URGENT UPDATE: Former Coach CEO Lew Frankfort reveals five critical strategies for anyone looking to pivot their career, drawing from his transformative journey. With anecdotal evidence suggesting that individuals change careers an average of seven times, Frankfort’s insights are more relevant than ever for those contemplating a career leap.
IMMEDIATE IMPACT: In today’s fast-paced job market, knowing how to adapt and thrive is essential. Frankfort emphasizes that a single conversation can shift your career trajectory dramatically, highlighting the power of networking and resilience in the face of rejection.
In a candid reflection, Frankfort recalls being passed over for a promotion in New York City. Mayor Ed Koch told him he was “too principled” for the role, a moment that fueled his determination to seek more meaningful work. “I wanted a job that would challenge me,” Frankfort stated, leading him to explore opportunities outside the government.
One pivotal moment occurred during a cab ride with a colleague who suggested he connect with a friend running a small bag business. “That’s how I met Coach’s founder Miles Cahn,” Frankfort shared. This serendipitous meeting led to a series of interviews and ultimately his hiring as Vice President of Marketing and Special Projects. Frankfort later learned he was the only candidate—a fact that underscores the unpredictability of career paths.
Throughout his tenure at Coach, beginning in 1981, Frankfort demonstrated a relentless work ethic. He once installed an air conditioning system in the factory and launched the brand’s first mail-order business. His innovative spirit contributed to Coach’s explosive growth from $6 million to $5 billion during his 29 years as CEO, a testament to the importance of doing whatever it takes to succeed.
Frankfort urges aspiring professionals to embrace continuous learning, regardless of age. “Be a constant, curious learner,” he advises. “Never assume you have all the answers.” This mindset fosters resilience and adaptability in an ever-evolving job landscape.
Importantly, Frankfort encourages individuals to lean into their previous skills rather than abandon them. He reflects on how his years in government provided him with valuable skills applicable to the business world. “We can never please all the people all of the time,” he cautioned, sharing wisdom that translates across various sectors.
WHAT’S NEXT: As the job market continues to evolve, professionals are encouraged to take these lessons to heart. Whether you are currently job hunting or contemplating a career change, the urgency to adapt and grow has never been clearer.
Frankfort’s insights serve as a crucial reminder that career pivots are not just possible but can lead to extraordinary success. Sharing this knowledge can prompt discussions and inspire others to take the leap into new opportunities.
