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Back to #408 How to Make a Few MORE Billion Dollars: Brad Jacobs, with David Senra.

Why Does Brad Jacobs Stop Expecting Flawlessness?

David Senra reads Brad Jacobs's line that he stopped expecting flawlessness from himself and from other people, because perfection is impossible and losing your center is not a failure. Jacobs expects a flawed world to produce outcomes he does not like. He is okay with those outcomes. Good things can come from them, or he can learn from them. Once he dropped the demand for flawlessness, he could let go of the frustration and use the energy.

He has built that mindset into the culture of each new company he starts. Mistakes are not failures. They are the substance of growth.

Senra also reads Jacobs on why a setback still feels like an alarm. For skittish ancestors, treating a harmless rustle in the bushes as danger gave a survival edge over people who ignored potential threats. That vigilance was passed down. Today the same wiring can leave someone anxious in a safe place, with adrenaline, a racing heart, and cycles of worry. Jacobs says he could not have built global public companies without embracing calculated risk. Those feelings are echoes of an old survival strategy, not a reliable guide for the decision in front of him.

Grokipedia·Brad Jacobs

Transcript

#408 How to Make a Few MORE Billion Dollars: Brad Jacobs ·

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  1. How Did Brad Jacobs Turn Self-criticism Into Fuel?David Senra says Brad Jacobs turned self-criticism into fuel: he used to beat himself up when he missed perfection, and he moved that negative inner voice…
  2. Why Does Brad Jacobs Like Public Companies?David Senra reads Brad Jacobs's case for running a public company: being public makes it easier to build something big and lasting.
  3. Why Does Brad Jacobs Avoid Private Equity?David Senra reads Brad Jacobs's reason for avoiding private equity when he funds a company: the firms can be fair-weather friends and a focus on their own…
  4. Why Does Brad Jacobs Integrate Before a Deal Closes?David Senra reads Brad Jacobs's reason for integrating before a deal closes: most acquisitions do not create shareholder value unless the buyer improves the…
  5. Why Does Brad Jacobs Cut Bloated Management?David Senra reads Brad Jacobs's reason for cutting bloated management: a person who manages one person is providing companionship, not management, and it…
  6. How Does Brad Jacobs Get His Mind Back to Center?David Senra reads Brad Jacobs's account of using rational emotive behavior therapy, from Albert Ellis, to get his mind back to center.

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