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TED Business

Ask dumb questions, embrace mistakes — and other lessons on innovation | Dave Raggio

TED Business

TED

Business, Modupe Akinola, Ted Business Podcast, Business Leadership Podcast, Ted Talks Business, Ted Modupe, Ted Talks

41.2K Ratings

🗓️ 16 December 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

To launch new initiatives within the confines of a large corporation, you'll need to work with the system, not against it, says "intrapreneur" Dave Raggio. He shares three lessons on innovation he learned the hard way — so you don't have to. Made in partnership with Intuit. After the talk, Modupe shares one small way we can get everyone working together.

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Transcript

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0:00.0

Entrepreneurs. They're the lone rangers of the business world. They're breaking rules,

0:05.8

poo-pooing bureaucracy, and kicking naysayers to the curb when they stand in the way of their

0:10.9

vision. I hear this take on entrepreneurs all the time, and I understand the instinct to celebrate

0:18.0

outliers who shake up the status quo. But there's a danger in idealizing this narrative of a renegade innovator.

0:26.3

It leaves out the possibility that more might actually be gained from working within the

0:31.7

system in partnership with others.

0:36.9

I'm Madupacanola.

0:38.8

This is Ted Business from the TED Audio Collective.

0:42.4

Our guest today is self-described entrepreneur Dave Rajio, a vice president at Intuit.

0:49.6

And he's generously sharing some of the mistakes he made doing entrepreneurial work in a large organization so that we don't follow in his footsteps.

0:58.7

Then after the talk, I'll share one small way to get everyone talking to one another in the office.

1:05.3

But first, a quick break.

1:11.5

And now Dave Raggio takes the TED stage.

1:17.5

Two years ago, I became an accidental entrepreneur, meaning an entrepreneur, but within a larger company.

1:25.0

Didn't mean to.

1:26.5

When I started it, Intuit in 2020,

1:29.2

my job was to do marketing and advertising for QuickBooks.

1:33.2

But it was in that position that I saw an opportunity,

1:36.6

an opportunity for Intuit to help connect our small business customers

1:40.5

with complementary products and services

1:42.6

that would help them grow and thrive while also

1:45.0

being good for our business. Now, I sat on the idea for a while, really wanting to focus on the work

...

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