In this episode, Shelby Scarbrough is a serial entrepreneur, author, mentor, and teacher. She chose to discuss “The Wonderful Wizard of Oz” and all the amazing lessons for business owners that can be found along the yellow brick road. 

Highlights and Takeaways from the Podcast:

  • The Wizard of Oz was originally a children’s novel written by Frank Baum in 1900, and the first edition of 10,000 copies sold out quickly.
  • The success of the novel and the 1902 Broadway musical prompted Baum to write 13 additional Oz books, which serve as the official sequels to the first story.
  • Glinda the Good Witch is important as a mentor figure for Dorothy, advising her and pointing her in the right direction, but ultimately letting her find her own way.
  • Envy and coveting things, like the red slippers by the Wicked Witch of the West, is toxic and ultimately self-destructive.
  • Comparing your life or business to someone else’s highlight reel can lead to disappointment and envy.
  • Everyone has their own problems and challenges, and it’s important to focus on finding your own path to solving them.
  • Sometimes, what seems like a setback or a failure can turn out to be the best thing that ever happened, as exemplified by Shelby’s former employee who was let go but ended up finding greater success and happiness.
  • Trust is an important theme in The Wizard of Oz, as the characters had to learn to trust each other to achieve their goals.
  • The importance of diversity is also highlighted in The Wizard of Oz, as each character brought something unique to the team.
  • Staying the course and pushing through obstacles is important for business owners, but it’s also important to know when to pivot or adjust expectations.
  • Doing something civil, kind, and thoughtful, like Dorothy putting out the fire, can sometimes vanquish evil and triumph over adversity.
  • The importance of responding to negative influences in a positive way to succeed in business and in life.
  • A great takeaway is to encourage people to think about their way of being, the leader they want to be, and the culture they want to instill in their business, rather than focusing on metrics like marketing and revenue goals. The right path can bring more peace and joy.
  • The Wizard of Oz was wearing a mask of fear to hide the reality that he was just a normal human being. Once that mask was peeled away, he was able to become his real self and embrace all the qualities he had within him.
  • Leaders today embrace their flaws and faults. There is a lot more empathy in business.
  • “There’s no place like home” is about finding your core, your anchor, your roots, your go-to, and where your energy can be replenished. It’s also the concept of what’s in you, knowing that you are self-reliant and understanding the magic, the power that you have within you.


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The Global School of Entrepreneurship



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