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TED Talks Daily

3 ways to measure your adaptability -- and how to improve it | Natalie Fratto

TED Talks Daily

TED

Creativity, Ted Podcast, Ted Talks Daily, Business, Design, Inspiration, Society & Culture, Science, Technology, Education, Tech Demo, Ted Talks, Ted, Entertainment, Tedtalks

4.1 β€’ 11.9K Ratings

πŸ—“οΈ 5 July 2019

⏱️ 7 minutes

🧾️ Download transcript

Summary

When venture investor Natalie Fratto is determining which start-up founder to support, she doesn't just look for intelligence or charisma; she looks for adaptability. In this insightful talk, Fratto shares three ways to measure your "adaptability quotient" -- and shows why your ability to respond to change really matters.

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Transcript

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0:00.0

This TED Talk features venture investor and writer Natalie Frato, recorded live at TED Residency 2019.

0:10.4

I met 273 startup founders last year, and each one was looking for money.

0:17.0

As a tech investor, my goal was to sort through everyone that I met and make a quick determination

0:22.2

about which ones have the potential to make something really big.

0:26.6

But what makes a great founder?

0:28.6

This is a question I ask myself daily.

0:31.2

Some venture capitalists place bets based on a founder's previous background.

0:35.4

Did they go to an Ivy League school?

0:37.4

Have they worked at a blue chip company?

0:39.3

Have they built out a big vision before?

0:41.5

Effectively, how smart is this person?

0:44.5

Other VCs assess a founder's emotional quotient, or EQ.

0:48.8

How well will this person build teams and build rapport across customers and clients?

0:55.9

I have a different methodology to assess startup founders, though, and it's not complicated. I look for signs of one specific trait,

1:02.2

not IQ, not EQ, it's adaptability. How well a person reacts to the inevitability of change and lots of it. That's the single most

1:12.4

important determinant for me. I subscribe to the belief that adaptability itself is a form of

1:18.0

intelligence, and our adaptability quotient, or AQ, is something that can be measured, tested,

1:24.5

and improved. AQ isn't just useful for startup founders, however.

1:29.3

I think it's increasingly important for all of us,

1:31.3

because the world is speeding up.

1:33.3

We know that the rate of technological change is accelerating,

1:36.3

which is forcing our brains to react.

...

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