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Founders
David Senra
Learn from history's greatest entrepreneurs. Every week I read a biography of an entrepreneur and find ideas you can use in your work. This quote explains why: "There are thousands of years of history in which lots and lots of very smart people worked very hard and ran all types of experiments on how to create new businesses, invent new technology, new ways to manage etc. They ran these experiments throughout their entire lives. At some point, somebody put these lessons down in a book. For very little money and a few hours of time, you can learn from someone’s accumulated experience. There is so much more to learn from the past than we often realize. You could productively spend your time reading experiences of great people who have come before and you learn every time." —Marc Andreessen
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#245 Rick Rubin (In the Studio)
8 трав. 2022 р.1h 21mWhat I learned from reading Rick Rubin: In the Studio by Jake Brown. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- Rick Rubin on Lex Fridman Podcast #275 Rick Rubin on The Peter Attia Drive Podcast #57 Shangri-La Documentary Rick’s podcast Broken Record [1:39] Decoded by Jay Z. (Founders #238) [3:19] Simplicity is the ultimate sophistication. [3:31] His goal is to record music in its most basic and purest form. No extra bells and whistles. All wheat, no chaff. [5:42] Dr. Land was saying: “I could see what the Polaroid camera should be. It was just as real to me as if it was sitting in front of me before I had ever built one.” And Steve said: “Yes, that’s exactly the way I saw the Macintosh.” He said if I asked someone who had only used a personal calculator what a Macintosh should be like they couldn’t have told me. There was no way to do consumer research on it so I had to go and create it and then show it to people and say now what do you think?” Both of them had this ability to not invent products, but discover products. Both of them said these products have always existed — it’s just that no one has ever seen them before. We were the ones who discovered them. The Polaroid camera always existed and the Macintosh always existed — it’s a matter of discovery. [7:31] My goal is to just get out of the way and let the people I'm working with be the best versions of themselves. [7:50] Berkshire Hathaway Letters to Shareholders 1965-2018 by Warren Buffett (Founders #88) [11:26] In-N-Out Burger: A Behind-the-Counter Look at the Fast-Food Chain That Breaks All the Rules by Stacy Perman. (Founders #244) [14:13] “Designing a product is keeping 5,000 things in your brain and fitting them all together in new and different ways.” —Steve Jobs [16:00] Less is more but you have to do more to get to less. [16:25] Against The Odds: An Autobiography by James Dyson and reading A History of Great Inventions by James Dyson. (Founders #200) [17:56] Rubin's most valuable quality is his own confidence. [20:57] If we're going to do this, let's aim for greatness. You have to believe what you were doing is the most important thing in the world. [21:29] Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger by Janet Lowe. (Founders #221) “Everybody engaged in complicated work needs colleagues. Just the discipline of having to put your thoughts in order with somebody else is a very useful thing.” [24:24] On being a reducer —not a producer: Often in the studio there will be the idea to add layers to make it seem bigger. Sometimes the more things you add, the smaller it gets. A lot of it is counterintuitive. You need to discover it in practice. [27:10] I want to play loud. I want to be heard. And I want all to know I'm not one of the herd. [36:16] There were no stars in rap music. It was really just a work of passion. Everyone who was doing it was doing it because they loved it, not because anyone thought it was a career. [38:12] Krush Groove YouTube link [38:47] Russell really cared about finding new ways to expose their music to a bigger audience. [39:03] Bloomberg by Michael Bloomberg. (Founders #228) [44:19] A handmade product at scale. [48:23] Rap music as recorded work was just eight years old. [50:06] Q: Do you have an engine of constant dissatisfaction. Self criticism that I could have done better? A: No. I’m pleased with the work that we did. Excited to keep working. It’s fun. I don’t know what else I’d do with myself. I like making things, it’s fun. I feel like it’s my reason to be on the planet so I just keep doing it. If it could be better I would have kept working on it. If it could be better it’s not done. I’ve done everything I can to make it the best it can be. I can’t do more than that so there is nothing to be critical of. It is almost like a diary entry. Everything we make is a reflection in a moment in time. Could be a day, could be a year. [52:54] These things that we don't understand and cannot explain happen regularly. [58:33] To be ignorant of what occurred before you were born is to remain always a child. [58:58] He's living in four different centuries at once. [1:01:02] I believe in you so much, I'm going to make you believe in you. [1:03:07] Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson (Founders #140) Gates and Allen were convinced the computer industry was about to reach critical mass, and when it exploded it would usher in a technological revolution of astounding magnitude. They were on the threshold of one of those moments when history held its breath... and jumped, as it had done with the development of the car and the airplane. They could either lead the revolution or be swept along by it. [1:05:35] The newest sounds have a tendency to sound old when the next new sound comes along. But a grand piano sounded great 50 years ago and will sound great 50 years from now. I try to make records that have a timeless quality. [1:13:58] Mozart: A Life by Paul Johnson. (Founders #240) ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers. ”— Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#244 Harry Snyder (In-N-Out Burger)
3 трав. 2022 р.1h 5mWhat I learned from reading In-N-Out Burger: A Behind-the-Counter Look at the Fast-Food Chain That Breaks All the Rules by Stacy Perman. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [2:03] This is an absorbing case study on how a family business came to be at the center of its own cheerful cult. [2:42] Aliens, Jedi, & Cults: A Mental Model for Potential [5:05] Stripe gave me a mental model for potential. An alien founder assembles a group of Jedi to start a cult and go on a mission together. [5:28] The developers raving about Stripe formed the cult. [6:37] If you are searching for a project with potential, watch out for the alien founder, Jedi team, and cult following of people on a messianic mission. [7:58] A few years ago I started notice that people were getting Tesla tattoos. It is very hard to ever short something where people are tattooing the brand on their body. — Josh Wolfe [8:38] Becoming Trader Joe: How I Did Business My Way and Still Beat the Big Guys (Founders #188) Word of mouth is the most effective advertising of all. I have been known to say that there's no better business to run than a cult. Trader Joe's became a cult of the overeducated and underpaid, partly because we deliberately tried to make it a cult once we got a handle on what we were actually doing, and partly because we kept the implicit promises with our clientele. [9:12] List of David Ogilvy podcasts: Ogilvy on Advertising (Founders #82) Confessions of an Advertising Man (Founders #89) The King of Madison Avenue: David Ogilvy and the Making of Modern Advertising(Founders #169) The Unpublished David Ogilvy (Founders #189) [9:17] Word of mouth is the most effective advertising of all. In and Out has that, Tesla has that, Stripe has that, Bitcoin has that, Trader Joe's has that, Apple has that. [10:35] Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future (Founders #31) The best startups might be considered slightly less extreme kinds of cults. The biggest difference is that cults tend to be fanatically wrong about something important. People at a successful startup are fanatically right about something those outside it have missed. [11:33] In and Out was fanatically right about something that companies like McDonald’s, Wendy's and others, missed. [11:43] The most important sentence in the book: "Keep it real simple. Do one thing and do it the best you can.” [12:55] The family owned, fiercely independent chain has remained virtually unchanged since its inception in 1948. [14:53] It is known as the anti-chain with the cult-like mystique. The anti-chain is a perfect way to describe In and Out’s approach to building their business. [19:48] Harry's drive and tenacity were propelled by the uncertainty of watching his parents labor to provide for his family. Harry grew into a disciplined fellow with a strong sense of responsibility. [27:50] The Everything Store: Jeff Bezos and the Age of Amazon (Founders #179) [28:15] Sol Price: Retail Revolutionary & Social Innovator (Founders #107) [28:55] I have always said that competition just makes you stronger. You shouldn't be afraid of the competition. They make you stay on top of your game. They keep you on your toes. [29:23] You don't ever cut corners when it comes to the quality of your product. [30:23] There is no cult-like following for shitty products. [33:21] This dude is obsessed with simplicity. [33:44] Insanely Simple: The Obsession That Drives Apple's Success Never underestimate the degree to which people crave clarity and respond positively to it. [36:26] If he was alive today and you could ask him for advice I think he would just say do it yourself. [37:18] This is an important distinction —and I think also how you get to a cult-like following—he's not interesting in being the biggest, he's interested in being the best. [38:34] If you’re efficient, you’re doing it the wrong way. The right way is the hard way. The show was successful because I micromanaged it—every word, every line, every take, every edit, every casting. That’s my way of life. [39:47] He refused to sacrifice quality for the sake of profits. [40:05] From the start, In-N-Out ran a customer-driven shop. [41:00] Authentic: A Memoir by the Founder of Vans (Founders #216) [44:07] He believed in paying for quality and that included wages. [44:31] Why would you skimp on the level of quality people you work with? That's insane to me — it just makes no sense at all. [44:48] Les Schwab Pride In Performance: Keep It Going! [45:42] Embrace hard work, ignore fads, identify what's important to you, and repeat it for decades. [46:39] The Sugar King of Havana: The Rise and Fall of Julio Lobo, Cuba's Last Tycoon(Founders #237) [50:00] Catering to the car-reliant customer, Harry focused on putting his drive-throughs right next to off-ramps of the fast-expanding freeway system. The growing Southern California freeway network became a significant factor in In-N-Out's own rising popularity. [50:45] He's got a handful of really simple principles he refuses to deviate from. He focuses on quality and does that for decade after decade, He's giving us somewhat of a blueprint to build a cult-like following. People respond to this because you've put their interest ahead of your own. [51:56] Nuts!: Southwest Airlines' Crazy Recipe for Business and Personal Success(Founders #56) [56:50] You don't build a cult following by trying to wring more money out of cheaper products. [58:19] I'm focused on the customer. I'm focused on quality. My competitors are focused on a spreadsheet. [59:56] Limit the number of details to perfect and make every detail perfect. That is exactly what Harry Snyder did. [1:00:41] From his perspective, In-N-Out was simply a different creature than its competitors. [1:01:07] He was very much about problem solving before it became a problem. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#243 Francis Greenburger (Real Estate Billionaire)
25 квіт. 2022 р.1h 16mWhat I learned from reading Risk Game: Self Portrait of an Entrepreneur by Francis Greenburger. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [1:26] I can be extremely stubborn when I have a hunch about something. [3:31] I knew all too well that markets can turn on a dime. [5:40] Money that had once flowed freely dried up over night. [6:41] I always listened to other people's ideas because that is how you happen upon the good ones. [6:46] Logic is no match for bureaucracy. [7:33] This ruthless industry has created far more bankruptcies than it has billionaires. Saying no is the most important judgment that you make. [9:00] Time to Make the Donuts: The Founder of Dunkin Donuts Shares an American Journey (Founders #231) [9:09] Sometimes the best lessons that you learn in life are from what you discover in the weaknesses of otherwise very good people. [15:54] My father was terrible with money. His knack of mismanaging it, losing it, or not making it in the first place was an incredible source of stress within our family. [19:09] The constant question mark that was my parents's checkbook balance made a lasting impression. [24:31] His pride in my abilities formed the basis of the self-confidence that allowed me to start businesses, sell books, make crazy friends, and love women at an age when most others were busy with their homework. [29:40] The Fish That Ate the Whale: The Life and Times of America's Banana King (Founders #37) [30:12] I see opportunity where others saw nothing. [31:34] He doesn't dilly-dally. This guy moves fast. It's not like I proved it once, let me try two or three times. He is like it worked once, it's gotta work over and over again, and he immediately starts to scale it. [37:40] Don’t interrupt the compounding: I was skating on razor thin margins that a busted toilet could threaten. But I prefer to remain on the edge as I kept my buildings running rather than sell any of them before they grew to the much higher value that I had a hunch they would one day achieve. [40:45] The idea that builds his empire: By co-oping I would be dealing with tens of thousands of dollars in sales, rather than hundreds of dollars in rents. [41:58] Once something works don't dilly dally. Go as fast as you possibly can. [43:08] Lots of folks thought what I was doing was insane. [43:17] I knew something that the market had not yet fully embraced. [47:06] My advice to those with expanding businesses is that they must first make a decision about how they want to allocate their time and structure their business so that the balance reflects that. [49:33] Children require attention and involvement. This takes you out of your self orientation and makes you invest in another person who can only pay you in one currency: Love. [50:09] If anyone had asked me in 1990 what the chances of my business survival was I would have said 1 in 100. I still consider it a miracle that we didn't go bankrupt. [53:12] The main lesson is never delay discomfort. Waiting or ignoring a problem never solves it. Just run towards it. [55:36] Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future (Founders #30) [56:27] Every parent’s worst nightmare. [1:06:25] Disaster usually rises when short-term profit takes precedence over lasting value creation. [1:08:21] I don't pick investments. I pick jockeys, not horses. [1:10:31] Tuxedo Park: A Wall Street Tycoon and The Secret Palace of Science That Changed The Course of World War II (Founders #143) [1:10:52] The Richest Woman in America: Hetty Green in the Gilded Age (Founders #103) [1:13:52] Real security comes from adaptability. [1:13:59] Independent thinking in its simplest forms means not assuming that the status quo was the best answer, the right answer, or the most effective answer. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#242 Francis Ford Coppola: A Filmmaker's Life
21 квіт. 2022 р.1h 29mWhat I learned from reading Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [2:49] You can always understand the son by the story of his father. The story of the father is embedded in the son. [5:33] I had spent a lifetime with a frustrated, and often unemployed man, who hated anybody who was successful. [7:01] And he said, “Yeah, but there can only be one genius in the family. And since I'm already that, what chance do you have? “What kind of father says something like that to his son? [8:21] He is incredibly talented and incredibly pretentious. He doesn't know what he's doing half the time and the other half of the time he's brilliant. [9:46] There is no speed limit. The standard pace is for chumps. [10:04] Pulitzer: A Life in Politics, Print, and Power (Founders #135) [11:54] George Lucas: A Life (Founders #35) [12:45] Steven Spielberg: A Biography (Founders #209) [14:10] Coppola displayed a remarkable ability to do whatever was necessary to get the job done. [16:30] I had an overwhelming urge to make films. [19:11] I deliberately worked all night so when he'd arrive in the morning he would see me slumped over the editing machine. [20:36] Say yes first, learn later. [21:00] My peculiar approach to cinema is I like to learn by not knowing how the hell to do it. I’m forced to discover how to do it. [23:10] His willingness to seize the moment was one of the main characteristics separating him from his other fellow students and aspiring filmmakers. [30:44] The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley (Founders #233) [37:43] You have to control the money or you don't have control. [38:53] At his absolute lowest point comes his greatest opportunity. [41:59] It only takes a couple of these gigantic flops to permanently erase any positive financial outcome that you had previously. [44:55] Either control your emotions or other people are going to control you. [47:35] In many cases, the people we study are dead. We can't talk to them, but they can still counsel us through their life stories. [50:00] Excellence took time and patience. [51:56] Even in the vortex of the storm some outstanding work was being accomplished. Something strong and powerful was being forged in struggle. [52:46] Vito Corleone had shown a rough-hewn old-world wisdom, the kind gained through experience rather than from a textbook. [56:29] A great story about loyalty and friendship. If you have a friend like this, hold onto them. [1:03:32] Martin Sheen on working for Coppola: I have a lot of mixed feelings about Francis. I'm very fond of him personally. The thing I love about him most is that he never, like a good general, asks you to do anything he wouldn't do. He was right there with us, lived there in shit and mud up to his ass, suffered the same diseases, ate the same food. I don't think he realizes how tough he is to work for. God, is he tough. But I will sail with that son of a bitch anytime. [1:04:58] I always had a rule. If I was going away for more than 10 days I’d take my kids out of school. [1:08:31] If you don't have this fundamental alignment between who you are and the work you do —and how you do that work —there's going to be some level of misery unhappiness if you don't resolve that conflict. [1:12:22] Half the people thought it was a masterpiece and half the people thought it was a piece of shit. [1:23:01] On the death of his son: I realized that no matter what happened, I had lost. No matter what happened, it would always be incomplete. [1:25:38] I want to be free. I don't want producers around me telling me what to do. The real dream of my life is a place where people can live in peace and create what they want. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#241 The Wright Brothers, Glenn Curtiss, and the Battle to Control the Skies
14 квіт. 2022 р.1h 27mWhat I learned from reading Birdmen: The Wright Brothers, Glenn Curtiss, and the Battle to Control the Skies by Lawrence Goldstone. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [1:07] The Wright Brothers (Founders #239) [3:47] Avoid any activity that distracts you from improving the quality of your product and the quality of your business. [5:58] Completely self-taught, he made spectacular intellectual leaps to solve a series of intractable problems that had alluded some of history's most brilliant men. [9:46] The Wright-Curtiss feud was at its core a study of the unique strengths and flaws of personality that define a clash of brilliant minds. Neither Glenn Curtiss nor Wilbur Wright ever came to understand his own limits, that luminescent intelligence in one area of human endeavor does not preclude gross incompetence in another. And because genius often requires arrogance, both men continuously repeated their blunders. [13:38] P.T. Barnum: An American Life (Founders #137) [13:49] John Moisant had three failed attempts to overthrow the government of El Salvador. [17:44] Master of Precision: Henry Leland (Founders#128) [19:32] Sacrifices must be made. [20:18] The science of flight has attracted the greatest minds in history—Aristotle, Archimedes, Leonardo, and Newton, —but achieving the goal stumped all of them. [23:19] If you go back a few hundred years, what we take for granted today would seem like magic-being able to talk to people over long distances, to transmit images, flying, accessing vast amounts of data like an oracle. These are all things that would have been considered magic a few hundred years ago. —Elon Musk [23:57] If the process was to move forward with any efficiency, experimenters would need some means to separate what seemed to work from what seemed not to–data and results would have to be shared. The man who most appreciated that need was someone who, while not producing a single design that resulted in flight, was arguably the most important person to participate in its gestation. [28:46] He found his first breakthrough by doing the exact opposite of his competitor. [30:08] The Chief: The Life of William Randolph Hearst (Founders #145) [39:04] His passion was speed. He had tremendous endurance, he was never a quitter, and he would do anything to win. [42:25] My Life in Advertising by Claude Hopkins (Founders #170) [43:46] No lead is insurmountable if you stop running before you've reached the finish line. [47:03] Reluctant Genius: The Passionate Life and Inventive Mind of Alexander Graham Bell (Founders #138) [47:05] The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism (Founders #142) Mornings on Horseback: The Story of an Extraordinary Family, a Vanished Way of Life and the Unique Child Who Became Theodore Roosevelt (Founders #156) The River of Doubt: Theodore Roosevelt's Darkest Journey (Founders #175) [47:40] Never underestimate your opponent. It’s all downside, no upside. Churchill (Founders #225) [57:05] He saw competition as a destructive, inefficient force and favored large-scale combination as the cure. Once, when the manager of the Moet and Chandon wine company complained about industry problems, J.P. suggested he buy up the entire champagne country. — The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance (Founders #139) [1:00:05] Find people who are great at selling your product and hire them. [1:06:55] He was driven by an uncontrollable desire for adventure and wealth, and almost an adolescent need to be seen as a swashbuckling hero. [1:07:45] John was left desperate for an outlet for his obsessive audacity. [1:13:57] The McCormick's were used to making terms, not acquiescing to them. [1:19:15] Wilbur never seemed to grasp that his crusade to destroy his nemesis could destroy him. [1:20:00] I have looked in the mirror every morning and asked myself: "If today were the last day of my life, would I want to do what I am about to do today?" And whenever the answer has been "No" for too many days in a row, I know I need to change something. —Steve Jobs ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#240 Mozart: A Life
7 квіт. 2022 р.46 minWhat I learned from reading Mozart: A Life by Paul Johnson. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [1:52] Churchill by Paul Johnson (Founders #225) [2:15] A life of constant hard work, lived at the highest possible level of creative concentration. [3:05] Mozart worked relentlessly. [3:56] He started earlier than anyone else and was still composing on his deathbed. [5:34] He soon came to the conclusion that he had fathered a genius— and being a highly religious man, that he was responsible for a gift of God to music. [7:05] I think the idea here is if you truly believe that what you're doing is good for the world— and you approach it with the same kind of religious zeal— you have a massive advantage over a competitor that doesn't have the same missionary mindset. [8:09] My Turn: A Life of Total Football by Johan Cruyff (Founders #218) [8:42] Leading By Design: The Ikea Story (Founders #104) [9:09] He loved humor, and laughter was never far away in Mozart's life, together with beauty—and the unrelenting industry needed to produce it. [13:36] Decoded by Jay Z (Founders #238) [15:36] Russ ON: Delusional Self-Confidence & How To Start Manifesting Your Dream Life and Steve Stoute & Russ Explain Why Every Creator Should Consider Themselves A Business [19:46] You don't tell Babe Ruth how to hold a bat. [20:43] I will take your demand and I'll use it as a constraint to increase my creativity. [21:27] The Fish That Ate the Whale: The Life and Times of America's Banana King (Founders #37) [22:37] You need to tell potential customers what work and effort goes into the product that you produce because they will have a deeper appreciation for what you do. [24:52] Inside Steve’s Brain (Founders #204) [25:06] He's made and remade Apple in his own image. Apple is Steve Jobs with 10,000 lives. [25:30] Mozart wanted to talk to A players. [26:32] The Pmarca Blog Archive Ebook by Marc Andreessen (Founders #50) [26:57] You should only work in industries where— for the important companies of that industry —the founders are still in charge at those companies. [31:13] As a child and teenager Mozart was the most hardworking and productive composer in musical history. [34:17] Find something that is being done on a basic level and then realize its potential by re-imagining it. [36:13] It was all hard, intense application of huge knowledge and experience, sometimes illuminated by flashes of pure genius. [36:40] Imagine being so good at what you do that the ruler of your country has to pass a law to get people to stop clapping. [40:15] It is no use asking what if Mozart had had an ordinary, normal father. Mozart without his father is inconceivable, and there is no point in considering it. Just as Mozart himself was a unique phenomenon, so Leopold was a unique father, and the two created each other. [41:00] There's a sense in which Mozart's entire life is a gigantic improvisation. [41:21] From the age of twenty Mozart never went a month without producing something immortal-something not merely good, but which the musical repertoire would be really impoverished without. [43:03] Designing a product is keeping 5,000 things in your brain, and fitting them all together in new and different ways to get what you want. —Steve Jobs [43:39] Mozart's beauty prevents one from grasping his power. [43:39] Sam Walton: The Inside Story of America's Richest Man (Founders #150) and Sam Walton: Made In America (Founders #234) [45:31] Never despair! ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

Steve Jobs and His Heroes
1 квіт. 2022 р.30 min---- Come see a live show with me and Patrick O'Shaughnessy from Invest Like The Best on October 19th in New York City. Get your tickets here! ---- On Steve Jobs #5 Steve Jobs: The Biography #19 Becoming Steve Jobs: The Evolution of a Reckless Upstart into a Visionary Leader #76 Return To The Little Kingdom: Steve Jobs and The Creation of Apple #77 Steve Jobs & The NeXT Big Thing #204 Inside Steve Jobs' Brain #214 Steve Jobs: The Exclusive Biography #235 To Pixar And Beyond: My Unlikely Journey with Steve Jobs to Make Entertainment History Bonus Episodes on Steve Jobs Insanely Simple: The Obsession That Drives Apple's Success (Between #112 and #113) Creative Selection: Inside Apple's Design Process During the Golden Age of Steve Jobs (Between #110 and #111) On Jony Ive and Steve Jobs #178 Jony Ive: The Genius Behind Apple's Greatest Products On Ed Catmull and Steve Jobs #34 Creativity Inc: Overcoming The Unseen Forces That Stand In The Way of True Inspiration On Steve Jobs and several other technology company founders #157 The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution #208 In the Company of Giants: Candid Conversations With the Visionaries of the Digital World STEVE JOBS'S INFLUENCES Edwin Land #40 Insisting On The Impossible: The Life of Edwin Land and Instant: The Story of Polaroid #132 The Instant Image: Edwin Land and The Polaroid Experience #133 Land's Polaroid: A Company and The Man Who Invented It #134 A Triumph of Genius: Edwin Land, Polaroid, and the Kodak Patent War Bob Noyce and Andy Grove #8 The Intel Trinity: How Robert Noyce, Gordon Moore, and Andy Grove Built the World's Most Important Company #159 Swimming Across #166 The Man Behind the Microchip: Robert Noyce and the Invention of Silicon Valley Nolan Bushnell #36 Finding The Next Steve Jobs: How to Find, Keep, and Nurture Talent Akio Morita #102 Made in Japan: Akio Morita and Sony Walt Disney #2 Walt Disney: The Triumph of the American Imagination #39 Walt Disney: An American Original #158 Walt Disney and the Invention of the Amusement Park That Changed the World J. Robert Oppenheimer #215 The General and the Genius: Groves and Oppenheimer—The Unlikely Partnership that Built the Atom Bomb Henry Ford #9 I Invented the Modern Age: The Rise of Henry Ford #26 My Life and Work: The Autobiography of Henry Ford #80 Today and Tomorrow: Special Edition of Ford's 1926 Classic #118 My Forty Years With Ford #190 The Story of Henry Ford and Thomas Edison's Ten-Year Road Trip David Packard and Bill Hewlett #29 The HP Way: How Bill Hewlett and I Built Our Company Alexander Graham Bell #138 Reluctant Genius: The Passionate Life and Inventive Mind of Alexander Graham Bell Robert Friedland #131 The Big Score: Robert Friedland and The Voisey's Bay Hustle Larry Ellison (Steve’s best friend) #124 Softwar: An Intimate Portrait of Larry Ellison and Oracle #126 The Billionaire and the Mechanic: How Larry Ellison and a Car Mechanic Teamed up to Win Sailing's Greatest Race, the Americas Cup, Twice #127 The Difference Between God and Larry Ellison: God Doesn't Think He's Larry Ellison ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#239 The Wright Brothers
29 бер. 2022 р.1h 33mWhat I learned from rereading The Wright Brothers by David McCullough. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [3:40] Relentlessly Resourceful by Paul Graham [4:11] If I were running a startup, this would be the phrase I'd tape to the mirror. "Make something people want" is the destination, but "Be relentlessly resourceful" is how you get there. [5:35] Everybody engaged in complicated work needs colleagues. Just the discipline of having to put your thoughts in order with somebody else is a very useful thing. —Charlie Munger [6:44] No bird soars in a calm. [10:30] Neither ever chose to be anything other than himself. [11:36] Wilbur was a little bothered by what others might be thinking or saying. [11:46] What the two had in common above all was a unity of purpose and unyielding determination. [15:09] Every mind should be true to itself —should think, investigate and conclude for itself. [17:53] My Life in Advertising (Founders #170) [19:33] Overdrive: Bill Gates and the Race to Control Cyberspace (Founders #174) [19:39] Hard Drive: Bill Gates and the Making of the Microsoft Empire (Founders #140) [23:56] I wish to avail myself of all that is already known. [30:32] Like the inspiring lectures of a great professor, the book had opened his eyes and started him thinking in ways he never had. [34:29] In no way did any of this discourage or deter Wilbur and Orville Wright, any more than the fact that they had had no college education, no formal technical training, no experience working with anyone other than themselves, no friends in high places, no financial backers, no government subsidies, and little money of their own. Or the entirely real possibility that at some point, like Otto Lilienthal, they could be killed. [36:07] When once this idea has invaded the brain it possesses it exclusively. [38:23] I’ve never found anybody that didn’t want to help me if I asked them for help. I called up Bill Hewlett when I was 12 years old. He answered the phone himself. I told him I wanted to build a frequency counter. I asked if he had any spare parts I could have. He laughed. He gave me the parts. And he gave me a summer job at HP working on the assembly line putting together frequency counters. I have never found anyone who said no, or hung up the phone. I just ask. Most people never pick up the phone and call. And that is what separates the people who do things, versus the people who just dream about them. You have to act. —Steve Jobs [41:47] You wanted to start a company. You knew that it was going to be hard. What are you complaining for? [42:17] Jay Z: Decoded (Founders #238) [42:56] They had their whole heart and soul in what they were doing. [46:28] You should follow your energy. [53:49] The Wright brothers have blinders on mentality. They don't care what other people say. They just say I'm working at this. I don't care what other people think. [54:16] The brothers proceeded entirely on their own and in their own way. [58:21] This is the blueprint they are using: Test. Iterate. Test. Iterate. Work long hours. Concentrate and ignore the naysayers. [1:00:31] Wilbur was always ready to jump into an argument with both sleeves rolled up. He believed in a good scrap. He believed it brought out new ways of looking at things and helped round off corners. [1:00:57] Amazon Unbound: Jeff Bezos and the Invention of a Global Empire (Founders #180) [1:02:26] Pour gasoline on promising sparks. [1:04:14] It is very bad policy to ask one flying machine man, about the experiments of another, because every flying machine man thinks that his method is the correct one. [1:08:46] Stephen King On Writing: A Memoir of the Craft (Founders #210) [1:10:26] They were always thinking of the next thing to do. They didn't waste much time worrying about the past. [1:11:05] Look around, just about any person or entity achieving at a high level has the same focus. The morning after Tiger Woods rallied to beat Phil Mickelson at the Ford Championship in 2005, he was in the gym by 6:30 to work out. No lights. No cameras. No glitz or glamour. Uncompromised. — Driven From Within (Founders #213) [1:12:56] They would have to learn to accommodate themselves to the circumstances. [1:20:42] The best dividends on labor invested have invariably come from seeking more knowledge rather than more power. [1:27:37] He went his way always in his own way. [1:31:45] A man who works for the immediate present and its immediate rewards is nothing but a fool. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#238 Jay Z: Decoded
23 бер. 2022 р.1h 58mWhat I learned from reading Decoded by Jay Z. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [1:39] I would practice from the time I woke in the morning until I went to sleep [2:10] Even back then I though I was the best. [2:57] Bourdain: The Definitive Oral Biography (Founders #219) [4:32] Belief becomes before ability. [5:06] Michael Jordan: The Life (Founders #212) [5:46] The public praises people for what they practice in private. [7:28] Lock yourself in a room doing five beats a day for three summers. [7:50] Sam Walton: Made In America (Founders #234) [9:50] He was disappointed in the world, so he built one of his own — from Steven Spielberg: A Biography (Founders #209) [12:47] The Pmarca Blog Archive Ebook by Marc Andreessen (Founders #50) [13:35] I'm not gonna say that I thought I could get rich from rap, but I could clearly see that it was gonna get bigger before it went away. Way bigger. [21:10] Over 20 years into his career and dude ain’t changed. He’s got his own vibe. You gotta love him for that. (Rick Rubin) [21:41] Against The Odds: An Autobiography by James Dyson (Founders #200) [25:27] I believe you can speak things into existence. [27:20] Picking the right market is essential. [29:29] All companies that go out of business do so for the same reason – they run out of money. —Don Valentine [29:42] There are two things in business that matter, and you can learn this in two minutes- you don’t have to go to business school for two years: high gross margins and cash flow. The other financial metrics you can forget. —Don Valentine [31:54] I went on the road with Big Daddy Kane for a while. I got an invaluable education watching him perform. [33:12] Everything I do I learned from the guys who came before me. —Kobe [34:15] I truly hate having discussions about who would win one on one or fans saying you’d beat Michael. I feel like Yo (puts his hands up like stop. Chill.) What you get from me is from him. I don’t get 5 championships without him because he guided me so much and gave me so much great advice. [34:50] Steve Jobs: The Exclusive Biography (Founders #214) [37:20] This is a classic piece of OG advice. It's amazing how few people actually stick to it. [38:04] Nuts!: Southwest Airlines' Crazy Recipe for Business and Personal Success(Founders #56) [39:04] The key to staying on top of things is to treat everything like it's your first project. [41:10] The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley (Founders #233) [44:46] We (Jay Z, Bono, Quincy Jones) ended up trading stories about the pressure we felt even at this point in our lives. [45:22] Competition pushes you to become your best self. Jordan said the same thing about Larry Bird and Magic Johnson. [46:43] If you got the heart and the brains you can move up quickly. There's no way to quantify all of this on a spreadsheet, but it's the dream of being the exception. [52:26] He (Russell Simmons) changed the business style of a whole generation. The whole vibe of startup companies in Silicon Valley with 25 year old CEOs wearing shell toes is Russell's Def Jam style filtered through different industries. [54:17] Jay Z’s approach is I'm going to find the smartest people that that know more than I do, and I'm gonna learn everything I can from them. [54:49] He (Russell Simmons) knew that the key to success was believing in the quality of your own product enough to make people do business with you on your terms. He knew that great product was the ultimate advantage in competition. [55:08] In the end it came down to having a great product and the hustle to move it. [56:37] Learn how to build and sell and you will be unstoppable. The Almanack of Naval Ravikant: A Guide to Wealth and Happiness (Founders #191) [58:30] We gave those brands a narrative which is one of the reasons anyone buys anything. To own not just a product, but to become part of a story. [59:30] The best thing for me to do is to ignore and outperform. [1:01:16] Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger. (Founders #90) [1:06:01] Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway's Vice Chairman on Life, Business, and the Pursuit of Wealth With Commentary (Founders #78) [1:08:42] Jony Ive: The Genius Behind Apple's Greatest Products(Founders #178) [1:11:46] Long term success is the ultimate goal. [1:12:58] Runnin' Down a Dream: How to Succeed and Thrive in a Career You Love - Bill Gurley [1:15:11] I have always used visualization the way athletes do, to conjure reality. [1:18:14] The thing that distinguished Jordan wasn't just his talent, but his discipline, his laser-like commitment to excellence. [1:19:42] The gift that Jordan had wasn't just that he was willing to do the work, but he loved doing it because he could feel himself getting stronger and ready for anything. That is the kind of consistency that you can get only by adding dead serious discipline of whatever talent you have. [1:21:37] when you step outside of school and you have to teach yourself about life, you develop a different relationship to information. I've never been a purely linear thinker. You can see it to my rhymes. My mind is always jumping around restless, making connections, mixing, and matching ideas rather than marching in a straight line, [1:27:41] Samuel Bronfman: The Life and Times of Seagram’s Mr. Sam (Founders #116) [1:34:15] The real bullshit is when you act like you don't have contradictions inside you. That you're so dull and unimaginative that your mind never changes or wanders into strange, unexpected places. [1:36:25] There are extreme levels of drive and pain tolerance in the history of entrepreneurship. [1:38:45] Hit Men: Power Brokers and Fast Money Inside the Music Business [1:42:24] I love sharp people. Nothing makes me like someone more than intelligence. [1:44:17] They call it the game, but it's not. You can want success all you want but to get it you can't falter. You can't slip. You can't sleep— one eye open for real and forever. [1:51:49] The thought that this cannot be life is one that all of us have felt at some point or another. When a bad decision and bad luck and bad situations feel like too much to bear those times. When we think this, this cannot be my story, but facing up to that kind of feeling can be a powerful motivation to change. [1:54:18] Technology is making it easier to connect to other people, but maybe harder to keep connected to yourself. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#237 Julio Lobo (Cuba's Last Sugar Tycoon)
16 бер. 2022 р.1h 11mWhat I learned from reading The Sugar King of Havana: The Rise and Fall of Julio Lobo, Cuba's Last Tycoon by John Paul Rathbone. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [2:02] Beyond Possible: One Man, Fourteen Peaks, and the Mountaineering Achievement of a Lifetime (Founders #236) [3:22] This is a cautionary tale. [6:18] One of the main lessons of the book is just how fast things can change. [6:25] The History of Cuba in 50 Events [10:14] Lobo walked with a limp due to a murder attempt 14 years before that had blown a four inch chunk out of his skull. [12:29] One of the most human of all desires is to perpetuate what you have created. [12:55] Lobo thinks he has leverage when he really doesn’t. [18:39] He dies in poverty. Imagine having $5 billion and then at the end of your life having to rely on an allowance from your adult daughters. [20:30] I think about what Charlie Munger says: Don't try to be really smart. Just try to be consistently not dumb over a long period of time. [20:58] Hershey: Milton S. Hershey's Extraordinary Life of Wealth, Empire, and Utopian Dreams (Founders #146) [22:59] Chico, I was born naked. I will probably die naked. And some of the happiest moments of my life happened when I was naked. [29:01] From an early age it was apparent that Lobo sought not only wealth but glory too. [30:21] He was an individualist who did not spare himself any sacrifice to attain his objectives. [31:26] The clearest path to wealth is building a business that benefits somebody else's life. Make a product or service that makes somebody else's life better. Do that for a long period of time and keep improving it. [33:45] His father told him I would much rather you make your mistakes now than later when I may not be around to pick up your pieces. [38:16] It turns out that almost being executed makes you impatient for large success. [40:32] If you instead focus on the prospective price change of a contemplated purchase, you are speculating. There is nothing improper about that. I know, however, that I am unable to speculate successfully, and I am skeptical of those who claim sustained success at doing so. Half of all coin-flippers will win their first toss; none of those winners has an expectation of profit if he continues to play the game. And the fact that a given asset has appreciated in the recent past is never a reason to buy it. —Warren Buffett from The Essays of Warren Buffett (Founders #227) [45:09] Think about the type of funeral you want. There is a story about a person who died. The minister said it is now time to say something nice about the deceased. After long time a person came up and said, “His brother was worse.” That is not the kind of funeral you want. —Charlie Munger [50:34] Alfred Nobel: A Biography (Founders #163) [52:30] The Fish That Ate the Whale: The Life and Times of America's Banana King(Founders #37) [54:26] They almost resorted to a duel, which was still common in Cuba at the time, where differences were often settled with machetes at dawn. [1:04:34] There are times when chasing the things money can buy, one loses sight of the things which money can't buy and are usually free. [1:05:10] The Almanack of Naval Ravikant: A Guide to Wealth and Happiness (Founders #191) [1:05:17] A calm mind, a fit body and a house full of love, these things cannot be bought, they must be earned. —Naval Ravikant [1:08:52] His business collapsed like a house of cards. [1:09:34] It was the same ending that befell so many other famous speculators throughout history. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#236 Nims Purja (Mountain Climber)
11 бер. 2022 р.1h 4mWhat I learned from reading Beyond Possible: One Man, Fourteen Peaks, and the Mountaineering Achievement of a Lifetime by Nims Purja. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [3:36] Walking out on my career felt risky, but I was prepared to gamble everything for my ambition. [4:20] Your extremes are my normal. [12:04] Wow, this is my shit. I'd been working without much thought, operating in the flow state that athletes often describe when they set world records or win championships. I was in the zone. Brother, I thought. You're a badass at high altitude. [13:27] I was poor from the beginning. We didn't have any money, and the thought of owning a car was unimaginable. But we were a loving family, and I was a happy kid. It didn't take a lot to keep me amused. [14:57] From an early age, I believed in the power of positive thinking. [18:17] I also like the idea of being on top. [19:00] Sam Walton: Made In America (Founders #234) [19:03] I understood that to become a special forces operator, it was important to adapt to an increased workload. [19:25] One thing I don’t even have on my list is “work hard.” If you don’t know that already, or you’re not willing to do it, you probably won’t be going far enough to need my list anyway. —Sam Walton [19:44] Total Recall: My Unbelievably True Life Story by Arnold Schwarzenegger (Founders #141) [20:58] This is insane: On weekends, my daily routine involved running for hours at a time. I'd haul my ass around the streets with two or three Gurkha buddies; we operated in a relay system, where I was the only soldier prevented from taking a break. One guy would accompany me for six miles, leading me along at a strong pace. Once he completed his distance, another running partner took over, and together we'd go six more miles. This went on for hours, and left me physically and psychologically pummeled. [21:43] Emotional control was only one of the many traits I'd need to possess to become elite. [22:22] Read the first 113 pages of this book Arnold: The Education of a Bodybuilder by Arnold Schwarzenegger (Founders #193) [24:14] I focused only on the 24 hours ahead. Today I will give 100 percent and survive, I thought at the beginning of each day. I'll worry about tomorrow when tomorrow comes. [26:47] You don’t set out to build a wall. You don’t start by saying, ‘I’m going to build the biggest, baddest wall that’s ever been built.’ You don’t start there. You say, ‘I’m going to lay this brick as perfectly as a brick can be laid.’ If you do that every single day, soon you will have a wall. —Will Smith [28:52] I always smiled my way through the mud. [29:03] Excellence is the capacity to take pain. —Isadore Sharp (Founders #184) Four Seasons: The Story of a Business Philosophy [30:02] Dru Riley founder of Trends.VC has a 100 Rules Personal Philosophy [32:14] The glass-half-empty attitude went against everything I'd been taught in the military, where grumbling or giving up wasn't an effective strategy. If problems or challenges came my way, I was supposed to find solutions, having been trained to adapt and survive. [35:30] The Snowball: Warren Buffett and the Business of Life (Founders #100) [43:33] I approached every day with a positive thought: I can do this. I will navigate every problem the mission can throw at me. I've already climbed the world's tallest peak. The only thing standing in my way right now is funding. Get out there and smash it. [48:48] I'd proven to everybody that it is never too late to make a massive change in your life. [53:43] The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley (Founders #233) [54:40] There were occasions when a panicked call would come over the radio: “Nims, it's snowing heavily on the mountain. It's going to be a rough climb!" Rather than wallowing in negativity, I'd make a smart-ass comment to lift the mood. "Come on, bro, what do you think we're getting on a mountain—a bloody heat wave?" [54:58] Mark Twain once wrote that if a person’s job was to eat a frog, then it was best to take care of business first thing in the morning. But if the work involved eating two frogs, it was best to eat the bigger one first. In other words: Get the hardest job out of the way. [57:57] Suffering sometimes creates a weird sense of satisfaction for me. It creates a sense of pride when seeing a job through to the end. [58:23] It is important to keep the promises you make yourself: If I say that I'm going to run for an hour, I'll run for a full hour. If I plan to do 300 push-ups in a training session, I won't quit until I've done them all-because brushing off the effort means letting myself down, and I don't want to have to live with that. And neither should you. [1:02:05] The adventure taught me an important lesson. Fear was never going to hold me back from pressing ahead with my plans. It established in me a mindset with zero doubts and zero tolerance for excuses. [1:03:12] We worked as a small expedition unit, in teams of three, four, or five, but we moved with the power of 10 bulls and the heart of a hundred men. [1:03:24] Most of all, I realized that somebody in the 14 peaks had been a launchpad. I needed more. I have to push my limits to the max, sitting tight, waiting it out and living in the past have never been for me. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#235 Steve Jobs (The Pixar Story)
7 бер. 2022 р.1h 18mWhat I learned from reading To Pixar And Beyond: My Unlikely Journey with Steve Jobs to Make Entertainment History by Lawrence Levy. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [1:34] The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley (Founders #233) [3:42] Creativity, Inc.: Overcoming the Unseen Forces That Stand in the Way of True Inspiration (Founders #34) [3:52] Readwise App [7:22] George Lucas: A Life (Founders #35) [7:48] Steve jobs had been a Silicon Valley's most visible celebrity but that made it all the more glaring that he had not had a hit in a long time —a very long time. [8:49] Steve Jobs and the NeXT Big Thing (Founders #77) [13:35] Why would I join a company that had been struggling for sixteen years and whose payroll was paid every month out of the personal checkbook of its owner? I had not realized how dire Pixar's financial situation was. It had no cash, no reserves, and it depended for its funds on the whim of a person whose reputation for volatility was legendary. [14:05] There is no a better advertisement than a demo. [15:57] Total Recall: My Unbelievably True Life Story (Founders #141) [16:03] There was nothing normal about me. My drive was not normal. My vision of where I wanted to go in life was not normal. The whole idea of a conventional existence was like Kryptonite to me. —Arnold [16:31] I looked at my start-up clients and to me they were on an adventure. I yearned for the kind of adventure they were on. [17:28] Mind Your Own Business: A Maverick's Guide to Business, Leadership and Life (Founders #229) [17:46] I regard myself as guardian of the company's soul. [19:06] Pixar has this amazing collection of talent doing work that no one has seen before. Now it's time to turn that into a business. —Steve Jobs [22:01] Steve had an almost permanent intensity about him, like he was always in top gear. [28:25] Pixar was embarked on a lonely courageous quest through terrain, into which neither it nor anyone else had ever ventured. [28:52] Becoming Steve Jobs: The Evolution of a Reckless Upstart into a Visionary Leader (Founders #19) [31:37] Home video was turning animated feature films into big business. Bigger than we had ever imagined. [32:24] There was no modern precedent for taking an independent animation company public. [36:54] Look at the value of the major Hollywood studios and you'll see their library of films is really significant. [39:27] There was no part of Steve that bought into the idea of making products that might not all have a shot at greatness. [41:22] Made in Japan: Akio Morita and Sony (Founders #102) [48:40] Steve once told me that the gestation of great products takes much longer than it appears. What seems to emerge from nowhere belies a long process of development, trials, and missteps. [53:46] The problem with success, even a little success, is that it changes you. You are no longer walking along the same precipice that drove you to do great work in the first place. Success can take the edge away. [54:16] Creative vision does not spring forth fully formed. [59:33] Fear and ego conspire to rein in creativity, and it is easy to allow creative inspiration to take a back seat to safety. [1:01:38] The Billionaire and the Mechanic: How Larry Ellison and a Car Mechanic Teamed up to Win Sailing's Greatest Race, the Americas Cup, Twice (Founders #126) [1:06:41] Once Steve decided what he wanted in a negotiation, he developed something akin to a religious conviction about it. In his mind, if he didn't get what he wanted, nothing else would take its place, so he'd walk away. This made Steve an incredibly strong negotiator. [1:10:52] One never knows if an event that appears detrimental is in fact part of a larger pattern that we cannot see. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#234 Sam Walton: Made In America
28 лют. 2022 р.1h 55mWhat I learned from rereading Sam Walton: Made In America by Sam Walton. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [1:56] The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone. (Founders #179) [5:45] We just got after it and stayed after it. [6:06] Foxes and Hedgehogs [6:39] Hedgehogs may not be as clever as foxes but they obsessively measure and track everything about their business, and over time, they acquire deep, relevant knowledge and expertise. Their single minded approach may appear risky at times but they are conservative by nature. Hedgehogs don’t speculate or make foolish bets. If all their eggs are in that one proverbial basket, they follow Mark Twain’s advice – and watch that basket very carefully. [7:17] The thing with Hedgehogs is that they never give up. They keep at it – and they don’t ever get bored because they just love what they do – and they have a lot of fun along the way. [7:28] Hedgehogs are the ones who build great, lasting companies. As entrepreneurs, they are the rarest of breeds – those who can start something anew, make it work, stick with it, and build something special, and ultimately, inspire others along the way, with their determination, dedication and commitment. [8:49] At first, we amazed ourselves. And before too long, we amazed everybody else too. [9:26] Think about how crazy this is. He died weeks after that writing this. His last days were spent categorizing and organizing his knowledge so future generations can benefit. [12:32] Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger(Founders #90) [12:56] "It's quite interesting to think about Walmart starting from a single store in Arkansas – against Sears, Roebuck with its name, reputation and all of its billions. How does a guy in Bentonville, Arkansas, with no money, blow right by Sears? And he does it in his own lifetime – in fact, during his own late lifetime because he was already pretty old by the time he started out with one little store. He played the chain store game harder and better than anyone else. Walton invented practically nothing. But he copied everything anybody else ever did that was smart – and he did it with more fanaticism. So he just blew right by them all. —Charlie Munger [17:11] What motivates the man is the desire to absolutely be on the top of the heap. [17:32] Practice your craft so much that you're the best in the world at it and the money will take care of itself. [18:44] We exist to provide value to our customers. [21:18] A Conversation with Paul Graham [22:32] It never occurred to me that I might lose; to me, it was almost as if I had a right to win. Thinking like that often seems to turn into sort of a self-fulfilling prophecy. [26:42] Time to Make the Donuts: The Founder of Dunkin Donuts Shares an American Journey by William Rosenberg. (Founders #231) [29:35] It didn’t take me long to start experimenting—that’s just the way I am and always have been. [30:56] Do things that other people are not doing. [33:13] The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy Soni. (Founders #233) [33:41] I think my constant fiddling and meddling with the status quo may have been one of the biggest contributions to the later success of Wal Mart. [34:10] Our money was made by controlling expenses. I gotta read that again because it's so important. Our money was made by controlling expenses. [37:49] Sam Walton: The Inside Story of America's Richest Man (Founders #150) [38:37] I’ve always thought of problems as challenges, and this one wasn’t any different. I didn’t dwell on my disappointment. The challenge at hand was simple enough to figure out: I had to pick myself up and get on with it, do it all over again, only even better this time. [42:47] Four Seasons: The Story of a Business Philosophy by Isadore Sharp. (Founders #184) [45:12] The Autobiography of Andrew Carnegie by Andrew Carnegie (Founders #74) [47:08] Sol Price: Retail Revolutionary & Social Innovator by Robert E. Price. (Founders #107) [49:56] Sam had a really simple hypothesis for the first Wal Mart: We were trying to find out if customers in a town of 6,000 people would come to our kind of a barn and buy the same merchandise strictly because of price. The answer was yes. [52:19] I have always been a Maverick who enjoys shaking things up and creating a little anarchy. [54:23] In business we often find that the winning system goes almost ridiculously far in maximizing and/or minimizing one or a few variables. —Charlie Munger [55:02] He does something really smart here. And this is something I missed the first time I read the book. He finds a way to force himself to know the numbers for every single store. [56:13] Distant Force: A Memoir of the Teledyne Corporation and the Man Who Created It by Dr. George Roberts. (Founders #110) [58:11] Driven From Within by Michael Jordan and Mark Vancil. (Founders #213) I’m not so dominant that I can’t listen to creative ideas coming from other people. Successful people listen. Those who don’t listen, don’t survive long. —Michael Jordan [58:43] We paid absolutely no attention whatsoever to the way things were supposed to be done, you know, the way the rules of retail said it had to be done. [1:03:15] Estée: A Success Story by Estée Lauder. (Founders #217) [1:04:00] One thing I never did—which I’m really proud of—was to push any of my kids too hard. I knew I was a fairly overactive fellow, and I didn’t expect them to try to be just like me. [1:06:38] I was never in anything for the short haul. [1:10:36] Michael Jordan: The Life by Roland Lazenby. (Founders #212) Like so many NBA players, Drexler was operating mostly off his great store of talent, absent any serious attention to the important details of the game. Jordan had been surprised to learn how lazy many of his Olympic teammates were about practice, how they were deceiving themselves about what the game required. [1:11:56] And you can think about Sam constantly learning from everybody else, visiting stores —that is a form of practice. Every single craft has a form of practice. It just is not as obvious as it is in sports. [1:13:26] He proceeds to extract every piece of information in your possession. [1:15:37] He has just been a master of taking the best of everything everybody else is doing and adapting it to his own needs. [1:18:52] We were serious operators who were in it for the long haul, that we had a disciplined financial philosophy, and that we had growth on our minds. [1:19:54] Most people seem surprised to learn that I've never done much investing in anything except Walmart. [1:20:42] He's like I just figured out the Walmart's worked. And then all I did was focus on making more of them. You don't have to over-complicate it. [1:23:04] If you ask me if I'm an organized person, I would say flat out, no, not at all. Being organized would really slow me down. (Optimize for flexibility) [1:24:26] The Difference Between God and Larry Ellison: God Doesn't Think He's Larry Ellison by Mike Wilson (Founders #127): My view is different. My view is that there are only a handful of things that are really important, and you devote all your time to those and forget everything else. If you try to do all thousand things, answer all thousand phone calls, you will dilute your efforts in those areas that are really essential [1:26:15] I think one of Sam's greatest strengths is that he is totally unpredictable. He is always his own person. He is totally independent in his thinking. [1:26:45] If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them. —Bruce Lee [1:28:40] You can’t possibly know the TAM. You are in the middle of inventing the TAM. [1:30:08] There is no speed limit by Derek Sivers [1:31:54] Built From Scratch: How A Couple of Regular Guys Grew The Home Depot from Nothing to $30 Billion (Founders #45) [1:41:35] I like to keep everybody guessing. I don't want our competitors getting too comfortable with feeling that they can predict what we're going to do next. [1:42:25] He ties that investment int technology with the compounding savings and over the long-term, he's going to destroy his competition just off this one metric alone. [1:43:39] Big Brown: The Untold Story of UPS by Greg Niemann. (Founders #192) [1:47:56] Sam’s 10 Rules for Building A Business [1:48:04] One thing I don’t even have on my list is “work hard.” If you don’t know that already, or you’re not willing to do it, you probably won’t be going far enough to need my list anyway. [1:48:51] Commit to your business. Believe in it more than anybody else. I think I overcame every single one of my personal shortcomings by the sheer passion I brought to my work. [1:50:54] Control your expenses better than your competition. This is where you can always find the competitive advantage. For twenty-five years running—long before Wal-Mart was known as the nation’s largest retailer—we ranked number one in our industry for the lowest ratio of expenses to sales. You can make a lot of different mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you’re too inefficient. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#233 Elon Musk, Peter Thiel, Max Levchin (PayPal)
23 лют. 2022 р.1h 54mWhat I learned from reading The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy Soni. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [0:50] Your life will be shaped by the things that you create and the people you make them with. [2:45] A Mind at Play: How Claude Shannon Invented the Information Age (Founders #95) [3:17] Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future (Founders #1 and #30) [4:48] It is hard to find a lukewarm opinion about PayPal's founders. [5:29] To skip PayPal's creation is to neglect the most interesting stuff about its founders. It is to miss the defining experiences of their early professional lives —one that defined so much of what came later. [6:39] There's just so many times I put down the book and I'm like, “That is really, really smart, what they just did there.” [6:59] It perfectly captures when they [Musk, Thiel, Sacks, Hoffman, Levchin, Rabois] were just hustlers trying to figure it out. [8:31] For the next several years, the company’s survival was an open question. They were sued, defrauded, copied, mocked— from the outset. PayPal was a startup under siege. Its founders took on multi-billion dollar financial firms, a critical press and skeptical public, hostile regulators, and even foreign fraudsters. [10:14] From Henry Ford’s autobiography: That is why I never employ an expert in full bloom. If ever I wanted to kill opposition by unfair means I would endow the opposition with experts. They would have so much good advice that I could be sure they would do little work. [11:11] Confessions of an Advertising Man by David Ogilvy (Founders #89) Benjamin Franklin: An American Life by Walter Isaacson (Founders #115) Overnight Success: Federal Express and Frederick Smith, Its Renegade Creator by Vance Trimble (Founders #151) [12:03] A wall in the engineering office had two banners. One was titled The World Domination Index. The World Domination Index was a total count of PayPal's users that day. The other was a banner bearing the words Memento Mori —Latin for remember that you will die. PayPal's oddball team was out to dominate the world, or die trying. [15:37] At PayPal disharmony produced discovery. [16:22] Steve Jobs The Lost Interview Notes [17:36] Properly understood PayPal story is a four year odyssey of near failure followed by near failure. [20:22] He showed early signs of his hallmark intensity. He wanted to be the best at everything he did. [21:08] Tribe Of Mentors: Short Life Advice from the Best in the World by Tim Ferriss [21:50] Knowledge Project: Marc Andreessen [23:01] What would Shimada do? I understand how this guy thinks. I've studied how he thinks. Now I'm presented with a difficult decision. I'm running it through my own calculus—but to enhance that is like, let me ask what would Shimada do in this situation? That is genius. [23:47] The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz (Founders #41) [25:19] Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel (Founders #31) [29:25] Everybody engaged in complicated work needs colleagues. Just the discipline of having to put your thoughts in order with somebody else is a very useful thing. —Charlie Munger [31:14] The Hitchhiker's Guide to the Galaxy by Douglas Adams [32:25] "Surely You're Joking, Mr. Feynman!": Adventures of a Curious Character and "What Do You Care What Other People Think?": Further Adventures of a Curious Characte by Richard Feynman [35:32] He walked into Musk's his bedroom. The room was literally filled with biographies about business luminaries and how they succeeded. Elon was prepping himself and studying to be a famous entrepreneur. [38:32] Musk had learned that startup success wasn't just about dreaming up the right ideas as much as discovering and then rapidly discarding the wrong ones. [39:04] Keep iterating on a loop that says, Am I doing something useful for other people? Because that is what a company is supposed to do. Too much precision in early plans, Musk believed, cut that iterative loop prematurely. [40:10] My mind is always on X, by default, even in my sleep. I am by nature, obsessive compulsive. What matters to me is winning and not in a small way. —Elon Musk [48:20] PayPal prioritized speed on everything over everything else except in one category —recruiting. They would rather staff slowly then compromise on quality. [48:47] Max would keep repeating “As hire As. Bs hire Cs. So the first B you hire takes the whole company down.” [50:52] Do Things That Don’t Scale by Paul Graham [52:31] Is there something that you're not working on that could be a more simple version of what you're currently doing? [55:30] Why is that crazy? Because three years later Elon Musk will make $180 million from this broken situation that he's currently finds himself in. [55:48] Return to the Little Kingdom: Steve Jobs and the Creation of Apple by Mike Mortiz (Founders #76) [57:48] Liftoff: Elon Musk and the Desperate Early Days That Launched SpaceX by Eric Berger (Founders #172) [59:02] There is no speed limit by Derek Sivers [1:03:51] Make your product as easy as email. [1:05:08] Insanely Simple: The Obsession That Drives Apple's Success by Ken Segall (Bonus episode in between #112 and #113) [1:10:19] In Levchin and Thiel, Musk found something he rarely encountered— competitors as driven to win as he was. [1:11:36] “I really liked this Elon guy”, Levchin remembered thinking. “He’s obviously completely crazy, but he's really, really smart. And I really like smart people.” [1:18:23] Oftentimes it's better to just pick a path and do it rather than vacilitate endlessly on the choice. —Elon Musk [1:18:40] Finding the Next Steve Jobs: How to Find, Keep, and Nurture Talent by Nolan Bushnell (Founders #36) [1:19:39] He was going to tame us young whippersnappers with these like seasoned financial executives or whatever. And we're like, uh, these are the same seasoned executives at these banks who can't do jack shit, who can't compete with us. This doesn't make sense. —Elon Musk [1:21:16] The founder may be bizarre and erratic, but this is a creative force and they should run the company. —Elon Musk [1:22:26] Mythical Man-Month, The: Essays on Software Engineering by Frederick Brooks [1:23:33] Company leaders set a cultural tone of impatience. [1:26:17] Every moment of friction for the customer was fat to be cut. [1:31:00] Give a good idea to a mediocre team, and they will screw it up. Give a mediocre idea to a great team, and they will either fix it or come up with something better. —Ed Catmull in Creativity, Inc.: Overcoming the Unseen Forces That Stand in the Way of True Inspiration (Founders #34) [1:31:35] Peter Thiel’s tendency to buck convey convention had nothing to do with math or political philosophy. It had to do with people. He didn't give a shit. He cared about smart people who worked hard. [1:37:25] PayPal was a company of extremely aggressive people with a real bias for action. [1:38:24] You can copy what I'm doing, but I'm only focused on this. While payments is just one part of your gigantic business. [1:40:32] PayPal began this effort as it had begun much else over the prior years with a little planning, quick action, and faith in itself to iterate its way to success. [1:47:25] Just because someone shoots five bullets at you and misses does not preclude the sixth one from killing you. [1:47:33] A great Steve Jobs story [1:51:23] Reid Hoffman forces himself to regularly ask others, "Who is the most eccentric or unorthodox person, you know, and how could I meet them?" [1:52:25] It is hard but fair. I live by those words. —Michael Jordan in his autobiography (Founders #213) [1:52:34] PayPal's earliest employees reserve their highest praise for those who tread the same stony road— founders across varied fields of endeavor. "Those that bring the big ideas into hard, unpredictable reality are the practitioners, the high-leverage ones, and I admire them almost without reservation," Max wrote "One key ingredient of being this kind of person is an almost irrational lack of fear of failure and irrational optimism. —Max Levchin ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#232 Alexander the Great
16 лют. 2022 р.1h 3mWhat I learned from reading Alexander the Great: The Brief Life and Towering Exploits of History's Greatest Conqueror--As Told By His Original Biographers by Arrian, Plutarch, and Quintus Curtius Rufus. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [1:28] Heroes: From Alexander the Great and Julius Caesar to Churchill and de Gaulleby Paul Johnson (Founders #226) [2:16] Each was brave, highly intelligent, almost horrifically self-assured, whose ambitions knew no bounds. [2:46] He was a man of formidable achievements. He was highly creative. He woke up early. His diet was spare. He was skilled with the sword and the spear and an expert at all forms of arms drills. He dressed to be seen. [3:50] He had supernatural self confidence and persistence. There is no substitute for will. [4:26] Churchill by Paul Johnson (Founders #225) [5:50] Addiontal research: Dan Carlin's Hardcore History Addenum Glimpses of Olympias [6:03] The Macedonians were a rugged people. [7:23] Think about this— At 19 years old you think it is your place in history to take revenge on something that happened 150 years previous. That is unapologetically extreme. [9:42] There’s a rule they don’t teach you at Harvard Business School. It is: If anything is worth doing, it’s worth doing to excess.” —Edwin Land [12:11] Alexander had excessive tolerance of fatigue [13:14] Combine an excessive tolerance of fatigue with an intolerance of slowness. [14:06] Four Seasons: The Story of a Business Philosophy by Isadore Sharp (Founders #184) "Excellence is the capacity to take pain." [14:17] All the things you want in life are on the other side of difficulty and discomfort. [17:12] The River of Doubt: Theodore Roosevelt's Darkest Journey (Founders #175) [21:59] He considered that the task of training and educating his son was too important to be true and trusted to the ordinary run of teachers. [22:14] Knowledge Project: Inside the Mind of A Famous Investor | Marc Andreessen [25:03] Becoming Dr. Seuss: Theodor Geisel and the Making of an American Imagination by Brian Jay Jones (Founders #161) Mind Your Own Business: A Maverick's Guide to Business, Leadership and Life by Sidney Harman (Founders #229) Bloomberg by Michael Bloomberg. (Founders #228) [27:40] Learning is nonlinear. [31:38] I meant to say Alexander, not Aristotle. Alexander is the one writing the letter to Aristotle. [33:49] Alexander was a lover of books. [38:55] George Lucas: A Life by Brian Jay Jones (Founders #35) [44:51] Time to Make the Donuts: The Founder of Dunkin Donuts Shares an American Journey by William Rosenberg (Founders #231) [49:16] Big Brown: The Untold Story of UPS by Greg Niemann (Founders #192) [51:24] Fortune generally makes those whom she has compelled to put their trust in her alone more thirsty for glory than capable of coping with it. [54:11] What folly forced you, knowing as you did the fame of my achievements, to try the fortunes of war? [58:05] No trait of Alexander's was more firmly held or enduring than his admiration for genuine excellence and brilliant achievement. [58:30] Winners don't go around leaving negative comments about other people winning. [1:01:59] Stand firm, for it is toil and danger that lead to glorious achievements. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#231 William Rosenberg (Founder of Dunkin Donuts)
12 лют. 2022 р.1h 19mWhat I learned from reading Time to Make the Donuts: The Founder of Dunkin Donuts Shares an American Journey by William Rosenberg. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [5:18] The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley [5:30] A Mind at Play: How Claude Shannon Invented the Information Age (Founders #93) [10:28] When I opened my first Dunkin Donuts store I focused on making the first store a success. Then after I did that I could move on to the second and the third and the fourth, but I gave all my heart and my soul to making that first store a winner. [12:13] From an early age these working experiences taught me that if I put my mind to it and worked hard, I could do whatever I was doing as well or better than most other people. I learned to strive for excellence. [14:05] Odd as it may sound I think one of the best lessons I ever learned from my Dad is what he didn't do properly. He taught me what I never wanted to have happen to my family. [15:02] I decided I wanted to quit school, go to work and help support my family. I knew they desperately needed help. We didn't have enough money to live. [19:25] I learned an important lesson about sales. You don't sell to people. You get people to buy from you. You say to yourself, if I were in their position why would I want to buy this product? If I was in their position why would it be to my benefit? [19:48] The Man Who Sold America: The Amazing (but True!) Story of Albert D. Lasker and the Creation of the Advertising Century (Founders #206) My Life in Advertising and Scientific Advertising (Founders #170) Ogilvy on Advertising (Founders #82) Confessions of an Advertising Man (Founders #89) [22:58] Total Recall: My Unbelievably True Life Story (Founders #141) [27:00] They were not interested in building a long-term business. They were only interested in a fast buck, buying their wives mink coats, and driving Cadillacs. They did not have the same ideas that I had about building a business. These guys didn't care about gaining respect, about being honest and honorable. I didn't want to be in business with people of that nature. [27:29] Adversity is a great teacher. Little did I know that this downturn of events would catapult me to a higher ground. [30:25] Copy This!: Lessons from a Hyperactive Dyslexic who Turned a Bright Idea Into One of America's Best Companies (Founders #181) [32:18] I came from within inches of quitting that day. [32:43] Not many things are as exciting and satisfying as being part of a business that is succeeding and growing rapidly. There's an atmosphere and a feeling that's tremendous. [41:48] How can you get closer to the customer? And then just keep maintaining that relationship. [42:44] I wasn't content to rest on my laurels. Good enough wasn't good enough for me. I saw that we had a good thing going and I wanted to expand in a big, big way before somebody else did. [43:02] Setting the Table: The Transforming Power of Hospitality in Business(Founders #20) [50:07] Identify your bottleneck and put all your resources into attacking that bottleneck. [51:33] Focus is saying no. —Steve Jobs [53:34] Bloomberg by Bloomberg (Founders #228) [56:39] Keep your foot on the gas and stay close to the customer. [1:00:19] Les Schwab’s autobiography (Founders #105) [1:02:27] I was eager to have Bob takeover. I think this is common in family businesses when a parent hands over the reigns to the child. But the danger is that the parent becomes blind to some of the drawbacks of such an arrangement. This didn't become apparent until later. [1:10:22] They spent a lot of time in court preparing and fighting legal battles. Instead of building the business. I stuck by my son and his team. My fortune in Dunkin donuts stock went from $30 million to $3 million. [1:13:06] I made many mistakes in my life. I believe one of the biggest mistakes was trying too hard to accommodate my son's desires. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#230 Lucille Ball (TV's biggest star)
7 лют. 2022 р.1h 3mWhat I learned from reading Love, Lucy by Lucille Ball. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [3:19] Total Recall: My Unbelievably True Life Story by Arnold Schwarzenegger (Founders #141) [3:28] Arnold: The Education of a Bodybuilder by Arnold Schwarzenegger (Founders #193) [4:37] Lucille Ball gave me advice about Hollywood. “Just remember, when they say, ‘No,’ you hear ‘Yes,’ and act accordingly. Someone says to you, ‘We can’t do this movie,’ you hug him and say, ‘Thank you for believing in me. [6:21] I like reading about people that do things that they're not supposed to do. [9:45] Create a comprehensive family history. [14:43] People with happy childhoods never overdo; they don't strive or exert themselves. They're moderate, pleasant, well liked, and good citizens. Society needs them. But the tremendous drive and dedication necessary to succeed in any field-not only show business-often seems to be rooted in a disturbed childhood. [19:27] This is a school that teaches acting, telling what is going to wind up being one of the most successful actresses that ever lives, that she can't do it. [20:29] I soon learned that to survive you have to be very strong, very healthy, and damned resilient. Rarely does anyone give you an encouraging word. [20:52] I'd show up early for rehearsals and stay until they had to sweep me off the stage. . .I didn't give up. I wore out my soles trudging to casting offices. [21:08] I can't say that I was discouraged. For some incomprehensible reason, knew that someday I'd make it. [21:15] Remember that there are practically no “overnight" successes. Before that brilliant hit performance came ten, fifteen, sometimes twenty years in the salt mines, sweating it out. [25:08] I was determined to stay in Hollywood. I would do what I could to make sure I'd survive the long haul. [27:34] What would you give to be a star in two years?’’ Lela asked me when I first was getting to know her. “What d’ya mean?’’ "Would you give me every breath you draw for two years? Will you work seven days a week? Will you sacrifice all your social life?" “I certainly will," I promised. "Okay," she said, "let's start. Lela was the first person to see me as a clown with glamour. [28:43] Lela taught us never to see anyone as bigger or more important than ourselves. [30:07] Buster Keaton used to tell me about dozens of Hollywood people who ran into trouble. This was comforting, like reading an autobiography and thinking, “Well, that happened to them, too. I'm not the only one.” [35:51] He soon learned that in striking out on your own, you have to throw out your chest and sell yourself. [42:03] I learned the bitter lesson that directors and producers can make or break an actress. I was a star, but I felt that I couldn't afford to turn down parts for fear of infuriating these bigwigs If I did turn down a script I would be put on suspension, without salary. I couldn't accept an offer from any other studio, no matter how good, yet I could be fired at any time without the bosses showing cause. All the glittering “stars" were at the mercy of the whims of the top people. [45:12] I had a driving, consuming ambition to succeed in show business. [47:23] Founder mentality. Desi and I decided that since nobody else seemed to have faith in us as a team, we’d form our own corporation to promote ourselves. Desilu Productions, Inc., was launched. [48:54] At that time, television was regarded as the enemy by Hollywood. So terrified was Hollywood of this medium, movie people were afraid to make even guest appearances. (As bill gates and Walt Disney learned — go with the phenomenon— not against it) [50:50] Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson (Founders #140) Overdrive: Bill Gates and the Race to Control Cyberspace by James Wallace (Founders #178) [52:57] To my delight, I discovered that the I Love Lucy show drew from everything I'd learned in the movies, radio, the theater, and vaudeville. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#229 Sidney Harman (Founder of Harman Kardon)
30 січ. 2022 р.1h 34mWhat I learned from reading Mind Your Own Business: A Maverick's Guide to Business, Leadership and Life by Sidney Harman ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [3:46] Foxes and Hedgehogs [7:17] The thing with Hedgehogs is that they never give up. They keep at it – and they don’t ever get bored because they just love what they do – and they have a lot of fun along the way. [8:27] In the Company of Giants: Candid Conversations With the Visionaries of the Digital World [9:38] “The essence of commitment is making a decision. The Latin root for decision is to ‘cut away from,’ as in an incision. When you commit to something, you are cutting away all your other possibilities, all your other options” From the book The Lombardi Rules: 26 Lessons from Vince Lombardi—The World's Greatest Coach [11:16] The New New Thing: A Silicon Valley Story by Michael Lewis [13:12] I regard myself as guardian of the company’s soul. [15:05] Steve Jobs liked to say the Beatles were his management model—four guys who kept each other in check and produced something great. [15:50] Avoid recklessness, encourage daring. [18:08] His main point here is the fact that he started the company in defiance of conventional wisdom [24:08] Bloomberg by Bloomberg [26:16] I believe that refusing to accept business orthodoxy uncritically can open your eyes to opportunity. [34:56] We were free to follow our best instincts. We were free to bring totally new thinking to what we were doing. [38:44] Treat hard work and your smarts respectfully, but recognize that they are neither decisive nor do they guarantee anything. Most of all, I told myself, don’t underestimate determination and persistence, and never quit. [40:25] Becoming Trader Joe: How I Did Business My Way and Still Beat the Big Guys [41:51] I loved building a business. What could be better? The products were wonderful. They employed technology wisely. They made beautiful music. My instinct for marketing—for selling, for emotive advertising—was not only indulged, but rewarded. [43:00] Mavericks do not play well with others. [55:12] It did not require a genius to recognize that I was looking at the future. [58:34] Reducing business matters to their essence, whittling away that which obscures or is unnecessary, has served me well. I admire greatly those who practice the art. [59:48] A company requires an articulated mission, a philosophical base, a moral compass, critical judgment, and the realization that it is a dynamic, living instrument populated by complex human beings. [1:05:05] The best leaders are catalysts who prompt others to reach beyond their most natural abilities to find something they had previously thought beyond their reach. [1:18:03] I have found that by insisting on simple explanations, the mystery disappears and with it most of the nonsense. [1:23:12] It is vital that everyone know what business he is in. [1:28:23] Opportunity can be attacked with enthusiasm. [1:30:01] The person who invests in writing, who exercises the discipline to do it well, and who uses it frequently, will possess a matchless instrument for discovery, clarity, and persuasion. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#228 Michael Bloomberg
27 січ. 2022 р.1h 21mWhat I learned from reading Bloomberg by Michael Bloomberg. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [2:08] Answering to no one is the ultimate situation. [3:02] Twitter thread on Michael Bloomberg by Neckar.Substack.com [5:28] We never made the error that so many others have: mistaking their product for the device that delivers it. [6:27] We knew our core product was data and analytics. [7:01] We were motivated by an idea that we could build something new that just might make a difference. [9:04] Total Recall: My Unbelievably True Life Story by Arnold Schwarzenegger [10:05] I was willing to do anything that they wanted. I would have never left voluntarily. [16:00] Street smarts and common sense were better predictors of career achievements. [17:40] Almost all occupations have a big selling component: selling your firm, your ideas and yourself. [18:20] It is the doers, the lean and hungry ones, those with ambition in their eyes and fire in their bellies, who go the furthest and achieve the most. [21:36] Comparing John to Bill on leadership, I always thought John was more egalitarian, but less effective. [22:55] It was a lowly start. We slaved in our underwear and an un-air conditioned, a bank vault. [23:57] The General and the Genius: Groves and Oppenheimer - The Unlikely Partnership that Built the Atom Bomb [24:22] Amp It Up: Leading for Hypergrowth by Raising Expectations, Increasing Urgency, and Elevating Intensity by Frank Slootman [27:20] David Geffen biography: The Operator: David Geffen Builds, Buys, and Sells the New Hollywood [30:07] It's said that 80 percent of life is just showing up. I believe that. You can never have complete mastery over your existence. You can't choose the advantages you start out with, and you certainly can't pick your genetic intelligence level. But you can control how hard you work. [31:20] Life, I've found, works the following way: Daily, you're presented with many small and surprising opportunities. Sometimes you seize one that takes you to the top. Most, though, if valuable at all, take you only a little way. To succeed, you must string together many small incremental advances-rather than count on hitting the lottery jackpot once. Trusting to great luck is a strategy not likely to work for most people. As a practical matter, constantly enhance your skills, put in as many hours as possible, and make tactical plans for the next few steps. Then, based on what actually occurs, look one more move ahead and adjust the plan. Take lots of chances, and make lots of individual, spur-of-the-moment decisions. [32:12] Don't devise a Five-Year Plan or a Great Leap Forward. Central planning didn't work for Stalin or Mao, and it won't work for an entrepreneur either. [34:16] I truly pity people who don't like their jobs. They struggle at work, so unhappily, for ultimately so much less success, and thus develop even more reason to hate their occupations. There's too much delightful stuff to do in this short lifetime not to love getting up on a weekday morning. [38:48] Did I want to risk an embarrassing and costly failure? Absolutely. Happiness for me has always been the thrill of the unknown, trying something that everyone says can't be done, feeling that gnawing pit in my stomach that says danger ahead. I want action. [40:28] Let My People Go Surfing: The Education of a Reluctant Businessman [41:37] I rented a one room temporary office. It was about a hundred square feet of space with a view of an alley, a far cry from my previous place of employment. I deposited $300,000 of my Salomon Brothers windfall into a corporate checking account. And fifteen years later, I had a billion-dollar business. [45:25] By endurance we conquer. [46:50] Zero to One by Peter Thiel [47:14] Made In Japan: Akio Morita and Sony by Akio Morita [51:19] The Almanack of Naval Ravikant: A Guide to Wealth and Happiness [54:35] Sid Meier's Memoir!: A Life in Computer Games [58:30] Each news story is a product demo. More demos lead to more revenue. More revenue leads to more stories and then even more revenue. [1:03:24] He's got a lot of these like roundabout ways to get in front of potential customers. He’s repurposing the information that his unique business collects. [1:15:53] When it comes to competition, being one of the best is not good enough. Do you really want to plan for a future in which you might have to fight with somebody who is just as good as you are? I wouldn't. —Jeff Bezos ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

I read 66 biographies last year— Here are my top 10!
24 січ. 2022 р.12 minHere are 10 episodes to start with: #168 Driven: An Autobiography by Larry Miller #171 The Billionaire Who Wasn't: How Chuck Feeney Secretly Made and Gave Away a Fortune #219 Anthony Bourdain: The Definitive Oral Biography #223 Unstoppable: Siggi Wilzig's Astonishing Journey from Auschwitz Survivor and Penniless Immigrant to Wall Street Legend #216 Authentic: A Memoir by the Founder of Vans #212 Michael Jordan: The Life #210 Stephen King On Writing: A Memoir of the Craft #193 Arnold: The Education of a Bodybuilder #185 Ritz & Escoffier: The Hotelier, The Chef, and the Rise of the Leisure Class #170 My Life in Advertising ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#227 The Essays of Warren Buffett
20 січ. 2022 р.1h 57mWhat I learned from reading The Essays of Warren Buffett by Warren Buffett and Lawrence Cunningham. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [1:39] Founders #88 Warren Buffett’s shareholder letters — All of them! [2:36] Buffet and Charlie Munger built this sprawling enterprise by investing in businesses with excellent economic characteristics and run by outstanding managers. [5:21] Founders #224 Charles de Gaulle by Julian Jackson [5:41] Books on Henry Singleton: The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success and Distant Force A Memoir of the Teledyne Corporation and the Man Who Created It [7:06] Founders #226 Heroes: From Alexander the Great and Julius Caesar to Churchill and de Gaulle by Paul Johnson [8:03] Founders #34 Creativity, Inc.: Overcoming the Unseen Forces That Stand in the Way of True Inspiration by Ed Catmull [9:19] Give a good idea to a mediocre team, and they will screw it up. Give a mediocre idea to a great team, and they will either fix it or come up with something better. [9:58] Founders #208 In The Company of Giants: Candid Conversations With the Visionaries of the Digital World [11:11] Run your business as if: You own 100% of it It's the only asset that you hold You can’t sell it for 50 years [14:04] Buffett’s essays are sprinkled with historical reference points, especially economic history. He reflects the importance of understanding the past to handle the present and navigate the future. [16:04] A main theme of Buffett: Identify good ideas and then concentrate your resources around them. [16:54] Buffett’ Shareholder Letters on Kindle [23:44] Founders #104 Leading By Design: The IKEA Story [24:53] Founders #93 and Founders #222 A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market [27:19] Businesses seldom operate in a tranquil, no surprise environment and earnings simply don't advance smoothly. [29:28] Founders #143 Tuxedo Park: A Wall Street Tycoon and the Secret Palace of Science That Changed the Course of World War II Loomis had one important characteristic. His ability to concentrate completely on a chief objective, even at the cost of neglecting matters that appear to other people to be of equal importance. [31:19] The competitive position of each of our business grows either weaker or stronger each day. If we are delighting customers, eliminating unnecessary costs, and improving our products and services, we gained strength. But if we treat customers with indifference or tolerate bloat, our businesses will wither on a daily basis. [33:45] Founders #50 Marc Andreessen’s Blog Archive [36:07] Business is like nature. It doesn't care if you arrive at the right answer from the wrong reasoning. [42:23] Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard. [47:16] Some part of your business philosophy will not be financial and that's the way it's supposed to be. [50:39] Founders #155 Invent and Wander: The Collected Writings of Jeff Bezos [58:15] “My whole life has been spent trying to teach people that intense concentration for hour after hour can bring out in people resources they didn’t know they had.” —Edwin Land [1:01:50] Even smart chickens shit on their own feathers. [1:02:16] Loss of focus is what worries Charlie and me the most. [1:04:08] Helpful cheat sheet to use when reading Warren’s shareholder letters [1:06:30] I learned to go into business only with people whom I like, trust, and admire. We have never succeeded in making a good deal with a bad person. [1:10:33] By being so cautious in respect to leverage and having loads of liquidity, we will be equipped both financially and emotionally to play offense while others scramble for survival. [1:18:38] Bull markets can obscure mathematical laws, but they cannot repeal them. [1:19:14] The 3 part series on Andrew Carnegie and Henry Clay Frick Founders #73, 74, and 75 Book links: The Autobiography of Andrew Carnegie, Henry Clay Frick:The Life of the Perfect Capitalist, and Meet You In Hell: Andrew Carnegie, Henry Clay Frick, and the Bitter Partnership That Changed America [1:19:44] Cut the prices, scoop them market, watch the costs and the profits will take care of themselves. [1:21:00] Founders #96 James J. Hill: Empire Builder of The Northwest [1:24:09] One of Larry Ellison’s favorite maxims was, “The brain’s primary purpose is deception, and the primary person to be deceived is the owner.” Book: The Billionaire and the Mechanic: How Larry Ellison and a Car Mechanic Teamed up to Win Sailing's Greatest Race, the Americas Cup, Twice [1:24:55] There's two ideas that saves us time and effort: 1. If it's not worth doing, it's not worth doing well. 2. If it is worth doing, do it to excess. [1:28:09] An absolute masterclass on how to differentiate your product. Scroll all the way down. It’s appendix B. [1:50:33] If horses had controlled investment decisions, there would have been no auto industry. [1:52:28] If you can't predict what tomorrow will bring, you must be prepared for whatever it does. [1:54:24] Advice from Charlie Munger: You should reserve much time for quiet reading and thinking. [1:54:46] Buffett's decision to limit his activities to a few kinds, and to maximize his attention to them, and to keep doing so for 50 years was a Lollapalooza. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers." — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#226 Heroes: From Alexander the Great and Julius Caesar to Churchill and de Gaulle
12 січ. 2022 р.1h 7mWhat I learned from reading Heroes: From Alexander the Great and Julius Caesar to Churchill and de Gaulle by Paul Johnson. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [0:55] I have always had a soft spot for those who speak out against the conventional wisdom and who are not afraid to speak the truth, even if it puts them in a minority of one. [1:20] 4 traits of heroes: 1. Absolute independence of mind. Think everything through yourself. 2. Act resolutely and consistently. 3. Ignore the media. 4. Act with personal courage at all times regardless of the consequences to yourself. [2:25] Churchill by Paul Johnson [2:47] Intellectuals: From Marx and Tolstoy to Sartre and Chomsky by Paul Johnson and Creators: From Chaucer and Durer to Picasso and Disney by Paul Johnson. [3:34] Founders #196 Book link: The Splendid and the Vile: A Saga of Churchill, Family, and Defiance During the Blitzby Erik Larson. “It’s slothful not to compress your thoughts.” —Churchill [4:58] They carved out vast empires for themselves and hammered their names into the history of the earth. [5:04] Each was brave, highly intelligent, and almost horrifically self-assured. [6:09] Founders #208 In the Company of Giants: Candid Conversations With the Visionaries of the Digital World "People are packaged deals. You take the good with the confused. In most cases, strengths and weaknesses are two sides of the same thing." —Steve Jobs [10:22] Alexander the Great read Homer all of his life and knew the passages by heart. It was to him, a Bible, a guide to heroic morality, a book of etiquette and a true adventure story. The Illiad and The Odyssey by Homer. [11:50] Can't Hurt Me: Master Your Mind and Defy the Odds by David Goggins [12:15] The most important factor, as always with men of action, was sheer will. [15:56] Caesar appreciated the importance of speed and the terrifying surprises speed made possible. [16:15] Founders #155 Invent and Wander: The Collected Writings of Jeff Bezos “You can drive great people by making the speed of decision making really slow. Why would great people stay in an organization where they can't get things done? They look around after a while, and they're, like, "Look, I love the mission, but I can't get my job done because our speed of decision making is too slow." [18:33] Caesar was a man of colossal energy and farsighted cunning. He aimed to conquer posterity as well as the world. [19:42] You should avoid an unfamiliar word as a ship avoids a reef. —Julius Caesar [20:55] You train an animal, you teach a person. —Sol Price [23:02] Caesar’s approach to difficulty was all problems are solvable. [24:36] Caesar was a man of exceptional ability over a huge range of activities. Among his qualities: great mental power, energy, steadfastness, a gift for understanding everything under the sun, vitality, and fiery quickness of mind. Few men have had such a combination of boldness shrewdness and wisdom. [26:30] George Washington: A Life by Ron Chernow [27:14] Founders #191 The Almanack of Naval Ravikant: A Guide to Wealth and Happiness [27:25] George Washington was a vigorous and active man, an early riser about his business all day. And by no means intellectually idle, he accumulated a library of 800 books. [29:57] The best talk on YouTube: Runnin' Down a Dream: How to Succeed and Thrive in a Career You Love [35:08] His (Washington) strategy was clear, intelligent, absolutely consistent, and maintained with an iron will from start to finish. [36:12] All that counts is survival. The rest is just words. [37:18] A lesson from the history of entrepreneurship: Why you start your company matters. Doesn’t have to be complex. A great example: Phil Knight said he started Nike because he believed if everyone got out and ran a few miles every day the world would be a better place. [42:06] Team of Rivals: The Political Genius of Abraham Lincoln by Doris Kearns Goodwin [45:23] Words and the ability to weave them into webs which cling to the memory are extremely important in forwarding action. [53:01] Founders #200 Against the Odds: An Autobiography by James Dyson: This is part of my anti-brilliance campaign. Very few people can be brilliant. Those who are, rarely do anything worthwhile. You are just as likely to solve a problem by being unconventional and determined as by being brilliant. And if you can't of be unconventional, be obtuse. Be deliberately obtuse, because there are 5 billion people out there thinking in train tracks, and thinking what they have been taught to think. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers." — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#225 Winston Churchill
9 січ. 2022 р.1h 23mWhat I learned from reading Churchill by Paul Johnson. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [2:09] Churchill never allowed mistakes, disaster, illnesses, unpopularity, and criticism to get him down. [4:19] The Splendid and the Vile: A Saga of Churchill, Family, and Defiance During the Blitz by Erik Larson. (Founders #196) [4:57] He wrote best-selling biographies on Napoleon, Churchill, Eisenhower, Socrates, and Mozart. [6:39] 3 part series on Larry Ellison: Softwar: An Intimate Portrait of Larry Ellison and Oracle (Founders #124), The Billionaire and the Mechanic: How Larry Ellison and a Car Mechanic Teamed up to Win Sailing's Greatest Race, the Americas Cup, Twice (Founders #126), The Difference Between God and Larry Ellison: *God Doesn't Think He's Larry Ellison(Founders #127) [7:40] How to Get Rich: One of the World's Greatest Entrepreneurs Shares His Secrets by Felix Dennis (Founders #129) [8:35] On the importance of belief: I am not asking you to be Winston Churchill. None of us could be. But I do ask that you begin, right now, right at this very moment, to ask yourself whether you believe in yourself. Truly. Do you believe in yourself? Do you? If you do not, and, worse still, if you believe you never can believe, then, by all means, go on reading this book. But take it from me, your only chance of getting rich will come from the lottery or inheritance. If you will not believe in yourself, then why should anyone else? [10:15] How did one man do so much, for so long, and so effectively? [11:29] Reading is not a chore. Reading is theft. It is a robbery. Someone smarter than you has spent 20 years beating their head against the wall trying to solve the problem you're dealing with. You can steal that hard won knowledge and make it yours. That is power. [12:57] Screw It, Let's Do It: Lessons in Life by Richard Branson (Founders #49) [15:27] Long Walk to Freedom: The Autobiography of Nelson Mandela [16:44] My personal email list: My top 10 highlights from Churchill. [21:51] He had accumulated a number of critics and even enemies, and a reputation for being brash, arrogant, presumptuous, disobedient, boastful, and a bounder. [22:22] He thirsted for office, power, and the chance to make history. [27:29] Paul Orfalea The educational system teaches kids they have to be good at everything, or else. Out of the classroom, I've found this just isn't so. Adults have a much easier time. They get to specialize. They pick one thing. It's a whole lot easier. Copy This!: How I Turned Dyslexia, ADHD, and 100 Square Feet into a Company Called Kinko's (Founders #181) [33:34] He is so resourceful and undismayed. [35:00] It's amazing how much of an advantage simply not giving up can give you. [37:28] Don’t turn your back on he who will not accept defeat. [38:10] Big Brown: The Untold Story of UPS (Founders #192) [41:09] Really it’s a pretty simple philosophy. What you have to do is just draw a line in the dirt, and force the bureaucracy back behind that line. And then know for sure that a year will go by and it will be back across that line, and you’ll have to do the same thing again. —Sam Walton [42:26] Shit happens. Acknowledge it. Learn from it. Forget it. Move on. —Paul Van Duren Authentic: A Memoir by The Founder of Vans (Founders #126) [44:00] Churchill was again sent to the bottom and had to face the task of wearily climbing the ladder again, for the third time in his life. It was not so easy now he was nearing fifty. [44:35] The World Crisis by Winston Churchill [45:01] No More Champagne: Churchill and His Money by David Lough [45:40] Churchill had his own version of PEDs: In those days, Churchill often took several whiffs of pure oxygen to lift him before a bout of oratory, and he traveled up with two canisters. [47:14] He called for a premium on effort and a penalty on inertia. [50:30] You have to work yourself into a position where you can trust your own judgment. That's all you have in life. [52:28] Never underestimate your opponent. All downside, no upside. [1:02:49] From Shoe Dog: I looked down the table. Everyone was sinking, slumping forward. I looked at Johnson. He was staring at the papers before him, and there was something in his handsome face, some quality I'd never seen there before. Surrender. Like everyone else in the room, he was giving up. The nation's economy was in the tank, a recession was under way. Gas lines, political gridlock, rising unemployment, Nixon being Nixon-Vietnam. It seemed like the end times. Everyone in the room had already been worrying about how they were going to make the rent, pay the light bill. Now this. I cleared my throat. "So...in other words," I said. I cleared my throat again, pushed aside my yellow legal pad. "What I'm trying to say is, we’ve got them right where we want them." [1:08:52] We shall never surrender. [1:10:00] Identify your most valuable asset and go all in: What’s going to win this war? Airpower. [1:13:10] From Estee Lauder's autobiography: No community was too small for my attention, my absolutely full efforts. I had ridden, for instance, on a bus for six hours to open a small store in Corpus Christi, Texas. The store's clientele was modest in size and economics. No matter. [1:15:22] From Personal History: In one exchange between us, I had deplored the fact that we had the bad luck to live in a world with Hitler, to which Phil responded, “I don’t know. Maybe it’s a privilege to have to fight the biggest son of a bitch in history.” [1:16:24] Churchill had an uncanny gift for getting priorities right. [1:16:40] He is an apostle of the offensive. [1:20:05] Words are the only things that last forever. [1:20:23] The Second World War by Winston Churchill [1:21:40] Never flinch, never wary, never despair. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#224 Charles de Gaulle
5 січ. 2022 р.1h 50mWhat I learned from reading Charles de Gaulle by Julian Jackson. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [6:45] The Winston Churchill episode is #196 based on the book The Splendid and The Vile [7:07] Don’t turn your back on he who will not accept defeat. [7:54] The greatest founders in history have identified a series of ideas that are extremely important to them and they repeat these ideas over and over again. Repetition is persuasive. [12:24] De Gaulle was a voice before he was a face. [16:45] Whatever happens the flame of the French resistance must not be extinguished, and it will not be extinguished. [19:15] De Gaulle spoke about the army the way Enzo Ferrari spoke of his cars. Founders #97 Go Like Hell: Ford, Ferrari, and Their Battle for Speed and Glory at Le Mans [23:30] Nothing dented his belief in victory. [23:38] The victor is the one that wants victory most energetically. [32:17] “Henry Singleton always tries to work out the best moves and maybe he doesn't like to talk too much because when you're playing a game, you don't tell anyone else what your strategy is.” —Claude Shannon [32:51] A country (or a person, or a company) is defeated only when it has lost the will to fight. [36:19] Excellence is the capacity to take pain. [42:13] To be passive is to be defeated. [48:18] Leadership is a solitary exersize of the will. [53:23] “I don't want any messages saying 'I'm holding my position.' We're not holding a goddamned thing. We're advancing constantly and we're not interested in holding anything except the enemy's balls. We're going to hold him by his balls and we're going to kick him in the ass. We are going to kick the living shit out of him all the time. Our plan of operation is to advance and keep on advancing.” —General Patton [53:45] That central is completely opposite of what the French* generals thought. [54:34] Founders #208 In The Company of Giants [59:15] The history of entrepreneurship is extremely clear about the need to be able to concentrate. [1:00:38] All that matters is to survive. The rest is just words. [1:04:55] He pushed himself to the limits and he expected the same from his men. [1:05:53] All those who have done something valuable and durable have done so alone and in silence. [1:07:07] Beyond Possible: One Man, Fourteen Peaks, and the Mountaineering Achievement of a Lifetime by Nims Purja [1:14:31] What everyone seems to ignore is the incredible mixture of patience, of obstinate creativity, the dizzying succession of calculations, negotiations, conflicts, that we had to undertake in order to accomplish our enterprise. [1:15:19] He really believed that giving up was treason. That you deserved death for giving up. [1:20:12] Fortune cannot always be favorable to us. [1:23:01] It was from this moment in his memoirs that DeGaulle starts to talk of himself in the third person. De Gaulle appears as a figure whom the narrator of the memoir watches. [1:27:55] No question or discussion, we must go forward. Whoever stands still, falls behind. [1:30:05] I have only one aim: to deliver France. [1:41:10] The effective formula De Gaulle used was 1. Ruthlessness. 2. Brilliance. 3. Total clarity about what he wanted to achieve. [1:45:36] Paris! Paris outraged! Paris broken! Paris martyred! But Paris liberated! Liberated by itself, liberated by its people with the help of the French armies, with the support and the help of all France, of the France that fights, of the only France, of the real France, of the eternal France! ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#223 Unstoppable: Siggi Wilzig's Astonishing Journey from Auschwitz Survivor and Penniless Immigrant to Wall Street Legend
29 груд. 2021 р.1h 15mWhat I learned from reading Unstoppable: Siggi Wilzig's Astonishing Journey from Auschwitz Survivor and Penniless Immigrant to Wall Street Legend by Joshua M. Greene. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- Never give up. Only death is permanent. Everything else can be fixed.I couldn't take such talk about not coming out alive. I didn't want to hear it. Whenever my mind told me I was not going to survive, the Almighty told me to keep going. So I stayed away from the others.Because I could outwit the guards, I always felt superior to them. I hated them. I hated their brutality, their inhuman behavior. I felt stronger, more intelligent, and I had confidence in myself from childhood. So even though they had the guns and did all the killing, I felt superior. It was obviously a touch of arrogance, and some of it was justified and some not justified, but even in that totally hopeless condition I looked down on all of them.It was clear that Americans were alive in every sense, moving purposefully toward some vision of tomorrow. He liked that. He would do that, too: grasp opportunities and not allow the darkness of the past to rob him of a bright future.Even smart chickens shit on their own feathers!When Naomi found out her husband was purchasing shares of Wilshire on a regular basis, she chided him. "More stock? We can barely pay the bills and you're buying more stock?" Siggi made excuses, but he didn't stop buying. "I didn't see how this was going to change our life," Naomi said, remembering other stocks her husband had bought and other career moves he had made. "But that's how it turned out."You are looking at a man who had the foxlike instincts to survive history's darkest hour, a man who has no fear of adversity and who cannot be intimidated by overwhelming odds.Siggi had grown his bank from $180 million in assets to more than $4 billion.Siggi was the first person in history to sue the Federal Reserve.He's just happy to be alive. People thought he was nuts and laughed at him, but he didn't care.Less than a year after his death, his estate was worth hundreds of millions of dollars. “Not bad," as Siggi once said, "for a short, bowlegged Jew with flat feet who never graduated kindergarten and started with only $240 in his pocket." ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#222 Ed Thorp (My personal blueprint)
20 груд. 2021 р.1h 38mWhat I learned from rereading A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market by Ed Thorp. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- 1. The book reveals a thorough, rigorous, methodical person in search of life, knowledge, financial security, and, not least of all, fun. 2. I learned at an early age to teach myself. This paid off later on because there weren’t any courses in how to beat blackjack, build a computer for roulette, or launch a market-neutral hedge fund.3. Even though the Goliath I was challenging had always won, I knew something no one else did: He was nearsighted, clumsy, slow, and stupid, and we were going to fight on my terms, not his.4. I admired the heroes who, through extraordinary abilities and resourcefulness, achieved great things. I may have been inspired to mirror this in the future by using my mind to overcome intellectual obstacles.5. Rather than subscribing to widely accepted views—such as you can’t beat the casinos—I checked for myself. 6. What matters in life is how you spend your time.7. Life is like reading a novel or running a marathon. It’s not so much about reaching a goal but rather about the journey itself and the experiences along the way. As Benjamin Franklin famously said, “Time is the stuff life is made of,” and how you spend it makes all the difference.8. I also believed then, as I do now after more than fifty years as a money manager, that the surest way to get rich is to play only those gambling games or make those investments where I have an edge.9. Since much of what we were doing was being invented as we went along, and our investment approach was new, I had to teach a unique set of skills. I chose young smart people just out of university because they were not set in their ways from previous jobs. Better to teach a young athlete who comes fresh to his sport than to retrain one who has learned bad form.10. Whatever you do, enjoy your life and the people who share it with you, and leave something good of yourself for the generations to follow. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#221 Charlie Munger
13 груд. 2021 р.1h 25mWhat I learned from reading Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger by Janet Lowe. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [16:02] I had a considerable passion to get rich. Not because I wanted Ferraris—I wanted the independence. I desperately wanted it. [26:49] I met the towering intellectuals in books, not in the classroom, which is natural. My family was into all that stuff, getting ahead through discipline, knowledge, and self-control. [37:44] He talked about business in a way that was animated and interesting though now I see he was almost broke. I knew he drove an awful car. But I never thought he was anything but a big success. Why did I think that? He just had this air-everything he did was going to be first class, going to be great. He had these enthusiasms for his projects and his future. [38:48] Charlie drummed in the notion that a person should always "Do the best that you can do. Never tell a lie. If you say you're going to do it, get it done. Nobody gives a shit about an excuse. Leave for the meeting early, Don't be late, but if you are late, don't bother giving people excuses. Just apologize. They're due the apology, but they're not interested in an excuse.” [42:22] The rabbit runs faster than the fox, because the rabbit is running for his life while the fox is only running for his dinner.[49:15] He wouldn't accept anything on face value. His interest in almost everything can be so intense, he will have a perspective that others will not have. [49:29] Do things that other people aren't doing. [1:07:55] I am a biography nut myself and I think when you're trying to teach the great concepts that work, it helps to tie them into the lives and personalities of the people who developed them. I think that you learn economics better if you make Adam Smith your friend. That sounds funny, making friends among the eminent dead, but if you go through life making friends with the emìnent dead who had the right ideas, I thìnk it will work better in life and work better in education. It's way better than just giving the basic concepts.[1:15:15] It is Charlie's philosophy that a first-rate man should be willing to take at least some difficult jobs with a high chance of failure.[1:21:28] Though few companies last forever, all of them should be built to last a long time, says Munger. The approach to corporate control should be thought of as "financial engineering." Just as bridges and airplanes are constructed with a series of back-up systems and redundancies to meet extreme stresses, so too should corporations be built to withstand the pressures from competition, recessions, oil shocks, or other calamities. Excess leverage, or debt, makes the corporation especially vulnerable to such storms. It is a crime in to build a weak bridge. How much nobler is it to build a weak company? ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#220 Enzo Ferrari: The Man and the Machine
9 груд. 2021 р.1h 22mWhat I learned from reading Enzo Ferrari: The Man and the Machine by Brock Yates. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [0:01] Editorial writers around the world groped for words to express what Enzo Ferrari had meant. Many tried to describe him as an automotive pioneer, which he was not; others called him a great racing driver and engineer, which he was not. He was, however, exactly what he had repeatedly said he was: an agitator of men. And he remained true to his credo to the day he died. [0:43] If there was one essential quality about the man it was his ironbound tenacity, his fierce devotion to the single cause of winning automobile races with cars bearing his name. For nearly sixty years, hardly a day passed when this thought was not foremost in his mind. Win or lose, he unfailingly answered the bell. In that sense his devotion to his own self-described mission was without precedent. For that alone he towered over his peers.[44:26] Enzo Ferrari was a man with a diamond-hard will to win at all costs.[45:08] If they were to survive, it would be thanks to their wits and their ability to play the ancient game of life. Few men understood this game better than Ferrari. [48:49] Enzo Ferrari was born with simple tastes, and even after he became rich and prominent, he retained the ways of a simple, uncluttered man. During the 1930s, when every ounce of his energies and every lira in his pocket were being plowed back into the business, he lived a modest, frugal life. [1:05:50] It is often said that his greatest skill was his ability to recognize talent. [1:06:13] Ferrari appeared to be happier when he was losing, which jibes with mechanics' observations that the race shop on Monday was more serene following a defeat than a victory. But why? Was not winning the central object of the exercise? Ferrari explained: “There is always something to learn. One never stops learning. Particularly when one is losing. When one loses one knows what has to be done. When one wins one is never sure.”[1:08:08] The source of much of Ferrari's success over the years was not technological brilliance or tactical cleverness, but dogged, gritty, unfailing persistence in competing—a willingness to appear at the line no matter what the odds and run as hard as possible. [1:15:44] Those who knew him best understood that Enzo Ferrari would never retire. There was little else in his life besides automobile racing. It was that simple.[1:19:34] His view of racing remained constant; the event itself was essentially meaningless. For him the stimulation came in the planning and preparation, in the creation of the machines, in the organization of the human beings who would man the team.---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#219 Tony Bourdain: The Definitive Biography
30 лист. 2021 р.1h 47mWhat I learned from reading Bourdain: The Definitive Oral Biography by Laurie Woolever. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [28:32] All the energy he'd put into trying to destroy himself, he put that into building himself back up. All that negative energy became something else. He became so serious, and so driven and focused. He worked really hard. It takes a lot of determination to wake up early in the morning and write, and then go to a job in the kitchen, and come home at god knows what hour, and get up the next morning and do it again. He was a fiend. One time, he said about his disciplined writing regimen, "Such was my lust to see my name in print." He threw himself into his work in a manner that I found astonishing. [41:17] He gave me really good advice: "Stay public. You gotta promote, promote, promote, or it all dies. You just gotta be out there all the time." Tony embraced that.[56:17] He proceeded to tell everyone to ignore the network. He said, "Completely ignore everything they're saying about music, about story, about shots. Let me deal with it all. I'm gonna make the show I want to make, across all fronts.” I had already been editing for ten years, and this was the first time I'd heard anything like this. Everyone is always just trying to make the network happy. [1:01:51] The line between Tony and the show was very thin, if it existed at all. [1:07:07] This life isn't a greenroom for something else. He went for it. [1:20:50] He demanded excellence, and he never settled for shit. He just wanted the show to be the greatest thing ever, all the time.[1:22:48] It was his life's work, and he never slacked.[1:34:56] Tony gorged himself on being alive.[1:46:13] The world is not better off with him not here. It's just not.[1:45:46] I liked him better when he was just kind of living his best life and looking in the rearview mirror like he stole something. This beautiful life that he had, something people would dream of, and no one else could do it but him. A "slit my wrist" love story is just the shittiest ending to it all. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

#218 Johan Cruyff (A Life of Total Football)
25 лист. 2021 р.58 minWhat I learned from reading My Turn: A Life of Total Football by Johan Cruyff. ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- [0:01] I always say you play football with your head; you just use your legs to run. [1:09] I'm not capable of doing something at a low level. [8:45] I'm definitely cunning. I'm always on the lookout for the best advantage. [13:16] To be able to touch the ball perfectly once, you need to have touched it a hundred thousand times in training.[14:00] My father died in 1959, when he was forty-five and I was twelve. His death has never let go of me. [21:07] Winning was the consequence of the process that we had concentrated on.[45:30] It doesn't work without full commitment. [55:17] The experiences I have been through have given me a vast store of knowledge that needs to be shared so that others can profit from my experiences. [56:09] I've led a full life and can look back on it the way you're supposed to. It's been so incredibly intense that I feel like I've lived for a hundred years.[56:21] A setback is probably a sign that you need to make some adjustments. If you learn to think that way, all experiences are translated into something positive. ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast




