career advancement

In choosing who to date, what job to pursue, or how to invest our money, most people are just looking for a reason to move forward. But according to Professor Ilya Strebulaev, we should be looking for something else: a reason to bail.

"The smartest venture capitalists ask a very different question from what most of us ask," says Strebulaev. Instead of asking “‘Why should we invest?’, venture capitalists approach every new opportunity with [the] question: Why should we not proceed?” This contrarian mindset is at the heart of Strebulaev's new book The Venture Mindset, which reveals how the strategies of top VCs can help anyone make sharper decisions. 

In this episode of Think Fast, Talk Smart, Strebulaev joins host Matt Abrahams to discuss how the venture mindset can help anyone — investor or not — weigh alternatives, make decisions, and move forward without looking back.

Episode Reference Links:

• Ilya Stebilaev: Website 
• Stanford Profile: Website
• Ilya’s Book: The Venture Mindset 
• Venture Capital Initiative
• Article Ilya & Alex Dang wrote: 3 Things VCs Do That Can Help You Land Your Dream Job After Getting Laid Off 
• Ilya’s co-teacher for his Venture Capital class: Brian Jacobs 
• Ep.41 Speak Like a Founder: How Successful Entrepreneurs Communicate to Their Teams YouTube / Website 
• Ep.56 Lean Messaging: How Simple Messages Really Stick YouTube / Website

Connect:

• Email Questions & Feedback >>> thinkfast@stanford.edu
• Episode Transcripts >>> Think Fast Talk Smart Website
• Newsletter Signup + English Language Learning >>> FasterSmarter.io
• Think Fast Talk Smart >>> LinkedIn Page,  Instagram, YouTube
• Matt Abrahams >>> LinkedIn
• Stanford GSB >>> LinkedIn & Twitter

Chapters:

(00:00:00) Introduction

Host Matt Abrahams introduces guest Ilya Strebulaev, founder of the GSB's Venture Capital Initiative and professor at Stanford Graduate School of Business.

(00:00:53) The Venture Mindset

Insights into the venture mindset as a new mental model for making smarter, quicker decisions.

(00:02:22) Embracing Failure

How venture capitalists embrace and learn from failure to achieve success.

(00:05:21) Decision-Making in Venture Capital

A unique approach to decision making based on what successful venture capitalists do.

(00:07:34) Applying Venture Principles in Personal and Professional Life

Venture mindset principles that can help individuals in job transitions and personal growth.

(00:10:05) Lessons from Teaching Venture Capital

Ilya outlines key takeaways he hopes his students learn from his class, including thinking differently and networking effectively.

(00:13:25) Passionate Communication

Using descriptive language to engage others, including mixing familiar terms with unique ones to enhance communication about passions

(00:15:29) The Final Three Questions

Ilya shares how he has grown from writing his book, a communicator he admires, and three ingredients for successful communication.

(00:18:59) Conclusion

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Are you GREAT at what you do but struggle to articulate your message online? You're not alone!

Personal brand coach Abbey Naylor created her business 'Bold Mood' after noticing so many AMAZING professionals weren't doing themselves justice on LinkedIn.

In this episode, Emma and Sarah chat to Abbey about LinkedIn myths, how to optimise your profile, and how building a powerful personal brand can increase your influence, impact and income!

🏀 Shoot Your Shot - Shoutout to Lara who bought us 5 coffees! "Emma and Sarah, I have been waiting patiently 8 months to finally tell you I've officially graduated from Interview Boss School and accepted my first full time role. I was seriously more excited to tell you two than I was my own mom when I got the offer. After a few years of contract jobs and freelancing I was starting my first real job search in April with no idea where to begin. Your podcast guided me through every step of the way, starting all the way at crafting my resume and cover letter, to my first interviews, thank you emails, follow up emails, best bits and even support when twice I didn't get the job after making it to the final round. You are changing lives across the globe, for me all the way over in New York City. You helped take an overwhelming, daunting, and emotionally exhausting process into something manageable. Last month I even had a friend who was up for a promotion and I sent him episodes and helped him craft his best bits teaching him what you taught me and no surprises - he got it! What you have created is a priceless resource and the two of you have become a pivotal part of my career story. I will miss hearing your Aussie accents - the way you say resume scratches my brain. I will be back again in April when I will be up for a raise. Until then - THANK YOU, THANK YOU THANK YOU and I love you!! <3"

☕ Did our podcast help you out? Want to say thank you in coffee form? Shout us a virtual coffee here: www.buymeacoffee.com/interviewboss

📄 To book an interview coaching session with Sarah, go to www.interviewboss.com.au/coaching 

💌  Follow us on Instagram

💻  Check out our website for free jobseeker resources

www.interviewboss.com.au

Mentioned in this episode:

Bold Mood

Mentioned in this episode:

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Episodes For Your Situation

Ethan Evans is a writer, career coach, course instructor, and retired VP at Amazon. During his 15 years at Amazon, he helped invent Prime Video, Amazon Video, the Amazon Appstore, Prime Gaming (formerly Twitch Prime), and Twitch Commerce. Prior to Amazon, Ethan spent 12 years in technical leadership roles at several East Coast startups. He writes a newsletter, Level Up, which publishes candid career advice and has a growing community of ambitious professionals to connect with. Ethan also offers a range of Leadership Development Courses via live online classes and on-demand courses. In this episode, we discuss:

• The Magic Loop framework: a five-step process to grow your career

• A handful of reasons why people get stuck in their career growth

• Advice on how to break out of a career plateau

• How to cultivate inventiveness in your work

• How to stand out in interviews

• A personal story of failing Jeff Bezos and lessons learned

• Contrarian opinions on the return-to-office movement and doing business on a handshake

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Brought to you by Sidebar—Accelerate your career by surrounding yourself with extraordinary peers | Sprig—Build a product people love | Arcade Software—Create effortlessly beautiful demos in minutes

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Find the full transcript at: https://www.lennyspodcast.com/taking-control-of-your-career-ethan-evans-amazon/

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Where to find Ethan Evans:

• LinkedIn: https://www.linkedin.com/in/ethanevansvp/

• Substack: https://levelupwithethanevans.substack.com/

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Where to find Lenny:

• Newsletter: https://www.lennysnewsletter.com

• X: https://twitter.com/lennysan

• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

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In this episode, we cover:

(00:00) Ethan’s background

(04:25) The Magic Loop

(08:31) The goal of the Magic Loop

(10:59) Clarifications on the framework

(12:46) Success stories

(17:22) The importance and effectiveness of the Magic Loop

(19:01) A quick summary of the steps in the Magic Loop

(21:46) What if you’re not pursuing a promotion?

(23:09) How to break out of a career plateau

(28:52) How to become systematically inventive

(36:04) Interview advice and how to stand out

(40:43) A story of failing Jeff Bezos

(50:31) Lessons learned from that failure

(57:30) What Ethan would have done differently

(01:00:35) Amazon’s leadership principles

(01:08:52) Contrarian corner: Returning to the office vs. staying remote

(01:10:39) Contrarian corner: Doing business on a handshake

(01:11:52) Lightning round

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Referenced:

• The Magic Loop: https://www.lennysnewsletter.com/p/the-magic-loop

• SDE levels: https://www.masaischool.com/blog/understanding-sde-levels-sde-1-vs-sde-2-vs-sde-3-differences/

• What Got You Here Won’t Get You There: How Successful People Become Even More Successful: https://www.amazon.com/What-Got-Here-Wont-There/dp/1401301304

• Thomas Edison’s quote: https://www.brainyquote.com/quotes/thomas_a_edison_109928

• Jeff Bezos: Amazon and Blue Origin | Lex Fridman Podcast: https://www.youtube.com/watch?v=DcWqzZ3I2cY

• Unpacking Amazon’s unique ways of working | Bill Carr (author of Working Backwards): https://www.lennyspodcast.com/unpacking-amazons-unique-ways-of-working-bill-carr-author-of-working-backwards/

• Working Backwards: Insights, Stories, and Secrets from Inside Amazon: https://www.amazon.com/Working-Backwards-Insights-Stories-Secrets/dp/1250267595

• Jeff Wilke on X: https://twitter.com/jeffawilke

• Andy Jassy on LinkedIn: https://www.linkedin.com/in/andy-jassy-8b1615/

• Werner Vogels on LinkedIn: https://www.linkedin.com/in/wernervogels/

• Amazon’s Silk browser explained: https://www.androidpolice.com/amazon-silk-browser-explainer/

• Chickens and pigs: https://www.scrum.org/resources/chickens-and-pigs

• 58% of tech employees experience imposter syndrome. Here’s how to overcome it: https://medium.com/wearefutureworks/58-of-tech-employees-experience-imposter-syndrome-heres-how-to-overcome-it-78172d8a2258

• Jeff Bezos to exec after product totally flopped: ‘You can’t, for one minute, feel bad’: https://www.cnbc.com/2020/05/22/jeff-bezos-why-you-cant-feel-bad-about-failure.html

• Amazon’s leadership principles: https://www.amazon.jobs/content/en/our-workplace/leadership-principles

• Sam Altman on X: https://twitter.com/sama

• Decisive: How to Make Better Choices in Life and Work: https://www.amazon.com/Decisive-Make-Better-Choices-Life/dp/0307956393

• Leadership and Self-Deception: Getting Out of the Box: https://www.amazon.com/Leadership-Self-Deception-Getting-Out-Box/dp/1523097809

• The Almanack of Naval Ravikant: A Guide to Wealth and Happiness: https://www.amazon.com/Almanack-Naval-Ravikant-Wealth-Happiness/dp/1544514212/

• Angel list: https://venture.angellist.com/naval/syndicate

• Naval Ravikant on X: https://twitter.com/naval

• 1923 on Paramount+: https://www.paramountplus.com/shows/1923/

• Yellowstone on Paramount+: https://www.paramountnetwork.com/shows/yellowstone

• Chuckit! dog toys: https://www.chuckit-toys.co.uk/

• Luke 12:48: https://law.utk.edu/2016/05/10/to-whom-much-is-given-much-will-be-required

• The Challenger space shuttle disaster: https://en.wikipedia.org/wiki/Space_Shuttle_Challenger_disaster

• Ethan’s popular course on Maven: https://maven.com/ethan-evans/break-through-to-executive

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Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

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Lenny may be an investor in the companies discussed.

Hey Smarties! Today we’re handing things over to the team at “The Uncertain Hour,” a podcast all about the obscure policies and forgotten histories that explain who gets left behind in this economy. In the episode, host Krissy Clark explains the origins of welfare work requirements and gets into the experience of a mother who sought help from a for-profit welfare company when she came upon hard times.

Give now to support Make Me Smart in the new year and beyond!

Ever wondered what creative approaches exist to propel professional growth? 

How can creativity become the driving force for career advancement? 

Today, Jay will guide us through the keys to mastering growth and innovation in your professional journey. He kicks off this episode with a powerful reminder: "It all begins right now." Discover how understanding your company's algorithm can be a game-changer, and learn the art of studying patterns effectively to propel your growth.  

Jay unveils the seven essential steps to drive innovation in your organization. From identifying your company's growth area to embracing acceleration as a catalyst for disruption, Jay provides invaluable insights into navigating the ever-changing landscape of success.

He moves on to share the importance of investing in what you're good at and mastering the art of creative networking. Learn how to enter the flow state and be in the zone, unlocking your full potential. Jay encourages us to connect things that may seem unexpected, unveiling the hidden gems of creativity and growth.

In this episode, you'll learn:

• How to plan for your career path 
• The ways you can excel at work
• How to make meaningful connections
• How to accelerate your career growth

Join Jay as he unravels the secrets to growth, helping you chart a course towards a brighter and more fulfilling future. 

With Love and Gratitude,

Jay Shetty

What We Discuss:

• 00:00 Intro
• 02:24 It All Begins Right Now
• 06:37 #1: Understand Your Company’s Algorithm
• 11:48 How to Study Patterns Effectively
• 13:12 #2: Identify Your Organization’s Growth Area
• 15:40 #3: If You’re Accelerating, You’re Going to Disrupt the Organization
• 17:30 #4: Invest in What You Are Good At
• 22:08 #5: Learn the Art of Creative Networking
• 23:55 #6: Be in the Flow State, Be in the Zone
• 25:54 #7: Connect Things that Seem Unexpected 

Want to be a Jay Shetty Certified Life Coach? Get the Digital Guide and Workbook from Jay Shetty https://jayshettypurpose.com/fb-getting-started-as-a-life-coach-podcast/

See omnystudio.com/listener for privacy information.

Have you been languishing in the same role at work, frustrated that you haven't been promoted to a higher position with more pay and different responsibilities?

My guest can help you level up in your career. His name is Randy Ornstein, and he's the author of Grow: The Essential Guide to Getting Promoted. Today on the show, Randy explains why getting promoted is more beneficial to your paycheck than getting a raise and his case for why you should stick with working for the same company for a long time. We then talk about the things you need to do so that management thinks of you the next time a higher position opens up. We discuss how promotable employees participate in meetings, execute their communication, study their work, and develop best practices. We also talk about when to bring up the idea of being promoted to your boss and a couple of the challenges that can come with advancing up the ranks.

Resources Related to the Podcast

• AoM Article: How To Become the Go-to Guy at Work
• AoM Article: How to Be Manager to Your Friends and Peers
• AoM Podcast #273: How to Get a Job Promotion This Year

Connect With Randy Ornstein

• Randy on LinkedIn

This week Jason is joined by New York City restaurant and nightclub owner, Will Makris!   

Will has spent the last two decades thriving in the New York hospitality industry, now owning several restaurants and nightclubs that have turned into some of the city’s hottest spots for celebrities and high profile customers from around the world. His unconventional career route to success has provided inspiration to entrepreneurs everywhere by sharing how to network, take risks, and bet on yourself. 

Will gives insight to his best advice for analyzing the people you associate with, the behind the scenes of Zero Bond, how crowds change in the nightlife scene, what goes into a members club, the blueprint he advises from someone interested in getting into the bar, membership, or restaurant space, and what role AI could play in the industry down the line. Will also reveals how the city plays a role in the approach, why the host is the best job to have in a restaurant for networking, his approach to gaining investors, how is love of hospitality keeps him motivated, how quick high quality dining is the way to go these days, and the importance of patience for the consumer. How much does it cost to start something like Zero Bond? How do you market for a membership based club? Who does he get most starstruck by? What is the  hardest job in the restaurant industry? Where do consumers overspend? 

Will reveals all that and so much more in another episode you can’t afford to miss! 

Be sure to follow the Trading Secrets Podcast on Instagram & join the Facebook

Please note that this episode may contain paid endorsements and advertisements for products and services. Individuals on the show may have a direct or indirect financial interest in products or services referred to in this episode.

Sponsors:

It’s golf. It’s not golf. It’s Topgolf. Pro-tip, download the app & book ahead of time to Come PlayAround on Half-Price Tuesday, or any other day.

Produced by Dear Media.

Today's episode of the GaryVee Audio Experience is a throwback 4Ds from 2019! Gary emphasizes the importance of culture in successful companies, where open feedback and creativity are encouraged. He also noes that building a business for the long-term is key and gives warnings about short-term greed when operating a business.

My website: www.garyvaynerchuk.com

Check out my new NFT project: veefriends.com

Join the VeeFriends Discord: https://discord.gg/veefriends

Tweet Me! @garyvee

Text Me! 212-931-5731

My Newsletter: garyvee.com/newsletter