Succession Stories

188: Nurturing the Entrepreneurial Spirit - Pallavi Golla - The Entrepreneur Gene

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Episode notes

Do you have the conviction to pursue your big idea? In this episode of The Entrepreneur Gene, host Laurie Barkman interviews Pallavi Golla, a serial entrepreneur and professional EOS implementer at EOS Worldwide. They discuss the concept of the entrepreneurial gene, the importance of nurturing entrepreneurial skills, and overcoming challenges in business. Pallavi shares her journey of building and selling two businesses and provides advice for aspiring entrepreneurs. The conversation also touches on the marshmallow test, balancing work and family, and the evolving landscape of the consulting industry.   Takeaways:

  • Foster essential skills such as delayed gratification, perseverance, grit, and the ability to handle failure. These are crucial for navigating the entrepreneurial journey.
  • Build an environment that encourages ideas and input from your team. Make sure that team members feel their opinions are valued and considered in decision-making processes. 
  • Leverage the experiences and lessons from both successes and failures. Use these insights to guide future decisions and strategies.
  • Strive to separate work stress from family life to maintain a healthy dynamic at home and avoid burnout.
Quote of the Show:
  • “Be okay with failure. The ability to hear no many, many, many times and still have the conviction to pursue an idea that you have is important.” - Pallavi Golla
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