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The Learning Leader Show With Ryan Hawk

396: Scott Galloway - Making Predictions, Sharing Love, & Turning Crisis To Opportunity

Duration
48m
Broadcast on
13 Dec 2020
Audio Format
other

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Full show notes at www.LearningLeader.com

Twitter/IG: @RyanHawk12

Episode #396 - Scott Galloway: Professor at NYU Stern, best-selling author, entrepreneur (started 9 firms)

Notes:

  • Scott and I have the same book agent, Jim Levine. It's the first person Scott thanks in the Acknowledgement section of his latest book... "Jim is someone I can go to for help with any aspect of life. He's much more than just a book agent. You need people in your kitchen cabinet that you can go to."
  • Sharing admiration for others? Why did Scott struggle with this when he was younger?
    • "We should do this. It doesn't make you less impressive because you shared your admiration for someone else."
    • "The greatest untapped resource = good intentions, good thoughts. Express them. Verbalize them. Don't let that resource go to waste."
  • Leaders should be constantly giving praise to the people on their team. Send the quick email, give the shout out. "People need watering. Give them recognition. Notice others, let them know when they do good work. That's how you recruit and retain great people. That's how you build loyalty."
    • Action step: Call the parents of the young people on your team. Tell them their daughter or son is doing excellent work and are a joy to work with...
  • "Be the man your kids think you are." It's motivating to try to live up to those standards. Life is about those moments with your kids.
  • The key to excellence?
    • "Success is not my fault. I grew up as a heterosexual white male, born in 1964. We have this problem of conflating luck with talent."
  • Commonalities of leaders who sustain excellence?
    • Competence - Must be highly competent in one area. "You must demonstrate excellence. Be outstanding at it."
    • Grit - "As the leader, I wanted to show my team I was willing to pull all nighters when needed. I would never ask my team to do something I wasn't willing to do."
    • Empathy - "You have to want others to win. You have to leverage all your talents to help others be successful. That creates loyalty."
  • "People's loyalties are misplaced. Don't be loyal to companies, be loyal to people."
  • Why make predictions? "It's not about being right. It's about catalyzing a conversation. I want ideas to have sex."
    • "Plans are useless but planning is invaluable."
    • "Once a prediction happens, it seems obvious."
  • When I go to keynote speaking engagements, I'm often asked about Scott Galloway. He's become the person so many men follow? Why?
    • "Most business news is PG13. I'm the rated R version and I speak my mind. There aren't enough people doing that."
    • "Most guys have trouble talking openly about their feelings. We have trouble expressing our emotions. Men want to do it, but don't. That's what I do."
      • "Write as if your kids will read it in 30 years."
  • In Chinese the word for crisis… the first character means danger, and the second is translated as a critical juncture
  • A Scottish MP George Galloway said "nothing can happen for decades and then decades can happen in weeks"
For some reason, people, especially men, have a difficult time really speaking openly and honestly about the reward they get from the people they love, their affection and love they feel for other people, and some of their weaknesses and their insecurities. So I think that's the place where I like to think I show some, I don't know what the term is, courage or bravery. I try to write as if no one's going to read it. When I write my blog, I try to write it as if my kids will read it in 30 years or 40 years when I'm gone and feel as if they understand me better. And imagine no one else will read it. Because sometimes I read it and I think that's a little bit, I get a little bit embarrassed and I think, you know, people like that. People like you expressing yourself and being vulnerable. This episode is brought to you by a very special advertising partner for me. In fact, this is an endorsement of how great their product is. Because this year for Father's Day, I got my dad story worth and what it is, each week story worth will send a question to your loved one or you can choose the question. It is then sent through story worth platform. The person you then buy this gift for will respond to your question and can add in some cool pictures to help with the memories and at the end of 52 weeks story worth will compile all of your stories, including the photos into a beautiful, keepsake book that's shipped for free. And this is a book that I know my family will treasure forever. It is a highlight of my week seeing the responses that my dad has given to these questions. In fact, I'm learning so much about him and his life that I didn't know before, which is amazing considering how much we talk. And so I would urge you to give your loved ones the gift of spending time together wherever you lived with story worth. Get started right away with no shipping required by going to story worth dot com slash leader. So get $10 off your first purchase, that's story worth dot com slash leader. Welcome to the learning leader show presented by Rixie and Meyer. I am your host, Ryan Hawk. Thank you so much for being here, text learners to 44222. In order to join tens of thousands of learning leaders from all over the world, receive mindful Monday updates. What I'm reading, writing, watching, thinking about it, it'll also give you more details about how my book Welcome to Management will help you become a more effective leader text learners to 44222. Now on to tonight's feature leader. He's back the great Scott Galloway professor at New York University Stern School of Business where he teaches brand strategy and digital marketing to MBA students. He's a serial entrepreneur has founded nine firms, including L two red envelope profit and section four. He's been named one of the world's 50 best business school professors. He's written multiple best selling books, including the four, the algebra of happiness and most recently post Corona from crisis to opportunity. A few of the topics we discussed Scott shares. The greatest untapped resource in the world and how our awareness of it will make us better leaders. And then the three mandatory qualities that leaders must possess if they care to build a business and then Scott shares why he regularly makes predictions and why you as a leader

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