

Heroes & Myths in Entrepreneurship -- Guy Raz
Sep 12, 2020
Guy Raz, an award-winning NPR host and author of "How I Built This," delves into the messy realities of entrepreneurship. He challenges the classic hero's journey narrative, pointing out that success is riddled with failures and crises. Raz discusses the power of storytelling in shaping brand identities and engaging communities. He also contrasts strategic buzz with genuine word of mouth, emphasizing the authenticity that drives customer connections. Ultimately, he redefines entrepreneurship, celebrating everyday creators who understand market needs.
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Spanx Origin
- Sarah Blakely, founder of Spanx, felt stuck in the wrong movie.
- This realization catalyzed her to write her own story and create Spanx.
Failure vs. Risk
- Guy Raz cautions against the fetishization of failure, especially by those with privilege and safety nets.
- He emphasizes mitigated risk-taking and distinguishes between scary and dangerous decisions.
Carol's Daughter Story
- Lisa Price created Carol's Daughter because existing skincare products didn't meet her needs as a Black woman.
- This personal itch turned into a successful business by addressing an underserved market.