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Alisa Cohn19 October 2021

#539: Alisa Cohn on Prenups for Startup Founders, How to Reinvent Your Career, the Importance of "Pre-Mortems," and the Three Selves

9Frameworks
12Insights

Frameworks in this episode

Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Hot Take· 1

Hot Take1:04:30

Burnout Can Come From Wasted Time, Not Hard Work

Cohn argues that irrelevant meetings do more than create an opportunity cost: they make employees feel trapped while meaningful work accumulates. Ferriss agrees that he feels most depleted by unwanted fragmentation rather than intense work on something important.

  • Organizations scrutinize small expenses while ignoring hours of staff time
  • Irrelevant meetings prevent employees from doing work that matters
  • Friction and wasted effort can feel more exhausting than demanding purposeful work

people don't feel burned out because they're working long hours or they're working hard people feel burned out when they're wasting their time

Alisa Cohn · 1:07:00

it's not when i'm working really hard on something i care about or something i'm excited about

Tim Ferriss · 1:08:00
#burnout#meetings#meaningful work

Explainer· 2

Explainer13:00

How Prestige Can Trap a Career Reinvention

Cohn explains why she interviewed at Goldman Sachs immediately after leaving another prestigious firm that felt wrong. Her education and peers supplied a narrow menu of respectable paths, making alternatives feel like failure rather than exploration.

  • Pedigree can create pressure to justify past educational investment
  • Recruiting environments expose students to only a small slice of possible work
  • Leaving the accepted path can feel like giving up even when the path is a poor fit

there wasn't a lot of context for getting off track

Alisa Cohn · 13:30

if you strayed from this tight narrow list of things you could possibly do it felt like somehow you were not being successful

Alisa Cohn · 15:00
#career change#prestige#identity
Explainer1:47:30

A Startup Outgrows the Founder's Original Job

Cohn organizes founder growth into managing yourself, managing employees, and managing the business. Product instinct may start a company, but scale requires learned leadership practices such as delegation, hiring, onboarding, firing, board management, and co-founder management.

  • Founder development begins with awareness of personal behavior under stress
  • Scaling requires systems and people because the founder cannot keep doing everything
  • Delegation is especially difficult when founders experience the company as their baby
  • Leadership and management require deliberate learning

it starts with you and that really means you beginning to think about your self-awareness

Alisa Cohn · 1:48:00

leadership is an unnatural act

Alisa Cohn · 1:56:30
#founders#leadership#scaling

Story· 4

Story10:00

The Flu Wish That Ended Cohn's Accounting Career

Alisa Cohn realized how deeply wrong her career felt when she wished for the flu so she could avoid work, then became seriously ill hours later. The experience forced her off a goal-oriented plan and toward work that felt nourishing and consequential.

  • Cohn felt that PwC was not feeding her soul
  • Her physical reaction made continued avoidance impossible to ignore
  • She began searching for work through which her efforts would matter

i hope i get the flu so i don't have to go into work tomorrow

Alisa Cohn · 10:30

i can't do this anymore it's not me i can't do it

Alisa Cohn · 11:00
#career change#burnout#self-awareness
Story17:30

The Goldman Rejection That Made a Startup Work

After quickly regretting a startup job, Cohn asked Goldman to revive an offer she had declined. The answer was no, but the closed door ended draining second-guessing; she returned to the startup and discovered a valuable, proactive role.

  • Cohn directly admitted that she believed she had made a mistake
  • The recruiter refused but identified her credibility and comfort with rejection
  • Clear rejection removed the option to keep relitigating the decision
  • The startup ultimately gave her early exposure to investors and a CEO's work

i've made a mistake i should have taken your job offer this was a bad idea i would like to now reconsider

Alisa Cohn · 18:30

the clarity was so helpful i don't have to now wonder should i have done that

Alisa Cohn · 27:00
#rejection#startups#decision making
Story34:00

A Short Cold Email Led to Marshall Goldsmith's Coaching Team

Unable to network her way to Marshall Goldsmith in San Diego, Cohn emailed him directly with a brief, flexible request. During their walk she reciprocated his offer of help by asking how she could improve his life, which opened a project and eventually a place on his coaching team.

  • The email was short and referred to the New Yorker article that inspired her
  • She made the request easy to accept by offering flexibility
  • She followed instructions and arrived prepared
  • Asking how she could help converted a meeting into a working opportunity

under any conditions that will work for you a short period of time any time you want

Alisa Cohn · 35:30

well marshall how can i make your life better

Alisa Cohn · 37:30
#cold email#mentorship#networking
Story1:17:30

Why Avoiding Difficult Feedback Can Rob an Employee

A compassionate CFO avoided giving a direct report needed feedback because he expected her to cry. Cohn reframed his avoidance as stinginess: he was protecting himself from discomfort while withholding information that could improve the employee's career.

  • Empathy can become avoidance when a manager withholds useful truth
  • The difficult conversation included role-play and a solid relationship
  • The employee did cry but later expressed gratitude
  • She wished someone had told her the same things fifteen years earlier

it's so stingy of you to hold back because you're not comfortable

Alisa Cohn · 1:18:30

i wish somebody had told me all this 15 years ago

Alisa Cohn · 1:19:30
#feedback#management#empathy

Takeaway· 5

Takeaway29:00

Cohn Built Her Coaching Career With Unpaid Reps

Cohn trained as a coach while working in startups, then insisted on coaching friends for free and later coached strangers referred by those friends. Introductory sessions at a gym vendor fair added more practice and demonstrated that careful listening could create value quickly.

  • She took coach training before making coaching her full-time work
  • Friends provided early low-stakes practice
  • Referrals introduced the challenge of coaching strangers
  • Free work produced experience and later paid referrals

i coached them all for free in fact they did not want the coaching i insisted on coaching them

Alisa Cohn · 31:00

you can add a lot of value very quickly for people just by listening to what's going on with them and responding

Alisa Cohn · 32:30
#coaching#career change#practice
Takeaway58:30

Why a Skeptical Remote Leader Changed His Mind on Offsites

Cohn recommends offsites in response to concrete symptoms such as weak alignment, unclear goals, or poor relationships rather than as a ritual. Ferriss tried one as a bounded experiment and found that shared meals, humor, and non-status interaction reduced isolation across a distributed team.

  • An offsite should respond to observed team problems
  • The event needs a specific working or relationship goal
  • Team cohesion can be a legitimate outcome in itself
  • Distributed specialists may feel isolated even when their work is functioning

people are not on the same page people don't understand the goals there's not maybe a strong relationship between key people

Alisa Cohn · 59:00

what's the max downside and is there possible upside

Tim Ferriss · 1:00:30
#offsites#remote work#team cohesion
Takeaway1:25:30

Treat Failure as Evidence of Where to Train

Ferriss and Cohn discuss reframes that turn failure from a verdict into diagnostic evidence. Cohn's strength coach welcomed a failed lift because it exposed a gap, while Ferriss describes difficult moments as pop quizzes that reveal whether practice transfers outside the dojo.

  • A failed attempt can identify a specific training gap
  • Weaknesses matter most when they handicap strengths
  • A real-world breakdown tests whether prior practice transfers
  • Obstacles are part of life rather than interruptions to a hidden obstacle-free path

oh good now we know where the gaps are

Alisa Cohn · 1:27:00

that's a pop quiz from the universe

Tim Ferriss · 1:28:30
#failure#reframing#learning
Takeaway1:57:00

How Cohn Learned to Assess Broadway Investments

Cohn says her strongest learning came from conversations with co-producers and repeated exposure to show budgets and break-even analyses. Her accounting background helped her interrogate assumptions, while pattern recognition across many packages improved the questions she could ask.

  • Experienced co-producers supplied practical lessons and mistakes
  • Budgets and break-even analyses expose the investment assumptions
  • Repeated deal exposure makes unusual allocations easier to spot
  • Pattern recognition improves diligence questions

mostly my best learning came from sitting down with a number of co-producers and just hearing about their experiences

Alisa Cohn · 1:58:00

seeing a lot of deals seeing a lot of packages is very helpful

Alisa Cohn · 1:59:00
#broadway#investing#pattern recognition
Takeaway2:28:30

The Network Is Strongest Before You Need Anything

Cohn recommends maintaining a manageable list of important contacts and scanning for simple, genuine reasons to reconnect. Congratulations, useful resources, and relevant introductions keep relationships alive; when a dormant contact is needed, honesty and an easy way to decline work better than pretending there is no ask.

  • Keep a list or spreadsheet of important personal and professional contacts
  • Use genuine events, articles, and memories as low-friction reasons to reconnect
  • Offer help and useful introductions before requesting favors
  • When making an ask after silence, be warm, direct, and give the person an out

keep in touch with your network and give first

Alisa Cohn · 2:29:00

just reach out be warm and be direct don't pretend that you were just thinking about them

Alisa Cohn · 2:32:00
#networking#relationships#career