Laura Huang | Find Your Edge: Learning How to Turn Adversity into Advantage
Hidden Forces
Demetri Kofinas
4.8 • 1.6K Ratings
🗓️ 9 March 2020
⏱️ 58 minutes
🧾️ Download transcript
Summary
In Episode 125 of Hidden Forces, Demetri Kofinas speaks with Harvard's Laura Huang about her research into intuition and behavior as it relates to investing and entrepreneurship. Rather than focus on our shortcomings, Laura teaches us how to turn adversity into advantage.
The title of Laura's book is an acronym that stands for four different words: Enrich, Delight, Guide, and Effort. The foundation of our edge, according to Laura, comes from our ability to provide value to and enrich those around us. Those who have an edge find ways to enrich and bring value to others rather than posturing about the supposed value they bring (we all know people like that). Those who have an edge, however, are also able to demonstrate and effectively communicate the value they bring, rather than leaving it up to others to guess. However, before we can enrich others, we have to be let in. Those who already have an understanding of how they enrich are most equipped to delight. Delighting isn't synonymous with being charming or entertaining, or charismatic in the typical sense. And everyone has the power to delight. Delight can help pacify skepticism and misgivings. The third letter stands for "Guide." When we know (and can figure out) how others see us, it gives us the capacity to guide and redirect that perception, so that we can influence how they grasp and appreciate the value we command and the edge we bring. Finally, Laura points out how "Effort" and hard work reinforce the edge that we create for ourselves. Sometimes it's as much what we do as it is the effort that we put into not doing other things. Don't be mistaken—hard work is critical. But ultimately, gaining an edge requires hard work, plus.
This is a great episode for anyone struggling with figuring out how to turn hard work into success.
You can access this week's overtime segment, transcript, and rundown through the Hidden Forces Patreon Page. All subscribers also gain access to our overtime feed, which can be easily added to your favorite podcast application.
Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou
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Transcript
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| 0:00.0 | Today's episode of Hidden Forces is made possible by listeners like you. |
| 0:04.4 | For more information about this week's episode or for easy access to related programming |
| 0:09.7 | visit our website at hidden Forces. I.O. and subscribe to our free email list. |
| 0:16.4 | If you listen to the show on your Apple Podcast app, remember, you can give us a review. |
| 0:21.5 | Each review helps more people find the show and join our |
| 0:24.9 | amazing community. And with that, please enjoy this week's episode. And the What's up everybody? My guest today is Laura Huang, an associate professor at Harvard Business School who has been |
| 0:55.2 | named one of the 40 best business school professors under the age of 40 by poets and quants. |
| 1:02.4 | Her research has been featured in the Financial Times, |
| 1:05.0 | The Wall Street Journal, USA Today, Forbes and Nature. |
| 1:09.0 | And she's here today to speak to us |
| 1:12.0 | about her recently published book, Edge, how to turn adversity |
| 1:16.5 | into advantage. |
| 1:17.5 | Laura, welcome the Hidden Forces. |
| 1:20.5 | Thank you. |
| 1:21.5 | So it's such a pleasure to be here. It's great having you here. I was saying, |
| 1:24.4 | normally I do the intros afterwards after I've listened to the show and all that stuff, but I have a really |
| 1:30.1 | compressed schedule and part of it is due to the fact that I did the last leg of my |
| 1:34.8 | coronavirus bug out shopping this weekend. |
| 1:38.8 | Uh-huh. It's been crazy with the shopping. I went to Costco over the weekend and they had run out of meat. I mean you go to |
| 1:45.2 | Costco to stock up on this meat. They had no chicken so I think lots of people have been doing the same thing. |
| 1:51.6 | So there's actually a friend of mine gave me advice on this. |
| 1:55.6 | He's helped me stock provisions in general and prepare for the zombie apocalypse as a larger sort of |
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