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Adam Outland

๐Ÿ‘ค Speaker
884 total appearances

Appearances Over Time

Podcast Appearances

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

It's something that I've thought a lot about is relating to the word risk.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

You know, so many of us in this room have heralded ourselves as being like the most risk tolerant group of people in the whole galaxy, which, you know, but something happens where we get comfortable with a certain way of doing things.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

And then you realize there's no longer any risk because you understand that model.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

And then we get what the new risk is doing something different.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

And there's some of us here that sometimes struggle with risk, even though we think we're risk tolerant.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

We actually struggle taking new risks because we've gotten comfortable by doing things a certain way.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

And risk has a lot to do with how you perceive it.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

You know, one person's perception of risky is another person's perception of certainty.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

And so I think a lot of what I've been personally going through is understanding what truly is risky here.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

Is it risky to keep doing business the same way?

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

It's comfortable.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

We know what we're doing.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

We know we can actually make a profit and float around the same amount of revenue.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

And maybe we can even push the boundaries and grow a little bit at a time.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

What's far the perceived risk of doing something drastically different is much higher in our minds.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

But when you actually look at that risk, it actually may be a lot lower to try to do something different.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

It's all about how you perceive change and what you have to look at to do that.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

So the analogy I'd end with is this, like it's like driving a car.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

over the last handful of years where one of the wheels is a little bit out of alignment.

The Action Catalyst
Scaling With Purpose: An Action Catalyst Panel (Business, Leadership, Growth, Technology)

Have any of you guys had like an old car that had an alignment problem before?