Wisdom From The Top with Guy Raz

Failing Forward is Key: Andrea Jung of Grameen America

May 8, 2024
Former Avon CEO and current CEO of Grameen America, Andrea Jung, discusses the importance of failing forward, taking risks, and learning from challenges. She shares insights on empowering women entrepreneurs, navigating business obstacles, and reinventing leadership strategies for success.
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ADVICE

Learning from Failure

  • Fail forward and take risks, learning from mistakes is crucial for growth.
  • However, avoid repeating the same mistake twice, showing a lack of learning.
ANECDOTE

Proud Heritage

  • Andrea Jung's parents, immigrants from China, instilled cultural pride in her.
  • They emphasized education and that women can achieve anything men can.
ANECDOTE

Starting at the Bottom

  • Andrea Jung began her career with a Bloomingdale's training program despite it being low-paying.
  • Her mother encouraged perseverance, emphasizing the value of starting from the bottom.
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