loader from loading.io

#155: Michele Wucker: What’s Your Gray Rhino?

Healthcare Entrepreneur Academy Podcast

Release Date: 01/14/2021

#262: The 3 Content Production Tips That Can Help Boost Your Engagement Rate & Brand Awareness show art #262: The 3 Content Production Tips That Can Help Boost Your Engagement Rate & Brand Awareness

Healthcare Entrepreneur Academy Podcast

Identity, Quantity, and Quality.   Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, expounds on these three valuable aspects of content creation. If you're a budding or long-time content creator who wants to maximize engagement and know how to leverage your content for your business, tune into this episode.   EPISODE HIGHLIGHTS - People listen more to those who with results and who can demonstrate their expertise. - Frame your content to present you as an authority in your field. - It's all about volume. Put out more...

info_outline
#261: Should You Manage Several Businesses At Once? show art #261: Should You Manage Several Businesses At Once?

Healthcare Entrepreneur Academy Podcast

Should I run multiple businesses? Yes or No.   Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about what NOT to do to become successful in your business. In this episode, Jason fills us in on common pitfalls entrepreneurs, new and old alike, fall into while in search of "success," as well as mindsets to adopt in the journey to "real success."   EPISODE HIGHLIGHTS "Shiny Object Syndrome" is when people get distracted by trendy ideas, losing sight of their own business's growth. This is a common trap entrepreneurs...

info_outline
#260: The 5-Step Productivity Must-Do’s to Get More Out of Your Business (Minus the Burnout!) with Mridu Parikh show art #260: The 5-Step Productivity Must-Do’s to Get More Out of Your Business (Minus the Burnout!) with Mridu Parikh

Healthcare Entrepreneur Academy Podcast

Life is life. It's not just work. Mridu Parikh is a productivity coach, best-selling author of Accomplish It, founder of Life is Organized, and host of the Productivity on Purpose Podcast. In today's episode, Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, sits down with Mridu to exchange a myriad of best practices on how to live a happier life by maintaining a steady work-life balance.   We encourage you to ready your notepads because this episode is filled with timeless, life-changing insights you would want to remember!...

info_outline
#259: The Top 10 Best Episodes of Season 3 and A Special Giveaway! show art #259: The Top 10 Best Episodes of Season 3 and A Special Giveaway!

Healthcare Entrepreneur Academy Podcast

The Healthcare Entrepreneur Academy Podcast is now in its 4th Season! 🎉   To celebrate this milestone, let’s take a trip down memory lane and revisit the Top 10 Episodes from Season 3. We offer this special episode to you, our valuable listeners, for none of this would’ve ever been possible without the love and support you give to this show. To many more seasons full of passion and purpose. Let’s keep the ball rolling!   Episode Links: TOP 10 - TOP 9 - TOP 8 - TOP 7 - TOP 6 - TOP 5 - TOP 4 - TOP 3 - TOP 2 - TOP 1 -   JOIN OUR GIVEAWAY! Get a chance to win a...

info_outline
#258: How to Hire the Best Candidates For Your Business show art #258: How to Hire the Best Candidates For Your Business

Healthcare Entrepreneur Academy Podcast

How do you know if a person is "right for the job?" In this episode, Jason A. Duprat teaches you never-before-heard secrets and best practices on his hiring process. Developed by his amazing Executive Assistant, Jason's screening method pinpoints all the crucial factors to dig into before hiring someone, and we'll even get to hear some of the interview questions he personally uses.   EPISODE HIGHLIGHTS Jason's original screening method was to interview applicants based on character traits and then train them on whatever skills they're lacking later on. It costs a small fortune to train...

info_outline
#257: How to Build Strategic Relationships and Manage Referrals Partners to Grow Your Business with Amelia Roberts show art #257: How to Build Strategic Relationships and Manage Referrals Partners to Grow Your Business with Amelia Roberts

Healthcare Entrepreneur Academy Podcast

Be clear on what problem you can solve, and people will listen. Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, sits down with Amelia Roberts, Visibility Strategist, Relationships Facilitator, as well as the Founder of Solutions by Amelia. When it comes to Entrepreneurship and Marketing, Amelia's passion is second to none. In this episode, she gives us a glimpse of her years of experience in building clients’ businesses, discussing a wide variety of concepts, best practices, and personal anecdotes.   EPISODE HIGHLIGHTS ...

info_outline
#256: Why It's Important to Practice Due Diligence To Protect Your Business From Potential Risks show art #256: Why It's Important to Practice Due Diligence To Protect Your Business From Potential Risks

Healthcare Entrepreneur Academy Podcast

Being unaware of the law does not excuse you from it. In this episode, Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about the importance of due diligence when taking advice. There are those who claim to be "experts" in their field but, ironically, spread misinformation, even illegal advice that could cost professionals their licenses. After listening to a podcast sharing such grave inaccuracies, Jason shares valuable insights on avoiding misinformation and seeking real professional advice.   EPISODE HIGHLIGHTS ...

info_outline
#255: Why You Should Stop Living By The Opinions Of Others show art #255: Why You Should Stop Living By The Opinions Of Others

Healthcare Entrepreneur Academy Podcast

A life well spent is a life with no regrets. Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about how life is too short to worry about the opinions of others. Instead, focus your time and energy on building the life you want and doing the things you love. You are the author of your magnificent story. Let no one take the pen away from you.   EPISODE HIGHLIGHTS Others will always have opinions on how you should/shouldn't live your life. Always take feedback with a grain of salt as not everyone lives the life you live....

info_outline
#254: The Future of Ketamine-Assisted Therapy and What It Means for Clinic Owners and Their Patients with Christi Myers show art #254: The Future of Ketamine-Assisted Therapy and What It Means for Clinic Owners and Their Patients with Christi Myers

Healthcare Entrepreneur Academy Podcast

Ketamine-assisted therapy is an emerging field that’s gaining traction. Today, the medical community is increasingly accepting Ketamine-assisted therapy as a treatment option for those struggling with mental illness and substance abuse. What does this mean for clinic owners, and their patients? In this episode, Jason A. Duprat sits down with Christi Myers, Professor of Emergency Medicine, Assistant Director of Emergency Medical Services for a community college, as well as the Founder, CEO, and Director of Flow Integrative. Flow is a two-pronged approach to psychedelic wellness practiced in...

info_outline
#253: Why It's Important To Document Every Huge Move You Make In Business And Turn Them Into Lessons show art #253: Why It's Important To Document Every Huge Move You Make In Business And Turn Them Into Lessons

Healthcare Entrepreneur Academy Podcast

Being an entrepreneur is all about adapting. There are no rules, and the right decision for you might not be right for someone else. Every business is different. You need to adapt each lesson to your own situation. In this episode, Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast, talks about how best practices for others might not necessarily work the same for you. Here, you'll hear his personal story on how blindly following by-the-book strategies can backfire greatly. As entrepreneurs, knowledge can only progress when paired...

info_outline
 
More Episodes

OVERVIEW:

Jason A. Duprat, Entrepreneur, Healthcare Practitioner and Host of the Healthcare Entrepreneur Academy podcast speaks with Michele Wucker, Founder and CEO of Gray Rhino & Company. Michele is the author of the book, ‘The Gray Rhino: How To Recognize And Act On The Obvious Dangers We Ignore.’ She coined the term to mean the big, scary thing coming right at you. She also established five reaction stages to the Gray Rhino.  

 

EPISODE HIGHLIGHTS:

  • Michele talks about her transition into writing and her amazing experiences, which included writing about a coup in Haiti.
  • The Gray Rhino is a metaphor for something big, obvious and scary headed right for you, forcing you to take action. It’s big, obvious and it will do damage, however, you have options on how to manage it.  
  • This is a very different concept from the ‘Black Swan,’ which is when you’re knocked over by something you can’t even imagine or consider. 
  • And the ‘Elephant in the Room’ is when you see something, yet no one in the room says anything about it. 
  • Currently, there’s a triad of Gray Rhinos in the US economy which includes financial fragilities, inequality and climate change.
  • There are steps you can take to avoid the Gray Rhino. Start by recognizing your vulnerability. Then foster proper awareness in order to take the appropriate response.
  • Michele shares a five-stage framework to help companies recognize how they’re reacting to these threats. They include: denial, muddling, diagnosing, panic and action. 
  • Sometimes you might take action yet you don’t get the result you want. Track and adjust what you’re doing. Just because you’re taking an action, this doesn’t mean you’re solving the actual problem. 
  • Analyze where the key stakeholders are to change the situation. Focus on accountability, yourself and dealing with uncomfortable things.
  • Everybody has a role to play; the Gray Rhino is the key to prevention. Bring in people to  help you recognize how decisions are made in your company.
  • Michele talks about her upcoming book and how diversity and the cultural environment around your business allows you to become more sensitive to risks.

 

3 KEY POINTS:

  1. In the current US economic state, entrepreneurs should be more aware of the Gray Rhinos in order to manage upcoming financial risks. 
  2. There are things you can do to dodge the Gray Rhino - recognize your vulnerability, foster awareness and formulate a smart response. 
  3. Your reaction to the Gray Rhino falls under a five-stage framework - denial, muddling, diagnosing, panic and action. It’s important to track these stages and adjust your actions accordingly.

 

TWEETABLE QUOTES:

“(On the Gray Rhino) It’s high impact, it’s obvious and it gives you a challenge.” - Michele Wucker

 

“The Gray Rhino is a challenge to be accountable - when you see a big scary problem coming right at you.” - Michele Wucker

 

RESOURCES MENTIONED:

Michele Wucker on Linkedin: https://www.linkedin.com/in/wucker

Michele Wucker’s website: https://www.wucker.com/

Michele Wucker on Twitter: https://twitter.com/wucker

The Gray Rhino and Company website: https://thegrayrhino.com/

 

#HealthcareEntrepreneurAcademy #healthcare #entrepreneur #entrepreneurship #riskassessment #riskmanagement #TheGrayRhino