As an entrepreneur, you’ll have to take bets every day. But one of the most important bets you’ll ever take are those on yourself - not only in business but also in your personal life.
In this episode, we talk about why you should bet on yourself, how to do it, and when you should think twice before you put your time and energy into a new endeavor. We also share our proprietary tool for calculating risk, the DICE calculator, which you can get by DMing any of us on social media (links below).
Key parts of the conversation:
- [0:38] - Today’s Topic: why you should bet on yourself
- [1:23] - How Alexa bet on herself
- [3:14] - The rules of betting on yourself
- [5:10] - The importance of values in betting on yourself
- [6:58] - The role of discipline in taking the bet
- [7:30] - Why betting on yourself isn’t always the best idea
- [12:30] - How to decide if you should take the risk with the DICE calculator
Great quotes from the podcast:
- “Sometimes, we can be overconfident and miss opportunities.“ - Alexa
- “We either get to the table and play the hand we’re dealt, or we don’t.“ - Deb
- “There are ways to hedge your bet.“ - Alexa
- “The most important thing is knowing your values when betting on yourself.“ - Cynthia
- “There are no losses in life, just lessons.“ - Cynthia
- “When you start doing things that matter to you, your discipline will cultivate itself.“ - Tonia
- “Not all risks are good to take.“ - Alexa
- “The difference between successful people and very successful people is that very successful people say “no” to almost everything.“ - Deb
Resources:
