The Ostroff File Featured

6:59am EDT September 21, 2006
Born: 1960, Brooklyn

Bachelor of science degree, communication and journalism, Florida International University

What is the most important business lesson you’ve learned?
You have to have the best team around you. Unless you have people that you know are the strongest team that you can put together, you can be as passionate, as competitive and as focused as you could possibly want to be, but you need to have that team behind you or else you will never accomplish your goal.

What is the biggest business challenge you’ve faced, and how did you overcome it?
There are so many. I don’t believe in the word ‘can’t,’ and I don’t believe in the word ‘no.’ When there is a will, there is a way. As a result, the biggest challenges that I’ve faced are the challenges that seemed the most impossible.

It’s everything from when I was 18 when I decided I wanted to be a reporter, nobody would hire me, and I literally sat on the doorstep of the news director until he would hire me to coming into a network like Lifetime when it skewed so old — the average audience was in their 70s.

The challenge was to get the network to be younger and to be competitive. We were able to build the network into the No. 1 cable network, not only for women, but the No. 1 cable network.

Ostroff on knowing your limits:
It’s a great strength to be able to recognize your weaknesses. You can then supplement whatever your weaknesses are and be the strongest executive you can be. Everybody has weaknesses.