Robert Wallace, CEO of Stanford Management Company, transitioned from a successful ballet career to finance, which initially made him feel nostalgic for the musical environment he left behind. Similarly, cellist Margo Dracos struggled with the idea of establishing an identity outside of music. However, both individuals eventually found success in their new careers.
As the arts economy continues to struggle due to the pandemic, many performers are questioning the value of their years of experience beyond the stage. However, individuals with performing arts backgrounds can bring unique skills and perspectives to the business world.
Nicholas King, a concert pianist turned Managing Director of Fort Point Capital Partners, has found that musicians are skilled at collaboration and finding creative solutions that benefit everyone, rather than simply seeking to win at all costs. King argues that arts education can help individuals make decisions, choose the direction of their lives, and even shape the way they conduct business.
The value of an unusual background lies in the way it shapes an individual’s worldview and approach to problem-solving. Business leaders can benefit from considering individuals with performing arts backgrounds for positions that require creativity, collaboration, and out-of-the-box thinking.