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Laura Huang - Edge: Turning Adversity Into Advantage

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Laura Huang Edge: Turning Adversity Into Advantage
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Laura Huang, a preeminent Harvard Business School professor, shows that success is about gaining an edge: that elusive quality that gives you an upper hand and attracts attention and support. Some people seem to naturally have it. Now, Huang teaches the rest of us how to create our own from the challenges and biases we think hold us back, and turning them to work in our favor.
How do you find a competitive edge when the obstacles feel insurmountable? How do you get people to take you seriously when theyre predisposed not to, and perhaps have already written you off?
Laura Huang has come up against that problem many times--and so has anyone whos ever felt out of place or underestimated. Many of us sit back quietly, hoping that our hard work and effort will speak for itself. Or we try to force ourselves into the mold of who we think is successful, stifling the creativity and charm that makes us unique and memorable.
InEdge, Huang offers a different approach. She argues that success is rarely just about the quality of our ideas, credentials, and skills, or our effort. Instead, achieving success hinges on how well we shape others perceptions--of our strengths, certainly, but also our flaws. Its about creating our own edge by confronting the factors that seem like shortcomings and turning them into assets that make others take notice.
Huang draws from her award-winning research on entrepreneurial intuition, persuasion, and implicit decision-making, to impart her profound findings and share stories of previously-overlooked Olympians, assistants-turned-executives, and flailing companies that made momentous turnarounds. Through her deeply-researched framework, Huang shows how we can turn weaknesses into strengths and create an edge in any situation. She explains how an entrepreneur scored a massive investment despite initially being disparaged for his foreign accent, and how a first-time political candidate overcame voters doubts about his physical disabilities.
Edgeshows that success is about knowing who you are and using that knowledge unapologetically and strategically. This book will teach you how to find your unique edge and keep it sharp.

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Portfolio Penguin An imprint of Penguin Random House LLC - photo 1
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Portfolio / Penguin

An imprint of Penguin Random House LLC

Penguinrandomhouse.com

Copyright 2020 by Laura Huang Penguin supports copyright Copyright fuels - photo 4

Copyright 2020 by Laura Huang

Penguin supports copyright. Copyright fuels creativity, encourages diverse voices, promotes free speech, and creates a vibrant culture. Thank you for buying an authorized edition of this book and for complying with copyright laws by not reproducing, scanning, or distributing any part of it in any form without permission. You are supporting writers and allowing Penguin to continue to publish books for every reader.

LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA

Names: Huang, Laura (College teacher), author.

Title: Edge : turning adversity into advantage / Laura Huang.

Description: [New York] : Portfolio / Penguin, [2020] | Includes bibliographical references and index. |

Identifiers: LCCN 2019034421 (print) | LCCN 2019034422 (ebook) | ISBN 9780525540816 (hardcover) | ISBN 9780525540823 (ebook) | ISBN 9780593189191 (international edition)

Subjects: LCSH: Success. | Success in businessPsychological aspects. | PerformancePsychological aspects.

Classification: LCC BF637.S8 H795 2020 (print) | LCC BF637.S8 (ebook) | DDC 650.1/3dc23

LC record available at https://lccn.loc.gov/2019034421

LC ebook record available at https://lccn.loc.gov/2019034422

Cover design by Pete Garceau

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For A and L

CONTENTS
INTRODUCTION

A colleague recently told me about a person who had managed to get a face-to-face meeting with Elon Musk, the entrepreneur famous for founding Tesla and SpaceX. Getting a meeting is not an easy feat. This is a man who once told his alma mater (the Wharton School of the University of Pennsylvania) not to call him more than once a year, and that even then, the answer is probably no. Musks net worth is around $20.2 billion, so each minute of his time is worth thousands of dollars, even calculated conservatively.

But the reason this story is noteworthy is not because an unknown, unimportant individual was able to get a meeting with him in the first place. Its because Elon ended the meeting not more than thirty seconds later. As the story goes, he took one look at his visitor and said, No. Get out of my office.

It shows how difficult it is to actually get access to someone of that stature. (And how even if you do, it doesnt ensure that youll be heard.) It emphasizes how the rich and powerful must be blunt and maintain unyielding focus on what furthers their own careers. It demonstrates that the time and resources of someone like Musk are so well protected that accesslet alone any gains that might resultis near impossible.

As this person finished telling the story to me, he commented, Anyway, I dont know if this story is even actually true.

To which I replied, Its true. And I know its true because the person who got kicked out of Elon Musks office was me.


The meeting with Elon happened serendipitously. A friend of mine was in the audience when Elon was giving a university commencement speech and lucked his way into getting the billionaires contact info. And that was how this friend of mine, Byron (who generously invited me along), and I found ourselves waiting for our appointment with Elon, sitting in his SpaceX office.

Byron knew I was working on research that examined the challenges that start-up companies in the private space industry face as they go up against massive players such as Boeing, Lockheed Martin, and even the US government and NASA. We planned to talk to Elon about his thoughts on the future of private space tourismthe opportunity for normal people (normal meaning those who have two hundred thousand dollars to spend on a trip aboard a space shuttle) to take a suborbital flight to experience three to six minutes of weightlessness, a view of a twinkle-free star field, and a vista of the curved earth below.

Knowing how special this opportunity was, Byron and I had prepared well. We had put lots of hard work and effort into our research. We knew an immense amount about SpaceX and the private space industry. We knew Elons entire life history. We had a list of well-researched, intelligent questions on hand. We had specific topics in mind, an understanding of any current events he could have mentioned, and thoughtful perspectives on all aspects of his business (not just SpaceX but also Tesla, PayPal, and even Hyperloop). We even had some ideas for how we could help his companies, and we had a small gift for him. We were prepared.

Except that none of our hard work was going to make much of a difference. Because as I alluded to earlier, we got kicked out of his office (which was really just his cubicle in the corner of an open office floor plan, in case anyone was interested).

Almost. Thats where the story got it wrong. Elon did try to kick us out of his office. But somehow we were able to regain our composure and turn what was quite nearly a thirty-second disaster into an invigorating hour-long conversation.


Its true that the first word he said to us was no. Literally, we sat down, he looked at us, and he said, No. I was totally disoriented, and looked at him blankly and asked, No? To which he replied, No. And then he told us to leave.

Somehow during this rather disorienting oh shit moment, I suddenly realized that his eyes werent, in fact, on us. They were on something Byron was holding: the gift that we had brought him.

I realized that Elon didnt know we were academics. He thought we were entrepreneurs trying to pitch him and that the gift was a product prototype. He thought we wanted something from him: his endorsement, or his money, or some sort of support for the company that we were presumably starting. Of course he said no. This is a man who is constantly getting asked for things and constantly barraged with requests. His default response has to be no. Even when the requests come from completely legitimate and powerful peoplebut especially when they come from two young and seemingly unimportant people.

And so it was that this meeting almost ended disastrouslyexcept that I did something out of the blue that somehow humored him beyond belief.

It was nothing special. It certainly wasnt premeditated. I just started giggling. Maybe I should have simply nodded politely and left, but the giggling gave Elon pause. I sputtered through my uncontrollable laughter: You thinking were pitching you? [more uncontrollable laughter] We dont want your money.... What, like youre rich or something?

That threw him off completely, and then he started laughing uncontrollably. He realized that we didnt want anything from him (or at least not his money or endorsement for our product), and we endeared ourselves enough to him to at least not get kicked out of the meeting.

Truth be told, we crushed the meeting. We chatted, debated, riffed, and by the end, we were like old friends (okay, not really, but he did give me a hug on the way out).

And upon leaving, Elon gave us a card with the contact details of someone who headed up operations for SpaceX. He told us that he could help us obtain more information about what we were studying. In the end, he offered up exactly the kind of resources and connections that he thought we had initially wanted.

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