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495: The Science Behind Taking Risks (and Why They Definitely Pay Off)

495: The Science Behind Taking Risks (and Why They Definitely Pay Off)

FromBiggerPockets Real Estate Podcast


495: The Science Behind Taking Risks (and Why They Definitely Pay Off)

FromBiggerPockets Real Estate Podcast

ratings:
Length:
62 minutes
Released:
Aug 15, 2021
Format:
Podcast episode

Description

It often seems like the most successful people are the ones who take the most risks. There’s no surprise that at one point, billionaire entrepreneurs were given the choice to either stay where they stood or leap for something greater. This is something that today’s guest, Sukhinder Singh Cassidy, understands. She’s helped lead some of the biggest companies around like J Crew, Stitch Fix, TripAdvisor, and Urban Outfitters (just to name a few).The one thing that Sukhinder has found throughout her years in Silicon Valley and through writing her new book, Choose Possibility, is that groundbreaking leaders don’t just take one big risk, they take several small ones. This works for real estate investors too. If you’ve just gotten into real estate investing education, the first step for you isn’t to go out and buy a house, it’s to join a meetup, contact an agent, or even join the BiggerPockets forums. These are what Sukhinder calls the “minimum viable choice”. Don’t worry about doing everything, just do something!Sukhinder gives some great advice on leadership for those in executive business roles, plus how to find talent in this increasingly competitive market. If you’re just starting in your career, take Sukhinder’s advice and do great work for great people, the rest will fall into place.In This Episode We Cover:How Sukhinder’s love of entrepreneurship began“Coconut events” vs. “subway events” (and how you can plan for both)Embracing uncertainty and calculating your risksStarting in Silicon Valley and building a strong reputation Choosing to make the “minimum viable choice” whenever possibleHow to know whether you’re managing others or having others manage youWhat leaders and business owners can do to attract the best talentAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets CalculatorsBiggerPockets Youtube ChannelOpenDoor CapitalBrandon and David’s BooksBiggerPockets Podcast 447: Create Your Dream Life in 3-5 Years Using Vivid VisionsBiggerPockets Podcast 407: Buying 100+ Houses/Year in 4 Hours/Week Using Teams, Traction, and (Get this…) TikTokChoose Possibility WebsiteClick here to check the full show notes: https://www.biggerpockets.com/show495See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 15, 2021
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.