Published Jun 13, 2018

Recode Decode: Linda McMahon, U.S. Small Business Administrator (Live at Code 2018)

Linda McMahon shares insights on entrepreneurship, her experience with WWE's growth, and the role of technology, while discussing the responsibilities of the tech industry and government in fostering innovation. She also provides a unique perspective on President Trump's business leadership and administration efforts to support small businesses.
Episode Highlights
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Episode Highlights

  • Leadership Insights

    Linda McMahon, the U.S. Small Business Administrator, shares her insights into President Trump's leadership style and initiatives. She describes him as a consummate businessman with a deep understanding of issues and an ability to make quick assessments. McMahon emphasizes his work ethic and ability to push through significant policy changes, such as tax cuts and regulatory rollbacks, despite the highly partisan environment 1 2.

    He's one of the hardest working presidents, I think, you know, we've had a long time in history, and he is indefatigable and really focuses on what he's doing.

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    Her unique position at the SBA allows her to navigate the political landscape with less partisanship, focusing on small business growth and economic development 3.

       

    Truth Dynamics

    The conversation shifts to President Trump's approach to truth and accountability, a topic that McMahon addresses with caution. She acknowledges that while Trump may be misquoted or have statements taken out of context, he sometimes retracts and revisits his statements 4. McMahon defends her interactions with Trump, stating that she has not experienced any untruths directly from him.

    I don't find in my interaction with him that there is anything that he has said when I've been in his presence that was not true.

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    This perspective highlights the complexity of navigating truth in a politically charged environment, where media portrayal and public perception often clash 5.

       

    Economic Initiatives

    McMahon discusses the Trump Administration's efforts to promote economic diversity, particularly through the SBA's initiatives. She highlights the agency's success in supporting minority businesses, with significant portions of loans going to women and minorities 6. McMahon also emphasizes the importance of reskilling and retraining the workforce in response to technological advancements.

    We've had about 41% of the loans that went to minorities last year.

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    The SBA's programs aim to foster economic growth in diverse communities, ensuring that small businesses can thrive amidst technological and economic changes 7.

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