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Masters of Scale

Strategy Session: How to build trust in a brand-new space? How do you balance limited cash and big ambitions?

Masters of Scale

WaitWhat

Business, Jeff Berman, Startups, Reid Hoffman, Management, Diversity & Inclusion, Mindset, Bob Safian, Entrepreneurship

4.64.4K Ratings

🗓️ 23 August 2022

⏱️ 52 minutes

🧾️ Download transcript

Summary

How can small businesses survive in times of volatility? How should an entrepreneur balance limited resources with big ambitions? Reid Hoffman and Bob Safian answer questions from small business owners in the Masters of Scale community. Plus: another round of Pivot Point, and a Need to Know segment.

Learn more about becoming a Masters of Scale Member: www.mastersofscale.com/members

Read a transcript of Strategy Session 13 at https://mastersofscale.com/strategy-session-13-how-to-build-trust-in-a-brand-new-space/

Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribe

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Transcript

Click on a timestamp to play from that location

0:00.0

Hey listeners, this is Chris Gotier, I'm one of the producers of Masters of Scale.

0:04.8

I want to tell you about a show from our friends at Harvard Business Review that might help

0:08.5

you better understand the world of business.

0:11.2

It's called HBR IdeaCast.

0:14.2

Each week, Harvard Business Review editors bring you the world's leading business and management

0:18.5

experts.

0:19.5

But it isn't just another business podcast.

0:21.9

We think you will find so many connections from IdeaCast to how we hear at Masters of

0:26.6

Scale think about scaling our business.

0:29.8

For instance, they often approach business challenges from contrarian points of view,

0:33.8

telling surprising stories like, what can we learn from NASA about managing high-risk

0:38.9

projects?

0:40.4

And what can a comedian teach us about using humor to lead a team?

0:45.0

Subscribe to HBR IdeaCast on Apple Podcasts or wherever you get your podcasts.

0:50.2

Now onto the show.

0:52.2

Hey listeners, it's Bob.

0:54.6

Today we're sharing our second live strategy session of the summer which we recorded in

0:59.2

front of a virtual audience of small business owners and Masters of Scale members.

1:04.0

It's part of our three part summer sprint series of strategy sessions.

1:08.4

In these episodes, read answers a series of questions from entrepreneurs with in-depth

1:13.9

analysis on how to respond to the challenges their businesses are facing today.

1:18.7

You'll hear reads live answers to those questions as well as a return of our famous pivot point

...

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