We take notes on the best podcasts so you don't have to. Subscribe to this playlist in your podcast app to automatically get all the episodes we've taken notes for along with the notes themselves! The latest for the tag BUSINESS
Knowledge Project Key Takeaways Ignorance can be a superpower; sometimes knowing too much kills action As an entrepreneur, the moment that you think you have it figured out, that is when your business starts to die The best insights often come not from getting what you want, but from watching closely when you don'tNever put yourself in a position to need the kindness of strangers The day you stop fearing competition is the day that competition stops fearing you Know who the decision-maker is; if you are in a big meeting and someone is sitting off in the corner in a suit, that's probably the person you have to convince The most profitable decision on a spreadsheet can be the worst decision for a business: when the data point and anecdote differ, the anecdote is often right Every business that you see is the result of someone's irrational dedication The outliers know every detail of their company; they do not make decisions nor operate from the spreadsheet Become someone people want to root for: Understand what you must do and how you approach life so that other people want you to succeed; having people rooting for your success is a powerful tailwind Most people explain away failure; the best dissect it like surgeons – the precision of your diagnosis proves the depth of your understanding What you get out of any effort is directly proportional to the effort that you put into it Read the full notes @ podcastnotes.orgEd Stack built Dick's Sporting Goods from a struggling family store into an empire of more than 800 stores and billions in sales. Along the way he nearly lost everything. Multiple times. This episode is the story of what he did, how he did it, and the lessons you can learn. ----- Chapters: (00:00) Introduction (02:48) Part 1: A Cookie Jar and a Cage (20:56) Part 2: Battle for Control (37:09) Part 3: The Race to Survive (46:39) Part 4: The Devil's Bargain (1:03:27) Part 5: Epilogue (1:06:10) Reflections + Lessons ----- Upgrade: Get a hand edited transcripts and ad free experiences along with my thoughts and reflections at the end of every conversation. Learn more @ fs.blog/membership ----- Newsletter: The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it's completely free. Learn more and sign up at fs.blog/newsletter ----- Follow Shane Parrish X @ShaneAParrish Insta @farnamstreet LinkedIn Shane Parrish ----- This episode is for informational purposes only. Learn more about your ad choices. Visit megaphone.fm/adchoices
All-In with Chamath, Jason, Sacks & Friedberg Key Takeaways Maxims from philosopher king, Chris Williamson: Peace is a performance enhancerDo not feel shame in taking pleasure in the small thingsYou are enough already, but you can be more Delayed gratification in the extreme results in no gratification If you are unduly absorbed in improving your life, you might forget to live itThe price of anything is the amount of life that you exchange for it When a man can't find a deep sense of pleasure, he distracts himself with meaningScarcity and unavailability are often mistaken for worth Demography is destiny; declining birth rates are existential We remember the noise of bad choices, but we rarely count the cost of silence The monster you create to achieve initial success might not serve you later in your journeyMonotony is the enemy of a well-remembered life: Time flies as we get older because we cannot remember our days, and we do not remember them because we haven't done anything memorable Put down your ruminating brain: Overthinking invents more problems than it solvesAttaining something worthwhile is often going to be difficult, but just because it is difficult does not mean that it is worthwhile Errors of commission bruise the ego, but errors of omission starve the soul Read the full notes @ podcastnotes.org(0:00) Bestie intros! (2:23) H-1B overhaul: origins and exploitation (25:26) Autism linked to Tylenol usage during pregnancy (43:42) Jimmy Kimmel returns to ABC: comments and reactions (59:21) Two major AI papers (1:09:00) YouTube update (1:12:53) Alphabet admits to COVID censorship under Biden, new CA online hate speech law Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://polymarket.com/event/will-courts-block-trumps-100k-h1b-by-september-30 https://www.cnbc.com/2015/08/18/trump-sort-of-right-on-silicon-valley-visas-calacanis.html https://x.com/RobertMSterling/status/1873174358535110953 https://www.firstpost.com/explainers/deepseek-employees-travel-ban-china-13872040.html https://www.axios.com/2019/12/29/trump-att-outsourcing-h1b-visa-foreign-workers https://hub.jhu.edu/2019/11/05/acetaminophen-pregnancy-autism-adhd/ https://x.com/ThaaatColin/status/1958690862185230539 https://x.com/ThaaatColin/status/1958690862185230539 https://polymarket.com/event/jimmy-kimmel-out-by-september-30?tid=1758935046582 https://x.com/sahilkapur/status/1970211641124847711 https://x.com/shawn_farash/status/1971289990283002022 https://x.com/Scott_Wiener/status/1970307297999007773 https://x.com/thackerpd/status/1971246303243010172 https://support.google.com/youtube/answer/7354993?hl=en https://judiciary.house.gov/media/press-releases/google-admits-censorship-under-biden-promises-end-bans-youtube-accounts https://arxiv.org/pdf/2509.13351 https://www.nature.com/articles/s43588-025-00854-1#Abs1
The Diary Of A CEO with Steven Bartlett Key Takeaways Global Power Shift Warning: US faces potential loss of dominance within 50 years following the “Big Cycle” of empiresCurrent dangerous inequality shows 60% of Americans read below a sixth-grade level, while the top 1% thrivesThe UK has already been declining since WWII, with the debt crisis and wealthy residents fleeingFive Forces Shaping Nations:(1) debt/economic cycles, (2) internal political/class conflict, (3) external geopolitical conflicts, (4) climate disasters, (5) technological disruption The US-China technology war will determine future global leadershipWhoever wins tech dominates geopolitically, economically, and militarilyPersonal Survival Strategy: Requires three pillars – geographic optionality, financial strength, and knowledgeDemocracy is at risk when people stop believing in established systemsDecision-Making Framework: Use the “Pain + Reflection = Progress” formula; understand first-order vs second-order consequences (immediate vs future outcomes) Practice radical truth and transparencyDevelop principles through reflection, and embrace disagreement over ego protectionLeverage brain capacity strategically rather than just working harderCareer and Life Optimization: Prioritize meaningful work and relationships over pure financial gain. Work with “best people” (good character + capabilities), not highest pay.AI adoption creates societal polarity; technological fluencyis essentialKey to success: align passion with work, build community connections, practice meditation for productive reflection Read the full notes @ podcastnotes.orgIn today's Most Replayed Moment, Charlie Houpert reveals the move that changes how people see you - from job interviews to everyday conversations. Learn how to show up with confidence and charisma, and handle any scenario on your terms. Charlie Houpert is the co-founder of Charisma on Command, the popular YouTube channel and training platform helping millions of people build confidence, improve social skills, and become more charismatic. Listen to the full episode here - Spotify - https://g2ul0.app.link/CD1nOYrOzWb Apple - https://g2ul0.app.link/R2vlkMvOzWb Watch the Episodes on YouTube - https://www.youtube.com/c/%20TheDiaryOfACEO/videos Charisma on Command - https://www.youtube.com/user/charismaoncommand Learn more about your ad choices. Visit megaphone.fm/adchoices
All-In with Chamath, Jason, Sacks & Friedberg Key Takeaways We should not think of AI as a destination, but as an escalation of intelligence that we become more aware of Main lesson learned from government side quest: “If AI and robots don't solve our national debt, we're toast.”“I think it is accurate to say that, if successful, Optimus will be the biggest product ever.” – Elon We need the revival of a coherent philosophy that people can get excited about; fostering a curiosity about the nature of the universe will achieve this“I think that we might have AI smarter than any single human at anything as soon as next year. And in 2030, AI will probably be smarter than the sum of all humans.” – Elon We need an increase in the scope and scale of consciousness to know what is truly going on in our universe; this will lead to a better understanding of who we are and allow us to create a better future“Unless people have a sense of optimism and purpose about the future, suicide might be just what happens. Having a child is an act of optimism about the future.” – Elon Musk Getting to Mars is way easier than making it self-sustainable for human life; for example, we not only need to create a chip fab on Mars, but we can make one there Read the full notes @ podcastnotes.org(0:00) Introducing Elon Musk, and reflecting on his DOGE experience (2:47) Optimus: Progress and potential, the “hands problem” (12:20) Tesla: AI5 chips, impact on FSD (16:50) SpaceX: Vision for Starlink-enabled smartphones, $17B spectrum deal, Starship update (26:16) xAI: Next-gen Grok models, Colossus 2, scaling laws, “Grokipedia” (31:29) Evolving alongside AI, implosion of the West, the religion vacuum (37:36) Understanding the universe, going to the Moon, what happens on Mars? Thanks to our partners for making this happen! Solana - Solana is the high performance network powering internet capital markets, payments, and crypto applications. Connect with investors, crypto founders, and entrepreneurs at Solana's global flagship event during Abu Dhabi Finance Week & F1: solana.com/breakpoint. https://solana.com/ OKX - The new way to build your crypto portfolio and use it in daily life. We call it the new money app. https://www.okx.com/ Google Cloud - The next generation of unicorns is building on Google Cloud's industry-leading, fully integrated AI stack: infrastructure, platform, models, agents, and data. https://cloud.google.com/ IREN - IREN AI Cloud, powered by NVIDIA GPUs, provides the scale, performance, and reliability to accelerate your AI journey. https://iren.com/ Oracle - Step into the future of enterprise productivity at Oracle AI Experience Live. https://www.oracle.com/ Circle - The America-based company behind USDC — a fully-reserved, enterprise-grade stablecoin at the core of the emerging internet financial system. https://www.circle.com/ BVNK - Building stablecoin-powered financial infrastructure that helps businesses send, store, and spend value instantly, anywhere in the world. https://www.bvnk.com/ Polymarket: https://www.polymarket.com/ Follow Elon: https://x.com/elonmusk Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect
Invest Like the Best Key Takeaways Personalized, mastery-based learning (driven by AI) can enable students to learn 10x faster, mastering material in just two hours a day and freeing up time for real-world skills, entrepreneurship, and personal interestsMotivation is essential: Kids must love school for it to be effective. The greatest motivator is giving students time back in their day, achieved by efficient mastery learning.Time-based, lecture-driven models leave knowledge gaps: Most U.S. students plateau in middle school, as traditional education pushes content too fast, resulting in a fragile “swiss-cheese” learning foundationAI's transformational role: With generative AI, obsolete textbooks and one-size-fits-all instruction are replaced by continuous, adaptive, and personalized feedback, tailored to each learner's interests and needs.Feedback and growth mindset are superpowers: Receiving and seeking feedback in school builds resilience, accelerates learning, and prepares students to thrive beyond the classroomHigh standards + high support = success and happiness: Kids grow most when challenged and held to ambitious goals with strong mentoring, even if the process is uncomfortable.Gamification and engagement: Applying video game design and motivation mechanics to education can make learning irresistible, turning hard tasks into meaningful and fun challengesNo one-size-fits-all: Multiple school types, customized daily schedules, and teaching entrepreneurship, leadership, and teamwork ensure education aligns with each child's unique strengths and ambitions.“I think this is one of the coolest projects happening in America that people are just starting to learn about.” – Patrick O'Shaughnessy on Alpha School Read the full notes @ podcastnotes.orgMy guest today is Joe Liemandt. Joe is the Principal at Alpha School and the founder of Triliogy Software and ESW Capital. He became the youngest member of the Forbes 400 in the 1990s before vanishing from public view for two decades—only to emerge with a $1 billion bet that he can make kids learn 10x faster using AI. Joe has built an AI tutoring system so effective that students at his Alpha School literally beg not to take summer breaks, achieving 2x learning outcomes in just 2 hours with standardized test results that compete with the best of them. We dive deep into why this could be the most valuable product he's ever built, his contrarian thesis that traditional SaaS is facing AI-driven obsolescence, and how his experience buying 100+ software companies prepared him for this moonshot in a trillion-dollar market that hasn't innovated in 200 years. For investors, this is a masterclass in deploying patient capital to rebuild broken systems from first principles, with insights on everything from regulatory moats to the intersection of AI and human psychology. As your excited skeptic, I push hard on the technology readiness, parental adoption hurdles, and whether this audacious vision can actually scale to a billion kids. Additionally, in a Colossus Profile released last week, our editor-in-chief Jeremy Stern reported, for the first time, Joe as the product guy behind Alpha School in a can't miss piece of writing. And now please enjoy my conversation with Joe Liemandt. Joe Liemandt's Colossus Profile by Jeremy Stern. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Ramp. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to Ramp.com/invest to sign up for free and get a $250 welcome bonus. – This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to ridgelineapps.com to learn more about the platform. – This episode is brought to you by AlphaSense. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Invest Like the Best listeners can get a free trial now at Alpha-Sense.com/Invest and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes: (00:00:00) Welcome to Invest Like the Best(00:06:08) How Alpha School Is Revolutionizing Learning(00:12:47) Personalized Tutoring with AI(00:19:59) Measuring the Impossible: 2x Learning Outcomes(00:25:39) All Educational Content Is Obsolete(00:35:51) Motivating Students: The Key to Success(00:42:06) Life Skills Workshops: Real-World Lessons(00:47:47) The Key to Happiness: High Standards(00:52:33) The Role of Guides and Coaches(00:58:22) Feedback Loops and AI in Education(01:04:20) The AI-Powered Classroom Experience(01:18:06) From Self-Doubt to Limitless Learning(01:28:20) Challenges in Public School Systems(01:41:56) Gamified Learning and Technology(01:49:46) From Trilogy to Trillion-Dollar Markets(01:55:05) Why Software Companies Fail(02:01:21) Trilogy University(02:10:39) Lessons from Mentors(02:17:25) Pushing Limits and Finding Passion(02:27:12) Joe's Kindest Thing
On Purpose with Jay Shetty Key Takeaways It is not about how much money you have; it is about how you treat it, and how you treat money determines whether it stays or leaves Your sense of control – not your salary – predicts your financial well-being People with higher financial literacy experience lower anxiety, more savings, and better life outcomes than those with lower financial literacy “Don't save what is left after spending, but spend what is left after saving.” – Warren Buffett You cannot change your future until you challenge your programming: Unconscious scripts about money will drive your habits until you rewrite them The wealthiest people are not always the ones who made the most money; they are the ones who built the best relationship with it Read the full notes @ podcastnotes.orgDid anyone ever teach you about money when you were younger? What’s one money mistake you made in your 20s? Today, Jay shares the financial lessons he wishes he knew in his twenties. Insights that don’t just change how you handle money, but how you understand it. Jay reveals that most people aren’t actually bad with money, they were simply never taught how to build a healthy, secure relationship with it. Jay explains how these dynamics affect our financial habits, emphasizing that real financial security begins with mindset and choices, not income. From challenging inherited money beliefs to addressing debt with clarity rather than fear, this episode offers a roadmap to move from financial stress to financial stability. In this episode, you'll learn: How to Shift from Avoiding Money to Owning It How to Build a Secure Relationship with Money How to Invest in Knowledge Before Assets How to Break Free from Financial Programming How to Simplify Your Finances When Overwhelmed Wealth isn’t about looking rich, it’s about living with intention, respecting yourself, and aligning your money with purpose. With Love and Gratitude, Jay Shetty Join over 750,000 people to receive my most transformative wisdom directly in your inbox every single week with my free newsletter. Subscribe here. Check out our Apple subscription to unlock bonus content of On Purpose! https://lnk.to/JayShettyPodcast What We Discuss: 00:00 Intro 01:01 Is It Too Late to Learn Financial Literacy? 04:18 Myth: Money is the Root of All Evil 05:31 #1: It's About Good Decisions, Not Income 08:20 #2: You Can't Save What You Don't Have 11:26 #3: Buying More Won’t Build Wealth 17:14 #4: Don't Avoid Debt Education 18:25 #5: You're Not Lazy You’re Just Overwhelmed 19:56 #6: Where Did You Get Your Money Beliefs? 23:52 #7: Generosity Multiplies Wealth See omnystudio.com/listener for privacy information.
Founders ✓ Claim Key Takeaways The top maxims from this episode on Jimmy Iovine Do not stop until you get it right If you go to sleep on a win, you will wake up with a loss Push through fear and use it as a tailwind Drop the ego and do whatever it takes to win Find the best people, then empower them Keep the main thing the main thing Focus on the big picture and be fearless about moving forward Opportunity is a strange beast; it often appears after a lossGo for great and know that it can come from anywherePrioritize speed, go all in, and get more reps You must be relentlessly and unapologetically determined if you are going to accomplish something that has not been accomplished before If you are trying to push the boundaries on something, you need to be surrounded by people who truly believe in what you are doingAlways stay focused on the big picture; the work – the project – is what matters Be mindful of ‘breathing your own exhaust': Success can be one of the most dangerous things that can happen to youFind the very best people to work with, work like hell to get them to partner with you, and then give them the keys so that they can go drive “I didn't want to be rich. I didn't want to be famous. I didn't even want to be happy. I wanted to be great.” – Bruce Springsteen When you are running after something, do not look left or right; just go! Read the full notes @ podcastnotes.orgYou grow up in a rough neighborhood in Brooklyn. You drop out of college. Your dad is your best friend but you don't want to work the docks like him. You're determined to “do something special.” You get a job sweeping the floor at recording studio. You get fired—twice. You'll do anything to work in the music business, including working on Easter Sunday. That's how you meet John Lennon. This is the day your life begins. You focus on being of service. You stay in the room and in the saddle. Bruce Springsteen teaches you what work ethic really means. You work with Tom Petty, Bono, Patti Smith, Stevie Nicks, and countless others. You'll produce hundreds of songs. You get restless, start a family, and start a record company. You get advice from David Geffen. You figure out your edge is producing the producers. You work with the absolute best, hand them the keys, and tell them to drive. You're a scrapper, you're persistent, you use fear as a tailwind, you keep the main thing the main thing, you work all the time, you put 100% into whatever is in front of you. You're described as fiercely competitive, insanely driven, and brilliant. You can never turn it off and you don't understand why everyone else isn't like that too. You start multiple companies, make billions of dollars, and tell the best stories when you go on podcasts after you retire. You are Jimmy Iovine. This episode is what I learned from rewatching the documentary The Defiant Ones and listening to these excellent interviews with Jimmy Iovine. ----- Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save time and money. ----- Join my free email newsletter to get my top 10 highlights from every book
Modern Wisdom Key Takeaways IQ is not destiny: While IQ can predict some abilities, it only explains about 40% of performance variationYou can improve your skills and develop unique aptitudes regardless of your IQPersonality traits outpredict IQ for life outcomes: Traits like conscientiousness and neuroticism are stronger drivers of GPA, income, and educational level than IQ aloneIQ and happiness are uncorrelated: Studies find no link (positive or negative) between IQ and happiness, though high-IQ people may experience more isolation or indecisionHigh IQ individuals can face unique challenges: They may be more susceptible to loneliness, social isolation, and even imposter syndrome, questioning their worth despite clear achievementsNarcissists are often over-represented among leaders: Because narcissists excel at attracting attention and admiration, they are more likely to become politicians and business leaders, but not all unpleasant people have a personality disorder.Read the full notes @ podcastnotes.orgSpencer Greenberg is a mathematician, founder, CEO & creator of ClearerThinking.org How much does IQ really matter? Most of us have met people on both ends of the spectrum and wondered where we stand and what that means for our future. But is IQ truly fixed, or can it be shaped in some very surprising ways? Expect to learn how much IQ matters in all areas of your life, what the pubic misunderstands about IQ, if we should be treating intelligence more like a skill than an inherent trait, why the obsession with IQ might just be a form of intellectual status-signaling, why imposter syndrome is shockingly common and some counterintuitive benefits to imposter syndrome, if traits like narcissism or sociopathy can ever be adaptive or useful, the most common misinterpretations of the Dunning-Kruger effect, and much more… Sponsors: See me on tour in America: https://chriswilliamson.live See discounts for all the products I use and recommend: https://chriswillx.com/deals Sign up for a one-dollar-per-month trial period from Shopify at https://shopify.com/modernwisdom Get 60% off an annual plan of Incogni at https:/incogni.com/modernwisdom Get a Free Sample Pack of LMNT's most popular Flavours with your first purchase at https://drinklmnt.com/modernwisdom Timestamps: (0:00) The Intelligence Test (3:25) What is IQ? (7:19) The Main Claims Around IQ (12:35) How Important is IQ? (17:50) More Claims Around IQ (19:52) Can a High IQ Be a Disadvantage? (22:25) Are IQ and Happiness Correlated? (35:20) What Does the Future of IQ Research Look Like? (36:31) - Deep Dive into Imposter Syndrome (55:07) Re-examining the Dunning-Kruger Effect (01:02:22) Deciding Your Own Attractiveness Level (01:06:14) Misunderstandings About Personality Disorders (01:16:56) The Differences Between Sociopaths and Psychopaths (01:17:56) Are Narcissism and Sociopathy Adaptive Traits? (01:23:27) Are We Over-Pathologizing Unpleasant People? (01:25:02) Find Out More About Spencer Extra Stuff: Get my free reading list of 100 books to read before you die: https://chriswillx.com/books Try my productivity energy drink Neutonic: https://neutonic.com/modernwisdom Episodes You Might Enjoy: #577 - David Goggins - This Is How To Master Your Life: https://tinyurl.com/43hv6y59 #712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: https://tinyurl.com/2rtz7avf #700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: https://tinyurl.com/3ccn5vkp - Get In Touch: Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/modernwisdompodcast Email: https://chriswillx.com/contact - Learn more about your ad choices. Visit megaphone.fm/adchoices
A16z Podcast Key Takeaways Future historians will look back on this era and wonder why we needed a license to cut hair but not a license to own and operate a computer – the most powerful device ever created There is a power law for M&A just like there is a power law for startups: the best M&A can completely transform a company, but only about 10% of deals ever work out “The actual way of regulating big companies is with a thousand startup piranhas, not by regulation.” – Balaji A large acquisition signals the big company's inability to build the product in-house, while also fueling the startup ecosystem by attracting talent and investment to that market vertical and spurring competition.The ultimate form of American capitalism is exploiting the rules in a clever way Balaji's global pro-tech legislative playbook:Identify the optimal legal framework for each market and verticalDevelop standardized, modular policy templates for all 50 U.S. states and 190 sovereign nationsBuild a government-relations team to establish and scale relationships across jurisdictionsIdentify and engage pro-tech policymakers (with emphasis on small, builder-friendly states) and deploy capital into markets that implement the model legislationThe greatest risk to AI innovation is arbitrary regulation; allowing market dynamics to operate freely will accelerate progress and distribute benefits broadlyThe question we all should be asking is, how do we build competition against the monopoly that is the US government Read the full notes @ podcastnotes.orgThere's been a wave of M&A deals lately - Meta and Scale, Windsurf and Google - and a lot of it points to something bigger: how regulation, capital, and innovation are colliding in 2025.In this episode Erik Torenberg brings together Steven Sinofsky, former Microsoft Executive and Balaji Srinivasan, founder of the Network School, and author of the Network State to break it all down. From acquihires to “acquifires,” from FTC crackdowns to the deeper battle between the state and the network, this is a sharp conversation on the future of tech and power. ResourcesFind Balaji on X: https://x.com/balajisFind Steven on X: https://x.com/stevesiLearn more about The Network State: https://thenetworkstate.comLearn more about The Network School: https://ns.com Stay Updated: Let us know what you think: https://ratethispodcast.com/a16zFind a16z on Twitter: https://twitter.com/a16zFind a16z on LinkedIn: https://www.linkedin.com/company/a16zSubscribe on your favorite podcast app: https://a16z.simplecast.com/Follow our host: https://x.com/eriktorenbergPlease note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.
Shawn Ryan Show Intro Advice for future innovators: Work on something that you would be proud to fail at“There's a whole generation or two that did not go into aviation because the door was closed to innovation.” – Blake Scholl Great people do not want to work for bosses who do not know what they are doing: There is no substitute for actually knowing what you are talking about and doing the work The world does not need more of what it has already got; the world needs more of what you can uniquely bring The incentives of government regulation agencies create an asymmetric bias towards conservatism, a reality that ultimately stifles progress and innovation; this centralizes and monopolizes risk decisions into the hands of government regulators The smaller the team, the easier it is to keep the talent bar high; the number one thing great people want is to work with other great people Using AI to create a talent engine: Have the AI handle the boring and rudimentary tasks so that human talent can work on the most interesting problems; this creates a flywheel of talent retention and magnetismBe unafraid to deploy inexperienced, high-aptitude talent – but phone somebody who has some gray hair The Speed Dividend from supersonic: If the flight is twice as fast, then you need half the number of pilots, half as many airplanes, and can get twice as many flights from the same number of airplanes and crewWork on what you love because you will learn so much about: You will learn 99% new stuff along the way, so why not learn 99.5% new stuff while working on something you really love?Go work on the thing that your five-year-old self would have been dazzled by Read the full notes @ podcastnotes.orgBlake Scholl is the Founder and CEO of Boom Supersonic, a company he started in 2014 to revive commercial supersonic flight with the Overture airliner, designed to fly at Mach 1.7 and carry 64–80 passengers. A Carnegie Mellon University computer science graduate (BS, 2001), Scholl began his career as a software engineer at Amazon, later owning a $300 million P&L at age 24, and co-founded Kima Labs, acquired by Groupon in 2012. Inspired by seeing Concorde in a museum, he self-taught aerospace engineering to launch Boom, which achieved the first privately developed supersonic flight with the XB-1 demonstrator in January 2025. With orders from United, American, and Japan Airlines, Scholl aims to make sustainable supersonic travel mainstream using 100% sustainable aviation fuel, targeting passenger flights by 2030. Shawn Ryan Show Sponsors: https://americanfinancing.net/srs NMLS 182334, nmlsconsumeraccess.org https://tryarmra.com/srs https://betterhelp.com/srs This episode is sponsored. Give online therapy a try at betterhelp.com/srs and get on your way to being your best self. https://meetfabric.com/shawn https://shawnlikesgold.com https://hexclad.com/srs https://hillsdale.edu/srs https://ketone.com/srs Visit https://ketone.com/srs for 30% OFF your subscription order https://ROKA.com – USE CODE SRS https://trueclassic.com/srs https://USCCA.com/srs https://blackbuffalo.com Learn more about your ad choices. Visit podcastchoices.com/adchoices
A16z Podcast Key Takeaways Human labor may become less valuable, but the property that humans own – such as the S&P 500 – will experience significant value growth Value will accrue to property owners, via capital incomeA practical definition of AGI: AI that can do 98% of jobs as well as humans and can automate 95% of white collar work People often think of AI replacing human jobs as a perfect substitute, but typically, new technological adoption is complementary to human labor The key capability of learning on the job has not been unlocked; this is a technological unlock that could supersede the brand effect So while OpenAI is leading on brand, it could be usurped by a lab that makes a technical breakthroughUnless more compute comes online to continue the growth, we will have to rely on advancements in AI algorithms to carry the torch With AI, capital and labor are functionally equivalent; we can just build more data centers and robot factories (which can build even more data centers and robot factories), thus creating an explosive dynamic The optimistic vision for humanity's role in an AI-driven future mirrors how we currently treat retirees: valuing their past contributions and supporting them even as they step back from direct economic productivity The emergence of AGI will resemble the Industrial Revolution more than it will the creation of the atom bomb There was not ‘one machine' that enabled the Industrial Revolution; there was a broader process of growth and automation due to many complementary innovations A sovereign-wealth fund type structure may describe the future of human work: Humans buy shares in investment firms that manage the investment of AI stuff and then become broad-based shareholders in the development of AI This is what Alaska does with oil Read the full notes @ podcastnotes.orgIn this episode, Erik Torenberg is joined in the studio by Dwarkesh Patel and Noah Smith to explore one of the biggest questions in tech: what exactly is artificial general intelligence (AGI), and how close are we to achieving it?They break down:Competing definitions of AGI — economic vs. cognitive vs. “godlike”Why reasoning alone isn't enough — and what capabilities models still lackThe debate over substitution vs. complementarity between AI and human laborWhat an AI-saturated economy might look like — from growth projections to UBI, sovereign wealth funds, and galaxy-colonizing robotsHow AGI could reshape global power, geopolitics, and the future of workAlong the way, they tackle failed predictions, surprising AI limitations, and the philosophical and economic consequences of building machines that think, and perhaps one day, act, like us. Timecodes: 0:00 Intro0:33 Defining AGI and General Intelligence2:38 Human and AI Capabilities Compared7:00 AI Replacing Jobs and Shifting Employment15:00 Economic Growth Trajectories After AGI17:15 Consumer Demand in an AI-Driven Economy31:00 Redistribution, UBI, and the Future of Income31:58 Human Roles and the Evolving Meaning of Work41:21 Technology, Society, and the Human Future45:43 AGI Timelines and Forecasting Horizons54:04 The Challenge of Predicting AI's Path57:37 Nationalization, Geopolitics, and the Global AI Race1:07:10 Brand and Network Effects in AI Dominance1:09:31 Final Thoughts Resources: Find Dwarkesh on X: https://x.com/dwarkesh_spFind Dwarkesh on YT: https://www.youtube.com/c/DwarkeshPatelSubscribe to Dwarkesh's Substack: https://www.dwarkesh.com/Find Noah on X: https://x.com/noahpinionSubscribe to Noah's Substack: https://www.noahpinion.blog/ Stay Updated: Let us know what you think: https://ratethispodcast.com/a16zFind a16z on Twitter: https://twitter.com/a16zFind a16z on LinkedIn: https://www.linkedin.com/company/a16zSubscribe on your favorite podcast app: https://a16z.simplecast.com/Follow our host: https://x.com/eriktorenbergPlease note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.
A16z Podcast Key Takeaways Distribution was so scarce not too long ago: The Unabomber killed all those people so he could get an op-ed in the Washington Post; today, he could have published his manifesto on Substack Founders should go directly and build their distribution channel “The founding creator is as important as the founding engineer. The founding engineer is the implementation, but the founding creator is the distribution. The founding engineer is the ‘how' and the founding creator is the ‘why'.” – Balaji Srinivasan For the media, the best thing they can do is put a man out of work (Watergate), and for tech, the best thing it can do is put a man on the moon (SpaceX) Red America imposing tariffs on China is like blue America imposing tariffs on AI – both are protectionist measures“Democracy is creating startup cities. Moving to Starbase was voting with feet. Building up Starbase was voting with a wallet. And incorporating Starbase was voting with a ballot. This is the future of democracy. Not a two-party system with the illusion of choice. Instead, a 1000-city system with the reality of choice.” – Balaji Tech is flanking legacy media with short-form tweets and long-form podcasts – two areas in which the media does not have establishment influenceWe must remove the barriers to exit so that everyone has a choice about which government rules them “With technology, we can have a new birth of media, science, democracy, and equality on the internet, because that's what the internet is: it's a peer-to-peer network, we are all equal on the internet. And truth is everybody's property; it is not Sulzberger's property – it's cryptography.” – Balaji Read the full notes @ podcastnotes.orgWhat really caused the breakdown between tech and media—and what comes next?Erik Torenberg sits down with Balaji Srinivasan (entrepreneur, investor, and author of The Network State) to explore the long-building conflict between Silicon Valley and legacy journalism. Balaji explains how the collapse of traditional media business models gave rise to political capture, clickbait, and adversarial coverage of the tech industry.They discuss why “going direct” is no longer optional, how tech became the villain in establishment narratives, and what it would take to build a new truth infrastructure - from decentralized content creation to cryptographic verification.This episode covers power, distribution, and the future of media, with a signature mix of historical insight, social analysis, and Balaji's forward-looking frameworks.Timecodes: 0:00 Introduction 1:26 The Media vs. Tech Conflict2:11 The Collapse of Journalism Revenue2:39 Rise of Wokeness and Political Realignment6:50 State vs. Network: A New Framework9:00 The Power Structure of Media Institutions19:25 The Role of Distribution and the Internet29:20 The Social War: Red vs. Blue America30:05 X Day and the Shift in Social Media Power42:56 Strategies for Technologists: Go Direct48:36 The Importance of Individual Creators1:10:00 Decentralized Truth and the Ledger of Record1:36:00 The Future of Media, Democracy, and Equality1:37:08 Conclusion & Final ThoughtsResourcesFind Balaji on X: https://x.com/balajisStay Updated: Let us know what you think: https://ratethispodcast.com/a16zFind a16z on Twitter: https://twitter.com/a16zFind a16z on LinkedIn: https://www.linkedin.com/company/a16zSubscribe on your favorite podcast app: https://a16z.simplecast.com/Follow our host: https://x.com/eriktorenbergPlease note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.
Crazy Wisdom Key Takeaways FarmBot is a robotic farmer for your garden, designed to take care of your garden by performing functions such as planting seeds, watering, weeding, and monitoringSimply being open source is not enough. For a project to be genuinely useful, it must also have extensive, clear documentation and use open, affordable file formatsToday, the vast majority of food that people eat is grown very far away and in ways that is not great for the food or environment We have very little control over the food production system, which is vital to our existence Let us get back to the smaller scale, more diverse polycrop system of food production; many follow-on benefits will result Building a resilient alternative to industrial food systems (which often rely on single-crop farming) reduces single points of failure along vulnerable supply chains The more that we can distribute the food system and bring it closer to the end-eater, the more robust our overall food system becomes Read the full notes @ podcastnotes.orgOn this episode of Crazy Wisdom, Stewart Alsop speaks with Rory Aronson, CEO of FarmBot, about how his open-source hardware project is transforming home gardening into a more automated and accessible practice. Rory explains how FarmBot works—essentially as a CNC machine for your garden—covering its evolution from Arduino-based electronics to custom boards, the challenges of integrating hardware and software, and the role of closed-loop feedback systems to prevent errors. They explore solarpunk visions of distributed food systems, discuss the importance of “useful source” documentation in open-source hardware, and imagine a future where growing food is as easy as running a dishwasher. For more on Rory and FarmBot, check out farm.bot and the open-source resources at docs.farm.bot.Check out this GPT we trained on the conversationTimestamps00:00 Rory explains FarmBot as a CNC machine for gardens, using Arduino and Raspberry Pi, automating planting, watering, and weeding.05:00 Discussion on the hardware stack evolution, open-source electronics roots, and moving to custom boards for better integration.10:00 Stewart shares his Raspberry Pi experiments, Rory breaks down the software layers from cloud apps to firmware, emphasizing complexity.15:00 Conversation shifts to closed-loop feedback with rotary encoders, avoiding 3D printer-style “spaghetti” errors in outdoor environments.20:00 Rory explores open-source challenges, highlighting “useful source” documentation and hardware accessibility for modifications.25:00 Solarpunk vision emerges: distributed food systems, automation enabling home-grown fresh food without expert knowledge.30:00 Raised bed setup, energy efficiency, and FarmBot as a home appliance concept for urban and suburban gardens.35:00 Small-scale versus industrial farming, niche commercial uses like seedling automation, and user creativity with custom tools.40:00 AI potential with vision systems, LLMs for garden planning, and enhancing FarmBot intelligence for real-time adaptation.45:00 Sensors, soil monitoring, image analysis for plant health, and empowering users to integrate FarmBot into smart homes.50:00 Rory describes community innovations, auxiliary hardware, and open documentation supporting experimentation.55:00 Final reflections on solarpunk futures, automation as empowerment, and how to access FarmBot's resources online.Key InsightsRory Aronson shares how FarmBot began as a DIY project built on Arduino and Raspberry Pi, leveraging the open-source 3D printing ecosystem to prototype quickly. Over time, they transitioned to custom circuit boards to meet the specific demands of automating gardening tasks like seed planting, watering, and weeding, highlighting the tradeoffs between speed to market and long-term hardware optimization.The conversation unpacks the complexity of FarmBot's “stack,” which integrates cloud-based software, a web app, a message broker, a Raspberry Pi running a custom OS, and firmware on both Arduino and auxiliary chips for real-time feedback. This layered approach is crucial for precision in an unpredictable outdoor environment where mechanical errors could damage growing plants.Aronson emphasizes that being open source isn't enough; to be genuinely useful, projects must provide extensive, accessible documentation and export files in open, affordable formats. Without this, open source risks being a hollow promise for most users, especially in hardware where barriers to modification are higher.They explore the solarpunk potential of FarmBot, imagining a future where growing food at home is as effortless as using a washing machine. By turning gardening into an automated process, FarmBot enables people to produce fresh vegetables without needing expertise, offering resilience against industrial food systems reliant on monoculture and long supply chains.Aronson points out that while FarmBot isn't designed for industrial agriculture, its modularity allows it to support niche commercial use cases, like automating seedling production in cleanroom environments. This adaptability reflects the broader vision of empowering both individuals and small operations with accessible automation tools.The episode highlights user creativity enabled by FarmBot's open hardware, including custom tools like side-mounted mirrors for alternative camera angles and pneumatic grippers for harvesting. These community-driven innovations showcase the platform's flexibility and the value of encouraging experimentation.Finally, Aronson sees great potential for integrating AI, particularly vision systems and multimodal LLMs, to make FarmBot smarter—detecting pests, diagnosing plant health, and even planning gardens tailored to user goals like nutrient needs or event timelines, moving closer to a truly intelligent gardening companion.
Moonshots and Mindsets with Peter Diamandis ✓ Claim Key Takeaways We will have artificial superintelligence by 2035: “Superintelligence” implies intelligence that is beyond the sum of what humans can do As important as nuclear fusion and fission may be for the future, they will not arrive soon enough to meet the immediate surge in global power demand driven by AI and data infrastructureLearning machines accelerate to their natural limit, and the current limit of AI systems is electricityGreater energy infrastructure is essential to support the intellectual capacity required for a superintelligent abundanceWe will have specialized savants in every field, within five years; the real question is, once we have all these savants, do they unify? Do they ultimately become superhuman? The emergence of superintelligence comes with huge proliferation issues: Competitive issues, China vs. the US issues, electricity issues; we do not even have the language for the deterrence and proliferation aspects of these powerful models The “Mutually Assured AI Malfunction” geopolitical competition framework: If one nation races ahead to develop superintelligent AI, rivals may sabotage their progress (through cyberattacks or strikes) to avoid destabilizing power imbalancesWhatever enables faster learning loops is the business moat of the future “The real risk is not Terminator, it's drift. AI won't destroy humans violently, but might slowly erode human values, autonomy, and judgment if left unregulated or misunderstood.” – Eric Schmidt The tools change, but the structure of humanity will not When superintelligence emerges, every person will have the sum of Einstein and Leonardo da Vinci in their pocket; how humans choose to use their polymath is the question “We don't know what artificial general intelligence will deliver, and we don't know what artificial super intelligence will deliver, but we know it's coming.” – Eric Schmidt Read the full notes @ podcastnotes.orgGet access to metatrends 10+ years before anyone else - https://qr.diamandis.com/metatrends Eric Schmidt is the former CEO of Google. Dave Blundin is the founder of Link Ventures – Offers for my audience: Test what's going on inside your body at https://qr.diamandis.com/fountainlifepodcast Reverse the age of my skin using the same cream at https://qr.diamandis.com/oneskinpod –- Connect with Eric: X: https://x.com/ericschmidt His latest book: https://a.co/d/fCxDy8P Learn about Dave's fund: https://www.linkventures.com/xpv-fund Connect with Peter: X Instagram Listen to MOONSHOTS: Apple YouTube – *Recorded on June 5th, 2025 *Views are my own thoughts; not Financial, Medical, or Legal Advice. Learn more about your ad choices. Visit megaphone.fm/adchoices
How to Take Over the World Key Takeaways Leveraging the press was one of Jefferson's superpowers; he knew that controlling the narrative was keyDespite claiming to hate politics, Jefferson was adept at the behind-the-scenes machinations that party-building requiredTurn opposition into strength: In essence, Thomas Jefferson helped found and shape America's first opposition party and then turned it into the governing party – a pattern that has defined US politics ever since “Philosophers think, politicians maneuver. Jefferson's genius was that he was both, and could do both, often simultaneously.” – Biographer Meacham Want to accelerate your career? Become a great writer – Jefferson's effective and memorable writing set him apart from his peers and built his legacy While he was a great organizer, thinker, and writer, he struggled with execution: Know your weaknesses and build a team that complements and strengthens those areasThree key takeaways on the life of Thomas Jefferson:(1) There is power in working behind the scenes, (2) Show a genuine interest in others; there is power in quiet conversation and (3) Follow your genuine curiosities Read the full notes @ podcastnotes.orgJefferson rebounds from his disastrous and governorship and personal loss to create a political legacy that would define a nation. 00:00 Introduction and Recap 02:30 Jefferson's Role as Ambassador to France 08:00 Jefferson's Return and Political Feuds 15:50 The Formation of Political Parties 23:55 Jefferson's Vice Presidency and Media Strategy 27:45 Jefferson's Election and Hamilton's Influence 30:00 The Evolution of the Democratic-Republican Party 32:30 Jefferson's Inauguration and Early Presidency 38:00 The Louisiana Purchase 42:00 Jefferson's Second Term Troubles 47:15 Post-Presidency and Founding the University of Virginia 50:00 Jefferson's Final Days 52:25 Legacy and Lessons from Jefferson's Life
How to Take Over the World The Ironies of Thomas Jefferson A writer, not a speaker: Jefferson was a poor public speaker but turned it into a strength by becoming a master writer; his pen, not his voice, made him influential Lifelong self-improver: He rigorously tracked habits, avoided laziness, exercised daily, and studied constantly – living a disciplined, almost scientific life of self-bettermentJefferson was full of paradoxes: a slaveholder who opposed slavery, a small-government advocate who made massive federal decisions like the Louisiana Purchase.Impact beyond his presidency: He chose to be remembered not as president, but as the author of the Declaration, the religious freedom statute, and the founder of the University of VirginiaThis shows what he truly valued: ideas, liberty, and education Jefferson's Ten Rules for Life:1. Never put off till tomorrow what you can do today.2. Never trouble another for what you can do yourself.3. Never spend your money before you have it.4. Never buy what you do not want, because it is cheap; it will be dear to you.5. Pride costs us more than hunger, thirst, and cold.6. We never repent of having eaten too little.7. Nothing is troublesome that we do willingly.8. How much pain have we cost ourselves by the evils which have never happened?9. Take things always by their smooth handle.10. When angry, count ten, before you speak; if very angry, a hundred.“It is a charming thing to be loved by everybody. And the way to obtain it is to never quarrel with anybody.” – Thomas Jefferson Read the full notes @ podcastnotes.orgHow did Thomas Jefferson overcome failure after failure to become the most significant politician of the early American Republic? On this episode we examine his habits, tactics, approach, and life up until his service in the Washington administration. 00:00 The Misunderstood President: Thomas Jefferson's Early Failures 02:15 Introduction 04:45 Jefferson's Early Life and Education 09:35 Jefferson's Personal Habits and Philosophies 12:30 Jefferson's Political Beginnings and the Fight Against Slavery 15:55 The Road to Independence: Jefferson's Writing and Influence 20:00 Jefferson's Rise in the Continental Congress 27:45 Drafting the Declaration of Independence 30:15 The Eloquence of Jefferson's Writing 37:00 The Final Edits and Adoption of the Declaration 42:00 Jefferson's Post-Declaration Achievements 47:20 Jefferson's Governorship and Personal Tragedy ---- Sponsors: TakeoverPod.Supercast.com - All premium content for just $7/month GainsInBulk.com/ben - Use code Ben for 20% off instantized creatine and more Speechify.com/ben - Use code Ben for 15% off Speechify premium Founders Podcast
Modern Wisdom Key Takeaways Focus on yourself first: Putting yourself first may seem paradoxical when building a healthy relationship, but you need to feel fulfilled and content with yourself before you can contribute positively to one The more you cultivate yourself, the more magnetic you will become to others Emotion is the most powerful lever you can use within yourself to achieve your productivity goals; when your emotions are aligned, productivity takes care of itself The best productivity advice: find something that you love and care about, and give yourself to it Avoid the paradox of choice; happiness comes down to being satisfied with what you have chosen Humans are not evolutionarily-optimized to be happy; we evolved to be predictive and adaptable to our environment Happiness is a lever in the brain that is pulled to get us to do things Avoid “meta-emotions”, which are emotions about your emotions. Your feelings themselves are always okay; it's judging or criticizing them that leads to problems Instead of labeling emotions as good or bad, simply allow yourself to feel themSome people's ‘anxiety' is just an addiction to fear: They have a compulsive, validation-seeking addiction to always being worried about something “I feel like most cultural and mental health issues these days can be summed up in just two words: performative victimhood.” – Mark Manson Today is the first time in history that every demographic feels aggrieved and persecutedBe careful with who you let yourself fall in love with: Choosing your life partner will be the most consequential financial decision of your life“If you aren't naturally tired at night and excited in the morning, then you probably haven't found something meaningful to work on. You're not stressed from doing too much; you're stressed from doing too little of what you care about.” – Mark Manson Read the full notes @ podcastnotes.orgMark Manson is a writer, entrepreneur, and a New York Times best-selling author. Mark is one of my favorite thinkers. His blog, books, and X account are packed with timeless lessons I come back to again and again. Today, we get to go through some of his best lessons on life, love, and everything that makes us human. Expect to learn how to actually stand up for yourself, what the real process of personal growth looks like, what it takes to actually cultivate confidence, why it's impossible for someone who destroys your mental health to be the love of your life, why feeling like you have no idea what you're doing is the price of entry to achieving your dreams, why you should learn to trust people more, and much more... Sponsors: See discounts for all the products I use and recommend: https://chriswillx.com/deals Get 35% off your first subscription on the best supplements from Momentous at https://livemomentous.com/modernwisdom Get up to $350 off the Pod 5 at https://eightsleep.com/modernwisdom Get a Free Sample Pack of LMNT's most popular Flavours with your first purchase at https://drinklmnt.com/modernwisdom Get a 20% discount on Nomatic's amazing luggage at https://nomatic.com/modernwisdom Timestamps: (00:00) People Would Need Less Therapy If They Tolerated Fewer A**holes (11:29) The More You Cultivate Yourself, The More You Have To Give (18:13) Personal Growth Is Learning To Lie To Ourselves Less (30:05) Confidence & Fear Both Require Something That Hasn't Happened Yet (40:07) It's Better To Be Loved For Who You Are Than Who You Pretend To Be (51:01) It's Hard To Love Someone Who Breaks Your Mental Health (58:46) Having No Idea Of What You're Doing Is The Price Of Receiving Your Dream (1:13:24) Emotion Is The Most Important Productivity System (1:27:33) The Happiest People Don't Question Their Choices (1:39:41) Trust People. Distrusting Everyone Is A Lot Worse (1:46:52) He Who Has The Smallest Ego Wins (2:00:49) People Adopt Values For What They Get Validated For (2:10:56) Find Out More About Mark Extra Stuff: Get my free reading list of 100 books to read before you die: https://chriswillx.com/books Try my productivity energy drink Neutonic: https://neutonic.com/modernwisdom Episodes You Might Enjoy: #577 - David Goggins - This Is How To Master Your Life: https://tinyurl.com/43hv6y59 #712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: https://tinyurl.com/2rtz7avf #700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: https://tinyurl.com/3ccn5vkp - Get In Touch: Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/modernwisdompodcast Email: https://chriswillx.com/contact - Learn more about your ad choices. Visit megaphone.fm/adchoices
The Great Simplification with Nate Hagens ✓ Claim Key Takeaways Myth #10: Price equals value Reality: Prices reflect ability to pay, not actual need or systemic importanceImplication: Markets inevitably prioritize luxuries and ignore essentialsMyth #9: Humans are RationalReality: We act from emotion, status, and social cues – humans are not robots!Implication: Models built for robots will fail real people Myth #8: Supply Curves Always Slope UpwardReality: Scaling lowers costsImplication: Scale concentrates social and economic power Myth #7: Energy is Just Another InputReality: Energy underpins everything, energy is not substitutable other than by other energy, and we are drawing down energy stocks millions of times faster than they were formed Implication: Our entire economic recipe neglects the most important ingredient, which is energy Myth #6: Money Comes From SavingsReality: Banks create money when they issue loans Implication: We are piling up claims on a shrinking biophysical base Myth #5: Debt Is A Natural Tool Reality: We can create more money (debt) but not more non-renewable inputs Implication: Debt is mostly leverage that increases civilizational risks Myth #4: GDP Is The Correct Measure of ProgressReality: GDP tracks spending, not well-being or ecosystem functionality Implication: Our main cultural goal is focused on costs, not benefits Myth #3: Nature Is A Trivial Subset of the Human EconomyReality: The economy is fully embedded in Earth's systems Implication: Undervaluing nature erodes our long-term foundation Myth #2: Markets Always Produce the Best OutcomesReality: Markets miss what cannot be priced Implication: Without boundaries, the invisible hand destroys the commonsMyth #1: Economic Laws Are Universal and TimelessReality: Economic theory was shaped by fossil abundanceImplication: Old models misled us in a world of systems and limits Read the full notes @ podcastnotes.orgEconomics departments around the world teach a narrow boundary story of the way our world works. A narrative of infinite growth driven by consumption and money, which has dominated our culture and unknowingly shaped the way we live. But does this story really reflect our biophysical reality – or the full scope of humanity's role within it? In this week's Frankly, Nate identifies 10 myths being taught in business schools today, and the massive implications these misconceptions hold for society. From the way we define value and the boundaries of success to the idolization of self-interest and human ingenuity, these so-called laws of economics were developed in a different world than the one we inhabit now. By exposing the unquestioned myths that are perpetuated in MBA education, Nate aims to sow the seeds of an economic system rooted in the real world – which may one day become a reality. What would it take for the long-held “immutable truths” of economic theory to be questioned, and eventually changed to better reflect our material limits? How do we redefine "success" in a way that does not posit GDP as the main indicator of human or economic well being? Most importantly, if we shed ourselves of these delusions, how might we reimagine an economic system that centers the well-being of citizens, the health of the planet, and all of the species we share it with? (Recorded June 9, 2025) Show Notes and More Watch this video episode on YouTube Want to learn the broad overview of The Great Simplification in 30 minutes? Watch our Animated Movie. --- Support The Institute for the Study of Energy and Our Future Join our Substack newsletter Join our Discord channel and connect with other listeners
A16z Podcast Key Takeaways The view of American businesses in the late 1990s was to get into China, outsource manufacturing, and reduce trade barriers between countries; this evolution was celebrated as the start of a new industrial era It has since turned into a national security issue for the United StatesChina's unique blend of socialism, totalitarianism, and entrepreneurship enabled this to materialize Doing business in China often comes with onerous conditions, such as surrendering intellectual property or allowing government ‘inspectors' access to operationsThe main risks to AI progress: (1) The government thinks that there is only one player, (2) One player thinks that it is the only player, and (3) The tech becomes geographically constrained It is very easy to pour money into China, but oftentimes, it does not come back out In the AI race, Microsoft's strength lies not in being the best, but in ensuring it is embedded in whatever platform ultimately prevailsApple is not a first-mover company; it is a first-integrator company Apple faces a critical decision on its AI strategy – whether that is a ‘strange bedfellows' partnership strategy (Microsoft and OpenAI), support anything that comes out (Amazon), or go its own way (Google, OpenAI, Anthropic) The silver lining for US manufacturing: Constraints fuel innovation; breakthroughs emerge when smart people focus on tough problems over timeCOVID exposed the fragility of the global supply chain system, revealing too many single points of failure to sustain a fracturing world order The role of IP in US-China competition is a litigation issue; we are in for years of market uncertainty as to how this dynamic will ultimately play out Read the full notes @ podcastnotes.orgWhat if the rise of Apple also built modern China?a16z's Erik Torenberg is joined by board partner and former Microsoft Windows chief Steven Sinofsky to unpack how Apple's pursuit of design excellence and supply chain scale catalyzed China's manufacturing superpower status - and why that partnership is now under intense scrutiny.Inspired by the book Apple in China (but not a book review), the episode dives deep into:The early days of Apple's shift to Chinese manufacturing What experts got wrong in 1999 about trade, globalization, and China's trajectoryHow Tim Cook's operational playbook reshaped the global tech industryBehind-the-scenes stories from Microsoft's own hardware battles and Surface launchWhy Apple's entanglement with China may now be a strategic liabilityWhat COVID revealed about fragile global dependencies — and where innovation goes nextHow national policy, intellectual property, and AI intersect in the new industrial eraThe episode opens with a few reactions to WWDC: Apple's new UI, the iPad's evolving role, and why Apple's AI story still feels unfinished - before zooming out into one of the most consequential tech and geopolitical stories of our time.TImecodes:00:00 Introduction00:37 Guest Introduction: Steven Sinofsky00:49 WWDC Reactions and Apple's AI Story02:27 WWDC Highlights: Liquid Glass and iPad Updates05:16 Apple's AI Strategy and Market Dynamics06:34 Meta's AI Moves and Market Implications13:30 Apple's Manufacturing Evolution: From Garage to Global20:50 The Rise of ODMs and Global Manufacturing26:32 Microsoft's Struggle with Piracy in China27:19 Apple's Revolutionary MacBook Air29:30 Challenges in PC Manufacturing31:05 The Rise of Chinese Manufacturing Skills32:07 The Point of No Return for Apple and China32:59 Global Trade and Intellectual Property Issues37:04 COVID-19's Impact on Global Manufacturing41:19 Future of Innovation and Manufacturing47:10 Navigating Intellectual Property in the AI Era48:55 Conclusion and Final ThoughtsResources:Find Steven on X: https://x.com/stevesiFind Erik on X: https://x.com/eriktorenbergStay Updated: Let us know what you think: https://ratethispodcast.com/a16zFind a16z on Twitter: https://twitter.com/a16zFind a16z on LinkedIn: https://www.linkedin.com/company/a16zSubscribe on your favorite podcast app: https://a16z.simplecast.com/Follow our host: https://x.com/eriktorenbergPlease note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.
How to Take Over the World Key Takeaways Key principles learned from Hannibal Be hungry for more information and data; look in unconventional places Maximize surprise by choosing the maximally-shocking option Set audacious goals Move fast and decisively Lead by example and share in the hardships of your subordinates The surest way to inspire men is to share their suffering: Great leaders do not stand on a pedestal; they get down in the mud with their people Do not fight a defensive war that you know you cannot win; there are times when a high-risk high-reward strategy is the best option All great generals move with speed; none of history's greatest generals moved slow – speed was their weapon In war, business, or art, the most effective strategy is often the one that shocks the most Read the full notes @ podcastnotes.orgHannibal Barca was Rome's greatest enemy. What was it about his strategies and leadership style that allowed him to haunt Romans' nightmares for centuries? 00:00 Hannibal's Blood Oath 02:00 Why Hannibal? 05:45 Carthage - A Brief History 17:30 The Making of Hannibal 28:35 The Rise of Hannibal as a Military Leader 31:45 Hannibal's Early Conquests in Spain 32:15 The Battle of the Tagus River 34:52 Consolidating Power in Spain 40:20 The Siege of Saguntum 41:20 Rome Declares War 47:30 Hannibal's Bold Strategy 49:30 Crossing the Alps 59:30 Hannibal's Arrival in Italy 01:00:30 Key Takeaways from Hannibal's Campaign ---- Sponsors: TakeoverPod.Supercast.com - All premium content for just $7/month AustinLab.AI - Provides advanced AI tools for businesses of any size GainsInBulk.com/ben - Use code Ben for 20% off instantized creatine and more Speechify.com/ben - Use code Ben for 15% off Speechify premium Founders Podcast
Founders ✓ Claim Key Takeaways Top insights from the episode Ambush your customer and pay a premium for prime real estate to do so Follow your instincts and make what you want to see in the worldLearn where your customers aggregate, then put your product in front of themIf you love what you do, never give up control; retention of total control is paramount Find an earned secret and then exploit the hell out of it for decadesMediocrity is invisible until passion shows up and exposes it Surround yourself with the best people: You will make thousands of little decisions with the people you work with; the consequences of these compound with time, hence why it is critical to work with the best decision-makers possible Despite the situation that you are born into, know that you have the agency to improve your standing in the world Embrace whatever it is that makes you different from others; this is your competitive edge, and it is best to lean into it “It may seem that now and then I need a rescuer. But over time, I learned to rescue myself.” – Tamara Mellon Read the full notes @ podcastnotes.orgWhen Tamara Mellon's father lent her the seed money to start a high-end shoe company, he cautioned her: “Don't let the accountants run your business.” Little did he know that over the next fifteen years, the struggle between “financial” and “creative” would become one of the central themes as Mellon's business.Mellon grew Jimmy Choo into a billion dollar brand and her personal glamour made her an object of global media fascination. Vogue photographed her wedding. Vanity Fair covered her divorce and the criminal trial that followed. The Wall Street Journal reported on her relentless battle between “the suits” and “the creatives" and Mellon's triumph against a brutally hostile takeover attempt.But despite her eventual fame and fortune, Mellon didn't have an easy road to success. Her early life was marked by a tumultuous and broken family life, battles with anxiety and depression, and a stint in rehab. Determined not to end up unemployed, penniless, and living in her parents' basement under the control of her alcoholic mother, Mellon honed her natural business sense and invested in what she knew best—fashion.In creating the shoes that became a fixture on Sex and the City and red carpets around the world, Mellon relied on her own impeccable sense of what the customer wanted—because she was that customer. What she didn't know at the time was that success would come at a high price—after struggles with an obstinate business partner, a conniving first CEO, a turbulent marriage, and a mother who tried to steal her hard-earned wealth.Now Mellon shares the whole larger-than-life story, with shocking details that have never been presented before. From her troubled childhood to her time as a young editor at Vogue to her partnership with the cobbler Jimmy Choo, to her very public relationships, Mellon offers an honest and gripping account of the episodes that have made her who she is today.In My Shoes is a definitive book for fashion aficionados, aspiring entrepreneurs, and anyone who loves a juicy true story about sex, drugs, money, power, high heels, and overcoming adversity. This episode is what I learned from reading In My Shoes: A Memoir by Tamara Mellon. -----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save time and money.-----Join my free email newsletter to get my top 10 highlights from every book ----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. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
Knowledge Project Key Takeaways Check out the episode pageRead the full notes @ podcastnotes.orgMost people protect their identity. Andy Grove would rewrite his, again and again. He started as a refugee, became a chemist, turned himself into an engineer, then a manager, and finally the CEO who built Intel into a global powerhouse. He didn't cling to credentials or titles. When a challenge came up, he didn't delegate, he learned. This episode explores the radical adaptability that made Grove different. While his peers obsessed over innovation, he focused on something far more enduring: the systems, structures, and people needed to scale that innovation. Grove understood that as complexity rises, technical brilliance fades and coordination becomes king. You'll learn how he redefined leadership, why he saw management as a creative act, and what most founders still get wrong about building great companies. If you're serious about getting better—at work, at thinking, at leading—this is the episode you'll be glad you didn't miss. This episode is for informational purposes only and most of the research came from The Life and Times of an American by Richard S. Tedlow, Only the Paranoid Survive by Andy Grove, and Tom Wolfe's profile of Robert Noyce available here. Check out highlights from these books in our repository, and find key lessons from Grove here — https://fs.blog/knowledge-project-podcast/outliers-andy-grove/ (05:02 ) PART 1: Hungarian Beginnings(06:48) German Occupation(09:27) Soviet Liberation(11:01) End of the War(12:35) Leaving Hungary (14:10) PART 2: In America(16:50) Origin of Silicon Valley(20:04) Fairchild (22:54) PART 3: Building Intel(25:15) Becoming a Manager(29:39) Intel's Make-or-Break Moment(31:35) Quality Control Obsession(34:41) Orchestrating Brilliance(37:49) The Microprocessor Revolution and Intel's Growth(40:32) Intel's Growth and the Microma Lesson(30:51) The Grove Influence(47:00) The Birth of Intel Culture(49:42) The Fruits of Transformation(50:43) The Test Ahead (53:07) PART 4: Inflection Points(55:23) The Valley of Death(58:26) The IBM Lesson(01:01:18) CASSANDRA's: The Value of Middle Management(01:04:09) Executing a Painful Pivot (01:08:25) Reflections, afterthoughts, and lessons Thanks to our sponsors for supporting this episode: MOMENTOUS: Head to livemomentous.com and use code KNOWLEDGEPROJECT for 35% off your first subscription. NOTION MAIL: Get Notion Mail for free right now at notion.com/knowledgeproject Upgrade — If you want to hear my thoughts and reflections at the end of all episodes, join our membership: fs.blog/membership and get your own private feed. Newsletter — The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it's completely free. Learn more and sign up at fs.blog/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices
Jordan B Peterson Podcast Key Takeaways No one starts strong, powerful, and confident; these are skills that must be developed and honed throughout life Better questions illuminate the path to a better life: By asking someone earnest questions, you confront your ignorance while also inviting them on an adventurous and playful journey of collaboration As a leader, the best approach is to bring your team with you on the journey of discoveryPay attention to your enemiesThey may reveal truths you would otherwise overlookIn their objections to your worldview, they may shed light on something that you could have done more effectively To enable decentralized command, leaders must rapidly develop subordinates into collaborative problem-solvers: the more decision-making ability is pushed down the ranks, the more agile and effective the organization becomes in a changing environment Hire super-competent people and offer them a thrilling deal so they are maximally motivated Leaders should seek distributed competence, not control: an effective manager makes himself irrelevant as quickly as possible Pay attention to the problems that cry out to you; it could be your destiny to solve that problem “If you punish the source within you that gives rise to ideas, it will stop producing ideas.” – Jordan B Peterson Make being creative the victor over all the competing temptations of lifeEnact discipline in your life so that your internal creativity can prevail The best leaders align their vision with their followers' interests; they inspire action by making others want to contributeRead the full notes @ podcastnotes.orgDr. Jordan B. Peterson sits down with Jocko Willink — decorated Navy SEAL, best-selling author, and serial entrepreneur — to explore the principles of discipline, leadership, and the relentless pursuit of meaningful goals. From parenting to entrepreneurship, from writing books to rebuilding American factories, this is a masterclass in how to live deliberately and lead effectively. Jocko shares how to recognize the problems that matter, transform them into opportunities, and cultivate the habits that compound into lasting success. Together, they trace the journey of “Way of the Warrior Kid” — from a simple idea to a major motion picture — and reflect on what it means to lead with humility, ask earnest questions, and build a life driven by purpose. Whether you're trying to straighten out your life, launch a business, or simply stay on the path, this episode is packed with hard-won insight on how to aim upward — and stay there. Jocko Willink is a retired U.S. Navy SEAL officer and decorated combat leader who commanded Task Unit Bruiser—the most highly decorated Special Operations unit of the Iraq War. After 20 years of service, including overseeing SEAL leadership training, he co-founded Echelon Front, a leadership consulting firm where he teaches battlefield-tested principles to business leaders. He is also a New York Times bestselling author of “Extreme Ownership, Discipline Equals Freedom,” and the “Way of the Warrior Kid” series, and hosts the popular Jocko Podcast.Privacy Policy: https://www.dailywire.com/privacyThis episode was filmed on April, 24th, 2025. | Links | For Jocko Willink: On X https://twitter.com/jockowillink?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Website https://jocko.com/ Jocko Podcast https://www.youtube.com/@JockoPodcastOfficial Extreme Ownership: How Navy SEALS Lead and Win (Book) https://a.co/d/edlceXB
Everyday Espionage Podcast ✓ Claim Key Takeaways The pursuit of a goal is chemically more rewarding than achieving the goal Leverage the “hope molecule” via exercise: Myokines are released during muscle contractions, triggering brain and body responses that reduce inflammation, elevate mood, and enhance resilience to stressFaith is when somebody does the work today without knowing that the work will provide the results that they expect tomorrow Repeated failures lead to increased cortisol levels without a corresponding rise in dopamine; over time, this causes people to avoid challenges that trigger stress and elevate cortisolInstead of being passive and allowing life to happen to you, be an active agent and make your life happen Agency comes from making practical and powerful steps regularly that put control back into your hands Embracing truth: If you are courageous enough to face and lean into the truth, you will gain a strategic advantage over those people who cower from it Read the full notes @ podcastnotes.orgFind your Spy Superpower: https://yt.everydayspy.com/4ffYFzN Learn more from Alex: https://everydayspy.com/alex Fitness and health are not easy – they take work, dedication and consistency. Social media may be selling simple solutions in pills and challenges, but what they are promising isn't fitness – they are selling espionage. Learn how the fitness industry is lying to you and why its so hard for people to tell the truth in this awesome chat with my personal exercise scientist, Alex Van Houten
Founders ✓ Claim What I learned from reading The Red Bull Story by Wolfgang Fürweger and Red Bull's Billionaire Maniac by Duff McDonald. ----Get access to the World's Most Valuable Notebook for Founders by investing in a subscription to Founders Notes----Come and build in-person relationships at the Founders Only conference----(1:30) "In literal financial terms, our sports teams are not yet profitable, but in value terms, they are," he says. "The total editorial media value plus the media assets created around the teams are superior to pure advertising expenditures."(2:30) "It is a must to believe in one's product. If this were just a marketing gimmick, it would never work."(5:00) He doesn't place a premium on collecting friends or socializing: "I don't believe in 50 friends. I believe in a smaller number. Nor do I care about society events. It's the most senseless use of time. When I do go out, from time to time, it's just to convince myself again that I'm not missing a lot."(7:30) The most dangerous thing for a branded product is low interest. (Edwin Land: The test of an invention is the power of an inventor to push it through in the face of the staunch-not opposition, but indifference-in society. (Indifference is your enemy)(9:00) Nike, Adidas and Vans episodes:Shoe Dog: A Memoir by the Creator of Nike by Phil Knight. (Founders #186)Sneaker Wars: The Enemy Brothers Who Founded Adidas and Puma and The Family Feud That Forever Changed The Business of Sports by Barbara Smit. (Founders #109)Authentic: A Memoir by the Founder of Vans by Paul Van Doren. (Founders #216)(11:00) The lines between Red Bull, Red Bull athletes, and Red Bull events are blurry on purpose. To Mateschitz, it's just one big image campaign with many manifestations.(12:00) He has no plans to sell or take Red Bull public. "It's not a question of money. It's a question of fun. Can you imagine me in a shareholders' meeting?”(13:00) Red Bull's Billionaire Maniac https://www.bloomberg.com/news/articles/2011-05-19/red-bulls-billionaire-maniac(16:00) He is universally described as a person with great charisma.(16:30) The Invisible Billionaire: Daniel Ludwig by Jerry Shields. (Founders 292)(17:00) He has a fierce desire for privacy. He buys a society magazine to make sure he never appears in it.(22:00) There is no market for Red Bull. We will create one.(24:00) Estée Lauder: A Success Story by Estée Lauder. (Founders #217)(30:00) the NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger. (Founders #329)(31:00) Gossip and malicious rumors are worth more than the most expensive publicity campaign in the world.” — Dior by Dior: The Autobiography of Christian Dior (Founders #331)(36:00) Control your costs and maintain financial discipline even when making record profits.(38:00) Cult brands have their own laws, otherwise they would not be cultish.(38:00) Red Bull is Dietrich Mateschitz and Dietrich Mateschitz is Red Bull.(38:00) Many companies outsource their marketing and advertising activity. Red Bull consistently took the opposite route: It outsourced production and distribution and takes care of sales and advertising itself.(40:00) Charlie Munger and John Collison on Invest Like The Best #355 Rolex: Timeless Excellence on Invest Like The Best (41:00) If you are making a physical product make it look different from its competitors from the start.(43:00) Everything is marketing.(45:00) Never do anything that compromises your survival.(46:00) He keeps his empire constantly in motion(46:00) All corporate projects like Formula 1, football, Air Race, and media serve the core business: the sale of the energy drink.(47:00) This is a battle for attention.(49:00) Red Bull owns their events. They never relinquish media rights to any event. They invest in making the content and then they give their content to other media distributors for free. A very clever way to multiply their advertising and marketing spend.(52:00) The Bugatti Story by L'Ebe Bugatti. (Founders #316)The Dream of Solomeo: My Life and the Idea of Humanistic Capitalism by Brunello Cucinelli. (Founders #289)(54:00) Why he moved Red Bull's headquarters to a little village on a lake: The aim was to create a more pleasant working atmosphere.(54:00) On why fitness is so important to him: “Everything that gives me pleasure in life is connected with a certain physical fitness and physical well-being. I like going to the mountain, I like skiing, I like sailing, I like riding a motorbike, I like fooling around - and everything is connected with a minimum of physical agility, motor skills, dexterity, strength, stamina. In order to enjoy it outdoors, I need the indoor program.”----Get access to the World's Most Valuable Notebook for Founders by investing in a subscription to Founders Notes----Come and build in-person relationships at the Founders Only conference----“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.” — GarethBe 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. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
Invest Like the Best Key Takeaways Time is the best filter: History's top entrepreneurs were completely focused over a long periodThe essential maxims from the episodeIt does not matter the pursuit; what matters is having a missionA great business takes time Find a simple idea and take it seriously – Charlie Munger Do one thing, and do it better than anyone else – Todd Graves Learning is not memorizing information; learning is changing your behavior The reward for great work is more work – Kevin Kelly The hard way is the right way – Jerry Seinfeld Be less interested in timely and more interested in timeless Overpay for talent because you really cannot overpay for talent Limit the amount of details, then make every detail perfect Pay attention to the nickels because the nickels turn into quarters Mediocrity is invisible until passion shows up and exposes it – Michael Ovitz The most successful businesses go ridiculously far in maximizing or minimizing one or a few variables Great entrepreneurs find opportunity in catastrophe Learning about history's most ambitious people stretches your imagination for what is possible in life “You think what you want is money, but what you really want is meaning.” – David SenraJust keep going; you will figure it out – have the self-belief and keep going Read the full notes @ podcastnotes.orgMy guest today is David Senra. David is the host of Founders podcast and a dear friend. This is our third time doing Invest Like the Best together and we have conversations like this one all the time. In today's episode, David distills wisdom from 400 entrepreneur biographies into a single word: focus. He reveals why exceptional builders like Todd Graves and James Dyson create billion-dollar empires through obsessive dedication to simple ideas—whether perfecting chicken fingers or designing vacuum cleaners—while rejecting conventional growth timelines and investor pressure. David challenges us all to find the one thing we'd pursue even without recognition or reward, or what I like to call your life's work. We discuss the concept of “anti-business,” raising capital as a founder, and decades-long commitment. Please enjoy this discussion with David Senra. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Ramp. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to Ramp.com/invest to sign up for free and get a $250 welcome bonus. – This episode is brought to you by AlphaSense. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Invest Like the Best listeners can get a free trial now at Alpha-Sense.com/Invest and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster. – This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Head to ridgelineapps.com to learn more about the platform. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes: (00:00:00) Welcome to Invest Like the Best (00:05:43) The Essence of Focus in Entrepreneurship (00:09:20) The Value of Long-Term Commitment (00:17:41) The Importance of Simplicity and Mastery (00:37:11) The Miracle of Entrepreneurship (00:44:56) James Dyson's Journey to Success (00:47:03) The Importance of Passion in Business (00:49:12) Critique of Modern Consumerism (00:52:18) The Value of Craftsmanship (00:56:36) The Drive for Excellence (01:04:06) The Importance of Hiring Top Talent (01:09:54) Creative Financing Strategies (01:19:35) Defining a Founder
My First Million Key Takeaways Everything is an issue of agency; agency is the most valuable skill for any founderWork from a creative mindset by actively applying your sense of agency: Write down the value, how you can display it, and then do the thing Getting Ted Lasso'd: When a Brit with twice the intelligence and knowledge gets outperformed by the American who has 10x the agency and confidencePay attention to your ideas that make you laugh; if they elicit this type of emotion in you, then you might be onto something If you wait for the news, you will be wrong or lateWhat is ignored by the media today that will be studied by future historians? Leverage on high agency has never been higher, thanks to modern AI tools Some people let reality happen to them and then use words to describe it, while others use words to edit and shape their reality Language shapes the world around usMinimize “should” from your vocabulary and start doing!The best way to increase your agency is to hang around people with high agencyIdeas are avocados: they are perishable – there is no time like the present to work on your idea The high-agency approach to problem solving: Ask “Why, Why, Why?” and continue to drill down on the problem until you arrive at the fundamental issue upon which you can take action today Speed is negotiable: Mobilize your army, which is your ideas, your resources, and your intention, to achieve your goal in much less time than you perceive to be possible Read the full notes @ podcastnotes.orgEpisode 703: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to George Mack ( https://x.com/george__mack ) about high agency. — Links: • Steal Sam's guide to turn ChatGPT into your Executive Coach: https://clickhubspot.com/wec • High Agency - https://www.highagency.com/ • Nick Mowbray episode - https://www.youtube.com/watch?v=4pHcxoZ0j9A — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it's called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam's List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano
Conversations with Tyler Key Takeaways “Looking way forward, we are on an unsustainable path.” – Kenneth Rogoff on the US fiscal situation The debt continues to balloon and another inflationary impulse is on the horizon Higher taxation is likely as a means to manage the deficit Japan has been effective at becoming sclerotic slowly, but their economic model is not worth imitating – especially if you are trying to compete with China Japan could be in serious trouble: It is finally experiencing inflation, needing to raise interest rates, has stuffed government debt into every orifice of its economy, and cutting old-age benefits to pay its growing interest expense“I think this is absolutely an existential crisis for Europe. It may lead to them becoming more cohesive. It may lead to them becoming more of a geopolitical power, but yes, they are going to have to make choices that they haven't had to make.” – Kenneth Rogoff on the economic situation in Europe The US brain drain of Europe's top talent contributes to Europe's slow economic growthSuddenly, the United States spends more on interest expense than it does on defense spendingThe fact that real interest rates appear to have regressed to their long-term trend is the most important macro change in the world The US should not be the first nation to implement a CBDC, if it ultimately chooses to do soWhy change the rules of the game if we are on top and winning? The US is so big that we are probably headed towards having competitive stable coins instead of a single CBDC Bet on mean reversion: For many variables, it's wise to assume they'll eventually drift back toward their average – it's a useful principle to keep in mindThe predictability of political business cycles: Those in power ignore the debt, the problem grows, and we end up exactly where we are nowChoosing the optimal inflation rate is one of the greatest macro puzzles – should it be 0%, 2%, 4%, or something else? China has dug itself in a very deep hole that will be difficult to dig out of: Innovation is required for a successful economy; just growing by building more roads and infrastructure will result in diminishing returns Read the full notes @ podcastnotes.org Harvard economist Kenneth Rogoff approaches global finance with the same strategic foresight that made him a chess grandmaster. Author of the new book Our Dollar, Your Problem, Rogoff doesn't sugarcoat America's future: he foresees a significant inflation shock within a decade, far more severe than the post-COVID bout. When this second wave hits, he warns, "credibility's really going to be shot." In this conversation, Ken and Tyler tackle international economic dynamics, unresolved macro puzzles, the state of chess, and more, including whether trade deficits are truly unsustainable, why China's investment-heavy growth model has reached its limits, how currency depreciation neutralizes tariff effects, Pakistan's IMF bailouts, whether more Latin American countries should dollarize, Japan's deceptively peaceful economic decline, Europe's coming fiscal reckoning, how the US will eventually confront its ballooning debt, the puzzling absence of a recession during our recent disinflation, the potential of phasing out large denomination currency notes, the future relevance of stablecoins, whether America should start a CBDC, Argentina's chances under Milei, who will be the next dominant player in chess, hanging out with Bobby Fischer, drawing out against Magnus Carlsen, and how to save classical chess from excessive computer preparation. Read a full transcript enhanced with helpful links, or watch the full video. Recorded April 2nd, 2025. Help keep the show ad free by donating today! Other ways to connect Follow us on X and Instagram Follow Tyler on X Follow Kenneth on X Sign up for our newsletter Join our Discord Email us: cowenconvos@mercatus.gmu.edu Learn more about Conversations with Tyler and other Mercatus Center podcasts here.
Infinite Loops Key Takeaways AI is not thinking-as-a-service but collaboration-as-a-service: The wrong way to approach AI is to sit back and see what it comes up with; the right way is to tinker with it and poke it in different ways so that novel patterns emergeBanning AI in schools is like stopping humans from using fire because they might burn themselvesAfter discovering how to use fire, we created fire departments, firemen, and fire exits; the same thing will happen with AI“AI is a mirror, not a mold.” – Jim O'Shaughnessy Creation is fundamentally about choices: The choices reflect what the creator considers; the creation is the result of what the creator decidesThe best writers use the best prompts – the same skills that make them great writers help them get the best from AI“A lot of things that are revolutionary in the history of technology have taken something that was encoded into the substrate and then made it an abstraction.” – Nathan Baschez AI in 2025 is roughly where the internet was in 1995: So even if there is an AI ‘crash', value creation will take place post-crash just as it did with internet companies following the Dot Com BubbleUnderstanding cumulative cultural evolution: Recognizing cultural shifts before others do gives you a competitive edge in both life and business The thinking that you should let the world pull companies out of your creative projects may be wrong; the vast majorities of successful businesses were started by people who wanted to create a successful business Do not fall victim to the “Disney Princess Co-Founder” Fallacy: Instead of waiting to start because you have not found the perfect co-founder, just start on your idea!A common misconception about writing is that it is not only a way to communicate our thoughts, but also a way to formulate our thoughts Learn more by doing: Set aside preconceived expectations and follow your curiosityRead the full notes @ podcastnotes.orgNathan Baschez is the cofounder and CEO of Lex, an AI word-processor. He also cofounded Every, was the first employee at Substack AND co-created Product Hunt. Suffice to say, Nathan knows a thing or two about building on the internet. He joins the show to discuss how AI is changing writing, why it's time to rethink the article, the rise of solo founders and MUCH more. I hope you enjoy this conversation as much as I did. For the full transcript, episode takeaways, and bucketloads of other goodies designed to make you go, “Hmm, that's interesting!”, check out our Substack. Important Links: Lex Twitter Substack LinkedIn Show Notes: Lex: Your Spotter In the Writing Gym Letting People Into Your Creative Process Collaboration-as-a-Service Creation Is Fundamentally About Choices What Will Become of the AI Holdouts? AI Is Like the Internet In 1995 Can AI Unfuck the Government? Blindspots While Working In Organizations Rethinking The ‘Article' As A Medium Memes Are Dense Information Packets It's Time for Solo Founders Why Learning About Cumulative Cultural Evolution Is Vital What's Next for Lex? Writing As A Way To Design Thoughts Nathan As World Emperor Books Mentioned: A Swim in a Pond in the Rain: In Which Four Russians Give a Master Class on Writing, Reading, and Life; by George Saunders The WEIRDest People in the World: How the West Became Psychologically Peculiar and Particularly Prosperous; by Joseph Henrich The Secret of Our Success: How Culture Is Driving Human Evolution, Domesticating Our Species, and Making Us Smarter; by Joseph Henrich
The Daily Stoic The White Lotus season finale aired Sunday, titled "Amor Fati"—and without giving away any spoilers, it served as a powerful reminder of a timeless philosophy: to love one's fate.
Shawn Ryan Show Key Takeaways Embracing the Founder Persona in America: The founder persona is a unique legacy of America that we should celebrate and embrace Rethinking the Software-Industrial Complex: If software is so great, why does nothing seem to work? Perhaps we need to reevaluate whether the software-industrial complex is genuinely serving society, or merely claiming to Data is not the “new oil”; data is the new snake oil: There is nothing inherently valuable about data – it is only valuable if you can use it to make a decision Read the full notes @ podcastnotes.orgShyam Sankar is the Chief Technology Officer at Palantir Technologies. A builder at heart, he's spent over 20 years designing and deploying cutting-edge software and AI for both government and private sector partners. As Palantir's 13th hire, Shyam helped take the company from scrappy startup to S&P 500 powerhouse. A relentless opponent of inefficiency and red tape, Shyam has made it his mission to overhaul the institutions holding America back—starting with the government. His focus? The Defense Reformation: a bold effort to transform how the U.S. military buys, builds, and fights so we can win—and keep winning. Shawn Ryan Show Sponsors: https://roka.com - use code SRS https://tryarmra.com/SRS https://BetterHelp.com/SRS https://Blackbuffalo.com https://boncharge.com/SRS https://MeetFabric.com/SHAWN https://ShawnLikesGold.com | 855-936-GOLD https://Helixsleep.com/SRS https://hexclad.com/SRS https://hillsdale.edu/SRS https://PatriotMobile.com/SRS | 972-PATRIOT https://prizepicks.onelink.me/LME0/SRS Download the app today and use code SRS https://RocketMoney.com/SRS Shyam Sankar Links: X - https://x.com/ssankar Substack - https://www.shyamsankar.com LinkedIn - https://www.linkedin.com/in/shyamsankar On The Defense Reformation - https://18theses.com First Breakfast - https://www.firstbreakfast.com Learn more about your ad choices. Visit podcastchoices.com/adchoices
Real Vision Classics Key Takeaways The time to start your art is now; without action, nothing will happenStart creating your art before you feel ready; you will discover the answers along the way Use labels to elevate your ambition: Your identity will conform to the words you use to describe yourself Half the magic is in *not* knowing; the magic exists in what you don't know, but will soon discover Life and art should be the same; you write your own story in life – the story of who you are, what you are going to become, and what you are going to achieve If you do not have fear about something that you are going to do today, then you are probably wasting your time Remove ego from the creative process and be a conduit for the creative spirit to come through you Don't parent, partner: If you want your relationship with your kids to last a long time, then partner with them and be their mentor instead of parenting them “The biggest obstacle in your life is you, always.” – Robert Rodriquez Read the full notes @ podcastnotes.org
All-In with Chamath, Jason, Sacks & Friedberg Intro Necessity is the mother of innovation: “We are putting enough friction into the system that it does theoretically give America an advantage at the cost of creating tremendous incentives for China to develop their semiconductor ecosystem.” – Gavin Baker Prohibiting China's access to Nvidia GPUs encourages China to create its own Nvidia, though it may take a decade for it to do so If progress in the AI agent space continues, the only rate-limiting factor to its widespread adoption will be compute power; the days of AI agents competing in all of our daily tasks is a long time away because this will require so much computing, and the capacity does not exist yet Most everybody agrees that deregulation is good: Every time the admin says the word “tariff” it should say “deregulation” three times afterThe best way to encourage the reshoring of key industries is just making it easier to do business in AmericaThe US must figure out the difference between manufacturing and IP so that we can trap the real value of these industries back in AmericaThe admin is focused on making life better for normal, working-class Americans The goal of the tariffs is to restore the industries that can be restored into the US; but implementing them may create externalities, such as inflation and retaliatory tariffs The globalized “free trade” model of the last twenty years has benefitted US knowledge workers, but it has left the everyday American behind On DOGE: While Democrats and Republicans may disagree on where the government spends its money, both sides should want the spending to be efficient Using the Alien Enemies Act of 1798, the Trump admin has deported 238 alleged gang members to El Salvador's high-security CECOT prison The last use of this act was during World War II under President Franklin D. Roosevelt, who ordered the deportation of thousands of Germans, Italians, and JapaneseSince 2015, El Salvador has slashed its murder rate by 99% through widespread arrests of suspected gang members without due process “The one thing I learned: Everybody in America is always focused on making America better. Having been to eighty different places around the world, our only goal should be to not screw it up in America. Just don't make it worse, because America is so much better than everywhere else.” – Gavin sharing a quote from a Navy SEALRead the full notes @ podcastnotes.org(0:00) The Besties welcome Gavin Baker back on the show! (1:20) Nvidia balance sheet questions, CoreWeave IPO, M&A/IPO bounce back (16:22) US vs China in AI: Manus, China building its own Nvidia, and more (28:37) The Administration's endgame for tariffs (53:05) Signalgate: context and fallout (1:09:42) El Salvador deportations Follow Gavin: https://x.com/GavinSBaker Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect Referenced in the show: https://www.reuters.com/technology/coreweave-planning-cut-us-ipo-size-price-below-range-source-says-2025-03-27 https://www.reuters.com/world/us/us-adds-dozens-entities-export-restriction-list-2025-03-25 https://modelcontextprotocol.io/introduction https://www.theinformation.com/articles/openai-plots-charging-20-000-a-month-for-phd-level-agents?rc=pxkrxo https://www.youtube.com/watch?v=A8wJc7vHcTs https://x.com/JohnArnoldFndtn/status/1905296181208416744 https://x.com/chamath/status/1904547884877701610 https://www.theatlantic.com/politics/archive/2025/03/trump-administration-accidentally-texted-me-its-war-plans/682151 https://www.whitehouse.gov/presidential-actions/2025/03/invocation-of-the-alien-enemies-act-regarding-the-invasion-of-the-united-states-by-tren-de-aragua https://www.statista.com/statistics/696152/homicide-rate-in-el-salvador https://x.com/Sec_Noem/status/1905034256826408982
Tetragrammaton with Rick Rubin ✓ Claim Key Takeaways Check out the Tetragrammaton episode pageRead the full notes @ podcastnotes.orgMel Ziegler is the co-founder of Banana Republic and The Republic of Tea. In 1978, with $1,500 in savings and no prior business experience, he and his wife, Patricia Ziegler, launched Banana Republic, reimagining military surplus as stylish safari and expedition wear. After leaving the company, the duo went on to co-found tea company The Republic of Tea with Bill Rosenzweig. Ziegler is also the co-author of the memoir Wild Company: The Untold Story of Banana Republic, chronicling their unconventional entrepreneurial journey. Before his business ventures, he worked as a journalist for the Miami Herald and the San Francisco Chronicle, and he wrote for New York Magazine. A multi-faceted creative, Ziegler has also been an abstract painter for nearly 30 years. ------ Thank you to the sponsors that fuel our podcast and our team: Athletic Nicotine https://www.athleticnicotine.com/tetra Use code 'TETRA' ------ Squarespace https://squarespace.com/tetra Use code 'TETRA' ------ LMNT Electrolytes https://drinklmnt.com/tetra Use code 'TETRA' ------ Sign up to receive Tetragrammaton Transmissions https://www.tetragrammaton.com/join-newsletter
Modern Wisdom Key Takeaways Everything is an agency issue; all problems are solvable with enough knowledgeAll the progress that the human species has made is due to agency; from the air conditioned rooms we sit in, to the clothes we wear, to the cars we drive – everything is agencyThe four ingredients for high agency: clear thinking, resourcefulness, bias to action, disagreeability Avoid the Rumination Trap, which is a mental loop where overthinking disguise itself as problem-solving but actually leads to inaction, anxiety, and wasted energy If you want to be high agency, you must be intentional and decisive; mid-wits try to appear smarter than they actually are by overcomplicating thingsGeneral ambition gives you anxiety; specific ambition gives you direction Fundamentally, there is no “way” apart from the the one that works; focus on outputs instead of inputs There may be a range of outcomes in which you have the capacity to achieve, but within that range, everything is exclusively on you Inverse Charisma: The people who are most well-liked are the people who make other people feel the most interestingThere is no memory of normal; the only thing we remember about someone is their weird eccentricities – much of life consists of getting back to our childlike curiosities “High agency is the most under-discussed and most important idea in the 21st century.” – George Mack Read the full notes @ podcastnotes.orgSponsors: See discounts for all the products I use and recommend: https://chriswillx.com/deals Get $350 off the Pod 4 Ultra at https://eightsleep.com/modernwisdom (use code MODERNWISDOM) Get the best bloodwork analysis in America at https://functionhealth.com/modernwisdom Get a Free Sample Pack of all LMNT Flavours with your first purchase at https://drinklmnt.com/modernwisdom Get a 20% discount on the best supplements from Momentous at https://livemomentous.com/modernwisdom Extra Stuff: Get my free reading list of 100 books to read before you die: https://chriswillx.com/books Try my productivity energy drink Neutonic: https://neutonic.com/modernwisdom Episodes You Might Enjoy: #577 - David Goggins - This Is How To Master Your Life: https://tinyurl.com/43hv6y59 #712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: https://tinyurl.com/2rtz7avf #700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: https://tinyurl.com/3ccn5vkp - Get In Touch: Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/modernwisdompodcast Email: https://chriswillx.com/contact - Learn more about your ad choices. Visit megaphone.fm/adchoices
All-In with Chamath, Jason, Sacks & Friedberg Key Takeaways “The key is to stop sending money to the wrong place so that we can always defend sending money to the right place.” – Howard Lutnick If Howard balances the budget, Trump agrees to waive all income tax for people who make less than $150,000 per year About $1 trillion per year can be saved by cutting government waste, fraud, and abuse; this is DOGE's target – and it is Howard's job to generate $1 trillion in exogenous new revenues for the government There is no such thing as free and fair trade: Inflation comes from printing more money, not from tariffs; the strategy is to put tariffs on things that will reshore Establishing the External Revenue Service: The institutions and infrastructure of the United States are not being optimally monetizedWhat is the market value of American citizenship? If Nvidia is worth $3 trillion, how much is the American legal system worth?Why are we not mining our valuable resources?Are there creative and productive ways to monetize federal lands? The United States is the greatest customer in the world; it should benefit from that reality when it does business with other nations or corporations Example: Hold stock warrants in the sovereign wealth fund so the American people benefit when the US does a business dealCapital appreciation in the sovereign wealth fund will be used to offset the nation's debt “Our objective is to smash down the Internal Revenue Service and change America.” – Lutnick Read the full notes @ podcastnotes.org(0:00) Chamath and Friedberg welcome Commerce Secretary Howard Lutnick! (1:10) Howard describes his 30+ year relationship with President Trump and his road from business to politics (14:44) Running Trump's transition team, DOGE origin story, what it's like working for Trump (38:01) Balancing the budget and fixing GDP (52:21) Tariff history and strategy, global trade (1:10:34) Trump Cards, building better government software, AI thoughts (1:22:49) Sovereign Wealth Fund strategy (1:37:16) How his family reacted to his new role Thanks to our partners for making this happen: Gemini: https://www.gemini.com/allin Hims: https://www.hims.com | https://www.forhers.com iTrustCapital (use code allin): https://www.itrustcapital.com/allin Follow Secretary Lutnick: https://x.com/howardlutnick Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect
Founders ✓ Claim Key Takeaways “Do one thing and do it better than anyone else.” – Todd Graves A winning idea can work for decades: Don't think that you need to have a new idea every six months to be successfulCombine extreme patience with an extreme intolerance for slowness If you love what you are doing, then you will never stop doing it – and therefore, you will never interrupt the compounding effects of your efforts Make mistakes fast, but fix them even faster Make your people feel appreciated; constantly communicate your appreciation for them Corporate America makes financial decisions, not personal ones; this creates an opportunity for founder-led businesses that have more skin in the game You should be in a rush to get to your last business: “I'm not really interested in your first business. I'm interested in your last business.” – David Senra Lock in with a singular focus and do that thing better than anybody else; if you try to be all things for all people, then you are not anything to anybody Do not listen to “experts”; listen to your gut and intuition Limit the amount of details to perfect, then make every detail perfect “Never ever give up, and be fanatical. You've got to be fanatical. Nothing ever happens unless someone pursues a vision fanatically.” – Todd Graves Read the full notes @ podcastnotes.orgTodd Graves is one of my favorite living entrepreneurs. He's a great example of Charlie Munger's maxim: Find a simple idea and take it seriously. Todd wanted to create a quick service restaurant that only focused on quality chicken finger meals and nothing else. Everyone told him that couldn't possibly work. The college paper that described the idea that would turn into Raising Canes got the lowest grade in the class. Banks wouldn't loan him any money —but nothing could stop Todd from living out his "chicken finger dream." He worked 95 hour weeks as a boilermaker, risked his life on a commercial fishing boat off the coast of Alaska, and scrounged up startup money from his bookie and a guy named Wild Bill. Todd made every mistake in the book, over leveraged himself, almost lost everything and yet he refused to give up or sell out. Today he has over 800 locations, 50,000 employees, and owns 90% of a business that's worth at least $10 billion. Todd's maxim is "Do one thing and do it better than anyone else." Sources: Trading Secrets: Raising Cane's founder Todd Graves reveals his path to building the wildly popular restaurantTheo Von: Raising Cane's Founder Todd Graves----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----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. ----Join my free email newsletter to get my top 10 highlights from every book ----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. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
All-In with Chamath, Jason, Sacks & Friedberg Key Takeaways “I wanted to get involved in the campaign because I was so alarmed with what the Biden administration was doing with the debt and deficit.” – Scott Bessent The US was headed for a European-style economic malaise in which the rich get richer and the everyday person gets left behind The Biden administration's economic policies were not only unfair to the everyday American but also unstable and damaging to the American dream The key aspects of the American Dream: Home ownership, financial security, some level of comfort, Purpose in your work, The ability to support your family, and optionality so that you do not have to work multiple jobs to make ends meet In the post-World War II period, 90% of children ended up earning more than their parents; today, that figure is around 50% The US does not have a revenue problem; it has a spending problem The Trump Administration's “3-3-3” economic strategy Achieve 3% real GDP growth Reduce the budget deficit to 3% of GDP by 2028 Increase U.S. Energy production by 3 million barrels of oil per dayAbout 25% of the nation's GDP flows through the ten-mile radius around Washington DC – and everyone in DC is trying to skim a little off the top “It is the Department of Government Efficiency – not government extinction, not government elimination.” – Bessent The second part of the plan is to reorder the international trading system and bring manufacturing jobs back to the US; this will reinvigorate the middle-class Everything Trump does is not always in a straight line, but he has a destination in mind“He wants to create assets for the American people, not just debt.” – Scott Bessent on President Trump The intention of the US Sovereign Wealth Fund: The US can get a higher return on its assets than it is currently getting Three other agenda items for the Trump Administration 1. Low and predictable taxes 2. Substantially slash regulations and increase the predictability of regulations 3. Cheap energy and increased energy security Cheap energy and energy security help solve a lot of America's affordability problems; we cannot be dogmatic about where solutions come from “He really regards himself as the mayor of America”: Trump doesn't care if you are Elon Musk or the guy mowing the White House lawn; you are his constituent Read the full notes @ podcastnotes.org(0:00) Chamath and Friedberg describe their adventures in DC and welcome Treasury Secretary Scott Bessent! (2:12) Scott's background, what drew him to equities, the role of macro investors (7:22) The legendary trade that broke the Bank of England in 1992, and how it relates to Main Street vs Wall Street today (21:30) Scott explains the Trump Administration's economic strategy (32:45) How this administration plans to de-regulate the economy, Fed relationship, re-financing debt (42:06) DOGE, DC grifts, shakeup at the IRS (50:51) Re-engineering social security through the US SWF, how energy factors in (1:00:02) Surprises, fixing affordability, thoughts on President Trump Thanks to our partners for making this happen: Gemini: https://www.gemini.com/allin Hims: https://www.hims.com | https://www.forhers.com iTrustCapital (use code allin): https://www.itrustcapital.com/allin Follow Secretary Bessent: https://x.com/SecScottBessent Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect
How to Take Over the World Key Takeaways At the heart, Donald Trump is a deal-maker and a fighter who constantly demands attention“Good publicity is preferable to bad, but from a bottom-line perspective, bad publicity is sometimes better than no publicity at all. Controversy, in short, sells. I'm not sure that's a good thing – and in truth, it probably says something perverse about the culture that we live in. But I'm a businessman.” – Donald Trump Do not be afraid of failure: Everything you want in life is on the other side of willing to be cringe Trump views the world in terms of deals; he does not like the idea of defending another country without getting something in return Every deal needs its thrill: Some say he won't do a deal unless there is something “extra” to it, a moral larceny to it – he is not satisfied by only generating profits Understanding his motivations helps make sense of his actions: he pursues things for the exposure those pursuits generate – the prestige, the credibility, the visibility, the recognition “One thing I've learned about the press is that they're always hungry for a good story, and the more sensational the better. It's in the nature of the job, and I understand that.” – Donald Trump The Art of the Deal: “I don't do it for the money. I've got enough, much more than I'll ever need. I do it to do it. Deals are my art form. Other people paint beautifully on canvas or write wonderful poetry. I like making deals, preferably big deals. That's how I get my kicks.” – Donald Trump Read the full notes @ podcastnotes.orgDonald Trump: real estate mogul, master marketer, and the most polarizing figure of our time. How did he go from a brash young developer in Manhattan to the most powerful man in the world? In this episode of How to Take Over the World, we break down the strategies, mindset, and raw ambition that fueled his rise. ----- 00:00 - Introduction: The Farce and Reality of Donald Trump 02:40 - Who is Donald Trump? 03:55 - Polarizing Figure: Love Him or Hate Him 06:06 - Fred Trump: The Formative Influence 08:56 - Young Donald: Aggression and Military School 14:53 - College Years and Avoiding the Vietnam War 18:31 - Early Real Estate Ventures 25:41 - The Grand Hyatt: A Major Success 35:40 - Trump Tower: Controversy and Prestige 43:45 - Trump's Wollman Rink Success 45:36 - Television City: A Bold Vision 48:01 - The Cringe Factor: Embracing Failure 51:12 - Recap of Trump's Early Success 54:24 - The Downfall Begins: Casinos and Distractions 01:01:35 - Trump's Desperate Measures 01:08:34 - The Apprentice: A Turning Point 01:11:22 - Understanding Trump: The Deal Maker 01:19:24 - Final Thoughts and Controversies ----- Sponsors: HTTOTW Premium - Sign up to get all endnotes and special episodes Gains In Bulk - Use this link and use code Ben for 20% off VanMan - Use code TakeOver10 for 10% off Founders Podcast
Knowledge Project Key Takeaways Check out the episode pageRead the full notes @ podcastnotes.orgI've learned as much from reading biographies as from interviewing amazing people. That's why we're starting 'Lessons from Outliers.' Every other week, we'll study an outlier who did remarkable work. From industrialists who reimagined commerce to the irreverent personalities who challenged the foundations of their fields, we'll explore what they did and how they did it. We can learn something from everyone. We're starting Outliers with Timothy Eaton, a Canadian name that might not be familiar to many listeners today, but his innovations fundamentally changed retail and how we shop. This episode is about how he built that empire, the principles that drove its success, and the forces that eventually brought it all crashing down. Whether you're building a business, leading a team, or trying to understand how great companies rise and fall, Timothy Eaton's story offers timeless lessons about innovation, trust, and the true price of success. You'll learn why even the mightiest empires can crumble when they forget the principles that built them and why success—no matter how massive—must be earned and re-earned daily. (01:55) Introduction (05:04) The Vision (06:16) Timothy's Early Years (09:28) The System (12:17) The Innovation Engine (14:18) The Scale Game (18:08) The Platform Play (19:32) The Leadership Philosophy (20:48) The Succession (22:21) Retail as Entertainment (23:14) The Western Expansion (25:12) Building the National Network (26:05) Creating the Corporate Family (26:43) The Pinnacle of Power (27:43) The Inherited Crown (28:33) The Comfortable Plateau (31:33) The Weight of Tradition (33:12) The Profit Paradox (34:02) The Identity Crisis (34:51) The Final Chapter This podcast is for information purposes only and draws primarily from two excellent books: ‘The Eatons: The Rise and Fall of Canada's Royal Family' by Rod McQueen, which chronicles the Eaton family history and the company's journey from beginning to end, and ‘Timothy Eaton and the Rise of His Department Store' by Joy L. Santiuk, which focuses on the founder's life. Newsletter - The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it's completely free. Learn more and sign up at fs.blog/newsletter Upgrade — If you want to hear my thoughts and reflections at the end of the episode, join our membership: fs.blog/membership and get your own private feed. Learn more about your ad choices. Visit megaphone.fm/adchoices
Invest Like the Best Key Takeaways The best investors get excited during periods of extreme change Key traits for being a successful investor: Be (1) wildly competitive and (2) incredibly curiousCollaboration is key: Once an investment research team grows beyond 20 people, silos form and collaboration decreases Design your organization in a way that encourages dialogue, debate, information sharing, and people to push one another Traits of a Perfect Business1. Incredible leadership 2. Really strong unit economics 3. A solid moat around the business 4. Excellent value proposition to the customer 5. The ability to grow organically without investing meaningful capital 6. A huge runway for growth that can last for many years without being disrupted The optimal portfolio should consist of several things that you are excited about and that have idiosyncratic drivers Certain market backdrops are conducive for different investing styles: Certain investors play a different game from everyone else and there are certain investors who play the popular game bestHire self-aware and curious people who love to learnBonus points if they competed in sports at a high level; these people understand hard work, failure, disappointment, and achievement Do not fall victim to paralysis by analysis: Recognize that there is always the opportunity to learn more, but know when you have enough information to make a decision Investing is a pattern-matching business and the gap between winners and losers is widening How to live a rewarding life: Figure out who in your life matters to you, figure out what matters to them, and then show up for them in all the ways that matter to them Read the full notes @ podcastnotes.orgMy guest today is Kelly Granat. Kelly is the Co-Chief Investment Officer and Managing Director at Lone Pine Capital, one of the most storied and successful hedge fund and investment firms of the last several decades. We explore how investing has evolved since Kelly joined the industry and she shares insights into Lone Pine maintaining its edge through deep fundamental research and a collaborative culture. We discuss what makes great businesses and great investments, how leadership can transform companies, and Kelly's perspective on evaluating management teams and identifying opportunities around corporate change that the market often misprices. Please enjoy my conversation with Kelly Granat. Subscribe to Colossus Review. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Ramp. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Ramp is the fastest-growing FinTech company in history, and it's backed by more of my favorite past guests (at least 16 of them!) than probably any other company I'm aware of. Go to Ramp.com/invest to sign up for free and get a $250 welcome bonus. – This episode is brought to you by AlphaSense. AlphaSense has completely transformed the research process with cutting-edge AI technology and a vast collection of top-tier, reliable business content. Imagine completing your research five to ten times faster with search that delivers the most relevant results, helping you make high-conviction decisions with confidence. Invest Like the Best listeners can get a free trial now at Alpha-Sense.com/Invest and experience firsthand how AlphaSense and Tegus help you make smarter decisions faster. – This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. I think this platform will become the standard for investment managers, and if you run an investing firm, I highly recommend you find time to speak with them. Head to ridgelineapps.com to learn more about the platform. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes: (00:00:00) Learn About Ramp, Alphasense, & Ridgeline (00:06:09) Market Structure Evolution (00:08:39)The Impact of Passive Investing (00:10:21) Collaboration & Team Dynamics (00:13:48) Excitement in Periods of Extreme Change (00:14:21) The Role of Competition & Curiosity (00:22:00) Fundamental Research & Data Integration (00:27:34) Investment Philosophy (00:35:31) People-Centric Investing (00:42:24) Succession Planning (00:49:32) Facing the Pressure of Early Success (00:50:31) Burnout & Rediscovery (00:57:08) Learning from Industry Leaders (00:58:04) Evaluating Talent and Competition (01:11:29) Lessons in Investment (01:27:27) The Kindest Thing Anyone Has Ever Done For Kelly
Founders ✓ Claim Key Takeaways Best Michael Ovitz quotes: “Insecurity and ambition make a powerful cocktail.” “I didn't want to be standard in any way.”“I would have been much happier if I hadn't been so determined to appear all-knowing and invulnerable.”“Everyone stopped. I didn't stop.” Lew Wasserman's five rules that created his Hollywood empire 1. Tend to the client 2. Dress appropriately 3. Never divulge information about the firm 4. Do your homework 5. Never leave the office without returning every single phone call Michael Ovitz's founding principle for CAA1. All founding members get even equity 2. Get big fast 3. Share all clients and serve them as a group; no turf wars and no silos 4. Tell the truth 5. Create opportunities instead of waiting around for them Belief comes before ability: “I believe that nobody wants to be treated just as they are. People want to feel encouraged to become more than what they are, to become the best versions of themselves.” CAA poached talent by assumption: The firm behaved as if the talent was already their client, then made their dreams happen before ever even signing them Do the job before you are hiredKnow your customer's problem and present yourself as the solutionRealize that your “good times” are now: Thirty years from now, you will probably regret how you spent your time Channeling Charlie Munger: Your goal in life should be to build a seamless web of deserved trust; work with the people in this web, and do life with these people – it is all about the people Read the full notes @ podcastnotes.orgAt the core of Michael Ovitz's success is his relentless work ethic and commitment to mastering his craft. 50 years ago he founded Creative Artists Agency. CAA starts out as just five young guys in a run down office and eventually becomes the most powerful agency in the world. Ovitz's autobiography explains how that happened. As the Wall Street Journal wrote: When the history of Hollywood is written, few people will have played a larger role than Michael Ovitz. This episode is what I learned from reading (for the 2nd time!) Who Is Michael Ovitz?: The Rise and Fall (and Rise) of the Most Powerful Man in Hollywood by Michael Ovitz. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Vesto: All of your company's financial accounts in one view. Connect and control all of your business bank accounts from one dashboard. Go to Vesto and schedule a demo with the founder Ben. Tell him David sent you. ----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. ----Join my free email newsletter to get my top 10 highlights from every book ----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. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
The Tucker Carlson Show Key Takeaways “Gold, on some level, is a hedge – an insurance policy – against the existing system, as it has been allowed to evolve over the last 50 years.” – Luke Gromen Gold serves as an anchor to reality: Establishment powers do not want gold to come back into the system because it is easier to run fiscal deficits without it Throughout history, the first thing that autocrats tend to do once they seize power is remove the convertibility of their currency to goldYou are a free person as long as you can convert your currency into gold, but when you can no longer do that, your vote does not matter “Permit me to issue and control the money of a nation, and I care not who makes its laws.” – Mayer Amschel Rothschild Throughout history, the first thing that autocrats tend to do once they seize power is remove the convertibility of their currency to gold “It has become clear that the status quo dollar system has become an acute national security threat to the United States on two fronts.” – Luke GromenThe US cannot make weapons fast enough to credibly defend itself or its allies The debt has gotten so high that it has become its threat to national securityDollar Dutch Disease has weakened America and hurt the everyday American The US borrows money from China to build weapons (which require Chinese components) to face China – this is not a great geopolitical strategy considering China is the biggest adversary of the United States The debt creates the problem: Introducing deflationary forces, such as an AI productivity boom or an energy breakthrough, to a debt-based system can cause it to implode JD Vance has specifically said that the dollar's reserve currency status may not be a good thing for the United States“At some point, Bitcoin might compete with [gold], but that's far down the road.” – Luke Gromen Read the full notes @ podcastnotes.orgMore gold is being shipped quietly between countries right now than at any time in history. Why? Because we're getting a new global financial system. Luke Gromen explains. (00:00) Gold Is Still Critical to Our Economy (08:17) The Government's Secrecy Around Gold Ownership (13:17) Why Can't Fort Knox Be Audited? (21:47) The Intel Community's Propaganda Around Gold Owners (28:41) Is Warren Buffet a Political Pawn for the Banks? (34:00) The Biggest Global Players in the Gold Industry Paid partnerships with: ExpressVPN: Get 4 extra months free at https://ExpressVPN.com/Tucker iTrust Capital: Get $100 funding bonus at https://www.iTrustCapital.com/Tucker PureTalk: Get an iPhone 14 or Samsung Galaxy for $0 https://PureTalk.com/Tucker Learn more about your ad choices. Visit megaphone.fm/adchoices
Invest Like the Best Key Takeaways Identify and invest in outliers: The best venture capital investors recognize outlier potential when they see it and have a curiosity to discover what makes the outlier tick and WHY they tick that way On being a VC or a founder: Inherent builders should be in the field – they should be building companies, not coaching other builders Debug problems as far upstream as possible; take the rocks out of the river so the water can flow as fast as possible Black magic is reserved for founders; every other area of the company-building process is mere mortal stuff Stewardship over ownership: The goal is to leave your creation in a better place for the next generation It is okay to choose the parallel tracked path of banking or consulting, and it is okay to take risks, but it is not okay to do one and spend your life thinking you did the other The most common mistake that investors make is doing something contrary to the best interests of the founder Traits of the best investment memos:(1) Clearly state the one or two strongest reasons to invest(2) Two to three pages max(3) Present clear data from the opposing side(4) argue why the investment should happen despite the opposing dataSuccess starts at the foundational layer: Great culture is downstream of getting the foundation right and fostering internal belief, which is all a firm needs to be successful Performance is the cultural component that matters mostRead the full notes @ podcastnotes.orgWelcome to this classic episode. Classics are my favorite episodes from the past 10 years published once a month. These are N of one conversations with N of one people. There's nobody I've met quite like Doug Leone. Doug led one of the world's most successful venture firms, Sequoia, for over 25 years after he was given responsibility for the firm by its founder, Don Valentine, in 1996. Alongside Mike Moritz, the pair managed its expansion from a single $150m early-stage fund into an $85 billion global powerhouse. It was a privilege to sit down with Doug and learn from him. We talk about his tough start at Sequoia, get into the technicalities of great go-to-market motions, and survey his advice for other investors in the industry. A key theme that will stick with me from this conversation is Doug's insistence on keeping things simple and clear. I listen to this at least once a year. I hope you enjoy it. Subscribe to Colossus Review. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Passthrough. Passthrough streamlines subscription documents, KYC, and AML compliance, so you can focus on running your fund, not managing paperwork. New SEC Update 31 CFR hits investment firms in under a year, and managers are getting ready for it now. If you think basic OFAC screening is enough, think again. You'll need continuous monitoring of your investors and all their beneficial owners across multiple watchlists, plus a comprehensive anti money laundering program. Passthrough has already processed 50,000 LPs and built the complete solution. Don't risk SEC deficiency letters, fines, or regulatory enforcement. Visit passthrough.com to get compliant now. ----- Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes. Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Show Notes [00:00:00] Welcome to Invest Like the Best [00:05:21] What Don Valentine's heart was like [00:08:30] The most productive and unproductive parts of Don's toughness [00:12:55] Why it's so important to understand someone's core motivations [00:18:44] The most formative experiences he had prior to becoming an investor that impacted his investing the most [00:22:37] What venture looks like to him today relative to his prior career [00:28:37] Whether or not he'd go into venture today if he was in his late 20s [00:34:10] Helping companies circumnavigate mediocre positioning [00:39:15] How interacting with companies early on has changed over the ears [00:43:12] Whether or not new entrants into venture should build firms with enterprise value [00:48:14] Sussing out the killer gene in somebody [00:51:04] How successful people can instill the lessons learned from hardship into their children [00:54:30] Whether or not competitive advantage can be architected ahead of time when building a company [00:57:21] The early 2000s clawback at Sequoia and what navigating that period was like [01:01:06] What he's learned about picking the right LPs and partnering with them [01:04:18] Making sure that performance is on everyone's minds all the time [01:09:59] The kindest thing anyone has ever done for him
The Lunar Society Key Takeaways Check out the episode pageRead the full notes @ podcastnotes.orgSatya Nadella on:- Why he doesn't believe in AGI but does believe in 10% economic growth,- Microsoft's new topological qubit breakthrough and gaming world models,- Whether Office commoditizes LLMs or the other way around,Watch on Youtube; listen on Apple Podcasts or Spotify.SponsorsScale partners with major AI labs like Meta, Google Deepmind, and OpenAI. Through Scale's Data Foundry, labs get access to high-quality data to fuel post-training, including advanced reasoning capabilities. If you're an AI researcher or engineer, learn about how Scale's Data Foundry and research lab, SEAL, can help you go beyond the current frontier at scale.com/dwarkeshLinear's project management tools have become the default choice for product teams at companies like Ramp, CashApp, OpenAI, and Scale. These teams use Linear so they can stay close to their products and move fast. If you're curious why so many companies are making the switch, visit linear.app/dwarkeshTo sponsor a future episode, visit dwarkeshpatel.com/p/advertise.Timestamps(0:00:00) - Intro(0:05:04) - AI won't be winner-take-all(0:15:18) - World economy growing by 10%(0:21:39) - Decreasing price of intelligence(0:30:19) - Quantum breakthrough(0:42:51) - How Muse will change gaming(0:49:51) - Legal barriers to AI(0:55:46) - Getting AGI safety right(1:04:59) - 34 years at Microsoft(1:10:46) - Does Satya Nadella believe in AGI? Get full access to Dwarkesh Podcast at www.dwarkesh.com/subscribe
LaBossiere Podcast Key Takeaways World-class founders are the scarce resource: Every investor is chasing after the 5-10-15 founders a year that have a non-zero probability of rearranging the planet to their willYou either have a superpower, or you don't; you need to be in the top 1% on some dimension or you have no chance of creating the next Nvidia Identify a crack in the world where things are volatile or in transition, and build solutions that address those opportunistic gaps How to attract talent: Embrace and foster strong cultural principles that can differentiate your company from other companies – and be sure that those principles are authentic The framework for understanding when to promote comes down to whether an employee's growth rate is outpacing the growth of the company Knowing how much capital to raise: Identify the two or three inflection points that will make the startup successful, then work backward from those and calculate the capital needed to reach each of them The biggest mistake that founders make is that they don't do reference checks on investors Most MBA-esque wisdom is bad: People default to hiring because they want to manage people; new teams get created but nothing new gets done – this creates complacency and makes it challenging to tell the good employees from the bad onesThe job of the CEO is to clarify and simplify the company's initiatives, then strategically allocate resources against those goals – all done in the interest of ensuring a consistent voice It is the CEO's responsibility to disseminate as much high-signal information as possible so that everybody has the same context; doing this increases the probability that more people will naturally arrive at the correct decision Making the decision and deciding that you are going to be successful is more important than the option value of waiting Focus on inputs not outputs: People within your organization won't take sufficient risks if the perception is that results are the only thing that matters Challenge yourself: “You either want to write something worth reading, or do something worth writing about.” – Ben Franklin Read the full notes @ podcastnotes.orgKeith Rabois is a Managing Partner at Khosla Ventures and the CEO of OpenStore, which acquires small direct-to-consumer businesses. Keith co-founded Opendoor and led the first institutional investments in DoorDash and Affirm. He has early stakes in YouTube, Palantir, Lyft, Airbnb, Eventbrite, and Wish, and also led investments in Faire, Ramp, Trade Republic, and Stripe. He's regarded as one of the greatest early stage investors.Keith began his career in the industry as a senior executive at PayPal and subsequently served in influential roles at LinkedIn and as chief operating officer of Square. As a board member, Keith guided Yelp and Xoom from inception to IPO, and served on the board of Reddit from 2012-2018.0:00 - Intro1:56 - Great Founders and the Bottleneck to Innovation4:35 - Vertical Integration6:24 - The Hollywood Model of Startups7:41 - The “Why Now?” in Company-Building9:50 - Multi-Product Companies10:58 - Iteration and Pivots12:52 - Picking Co-Founders14:51 - Identifying Mispriced Talent17:20 - Attracting Talent20:57 - Assessing Talent24:02 - Doing References25:56 - Closing Hires28:28 - Thinking 6 Months Ahead31:36 - How Long Should You Interview For?33:28 - Creating a Monopoly on Talent35:44 - Raising Capital37:40 - Screening Investors41:21 - Building a Board44:11 - Triaging and Identifying Problems47:59 - Writing vs Editing and Consistent Voice49:34 - Creating Transparency50:50 - Barrels and Ammunition54:55 - Task-Relevant Maturity56:40 - On Delegating59:21 - Measuring Inputs vs Outputs1:02:58 - Underrated Metrics1:05:22 - What Should More People Be Thinking About?