Meyer Luskin Shares Insights on Responsible Entrepreneurship
Meyer Luskin, benefactor and namesake of the Luskin School of Public Affairs, spoke to UCLA students about leadership skills and responsible entrepreneurship at a March 3 gathering held in person and via Zoom. Luskin shared stories from a long and varied career in investment advising, oil and gas, rental cars, beauty schools and, ultimately, the recycling of food waste. Scope Industries, the company he has led for more than six decades, turns tons of bakery goods that would otherwise have gone to landfills into food for livestock. “Meyer is a businessman who invented a business, and that’s not common,” UCLA Luskin Dean Gary Segura said at the event. “Meyer had an idea, and his idea was to take something most people threw away and make it into something useful.” Luskin’s talk included stories from his own UCLA education, which was interrupted by a tour of duty during World War II, and his experiences facing anti-Semitism as a young businessman. Luskin advised students embarking on their careers to examine their motivations, acknowledge conflicts of interests and uphold the highest ethics. “You have to be retrospective about yourself,” he said. “You have to take time to think about what you’ve done and where you’re going and who you are and what you want.” He encouraged those blessed with success in business to act responsibly and generously. “The first principle is get good people, pay them well, think about them,” he said. “When you do something that’s right, it comes back and helps you. … It just works that way in a long life.”
View photos and a video from the event.
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