Alli Webb, New York Times Bestselling Author, shares her journey of creating a successful hair salon chain and selling it for $225 million. She and Jay discuss the messy truths of entrepreneurship, embracing imposter syndrome, balancing personal and professional life, and navigating divorce. They also highlight the importance of intuition, paying attention to red flags, and using feedback for growth.
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Quick takeaways
Embrace imposter syndrome as an opportunity for growth and learning in entrepreneurship.
Recognize and embrace your unique skills to find success and fulfillment as an entrepreneur.
View feedback as a gift and approach it with humility and an open mind for personal and professional development.
Achieving material success and maintaining healthy relationships requires self-awareness, open communication, and a harmonious balance between personal and professional growth.
Deep dives
Embracing Imposter Syndrome
Imposter syndrome should be embraced as a natural part of embarking on something new. Rather than viewing it as a negative, see it as an opportunity for growth and learning. Embracing imposter syndrome allows you to open yourself up to feedback and new perspectives, leading to personal and professional development.
Finding Your Skill Set
Discovering your skill set is crucial as an entrepreneur. It is important to identify what you are naturally good at and passionate about. Often, we devalue our own skills because they come easily to us. However, recognizing and embracing our unique abilities can lead to success and fulfillment in our entrepreneurial endeavors.
Receiving Feedback
Embracing feedback, whether personal or professional, is essential for growth. Feedback is a gift, and viewing it as such allows us to learn from others and improve ourselves. Although receiving feedback can be challenging and even painful at times, it is crucial to approach it with humility and an open mind, knowing that it has the potential to help us become better versions of ourselves.
Balancing Material Success and Relationships
Achieving material success and maintaining happy and healthy relationships can be challenging but not impossible. It requires self-awareness, open communication, and the ability to prioritize both personal and professional growth. The key is to understand that success in one area does not have to come at the expense of the other and to constantly strive for a harmonious balance between the two.
The Importance of Open and Honest Communication in Relationships
One of the main ideas discussed in this podcast is the significance of open and honest communication in relationships, whether it's a marriage or a business partnership. The speaker highlights the challenge of having two individuals with constantly evolving minds, dreams, and aspirations. It is emphasized that staying together and growing together requires ongoing dialogue and conversation. The importance of having the right conversations with oneself and with the partner is emphasized, as well as the need to track and monitor change in order to maintain a healthy and evolving relationship.
Accepting Imperfection and Embracing Change in Relationships
Another key point discussed in the podcast is the acceptance that relationships are not meant to be perfect. The speaker shares personal experiences of feeling shame and embarrassment when relationships didn't work out as planned. However, it is emphasized that it is more remarkable for people to stay together than to separate, given the constant growth and change experienced by individuals. The message is to let go of the pressure to have a perfect relationship and instead focus on open communication, adaptation, and accepting that change and evolution are natural parts of any partnership.
The Power of Self-Awareness and Personal Growth
The third main idea explored in the podcast is the importance of self-awareness and personal growth. The speaker shares insights gained from reflecting on past relationships and identifying personal patterns and behaviors. It is highlighted that rushing into relationships out of fear of being alone can lead to unfulfilled partnerships. The lesson learned is the need to level set and understand one's own needs and communicate those effectively with a partner. Additionally, the importance of self-care practices, such as meditation and journaling, is emphasized as essential for personal growth and maintaining overall well-being.
For some, success is elusive while for others, it’s years of hard work and dedication.
But how can one truly and effectively achieve success?
How can we be as successful as the leaders we look up to?
Today, in the On Purpose podcast, Jay sits down with New York Times Bestselling Author, Alli Webb. After spending 15 years as a professional hairstylist, in 2010, she pioneered the Drybar concept, a chain of hair salons known for blowout services that quickly expanded nationwide. Jay and Alli go in depth about what the journey was behind creating a business to eventually selling the company for $225 million! Alli’s remarkable journey has landed her on the cover of Inc. Magazine, Fast Company's "100 Most Creative People in Business" list, Fortune magazine's "40 Under 40," and more.
Alli and Jay explored the messy truth about starting something new– whether it’s a business or a relationship. They also talked about the importance of intuition and paying attention to red flags in entrepreneurship and the role of passion and love for what you do.
You will also learn about how Alli balances her personal and professional life and the difficulty of navigating and ending a marriage. Remember that sometimes, we won’t always have the ‘perfect ending’ in our stories, and that’s okay.
In this interview, you'll learn:
The messy truths of entrepreneurship
The importance of acknowledging imposter syndrome and using it as a source of motivation and growth
The challenges and risks associated with starting and running a business
How to take feedback as a gift
How to cope with life changes and challenges
Remember that the most beautiful masterpieces are often created from the messiest of beginnings.
With Love and Gratitude,
Jay Shetty
What We Discuss:
00:00 Intro
02:50 Success Is Messy
03:55 The Truth About Starting A Business
05:55 Anyone Can Be An Entrepreneur
07:40 ‘I never thought I would be successful’
10:30 From Hobby To Business
13:20 DON’T Think About The Money
14:26 The 2 Secrets To Success
15:56 Being Right Or Being Delusional?
20:05 How To Find Your Passion
22:04 Finding The Right Business Partners
25:31 Making Your Idea Work
27:21 Dealing With Potential Failure
29:22 Feeling Like An Imposter
33:00 The One Piece Of Advice For Success
37:00 How To Accept Criticism
40:50 Can You Be Successful AND Happy?
45:10 Finding Love During Chaos
48:25 Navigating Challenges In A Relationship
51:15 How To Balance Your Life
54:01 Finding Closure Within Yourself
57:30 How To Cope With Uncertainty
1:00:29 Hardest Part Of Divorce
1:04:58 What Do You Need To Change About Yourself?
