Latest / Success Story with Scott Clary / Lessons - From Secretary to Overstock President | Stormy Simon - Former Overstock.com President
Transcript
- 0:00In this lessons episode, explore what it truly means to bet on oneself and redefine success
- 0:05beyond money or titles. Discover how necessity and responsibility build self-trust
- 0:09encourage to take uncomfortable risks, understand why curiosity and growth matter more than
- 0:14external validation or status, and uncover how staying grounded through success requires clarity
- 0:19around freedom, purpose, and personal values.
- 0:29When did you understand that you could bet on yourself? Because that is something that I think
- 0:34is a very important point. I think that's the reason why people don't leave jobs, and people don't
- 0:40push themselves into things that are slightly uncomfortable. When did you realize that? Was it
- 0:44because you had figured everything out and you were just again repeatedly successful,
- 0:49like what was the thing that allowed you to feel comfortable jumping into that new thing that you
- 0:54didn't know? I knew I had to. After I had the kids and decided I was going to do it as a single
- 1:04parent, there was no one else to bet on. There just wasn't anyone where I could go,
- 1:14oh, I'm going to, you know, I need you to do this for me, or there just wasn't anyone to bet on.
- 1:21It was me or nobody, and it's not a sad story because I had support of my parents, but you know,
- 1:28they weren't wealthy, they were blue-collar, and so I had their support, their love, their undying,
- 1:36like they thought it was awesome. But when it came down to making it happen, that was just me,
- 1:43and I think I've always felt like that to some degree, you know, you have that feeling of,
- 1:51I don't know if the whole world does, but kind of being alone, but knowing that you're amongst
- 1:58this amazing universe, but yeah, you got to pull your own weight. That's the thing. And you can
- 2:04pull as much or as little as you want, and there's no judgment or measure of success, right? Like,
- 2:09people measure success by money, and that's a pretty shallow measure.
- 2:17What pushed you to move? What was the thing that you saw in the new job that made you say,
- 2:23I want to prove out myself there? This is like the next step.
- 2:27Um, you know, there could be a piece of, often it was, I would look at what my next step would be
- 2:37at that job. Like, I completely loved being the assistant to the president. That was my
- 2:45favorite thing because I would learn something every single day. And I think as I've got
- 2:50chronic auto-diadact, I just the knowledge and curiosity of what I don't know, like,
- 2:56and we get one life. So how much can you learn or experience in one day every day and not have too
- 3:05much on repeat? You know, it's the repeat that would scare me. So once I hit a repeat of, oh god,
- 3:14I don't want to do this today, I couldn't do it. I just couldn't. It's like, I don't want to do
- 3:21this today. That's it. And then you get up and do it again and again, and how I, I don't want to
- 3:29wake up like that. You know, many people do that their entire life. Two money. I know.
- 3:37I, you know, that's where money is money, the success, you know, the measure of success.
- 3:44You, for me, you know, and I always think it's easier. Oh, yeah, once you get a little bit of money,
- 3:49you can say all the things you're going to do to change the world and how to live. And, you know,
- 3:54I'll always identify as the welfare mom. I know what it's like to be totally afraid to have
- 3:59your light shut off with children. It's terrifying. And so many people live like that every day.
- 4:04We have to find a new measure of success that doesn't include, you know,
- 4:14just money, more money, putting yourself up against someone with a jet or, you know,
- 4:19the Kardashians or anything like that. Like, it's just life.
- 4:24You've been, you're obviously super, super grounded. And I think that's important. But I think the
- 4:29interesting thing that I want to try and eventually figure out, maybe, maybe you're cognizant of it.
- 4:35You've had extreme success. Like, you've had, you've operated at a level like far beyond what most
- 4:41people have ever operated at with the companies that you've run. How did you stay grounded through
- 4:46all this where now you have been successful. And now you still know that what's happiness and
- 4:52success for you. And it's freedom. It's living in a trailer in the middle of the desert. Like,
- 4:57that's not obviously not always where you are. But still you enjoy it. You enjoy this part of your
- 5:02life. And when people start to get success, I feel like everybody starts off a little bit grounded.
- 5:09And a little bit, I don't feel like money's everything. But then you start to get it. And then
- 5:13people change. Or maybe they don't change. Maybe just, it just brings out what was always in them.
- 5:18But how did you stay grounded as you grew through as you can, as you got more and more successful
- 5:24over your career? Well, I wouldn't say I stayed grounded the whole time. I'm more grounded now.
- 5:31You know, I walked in pretty grounded with a lot of just this spiritual way that I lead my life
- 5:37when I first came to Overstock, you know, which was the big one, right? Everything I did let up
- 5:41to these skill sets that I was able to apply at Overstock and just had amazing, you know, success in
- 5:50the ideas I had or things we executed. But the groundedness, because that was, I went through
- 6:0010 careers there, like legitimate PNLs, building a business to 100 million, doing crazy things
- 6:06like that. And then I mean, just an apartment to 100 million, we grew the business to 2 billion
- 6:12and along the way, holding so many different responsibilities, building them and taking them with
- 6:18me along the way, there were moments I wasn't grounded. Like we, there weren't these mentors
- 6:26that I could go to and be like, you know, what should I do next? The founder and CEO was very,
- 6:35was a mentor of course, but I would say he had a very aggressive, like his mentorship,
- 6:42very successful, great, but probably something, you know, when I look back now, I wouldn't adopt now,
- 6:48I wouldn't be in the cycle. But as a female and in Utah and, you know, me and the CEO and founder
- 6:57of the company were such great friends and apologetically and on a shame, shamefully is that a word?
- 7:06It is no, let's go with it. Love that word. But that is, you know, with that brings a lot of
- 7:14baggage as a woman. You know, there was a lot of accusations or rumors and it becomes a really hard
- 7:24place to know what's worth fighting and what's not. I was never a victim, but it would be crazy
- 7:33at my age to say, oh no, I just skated through everything as a female with none of that on my
- 7:41hands. Nobody ever hashtagged me, too, or of course, we all went through it. But, you know,
- 7:50there's a lot that you navigate to do that as a female. And there are people that root against
- 7:55you at least at the time. And I think that, you know, it's easier sometimes for people to say
- 8:04for a woman for some reason that maybe, you know, she must have slept with the boss. It's got
- 8:10something else to do with it. And, you know, you step out of it and look back at your life and
- 8:16all the amazing things, you know, there's not just one place that that happens. That, you know,
- 8:20as a female, when you get success and hard work works, people still want to put that on them.
- 8:27I don't get it, but they do. And as I've stepped out of the whole arena, right, where it's just like,
- 8:37the truth is it would have been way easier to sleep your weight at the top. I mean, honestly,
- 8:42what's that 15 minutes a day? I was spending 15 hours a day as a female. I mean, and these are the
- 8:50things we have to talk about because there was never a moment in my career where I was a victim.
- 8:57Because any time there was that type of situation, I got through it, not as a conqueror or
- 9:08a confrontor, but as a navigator, because it wasn't worth my time to,
- 9:13it wasn't worth my time to fight certain fights, you know, at work with something like
- 9:24overstocks, especially, there was so much greatness to be done, so many things that were exciting
- 9:31and every turn that anything that was not about that company and the functions of it to me was a
- 9:38distraction. And so my focus, I don't remember what your question was.
- 9:43No, well, I didn't even go into this. I think you just took it into a direction that I probably
- 9:48would have asked you about, but you're a great storyteller, so I don't need to ask all the questions,
- 9:52because I think that the whole point of what I want to pull out, I want to pull out obviously,
- 9:58like, you've done incredible things at overstock. And if like the numbers, it was like from like 20
- 10:02million to 2 billion or something incredible, but I think the actual, the actual things that you've
- 10:08done, you've, I know that you increased the female seats or women that were at the executive
- 10:16table to 33%. Like, there was a lot of, and even when we first started speaking, I was saying,
- 10:20oh, there's so much talent of Utah, and you're like, oh, interesting, like, have you spoken to
- 10:24women out of, you know, other women business leaders? And yes, a lot, because I think that you did
- 10:30things at overstock based on, unfortunately, probably your own negative experience that allowed
- 10:36you to understand that like stuff has to be done with how we empower women in the workplace,
- 10:40how we help them support them in the workplace, and how we get them into, get them to where they
- 10:46should be without all the other shit that you dealt with. And I think that you probably experienced
- 10:52that because overstock was like pretty, I'm pretty sure that's pretty me too, that's pretty all
- 10:56of this, right? That's pretty much everything. I left overstock in July of, well, I left like
- 11:03officially, right? I was there a long time. It was a big position. You got to sign papers,
- 11:07but I left officially September 30. But when I literally, you know, quit, quit, that's such a harsh
- 11:15word, but quit resigned, I guess is something. You resigned. You, you were like, I'm leaving now.
- 11:22Yes, and by the time that was July, I'm thinking of the official day, sometime in July, I know it
- 11:28was right before my birthday, and then I was on the board another three months, right after that,
- 11:35like within weeks, the whole Fox story on me too broke out and I thought, how brave,
- 11:44how brave of her, how brave, very immensely brave. And that was just a moment for me.
- 12:01It was a moment and there was a wave happening. The only way I can describe it because I,
- 12:10you know, when I left overstock, it was for many reasons we talked about them whenever I woke up and
- 12:15went, I have to go do this. I'm not doing that in my life. I don't want to wake up and ever be like,
- 12:21oh, I got to do this today. I want to wake up and be like, do in the day, no matter what it takes
- 12:27to get to where I'm doing the day, that's the path I want. And so when I left, you know, I wasn't thinking,
- 12:36well, nobody was thinking, hashtag me too. But when you're allowed to tell your story,
- 12:43when you're allowed, when you feel like it's empowerment and not a weapon and not a grudge and not
- 12:50anything, but just your story, that's the movement we need to get to. That's the movement. And,
- 12:57you know, we were talking about mentors and throughout my leadership, I have some horrific stories.
- 13:04I acted horrible at times. You know, there's articles about leaders becoming
- 13:11sociopaths or psychopaths. A good executive or something is sociopathic, I can't remember which one,
- 13:18but I read the article and I thought, yes, it makes it, there are some emotions you simply have
- 13:24to turn off. You have to because you're not, you know, managing people, your responsibilities are,
- 13:32you know, columns on a cell sheet and all the people equaling a column. So I had to do horrific
- 13:41things in my time that I would never don't, I don't even feel like fit me as a human or a spirit.
- 13:49But I did, I'm, I did them well and I was able to execute and succeed, but you don't see it when
- 13:59you're in it, you see it when you're out of it. Thanks for tuning in. If you found this valuable,
- 14:03don't forget to hit that subscribe button so you never miss an episode. And if you want to dive
- 14:07deeper into this conversation, check out the links in the description to watch the full episode.
- 14:12See you in the next one.