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Phyl Terry: evaluation

12 Sept 2024 Lenny's Podcast Land your dream job in today’s market: negotiation tactics, job search councils, and more | Phyl Terry (Author, “Never Search Alone”)

“We're trying to be the solve for the unintended consequences of the thing that is so positive in many ways and that we as product people love because we get to build new products and displace old products.”

— Phyl Terry

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Speaker
Phyl Terry
Attribution
Verified speaker
Claim type
evaluation
Recorded
12 Sept 2024
Publisher
Lenny's Podcast

Transcript context

…Does that ring a bell? If we go up to the 30,000-foot level, what are we doing here? What's our mission? We're building a private safety net for all those who've been laid off or let go. Look, we're not going to do what the government does with unemployment insurance, we're never going to be able to do something like that. But the government's never going to be able to innovate around how to actually look for a job. That's where we come in. We are trying to build this. We talked about this earlier, Lenny, creative destruction is this economic concept that sits at the heart of capitalism. Creative destruction basically says, "Under capitalism, it's dynamic. New products and services displace or disrupt old products and services, companies and methods." It's why our economy has grown sixfold over the last a hundred years. It's remarkable. It's why we have this amazing multi-trillion dollar economy. But it comes with some negative unintended consequences, which is that people both in jobs and out of jobs, they're anxious and fearful. There's no program that addresses that. That's what we're going after here. We're trying to be the solve for the unintended consequences of the thing that is so positive in many ways and that we as product people love because we get to build new products and displace old products. I'll just say one more thing. The reason you know this creative destruction works so well is if you compare our economy to the late Soviet Union's economy. They were a planned economy with no creative destruction. So there was no innovation, and eventually it just failed. It just collapsed. It's remarkable, this is a huge country with a massive military and nuclear weapons, but they couldn't make their economy work. Why? Because they didn't have this element. So it's something to celebrate, but as we celebrate it, we need to have something that addresses the negative unintended consequences. All of us who benefited from this, I think it's our duty to do something about it. That is beautiful. You're very good at this. Let's shift to talking about tactics. Let's talk about some of the things that you've shared. So you've mentioned things like candidate market fit, playing to win. Go wherever you want to go. Let's pick a few and then dive in.…

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