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Founder's Journal

It's Okay To Not Be Contrarian

Founder's Journal

Morning Brew

Entrepreneurship, Careers, Business

4.81.1K Ratings

🗓️ 8 December 2020

⏱️ 8 minutes

🧾️ Download transcript

Summary

Today I explain why you should pay attention to the most obvious decisions, and discuss the media channel that I am most bullish on. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

What is up everyone? This is Alex Lieberman, co-founder and CEO of Morning Brew, and welcome back to Founders Journal,

0:07.8

My Daily Audio Diary made public for the world, where every day I will give you the listener a backstage pass into

0:15.4

building Morning Brew to help you think better in order to build better.

0:19.7

And today we are talking about why it's okay to not be contrarian sometimes. Let's hop into it.

0:28.1

So I think that generally professionals love the idea of being contrarians. I see this talked about on

0:34.9

Twitter a lot, how you know having contrarian views is really important and I

0:41.3

believe there's the you know the famous Peter Teal line

0:45.2

where he talks about one of his favorite interview questions is to ask someone

0:48.8

what is a strongly held belief that you have that goes against consensus that you believe strongly thinking about the contrarian view is really important.

1:02.8

I don't think it is always the most suitable perspective to have in a business.

1:07.8

At the end of the day, everyone wants to be Babe Ruth in their career.

1:11.6

Everyone wants to be the person who calls a home run

1:14.4

to center field before hitting the home run.

1:17.0

But at the end of the day, not everyone is Babe Ruth

1:19.8

and not every decision you make in a business should be a home run call.

1:25.3

And what I want to talk about in this episode is how sometimes the most obvious, logical, and

1:31.5

best decisions to make are the singles and doubles in baseball not the home run swing.

1:37.0

And so here's how it goes. I've been asked a lot over the years within Morning Brew, where should Morning Brew be placing bets outside of email?

1:46.1

You know, once your business gets to a certain size and media, you're always asked for kind of like your

1:50.1

bets, your hot takes on the industry,

1:52.8

where's the puck going?

1:54.4

And the initial reaction that a lot of people have

...

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