24. Waking up to Problems: Lessons from the Hospital Bed w/ Mauricio Rauld
Dec 28, 2023
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Guest Mauricio Rauld shares his experience of running a law firm while in the hospital, highlighting the importance of seeking help and avoiding burnout. The podcast covers topics such as the challenges faced during a hospital stay, the mindset shift of transitioning to entrepreneurship, the significance of freedom of speech in a capitalist system, and building relationships for mutual value.
Shifting from 'I can't do this' to 'How can I do this?' opens up possibilities and allows for problem-solving.
Developing niche expertise and specialized knowledge in a specific area enables professionals to offer valuable guidance and alternative solutions to clients.
Deep dives
The importance of asking better questions and finding solutions
In this podcast episode, the speaker emphasizes the importance of asking better questions in order to find solutions. They discuss how shifting from a mindset of 'I can't do this' to 'How can I do this?' opens up possibilities and allows for problem-solving. By focusing on strategy and exploring different options, individuals can overcome challenges and achieve their desired outcomes. They highlight the value of collaboration and surrounding oneself with a team of experts who can provide guidance and support in finding creative solutions.
The power of niche expertise and specialized knowledge
The podcast delves into the benefits of developing niche expertise and specialized knowledge in a specific area. The speaker shares their experience as a securities attorney, demonstrating the advantages of deep knowledge and familiarity with the nuances of the law. By accumulating years of experience and staying informed about the latest developments, professionals can offer strategic insights and alternative solutions to clients. This expertise allows for a more comprehensive understanding of the rules and regulations in a particular field and the ability to provide valuable guidance to clients in navigating complex legal landscapes.
Embracing humility and learning from failure
The podcast emphasizes the importance of embracing humility and being open to learning from failures and mistakes. The speaker shares their personal journey of going through a challenging health crisis and the subsequent perspective shift it brought. They discuss how experiencing vulnerability and setbacks can lead to personal and professional growth. They encourage listeners to recognize that making mistakes is a natural part of the learning process and that being willing to ask for help and surround oneself with a good team is crucial for success. The speaker highlights the value of persistence and the need to keep pushing forward, even in the face of adversity.
Challenging conventional thinking and finding new solutions
In this podcast episode, the speaker explores the importance of challenging conventional thinking and embracing alternative solutions. They discuss the limitations of relying on traditional approaches and the value of thinking outside the box. The speaker shares examples from the legal and investment realms, highlighting the significance of creative problem-solving and the ability to find unique strategies. They encourage listeners to question existing norms and consider different perspectives in order to find opportunities for growth and success.
After multiple, back-to-back surgeries, Mauricio was in the hospital for 5 weeks. But he had a law firm to run, and was working out of his laptop in his hospital bed. This proved to be unsustainable and unhealthy.
But far too often, entrepreneurs think of their own abilities as the only way to get something done. When it comes to business, that's a fast-track to burnout and declining mental (and physical) health. There's too much to do.
My story is similar, with being paralyzed over night and losing my job in the hospital. Both Mauricio and I had to get humble - we had no choice. We needed help. And we learned from that and apply it to our businesses every day.
We're sharing the lessons we learned in this episode of Saving Capitalism.