Masters in Business

Erika Ayers Badan on Digital Innovation

12 snips
Jun 13, 2024
Erika Ayers Badan, CEO of Food52, discusses her career journey from legal and marketing backgrounds to CEO roles. She shares insights on leadership challenges, building businesses, and parallels between cryptocurrency and stock development. The conversation delves into Barstool's transformation, high-pressure environment, embracing failure, and the impact of digital innovation on media consumption.
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ANECDOTE

Erika's Bold Leap to Barstool

  • Erika Ayers Badan met Barstool founder Dave Portnoy in a hectic coffee shop meeting and felt instantly alive and excited about the company's potential.
  • She was drawn by Barstool's bold, no-holds-barred comedy brand and desired to lead the company despite skepticism.
ADVICE

Learn From Everyone Humble

  • You can learn from everyone at work, regardless of their role, if you are curious and humble.
  • Learning requires putting aside ego to gain insights and build trust with others.
ADVICE

Embrace Failure for Growth

  • Getting comfortable with failure is crucial; it means you're trying and learning continually.
  • Regularly reflect post-action to internalize lessons and improve future decisions.
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