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Becker Private Equity & Business Podcast

Building Tenacity: How to Cultivate Grit and Confidence with Liz Hutson of EGH, LLC 4-23-25

Wed, 23 Apr 2025

Description

In this episode, Liz Hutson, Principal Consultant and Owner at EGH, LLC, joins the Scott Becker to share powerful insights on developing tenacity.

Audio
Transcription

Chapter 1: Who are the main speakers in this episode?

30.333 - 56.364 Scott Becker

This is Scott Becker with the Becker Private Equity and Business Podcast. We're thrilled today to visit with one of our most listened to guests, Liz Hudson. Liz is brilliant. She's by nature and background an engineer, then built her own business, now does that and also is a public speaker. And she's got great insights on so many subjects. Today we're going to talk about tenacity.

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Chapter 2: What is tenacity and why does it matter in business?

57.236 - 70.839 Scott Becker

Sort of drive, grit, etc. Are you born with it? Are you not? If you're not necessarily driven and compelled by stuff to begin with, can you develop it? Liz, let me tee it up and tell us your thoughts here.

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71.903 - 86.229 Liz Hutson

Ja, das klingt großartig. Scott, danke dir so sehr für deine Zeit heute. Ich dachte mir, warum ist Genesse wichtig? Ich denke, wenn wir heute die Welt betrachten, wollen wir eine Idee von uns erreichen, sei es in einem Geschäftsbereich oder in einem Gemeinschaftsbereich. Wir wollen unsere Arbeit präsentieren.

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Chapter 3: Are we born with grit or can it be developed?

86.249 - 101.488 Liz Hutson

Wir wollen für eine Möglichkeit betrachtet werden, ob es ein nächstes-Level-Job ist, ein neues Job, was auch immer es sein könnte. Wir müssen Genesse haben. Wir können all diese Ideen haben, aber wenn sie nie gehört werden, What good is it?

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101.588 - 122.759 Liz Hutson

And when I think about the tempo that our world keeps today, if it's not sharp and pithy and pushes forward, those ideas, you know, like even a personality, a person is brushed aside really quickly. And so if we're not positioning it well and we're not having a healthy dose of push, those ideas can stay behind.

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122.799 - 141.268 Liz Hutson

And the question that you asked, I think, is a good one, which is, are we born with tenacity or is it something that can be built? Und mein Gedanke darauf ist, dass bestimmte Persönlichkeiten innere Persönlichkeiten haben, die mehr oder weniger komfortabel mit dem Anstrengen sind, mehr oder weniger komfortabel mit der Konzentration sind.

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141.288 - 150.171 Liz Hutson

Jedoch glaube ich, dass es eine Fähigkeit ist, die entwickelt und gewachsen werden kann. Und heute, Scott, würde ich gerne darüber sprechen, wie wir damit umgehen.

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150.211 - 159.174 Scott Becker

Fantastisch. Und wie kultivierst du diese Konzentration, diese Führung, diesen Wunsch, das Einnehmen von etwas und das Nicht-Lassen? Wie kultivierst du das?

Chapter 4: How does confidence relate to cultivating tenacity?

160.128 - 185.896 Liz Hutson

Ja, ich denke, es geht um drei Dinge, die ich erwähnt habe. Ich nehme Thema Nummer eins. The first thing is I believe you've got to work hard and build confidence in your ideas and work. Because I think tenacity is so much easier to manifest and just channel the push and the drive when we feel confident in the work that we've done and we've put in that work up front.

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185.936 - 207.791 Liz Hutson

And I think about when all of us were kids and were in school setting, college setting, when we're taking a test. And we come in really well prepared. We've done the homework. We did the practice test. We drilled the materials. We come into that test and we feel confident. We feel dominant. Like I'm going to do well on this test because I did a great job preparing for this.

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207.831 - 227.924 Liz Hutson

And I think it's no different in work settings or presentations or whatever that is. You exude confidence. when you come in prepared. And then others feel that as well from you. They can see, you know what you're talking about. So channeling tenacity is so much easier when you've done the work up front. That's the first point, Scott.

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227.964 - 237.991 Scott Becker

That if you're prepared, it's much easier to find it because you're not sort of dawdling all over the place. It's easier to find it if you're prepared and ready to go.

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Chapter 5: What are practical ways to build and maintain tenacity?

238.031 - 240.133 Liz Hutson

Exactly, exactly.

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240.153 - 243.355 Scott Becker

So love that. Tell us what else you could do.

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243.415 - 264.235 Liz Hutson

Yeah, second point. ist, dass ich glaube, dass Neugier nicht kommt und nur kämpft und drückt, und das ist das Einzige. Du musst es in der richtigen Weise machen. Ich denke, es gibt eine Balance von Neugier, die einen Sinn von Leidenschaft mit, ich sage, Verrücktheit verbindet.

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Chapter 6: How does preparation influence your ability to be tenacious?

264.355 - 285.975 Liz Hutson

Und wenn ich das sage, denke ich oft, wenn wir Neugier denken, ich werde diese Neugier channeln, kommt man manchmal mit dieser starken Intensität. And you may come across as like, I know what I'm doing and I'm going to push this. But you run the risk of having your audience dig into their point of view even harder. You kind of bulldoze them.

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286.907 - 310.264 Liz Hutson

And then they may concede out of fear, but not out of belief. And I don't think that's good. But I believe that if you meet people where they're at, and that's what I talk about, like doing it the right way, meet people where they're at, but then also don't be afraid to press. And at the right times, you escalate both in your voice and your power, your research, like all the things.

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310.304 - 325.254 Liz Hutson

But I think there's that balance of don't come at it with, um die Leute aufzunehmen, aber gleichzeitig mit denen zu treffen, wo sie sind und dann einen Weg finden, um ein bisschen weiter zu gehen. Ich denke, das ist Punkt Nummer zwei.

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325.274 - 342.898 Scott Becker

Danke. Und ich liebe es, wenn du mit jemandem bist, du diskutierst, du arbeitest mit ihnen, was auch immer du tust, und du bist so zentriert, dass du den Spot finden kannst, um weiter zu gehen und weiter zu gehen. Und du musst zentriert und engagiert genug sein, dass du das kannst, dass du nicht einfach überall bist. Ich liebe das Konzept auch.

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342.918 - 361.867 Liz Hutson

Genau. Genau. Und der letzte Punkt, Scott, ist, starte klein. Also ich denke, für einige Leute ist es sehr einfach, Tänzung zu finden und zu channeln. Wiederum, es ist nur Teil dessen, wer du bist. Vielleicht praktizierst du viel, aber ich würde sagen, für Leute, bei denen es schwierig ist, vielleicht ist es schwierig, deine Stimme zu finden, vielleicht fühlst du dich ein bisschen timid.

361.887 - 380.602 Liz Hutson

Was ich sagen würde, ist, starte klein mit dem. Lege dich in deine Tänzung in kleine Späße. Vielleicht praktiziere mit Themen, die etwas niedrig sind. Vielleicht Leute, mit denen du dir mehr zufrieden bist, mit denen du ein bisschen besser weißt. As you start to gain some wins and you build some traction with that, you're going to build confidence.

381.042 - 401.338 Liz Hutson

Then you start to take slightly bigger risks in meetings or in opportunities. You just eke that out a little bit. It's a practice. It's a skill. Are people born with it or is it something that can be built? I believe it's something that can be built. You start small. At the end of the day, Scott, I think you probably have experienced this more than most people in this world.

401.398 - 424.503 Liz Hutson

I think people are people. You have interviewed presidents of the United States, top athletes, subject matter experts in all areas and facets of healthcare. People are people. And I think each one of us, we step into our pants one leg at a time. And I don't think a title... someone more important than the other or has better ideas than the other.

424.563 - 442.757 Liz Hutson

I think we lean into the idea, the passion, the hard work that we put in and we find those spaces again to meet people where they're at and then get tenacious and press forward. But I think we start small and we just recognize that people are people and we can connect with them wherever they're at.

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