E243: The Gift Hidden Inside The Biggest Crisis

0:00Today I want to talk about the Herculean tasks, the 12 tasks that Hercules had to go through in the context of the most difficult tasks that we have to go through in our lives. I was just re-listening to the episode with Lloyd Blankfein where AlphaSense CEO Jack Coco interviewed him, episode 232, and he said that the thing that he reflected back on his career, that he was most proud of was helping navigate Goldman Sachs through the global financial crisis in 2008. And of course, this is somewhat of a paradox where this was also the most trying and most difficult time in his career. I've been going through some personal issues as well, literally within my entire scope of my biggest fears being realized.

1:00and frankly, I've never been more empowered going through these trials and tribulations. I've been thinking a lot about the takeaways from this. One potential takeaway, which I will leave to you, is to manufacture a crisis in your number one fear. Of course, this is not something I necessarily recommend, but there's something incredibly powerful in being attacked in the attack vector that you most fear and it has been holding you back from achieving and actualizing yourself. Joe Rogan had this experience when they tried to cancel and take away his voice several years ago. Some of the top founders that I know have come back in a very anti-fragile way from near-death experiences and specifically in areas where they're most afraid of.

1:52perhaps the advice is not manufacture crisis or try to create a crisis in your most feared aspect of your life but perhaps the answer is if and when that time comes and that judgment day comes when you must confront the number one fear that you have and that fire comes walk through that fire with pride and with hope, knowing that if you survive this crucible moment in your career, you will come out significantly stronger. I know this sounds cliche, but this is something that I am close to and in the midst of overcoming myself. I find it extremely powerful, and frankly, I wish I would have confronted these fears in myself years ago.

2:42That's it for today's episode of How to Invest. If this conversation gave you new insights or ideas, do me a quick favor, share with one person in your network who'd find it valuable or leave a short review wherever you listen. This helps more investors discover the show and keeps us bringing you these conversations week after week. Thank you for your continued support.