How to Manage Fear and High Stress with Bill Smith

The EntreLeadership Podcast

Ramsey Network

Entrepreneurship, Business, Management

4.7 • 4.1K Ratings

🗓️ 13 June 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join us as our host, George Kamel, talks to Bill Smith, the founder of Shipt—a company he sold to Target for $550 million in 2017. He’s also the founder and CEO of Landing, his new venture. Bill shares the story of Shipt, including a dark time where he almost called it quits and shut the company down. He unpacks how he dealt with stress and the fear of failure and how he turned it all around. Later in the episode, George chats with Brian Williams, a Ramsey Solutions board member and the senior executive vice president of Ramsey+. Brian is known for tackling some of the most challenging problems we face as a business. He talks about ways you can manage the stress that inevitably comes with running your business. You’ll learn: How one solution saved Shipt The biggest success principle most companies overlook Something that most entrepreneurs don’t realize If you should be friends with coworkers Support our sponsors: BELAY: https://bit.ly/351P9AE Hite Digital: https://bit.ly/HiteDigital Kyro Digital: https://bit.ly/KyroDigital NetSuite: https://bit.ly/NetSuiteEntre Trainual: https://bit.ly/TrainualEntre Links mentioned in this episode: The EntreLeadership Podcast: https://bit.ly/TheEntreLeadershipPodcast Shipt’s website: https://bit.ly/3m2Lqbk Landing’s website: https://bit.ly/3x7eBR7 The Infinite Game by Simon Sinek: https://amzn.to/3x36Wln How to Play an Infinite Game with Simon Sinek: https://apple.co/3x03CHO Learn more about EntreLeadership Elite: https://bit.ly/3x40ASS Share your feedback with Tim, our producer: https://bit.ly/3bJOSmi Learn more about EntreLeadership Events: EntreLeadership Master Series: https://bit.ly/EntreLeadershipMasterSeries EntreLeadership Summit: https://bit.ly/EntreLeadershipSummit Learn more about EntreLeadership Coaching: Elite: https://bit.ly/EntreLeadershipElite Advisory Groups: https://bit.ly/EntreLeadershipAdvisoryGroups Executive Coaching: https://bit.ly/EntreLeadershipExecutiveCoaching Workshops: https://bit.ly/EntreLeadershipWorkshops Listen to all the Ramsey Network podcasts anytime, anywhere in our app. Download the Ramsey Network app: https://apple.co/3eN8jNq

Transcript

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0:00.0	On today's episode, how to handle fear of failure that can come with leading a team at
0:10.7	a successful company.
0:12.3	And then, how to deal with your stress as you step into hard situations.
0:17.3	From the Ramsey Network, I'm George Campbell, and this is the Entrez Leadership Podcast,
0:24.3	where we help business leaders like you grow themselves, their teams, and their profits.
0:28.9	Today, I'm sitting down with Bill Smith, founder of SHIPT, which he sold to Target for $550 million
0:35.9	in 2017.
0:36.9	He's currently founder and CEO of a new venture called Landing.
0:41.1	Bill's going to share the story of SHIPT, including a dark time where he almost had to
0:44.9	call a quits and shut down.
0:47.2	He's going to unpack how he dealt with that stress and fear of failure, and how he turned
0:51.2	it all around.
0:52.2	So let's get started.
0:53.2	Here's our conversation.
0:55.2	Bill, super pumped to have you on the podcast.
0:57.3	How you doing?
0:58.3	I'm doing fantastic.
0:59.3	Thank you so much for having me today.
1:00.8	I'm excited to be with you.
1:02.5	Well, I'm really excited to talk to you about your favorite topic, Failure.
1:06.6	That's something that you've had some experience with, but you've had massive success to go along
1:11.0	with it, and that's what every entrepreneur can hope for when it comes to this.
	...

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