Listen to “#827 How to Move Past Shame When Your Small Business Fails” on Spreaker.
On this episode of The Small Business Radio Show…
A lot of small business owners feel shame when their company fails because they link who they are so much with their business. This is compounded when they lose money from people they know. What do we do with this shame?
Dr. Abbie Maroño has a new book called “Work in Progress: The Road to Empowerment, The Journey Through Shame” which offers a fresh perspective on the often-overlooked role of shame in personal growth.
We discussed:
How does your book challenge the common perception of shame as a negative emotion?
Can you elaborate on the scientific research that supports your book’s central theme?
How do you define empowerment, and how does it relate to the concept of shame resilience?
What are some practical strategies individuals can implement to transform shame into a catalyst for growth?
How do societal pressures and cultural expectations contribute to feelings of shame?
Can you discuss the role of shame in different demographics, such as gender, race, and socioeconomic status?
How does your book address the intersection of shame, mental health, and well-being?
It seems that the current President wants to change the US policy and open up trade again with Russia. One of his goals is to encourage American businesses to begin again in Russia. Would they be interested or are they ready?
Charles Hecker has spent forty years working in the Soviet Union and Russia. He has worked as a journalist at The Miami Herald and The Moscow Times, and as a geopolitical risk consultant at Control Risks, where he was a partner in the firm. He is also the author of “Zero Sum”: The Arc of International Business in Russia”, which is out now from Oxford University Press.
We discussed:
What makes the story of capitalism in Russia unique?
You interviewed executives from many large, global brands in order to write the book. Did they all depart Russia with the same feelings about their time there? Are some of them optimistic about ever returning to the country?
What do you think was the number one misunderstanding companies had about how capitalism in Russia would operate?
Were there difficulties that employees on the ground in Russia faced that they couldn’t share with their corporate headquarters back home?
Do you think western governments—who encouraged their home-grown companies to head to Russia—bear some of the responsibility for the unfettered growth there, which ended up in tatters?
Did Vladimir Putin coming into power change the course of capitalism in Russia? Could things have been different if someone else was in charge?
One of the most surprising things about the end of capitalism in Russia was that governments and companies didn’t see this coming—it seemed to come out of the blue. But did it, really?
If no one could predict something like the invasion of Ukraine and the subsequent expulsion of most western companies from Russia, is there any hope for risk-based consulting groups? Is this practice dead?
What lessons could be taken from this experience and applied to “emerging markets” elsewhere in the world?
It’s not known when western companies will be able to return to Russia, given the sanctions currently in place. If those are lifted, do you think companies will return? What should they keep in mind as they do so, given what’s happened in the past?
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