The Dropout…

Ambition. Money. Deception. I’ve been watching The Dropout, a drama about the true story and scandal of Elizabeth Holmes and Theranos.

Between 2013 and 2016, Theranos sent 7.8 million test results to Arizona patients. Inaccurate results included a false HIV positive, a false cancer diagnosis and a false indication of miscarriage.

In the end, 700 million dollars of investors’ money was lost and 800 people lost their jobs.

Female entrepreneurs still struggle to find investors in the wake of the Theranos scandal. One female founder was told to dye her hair so that she looked less like Elizabeth Holmes.

In 2021, Billy Evans and Elizabeth Holmes became new parents. Later that year, a California jury found Elizabth Holmes guilty of three counts of fraud and one count of conspiracy to defraud public investors. She was sentenced to 11 years in prison, which she began serving in 2023 after the birth of a second child.

Elizabeth Holmes and Sunny Balwani her COO were jointly ordered to pay $452 million to victims of the fraud.

One thing that really stood out to me in the story was George Shultz. He was an American economist, businessman, and diplomat. He served in various positions under two different Republican presidents. Shultz retired from public office in 1989 but remained active in business and politics. He became a prominent and hands-on board member of Theranos and even got his grandson Tyler Shultz a job at the company. Apart from the blatant nepotism, Tyler went on to become one of the crucial whistle-blowers about the fraudulent technology, but George did not believe him for many years. He was quoted as saying, “I didn’t want to see the truth.”

Because if we see the truth, we can no longer ignore the truth, and then we must really face it.

Sometimes reality is facing a relationship that isn’t working.
Sometimes reality is facing a health diagnosis.
Sometimes reality is facing a job that isn’t right for us or damaging our health.

How would you finish this sentence, “Sometimes reality is facing…”

One theme of reality dropping out of cohort 5 of the Career Design Mastermind for a couple of participants is discovering that with the tools from foundational layer number two of the Career Pivots® Compass, Overcoming Limitations, they would have been able to navigate previous places of work more effectivelyand potentially wouldn’t have needed to change organisations to get their next Career Pivot®.

That’s why the Career Design Mastermind™ is set up to help you get the most out of your current situation, and help you figure out ‘what’s next?’ with all the how to’s and implementation strategy.

So, if you could do with improving your current situation, the Career Design Mastermind is also for you. Cohort 6 starts 1st May 2024 and there are only 6 places remaining.

Register immediately: https://intentional-careers.com/cdmm/

Book a call: https://calendly.com/hannah-nike-roberts/coaching-consultation-call

Keep Opening Up,

Hannah

PS Here are all of the next steps…

  • Join cohort 6 of the Career Design Mastermind starting 1st May 2024, 6 places remaining < < Join here> >
  • Book a free 45-minute 1:1 coaching consultation call here.
  • Register for the next free Intentional Careers WebClasshere (multiple dates available)
  • Get a copy of Intentional Careers for STEM Women < < Buy now> >

Listen to the latest episode of the Women in STEM Career & Confidence podcast. Dr Lucy Fernandes is a Senior Customer Success Scientist at Protein Metrics and has had a really interesting career journey that completely makes sense when you connect the dots looking backwards.

In this episode we talk about:

  1. Making the shift from superwoman fuelled by fear to authentic feminine leadership
  2. How our thoughts shape our reality
  3. Using a coaching tool called batching for energy matching to be more effective with productivity and time management.

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