where boundaries dissolve

#31 Unleash Your North Star: Gain Confidence, Break Free From Mediocrity, Embrace Risk, and Catalyze Innovation in Every Aspect of Your Life with Philipp Wehn

Episode Summary

“Are you playing to win, or not to lose?” Mediocrity happens when we don’t take risks and we try to make as little mistakes as possible, Philipp says. This applies to your personal life and at work, especially as an innovator. Mediocrity happens, because we’re not spending time learning about our mistakes. Our mistakes show us the steps required to do big things, Philip says. Philip left a comfortable life in Germany to pursue his North Star in Silicon Valley. We talk about the mindset and the confidence of a risk tolerant person, what he’s learned in his private life and how it serves him professionally as Vice President of Innovation and Corporate Venture Building at Enlighted. Philip also made it onto Germany’s top 40 and under list, and he’s the host of the youtube channel Innovation Shuttle. Luck favors those who actively pursue opportunities. By trying different avenues, embracing change, and stepping outside comfort zones, you too can increase your chances of success. Success lies on the other side of fear and uncertainty. By continuously learning, adapting, and remaining open to new experiences, both in professional and personal realms, you create your own luck.

Episode Notes

Key Takeaways::

  1. Pursue Your North Star: Gain the confidence to pursue your dreams by aligning your decisions with your passions and surrounding yourself with supportive people who encourage growth. Embrace failures as stepping stones to success and persevere until you achieve your goals, both personally and professionally.
  2. Embrace Risk: Overcome risk aversion by reframing its perception and understanding that calculated risks are vital for growth. Allocate a portion of your efforts (e.g., 10%) in business and in your personal life to pursue ambitious, innovative endeavors while safeguarding core operations. There is no success without failure. No failure means mediocrity.
  3. De-Risk Ventures With Customer-Centricity: Re-risk by speeding up the time it takes to test, fail, learn and try again. Prioritize customer feedback over pride and predetermined plans. Embracing this mindset fosters disruptive innovation and separates market leaders from the rest.

Connect with us:

 Philipp on Linkedin and go follow him on his youtube channel

Me, Helena, on Linkedin or Instagram, or visit my website for more inspiring change stories

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Helena