"We seldom get into trouble when we speak softly. It is only when we raise our voices that the sparks fly and tiny molehills become great mountains of contention."
Life of Faith, Integrity Revealed in 'Barefoot to Billionaire'
by Laurie Williams Sowby
Tomes spouting advice
on business and making big money are a dime a dozen, and most of us
are inspired by rags-to-riches wealth, especially when it comes from
hard work. There’s all that plus plenty of personal glimpses in
Jon M. Huntsman, Sr.’s Barefoot to Billionaire: Reflections
on a Life’s Work and Promise to Cure Cancer (Overlook
Duckworth 2014, 450 pages in hardcover, $35.00).
The hefty memoir of
Hunstman’s nearly 78 years is divided into two main parts:
establishing a fortune and giving it away. Aided by the expertise of
former Salt Lake Tribune editor James E. Shelledy, the
narrative flows smoothly, relating anecdotes, connecting time
periods, and segueing into subsequent topics.
There’s much to
glean in this engaging read of a man whose name is recognized in
far-flung places the world over. His humble beginnings, abusive
father, loss of a daughter under tragic circumstances, and personal
health crises, along with the near-bankruptcy of Huntsman Chemical,
reveal that, heck, it hasn’t been an easy life for Jon
Hunstman. But is has been a principled one.
What a person does
with his wealth is telling. “We can’t take it with us,”
he says, “but we can direct it toward helping others in
significant ways.” The relief of suffering is embedded in
Huntsman’s corporate mission statement, and Huntsman Sr. has
seen his entrepreneurial success bless many in a variety of ways.
In simplified form, his
philosophy is “make more in order to give more.” There’s
an extensive explanation of his commitment to cancer research and
finding a cure to the disease that took his mother and brother.
“The company was
a means to an end,” he writes. “It provides the
wherewithal to do something substantial for mankind in direct
proportion to the material blessings we have received.” He
encourages people of all means to get in the habit of giving without
being motivated by a tax deduction.
Huntsman, who maintains
that fairness and honesty create trust, no matter the arena, shares
experiences and insights into the roller coaster ride that made him a
millionaire at age 30 and leader of a huge chemical empire barely 20
years later.
“After teetering
on bankruptcy’s edge in 1985, I had been named one of Forbes
magazine’s wealthiest people in America by 1988,” he
writes. “It came about through old-line business savvy, a dash
of ingenuity, guts and a great team effort.” A Hunstman motto:
“No risk, no reward.”
Another, “‘No’
is just the beginning of the conversation,” characterizes many
of his eventually successful ventures. He openly and in great detail
shares his corporate strategy as well as the family’s angst
when the petrochemicals industry hit a downturn that almost forced
the corporation into bankruptcy again in the early 21st
century.
He often mentions wife
Karen and their nine children as sources of strength and support for
each other as well as for the family business and humanitarian
efforts. “Above all, I am rooted in family,” he writes,
and his affection for them is palpable.
Teamwork is one of the
themes that evolves through the book, as “no one achieves
success in a vacuum.” Huntsman is quick to credit those who
helped create success of the family business and the Huntsman Cancer
Center that is the most visible product of their charitable giving.
He tips his hat to
people of integrity and has no qualms about naming individuals and
companies he feels did not keep their word. (Another motto: “Get
mad, don’t get even.”) The negative experiences are
related without rancor, but more as unemotional recollections.
A practicing Latter-day
Saint only recently released as an area authority, he treats reports
of encounters with LDS Church leaders with the same kind of honesty,
and it’s not always flattering. (For those who are wondering,
he describes a warm friendship with President Thomas S. Monson, a
fellow fly-fisherman.)
Along with freely
shared observations of the Salt Lake city Olympics bid brouhaha, Utah
politics, and Jon Jr.’s bid for the U.S. presidency, Hunstman
offers lessons he’s learned: “There is more than money to
a life well led. If wealth is accumulated in the process, fine, but
gain it as a straight shooter. Make your handshake your bond.
Trustworthiness is a key ingredient in relationships. No exceptions.”
Barefoot to
Billionaire is far more than a rags-to-riches story. It reveals
the real life of a man who has lived it with integrity, faith,
commitment, and devotion to family, and has blessed many along the
way.
Laurie
Williams Sowby has been writing since second grade and getting paid
for it since high school. Her byline ("all three names, please")
has appeared on more than 6,000 freelance articles published in
newspapers, magazines, and online.
A
graduate of BYU and a writing instructor at Utah Valley University
for many years, she proudly claims all five children and their
spouses as college grads.
She
and husband, Steve, have served three full-time missions together,
beginning in 2005 in Chile, followed by Washington D.C. South, then
Washington D.C. North, both times as young adult Institute teachers.
They are currently serving in the New York Office of Public and
International Affairs
During
her years of missionary service, Laurie has continued to write about
significant Church events, including the rededication of the Santiago
Temple by President Hinckley and the groundbreaking for the
Philadelphia Temple by President Eyring. She also was a Church
Service Missionary, working as a news editor at Church Magazines,
between full-time missions.
Laurie
has traveled to all 50 states and at least 45 countries (so far).
While home is American Fork, Utah, Lincoln Center and the
Metropolitan Museum of Art have provided a comfortable second home.
Laurie
is currently serving a fourth full-time mission with her husband in
the New York Office of Public and International Affairs. The two
previously served with a branch presidency at the Provo Missionary
Training Center. The oldest of 18 grandchildren have been called to
serve missions in New Hampshire and Brisbane, Australia.