Episode · Aug 14, 2026 · 1 hr 42 min
From Small-Town Kid to Everest, Equinox & IRONMAN CEO
with Scott DeRue
Scott DeRue is the CEO of The IRONMAN Group and a former business school dean, professor, and Equinox executive.
“The goal is to get back down.”
Summary
Ken and Scott revisit the 2023 Gobi March in Mongolia, where they met, then trace Scott's upbringing in small-town North Carolina. Scott describes being told early in his consulting career that he was not smart enough, then returning to school, joining the University of Michigan faculty, and becoming a dean at a young age. He explains why he left academic security for Equinox and how he helped lead the company through the COVID shutdowns.
Scott recounts how mountaineering led him to climb Everest and complete the Seven Summits, including the risks of the Khumbu Icefall and the dangerous descent after reaching the top. He and Ken discuss Scott's move to lead IRONMAN, the company's role in helping people fulfill personal goals, and the choice to bring the men's and women's world championships together in Kona. They close by remembering the Gobi race and what it taught them about finishing.
Show notes
Scott DeRue has spent his life creating experiences that push people beyond what they thought was possible.
Ken talks with his longtime friend and current CEO of The IRONMAN Group about growing up in small-town North Carolina, being told during his first performance review that he wasn't smart enough, walking away from a lucrative consulting career in search of purpose, becoming a University of Michigan professor and eventually the youngest dean of a top business school, and leaving the security of academia to help lead Equinox through the COVID crisis.
Scott also shares how mountaineering became one of the defining forces in his life, what it took to climb Everest and complete the Seven Summits, the risks of the Khumbu Icefall and descent from Everest, and why getting to the summit is only half the job.
Now leading The IRONMAN Group, Scott explains why he believes the company is ultimately in the dream fulfillment business, what he learned from rebuilding Equinox, why athlete feedback matters, and the decision to bring the men's and women's IRONMAN World Championship back together in Kona.
Ken and Scott also revisit the 2023 Gobi March in Mongolia, the race where they first met and Ken somehow went from having never run an ultramarathon or camped to winning the entire thing.
Transcript
Made from YouTube's automatic captions and lightly corrected, so a few words and names may be off. Click a time to play the video from there.
Ken Rideout
All right, today's guest, one of my dear friends who probably changed my life as much as anyone in the world, my friend Scott DeRue, former CEO of Equinox and now CEO at IRONMAN and former dean of University of Michigan Business School, the legend Scott DeRue. Thanks for being here, brother.
Scott DeRue
Hey, Ken, it's my honor and uh just good to spend some time with you.
Ken Rideout
And for those who don't know, um what was it? 2023.
Scott DeRue
Yeah, I think so.
Ken Rideout
In 2023, probably when was the race? September.
Scott DeRue
Yeah. In the summer, fall sometime.
Ken Rideout
So, we did the Gobi March together in um Mongolia. And about a month and change before the race, you called me through a friend connected us and you were like, "Hey, I'm doing this race." And we didn't know each other. And you're telling me about the race. I'm like, "Dude, I think I can win that." And you were like, "Have you ever done an ultramarathon?" No. What was camping? No. And you had experience in all this stuff. And long story short, they let me in the race and I went there and was lucky enough to win and we spent a week together and got to know each other really well running across the Gobi Desert in Mongolia.
Scott DeRue
So, it was an incredible experience and I remember that first phone call and you were like, I'm going to win this thing and I was like, are you sure about that? Uh, and you know, never I don't even know if you'd slept in a tent. No.
Uh, before and so we were trading notes and uh it was that was a lot of fun.
Ken Rideout
Yeah, we became good friends after that and I just that sleeping in the tent and the camping part of it was by far my least favorite part of the whole thing. I am a big baby with that stuff.
Scott DeRue
Yeah, you can run and and you demonstrated that. Uh but everything else around it uh it it was a developmental experience
Ken Rideout
For sure to say it's where we grow
To say the least.
Well, let's talk about you enough about me.
Scott DeRue
Where did you grow up? I grew up in uh I I consider Wahberg, North Carolina is sort of my my home and my formative years. Pretty much a one-stop like town. I think when I lived there we had,00200 people and it was an incredible childhood.
Ken Rideout
Were you always a good student?
Scott DeRue
For the most part, yes. Uh I mean very early on I think uh my teachers uh told my mother uh he talks too much, he doesn't pay attention. Probably some ADHD somewhere in there. Uh but um I pretty quickly uh figured out that I liked to have the success and that that feedback loop. Yeah. Uh of doing well in school and uh and so you know my my thing was always nobody's ever going to outwork me. Yeah.
Uh I I'll study hard. I'll do well in school. And uh you know my grandfather was the only other person in my family to go to college.
And uh he was sort of my role model for education. But my parents were really committed to me getting a good education. So they preached it every day of do well in school, then you can play your sports. Do well in school, then you can go hang out with your friends. Uh, and that was always a big part of my life.
Ken Rideout
What did your parents do for work?
Scott DeRue
Uh, [clears throat] ran a small business. I was the only person in my family that ended up not working in the small business. What kind of business?
Uh, they sold upholstery fabric to furniture companies. So uh, High Point, North Carolina is near where I grew up, furniture capital of the world. And my dad had this really small upholstery business that sold fabric to the furniture companies. And my mom worked there and did his bookkeeping and administration. My brother ended up working there and I worked there in the summers loading and unloading trucks.
Ken Rideout
Nice.
Scott DeRue
Uh but pretty quickly discovered I wanted to do that for uh the rest of my life. And uh it was a lot of fun. Uh and I learned a lot. But uh I was looking for experiences that you know were going to get me out of Wahberg, North Carolina.
Ken Rideout
Exactly. Yeah, I know what you mean. It's funny that you say that they thought you had ADHD and all these other things like a lot of kids. I think that, you know, have you heard people say like this traditional education system, it's not really conducive to little boys. Like sit down and look at and pay attention to things that you're not really interested in and force yourself to focus. And it's like now as a parent, as I've gotten older, I've initially I'm like, "Oh, [ __ ] You got to just show discipline." But I'm like now having three little boys, I'm like, "They don't want any part of this.
It's torture for them to sit there and pay attention." I mean, they do it, but it's like I don't know if this is the right model. Like, I think they should in in there should be a lot more like kind of experimental learning going on and letting them kind of have breaks cuz they are rambunctious. Like they just went back to school today. Thank God. Get them out of the house.
They've been home for like two or three months. I'm like, "Guys, I need a break from this."
Scott DeRue
Yeah. Well, I mean, I think I mean, having spent a lot of time in education now over the years, whether they're 10 years old or 30 years old or our age, uh I think the more experiential the environment is, the more we learn. And the science around education is pretty clear about that now. And so whether you have really small kids or you know if you're in adult learning in any kind of form the more you can make it experiential and the more you can connect with people's interest and your passions might be different than mine but I somehow have to connect that education to what you're passionate about
If you can do that you unlock a lot of opportunity.
Ken Rideout
Yeah. You mentioned about doing good in school so you could play sports. What sports did you play in high school?
Scott DeRue
In high school uh football, basketball and track.
Ken Rideout
Well that makes sense for you. What was your event in track?
Scott DeRue
I was a pole vaulter. Uh was my best and least favorite sport of all of them. Actually ended up finishing top 10 in the state of North Carolina. Uh and uh but had no formal coaching or anything. I just picked up a pole and ran down and yeah, totally.
Ken Rideout
Oh my god.
Scott DeRue
Uh and then I was a sprinter and only because we needed people to sprint.
Ken Rideout
That's funny. You know who I had on the show once? Um my really good friend who I love bragging about Trey Hardee, former decathlete, two-time world champion.
Scott DeRue
Yeah. Yeah, a little faster than me.
Ken Rideout
That guy could pole vault. He started as a pole vaulter and they realized when he got to I think Mississippi State, holy [ __ ] this guy's an unbelievable athlete. Like make him into decathlete and then he did so well there after a year. Texas was like, "Come on, big boy. You're coming to the big leagues."
Scott DeRue
Yeah. I I did okay in high school and then I went to college at UNC Chapel Hill.
Ken Rideout
Yeah.
Scott DeRue
And uh the coach invited me to come out and check it out and, you know, see if I could walk on or something like that. And I got there and they were preparing for the Olympics and I was not. Uh so I quickly discarded that idea and went and found the water ski team as fast as possible cuz water ski team in North Carolina.
Ken Rideout
Absolutely.
Did you have experience water skiing?
Scott DeRue
Never.
Ken Rideout
So you had no experience water skiing. You went down to the North Carolina water ski team. You're like, "Hey guys, you looking for bodies?"
Scott DeRue
Exactly. I was like, "I can figure it out. If you guys are willing to teach, I'll figure it out." And I [clears throat] mean, we grew up on a lake when I was little. you know, playing like, you know, just knee boarding and stuff like that, but I didn't know how to water ski.
Ken Rideout
What's a competitive water skiing consist of?
Scott DeRue
Uh, back then it was, and it still is for the most part, uh, slalom trick and jump.
Ken Rideout
Okay.
Scott DeRue
So, slalom ski around the course, jump over the ramp, see how far you can go and hopefully land. Uh, and then trick ski, which is on this little ski that has no fence, like skating on ice, basically. Uh, and um, and so yeah, so I I mostly did a little bit of trick and a little bit of a jump. Wasn't very good, but I loved it.
Ken Rideout
That's awesome.
That's crazy. It must have been fun just to be a uh an athlete at UNC.
Scott DeRue
Yeah. I mean, just being in and around athletics. I was part of the Carolina Athletic Association. We were the student group that managed all the tickets. So, everybody wanted to be my good friend.
Uh, and especially when, you know, Duke Duke basketball was uh coming into town. But, uh, uh, we we had a blast. And I mean those four years at UNC changed my life in a really positive and profound way.
Ken Rideout
How happy were your parents like growing up in North Carolina and now you're at UNC Chapel Hill. Are they like they must have been over the moon, right? Like he did it.
Scott DeRue
Yeah. And it was it was where my grandfather went.
Okay. Uh and so my grandfather went there obviously many moons ago and he studied pharmacy and came back to our you know town where you know my mom and and uh grandparents were and uh he became the local town pharmacist and the mayor at one point.
Ken Rideout
Oh wow.
Scott DeRue
And uh so he was sort of my role model from an educa education perspective and I only really considered one school because that's where he went and thankfully they let me in and my parents were over the moon happy. My my dad grew up in Mishawaka, Indiana, and uh so he was hoping for Notre Dame. Uh but uh but yeah, UNC was always going to be the school.
Ken Rideout
It's very much like a Norman Rockwell painting. Your grandfather's the pharmacist. Your parents own the upholstery company.
Scott DeRue
Yeah. No, it was it was it was a good childhood. And uh I didn't know any different.
Ken Rideout
Yeah.
Scott DeRue
Right. And you grow up you grew up in, you know, small town. You learn hard work. You learn humility. You learn sort of pull yourself up by your bootstraps type uh type lifestyle. And most of my hometown were farmers,
Ken Rideout
Okay?
Scott DeRue
Tobacco farmers and and the like. And and so, you know, that's what I knew uh at that time. And and I would not ask for anything different. Uh I had great friends, great community. It wasn't always easy, but but it was it was looking back on it, it was the perfect childhood for me.
Ken Rideout
You studied business at UNC?
Scott DeRue
Uh yes. So I started out as a biology major uh because you know smart kid from smalltown North Carolina it's doctor lawyer you know and so I I didn't know what I wanted to study and
Uh I was like well okay how how do you do this medicine thing and I took my first biology class and quickly discovered that was not going to be the path and you know my parents had this small business so I was like what's the business school all about and so then I went and studied business
And where'd you go to grad school? uh Michigan State University.
Ken Rideout
What the hell?
Yeah.
Scott DeRue
But there there was there was a trip in between. So I graduated college. Still had really no clue what I wanted to do.
Ken Rideout
Yeah.
Scott DeRue
Uh but I'd never really gotten out of the Southeast United States. We didn't travel that much.
And so I wanted a job that would help me see the world and meet new and different interesting types of people and things of that sort. So still didn't know what I wanted to do. But uh I had a professor at UNC, Ed Pringle, uh who ran Coopers & Lybrand before it was PwC. Oh,
Ken Rideout
Okay.
Scott DeRue
And his semi-retirement gig was teaching at UNC.
Ken Rideout
Yeah.
Scott DeRue
And he for whatever reason, I don't I don't know why, but he took a liking in me in in me. And and
Ken Rideout
You're a likable person, dude.
Scott DeRue
And I appreciate that. and really sort of mentored me and uh he helped me uh he opened a door and he said, "Look, I can't determine the outcome, but I'll help open a door for you and you get to walk through it and choose whether or not it's going to be the path for you." And so he helped me make some connections and I ended up with a uh private equity consulting job uh in Boston working for a company called the Monitor Group and they were starting their version of Bain Capital.
So, a private equity uh investment firm inside of a large strategy consulting firm.
Ken Rideout
Y
Scott DeRue
And so I went there and uh ended up working there for almost 5 years uh both on the private equity side and the consulting side. Uh met some amazing people, had my fair share of ups and downs. Uh but then I decided to go back to graduate school.
Ken Rideout
You will not slide through. They will they will out you so fast your head will spin. If you don't want to work like a dog and you're not very smart,
You you will not survive.
Scott DeRue
What's the worst performance review you ever had? [snorts]
Ken Rideout
You know what? I always worked on trading desks. So, the performance review was in the form of a bonus. And if you didn't get one, you suck. And I would always tell people they're going to pay you as little as they can to dare you to leave. So like your bonus is I don't know 100 grand. Like I dare you to leave or we can't afford to lose you. So it's 500 grand. And the spread would vary so wild wide wild wildly from trader to trader or sales guy to sales guy.
Scott DeRue
So
Ken Rideout
But I know but we but that's again that those kind of jobs you're going to get
Super strict performance reviews. Everything is like buttoned up on a trading desk. If you bring in business, you could basically be like doing kraken between work sessions. Like they didn't care what you did as long as you made money.
Scott DeRue
Yeah.
So, I'm 21 years old when I start.
So, I'm probably 22 at this time.
And it's my first performance review I've ever had in my life. And my boss at the time, uh, very smart guy, uh, learned a ton from him. Uh, my performance review consisted of one line. Scott is not smart enough to work here.
Ken Rideout
[ __ ]
Scott DeRue
That was that was my performance review my first year. And I've never forgotten it.
Ken Rideout
Yeah, I wouldn't forget that either
Scott DeRue
Because I had I had the work ethic, right? But I wasn't demonstrating to him, at least at that time, that I had the intellectual horsepower to to to be successful there. And I took it as a personal mission to prove him wrong.
Hell yeah, you did. and fortunately had some people that were good mentors there. Dana Burgess, Cheryl Jacobson, Betsy Horn, Ralph Judah. I still remember them as if it was yesterday and value their friendship still to this day. Um, they wrapped their arms around me and said, "Don't listen to that. Here's the path and helped guide me to a place where I ended up being very successful there." But I've never forgotten that performance review. Uh because it sort of struck sort of this in at the core of who I thought I was at that time.
And looking back on it, I I'm grateful for it. It's horrible feedback. Horrible.
Right. It's it's do anything with it. Right. Uh but
Ken Rideout
Says more about him than you.
Scott DeRue
Exactly. Exactly. Uh but uh but I'm I'm grateful for that moment because for me at the age of 22, having someone that you look up to say that to you in your in your performance review, you have a choice. That's a that's a fork in the road of how you're going to respond to that uh in that moment. And looking back on it, I'm grateful.
Ken Rideout
Well, for a kid coming from a small town in North Carolina to now work in like high finance consulting in Boston, New York, whatever,
Like you're in the big leagues and not smart enough would be is such a broad stupid comment because it's like dude, no one coming out of college is going to understand what the manager at a private equity firm or or a management consulting firm is going to know. It's not about in intelligence like you obviously you have the intelligence. It's just about learning how to work there. That's exactly right.
You don't know anything. Like that's what I said before you even started. I'm like that's a hard job without knowing what you were about to say. Like dude, this is a very hard job. And like it's up to the manager to like train you to do this cuz you could almost take someone without a college degree and and teach them how to do this because it's so specialized. I mean, you need to understand the basics of economics and and and financial math and all that [ __ ] but that's like it's on the job training.
So, I would say like like I said earlier, that comment says more about him than you. You're the manager. Like, train them up. The guy was obviously smart enough to get a job here.
Scott DeRue
Yeah. Help me be successful.
Ken Rideout
Exactly.
Scott DeRue
And and what I discovered also is as soon as I found people that understood how to cultivate talent and and help people be successful, then you realize, oh, that's what good management looks like.
Ken Rideout
Yeah.
Scott DeRue
Right. And G then gave me the confidence to then be successful. gave me the courage to step outside my comfort zone and begin to develop that knowledge and the skill that's going to enable me to be successful. But, you know, I used to tell all my students at the University of Michigan all the time, like I used to tell them that story because you're going to have folks like that in your life.
And the question is how you respond to that. You can't control that other person.
Ken Rideout
That's right.
Scott DeRue
Right. But you can control how you respond to it. Uh, and I've never hidden from that story and I I've I've actually become grateful for it because at that early phase of my life, it actually set me on a path that looking back uh was really good for me.
Ken Rideout
Yeah. It summarizes and personifies finance guy.
Scott DeRue
Yeah.
Ken Rideout
Like that is just the kind of [ __ ] behavior you will find when you work in finance.
Scott DeRue
But he helped me be successful. He just didn't know it.
Ken Rideout
He did, but he still sucks.
Scott DeRue
Yeah. And I mean and you know my next four years there were incredibly successful and I had a great time and learned a ton and and had an impact and uh I have never regretted it but I don't know that that would have happened the same way if I hadn't had that moment.
Ken Rideout
So then from there you go to Michigan State for your masters MBA.
Scott DeRue
Yeah. PhD.
Ken Rideout
Oh.
Scott DeRue
So I get to the end of my tenure at the Monitor Group.
Yeah.
And I'm miserable. I'm 25ish. I had a series of failed relationships. My best friend at the time, uh he uh he and I parted ways that really like hit me at the core. Um the woman I thought at the time and that I was going to spend the rest of my life with just a series of failed relationships.
Ken Rideout
25 is young to find your soulmate.
Scott DeRue
Come to find out, but when you're 25,
Ken Rideout
When you're 25, you're like, "My world's ending." Yeah. Gotcha. I got you.
Scott DeRue
And the job itself was, for me at least, completely void of any sense of purpose.
Ken Rideout
Yeah, that makes sense.
Scott DeRue
And so this combination of failed relationships and void of purpose put me at a crossroads where I ended up taking about a month off of work. And Monitor was at the and now Monitor is owned by Deloitte. Deloitte bought them.
And uh they were very good to me. They they said, "Look, take a month off, you know, if you need to sort of go discover who you want to be, go discover that."
Ken Rideout
Yeah.
Scott DeRue
And so I did interviewed people that were that I looked up to that I thought could be role models or were role models and trying to understand how they made choices about who they were going to be in life basically. And I didn't growing up didn't really have exposure to what all was possible.
Ken Rideout
Yeah.
Scott DeRue
Right. And so I I took that month off and and really sort of went on a path of self-discovery a bit and and I said,"I don't want to live on other people's terms. I want to live on my terms
And I want to define my own path and what success means for me." And the turning point was when I realized the thing that fueled me, the thing that inspired me was creating experiences for people that were transformational, that just like that experience I'd had in college that took, you know, kid from smalltown North Carolina and exposed him to to people and ideas and cultures that you didn't even know were possible.
Ken Rideout
Yeah.
Scott DeRue
I wanted to create that experience for other people.
Yeah. And that became my northstar. Still is to to this day. That became my northstar. And so the thing I knew at the time because that was the personal experience I'd had was education. And so I was like, okay, well, if I take I'm really passionate about business. I love what I'm learning over here and what we're doing. And this education thing can change people's lives because it changed mine.
Ken Rideout
Yeah.
Scott DeRue
If you put them together, business school professor sounds like a pretty good gig.
Ken Rideout
Yeah.
Scott DeRue
How do you do that? So I interviewed business school professors. I learned that you needed a PhD
Ken Rideout
And probably a lot of experience or some experience.
Scott DeRue
Some experience.
Ken Rideout
But you had five years in in private equity/management consulting is like a crash course in business.
Scott DeRue
Yeah. It was basically an extension of business school.
Ken Rideout
Yeah, for sure.
Scott DeRue
And I went and I said, "Okay, I want to study the people side of business. I understand this finance thing. I understand this strategy thing. I'm really curious about how people work." Yeah. Like the psychology behind it all. And so I asked a bunch of business school professors, if you want to study the the psychology of organizations and the people side of business, where do you go? Probably eight out of 10 of them, Michigan State, one of the best PhD programs in the world. These are the professors you want to work with.
I was like, sounds good. Let me move to East Lansing.
Ken Rideout
So you had just an undergrad degree, a bachelor's, and you went there and just skipped. Do you get a masters and a PhD? How does it work?
Scott DeRue
The [clears throat] masters would be the parting gift if you flunked out.
Ken Rideout
Oh, okay. Okay. And how long did it take?
Scott DeRue
Three and a half years.
Ken Rideout
Oh, wow.
Scott DeRue
It's usually a four to five year program. Y
Uh but the University of Michigan uh professor job opened up and that was one of my dream jobs. So I went to my advisor uh John Hollandbeck who is still one of my dear friends to this day and I said, "John, I want that job. How do we speed this PhD thing up so I can go get that job?"
Ken Rideout
But wait a minute. So the job opens up and and those jobs stay open long enough for you to finish a a PhD and go get the job. Like wouldn't you think, oh, in 6 months that job's going to be gone. It's going to take me how much longer to get a PhD.
Scott DeRue
Academics like to do things a little slow sometimes,
Ken Rideout
I guess. So
Scott DeRue
So most academic jobs are announced and open in like the July in the summer.
Ken Rideout
Okay.
Scott DeRue
Uh but then they're not filled until the early part of the next year.
Okay. Uh so the process drags out.
Ken Rideout
Are there that few positions that when a job a professor opportunity opens at like Michigan, Notre Dame, any of the big schools that everyone in this field knows, okay, that's open.
Scott DeRue
Absolutely.
Ken Rideout
Okay. It's like very well established. Yes.
Okay. So you see the job open up as do a million other professors at lesser schools that might be like I want that job too. What made you think that you were going to get it with no professor experience over someone, let's say, at Ball State who's like, I'm going to Michigan? No, no offense to Ball State.
Scott DeRue
You ever had the experience when you look at something, you're like, that's meant for me.
Ken Rideout
Yes.
Scott DeRue
That was my experience with this Michigan job.
Ken Rideout
Okay.
Scott DeRue
If if I had written the job description, that's what it was. And you know, you go in confident, but you also know that this is a long shot.
Ken Rideout
Yeah.
Scott DeRue
And my backup plan was if I don't get it, then I'll just go back to school and finish on my normal schedule and
I'll try again next year. But that job's not going to be available next year.
Ken Rideout
And by the way, is it when the job opens, it is is it a professor of math? Like math in regards to the MBA program? Like what exactly is the role?
Scott DeRue
So yes. So it's every professor job is specified by the school and at the level. So this was an assistant professor, brand new, brand new professor.
Ken Rideout
Okay.
Scott DeRue
Uh and they at the time uh were looking for someone who studied leadership.
Ken Rideout
Okay. Okay.
Scott DeRue
And that was me.
Ken Rideout
All right.
Scott DeRue
And and so it was a perfect fit for uh what I wanted to research and write about, what I wanted to teach. Uh and the University of Michigan, the business school, that's a top 10 program globally. The management department there is certainly one of the best in the world. And like heroes on the faculty,
Uh like the people that you read about and when you're an academic and in that world, like these are gods.
Ken Rideout
Yeah.
Scott DeRue
And [clears throat] just to have the opportunity to potentially work there was something that I did not take for granted. Uh and so yeah, it was it was a brand new assistant professor job. The topics that they were curious about were the same topics that I was curious about. Uh and it ended up working out and uh I had an amazing 14 years uh at the University of Michigan. Woke up nine years to the day I started as dean of the school. uh and those 14 years that I spent at the university uh were years that I will forever be grateful for.
Ken Rideout
Well, first of all, excuse my ignorance. I don't know. I'm I've never been much of an academic. So, if if these questions seem stupid, I'm sure there are other people listening that are like, "Yeah, that's a good question." But and if you know and if they don't, I apologize. Um so, you apply for the assistant professor role, you get the job, how quickly do you become the dean of the school? And if these people that were working there are your heroes and now you're the leader of all the heroes, like do you take a minute to think about that now in hindsight?
Like, holy [ __ ] I was the dean of like one of the best business schools in the world from where you started. Like small town North Carolina, then you go to Boston, now you're at Miss East Lansing, and now you're like the dean of Michigan Business School. It's an incredible journey.
Scott DeRue
It it is, and I and I'm incredibly grateful for it and appreciative of everyone who helped me along the way. uh because anything you do in life it's there's often people around you that are supporting you along the way and this is no different. Uh so I started there in the summer of uh 2007 and pretty quickly went from assistant professor to full professor.
Ken Rideout
How fast is pretty quickly?
Scott DeRue
I did it in five to six years.
Ken Rideout
I don't consider that pretty quickly in life, but is that that's quick in in that in terms of profant professor to full professor?
Scott DeRue
Yeah. So the in in professor world, you would go assistant, associate, full, and chaired.
Ken Rideout
Oh, okay.
Scott DeRue
That's the I ended up having an offer to go to Harvard Business School for a promotion. Michigan uh said, "Why don't you stay here, skip the associate rank, and we'll make you full professor." Oh, so the Harvard offer kind of triggered this like, "No, no, no. We we want you to stay." Exactly. Oh, so you must have been kicking ass. And if Harvard wants you and Michigan's like, "Screw all this." Like, "You're the full professor." That's awesome.
Yeah. I was I was moving pretty quickly.
Ken Rideout
By the way, I I just love these stories. I love stories of people that overcome difficulties, have great success, whether it's sports, academic, business. Like it's just so it's so intriguing to me that someone I I just love how some people just rise to the occasion of like I'm going to be the best at this and I don't care what you think. I'm you can't stop me.
Scott DeRue
Yeah. You're on you're on a mission, right? And and and
Everybody finds whatever that thing is that fuels them. Like if you get to that point, you're fueled by something and what fuels you could be different than what fuels me, but you're fueled by something. And for me it was creating these experiences that were transformational for our students. Like that was the thing for me.
Ken Rideout
What would be an example of that? Like what do you think you were doing that resonated with students that that clearly the university and the students were like Scott's the man. He's the best.
Scott DeRue
I I'll give you an example. Um I took 30 undergraduates to Africa and we climbed Mount Kilimanjaro together. The way we designed that experience, those 30 students will never forget that moment.
Ken Rideout
Yeah, for sure.
Scott DeRue
And what they realized is a life lesson that you know now, I know now, but at the time they didn't. And the life lesson they learn is learned is that they are all stronger than they thought they were.
Yeah. Whether you're in a classroom, whether you're on a mountain in Africa or anywhere in between, I always viewed our job as educators to create the environment to create that experience to help you discover that.
Yeah, I got you. And yes, you want to develop the you want to learn the knowledge and the skills that are going to help you, you know, be successful in business or whatever the the domain is. But I always believe that one of the main sort of elements of of education is to help people discover that they're stronger than they thought, that they have more potential than they thought, and to open up their eyes to sort of possibilities. And and we were able to do that whether it was a classroom or outside the classroom.
Uh but uh but yeah so I brand new assistant professor started moved up pretty quickly uh the offer from Harvard didn't didn't hurt uh and so I became full professor in whatever it was five or six years uh then I became chair professor a year later uh you were asking for perspective that's about twice as fast as you would normally uh do all of that uh and then our dean at the time asked me if I wanted to actually it was in response to another offer I had an offer from Pepsi uh to go be their chief learning officer.
Interesting.
And it was the first offer I had outside of academia that really piqued my interest because it was still in learning. It was still education. Uh but it was for hundreds of thousands of people.
Ken Rideout
Well, here's the other thing I want to ask you. When you're working in academia, you're making, you know, x amount of money. It's good money, but you're not like super wealthy. And now any kind of C-level job at Pepsi, you're probably looking at millions of dollars. Was that ever like appealing to you growing up in a small town?
You're like, I could be fabulously wealthy if I kill it at Pepsi.
Scott DeRue
So, in my early 20s, money was the primary motivator. When I made that shift at the age of 25 or whatever that was,
It became, it's not that it's unimportant.
Ken Rideout
Yeah.
Scott DeRue
Uh, everybody wants to be paid for fairly equitably for what they do. Yeah.
But it no longer became the primary motivator. Uh, but to be fair, business school professors are paid extraordinarily well.
Ken Rideout
Oh, they are. Yeah.
Scott DeRue
Oh, okay.
Ken Rideout
Yeah. Yeah.
But no like C-level executives at Fortune 500 companies are they?
Scott DeRue
Sometimes you might be surprised.
Ken Rideout
Oh, really?
Scott DeRue
Yeah. Because you can do things outside of the school. Uh and I always described academia as you're an intellectual entrepreneur.
Ken Rideout
I got you.
Scott DeRue
And if you know companies want to pay you for your services, then you can get paid reasonably well.
Ken Rideout
Okay.
Scott DeRue
Uh and so I was doing just fine. Uh
Ken Rideout
Again, you have to excuse my ignorance. I don't know much about this. I just assumed a teacher like, you know, I'm thinking of like teachers and maybe that's obviously different than college professors at that at that the highest level.
Scott DeRue
When I when I called my parents to tell them that I was leaving this well- paid job in Boston at the time
To go back to graduate school and make nothing. Yeah.
Right. While you're in graduate school to be a business school professor, my father Yeah. uh who didn't go to college, didn't know, you know, uh anything about this world. He said the exact same thing. Are you crazy? You're going to give up all of that to go be a teacher? And I was like, "No, no, just trust me." Like, I've done my homework here. Uh but no, business school professors make a great living,
Ken Rideout
But not the kind of money they're making at management consulting. Like, if you had stayed on that path, like they were probably guys making tens of millions of dollars at the top of that.
For sure. Yeah.
Scott DeRue
For sure. But but that was actually I'll tell you a story. So, I was working at Monitor. I was probably 23, 24. And this was one of the turning points that led me to start questioning sort of the path I was on. I walked into uh the men's restroom at the office headquarters and next to me on either side was two of the founders of the company. So, they are absolutely making and even at this time, this is late, you know, early 2000s.
Ken Rideout
Yeah.
Scott DeRue
They're making tens of millions of dollars a year, right? I don't know how much, but they're making a lot.
And I'll never forget the conversation they had.
One of them says to the other one, "How is the empire building coming?"
Ken Rideout
Yeah.
Scott DeRue
And the other one says, "It sucks." And he goes on to describe how someone else at one of the other consulting firms made more money than him. And I left the restroom thinking, "These people are insane."
Ken Rideout
Yeah.
Scott DeRue
And it taught me an important lesson that still to this day, I think social comparison is the root of much evil.
Ken Rideout
Yes.
Scott DeRue
And when you're not living life on your own terms, but you're constantly comparing yourself to others, there's always someone with a bigger house, a fancier car, a bigger boat, you know, whatever the case may be. And so that social comparison to me is the root of unhappiness or or evil in in in many people's people's lives. And I decided that's not going to be me,
Ken Rideout
Right?
Good for you.
Scott DeRue
You know, you want to be fairly paid. You want to, you know, depending on how important money is to you, you want to work in environments that pay you well enough. Uh, and that's always been the case for me, but it's never been the primary motivator.
Ken Rideout
Yeah. I will say that the when I stopped working at a at a for someone else, it was very intimidating and scary, but I've never been happier in my life. I've had more money, but I've never been happier. I'm like, no one can tell me what to do. My my wife can, but the point is like I eat what I kill and if I don't work, I don't get paid. And and but there's nothing more satisfying than doing something that you're passionate about and that you enjoy.
Like I love doing this. I love talking to people like you and it's like a dream come true. So I'm sure that that must have been the feeling you had when you were working in acade academia.
Scott DeRue
It was I loved every minute of it and and so you know I had this really incredible run as a professor. Loved researching and writing and teaching. Uh, and then this offer from Pepsi came along. And our dean at the time, you know, to her credit, really sat me down and said, "Look, you can go do that and you can always come back. Like, that's fine. Uh, but if that's what you're really interested in, why don't we create a role for you here where you can do the exact same thing?"
I love how creative they are.
Ken Rideout
They're like, "No one's taken Scott from us."
Scott DeRue
and and so she made me associate dean and she gave me responsibility for all of our executive programs including all of our executive education, all of our corporate learning. So we had 75 to 100 companies around the world that we were working with uh in every country you could imagine. And so I started traveling the world basically running this professional services business inside of the business school uh and getting to teach and work in all these companies and I was learning a ton had an amazing time.
So I did that for a couple years and then um uh she decided to move on as dean and one of my senior colleagues uh was tapped to be on the search committee for the next dean and he walked into my office uh Krishnan uh is his name.
Ken Rideout
When she stepped down did you in the back of your mind think like I might get this job?
Scott DeRue
No.
Ken Rideout
Did you want it?
Scott DeRue
Uh no.
Ken Rideout
You never fantasized about it?
Scott DeRue
No. Actually, one of my good friends uh who I grew up with in academia um reminds me uh quite often that of a time where we were sitting in a faculty meeting and I leaned over to him and I said, "Please do not ever let me become a dean." And and so Ms. Krishnan, who was on the search committee, senior faculty at Michigan, walked into my office one day and he said, he closed the door and he said, "Hey, what would you think about putting your name in the hat for the dean uh dean role?" And I was like, "Get out of my office." Like, I mean, I was 30 at that time.
Probably 38.
Ken Rideout
What would be the youngest dean at a at a big school that you knew of?
Scott DeRue
Certainly in [snorts] their 40s, if not 50s. I mean, this is usually the last job you take, not not the early one.
And I was like, Krishnan, get out of my office.
Ken Rideout
Yeah.
Scott DeRue
You know, a week goes by, he comes back.
And he's like, no, no, no, seriously. So, I ended up putting my name in the hat. Then the process worked out and and I became dean at
Ken Rideout
When they when they told you again it what was your reaction?
Scott DeRue
I was excited, nervous um and mostly nervous about how the world was going to react.
Ken Rideout
Yes, I can feel that.
Scott DeRue
So I was when I was announced I was 39 years old and by far that would be the youngest dean uh of a top business school.
So awesome. And you're both a little bit nervous about how the world is going to react. You're also a little nervous about how internally people are going to react. Now, everybody for the most part knew that I was in the process because you interview with a lot of people.
Uh but um I grew up there.
Ken Rideout
Yeah.
Scott DeRue
Right. I mean these my senior colleagues, they raised me. Yeah. in many ways. And and I I'll never forget one of my dear friends uh and colleagues at Michigan, you know, she she told me, she said, "Look, yes, you know, my language, you were raised here, but people trust you, right? They they trust your motives. You're authentic around sort of the mission and the purpose why why you want to do this. And we all have you have your back. like we want you to be successful because when you're successful as dean that means we collectively are successful.
Ken Rideout
That's a good ad that's a good work environment if people genuinely feel like that about their leader
Scott DeRue
And I'm sure not everybody did but enough did and I'm really grateful because you know I ended up serving uh one term as dean. I'd signed my uh uh second term and that's when Equinox uh came calling. Uh but um we were what we were able to to achieve together uh at Michigan is something that I'm really proud of uh for our students, for our faculty, for the staff that work there. Uh and um and I had a blast. Uh I loved creating an environment where other people could be successful within education because it took the reach that I would have in my class of you know 60 students in every class or whatnot and now it's thousands of students over many years that you are now either directly or indirectly part of their journey part of their story part of their life and all coming back to this north star for me of I just want to inspire people.
Yeah. I want to create a platform where people can uh to where they can grow, where they can develop and transform themselves to be a better person, a better professional. And now you're creating this platform where everyone can do that if they choose. Uh that was pretty special.
Ken Rideout
Yeah. And that it's funny because that's exactly how I would describe you and like the mission you were on is just the what I've known of you is like one of the most like honorable, high integrity, high character people that I've ever been around. I'm like, "This guy is just too nice." I'm like, "Jesus doesn't seem to have any vices."
Scott DeRue
I appreciate that. There there are plenty of vices, but uh but the the sense of mission behind it is is certainly genuine.
Scott DeRue
Yeah. So, mountaineering for me started uh I was finishing graduate school. I'd always been outdoorsy and you know, whatnot, but uh but for me, you know, it was classic American sports, right? And uh though I don't know if pole vaulting is classic but uh uh but you get my point. And and so um I was finishing graduate school and growing up we didn't travel that much and so I wanted to treat myself. I'd gotten a Michigan job and I knew I was going to finish my PhD on time and so I wanted to treat myself.
I felt like I had earned it.
Yeah. And because we grew up not traveling that much, uh I took a world map and I basically just picked a spot and uh it was Africa. I'd never been. I'd heard amazing things. And so I Googled or probably at the time it was Yahoo or something like that. What do people do in Africa?
And two things popped up. Safari and Kilimanjaro.
Ken Rideout
Yeah.
Scott DeRue
So I was like, "All right, I'll do that."
Yeah. And so I uh went to Africa and uh climbed Kilimanjaro and I loved it. Had no idea what I was doing, but I loved it. And
And uh I came back and I called uh Alpine Sense uh which is one of the leading big mountain guide companies in the world
Based out of Seattle. and uh Todd Berles, the founder, and Gordon uh who helped run the business, they took the time to talk with me about mountaineering
And about all these places in the world that you could experience and go see and and uh and I was hooked. And so I was like, "Okay, how do I do this?" And so they in uh had me come out to the Cascades in Washington. I spent a couple of weeks in their school learning winter survival skills, climbing skills, etc. And then about once or twice a year, I would call Todd or Gordon and say, "All right, I want to go climb another one."
Ken Rideout
Yeah.
Scott DeRue
And they would say, "Well, based on, you know, this or that and your prior experience, you should do this one." And as my lovely bride, uh, Kathy says, "If you keep climbing, they just keep getting bigger."
That's true. And I never I never started with a goal that I'm going to climb Mount Everest or I'm going to climb the seven summits or anything of that sort.
Ultimately, it was about wanting to uh see the world in ways that I could have never dreamt of seeing and this love of nature and this love of being outdoors combined with doing hard things and this sense of challenge fuels me. I'm not going to be the fastest. I'm not necessarily gonna be the strongest. Uh, but I love putting myself in that environment where I'm gonna face this challenge that I'm confident, but I'm not sure that it's going to that I'm going to be successful and embracing that sort of uncertainty and the pain that comes with that sense of challenge.
Uh and putting myself in that environment because that's where I feel like I grow and and uh and evolve the most both on a human level but also just from a skill perspective whether it's at work or on the side of a mountain and so mountaineering for me became that thing uh where I could be in nature I could be part of a group and I could challenge myself in a way that I wasn't going to get in business.
Yeah.
And and that became the thing. So then I started climbing and they kept getting bigger and bigger and uh and it's you know been a journey of of exploration and adventure and and love and and and I've had the good fortune of being able to climb, you know, many of the tallest mountains around the world and and come home to to tell about it.
Ken Rideout
The key is come home.
That's always the goal.
Scott DeRue
Everybody says the goal is to get to the top. No, it's not. The goal is to get back down.
Ken Rideout
It's so ironic now to think that you're the um CEO at IRONMAN currently and we'll get into that, but that's a perfect example of like, hey, I'm going to do this and you tell everyone you're going to do it and you can fail miserably. And I have I've ended in I've left there in an ambulance in the hospital and I've done a lot.
People when you win some things, people hear about the wins, but they discount the the failures or the like
I don't know if you call them failures, the the the heavy learning experiences cuz I always say like you never really lose when you put yourself out there. you just learn.
But that's a perfect example like cuz if you go to summit especially one of the big mountains and you get bad weather and like there's a high failure rate or high rate of not succeeding let's say right I don't know if there ever any failures when you're doing things like that but um which were the biggest what were the biggest the biggest summits
Scott DeRue
So the the biggest summits I mean Everest would be the tallest but uh
Ken Rideout
No but I mean that you you've you climbed Everest. Yes.
Okay. Did you get all seven?
Scott DeRue
So, I've done all seven of the seven summits.
Ken Rideout
Jesus, what's the hardest part to me? I I ask me because when I look at it, I'm like, I just can't tolerate the cold. When I think about my hands and my feet being cold for weeks at a time, I'm like, this is too much.
Scott DeRue
I don't love the cold either. Uh, but you actually you you learn [clears throat] to deal with it. You I mean, the the gear today, the the technology behind it is pretty remarkable. I mean, if you look back into the the 50s and 60s and 70s and what these people were climbing with, It it's incredible, right? I mean, we're very privileged today to be uh to be climbing with the technology that we have access to. Uh but I don't love the cold either. Uh and so my goal is to not get cold.
Yeah.
Right. Even in the coldest environments, Antarctica, it's -40. My goal is to not be cold. Yeah. Right. Uh but but no, so I started out Kilimanjaro. Uh went down to South America, climbed in South America a bit, uh including Aconcagua. uh went um uh to Alaska, climbed to Denali. Uh and from there I went to Everest. Uh and once I climbed Everest, um I was like, well, the seven summits thing is kind of an interesting goal.
Yeah. Uh, and so at that time I and I'd met some people that had done it and they were telling me about the the magic of Antarctica and it's I mean you feel like you're on an entirely different planet.
Um, and in Papua in the South Pacific, it's one of the most remote uh parts of the world. Yeah.
Uh, and you won't even see other humans for for much of the the trip. Uh and and so I' had heard all these stories and I was like I want to experience that.
Ken Rideout
Yeah.
Scott DeRue
And so I just kept climbing and and I love it. So yeah, so uh as of 2025 I uh finished the seven summits. There was the one in South the South Pacific had been off limits since 2018 or 19.
Yeah, I remember you telling me about that. Uh they unfortunately had some pretty um uh significant civil war uh in the country and it was unsafe uh to get there. I'm not sure it was safe to even be there
Uh last year because we showed up at uh the mountain and there were, you know, military folks with machine guns.
Ken Rideout
Guys, just had to climb the mountain. Ignore us.
Scott DeRue
Exactly. Uh but uh yeah, no, it's it's been incredible and I've met some amazing people and and had good fortune, but yeah, I mean, some mountains you have to turn around on and it's not going to be your day. I remember uh good friend of mine, Garrett Madison, uh and Garrett's arguably the best big mountain guide in the world. uh he and I with a small group were on a more technical route of Rainier uh up in Washington
And we were I don't we couldn't see it maybe 500 ft from the summit and Garrett at that time had probably climbed a nearer 250 times.
Ken Rideout
Yeah.
Scott DeRue
And he looked at me and he said, "I'm pretty confident that I can get us to the top, but I don't know if I can get us back down." I was like, "That's good. I'm good.
Ken Rideout
Say less.
Scott DeRue
We can go down now." Yeah.
Uh but um but no, I mean we've had some uh some remarkable experiences, mostly good, some, you know, scary moments, some challenging moments, and uh you know, if you're going to put yourself in those high-risk environments, uh you know, inevitably something's going to happen at some point. Um but the question is, how do you respond to it?
Ken Rideout
Which one was the hardest?
Scott DeRue
Everest was difficult, not simply because it's the tallest, but you're there for two months.
Yeah. And it's it can get pretty monotonous and you go from zero to 100 like that in that you're off and now you're on and you've got to be laser focused. Uh and it can be pretty dangerous.
Ken Rideout
I just finished watching for the second time Aftershock last night
Just coincidentally.
Scott DeRue
Yeah,
Ken Rideout
Man. That is like such a scary situation. They had an earthquake for those that don't know on Everest and like the ice falls got basically caused an avalanche wiped out all of base camp. So not only are there people dead on the mountain and severely injured but Kathmandu and all the surrounding areas had an earthquake too. So like they're waiting for a couple days for a helicopter to even come up there and then the helicopters like they got emergencies all over the country never mind like you know a few hundred people up on Everest.
Scott DeRue
That's right. That's right.
Ken Rideout
So scary.
Scott DeRue
Yeah. That happened. So I was there in 2013 and then in 2014 there was an avalanche that came off of the Khumbu uh that unfortunately took a number of people's lives.
And then it was the year after that must have been 2015 uh if I if I get it right.
Ken Rideout
Yeah, I think so.
Scott DeRue
When the um earthquake came through and Garrett, my good friend, and a number of my other friends were there.
Oh wow. and um had members of their group unfortunately pass away and some of the um local uh sherpa community that I climbed with when I was there in 13 uh passed away both in 14 and 15.
Um yeah, it's heartbreaking and some of the towns that you you walk through and get to know the because you basically stay in people's houses
And so you get to know these folks and their entire towns were washed away or and it was
It was it was tragic. Uh but you know in those moments you learn a lot about resiliency and how resilient the human spirit is.
And I still uh to this day keep in touch with some of the uh the Sherpa folk that uh that I met who are in Nepal and and live in these really small communities and um they're to me they're inspiring.
Ken Rideout
How difficult or intimidating was the uh the Khumbu ice falls? 27.
When I because when I look at it, I'm like, "Holy [ __ ] that is daunting. It looks so scary."
Scott DeRue
Yeah. In 2013, there were 27 ladders. Uh I I remember it like it was yesterday. Uh 27 ladders that you had. And what they don't tell you about Everest is you actually climb it three times. You just don't go to the top the first two. Yep.
And so the first rotation up the mountain, you go about halfway, then you come back down. Second time up, you go, you know, 2/3, 3/4 up, and then come back down.
Ken Rideout
When you're doing that, the 3/4 up there, are you tempted to just be like, "Let's just go." No, because you're you're struggling. I mean, it's it's it's not easy,
But I would be thinking like, dude, I'm struggling. I can't imagine the next time I come up here, it's going to be any easier. Let's just get it over with.
Scott DeRue
Every time you go, it gets easier, though.
Ken Rideout
Okay.
Scott DeRue
So, I I'll give you uh So, the first time we went up from base camp to camp 1.
Ken Rideout
Yeah.
Scott DeRue
Took us about seven or eight hours.
Ken Rideout
Okay.
Scott DeRue
The third time we went up from base camp, we skipped camp one. Yeah. and went straight to camp 2 in about 7 hours.
Ken Rideout
Okay?
Scott DeRue
So, you're getting fit and much more skilled at going through the ice.
Ken Rideout
Okay?
Scott DeRue
And so, it gets easier. Okay?
It's not easy, but it gets easier.
And so, for me and our team, we had 12, we started with 12 climbers, four guides. Uh, and one of the climbers uh went home pretty early. He was the bad apple of the group. Uh
Ken Rideout
For you to say someone's a bad apple kind of some kind of [ __ ]
Scott DeRue
He was he was the bad apple of the group. Uh and once he left, uh everything worked out. But uh we we were able to move pretty efficiently up the mountain and fortunately with folks like Garrett and Ben Jones and Lock Perita, like we had the best team in the business.
Ken Rideout
Yep.
Scott DeRue
And uh and it it was an incredible experience. But you get up there and I I have this uh this video from the GoPro on my helmet.
Ken Rideout
Yeah.
Scott DeRue
Um and so you asked about the Khumbu. So there's 27 ladders. Some of them are vertical. Some of them are, you know, at this angle. Some of them, you know, horizontal and you have to walk across them. You've seen them in the movies or with docks or whatnot.
Ken Rideout
And you got those spikes on your on your boots, you know. Exactly. In like climbing shoes.
Scott DeRue
Yeah. Exactly. And so I I I have this this image of walking across the biggest crevasse that year at least and imagine going to Home Depot and buying the cheapest ladder you could buy, but buying two or three of them and then taking some twine and tying them together and then throwing them across a crevasse that when you look down in it has no bottom. It's just black abyss. I have this image of the GoPro and I'm looking down at the ladder and it captured the image of the crevasse when I got home and first saw that picture.
Ken Rideout
Yeah.
Scott DeRue
I don't remember it.
Ken Rideout
Yeah.
Scott DeRue
I don't remember that crevasse. What I remember and what I dreamed about for weeks, maybe months following the expedition is every rung of the ladder.
Yeah. And so like I could tell you exactly what the ladder looked like,
But I never really saw the crevasse. It's
Ken Rideout
Like laser focus.
Scott DeRue
Exactly. Exactly. And you know that's that's how you have to operate up there. Otherwise things go sideways real fast.
Ken Rideout
What was the moment like when you got to the top of Everest? Did you have a moment of reflection like when you got the de call that you're the new dean or when you got your PhD where you're just like [ __ ] yeah I did this.
Scott DeRue
I'm here. The top of Everest for me was one of the most antilimatic experiences of my life.
The reason is and I so I have uh a video of it because it was a GoPro. Uh my teammate and I are you know you know high-fiving and hugging and he's like we did it. We did it. We're here. And I say no we didn't. We're only halfway there.
Ken Rideout
Yeah. I know.
Scott DeRue
Right. And so you still have to get back down. And so yes, you want to celebrate that moment. You want to cherish that moment. It's one that for most people they never get to experience. And even for those like myself that do, you're only going to go once. Yeah. Right. And so, and that was my deal with my wife is make it to the top, that's your once, right? Got to come home.
Ken Rideout
That's fair.
Scott DeRue
And I thought that was fair. And so, uh, but for me it was antilimatic because we still had to get down.
Ken Rideout
What did it look like at the top
Scott DeRue
For us? It was I mean I I can show you.
Ken Rideout
Like how big was the area?
Scott DeRue
Uh, it's it's not big,
Right? It's certainly not big for 15 or 20 people standing up there.
The pictures that you see with the long lines and all of that. Uh that does happen on occasion.
Uh it was not the case uh when I was there. Yeah.
Uh when that happens, it's because the weather window is short. Yeah.
And then everybody goes at the same time.
If the weather wi window extends out,
Uh you can manage it where you're not in these big traffic jams.
Yeah. And fortunately for our year and because of our guides being very very smart about when we went and there was almost nobody there except for our group but even for you know we had at that time
We had nine climbers get to the top out of our original 12 plus the guides and the sherpa who were with us
And so I don't know you're probably 20 25 people up there
Ken Rideout
Y
Scott DeRue
Is pretty tight.
Ken Rideout
Yeah.
Scott DeRue
And the rope doesn't go all the way to the top. So you're completely unclipped when you're at the summit.
Ken Rideout
So if you were to slip and fall, hypothetically, you could literally just fall and be falling for like two weeks.
Scott DeRue
Goodbye. Goodbye. And so you got to be really careful.
Ken Rideout
So you can't really be up there like jumping around and [ __ ] cuz you're like, "Dude, be careful. We're not
Scott DeRue
I'm not going to jump [clears throat] around. I'm sure people do, but that's not me." Uh we're going to celebrate and uh and cherish that moment, and then we're going to get organized to get back down.
Ken Rideout
It's funny. If I was climbing, you're the exact type of personality I want to be with. This guy is like
Safety first.
Scott DeRue
Cool. Cool and focused. Like never too emotional, never too high, never too low, and very focused. Uh that transcends most things in life, I think. And most accidents happen on the way down, not on the way up.
Ken Rideout
Uh
The way down would intimidate me, too. It's like climbing a tree. You're like, "Oh [ __ ] I'm up here.
Scott DeRue
How am I going to get down?" Going in mountaineering, climbing down is by far more technically challenging than going up.
Ken Rideout
I I can see that.
Scott DeRue
And so physically it's hard going up.
Ken Rideout
Yeah.
Right.
Scott DeRue
But for folks like you and me, you focus, you're fit.
Ken Rideout
Yep.
Scott DeRue
You can do that.
Ken Rideout
Yeah.
Scott DeRue
Coming down requires technical skill that going up does not.
And every step matters. And so the level of focus and attention that is required when you're coming down a big technical mountain like that is extreme.
Yeah.
And that's when bad things are going to happen. And so I I still remember one of my tent mates uh he's unfortunately passed away now, but his his name uh was Martin. And we were coming down uh around camp 3, which is the Lozy face.
Yep. And so you come down uh camp 4 and you come around the corner uh the yellow band and you're coming down the Lhotse Face and it's all just ice. Yeah.
And it's very vertical.
And he made a decision that morning to wear liner gloves, like really light liner gloves cuz it also gets hot up there
Ken Rideout
Instead of like
Scott DeRue
Like the big the big like heavy duty gloves. And [snorts] if things go perfectly, that decision is fine.
Ken Rideout
Yeah.
Scott DeRue
Okay. Because it gets hot up there, so your hands like, you know, he didn't want him to get sweaty or whatever.
Ken Rideout
But he has the gloves with him in his bag or something, right? So you could put them on.
Scott DeRue
He could. Yeah, of course.
So we're coming down the Lhotse Face and he's in front of me as close as you are to me.
Yeah. and we're going down step by step really carefully and he slips and he immediately like fell on his backside and started slipping. So your natural reaction at that time is to grab the rope.
Ken Rideout
Yeah.
Scott DeRue
Which he did. Well, if you grab the rope and you have light liner gloves on, the rope burns through your gloves and your hand.
Ken Rideout
Oh my god.
Scott DeRue
And so then your natural reaction is this.
Ken Rideout
Yep.
Scott DeRue
Which he did.
Ken Rideout
Oh my god.
Scott DeRue
And so then he shot down the mountain, took out a couple other people. And I'm watching my friend
Ken Rideout
Anxiety attack just listening to this.
Scott DeRue
I'm watching my friend fall down the Lhotse Face on Everest and I still can hear it. So the rope is anchored every so often.
Ken Rideout
Yeah.
Scott DeRue
And now a group of them hit that anchor and fortunately it holds.
Ken Rideout
Oh, thank God.
Scott DeRue
And fortunately despite all of the sharp crampons, ice axes, everything flying around, nobody gets injured.
Ken Rideout
Oh my god.
Scott DeRue
It's incredible. So then we collect ourselves, get down to them, make sure everybody's okay.
Ken Rideout
And meanwhile, his hands are burned to shreds, right? Cuz he had to let go of like he's going to thinking I'm going to die if I let go, but I have to let go.
Scott DeRue
It's it's just your natural reaction, right? And then once you have speed, there's no way you're you're you're grabbing a hold.
And so we get down, get everybody everybody's okay, fortunately. Get going back
Ken Rideout
Minus his hands.
Scott DeRue
Minus his hands. We get back going down the Lhotse Face and it's not 15 minutes later and Martin, this was the last of his seven summits was climbing Everest and he wanted to climb Everest with the crampons that he had used on his first mountain many years ago. So they were old. Okay.
A crampon falls off and and so, you know, it's we were able to go and get it and put it back onto him.
But it just goes to show you that these little decisions in these in in these extreme environments, and this is true whether it's mountaineering or business or anything else, but often times these little decisions add up.
Yeah. and they can add up real fast when things go sideways
And and so, you know, fortunately we were able to get his crampon back on and get back down to safety and and all of that. But I'll never forget those moments because it taught me a lot about how groups work, about the importance of making the right decisions at each step. Uh even if those decisions seem small and you're never going to be perfect at it. uh but having that sort of level of focus uh on a daily basis uh and and approaching every one of these decisions with that that intentionality uh is something that I I took away.
Ken Rideout
Yeah, I would imagine. And and then not to mention I'll be like, "Martin, put your damn gloves on. Never mind the old school crampons. We're trying to live. Not trying to like be sentimental."
Scott DeRue
Yeah. No, he's he's he's he was a he was a really good guy and unfortunately passed away uh in a skiing accident uh way way too young, but somebody that was a good good friend of mine.
Ken Rideout
Gotcha. Um All right. So, you're at Michigan and Equinox comes calling. Was this right after CO?
Scott DeRue
So, uh CO had uh Yes. So,
Ken Rideout
So they're in there. My point is CO kicks off, the gyms are like in crisis mode, right? Cuz no one can go to the gym. Closed. was meaning the business model is in crisis and they come calling and it was Steven Ross.
Scott DeRue
Yeah. So Steve um Harvey Spivac, Jeff Blau. So uh the backstory is I was on the board of Equinox for a number of years uh while I was at Michigan
And had gotten to know uh the brand, the team, the company, and the ownership group. uh and really admired uh everybody involved uh and thought it was and and still to this day think it is one of the coolest uh uh lifestyle brands uh that that we have. But the thing that really connected uh for me is that same northstar purpose that led me to education. I want to create experiences that inspire people that help people be better and transform themselves in a positive way. health and fitness equinox is that
Right it's just a different vehicle it's not education but it's the same northstar at least for me
So uh the pandemic kicks off in March of 2020
Y
Uh all of the clubs globally close uh and uh at that point the business goes from being one of the fastest growing most successful businesses in the country if not the world uh to uh being in crisis mode.
Ken Rideout
Yeah.
Scott DeRue
And uh the the board and in particular Harvey and Steve and Jeff uh were asked if I would uh come on full-time and be part of the team that led through COVID and ultimately the rebuild. And that was our mandate is how do we survive the pandemic? And at that time nobody knew is this going to be another month or two or is this going to be another 12 months. Nobody knew. Yeah.
Uh, and so
Ken Rideout
Talk about a challenge, man. You love how diff you love difficulty, don't you? With all these mountain climbings, now you're going to go to Equinox coming out of CO. Like, I'm good here. I'm like the dean of Michigan Business School. I never have to like step outside of my comfort zone.
Scott DeRue
It's crazy. I was I was the dean. I had signed my uh So, at Michigan, you have five-year terms.
Ken Rideout
Yeah.
Scott DeRue
So, I had completed term one and I had signed for my second term. and Harvey and and and Steve and and Jeff uh uh came and asked me if I'd be interested in doing this. And I had not only signed my second term, I had lifetime jobs career at Michigan. Could not be fired.
Ken Rideout
Oh, really?
Scott DeRue
Yeah. Had tenure. Could not be fired.
Ken Rideout
I love that.
Scott DeRue
I had banked two years of time off at full pay at Michigan, which my wife reminds me of often. And here's the equinox on the verge of collapse in many ways. Uh and who knows or who knew at the time how it was going to play out.
Uh vaccines didn't exist. Uh remember the variants Delta and Omicron and all that. None of that had happened.
Ken Rideout
Yeah.
Scott DeRue
Right. most of the clubs had closed and they were be they were reopening and so most of them had reopened and that's when I I joined and so it was early 2021 so maybe a year after the uh the initial onset of the pandemic uh but the company we were really struggling
Ken Rideout
And what was the biggest struggle just getting members to come back in people I assume stopped paying when the clubs closed
Scott DeRue
Yeah a lot of people stopped paying cuz you didn't You didn't have the service.
Ken Rideout
Yeah.
Scott DeRue
And uh even once we reopened the clubs uh people weren't coming back.
Ken Rideout
Yeah.
Scott DeRue
Right. So you've got a nice home gym. Yeah. People built home gyms, right? You had the Peloton effect uh everybody bought a Peloton everybody. Right.
And uh I mean Peloton at the time I think was worth $60 billion and you can look it up now. It's not worth 60 billion anymore.
But um but you know nobody knew if people were going to come back. Yeah.
And so I I left Michigan. Uh Kathy and I packed up the car and the the dogs and the cats and drove to Manhattan. Nobody was in the city.
Ken Rideout
What a change of pace to go from like a college campus in Michigan to like living in Manhattan.
Scott DeRue
But nobody was there.
Like everybody had left. Uh we'd walk on the High Line at night by ourselves.
Ken Rideout
Yeah.
Scott DeRue
And so everybody was leaving the city. We were we were the only ones coming in.
What a crazy time in history. It's it's something that people will write write stories [clears throat] about for many many years to come. Uh but um but for me it was I I believed in the brand. I believed in the team and I believed in the ownership group. And the question was I I was confident we could get through the survival phase and if we could do that we could rebuild and and that's what we did. And so it took us about two and a half years, but we were able to rebuild uh the company back to pre- pandemic performance.
Uh and it's something that uh I learned a ton, but really proud of the team and um and uh is is an experience that I'll forever be grateful for.
Ken Rideout
Talk about a challenge, man. So, how did how what brought you to IRONMAN? cuz like I couldn't think of a a better brand for you to be at outside of academia, which I think you were made for. But to think of you at IRONMAN, just everything that you've described is what IRONMAN represents. A chance for people to challenge themselves. For some people, it's like a spiritual experience. I mean, think about it. It's it's a brand.
You don't see people with a McDonald's logo tattooed on their body cuz I went to cuz I got a Happy Meal. But people will tattoo the IRONMAN logo on their body. And uh there's nothing wrong with it. I it's just it's just an incredible brand what they've built and and and what they continue to build these not obviously not just IRONMAN but UTMB rock and roll
The rock and roll uh running series is just incredible and and I think sometimes when you're competitive in those sports you lose sight of what it means to like the a like the middle of the pack average person who goes there it's like when you talk to them it's like
I mean you know some people get completely obsessed with it's a way of life it's a way of life for some people, but um it really transforms people and it did for me. I mean, that's how I got into running. I was like, "Oh, this IRONMAN looks crazy." And I was just looking to challenge myself when I got sober and I was like, "That looks really hard. I want to go do the race in Hawaii." And it became an obsession for a couple years.
Then I got there and was like, "Holy [ __ ] that was hard." And then I had to do it a few times till I got it right. But man, it's just I mean, I could talk about IRONMAN for forever. But talk about how you came to get that role and what it's been like.
Scott DeRue
Yeah. So, so I go to Equinox, we we get through the pandemic and we rebuild the company and there's obviously a lot of twist and turns uh in those few years. Uh but I learned a ton and I was still fueled and motivated by this northstar of wanting to create experiences that inspire people.
Yeah. and the IRONMAN Group, the CEO at the time, Andrew Mesik,
Ken Rideout
I know him very well. Really nice guy.
Scott DeRue
Yeah, super nice guy. So, Andrew, um, he and I didn't know each other. We now, um, know each other quite well. Uh, but at the time I didn't know him and he had decided to step down and retire. uh he'd been there for 12 years uh as CEO and the ownership group um was uh going through the search process to hire his successor and they called and asked if I would be interested and at the time I didn't know that much about the company. I knew the IRONMAN brand
But I didn't know the company. Uh and the company to put it in perspective for folks were the largest organizer of participation sports. So triathlon obviously is a big part of our business with IRONMAN in 70.3, but across road running, we just had the uh I believe it's the largest road running race in the world down in Sydney this past weekend with 90,000 runners.
Ken Rideout
Oh my god.
Scott DeRue
Uh city to surf starts in the city, ends at Bondi.
Ken Rideout
It's a huge race all in what same race.
Scott DeRue
Yeah.
Ken Rideout
Wow. How many waves? A thousand.
Scott DeRue
It's 14K. It's not that long of a race.
I know. And so you got people starting, you know, or finishing while people are starting over here. But our team, it's an engineering feat what they're able to pull off.
Ken Rideout
Everything, everything about IRONMAN is an engineering feat. Managing the volunteers, the course, the the logistics, the food, the medical, it the whole thing is [clears throat] you go there and you're like, how is this going to happen?
Scott DeRue
Yeah. But I didn't know much about the company. And so I didn't know that it had all these other brands, all these other sports. But the more I learned, the more interested and and curious I became. And then what I discovered is exactly what you uh were talking about is this isn't simply uh an event or a race. It's a way of life. And that for me connected back to Equinox. Equinox health fitness. But for many people, whether it's their way of life, whether it's the status symbol that they're after, the community that they're the passion about being a part of um I learned a lot about cultivating that community, creating that sort of lifestyle.
And I felt like a lot of the lessons that I'd learned at Equinox could be applied to the IRONMAN Group. What most people don't know is just like Equinox for the IRONMAN group 2020 almost no events.
Yep.
2021 most of the events did not happen. In 2022, you start holding uh the events again uh at scale uh but you're still feeling the effects of coming out of the pandemic. So, I knew what we had done uh at Equinox and I felt like a similar playbook could work at the IRONMAN Group. And but most importantly, you have a brand and a community that is among the most powerful in the world.
Ken Rideout
That's for sure.
Scott DeRue
IRONMAN we believe to be the most tattooed brand in the world.
Harley-Davidson probably has something to say about that, but it's one or the other.
Ken Rideout
Yeah.
Scott DeRue
Right. and nobody's really counting so who knows.
Uh but it is a way of life
And it's for many of our athletes it's not simply a race. It is part of their identity.
Ken Rideout
Yes.
Scott DeRue
Thus the tattoo. It's their community. It's where they find belonging. And I felt like that was the type of environment that I wanted to be a part of that I would feel proud to be part of that team and to lead because of the impact that we have in people's lives. Uh and that has played out uh many many times over just in the last two and a half years for me.
Ken Rideout
How much of a responsibility do you feel when you show up at a race and you see and feel the passion from the participants cuz they must be like either, oh there's Scott.
Scott DeRue
Let me tell him what he's what how great he's doing. Oh, there's that mother effer right now. Let me tell him how they screwed me on this race and gave me a penalty and did this and did that. These people are crazy. All feedback is a gift, Kim. Uh I welcome all of it. If if you if you give it to me with a smile, that's great. If you give it to me because you're angry and emotional, that's okay, too. Uh all feedback is a gift.
Ken Rideout
I remember in um 2012, I went there. I learned the biggest lesson of my life when it came to racing. I dropped out in the in the run cuz it just got too hard and I was like I learned very quickly like nothing is given. Don't you ever quit. And literally changed my life. Um 13 I went back and did like a 939 or 939 or 936
Scott DeRue
So fast.
Ken Rideout
And then in 16 I went back I was in the best shape of my life training for that race. I was living in Pacific Palisades and I got pneumonia 3 weeks before. So I was like I've just barely recovered. I was like I'm just going to go anyway. Ended up walking most of the marathon. finished in like 11 hours, but right before the sun came down and I saw Andrew Mesik was there and I know him pretty well. And I'm like, "Oh, Andrew, thank God I made it before the sun came down." And I'm sitting there talking to him.
I go, "Dude, I don't feel good. I got to go to medical tent." And I was in there for like 3 hours getting IVs. I just for some reason and I walked most of it, but it's always the ones that's you suffer the most and just barely finished that you're just destroyed. When I finish in a sprint, I'm like, "Yes, I felt good. I managed everything perfectly." But it's such an adventure. You learn so much about yourself because that bike ride gets long, man. 112 miles and then you start a marathon at 1 or 2:00 in the afternoon in Hawaii.
And people always like, "Oh, the heat and the wind in Hawaii." I'm like, "It's the same effing thing every year. It's Hawaii. It's the IRONMAN." That's what it is. When people like, "It's so windy." I'm like, "You mean like every year? It's hot like every year?" It's just, man, that is it's unless someone's done it, it's hard to explain how difficult it is. I mean, just go out for a run 10k at 2:00 in Hawaii.
Scott DeRue
Absolutely.
Ken Rideout
With in the energy lab where it's just basically running through a lava field. It's just radiating heat so hard. But I remember seeing Andrew and go, "Oh, Andrew, I did it. I finished before the sun went down and he was laughing and I was like, I got to go. I don't feel good."
Scott DeRue
Yeah, that's why the medical tent is not far from the finish line. Uh but uh no, it's it's an incredible experience. I mean, it's I mean, this year is going to be epic. Uh this will be the first year in a number of years that we'll have men and women racing on the same day again. Oh, in Hawaii.
In Hawaii. And so we're really excited about that. But uh you know, I've always described Kona as one of those things where you can read about it, people can tell you about it. Uh but I didn't grow up a triathlete. That's not and and so it's not one of those things that you can truly appreciate or feel until you're there.
Ken Rideout
100% right.
Scott DeRue
And it is it is it is the most iconic, toughest one-day endurance event in the world for a reason. Yep.
And but what I've come to appreciate is for so many people around the world, it is their dream.
Ken Rideout
Yeah. It was mine for many years.
Scott DeRue
And what a privilege also a responsibility.
Ken Rideout
Yeah.
Scott DeRue
But what a privilege it is to be a part of that dream.
Yeah.
And and I know for our team that's what fuels us, what's motivates us is we get to, you know, we always say we're in the dream fulfillment business. We're not in the running business or the triathlon business, etc. Yes, of course we are. But at the end of the day, we're in the dream fulfillment business. And whether you're a professional athlete chasing your dreams as a professional athlete or you're the grandfather, grandmother, mother, father who's working a full-time job and raising kids and this is your thing to show predominantly yourself, but also the world that you're stronger than you could have ever imagined.
Ken Rideout
Y,
Scott DeRue
That's your dream. And we get the privilege of being a part of that. And you know now IRONMAN 70.3 there's you know 170 of them around the world. Uh and all in we'll do about 260 265 events this year. I think there's three weekends this year where we don't have an event. And every weekend it's how do we make people's dreams come true? And we're not perfect at it but we strive to be.
Ken Rideout
Yeah. I think that's what people miss is they go there and something goes wrong and they get angry at the IRONMAN organization. You're like, "Dude, they're trying to cater to thousands of people." Like, someone's going to be upset about something always, but the mission is to create a good experience for everyone. So, shit's going to happen. Just like your flight's going to get cancelled. You can go and trash Delta, American, but at the end of the day, they're all trying to do their best. But to me, the most magical week of the year for many years when I was training triathlon was the week before the iron man.
Getting there the Saturday before doing the swim race. I loved it cuz like how often do you get to go and do if you're a nonswmer to go into an open water swim race and you don't have to run or bike after and you're sprinting as hard as you can. I think I did it like 102. I was like yes so proud of myself cuz I was a [ __ ] swimmer. But um that whole week there's like something cool going on the whole week. If you're a triathlon nerd, this is nerd heaven.
You're just like
The energy is electric all week. parade, the freaking the they have like a 5K I think the week the Saturday before or the Sunday before.
Scott DeRue
Don't forget the underpants run.
Ken Rideout
Of course, the underpants run and everyone's fit with their freaking compression socks and all their like NASCAR logo merch.
Scott DeRue
It's it's an incredible experience and and it's one that really celebrates the endurance community and the triathlon community and you know we we understand the importance of Kona uh to the world like we we we take that responsibility very seriously and when I when I started the most common question that I got was hey what are you going to do with Kona because we had for a whole host of reasons related to the pandemic we had split the men and women and the world championship for the men uh was in one location and the women were in another location and they were flipping between Nice, France and and Kona.
And my answer at the time, it's still true for most of the big decisions that we make uh is we're going to listen to our community.
And I firmly believe that whether it's Equinox or the IRONMAN group, if you put your members or your athletes first, everything else takes care of itself.
Ken Rideout
Yeah.
Scott DeRue
But you have to be willing to listen. So like all that feed that feedback is a gift. I tell my team that all the time and it doesn't matter sort of how it's packaged. It could be in a happy form. It could be in an angry form. It doesn't matter. All that feedback is a gift because at the end of the day, we're trying to make dreams come true. We're trying to create experiences that inspire people, that make people better. And that feedback helps us do that better.
Ken Rideout
Yeah.
Scott DeRue
Right. And so we asked our community, what do you want to do? And they said, we want to race in Kona together.
Ken Rideout
Yeah.
Scott DeRue
And we said, okay, let's make that happen. Yeah.
And so this will be the first year where everybody's back together and it is going to be epic.
Ken Rideout
Problem is then when you tell me like, "Oh, the men 50 to 54 are going to start lasting the day." I'm like, "No, we're not. Damn you. Now I'm going to have to like navigate my way through the whole crowd."
Scott DeRue
All feedback is a good um no what people don't appreciate is we actually model um in a pretty scientific way uh the course density for when we start different age groups. So, it doesn't go just youngest, oldest, or oldest, youngest. We actually stagger the age groups. The pros obviously go first.
Uh, and they're they're out ahead,
Ken Rideout
Which is motivation just to be a pro so you don't have to deal with any of this other [ __ ]
Scott DeRue
Yeah, it could be. Uh, but we actually st we design the the the age group wave starts uh to optimize capacity on course. Our focus is once you get sort of the event operations, the fundamentals right, safety, course density, course design, venue design, etc. Um, then you can start to have fun with the experience.
Yeah.
And and our focus really is uh is upleveling and elevating that athlete experience at every touch point. And that's race day, race weekend. But like our community, like what you were describing is our athletes, if they race with us a couple times a year, they're training year round.
Ken Rideout
Oh yeah.
Scott DeRue
And so our opportunity isn't simply as an events company. Yes, we put on lots of events, but it's really about going back to that lifestyle, that way of life, and being um that um uh that community, that that brand that people identify with, that tattoo, right? Whether you get the tattoo or not, identify with it.
That sense of community and belonging. Uh and ultimately the events are where you earn that human transformation where you earn that uh sense of achievement and where you discover that you are stronger than you thought you were.
Yeah. Uh and so our opportunity is and where we're really focused is making sure that athlete experience at every touch point, whether it's the app, whether it's the race itself, whether it's the training environment, uh the brands that we bring to uh the uh the community, uh that it's the very best in the world.
Ken Rideout
What's your favorite race?
Scott DeRue
Ooh. Um which is your favorite kid?
Ken Rideout
Don't answer. I like I I I really liked the I love the Kona 70.3.
Scott DeRue
Oh yeah. Who knew? Yeah. It's a great
Ken Rideout
I almost I almost won that. I came in like 607.
Is that right?
Scott DeRue
Yeah.
It's a It's a really cool race.
Ken Rideout
Crapped out on the run, but I was like going good for a while.
Scott DeRue
That runs hard through the golf course.
Ken Rideout
Oh my god. It's like you're running on a damp moist sponge.
Yeah. Radiating heat.
Scott DeRue
I I I'll tell you I It's not necessarily a favorite race, but I'll tell you uh maybe a favorite moment. So before I joined the company, I'd never been to an IRONMAN race.
Ken Rideout
Oh my god. You must have been when you went to the first one, you must have been like, "Holy [ __ ] these people are crazy."
Scott DeRue
So you you I join the company. We we do all the fanfare, all the publicity and all that. And then I go on a world tour to meet our team.
Ken Rideout
Must have been fun. It
Scott DeRue
Huge. And so I'm traveling the world and the first IRONMAN event that I uh that I attend is IRONMAN New Zealand and it's in March of 2024.
Yeah.
And it's the I didn't know it. I mean, I learned very quickly. It's the second longest running IRONMAN in history. Right. So you have Hawaii
And then you have New Zealand.
And so I think that year was our 45th anniversary if I remember correctly.
And so I'm soaking this all in like I'm just there to be a sponge to listen to meet the community and learn as much as I can and meet and celebrate our team.
Yeah. And so we're around the event and um you know the pros come across and it's this amazing experience and I'm learning about sort of the the pros and what prot triathlon is all about and and talking with them after the race and and I'm having a ton of fun learning a lot and then they tell me about sort of the the magic hour or midnight.
Ken Rideout
Yeah.
Scott DeRue
And so we go we eat dinner we come back and it's the final finishers.
Yep.
Ken Rideout
And for the people who don't know there's a cutoff. It's like 12 hours, right? Whatever it is at midnight, if you're not done, course closes. It's over. You didn't make it.
Scott DeRue
Depending on the race, it's And depending on when we started, it's like 16 hours or 17 hours. But yeah, around midnight is the cutoff.
Ken Rideout
Y
Scott DeRue
And if you don't make it by that time, you didn't finish.
Ken Rideout
Yep.
Scott DeRue
So, we're there. We're celebrating all of the final finishers coming across. And that is where you start to really begin to appreciate the spirit of IRONMAN.
Yep. Right? Because what the what what folks like you do where you're really fast, it's an incredible athletic achievement, right? And what you're able to do in terms of both mind and body is otherworldly. Then you get the folks that are out there for 15, 16, 17 hours. And that is a it's different. It's slower obviously,
But no less of an achievement.
Ken Rideout
It's hard, man. You're on your feet 16, 17 hours. The same thing like I think about someone who ran a 5 hour marathon. I'm like, okay, if I did it in 228, I look back, I'm like, man, you're on your feet twice as long. Okay, you're not running as fast, but it's still you're doing it.
Scott DeRue
You're out there, right?
And so all these folks are coming and you're now I'm starting to feel the magic of it and the spirit of it and whatnot.
So there's this woman who the year prior and she's probably in her 60s.
Ken Rideout
Yeah.
Scott DeRue
Okay. The year prior she missed the finish cut off by about two minutes. So at IRONMAN New Zealand in Taupo, if you miss the final cut off by 2 minutes, you can see the finish line,
Ken Rideout
Of course.
Scott DeRue
And you can hear it for sure.
Ken Rideout
Yeah.
Scott DeRue
Right. So imagine you're out there for 17 hours and you miss that cut off by two minutes.
Okay. So we know she's coming.
Ken Rideout
Yeah.
Scott DeRue
Okay. She comes around the corner and there's seconds.
Ken Rideout
Oh my god.
Scott DeRue
And she's on the railing holding on. Can barely walk and and whatnot.
And from me to you to the finish line, she collapses and she's crawling and it's like that Julie Moss moment from the early 80s that really defined the IRONMAN brand back then. She's having her Julie Moss moment.
Ken Rideout
Yeah.
Scott DeRue
And she's crawling across the finish line. I have videos of it. It's incredible. Ken, she made it with about 3 seconds to spare.
Ken Rideout
Oh my god.
Scott DeRue
The energy and the electricity of the crowd, the fans at midnight celebrating this woman's achievement.
Ken Rideout
Yeah.
Scott DeRue
And talking with her post race to understand just how meaningful this moment was. This was her dream.
Ken Rideout
Yeah.
Scott DeRue
Right. And she had the resiliency to fail the year prior. Fail. and then to train and come back and do it again. One of the hardest races in the world
To do it again. And then she makes it with about 3 seconds to spare.
I'll never forget that moment in my life.
Ken Rideout
Yeah.
Scott DeRue
Never. And it's it's it's one of the moments that I look back over the last two and a half years and if people ask me what's your favorite race and whatnot, that moment for me, it was my first ever IRONMAN race. And I've now seen that moment play out a number of times again and again. And at every event that I go to, I'm always there for the first finisher. Many finishers in between, but I'm always there for the last finisher as well because that moment means so much to that person.
And that woman in New Zealand taught me that.
Ken Rideout
How many Iron Mans have you done?
Scott DeRue
I've not done any.
Ken Rideout
Oh, really?
Scott DeRue
No.
Ken Rideout
What are you waiting for?
Scott DeRue
Yeah, exactly. So, I did uh 70.3 um and I jump into a lot of our races and I do parts of them. I'll do part of the bike, I'll do the run. Um I usually have obligations around the event. Uh, so I tend not to to do the the whole thing, but um but I'm looking forward to the first IRONMAN. Uh, and I want to see you do one.
I've been uh I've been swimming and biking and running a little bit more than usual here recently. So uh you never know when I might jump into one. It might be a surprise for folks, but
Ken Rideout
Well, they're they're not Well, they might be surprised, but they shouldn't because that's how we met. You and I did the Gobi March together. You ran 155 miles across the Gobi Desert in Mongolia in 6 days. And it was self-supported. And when I look back on it, the hard part to me, like I said, was the eating, the sleeping in the tent, all the [ __ ] that went with it. But the running part was I would never say any running was enjoyable. But if there was any enjoyment was it was like the last few miles every day of the stage or just being like, "Oh my god, another one down."
Scott DeRue
And you could hear the music.
Ken Rideout
Oh my god. been crossing the day off in the on the like mental calendar in my head like I'm in prison. Like one more day down.
Scott DeRue
Yeah. No, it's um Yeah. I mean, it's I I definitely want to do an IRONMAN at some point. Doing hard things is not something that I'm afraid of by any stretch, right? Whether it's long running or whatnot.
Um I need to learn to swim a little bit better. Uh that would be useful. Uh but um but I'm really looking forward to that moment. Uh because I also don't think you can truly appreciate it until you've actually gone through it. Of course, right? And so the reason I jump into a lot of our races is I think in my role you should experience what your athletes are experiencing, right? And so uh so I I definitely want to do that. But um uh no, I mean the Gobi for me uh was an incredible experience getting to, you know, get to know you in that type of environment.
Uh, I I'll never forget. Do you remember what you told me after the first day?
Ken Rideout
No, but I remember getting smashed the first day and being like, "Holy [ __ ] I better get it together."
Scott DeRue
Obviously, I'm a lot slower than you. So, I get to camp and you're like, I don't know if I can do this. Like, I don't know. And so, you know, there's these seeds of doubt that always creep into our minds, especially when you have one expectation.
Ken Rideout
Yeah.
Scott DeRue
Right.
Ken Rideout
I'm expecting to crush and I got like fourth, but I mean, I was not in a good place.
Scott DeRue
Yeah. And and so you've got these expectations. you come in fourth or whatever it is
And you're like okay well what's day two what's day three what's day four going to be like
And I remember telling you I was like just have fun you're like I don't have fun I
Ken Rideout
want to win is fun
Scott DeRue
And I was like well go win then uh and then day two and three and you did and it was it was incredible but uh no I mean for me that was you know it's one of those things where you don't know how it's going to play out
Ken Rideout
That's for sure that's exactly right
Scott DeRue
And having the courage to just try and and you know the humility to you know like accept that it's going to be hard.
Yep.
And uh I had a blast. Uh and uh you know wasn't fast but uh had a lot of fun.
Ken Rideout
You got a lot of blisters, right?
Scott DeRue
Um I the blisters were I had some but nothing too nothing nothing too bad. My my Achilles was really painful like basically tendonitis.
Ken Rideout
Yeah, I remember. I remember something like that. But I one thing I was shocked at is when after like the first, second, third day, the amount of people in the medical tent with their feet look like h raw hamburger. I'm like, have you trained at all? Like I get if you get a blister, you roll an ankle, something happens, but how are your feet that chewed up?
Like have you not been training?
Scott DeRue
Yeah. I just I mean I guess people, you know, have different, you know, different feet in the sense of like they're more susceptible to it or something. I don't know.
Ken Rideout
People just didn't train enough.
Scott DeRue
Yeah, it's possible. It's possible. the blisters I didn't I mean I maybe a little one or here or there but uh but no I ended up having some tendinitis in my so every morning when we started uh that was painful as soon as I started going and so like I would I would run the first every each day
You know I would run maybe the first 8 to 10 miles at a reasonable clip for me
And then I would go sort of run fast hike run fast hike uh and that helped me sort manage the the the tendonitis a bit.
Ken Rideout
Do you remember the Japanese guy who had on the old school wooden clogs? Yeah. He had like the wood the wood with like two pieces of wood underneath those traditional Japanese geisha sandals. It was the whole race.
Scott DeRue
Did the whole thing in wooden shoes insanity.
Dressed like an eggplant.
Ken Rideout
Yes.
Don't forget that part.
Exactly. Like why not got the memo of what an eggplant is emoji stands for in the US.
Scott DeRue
I think in different cultures it means different things. But um but yeah, dressed like an eggplant for some reason uh in wooden shoes. Yeah, he was he was he was fun. I have a picture of uh the two of us at the finish line. That was
Ken Rideout
We had the other guy who ran for president in like Serbia.
Croatia.
Scott DeRue
Croatia.
I think it was Croatia.
Ken Rideout
He's a professor, I think, at um is he at Harvard?
Scott DeRue
Uh he was at Harvard for a while. He went to Princeton for a while. Uh
Ken Rideout
Deja Deja.
Scott DeRue
Yeah, Deja. Um and so we're still in a text group together.
Ken Rideout
Oh yeah. Yeah. I talked to him occasionally on LinkedIn, but man, what a what an eclectic cool group. Oh, you know who I talked to a lot? Killian Ryan. Remember the uh the Irish guy who lived in South Africa?
Scott DeRue
Absolutely.
Ken Rideout
Such a good guy. He was the one after the first day, he was like, "Yo, these guys, the guys who finished ahead of you, they think that they're going to break you down and win." He's also the day before the last stage, he's like, "Man, you're up by 90 minutes, only six miles. You're going to let someone else win." And I was like, "Are you effing crazy? No one's winning. No one. No freebies for anyone. It's to the death.
No, you don't get time back.
Exactly.
Scott DeRue
Yeah. No, it was it was a cool experience. But, uh, yeah, the 50 mile day was a that was a hard day.
Ken Rideout
That was a beast.
Scott DeRue
Uh, that was a hard day. But, uh,
Ken Rideout
Nothing was better than coming in and seeing that camp and being like, it's over. There's only one more hard day now, right? And after 50 miles, I could stand on my head tomorrow and finish.
Scott DeRue
Exactly.
Ken Rideout
Yeah.
I remember that the the last day. Do you remember we we ran across these planes and it started raining and and we ran past like packs of wild horses and it's raining and I was just like I hate being wet but I was like this is awesome. And then I caught myself. I'm like this is not awesome. I'm soaking wet and I'm freezing now and I got 25 miles to go.
Scott DeRue
Yeah. No, I mean the landscape there, I mean for folks that haven't been to Mongolia, uh it is otherworldly and incredibly beautiful. And I mean we could run for tens, 20s miles and not see another human.
Ken Rideout
Yeah. No, we didn't see a lot of people.
Scott DeRue
And I mean you see some horses every now and then.
Ken Rideout
Occasional nomad.
Scott DeRue
Exactly. And I mean some of the pictures of those wild horses, they're incredible. But uh no, that's an experience that I I'll never forget and I was I was honored to to get to share it with you. That was fun.
Ken Rideout
Well, thank God for you because I would never have done that. It became like the cover of my book. It was just like transformational. And to your point about the diversity of Mongolia. I mean, one day we're in sand dunes and then that next to the last day we ran through over a mountain that it to me it looked like Switzerland. Pine trees, a pine forest, and then you come ripping down a super steep mountain descent and then crossing that raging river that had the rope across and I'm like, I don't need that stupid rope.
I started walking that ri water was so fast it almost washed me down the river. I was like, plus I'm holding my backpack over my head. It was crazy. That was so much fun. And that camp then the last night we were there was so much fun cuz it was over. I mean six or seven miles walking in and they had the big eagles there and the guys in the uh Genghis Khan uniforms. Oh, it was so much fun. What a freaking experience. The only thing in hindsight I wish I had done differently was got there gotten to Ulaanbaatar a little bit earlier than the night before we started running cuz I was like so tired and I get into my room and do you remember they had like your room's not ready but we have a honeymoon suite and the and the people didn't show up.
I go, the people didn't show up for their wedding honeymoon suite. And I went in, dude, and there were like heart-shaped balloons, roses on the floor, shaped like a like a heart on the bed, rose petals everywhere. And then you go in the shower and like half the tiles were missing off the wall. It was like and this was the nicest hotel in Ulan Bar. It was just crazy. And I got there, I'm like tired and cranky. I'm like, "Oh my god, what the hell?
Why did I do this? Thank god you were there." Do you remember the guy um the photographer guy came and sat with us the day before and he was like and I was asking him like, "Hey man, is there anyone here who's won one of these events before?" Cuz it's a series put put on by um Racing the Planet.
Scott DeRue
Yeah.
Ken Rideout
And he's like, "Oh, yeah. There's um Hugo Reinhold. He's here. Oh, he's a beast." And I just remember feeling so insulted. He's like, cuz he didn't know who I was. Why should he? And he's like, "Oh, this guy's good. That guy's good." And I felt in my in in in my heart, I'm like, dude, I'm killing everyone in in in a irrational way. I don't know anything about anybody, but he was just so confident that like all these other guys were like going to crush. And I was like, oh, dude, you're lighting a fire under my ass like you can't imagine.
Scott DeRue
Yeah, but maybe you needed that.
Ken Rideout
I definitely did, right?
Scott DeRue
Yeah, maybe you needed that. And it was I mean, it was it was really interesting to watch because, you know, roughly 20% of the people run the whole thing. Yeah.
Right. And then there's another 20% that essentially walk the whole thing. And then there's people like me in the middle that sort of do the run, hike, walk thing. Um, and and the diversity of it. I mean, I think we started with 120 people. It's not like it's a big race. Uh, but just the diversity of people from different cultures, different backgrounds, but also different athletic levels. For sure.
I I I thought that was super cool.
Ken Rideout
I liked it.
Scott DeRue
Uh, yeah,
Ken Rideout
I liked being in the tent, me and three girls.
Scott DeRue
I'll leave that one for you.
Ken Rideout
They were really cool. But it was an honor to be there with you. And thanks again for uh hipping me on to turning me on to this race and uh helping me helping to convince me to go and do it. It was so much fun and it's been great getting to know you. I'm uh proud to be your friend and congrats on all your awesome success. I am uh honestly I'm honored to know you and I love watching your journey and excited to see what you do with the IRONMAN brand.
So thanks for being here. I love you. I appreciate you and uh much continued success.
Scott DeRue
Yeah. can love you back and congratulations on everything that you're achieving right now and being able to spread your message uh and your journey uh with people around the world. You're inspiring millions of people. Thank you, brother.
And uh I'm really proud of you and much love back to you.
Ken Rideout
Thank you. If you ever need a speaker at an IRONMAN event, let me know.
Scott DeRue
Deal. Deal.
Ken Rideout
Thanks a lot for being with us and we'll see you next
Key takeaways
- A harsh early performance review can become a reason to build skills instead of accepting someone else's judgment.
- Scott says reaching Everest's summit is only half the job because climbers still have to get down safely.
- Leaving a secure role can make sense when the work no longer matches a person's purpose.
- IRONMAN depends on athlete feedback because the experience matters to people at every pace.
- The Gobi March gave Ken and Scott a demanding first experience that helped form their friendship.
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