Show Notes
Learn more about Jeffrey Pfeffer and where you can buy or listen to his books: https://JeffreyPfeffer.com/ SHOW NOTES: Jason Calacanis is an entrepreneur and angel investor, amongst many other things, and shares with us three rules of power that have made him an incredibly effective business person. How Jason turned $100,000 into $100 million Growing up in middle-class Brooklyn Fixing laser printers by day and going to Fordham at night The unconventional way he got into Fordham • Willingness to break the rules The power of frequency Why there is always room for an exception Creative distribution of his publications What made Digital Dim Sum a success The importance of networking and relationships Standing up for who you believe in Creating smart controversy The lasting impressions of hosting high-quality events A valuable technique for introducing guests Creating strength when nobody’s opinion matters Demonstrable Growth – what it is and why it works The Tipping Technique The three rules of power that contribute to Jason’s success JASON’S BIO: Jason Calacanis is a serial entrepreneur, angel investor, and podcaster. He is known for being an early investor in companies such as Robinhood and Uber. Overall he has invested in 300 startups, four of which have reached billion-dollar valuations. Jason is also a co-founder of Weblogs, Inc., which was instrumental in the dot-com era of online blogging. In 2009 Jason founded Open Angel Forum, an event that helps startups find angel investors. Jason’s book Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000 was published in 2017. Jason currently resides in San Francisco, California. Dr. Pfeffer has been on Jason’s podcast This Week in Startups four times. Jason’s blog: https://calacanis.com/ Linkedin Profile: https://www.linkedin.com/in/jasoncalacanis/
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In this episode of the 'Pfeffer on Power' podcast, host Jeffrey Pfeffer, a professor at Stanford University's Graduate School of Business, is joined by Alex Rodriguez, CEO and Chairman of investment firm Arod Corp, and is known as one of the greatest baseball players of all time, and Matt Abrahams, of the Think Fast Talk Smart podcast to co-host this interview. Alex discusses his transition to business and teaching at Stanford. Rodriguez, who co-teaches a class on Strategic Pivoting with Professor Allison Kluger, shares insights into their teaching framework and what he’s learned through teaching. Alex also emphasizes the importance of self-awareness, resilience, and preparation in both his athletic and business endeavors. Alex also touches on handling setbacks, maintaining authenticity, and the value of humility and gratitude in personal development. Alex also shares what he’s learned about effective communication and team-building, and how it can help shape young leaders and athletes. Pfeffer on Power is produced by University FM. Episode Quotes: Finding resilience in the face of setbacks 23:07: [Jeffrey Pfeffer] So, what advice, in coming back from setbacks—which is, I think, amazing—how did you find the inner resilience to do this? 23:29: [Alex Rodriguez] This is tough. I mean, everybody handles setbacks their own separate way. I don't care who you are. I mean, I don't care how perfect you are. Name the best CEO—he or she—they've had setbacks, I guarantee it. So, again, I think this is where baseball has really helped me because baseball is the epitome of setbacks. So, I think having the resilience, the confidence, the perseverance from inside to keep trying. I mean, I remember in my darkest hour, I would send 10 emails out—one or two responded—and it was heartbreaking. And part of it was 'cause I was a pariah, and people don't wanna be around me. And Allison works really, really hard with the administration, like, you know, vouching for me. And it's something that I'll never forget. I mean, here I am, in my darkest hour, trying to fight back. And Allison, out of all people—they're probably saying, "There are 750 major league baseball players. This is the one? You got the guy that got suspended for all these years?" And she's like, "Yeah, he's actually a nice guy," and this and that. It's like, "Ah, I'm not sure if I'm buying it." But, I mean, here we are seven years later, and I couldn't be more proud of the partnership. How Alex shapes his communication style with his skills 29:38: I think my style of communication is a blend between sports and business, and a little bit of entertainment and levity. I always think about, what is the number one or two things that I'm trying to deliver, and then I'm trying to go—every good story has a good headline, has a beginning, middle, and end. And then maybe go back and repeat my headline, and if I can say more with less words, the better. What makes a great communicator 28:28: Part of being a great communicator is sticking to your circle of competence—speak with passion, but about something where you have real knowledge, where you have something to actually add. Show Links: Alex Rodriguez | LinkedIn Strategic Pivoting for your Next Chapter MattAbrahams.com Think Fast, Talk Smart Podcast
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