1. take out, to get out (In the sense of "fetching" something or someone from some sort of "inside" - be it a pocket or a depressive phase. The location is added with "aus", because you know... German)
Opposite (closest): einstecken
2. to get all the potential ("rausholen aus" - the idea is that extract or activate ALL the resources that are inside. Often used for oneself in context of performance)