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The thing you think will get you a raise can get you FIRED instead!
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Auto-generated transcript. Not time-synced to the video.
In the little town of Lendingberg,
everyone came to Fred, the bank manager.
Fred only lent money when he was sure.
Very, very sure. 13,400
loans, not one late payment, not one.
So, when the big boss came to town, Fred
knew it was time to ask for a [music]
raise. He set his loan book on the desk.
Sir, I deserve a big raise. The boss
read every page. Then he looked up and
said, "Fred, you are fired." "Fired? But
my record is perfect." "That," said the
boss, "is the problem. Some loans always
fail. The interest [music] covers it. We
pay you to take smart risks, and you
should have lent three times as much."
Fred walked [music] out and saw a busy
bakery across the street. He had once
turned that baker down. A perfect record
can mean you played it [music] too safe.
Growth needs smart risk.
>> [bell]