risk-taking

For some entrepreneurs, risk is just part of the game. But for the reluctant entrepreneur, whose endeavors come as a response to a need they've identified, risk can feel more like a necessary evil. That’s why you need to learn to harness risk. Stacey Abrams, an entrepreneur and scale leader both in and outside of politics, is a perfect example of how harnessing risk can be key to your success. Outside of politics, she’s started three companies with her business partner, Lara Hodgson. Their new book, Level Up: Rise Above the Hidden Forces Holding Your Business Back, dives into the lessons learned from those experiences. She also founded and scaled two voting rights organizations: the New Georgia Project and Fair Fight Action, as well as the census mobilization effort Fair Count and the Southern Economic Advancement Project.

Read Level Up: Rise Above the Hidden Forces Holding Your Business Back, by Stacey Abrams and Lara Hodgson: https://amzn.to/36bw5Ay

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It takes fungi-sniffing dogs, back-room deals, and a guy named “The Kingpin” for the world’s most coveted morsel to end up on your plate. Zachary Crockett picks up the scent.

For transcripts, links and more information, please visit the Speaking of Psychology Homepage.

Tetris is one of the most popular video games of all time, and Henk Rogers helped make it happen. He first discovered the game at a convention in 1988, and immediately saw how elegant and addictive it was. As a software developer based in Japan, Henk set out to obtain selected publishing rights, but waded into a tangle of red tape that stretched from Japan to the U.S. to the Soviet Union. He eventually ventured behind the Iron Curtain to bluster his way into the obscure government office that managed Tetris. While in Moscow, Henk also met the game’s inventor, Alexey Pajitnov, and the two of them hit it off. After much legal wrangling across many time zones, Henk and Alexey won the worldwide rights to the game; and today, Tetris has sold over 500 million copies.

This episode was produced by Sam Paulson, with music by Ramtin Arablouei and Sam Paulson.

Edited by Neva Grant, with research help from Katherine Sypher.

You can follow HIBT on Twitter & Instagram, and email us at hibt@id.wondery.com.

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Sponsorship and business inquiries: calebhammer@creatorsagency.co 

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Timestamps:

CLASH OF THE TITANS - Go To moorevleeds.com to find out more

Your Host, Rob Moore, goes on Ben Morton Leadership to share his experience of being an entrepreneur and the ups and downs that come with it. Rob emphasizes the importance of committing to your business and doing whatever it takes to make it work. He shares his own experience of being in massive debt and feeling ashamed, but using that as motivation to start his own business. Do not wait for external events to create commitment and accountability; Rather create it yourselves. Say yes when you're on the fence, and figure out how later on. Overall, being an entrepreneur can be challenging, but with commitment and persistence, it can be a fulfilling and successful journey.

BEST MOMENTS

- "Looking back, the only risk would have been to not start my own business."

- "I'm proud that in 17 years, I've never gone bust. I've never sunk anyone's money. I've never lost investor money. I'm proud of that. And I don't want that on my conscience."

- "in order to write a good song, you've got to write a lot of shit songs."

- "So actually getting started and being in the field of play, that's actually the biggest decision."

- "I believe one of the greatest sources of unhappiness is unrealistic expectations of other human beings."

- "even if everything is falling to shit around me, I'm not going to use anyone as a punch bag."

- "managing and channeling and controlling my emotions would give me great rewards in business. Oh, when it just so happens to give you great rewards in life"

- "That's not being honest. That's being a shit leader."

VALUABLE RESOURCES

https://robmoore.com/
bit.ly/Robsupporter  
https://robmoore.com/podbooks
 rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979

disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Kim Congdon and Sara Weinshenk are stand-up comics and hosts of the "This Bitch" podcast. 

https://linktr.ee/Kimcongdon

https://linktr.ee/saraweinshenk

My guest today is Shopify co-founder and CEO Tobi Lütke.  We discuss the differences between founders and professional managers, how he’s scaled with Shopify, the constant fight against bureaucracy, how he thinks about innovation in a large company, and how he manages to keep his head when everyone else is losing theirs.

A coder at heart who emigrated from Germany to Canada two decades ago, Lütke co-founded the e-commerce giant Shopify in Ottawa in 2006. The Globe and Mail named Lütke "CEO of the Year" in November 2014,  and in May 2021 the company reported that it had more than 1.7 million businesses in approximately 175 countries using its platform. As of July 2022, Shopify is among the top 20 largest publicly traded Canadian companies by market capitalization, and the company’s total revenue for 2021 was $4.611 billion. Lütke previously appeared on Episode 41 of The Knowledge Project.

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The story of Bluemercury is packed with business lessons—for starters, it’s always good to have a backup plan. That’s what Marla and Barry Beck discovered in 1999, when they realized their startup online cosmetics business was going nowhere fast. They begged the bank for a second loan so they could invest in a brick-and-mortar store in Washington, D.C., and Bluemercury was born. More lessons followed: as they grew, they distinguished themselves by offering high-end brands and personalized service, and by locating stores in fashionable urban neighborhoods, not malls. Today, Bluemercury is owned by Macy’s, with nearly 200 locations across the U.S. And Barry and Marla—who got married somewhere around the launch of store 4—raised three children along the way.

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Craig Culver says that when he opened the first Culver’s restaurant in a small Wisconsin town, there were three cars in the parking lot on a good day – and two of them were his family’s. Those early years of selling frozen custard and ButterBurgers were hard, but the business was in Craig’s blood. He grew up working in restaurants run by his parents, and Culver’s was a family affair too—one that was more challenging to run than a typical burger joint because of its large menu, with pot roast, soups, and fried fish. The restaurant wasn’t supposed to grow into a behemoth chain, but it franchised quickly, and today there are nearly 900 across the country. On a per-restaurant basis, it’s one of the most profitable quick service restaurants in the country.

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Today's episode of the GaryVee Audio Experience is a great conversation I had with Owner and Co-Founder of Rolling Loud Tariq Cherif! We talk about the beginning of Rolling Loud and how it all came together, the early days of the company, why I love event based businesses, the ups and downs of creating an event business, why everthing in life is about culture, Rolling Loud's new NFT project "Loud Punx" and much more!

Enjoy! Let me know what you thought!

Check out Rolling Loud and Loud Punx here:

Instagram: https://www.instagram.com/rollingloud/?hl=en

Twitter: https://mobile.twitter.com/loudpunxnft

Discord: https://discord.com/invite/loudpunx

Check our Tariq Cherif Here:

https://www.instagram.com/tariqcherif/?hl=en

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

Artificial intelligence researcher and author Kenneth Stanley has argued that “as soon as you create an objective, you ruin your ability to reach it.” So what should you consider when thinking about your objectives, and what will set you up for success? On this episode Stanley discusses how to set the right objectives for your life, why we’re too tied to accomplishments, what role accountability plays in our education system, the value of peer review,  why transformative innovations are always counter intuitive, and so much more.

Stanley is the co–author of Why Greatness Cannot Be Planned: The Myth of the Objective,  as well as the former Head of Core AI Research at Uber AI and the Open-Endedness Team Leader at OpenAI. He has also served as the Charles Millican Professor in Computer Science at University of Central Florida.

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On October 9, 2012, Shiza Shahid’s life changed forever. It was on that day that 15-year-old Pakistani activist Malala Yousafzai was shot in the head by a Taliban gunman, capturing the world’s attention. Before long, 22-year-old Shiza found herself leaving her corporate job to join a recovering Malala and her father in launching the Malala Fund, a nonprofit that advocates for girls’ education across the globe. 

Little did Shiza know, this venture was actually just the beginning of her entrepreneurial journey...

This week on How I Built This Lab, Shiza recounts the childhood experiences that forged her commitment to public service and advocacy—ultimately shaping her worldview and leading to her first encounter with Malala. She also discusses her pivot to the for-profit world with Our Place, the cookware company she co-founded in 2019 that’s both profitable and making an impact.

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You often hear that “there are no bad ideas” when brainstorming–but why is that? In those instances, doesn’t it feel inevitable that someone’s going to pitch a bad idea? Frans Johansson is a writer who argues that in fact, innovation actually happens when people, ideas, and disciplines intersect. Whether it’s one field of science collaborating with another, or many cultures mixing, Frans says that a wide range of perspectives are the key to seeing a problem in a totally new light. In this episode he shares examples of how diversity leads to transformation, and provides tips on how to unlock your next great idea.

Sam and Mariah Calagione started dating in high school, and have been on a wild ride ever since. Their biggest, craziest adventure? Founding Dogfish Head Brewery and forever changing the landscape of American craft beer. From the moment Sam started home-brewing in his NYC apartment, he infused his beer with unusual ingredients like cherries, maple syrup, roasted chicory, and licorice. When he and Mariah officially launched Dogfish Head in 1995, it was the smallest brewery in America’s smallest state. 24 years (and countless pints) later, it was acquired by the Boston Beer Company for $300 million. Along the way, Sam and Mariah had one random experience after another: writing a bill to legalize their own brew-pub, winning best recipe at the Delaware Punkin Chunkin, and inviting Ricki Lake to their first tasting at Sam's apartment (spoiler alert: she showed up).

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