Friday, Aug. 22, 2014

Vivint CEO: 'At the end of the day, family is what really matters.'

Recommended by JJ Feinauer, Deseret News

Published: Sun, Feb. 9 9:34 p.m. MST

 Todd Pedersen is the CEO and co-founder of Vivint Inc.

Todd Pedersen is the CEO and co-founder of Vivint Inc.

(Weston Colton)

What does Vivint co-founder and CEO Todd Pedersen think is the most important characteristic of a leader?

“For me, I think it’s understanding the needs of the employee base.” Pedersen told Fortune’s Chanelle Bessette. “You can't do anything without great people surrounding you and having them be motivated to set out and accomplish what you're trying to accomplish," he continued. “I think you can force things to happen inside of an organization, but that isn't lasting.”

In the interview, Bessette asked the Utah native 10 questions about achieving success, motivating his employees and living a balanced life.

“I've been making more of an effort to stay focused on the family and turn the phone off for a couple of hours and pay attention to what's here at home,” he said in response to the latter question. “At the end of the day, that's what really matters.”

Read the full interview at Fortune magazine.

1. marxist
Salt Lake City, UT,
Feb. 7, 2014

He's in the solar power business. He says the market for solar power in the U.S. is grossly unpenetrated. He's right. More solar - it's the best thing we can do for our economy and the environment.

2. george of the jungle
goshen, UT,
Feb. 8, 2014

Man is, so to have joy.
To see the smile of someone gives me joy. To be-able to count on and depend on someones word gives me joy. to love and be loved by someone gives me joy. Those three gifts you can give, gives me joy.

3. UtahBruin
Saratoga Springs, UT,
Feb. 8, 2014

Love the fact that here is a business owner that is not worried about where he makes the next buck, but more worried about spending time with his family. More CEO's should be this way. When there is a CEO that understands his employees and the balance of life and what is most important. You will always find employees that will bend over backwards for him. Thus, no reason to worry about the next buck. Kind of like the scratch my back and I will scratch yours. Most of the time CEO's ask you to scratch their backs and then they become suddenly busy when it is their turn. Not this guy, he scratches first, and then is willing to wait for the favor in return. Especially if you have some pressing family issues. I would work for someone like this in a heartbeat.

4. Orem Parent
Orem, UT,
Feb. 9, 2014

Unless you like to spend your family time golfing in North Orem.

5. Red
San Antonia, TX,
Feb. 9, 2014

More CEO's need to be like Todd P.

He is a great example for all companies to follow.