packages, and of course that
             suddenly stopped, so investors were freaking out and we had to call off the
             acquisition conversations. I’ve never been in an environment where
             revenues went from a big number to almost zero overnight. It was certainly
             the most profound professional challenge I’ve ever faced.”

             The team faced tough personal and emotional challenges too. Not only did
             Peluso and Glueck have to rebuild their business, they had to rebuild their
             team and each individual player’s faith. To begin the healing process and
             put things in perspective, the Site59 team reached out to a firehouse in their
             neighborhood and offered to cook meals every Monday night for the fire-
             fighters, a squad of first responders who had lost several of their colleagues
             when the towers collapsed. Cooking for the firefighters helped ease the
             team members into talking about what they had experienced and made

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