E59 - Grace Beverley: How to make your side hustle a success

Podcast: The High Performance

Published Date:

Mon, 31 May 2021 00:00:00 GMT

Duration:

1:08:28

Explicit:

False

Guests:

Please note that the summary is generated based on the transcript and may not capture all the nuances or details discussed in the podcast episode.

Notes

This week Jake and Damian are joined by successful entrepreneur, Grace Beverley. Named in the Forbes 30 under 30 list in 2020, Grace is founder and CEO of two successful businesses, Tala and Shreddy, which she launched in her final year at Oxford University. 

At just 23 years old, what gave her the confidence to get started? How does she manage those around her with more experience? What are her views on social media and navigating modern life? How important is external validation?

Grace’s new book, 'Working Hard, Hardly Working', recently debuted as No. 1 in The Sunday Times best seller list. It’s available to buy now.

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Summary

# Summary: The High Performance Podcast with Grace Beverley

**Introduction:**

- Grace Beverley, a successful entrepreneur and founder of Tala and Shreddy, shares her insights on high performance, resilience, and navigating modern life.
- Her new book, 'Working Hard, Hardly Working,' debuted as No. 1 on The Sunday Times best seller list.

**Key Points:**

1. **Resilience and Overcoming Rejection:**
- Grace emphasizes the importance of resilience in facing setbacks and rejection.
- She shares her experience of being rejected from Oxford University and how she persevered to gain admission.
- Grace highlights the significance of recognizing whether a goal still resonates with you, despite rejection.

2. **Passion and Hard Work:**
- Grace discusses the concept of passion and its role in high performance.
- She challenges the notion that passion is a prerequisite for success and emphasizes the value of hard work and dedication.
- Grace believes that passion can often emerge after the hard work has been done and results are achieved.

3. **Social Media and the Illusion of Hustle Culture:**
- Grace acknowledges the prevalence of hustle culture and the unrealistic portrayal of work on social media.
- She reflects on her own contributions to this culture and the need for greater conscientiousness in sharing content.
- Grace stresses the importance of contextualizing social media posts and being aware of the curated nature of online lives.

4. **Comparison and Contextualization:**
- Grace addresses the issue of comparison and the tendency to measure oneself against others' achievements.
- She emphasizes the need for contextualization and understanding the circumstances behind others' success.
- Grace encourages individuals to focus on their own journey and progress rather than comparing themselves to others.

5. **Authenticity and Close Circle:**
- Grace discusses the importance of authenticity and surrounding oneself with a close circle of trusted friends and colleagues.
- She highlights the role of these individuals in providing honest feedback and helping one stay grounded.
- Grace believes that true friends can recognize when someone is not being authentic and can offer valuable insights.

**Conclusion:**

- Grace Beverley's insights on resilience, hard work, and navigating modern life offer valuable lessons for achieving high performance.
- She emphasizes the importance of contextualization, authenticity, and surrounding oneself with a supportive network.

**Podcast Episode Summary: Navigating Social Media, Building Successful Businesses, and Embracing Failure as a Stepping Stone**

**Episode Overview:**

This week's episode features Grace Beverley, a successful entrepreneur and founder of two thriving businesses, Tala and Shreddy. At just 23 years old, Grace shares her insights on building businesses, managing relationships with experienced professionals, navigating the complexities of social media, and the importance of self-worth and resilience in the face of criticism.

**Key Points:**

* **Social Media and Self-Esteem:** Grace emphasizes the need for individuals, especially young women, to develop self-worth that is independent of external validation. She highlights the importance of recognizing the impact of social media on self-esteem and suggests strategies for managing its effects, such as setting boundaries and questioning the motives behind posting content.

* **Building Successful Businesses:** Grace's entrepreneurial journey began when she was forced to make money due to a delay in her student finance. She created a fitness guide in a short amount of time and sold it online, which became the foundation for her first business, Shreddy. Grace emphasizes the importance of resourcefulness, adaptability, and perseverance in building successful businesses.

* **Replicating Success:** Grace attributes her success to her ability to identify what works and replicate it. She stresses the value of testing, learning, and making improvements based on feedback and data. Grace's approach involves continuous iteration and refinement of her products and services to meet the evolving needs of her customers.

* **Learning from Failures:** Grace acknowledges that she has experienced failures in her entrepreneurial journey. However, she views these failures as opportunities for learning and growth. She emphasizes the importance of not letting failures derail progress but instead using them as stepping stones to achieve success.

* **Embracing Success:** Grace discusses the significance of acknowledging and celebrating success, even if it's just a small achievement. She encourages individuals to internalize their successes and appreciate their accomplishments, rather than constantly focusing on the next goal or milestone.

* **The Side Hustle Culture:** Grace expresses her concerns about the side hustle culture and its potential impact on individuals' well-being. She believes that it can create anxiety and unrealistic expectations, leading to burnout. Grace emphasizes the importance of rest and self-care as essential elements of personal and professional growth.

**Overall Message:**

Grace Beverley's journey as an entrepreneur and her insights on navigating social media, building successful businesses, and embracing failures provide valuable lessons for aspiring entrepreneurs and individuals seeking personal growth. The episode highlights the importance of self-worth, resilience, and the ability to learn from setbacks. It also challenges the notion that the side hustle culture is always beneficial and encourages individuals to prioritize their well-being and personal fulfillment.

**Navigating Modern Life and the Importance of External Validation**

- Grace Beverley, founder of two successful businesses, Tala and Shreddy, shares her insights on navigating modern life and the importance of external validation.

- She emphasizes the significance of finding a balance between striving for success and taking time for rest and celebration.

- Grace acknowledges the potential drawbacks of the "side hustle" culture, particularly the pressure it can create and the toll it can take on one's mental and emotional well-being.

- She highlights the importance of recognizing one's limits and the need for delegation and trust in others to avoid burnout and maintain a healthy work-life balance.

**Imposter Syndrome and Building Self-Confidence**

- Grace discusses her personal experience with imposter syndrome and how she reframed her mindset to overcome it.

- She emphasizes the importance of analyzing situations and recognizing that self-doubt is not always a sign of incompetence but can also arise from external factors such as lack of representation or systemic barriers.

- Grace advocates for addressing structural issues that contribute to imposter syndrome rather than solely placing the onus on individuals to change their mindset.

**The Role of Men in Promoting Gender Equality**

- Grace stresses the need for men to be active allies in promoting gender equality and creating a more inclusive and supportive environment for women in the workplace.

- She encourages men to challenge harmful stereotypes, advocate for equal opportunities, and amplify the voices of women in leadership positions.

- Grace emphasizes the importance of systemic changes to address the gender gap and create a level playing field for women in various industries.

**Quickfire Round: Non-Negotiable Behaviors, Advice for Teenage Grace, Legacy, and Golden Rule for High-Performance Living**

- Grace shares her three non-negotiable behaviors: kindness, manners and politeness, and discipline.

- She advises her teenage self to cultivate unconditional self-worth, independent of external validation or achievements.

- Grace believes that legacy is less about being known for something specific and more about making a positive impact on the lives of those around her.

- Her golden rule for high-performance living is that sometimes productivity can be a form of self-care, and vice versa.

- She emphasizes the importance of recognizing that relentless pursuit of goals does not mean sacrificing rest and well-being.

# High Performance Podcast Episode Summary: Grace Beverley - Working Hard, Hardly Working

## Introduction

* Jake Humphrey and Damian Hughes welcome successful entrepreneur Grace Beverley to the podcast.
* Grace is the founder and CEO of two successful businesses, Tala and Shreddy, which she launched in her final year at Oxford University.

## Grace's Journey to Success

* At just 23 years old, Grace has achieved remarkable success.
* She shares her insights on what gave her the confidence to get started, how she manages those around her with more experience, and her views on social media and navigating modern life.
* Grace's new book, 'Working Hard, Hardly Working', recently debuted as No. 1 in The Sunday Times best seller list.

## Key Themes

* **The Importance of Confidence:** Grace emphasizes the significance of self-confidence in pursuing entrepreneurial ventures. She encourages aspiring entrepreneurs to believe in their abilities and take calculated risks.
* **Managing Experienced Individuals:** Grace shares her approach to managing individuals with more experience than her. She highlights the importance of open communication, seeking advice, and creating a collaborative work environment.
* **Navigating Social Media:** Grace discusses the challenges and opportunities of social media in today's world. She emphasizes the need for authenticity and finding a balance between personal and professional life.
* **External Validation:** Grace reflects on the role of external validation in her entrepreneurial journey. She stresses the importance of internal validation and focusing on personal growth and fulfillment rather than seeking constant external approval.

## Grace's Advice for Aspiring Entrepreneurs

* **Take Calculated Risks:** Grace encourages aspiring entrepreneurs to step outside their comfort zones and take calculated risks. She emphasizes the importance of learning from both successes and failures.
* **Embrace Failure:** Grace believes that failure is a natural part of the entrepreneurial journey. She advises aspiring entrepreneurs to embrace failure as an opportunity for growth and learning.
* **Stay True to Yourself:** Grace emphasizes the importance of staying true to oneself and one's values. She encourages aspiring entrepreneurs to pursue ventures that align with their passions and interests.

## Conclusion

* The episode concludes with a discussion of the overall message of Grace's book, 'Working Hard, Hardly Working'.
* Grace highlights the importance of finding a balance between hard work and personal well-being.
* She encourages listeners to pursue their passions, embrace challenges, and strive for personal growth and fulfillment.

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