The Schumacher file
Joe Schumacher
CEO
The Goddard School for Early Childhood Development
Born: Queens, New York City
Education: Psychology degree from St. Francis University, Loretto, Pa.; law degree from Widener University School of Law
First job: I was a janitor at some kind of warehouse. I don’t even remember what it was. I think I was about 14 at the time.
What is the best business lesson you’ve learned?
Transparency is the best business lesson I’ve learned. Be straight with people, and when news isn’t good, just deal with it. If you hide or avoid things, it just makes them more difficult to deal with.
What traits or skills are essential for a business leader?
Commitment and dedication. People need to understand that you are committed to the enterprise and committed to what it takes to make it work. You also need to be sensitive to people’s thoughts and ideas.
What is your definition of success?
Setting appropriate goals and then achieving them. It’s also important to have some fun along the way. We aren’t running an amusement park, but overall, your work should be something you enjoy. And, of course, profitability is an important element of success, as well.
