Chapter
Support Networks and Reputation in Business
46:24 - 52:00 (05:35)
Entrepreneurs often tie their sense of self-esteem and self-worth to their businesses, but having a strong support network of people who can help with reputation management is crucial to success. Building a positive reputation can help with future business opportunities, rather than simply trying to make a quick profit.
Clips
The speaker's support network helped them correct an inaccurate article and build a reputation for helping others in business.
46:24 - 50:00 (03:36)
Summary
The speaker's support network helped them correct an inaccurate article and build a reputation for helping others in business. They prioritize building relationships over building bowling alleys.
ChapterSupport Networks and Reputation in Business
Episode#374: Chip Conley — Building Empires, Tackling Cancer, and Surfing the Liminal
PodcastThe Tim Ferriss Show
The speaker advises younger entrepreneurs not to tie their self-worth to their businesses.
50:00 - 52:00 (01:59)
Summary
The speaker advises younger entrepreneurs not to tie their self-worth to their businesses. In reminiscing about his early days, he shared how he used to refer to his hotel as himself and how he took inspiration from Maya Angelou by doing staycations at hotels to work on his books.