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“We’ve gotten so used to every generation doing better economically than their parents. Are our kids going to do better than we’ve done? I hope so, but I’m not sure. So it seems like we ought to tell them that socioeconomic wealth is not the only, or even the most important, metric of personal happiness.” This extract is from an interesting interview with Greg Brenneman in the New York Times. Greg is the Chairman of CCMP Capital, a premier private equity firm.

In this converstion with Adam Bryant, Brenneman, a graduate of the Harvard Business School and a former consultant with Bains & Co. gives his prescriptions for success . His answers cover his approaches to business strategy, managing people and achieving a more fulfilling life.

I particularly liked a quote Brenneman attributes to Mitt Romney with whom he worked in Bains: “Greg, in any interaction, you either gain share or lose share. So treat every interaction as kind of a precious moment in time.”