Balancing Confidence and Reality in Leadership

Summary
In this episode of the Ventures and Visionaries podcast, Mordy Hackel is joined by Greg Schoenberg, the managing partner of Westcott Incorporated. They discuss various topics including the parallels between Western medicine and crypto, the future of crypto going mainstream, and the importance of self-awareness and self-responsibility in leadership. Greg shares his background in politics, investment banking, and media, and how it has shaped his coaching career. He also emphasizes the need for optimism tempered with reality and the value of constructive provocation in personal growth. The conversation covers topics such as decision-making based on data, the potential of blockchain technology, the challenges and opportunities of remote work, and the future of the economy and politics. The guests discuss the importance of trusting one's decision-making abilities based on data and developing intestinal fortitude. They also explore the potential of blockchain technology in various industries, such as art and food, and the implications for commercialization and tracking. The conversation touches on the security challenges of the crypto industry and the role of government in protecting society. They also discuss the changing dynamics of work and leadership in the remote and hybrid work environment. The conversation concludes with insights on the future of the economy, the impact of technology, and the importance of face-to-face interactions.

Keywords
crypto, Western medicine, leadership, self-awareness, coaching, investment banking, decision-making, data, blockchain, technology, remote work, economy, politics, crypto, security, leadership

Takeaways
The pharmaceutical industry and crypto have both evolved from being largely fraudulent to becoming legitimate industries over time.

• Crypto has the potential to modernize the financial system by decentralizing and using blockchain protocols.
• Investing in crypto requires serious intestinal fortitude and careful calibration of risk.
• Self-awareness and self-responsibility are crucial for personal and professional growth.
• Leaders need to balance confidence with a sense of reality and be open to constructive provocation.
• Separating results from the decision-making process is important in evaluating success and failure. Trust your decision-making abilities based on data and develop intestinal fortitude.
• Blockchain technology has the potential to disrupt various industries, such as art and food, by enabling new forms of commercialization and tracking.
• Remote work presents challenges and opportunities for leadership and team dynamics.
• The economy is undergoing significant changes, with the rise of remote work and the gig economy.
• The role of government in protecting society and the potential risks of government-sponsored stablecoins.
• Face-to-face interactions are important for building trust and understanding in a professional setting.

Sound Bites

• "Ask me my views on the connection between Western medicine and crypto."
• "The benefits of crypto will spread far and wide."
• "Crypto has the potential to go more mainstream."
• "And when the data set's big enough, that approach ultimately leads to better outcomes."
• "The hormones."
• "Okay, fair enough. Let's, let's, Morty is an artist. Yes. He drew the, he painted this picture."