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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.

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“The goal is to get back down.”
Scott DeRue

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.

Read the transcript

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.

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.

Nowhere to Hide

A weekly letter from Ken Rideout about doing the uncomfortable part, and the reasons we use to avoid it.

It starts with 3 Days, 3 Hard Things: one short story from Ken and one hard thing to do, every day for three days. Then one letter a week.