Harvard Business School Vice Dean Rob Kaplan, Bloomberg’s Adam Johnson and Entrepreneurial Instinct author Monica Mehta discuss the inner working of the entrepreneurial mind and the role of behavior and brain chemistry in taking smart risks.
Tag Archives: the entrepreneurial instinct
Deidre Bolton of BloombergTV Money Moves and author Monica Mehta discuss how entrepreneurs’ minds are wired to take risks.
“It’s not much good having a map if you can’t see the road and don’t even know where you want to go,” said Monica in a free teleclass for the Texas Conference for Women. “If evolution is the norm, then the way you prepare for the journey must accommodate the unexpected.” In this free 20 min podcast catch best practices from Monica on starting a business with instinct.
In recent years, University of Pennsylvania psychologists that specialize in the study of success have pinpointed the traits most closely linked with exceptional achievement. More so than talent, IQ or even self control, they determined it’s persistent passion or the ability to stay on track for a very long period of time when the going gets tough.
In their study of underprivileged kids that beat to odds (to graduate from HS and go onto college), 300 geniuses that realize their potential, West Point cadets that survive grueling training, it’s the same trait or what they describe as Grit that leads to exceptional success. Grit is a theme that popped up over and over in my interviews with self made entrepreneurs as I conducted research for The Entrepreneurial Instinct.
I was fascinated to see the same themes pop up in a new short film about Arnold Schwarzenegger’s early years. Before he was a body building champ, actor and politician, he was a teenager in Austria with a vision that no one could quite understand. Listen to his conversation with Grantland’s Bill Simmons: