A life making huge profits for his companies cost far more than expected at home.
Spending years in a corner office helping turn large companies around, Scott Weiss knows how to make tough decisions and, ultimately, make money. But what he didn’t know—at least not at first—was that when you’re leading some of the world’s largest companies, it’s difficult to effectively lead your own family.
Since returning to the United States and stepping away from corporate life, Scott now uses his skillset (and the important lessons he learned as CEO) to invest in up-and-coming founders through the OCEAN Accelerator in Cincinnati, Ohio.
“There’s always a price you pay. I traveled 185 days a year. That meant I was married six months a year…because I was not home. And when I was home I was in a state of perpetual jet lag. So, you pay a huge price and your family pays a huge price. And it’s a price of emotional absence, followed by physical absence. When you are home, you are emotionally not there.
I would land at 6am on a Sunday in Hong Kong. I’d get a cab, I’d go home, we’d go to church, and by about 5pm while I’m talking to my kids sitting on the couch…I’d fall asleep sitting straight up. So you’re just not there. And that creates guilt and that creates distance.”
Scott Weiss is the former CEO of Evenflo and the current Entrepreneur in Residence and Chairman of the Board of OCEAN Accelerator, Inc. in Cincinnati, Ohio. Scott’s experience as an executive spans many well-known companies including P&G, Bristol-Myers Squibb, The Clorox Company and Fosters. He is also on the board of Inline Plastics Corp. and is the Advisory Board Chair of Cerkl.