541: Matt Higgins - Burning The Boats, Handling Imposter Syndrome, Investing on Shark Tank, & The Most Important Ingredient To Professional Success

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Full show notes at www.LearningLeader.com

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Matt Higgins was an executive for the New York Jets and then the Miami Dolphins. He Co-Founded RSE Ventures with Miami Dolphins owner, Stephen Ross. Matt was a guest shark on ABC's Shark Tank (seasons 10-11), He is an executive fellow at Harvard Business School, and he recently published a book called, Burn The Boats, Toss Plan B Overboard and Unleash Your Full Potential...

• Matt's Mom: "My mother, Linda, died with $100 in her bank account, but I inherited the most valuable gift a parent can give a child: limitless faith in my ability to figure anything out."
• Matt gave the 2019 commencement speech at Queens College – According to Vanity Fair Contributing Editor Paul Goldberger, "This is a magnificent and truly inspiring speech that everyone should read. If you think commencement speeches are made of cliches, this one will change your mind."
• The most important ingredient to professional success: "Make yourself indispensable at whatever task you're doing and you'll always have a job."
• Research proves that the mere contemplation of Plan B statistically reduces the probability Plan A will ever materialize.
• The advice Matt got from Daymond John on how to handle imposter syndrome on his first day of filming Shark Tank: "You belong here because you are here."
• How to raise your kids to not be spoiled when you can provide anything they'd ever want?
  • There is nobility in work. Ensure they do hard things and do real work.
• Matt's "must-have" qualities when hiring a leader:
  • Confidence + Humility
  • Empathy
  • They just "figure it out"
  • They are a servant leader -- They can "plug holes"
• Matt's four-step process:
  • What's the worst that could happen?
  • If it doesn't work out, what will I do?
  • What's the probability the bad stuff will happen?
  • What pain am I willing to endure to make it happen?
• "Burn the boats for goals, not tactics."