This past weekend, I spent time reading CNN anchor Brooke Baldwin’s forthcoming book, “Huddle,” which is all about how women can come together and harness their collective power. (It comes out on April 6, but if you want a preview, I’m interviewing Baldwin all about it live on Forbes’ Instagram page today at 12pm ET!)
Ever since finishing the book, I’m seeing “huddles” of women, and particularly female entrepreneurs, everywhere I look. One such group is DealmakeHers, a community of the most impactful female dealmakers in the retail and consumer space. It’s invitation only, but I had the privilege of moderating a conversation with its members and star poker player Maria Konnikova last week, and I’m still reflecting on the conversation today. Konnikova is also a psychologist, and she draws many ties between the poker table and the board table.
“Life is poker and it’s a game of incomplete information…it’s probabilities,” she told me. The goal, she says, is to make the best decision possible with incomplete information. Crucially, she said, the best decision can mean walking away from a deal or negotiation. Konnikova acknowledges that walking away can be easier when you have money, an established brand, or good reputation, “the ‘f--- you’ attitude can exist without the ‘f--- you’ money.”
Cheers to that!
P.S: Between the time away from the physical office to an uptick in home improvement projects, I’ve often wondered if the past year of pandemic living is giving me a preview of my retirement years. I’m not the only one to draw this analogy: Forbes retirement contributor Joseph Coughlin lists seven retirement “surprises” that millennials have learned during Covid, and I found myself nodding my head at every single one.