Schwarzman went by the philosophy that it was just as hard to achieve big goals as small ones. It was the spring of 1987 and Stephen Schwarzman, co-founder of Blackstone, was looking forward to a fruitful meeting with the endowment team of an Ivy League college. At quarter-to-three, when the then 40-year old Schwarzman, along with his business partner Pete Peterson, reached the doors of the endowment office, he was not ready for a surprise. “We had got an appointment for 3.00 on a Friday afternoon. We got there at quarter-to-three and kept knocking on the door,” Schwarzman told […]
