Episode 6

full
Published on:

9th Dec 2021

A "Shiny Object" Syndrome

"One of the Biggest Detrimental Habits [for Entrepreneurs Is] a Shiny Object Syndrome"—The Entrepreneurial Marathon With Ashlee Berghoff.

This week, we turn to our final context: SMElifestyle entrepreneurs, and solopreneurs. Ashlee Berghoff tells us her insights after having swapped a corporate consultancy lifestyle for helping lifestyle entrepreneurs get out of the "messy middle" of the entrepreneurial marathon.

Last interview, we discussed experimentation at the boardroom table and predicting pandemics with Melissa Clark-Reynolds ONZM.

Next interview, we cover creativity and random bees with Rory Sutherland.

Contents—Time Stamps From the Full Podcast

  • Introduction [00:00]
  • On the Entrepreneurial Marathon, Maximizing the Chance of Success, and Dealing with Experimental Failure [06:00]
  • On People Resisting Systems, on Enabling Creativity via Systems and Constraints [10:49]
  • On Uncertainty [14:28]
  • On the Difference Between Solopreneurship and Hiring Employees When It Comes to Risk-taking and Experiments [18:29]
  • On How to Involve Your Employees in Experiments [20:47]
  • Two Anecdotes on Small Business Experimentation [25:00]
  • On the Hero Journey to Be a Guide; On Leadership and Communication [29:42]
  • On Process Versus Achievement, Perfectionism Versus Failure, and Dealing with the Messy Middle [36:56]
  • The Homework: Long-Form Reading, Writing Things down, and Business Wars [41:47]
  • Own Work of Ashlee as It Relates to SMEs and Solopreneurs, the Book, and Systems [52:45]

Links to Ashlee’s Work

Links Mentioned

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About the Podcast

Business Games
Make Better Decisions
An educational podcast where we apply game theory to business, to help you make better decisions under uncertainty.

Check out our website for the public Blog, Executive Newsletter, and Premium content: https://www.business-games.ai/

A combination of original content and guest interviews, packaged into seasons; every season revolves around a single topic.

All topics lead to making better decisions.

Designed for: Senior AND Aspiring Business Decision Makers. Are you a Solopreneur or a Student of Business? We've got content for you, too.

About your host

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Andrey Ivanov

Born in the USSR; grew up in West Auckland, NZ (Waitākere, Tāmaki Makaurau, Aotearoa); spent all my 20s in Deutschland (Mannheim, Frankfurt, Berlin) & Italia (Milano); back "out West" in Tāmaki Makaurau. A "Westie", a JAFA, vaguely Germanic, Soviet-born, a Kiwi—all in that order and proudly so. Accent vaguely Germanic and fully my own, ja?

PhD (Economics) from Universität Mannheim (Germany) where I co-authored papers on pricing & industrial organization with McKinsey consultants. NOT AN EXPERT.

12+ years strategy consultant (Germany, Italy, NZ); grew own team to 7 employees; large, listed corporations hired my firm; longest return client relationships 7, 5, & 3 years (must've been doing something right, eh?). Occasional Master thesis supervisor.

As I learnt more from being "in" business, wanted to get back to teaching and share this experience; at heart, an entrepreneurial researcher & a researching entrepreneur, an experimenter, learner, an educator & a sharer. Argh, it sounds like I'm full of myself, eh? …

I take my work very seriously & I don't take myself seriously at all—is something I learnt from one of my early clients & one of the best leaders I had the privilege to work with.