• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

New York City women are making up to $30,000 per month by renting out their closets to strangers

2

College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind

3

An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948

1

New York City women are making up to $30,000 per month by renting out their closets to strangers

2

College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind

3

An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
Features40 Under 40

40 Under 40: The best advice I ever got, 2014 edition

By
Michael Casey
Michael Casey
Down Arrow Button Icon
By
Michael Casey
Michael Casey
Down Arrow Button Icon
October 9, 2014, 8:00 AM ET
Josh Tetric photographed with his dog in Bernal Heights, SF, CA
Alix Colow. Photo shoot by Robyn TwomeyPHOTOGRAPH BY ROBYN TWOMEY FOR FORTUNE
Add Fortune on Google for similar content.

Each year, once we select the young business stars that will make 40 Under 40 list, we get personal.

We interview listers about their jobs, about the future plans of their company—whether it’s a startup they created or a big Fortune 500 firm they’ve joined—and their career path. One of the questions we always ask is if they can recall the best advice they ever got. Often it’s from a parent. Sometimes it’s from a business mentor. And occasionally it came from somewhere completely surprising. Here are some of the best answers from this year’s crop.

Josh Tetrick, Founder, and CEO Hampton Creek (no. 22)

An entrepreneur once told me if you want to solve big problems you have to sweep away conventions out of your head. You’ve got to think in terms of first principles. What would it look like if we started over? That’s been really powerful for us as a company.

Peter Wallace, Senior Managing Director, Blackstone (no. 17)

My father used to tell me “the harder you work, the luckier you get.” Obviously that's not to say that good fortune hasn’t played a substantial role in my successes, but he urged me to create my luck through hard work.

Alexa von Tobel, Founder and CEO, Learnvest (no. 37)

Always underspend on your home—keeping your housing costs in check can help make you feel like you have much more room throughout your budget. 



Tristan Walker, Founder and CEO, Walker & Co. (no. 35)

Tyler Perry told me that once we realize that hardships and blessings are the same thing, it frees us as entrepreneurs. The trials we go through aren’t without lessons. These lessons are what we come back to when we need to make hard decisions.

Anthony Watson, CIO, Nike (no. 19)

Take risks, be disruptive and don't look back. A very influential mentor gave me the room to do just that early in my career and it has become a major factor in my success.

Liv Garfield, CEO, Severn Trent (no. 18)

Choose your other half carefully – they need to make you laugh and support you in all endeavors.

Kevin Chou, Co-founder and CEO, Kabam (no. 25)

Seek and listen to advice from a very small group of people, otherwise it’s distracting and leads to being pulled into too many directions. To select this small group, I use the three R’s test—Resume, Reputation, Rapport.

Robert Reffkin, Founder and CEO, Urban Compass (no. 29)

It was Vernon Jordan, telling me why I should apply to be a White House Fellow. “All young professionals in the private sector should get exposure to the public sector because the skills you develop and the relationships you build will be transferrable to either sector you ultimately choose and will make you more effective."

Gary Vaynerchuk, Co-founder and CEO, VaynerMedia (no. 40)

My dad spit in his palm, shook my hand, and said, “your word is bond.”

Tang Yan, Founder and CEO, Momo (no. 24)

Momo CEO Tang Yan, pictured, plans to take his company private and relist it in China.

Seek truth through facts. For example, I needed to fire somebody. But I wanted to reduce harm that person received. I wanted to explain why I was firing him. Better to be more direct.

Julie Smolyansky, CEO and President, Lifeway Foods (no. 22)

Dr. Nancy Snyderman [NBC chief medical correspondent] told me sleep trumps everything. I started giving myself permission to sleep more. It’s made a big difference in my feelings of wellness. I spent years getting by on 2-4 hours a day and that blows me away now. I must be getting older. I aim for 7 now.

About the Author
By Michael Casey
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Features

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Features

A Gen Xer sold his company for $1.6 billion. He kept less than $100 million and gave the rest away because he doesn’t ‘believe in billionaires’
SuccessHow I made my first million
A Gen Xer sold his company for $1.6 billion. He kept less than $100 million and gave the rest away because he doesn’t ‘believe in billionaires’
By Orianna Rosa RoyleJuly 26, 2026
1 day ago
The American Dream according to Bill Ackman
MagazineBill Ackman
The American Dream according to Bill Ackman
By Jeff John RobertsJuly 20, 2026
7 days ago
Photo: Asha Sharma
Big TechMicrosoft
Exclusive: Xbox’s CEO on 3,200 layoffs, four studios cut, and her blunt warning that ‘we spread ourselves too thin’
By Sebastian HerreraJuly 6, 2026
21 days ago
David Senra poses in a black shirt in front of bookshelves
Startups & VentureMedia
How David Senra built the podcast the world’s most powerful CEOs can’t stop listening to
By Lily Mae LazarusJuly 5, 2026
23 days ago
Nike’s self-inflicted wounds are risking CEO Elliott Hill’s nascent comeback
RetailNike
Nike’s self-inflicted wounds are risking CEO Elliott Hill’s nascent comeback
By Phil WahbaJuly 4, 2026
24 days ago
Inside the mind of Kevin Warsh: As told by his former boss Condoleezza Rice, his college friend, and his closest partner during the financial crisis
MagazineKevin Warsh
Inside the mind of Kevin Warsh: As told by his former boss Condoleezza Rice, his college friend, and his closest partner during the financial crisis
By Eleanor PringleJuly 3, 2026
25 days ago

Most Popular

New York City women are making up to $30,000 per month by renting out their closets to strangers
Retail
New York City women are making up to $30,000 per month by renting out their closets to strangers
By Sarah GlodekJuly 27, 2026
17 hours ago
College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind
Economy
College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind
By Mia OsmonbekovJuly 26, 2026
2 days ago
An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
Success
An 11-year-old is cleaning his neighbors' trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
By Orianna Rosa RoyleJuly 25, 2026
3 days ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
3 days ago
I've been teaching college students for decades. Most of them can no longer finish a book
Commentary
I've been teaching college students for decades. Most of them can no longer finish a book
By Austin SaratJuly 26, 2026
2 days ago
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
8 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.