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Mellody Hobson

👤 Person
580 total appearances

Appearances Over Time

Podcast Appearances

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

It would be like two in the morning. And she was like, Melody, you have to explain it. I don't understand. And she was the one who always kept pushing me to simplify and explain things in a better way. And then I started to realize the power of that. Because once you could break it down, even that, you know, it's...

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

It would be like two in the morning. And she was like, Melody, you have to explain it. I don't understand. And she was the one who always kept pushing me to simplify and explain things in a better way. And then I started to realize the power of that. Because once you could break it down, even that, you know, it's...

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

I think people think someone with jargon is smarter, and I actually feel the opposite. Most of the time when people give me acronyms, I say, what does that stand for? All the time. Do you know how many people can't tell you what the acronym means? All the time, yes. Which I think is hilarious. So it says a lot. It's one of the reasons I don't like acronyms at all.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

I think people think someone with jargon is smarter, and I actually feel the opposite. Most of the time when people give me acronyms, I say, what does that stand for? All the time. Do you know how many people can't tell you what the acronym means? All the time, yes. Which I think is hilarious. So it says a lot. It's one of the reasons I don't like acronyms at all.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

You have a small child. My daughter's 11. I know you have several children around her same age. Something's wrong with your child. You are with a doctor. A doctor speaks to you only in doctor speak.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

You have a small child. My daughter's 11. I know you have several children around her same age. Something's wrong with your child. You are with a doctor. A doctor speaks to you only in doctor speak.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

If it were a child, you'd say, break that down and explain it to me in a way that I can understand because you are not walking out of that office with something wrong with your child without understanding. I said, why do we allow people to do that with us with money? It's significant what you need to know. It could not only affect your life, but the life of your heirs.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

If it were a child, you'd say, break that down and explain it to me in a way that I can understand because you are not walking out of that office with something wrong with your child without understanding. I said, why do we allow people to do that with us with money? It's significant what you need to know. It could not only affect your life, but the life of your heirs.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

So you need to ask that follow-up question. I don't know what you're talking about. Just as if someone said, you know, your daughter broke her femur in three places. If you didn't know what femur was, you'd say, what is that? And they'd say broken leg, right? So it's the same sort of thing. But I think the simplification of the concepts is, is the power of it. And that's what I started to see.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

So you need to ask that follow-up question. I don't know what you're talking about. Just as if someone said, you know, your daughter broke her femur in three places. If you didn't know what femur was, you'd say, what is that? And they'd say broken leg, right? So it's the same sort of thing. But I think the simplification of the concepts is, is the power of it. And that's what I started to see.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

I was like, wait a minute. If I can simplify this, I actually have more people who are leaning in because sometimes they actually want to borrow the ideas and use these ideas in their own way. And then also what it allowed me to do, it forced me to break these things down for myself. I was always kind of saying like, how could I think about this differently? What does this mean?

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

I was like, wait a minute. If I can simplify this, I actually have more people who are leaning in because sometimes they actually want to borrow the ideas and use these ideas in their own way. And then also what it allowed me to do, it forced me to break these things down for myself. I was always kind of saying like, how could I think about this differently? What does this mean?

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

How do I understand it? And if I'm in a boardroom, if I'm in anywhere, I'm just not, I always, people know that about me. I will ask if I don't know. I think questions are the most powerful things you can do in life. Yes. I prefer questions to statements.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

How do I understand it? And if I'm in a boardroom, if I'm in anywhere, I'm just not, I always, people know that about me. I will ask if I don't know. I think questions are the most powerful things you can do in life. Yes. I prefer questions to statements.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

It's a terrible trait. Just like not being curious on its own. How about the fact you sit down with someone and by the end of dinner, they haven't asked you one thing. It's unforgivable. I literally, I am like, well, they're, you know, they may be successful for now.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

It's a terrible trait. Just like not being curious on its own. How about the fact you sit down with someone and by the end of dinner, they haven't asked you one thing. It's unforgivable. I literally, I am like, well, they're, you know, they may be successful for now.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

I know I would. I remember being very young. I remember walking into our office one day and I remember looking at the door and I said, how many times am I going to walk through this door in my life? I knew. I knew. Part of what I knew was that I was working with great people. Someone gave me advice once. They said, you know, people make really important business decisions for the wrong reasons.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

I know I would. I remember being very young. I remember walking into our office one day and I remember looking at the door and I said, how many times am I going to walk through this door in my life? I knew. I knew. Part of what I knew was that I was working with great people. Someone gave me advice once. They said, you know, people make really important business decisions for the wrong reasons.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

And they encouraged me never to make important business decisions based upon money. Never.

Aspire with Emma Grede
Aspire with Mellody Hobson: What I Learned From My Business Hero

And they encouraged me never to make important business decisions based upon money. Never.