In this episode, we sit down with Kathryn Minshew, Co-Founder and former CEO of The Muse, to discuss her journey in the tech and entrepreneurship space. She shares her experiences from fundraising challenges and building a team to the crucial leadership lessons she learned along the way.
Kathryn emphasizes the importance of being comfortable with making unpopular decisions and the impact of integrating experienced executives into a growing company. She also delves into her recent adventures in advising companies, investing in Broadway shows, and potentially planning her next entrepreneurial venture.
Takeaways:
- Accept That Not Everyone Will Support Your Choices: As a leader, you may have access to information that others don’t, which can lead to misunderstandings. Focus on acting with integrity and staying true to your values.
- Encourage Open Dialogue but Know When to Decide: Foster a culture where team members feel comfortable expressing dissenting opinions. However, there comes a time when you must make the final decision and stand by it.
- Continuously Reevaluate Leadership Approaches: Regularly assess and refine your leadership strategies. Engage with diverse perspectives through reading, mentoring, or coaching to enrich your approach.
- Adopt a Collaborative Mindset: Effective leadership involves seeking advice and fostering collaboration. Welcoming external insights can enhance your decision-making and strengthen your team’s capabilities.
- Learn from Setbacks: Challenges and failures can offer valuable lessons. Use feedback from rejections or setbacks to improve your methods and strategies for future success.
Quote of the Show:
- “I think culturally we often still want women to be women. Really caring, really kind, really likable… but I also have to make hard calls to run a business. People punish women more when they perceive those things are in conflict.” - Kathryn Minshew
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