In this book, Angela Duckworth presents a compelling argument that success is driven more by grit, a fusion of relentless passion and perseverance, than by talent. She explains what grit is, how to identify and develop it, and how it can be grown through stages such as developing interests, consistent practice, finding a pro-social purpose, and cultivating optimism. The book is structured in three parts: explaining what grit is and why it matters, how to grow grit from the inside out, and how to grow grit from the outside in, targeting parents, coaches, teachers, and organizational leaders. Duckworth supports her arguments with personal stories, historical insights, and interviews with high achievers from various fields.
In 'Quiet', Susan Cain presents a comprehensive argument that modern Western culture misunderstands and undervalues the traits and capabilities of introverted people. She charts the rise of the 'Extrovert Ideal' and explores how it permeates various aspects of society, including workplaces, schools, and social interactions. Cain draws on research from biology, psychology, neuroscience, and evolution to demonstrate that introversion is common, normal, and valuable. The book offers advice for introverts on functioning in an extrovert-dominated culture and advocates for changes to support and recognize the contributions of introverts. It also distinguishes between introversion, shyness, and anti-social behavior, and highlights the unique strengths of introverts, such as deep thinking, persistence, and excellent negotiation skills.
In 'Risks and Returns: Creating Success in Business and Life', Wilbur Ross shares his journey from humble beginnings to becoming a Wall Street legend and Secretary of Commerce. The book provides candid reflections on his career, including high-profile bankruptcies and interactions with influential figures like President Trump. It offers readers practical strategies for achieving success in business and life.
Wilbur Ross is a prominent figure in global finance with over half a century of experience in investment banking and private equity. Named among Bloomberg Markets' 50 most influential people in global finance, Ross has built a significant legacy. He served as the 39th US Secretary of Commerce under the Trump administration. Known for his expertise in navigating economic crises, Ross has been honored with numerous awards, including a medal from South Korea's President Kim Dae-Jung and Japan's Order of the Rising Sun, Gold and Silver Star. He recently authored a book detailing key anecdotes and moments from his extraordinary life and career.
Episode Summary:
king, private equity, and his tenure in the Trump administration. The discussion offers practical wisdom and insightful anecdotes, making this an episode packed with valuable lessons for anyone interested in economics, business, and public policy.
The conversation transitions smoothly through various impactful stages of Ross's life, shining a light on the critical influences that shaped his path, such as his mentor General Georges Doriot. Ross shares the significance of Doriot's teachings, which range from professional appearance to public speaking, and how they have played an integral role in his success. Additionally, the episode sheds light on Ross's time in Washington, emphasizing the unique power dynamics and the importance of titles within governmental structures, providing listeners with a well-rounded perspective on the intersection of business and politics.
Key Takeaways:
Versatility in Career: Ross discusses the importance of having multiple career phases—business, government, and intellectual pursuits—mirroring the diverse paths taken by his mentor, General Dorriott.
Mentorship Influence: The stepping stones in Ross's career were significantly shaped by General George F. Dorriott, whose teachings on conduct, presentation, and public persona left a lasting impact.
Power Dynamics in Washington: Ross underscores that Washington's primary currency is power, heavily influenced by one’s title, affecting social standings and influence, which contrasts sharply with other sectors.
Unprecedented Personal Branding: Ross notes that Donald Trump’s transition from business to presidency is marked by his unparalleled personal brand, making him a unique figure even before his political career.
Retrospective Advice: Reflecting on his career, Ross wishes he had transitioned to entrepreneurship earlier, emphasizing the value of taking bold steps sooner rather than later.
Notable Quotes:
“I think it's having several different careers just as he did. He had the commercial career, he had the government career in the form of the military, and he had an intellectual career in terms of the schools.”
“The unusual thing I noticed was that the power of a title varies inversely and exponentially with its length.”
“The people who rule the world wear long socks and Hermes ties.”
Resources:
Buy Wilbur Ross’s New Book
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