Stacey Abrams, a renowned entrepreneur and political leader, is the guest, sharing her insights on harnessing risk in business. She discusses the importance of leveraging networks for product development and navigating market entry challenges, particularly for underrepresented entrepreneurs. Abrams emphasizes the thrill and trials of entrepreneurship, detailing her experiences with innovation and uncertainty. Her new book, co-authored with Lara Hodgson, encapsulates strategies for overcoming hidden barriers in business, making risk a pathway to success.
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question_answer ANECDOTE
Fishing Trip in Alaska
Stacey Abrams and Laura Hodgson's contrasting approaches to a business challenge during a fishing trip in Alaska.
Abrams prioritized efficiency, while Hodgson relentlessly pursued the goal, highlighting their complementary styles.
insights INSIGHT
Yes and But
There's room for both relentless pursuit and efficient execution in entrepreneurship.
A balance of "yes" and "but" approaches, like Abrams and Hodgson's, can lead to success.
volunteer_activism ADVICE
Harnessing Risk Aversion
Entrepreneurs driven by a need can harness risk aversion as an asset.
Don't let risks rule you; manage them strategically for success.
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How to Get Focused, Stop Procrastinating, and Upgrade Your Life
Rob Dial
Level Up by Rob Dial is a transformative self-help book that provides a groundbreaking roadmap to unlock your full potential and transform your life. It is packed with valuable insights, unique lessons, and practical steps to help you break through procrastination and take immediate action toward your goals. The book draws on cutting-edge research in neuroscience and psychology, offering tools to understand and control your mind. It also shares powerful secrets from highly successful individuals who have mastered focus and achieved extraordinary results.
For some entrepreneurs, risk is just part of the game. But for the reluctant entrepreneur, whose endeavors come as a response to a need they've identified, risk can feel more like a necessary evil. That’s why you need to learn to harness risk. Stacey Abrams, an entrepreneur and scale leader both in and outside of politics, is a perfect example of how harnessing risk can be key to your success. Outside of politics, she’s started three companies with her business partner, Lara Hodgson. Their new book, Level Up: Rise Above the Hidden Forces Holding Your Business Back, dives into the lessons learned from those experiences. She also founded and scaled two voting rights organizations: the New Georgia Project and Fair Fight Action, as well as the census mobilization effort Fair Count and the Southern Economic Advancement Project.
Read Level Up: Rise Above the Hidden Forces Holding Your Business Back, by Stacey Abrams and Lara Hodgson: https://amzn.to/36bw5Ay
Masters of Scale 