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Loews: How a summer camp grew into a corporate powerhouse

(MoneyWatch) Jonathan Tisch, chairman of Loews Hotels and co-chairman of the Board and member of the office of the president of Loews Corporation shares the story of how his family's summer camp in Lakewood, N.J., grew into one of the largest diversified financial holding companies in the United States. Tisch, author of "Citizen You: Doing Your Part to Change the World," "Chocolates on the Pillow Aren't Enough: Reinventing the Customer Experience," and "The Power of We: Succeeding Through Partnerships," also serves on the New York Giants Board of Directors. He joins The Startup to talk about his incredible journey to success.

CBS

Rebecca Jarvis: If you could hold any job or title other than your current post, what would it be?

Jonathan Tisch: Architect

RJ: What's the best advice you've ever received and who gave it to you?

JT: Protect your downside, and the upside will take care of itself...my father and uncle

RJ: What's the secret to working successfully with your family?

JT: Listening to all points of view

RJ: Where do you see the biggest opportunities in real estate today?

JT: Hopefully the hotel industry

RJ: Are you hiring?

JT: Yes, Loews Hotels is hiring. Check our websitefor information about becoming a Loews Hotels team member.

For more on Loews Hotels visit their website.

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