WeWork--How to overcome fear of failure

TL;DR

Failure is a stepping stone to success and should be embraced to overcome fear and take risks in order to achieve greatness in life.

Transcript

hey I'm Brian le welcome to another edition of behind the brand let's go check out our next story hello I'm Miguel mckelvey the co-founder and chief creative officer at we worked and you're watching behind the brand yeah welcome the show thanks for having me happy to be here yeah let's talk about some of the missteps because you know we talked earl... Read More

Key Insights

• 😥 Failure should be seen as a starting point for growth and progress, rather than an endpoint.
• 👻 Being comfortable with the worst-case scenario allows for the courage to take risks.
• 🥺 Taking calculated risks and investing everything in pursuit of a vision can lead to success.
• 👪 Responsibilities like having a family can influence the willingness to take risks, but one should still prioritize personal fulfillment and growth.

Questions & Answers

Q: How does McKelvey define failure and success?

McKelvey sees failure as a point to spring forward from and defines success as achieving greatness by taking risks and overcoming fear.

Q: How did McKelvey view failure when he moved to New York City?

When McKelvey moved to New York City, he saw failure as the worst-case scenario of having to move back home and start again, which he was comfortable with.

Q: What kind of failure does McKelvey caution against?

McKelvey warns against failure that is permanent and does not allow for a second chance, such as taking reckless risks without proper considerations.

Q: How did McKelvey approach investing in his business?

McKelvey and his co-founder chose to invest their life savings in their business, taking the risk of putting it all on the line instead of playing it safe with a traditional job.

Q: How does responsibility affect taking risks?

McKelvey acknowledges that responsibility, such as having a family to support, can change one's perspective on taking risks but believes it is important to still honor one's true path.

Q: What is the psychological impact of not following one's true path?

According to McKelvey, not pursuing one's true path and continuously ignoring the need to take action can cause damage to one's psyche.

Summary & Key Takeaways

• Miguel McKelvey, co-founder and chief creative officer at WeWork, discusses the importance of viewing failure as a starting point rather than a finish line.

• He shares his perspective on failure, stating that being comfortable with the worst-case scenario allows for the freedom to take risks and pursue success.

• McKelvey emphasizes the need to follow one's true path and not be afraid to take chances, even if it means risking everything.