Take bigger risks, w/Shellye Archambeau
Masters of Scale
WaitWhat
4.6 • 4.4K Ratings
🗓️ 26 March 2019
⏱️ 43 minutes
🧾️ Download transcript
Summary
If you try to avoid risk, you actually risk total failure. Or worse: mediocrity. Take it from Shellye Archambeau. She led the most stunning Silicon Valley turnaround you’ve never heard of. She took the role of CEO for a failing tech company, months from bankruptcy. Through a series of calculated risks, she led it through a complex merger, a head-spinning pivot, and grew it into MetricStream, which now boasts 1,200 employees and a valuation in the hundreds of millions. How? Clear goals and big risks — the same principles that have defined her career. With a cameo appearance by poker champion Liv Boeree.
Read a transcript of this interview at: https://mastersofscale.com/shellye-archambeau-take-bigger-risks/
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Transcript
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| 0:00.0 | Hi, it's Bob Safian. You've been hearing me as the host of rapid response in this feed for a few years now, |
| 0:07.8 | with short newsy interviews alongside the deeper dives of Masters of Scale. Well, I'm excited to share that rapid response is expanding into its own feed. |
| 0:17.0 | We'll be putting out shows twice a week, focusing on the urgent issues that business leaders are dealing with in real time. |
| 0:24.8 | So search for rapid response in your podcast player |
| 0:28.0 | and subscribe to make sure you get all our episodes. |
| 0:31.2 | I'll see you on the other side. |
| 0:32.8 | There's the six of hearts. Still in the lead with a ace high, |
| 0:39.6 | open at a straight draw, seven of diamonds on the river. |
| 0:42.4 | Imagine yourself at a poker table. Straight draw, seven or diamonds on the river. |
| 0:42.6 | Imagine yourself at a poker table. |
| 0:45.1 | The game has been intense, the players are sweating, |
| 0:48.1 | the pot is growing, and you're winning. |
| 0:51.2 | Every hand is folded except one last opponent. Now you're head to head and |
| 0:56.1 | you're holding the cards that could score you a life-changing pot of money. |
| 1:04.0 | That's the situation Live Bari found herself in, back in 2005. |
| 1:08.0 | It was a once in a lifetime experience. |
| 1:11.0 | For me as a jobless graduate with absolutely no money, it was just like, I can't believe I might |
| 1:17.5 | be about to win this. |
| 1:19.9 | Up for grabs, almost $200,000. |
| 1:23.0 | But this wasn't the only source of pressure, |
| 1:25.2 | because Live was a contestant on a poker-themed reality TV show. |
| 1:29.6 | She was one of the card-playing novices |
... |
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