4.6 • 2.7K Ratings
🗓️ 7 October 2021
⏱️ 47 minutes
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0:00.0 | This isn't your average business podcast and he's not your average host. |
0:06.4 | This is the James Altiger Show. |
0:10.0 | Today on the James Altiger Show. |
0:16.4 | General Stanley McChrystal, this is the guy who first off he's a retired US Army general. |
0:23.6 | He led our command in Afghanistan in the O.O. |
0:27.6 | I mean, he's been heavily involved in the military for Russia's career. |
0:32.6 | Then after he retired as a general, he was on the board of Deutsche Bank and other companies. |
0:38.6 | He's taken a lot of risks. |
0:40.1 | He's risked his life. |
0:41.5 | He's been responsible for, you know, decision life and death decisions for many people. |
0:46.8 | And so he wrote a book called Risk, a user's guide, which from the guy who probably is taking |
0:52.9 | more risks than just about anyone else on the planet, I wanted to read it. |
0:57.5 | And there's so many stories ranging from his stories in Afghanistan, the stories about |
1:01.8 | Martin Luther King, the stories about the financial crisis, the COVID, the Civil War, the French |
1:10.7 | and Indian War. |
1:13.0 | Lots of great stories and a really solid methodology about how to think about risk, which is so important |
1:19.3 | for entrepreneurs and investors. |
1:20.8 | And I find most entrepreneurs I know fail, not because they didn't have a good idea, |
1:25.3 | but because they didn't take into account all the risks. |
1:28.8 | And the risks are always more than you think. |
1:31.4 | As Mike Tyson says, you could prepare all you want for a fight, but it's all out the |
1:36.0 | window once you get hit in the face. |
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