American businessman and tycoon
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How did one of America's richest families manage to lose billions of dollars in just 3 generations? Gerald Green of Mattson Financial Services dives into the story of Cornelius Vanderbilt on this week's episode, and discusses ways you can help educate your family so that they learn ways to preserve and protect the legacy you hope to leave. Find more planning resources for your family at www.MattsonFinancial.com.
When Shakespeare asked, "What's in a name?", he clearly wasn't talking about financial accounts, because the way we title our accounts has great bearing over who controls them, the limits of that control, and their tax treatment. Nathan and Steve take us through some scenarios that highlight the importance of being intentional about the types of accounts you open, and how you choose to tile them. Also, on our MoneyTalk Moment in Financial History Nathan and Daniel tell the infamous story of one of the first major US railroads, the Eerie, and the war that ensued between Cornelius Vanderbilt, Daniel Drew, James Fisk and Jay Gould. Hosts: Nathan Beauvais CFP®, CIMA® & Steven Beauvais; Special Guest: Daniel Sowa; Air Date: 5/14/2025; Original Air Date: 1/8/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
What an episode!!! In Arthur's Corner, he discusses fudge, chocolate chip cookies and 12 Angry Men. We also discuss the neurodivergent line that seems to run through our family. Then we settle down and begin to discuss this week's subject, Victoria California Woodhull. This woman, born to a devout spiritualist and a con man that got them ran out of their Homer Ohio home. She's married to a 'doctor' at 15 and works travelling medicine shows and spiritualist spectacles which eventually leads her to meet Cornelius Vanderbilt. She becomes a powerful figure, who believes in women's suffrage, the Free Love Movement (which in the 1860's is very different from the similarly named movement of the 1960's). She starts a newspaper and so much more in this about to be a movie starring Brie Larson episode of the Family Plot Podcast!Become a supporter of this podcast: https://www.spreaker.com/podcast/family-plot--4670465/support.
Big Jim or Diamond Jim – those were names for the legendary Gilded Age robber baron Jim Fisk. He caused the gold crisis collapse after fooling President Ulysses Grant and stole millions from Cornelius Vanderbilt. A lover's triangle, at age 37, would lead to his untimely end
Cornelius Vanderbilt was a force in 19th century America, playing a pivotal role in transitioning the U.S. economy from rural mercantilism to industrial corporate capitalism. Vanderbilt didn't just compete—he dominated; and didn't just dominate one industry—he conquered three: ferries, steamships, and railroads. He understood that power lay in controlling infrastructure and not just operating within it. His cutthroat tactics were both feared and admired but his vision for what the economy could be was undeniable. This is the story of how Vanderbilt turned calculated aggression into an art form, how he endured more pain than his competitors, and how he built systems that outlived him. Learn the mindset, strategies, and brutal lessons behind his dominance; the game of business hasn't changed as much as you think. (02:20) Prologue (05:12) PART 1 - The Dutch Inheritance (08:21) The Young Boatman (12:30) Capitalizing on War (15:27) General Merchant of the Sea (19:29) PART 2 - The Meeting That Changed Everything (21:48) The Steamboat Wars (24:12) The Anti-Monopoly Crusader (27:06) The Rise of the Commodore (32:08) The Monopolist's Nemesis (34:58) PART 3 - Sole Control (37:28) Prometheus (40:18) Star of the West (44:06) Europe and Betrayal (48:15) The Independent Line (50:13) PART 4 - The Commodore's Return (51:55) Gray Eyed Man of Destiny (53:36) The Conspiracy (54:41) Finishing Walker (55:54) Conquering the Seas (58:13) America's Wealthiest Citizen (60:47) PART 5 - Vanderbilt's Railroad Dominance (01:01:59) The Path to Confrontation (01:03:37) The Breaking Point (01:04:43) The Power to Punish (01:06:32) The Collapse (01:07:50) The Silent Conquest (01:08:57) The Consolidation (01:10:54) The Legacy (01:12:15) FINAL PART - Vanderbilt: The Architect of Modern American Business (01:14:19) Reflections This episode is for informational purposes only and most of the research came from reading The First Tycoon by T.J. Stiles and Tycoon's War by Stephen Dando-Collins. Check out highlights from these books in our repository, and find key lessons from Cornelius Vanderbilt here — fs.blog/knowledge-project-podcast/outliers-cornelius-vanderbilt 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
On today's Labor Radio Podcast Daily: Stopping worker abuse, on Speaking of Work; NYC takes on Fifth Avenue Coach; Cornelius Vanderbilt quote @wpfwdc @AFLCIO #1u #UnionStrong #LaborRadioPod Proud founding member of the Labor Radio Podcast Network
Between the 1850s and 1930s, before playhouses for children reached the mainstream, they were often fully functional cottages designed by well-known architects for British royalty, American industrialists, and Hollywood stars. Recognizing the playhouse in this era as a stage for the purposeful performance of upper-class identity, Abigail A. Van Slyck illuminates their role as carefully planned architectural manifestations of adult concerns, from Queen Victoria and Prince Albert's Swiss Cottage (1853) to the children's cottage on the grounds of Cornelius Vanderbilt's Newport mansion (1886) to the glass-block playhouse given to Shirley Temple in 1936, and many more in between. Here, Van Slyck is joined in conversation with Annmarie Adams, Marta Gutman, and Kate Solomonson.Abigail A. Van Slyck is the Dayton Professor Emeritus of Art History at Connecticut College and author of Playhouses and Privilege: The Architecture of Elite Childhood; A Manufactured Wilderness: Summer Camps and the Shaping of American Youth, 1890-1960; and Free to All: Carnegie Libraries and American Culture, 1890-1920.Annmarie Adams is an architectural historian at McGill University in Montreal. Adams is author of Medicine by Design: The Architect and the Modern Hospital, 1893-1943; Architecture in the Family Way: Doctors, Houses, and Women, 1870-1900; and coauthor of Designing Women: Gender and the Architectural Profession.Marta Gutman is dean and professor in the Bernard and Anne Spitzer School of Architecture at the City College of New York. Gutman is author of A City for Children: Women, Architecture, and the Charitable Landscapes of Oakland, 1850-1950.Kate Solomonson is architectural historian and professor emeritus in the Department of Architecture at the University of Minnesota. Solomonson is coeditor, with Van Slyck, of the Architecture, Landscape, and American Culture series with University of Minnesota Press.EPISODE REFERENCES:-Hanover estate: Osborne (Swiss Cottage), Isle of Wight, UK. For Queen Victoria and Prince Albert.-Vanderbilt estate: The Breakers, Newport, Rhode Island. For Cornelius Vanderbilt II and Alice Claypoole Gwynne Vanderbilt.-Dow estate: Foxhollow Farm (Fallsburgh), Rhinebeck, New York. For Tracy Dows and Alice Olin Dows.-Whitney estate: Greentree, Manhasset, Long Island. For Payne Whitney and Helen Hay Whitney.-Dodge estate: Meadow Brook Hall (since 1929, Knole Cottage; before 1929, Hilltop Lodge), Rochester, Michigan. For Alfred Wilson and Matilda Dodge Wilson.-Ford estate: Gaukler Pointe, Grosse Pointe, Michigan. For Edsel Ford and Eleanor Clay Ford.Designing the Creative Child / Amy F. OgataPastoral Capitalism / Louise MozingoThe research of Barbara Penner (Bartlett School of Architecture, London)Praise for the book:"Beautifully written, impeccably researched, and profusely illustrated, Playhouses and Privilege is a must-read for anyone interested in the study of children, architecture, privilege, and play."—Marta Gutman, dean, Spitzer School of Architecture, CUNY"Small spaces can host big stories. In charting the spatial components of social prestige, Abigail A. Van Slyck delineates shifting conceptions of childhood, modulating gender politics, charged interactions between parents and children, and popular representations of youthful celebrity. This is a riveting read—focused and yet expansive, innovative, and insightful at every turn."—Simon Sleight, coeditor of A Cultural History of Youth in the Modern AgePlayhouses and Privilege: The Architecture of Elite Childhood by Abigail A. Van Slyck is available from University of Minnesota Press.
With billionaires like Elon Musk and Jeff Bezos circling in President Trump's orbit, we are witnessing a new age of extremely wealthy business owners seeking to expand their influence on the government. The robbers barons of the late 19th century—JP Morgan, Cornelius Vanderbilt, John D. Rockefeller and Andrew Carnegie—had nothing on these fellows. As we moved into the mid-20th century, the wealthy wanted to hide their wealth—as if they were like everyone else. When Fortune magazine first published its list of the wealthiest Americans in the 1970s, the people listed weren't happy about it. They wanted that information kept private. Things are different now. Society, it seems, is on a new wave of revering people of great wealth, and wealth is seen as an indicator of wisdom and intellect, and men like Musk and Vivek Ramaswamy act as if they know everything, even when it comes to running the federal government. But the difference between running a business and running the government is huge. With a business, there is one goal: profitability. With government comes the obligation of doing the greatest good for the greatest number of people. It's rare to see a business person who can make that kind of transition. Men like Musk and tech moguls Peter Thiel and Marc Andreessen exhibit a libertarian ideology. They seem to think they don't owe anything to anybody, never mind how they may have made their money or who helped them get their start. And they don't want to be hampered in any way in how they do business, and so they resent government interference.These titans of business are poised to exert their influence in ways we haven't seen before. Just take a look at who was seated closest to President Trump during his second inauguration. Listen to our conversation with Steve Conn, professor of history at Miami University.
Founders ✓ Claim Key Takeaways Hetty Green's business maxims: 1. Seek out every piece of information on an investment before deciding on it2. Watch your pennies and the dollars will take care of themselves 3. Generally, in business, do not close a bargain until you have reflected on it overnight4. Before making a deal, if anyone is foolish enough to offer you the full amount, take it!5. Buy when everyone wants to sell and sell when everyone wants to buy A defining character trait of Hetty: She lived by her own rules and did not care what other people thought; by casting off the societal norms of her time, she freed herself to do as she pleased and to live a life on her terms The secret to all successful businesses and a simple strategy for wealth generation: Buy when prices are low and nobody wants them, and keep them until they go up and people become crazy to get them Hetty was self-sovereign, very frugal, and very paranoid: She did not tell other people what she owned or how much she was making, and commonly bought property and stocks under fictitious namesGreed does not drive the world, envy does; cure yourself of envy because envy is a weakness Some things on Hetty Green's list of things to NOT do in business:1. Do not cheat in business or you will find yourself in an early grave2. Do not fail to be fair in all things and do not kick a man when he is down 3. Do not envy your neighbors 4. Do not forget to be charitable and never falsify When it comes to living your life, you will inevitably have to neglect some things; if you try to do too much, you will never get anywhere Read the full notes @ podcastnotes.orgHetty Green bailed out New York City. Her decisions on what interest rates to charge moved markets and were reported in major newspapers. She was a one woman bank and the single biggest individual financier in the world. She took no partners and ran her own money. She built a financial empire of stocks, bonds, railroads, and real estate. She battled the great men of her day and kept a gun on her desk. She did all of this alone. Defiantly independent and ferociously intelligent she built a vast, liquid fortune at a time when women couldn't even vote. She used her intelligence to increase her wealth, her independence to live as she wished, and her strength to battle anyone who stood in her way.This episode is what I learned from reading Hetty: The Genius and Madness of America's First Female Tycoon by Charles Slack and The Richest Woman in America: Hetty Green in the Gilded Age by Janet Wallach. ----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----“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
Founders ✓ Claim Key Takeaways Hetty Green's business maxims: 1. Seek out every piece of information on an investment before deciding on it2. Watch your pennies and the dollars will take care of themselves 3. Generally, in business, do not close a bargain until you have reflected on it overnight4. Before making a deal, if anyone is foolish enough to offer you the full amount, take it!5. Buy when everyone wants to sell and sell when everyone wants to buy A defining character trait of Hetty: She lived by her own rules and did not care what other people thought; by casting off the societal norms of her time, she freed herself to do as she pleased and to live a life on her terms The secret to all successful businesses and a simple strategy for wealth generation: Buy when prices are low and nobody wants them, and keep them until they go up and people become crazy to get them Hetty was self-sovereign, very frugal, and very paranoid: She did not tell other people what she owned or how much she was making, and commonly bought property and stocks under fictitious namesGreed does not drive the world, envy does; cure yourself of envy because envy is a weakness Some things on Hetty Green's list of things to NOT do in business:1. Do not cheat in business or you will find yourself in an early grave2. Do not fail to be fair in all things and do not kick a man when he is down 3. Do not envy your neighbors 4. Do not forget to be charitable and never falsify When it comes to living your life, you will inevitably have to neglect some things; if you try to do too much, you will never get anywhere Read the full notes @ podcastnotes.orgHetty Green bailed out New York City. Her decisions on what interest rates to charge moved markets and were reported in major newspapers. She was a one woman bank and the single biggest individual financier in the world. She took no partners and ran her own money. She built a financial empire of stocks, bonds, railroads, and real estate. She battled the great men of her day and kept a gun on her desk. She did all of this alone. Defiantly independent and ferociously intelligent she built a vast, liquid fortune at a time when women couldn't even vote. She used her intelligence to increase her wealth, her independence to live as she wished, and her strength to battle anyone who stood in her way.This episode is what I learned from reading Hetty: The Genius and Madness of America's First Female Tycoon by Charles Slack and The Richest Woman in America: Hetty Green in the Gilded Age by Janet Wallach. ----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----“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
Hetty Green bailed out New York City. Her decisions on what interest rates to charge moved markets and were reported in major newspapers. She was a one woman bank and the single biggest individual financier in the world. She took no partners and ran her own money. She built a financial empire of stocks, bonds, railroads, and real estate. She battled the great men of her day and kept a gun on her desk. She did all of this alone. Defiantly independent and ferociously intelligent she built a vast, liquid fortune at a time when women couldn't even vote. She used her intelligence to increase her wealth, her independence to live as she wished, and her strength to battle anyone who stood in her way.This episode is what I learned from reading Hetty: The Genius and Madness of America's First Female Tycoon by Charles Slack and The Richest Woman in America: Hetty Green in the Gilded Age by Janet Wallach. ----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----“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
In this episode, we explore the fascinating legacy of the Vanderbilt family and their iconic Biltmore Estate in Asheville, North Carolina. Discover how Cornelius Vanderbilt, "The Commodore," built a fortune through steamboats and railroads during the Industrial Revolution, leaving a lasting impact on American infrastructure, culture, and philanthropy. Together we'll take a tour of the Biltmore Estate, the largest privately-owned home in the U.S., featuring 250 rooms, stunning gardens designed by Central Park's Frederick Law Olmsted, and modern innovations like indoor plumbing and electricity. You'll learn polite and casual ways to describe wealth in English, such as "affluent" or "filthy-stinkin' rich," while gaining insights into the Gilded Age—a term coined by Mark Twain to describe the era's wealth and inequality. What next? Plan a visit to experience the Blue Ridge Mountains, farm-to-table dining, and the country's most-visited winery, especially during the magical holiday season. Access the full transcript, vocabulary list, and more by signing up to Season 4 Premium Content. //IMPORTANT LINKS// Get all Premium Content for Season 4: https://bit.ly/3rF36k4 All Premium Content for Seasons 1, 2 and 3: https://bit.ly/44822TQ Learn more about your ad choices. Visit megaphone.fm/adchoices
On this episode of the Prophecy News Podcast, on a Podcast a few weeks back, we said this “Elon Musk is Cornelius Vanderbilt, Andrew Carnegie, Henry Flagler, Jay Gould, John D. Rockefeller, and J.P. Morgan all rolled into a single person.” That has aged really well, but let's add a tweak. None of those men had the Oval Office. I am not talking about access to the Oval, or influence in the Oval , I am talking about having the Oval Office and Musk has it in his pocket. In 2016, Donald Trump did not need help to become president, he was a force of nature all on his own. But this time around is different, this time Trump's way was prepared for him, purchased for him by Elon Musk, it's a ‘bicycle built for two' as the old song goes. On the one hand, America could be entering into a time of unprecedented peace and prosperity, but with all the turbulence raging across the globe that's probably not likely. And yes, the markets will react favorably, but the US is under a literal mountain of debt. Hello, crypto? On the other hand, Elon Musk could actually be setting the stage for the New World Order to finally take control of it all. Just remember one thing, the biblical Mark of the Beast is a piece of technology implanted inside your body that controls all buying and all selling. Human implantable technology and finance is the beating heart of Elon Musk's wheelhouse. Did you know that the name ‘Elon' is a Bible name and it means ‘mighty oak'? One thing is for sure, the ride has begun and it's gonna be wild. On this episode of the Prophecy News Podcast, we tell you all about it plus updates on the drones and the latest from Israel.
This week Cameron and Anthony explore the contrasting histories of two of America's most iconic families—the Rockefellers and the Vanderbilts. They trace the journeys of John D. Rockefeller and Cornelius Vanderbilt, discussing their achievements, business strategies, and the eventual fate of their fortunes. The hosts provide actionable advice for contemporary listeners on how to build and preserve generational wealth, sharing key insights inspired by Rand Nelson Nash's Infinite Banking Concept. They also highlight the importance of strategic planning, family communication, establishing trusts, and educating the next generation to ensure continued financial prosperity. Resources: Join the Infinite Wealth Study Group: https://www.facebook.com/share/g/qC3sAWg6PhHYpRAs/ Schedule your Discovery Call with Anthony or Cameron here http://bit.ly/iwc15YT Check our online course at www.InfiniteWealthCourse.com Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC
[SEGMENT 1-1] Legion of Super Heroes 1 - Gov't waste Pentagon can't pass an audit for the 7th time… The White House: We're unable to track $6.2 billion dollars sent to Ukraine. California: We're unable to track $24 billion dollars spent to combat homelessness. The Pentagon: We're unable to track $2.3 trillion dollars of military spending. The U.S. Treasury: We're unable to track $5 trillion dollars of pandemic spending. The IRS: We know you sent $601.57 to your friend, you better report it or you're going to jail. There's a lot of material for USPS still losing money. Let's get DOGE involved https://www.zerohedge.com/political/usps-incurs-95-billion-loss-despite-raising-stamp-prices [X] SB – Senator Rand Paul on government waste [X] SB – Elon Musk on number of agencies [X] SB – Elon Musk on paying $10B in taxes [SEGMENT 1-2] Legion of Super Heroes 2 "When Titans Rise: Musk, Trump, and the Left's War on Excellence" Donald Trump recently attended a SpaceX launch, and one can only imagine his thoughts. Here's a man who has built iconic skyscrapers, reshaped the hospitality industry, and even conquered the political world—but even Trump must feel a twinge of humility watching Elon Musk. Because Musk isn't just playing in the big leagues; he built the league. Elon Musk embodies the spirit of historical greats like Leonardo da Vinci, Nikola Tesla, Thomas Edison, Cornelius Vanderbilt, and Andrew Carnegie—all rolled into one. His work spans disciplines so varied and so transformative that our own inventions seem pedestrian in comparison. He's not just pushing boundaries; he's redefining them. NASA's Replacement, for Pennies on the Dollar Take NASA, for example. Musk didn't just partner with the space agency—he replaced it. While NASA used to launch a rocket every four years and never reused them, Musk's SpaceX launched three rockets in 20 hours and landed them back on Earth for reuse. That's like going from driving a horse-drawn carriage to piloting a fleet of Teslas. But Musk's efficiency isn't just about rockets. NASA, now begging for Musk's support to rid the agency of DEI nonsense, once embodied government bloat. Billions in funding produced sporadic launches and little innovation. Meanwhile, Musk achieved spaceflight milestones at a fraction of the cost, proving that private industry and brilliance beat bureaucratic inertia every time. [SEGMENT 1-3] Legion of Super Heroes 3 The Left's Galling Mockery And how does the Left respond? By mocking Musk. During the SpaceX launch, CNN's Jake Tapper and his panel of “experts” derided Musk's team as the Legion of Doom. The same Musk who has brought reusable rockets, revolutionary electric vehicles, and scalable solar power to reality. Imagine being a Jake Tapper—a career talking head—and ridiculing the Da Vinci of our time. [X] SB – CNN on Legion of Doom Names the people Sen Haggerty Ted Cruz, Ronnie Jackson They fashion themselves… Legion of Doom 2nd-rate DC But when you look at this theme… More swagger Doing the Trump dance. Feeling cool about themselves… Elon Musk should get clearances… Outsourced to Space X Did you hear that tortured attempt to downplay Musk His big hammer, and he wants to break things Disruptive idea of technology, for its own sake…what's the impact on people? [SEGMENT 1-4] Legion of Super Heroes 4 [X] SB – Dems mad that Trump had Elon vs who they had The dynamic duo. How many are there? Trump-Vance Trump-Musk Trump-Kennedy And so on It vexes the Left that they can't compete with us. Even more laughably, Bill Kristol suggested Musk might exploit government secrets for personal gain. As if Musk, who reengineered NASA's entire operation, is sneaking into federal offices to learn how to overpay contractors. The irony? While Musk innovates, government agencies pay $400,000 for a coffee pot. The likes of Kristol and his ilk should be begging Musk to audit the government, not throwing stones. Titans for the Greater Good Now, enter Trump, a titan in his own right. Say what you will about his brash style, but Trump's political accomplishments—record low unemployment, trade deals, a booming economy—are undeniable. And Musk admires him, not because Trump is "right-wing," but because Trump, like Musk, understands results. These two giants have come together, not as partisan warriors, but as men driven by legacy and purpose. Musk isn't siding with the Right; he's siding with righteousness—and right now, that happens to align politically. Imagine Musk Running Government Now picture a government where Musk's intellect permeates every department. The Department of Energy would revolutionize power grids. The Department of Transportation might actually improve infrastructure. And the USPS, which just reported a $9.5 billion loss despite raising stamp prices, would finally get its act together. Better yet, who would you choose to run your organization: Elon Musk or Barack Obama? One revolutionized multiple industries and practically privatized space travel. The other…gave you Healthcare.gov. The Left's War on Excellence The Left's ridicule of Musk and Trump is not just misguided—it's a war on excellence. They mock because they don't understand. They deride because they cannot compete. And while they busy themselves with identity politics and DEI initiatives, titans like Musk and Trump focus on what really matters: building legacies that make America—and humanity—better. So the next time a talking head sneers at Musk or Trump, ask yourself this: Would you rather have someone who can launch rockets and reshape industries, or someone who complains about pronouns and blames systemic racism for $400,000 coffee pots? Exactly. https://www.zerohedge.com/political/usps-incurs-95-billion-loss-despite-raising-stamp-pricesBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-kevin-jackson-show--2896352/support.
On this episode of the Prophecy News Podcast, we are looking at the most powerful and influential billionaire of the modern era, Elon Musk. He is a man who dreamed huge dreams as a child, and as an adult is watching all of them come to pass. Elon Musk is a man who loves rockets, so he built a company, SpaceX, which is more powerful than NASA. He is a man is on the verge of perfecting the fully-autonomous vehicle with Tesla. He is a man who created Neuralink to implant microchips into people's brains. He is a man who has literally surrounded the Earth with his Starlink internet satellites in Outer Space. He is a man who owns the largest news outlet in the world, X. He is a man who just helped to install Donald Trump as the 47th president of the United States, and will serve in the proposed Department of Government Efficiency, also called DOGE. He is Cornelius Vanderbilt, Andrew Carnegie, Henry Flagler, Jay Gould, John D. Rockefeller, and J.P. Morgan all rolled into a single person. On this episode of the Prophecy News Podcast, we are not shouting ‘the Martians are coming!!', we are asking if they are already here.
Les Vanderbilt : Dynastie d'or et déclin dans le New York de l'âge d'orDescription : Dans cet épisode spécial de Raconte-moi New York, nous plongeons dans l'histoire fascinante de l'une des familles les plus influentes d'Amérique : les Vanderbilt. Des origines modestes de Cornelius Vanderbilt, surnommé "The Commodore", à l'ascension vertigineuse de sa fortune colossale dans les chemins de fer, en passant par la vie de ses descendants qui ont marqué la haute société de New York, cet épisode explore en profondeur l'impact durable des Vanderbilt sur la ville et la culture américaine.Nous découvrirons comment leur richesse a façonné l'urbanisme de New York, notamment avec la construction de la célèbre Grand Central Terminal. L'épisode mettra en lumière les propriétés emblématiques des Vanderbilt, telles que The Breakers et Biltmore Estate, véritables monuments de l'architecture de l'âge d'or.Mais derrière l'opulence se cachent également des scandales familiaux, des batailles juridiques et des chutes tragiques. Nous reviendrons sur les polémiques entourant le mariage arrangé de Consuelo Vanderbilt, la bataille pour la garde de Gloria Vanderbilt, ainsi que la perte de la fortune familiale.Enfin, cet épisode analysera l'héritage culturel des Vanderbilt, de leur impact sur les arts à leur influence sur la mode avec Gloria Vanderbilt et sa ligne de jeans, sans oublier leur représentation dans la littérature, les séries et les documentaires.Rejoignez-nous pour une exploration de deux heures au cœur du New York des Vanderbilt, entre grandeur et décadence.-------Retrouvez tous les liens des réseaux sociaux et des plateformes du podcast ici : https://linktr.ee/racontemoinewyorkMettez vos notes, commentez et partagez autour de vous pour soutenir le podcast.Hébergé par Ausha. Visitez ausha.co/politique-de-confidentialite pour plus d'informations.
Host Lauren visits the Preservation Society of Newport County and interviews Chief Curator Leslie B. Jones about the mansion known as The Elms. If These Walls Could Talk is a series of podcast episodes where we learn about the historic house museums of Rhode Island. Overdueing It is a project funded by the Rhode Island Office of Library and Information Services and is produced by library staff around the state. We are proud to be a resident partner of the Rhode Island Center for the Book. The views, thoughts, and opinions expressed are the speakers' own and do not represent those of the Overdueing It podcast, its sponsor organizations, or any participants' place of employment. The content of Overdueing It episodes are the property of the individual creators, with permission for Overdueing it to share the content on their podcast feed in perpetuity. Any of the content from the Overdueing podcast cannot be reproduced without express written permission. Our logo was designed by Sarah Bouvier and our theme music is by Neura-Flow. Books Passing Strange: A Gilded Age Tale of Love and Deception Across the Color Line by Martha A. Sandweiss The Adventures of Huckleberry Finn by Mark Twain James by Percival Everett The First Tycoon: The Epic Life of Cornelius Vanderbilt by T.J. Stiles Media American Fiction (2024) The Gilded Age: Season One The Gilded Age: Season Two – Streaming on HBO Max, coming to libraries on DVD in fall 2024 Downton Abbey: Season Four (Episode 9) Other @overdueingitpod on instagram overdueingit.org More info about The Elms
Host Lauren visits the Preservation Society of Newport County and interviews Chief Curator Leslie B. Jones about the mansion known as The Elms. If These Walls Could Talk is a series of podcast episodes where we learn about the historic house museums of Rhode Island. Overdueing It is a project funded by the Rhode Island Office of Library and Information Services and is produced by library staff around the state. We are proud to be a resident partner of the Rhode Island Center for the Book. The views, thoughts, and opinions expressed are the speakers' own and do not represent those of the Overdueing It podcast, its sponsor organizations, or any participants' place of employment. The content of Overdueing It episodes are the property of the individual creators, with permission for Overdueing it to share the content on their podcast feed in perpetuity. Any of the content from the Overdueing podcast cannot be reproduced without express written permission. Our logo was designed by Sarah Bouvier and our theme music is by Neura-Flow. Books Passing Strange: A Gilded Age Tale of Love and Deception Across the Color Line by Martha A. Sandweiss The Adventures of Huckleberry Finn by Mark Twain James by Percival Everett The First Tycoon: The Epic Life of Cornelius Vanderbilt by T.J. Stiles Media American Fiction (2024) The Gilded Age: Season One The Gilded Age: Season Two – Streaming on HBO Max, coming to libraries on DVD in fall 2024 Downton Abbey: Season Four (Episode 9) Other @overdueingitpod on instagram overdueingit.org More info about The Elms
Compos-Pons is the Cornelius Vanderbilt chair of fine arts and identifies just as much as a teacher as an artist. She grew up in a small village in the Cuban state of Matanzas, and the community, topography, and vibrant Cuban artistic community she experienced in her youth continues to inform her work. In 2023, Campos-Pons was named a MacArthur Fellow in recognition of how her art "forges connections between her own experiences as a Cuban woman and global issues of displacement and inequality."We're speaking with her today about her upbringing, the heart of her love for teaching and her belief in art's ability to heal individuals and society. You can see her work at Frist's Ingram Gallery Sept. 27, 2024 through Jan. 5, 2025 in a exhibition called Behold.This episode was co-produced by Magnolia McKay and Katherine Ceicys.Today's guest:María Magdalena Compos-PonsLearn more Learn more about Compos-Pons' place in the MacAurthur Foundation's Class of 2023. View Compos-Pons' work at the Gallery Wendi Norris, Galerie Barbara Thumm, and Galleria Giampaolo Abbondio.
Founders ✓ Claim Key Takeaways Check out the episode pageRead the full notes @ podcastnotes.orgWhat I learned from reading How To Be Rich by J. Paul Getty. ----Build relationships with other founders, investors, and executives at a Founders Event----"Learning from history is a form of leverage." — Charlie Munger. Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. You can also ask SAGE (the Founders Notes AI assistant) any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----(2:00) My father was a self-made man who had known extreme poverty in his youth and had a practically limitless capacity for hard work.(6:00) I acted as my own geologist, legal advisor, drilling superintendent, explosives expert, roughneck and roustabout.(8:00) Michael Jordan: The Life by Roland Lazenby. (Founders #212) (12:00) Control as much of your business as possible. You don't want to have to worry about what is going on in the other guy's shop.(20:00) Optimism is a moral duty. Pessimism aborts opportunity.(21:00) I studied the lives of great men and women. And I found that the men and women who got to the top were those who did the jobs they had in hand, with everything they had of energy and enthusiasm and hard work.(22:00) 98 percent of our attention was devoted to the task at hand. We are believers in Carlyle's Prescription, that the job a man is to do is the job at hand and not see what lies dimly in the distance. — Charlie Munger(27:00) Entrepreneurs want to create their own security.(34:00) Example is the best means to instruct or inspire others.(37:00) Long orders, which require much time to prepare, to read and to understand are the enemies of speed. Napoleon could issue orders of few sentences which clearly expressed his intentions and required little time to issue and to understand.(38:00) A Few Lessons for Investors and Managers From Warren Buffett by Warren Buffett and Peter Bevelin. (Founders #202) (41:00) Two principles he repeats:Be where the work is happening.Get rid of bureaucracy.(43:00) Years ago, businessmen automatically kept administrative overhead to an absolute minimum. The present day trend is in exactly the opposite direction. The modern business mania is to build greater and ever greater paper shuffling empires.(44:00) Les Schwab Pride In Performance: Keep It Going!by Les Schwab (Founders #330) (46:00) The primary function of management is to obtain results through people.(50:00) the truly great leader views reverses, calmly and coolly. He is fully aware that they are bound to occur occasionally and he refuses to be unnerved by them.(51:00) There is always something wrong everywhere.(51:00) Don't interrupt the compounding. It's all about the long term. You should keep a fortress of cash, reinvest in your business, and use debt sparingly. Doing so will help you survive to reap the long-term benefits of your business.(54:00) You'll go much farther if you stop trying to look and act and think like everyone else.(55:00) The line that divides majority opinion from mass hysteria is often so fine as to be virtually invisible.----“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
What I learned from reading How To Be Rich by J. Paul Getty. ----Build relationships with other founders, investors, and executives at a Founders Event----"Learning from history is a form of leverage." — Charlie Munger. Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. You can also ask SAGE (the Founders Notes AI assistant) any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----(2:00) My father was a self-made man who had known extreme poverty in his youth and had a practically limitless capacity for hard work.(6:00) I acted as my own geologist, legal advisor, drilling superintendent, explosives expert, roughneck and roustabout.(8:00) Michael Jordan: The Life by Roland Lazenby. (Founders #212) (12:00) Control as much of your business as possible. You don't want to have to worry about what is going on in the other guy's shop.(20:00) Optimism is a moral duty. Pessimism aborts opportunity.(21:00) I studied the lives of great men and women. And I found that the men and women who got to the top were those who did the jobs they had in hand, with everything they had of energy and enthusiasm and hard work.(22:00) 98 percent of our attention was devoted to the task at hand. We are believers in Carlyle's Prescription, that the job a man is to do is the job at hand and not see what lies dimly in the distance. — Charlie Munger(27:00) Entrepreneurs want to create their own security.(34:00) Example is the best means to instruct or inspire others.(37:00) Long orders, which require much time to prepare, to read and to understand are the enemies of speed. Napoleon could issue orders of few sentences which clearly expressed his intentions and required little time to issue and to understand.(38:00) A Few Lessons for Investors and Managers From Warren Buffett by Warren Buffett and Peter Bevelin. (Founders #202) (41:00) Two principles he repeats:Be where the work is happening.Get rid of bureaucracy.(43:00) Years ago, businessmen automatically kept administrative overhead to an absolute minimum. The present day trend is in exactly the opposite direction. The modern business mania is to build greater and ever greater paper shuffling empires.(44:00) Les Schwab Pride In Performance: Keep It Going!by Les Schwab (Founders #330) (46:00) The primary function of management is to obtain results through people.(50:00) the truly great leader views reverses, calmly and coolly. He is fully aware that they are bound to occur occasionally and he refuses to be unnerved by them.(51:00) There is always something wrong everywhere.(51:00) Don't interrupt the compounding. It's all about the long term. You should keep a fortress of cash, reinvest in your business, and use debt sparingly. Doing so will help you survive to reap the long-term benefits of your business.(54:00) You'll go much farther if you stop trying to look and act and think like everyone else.(55:00) The line that divides majority opinion from mass hysteria is often so fine as to be virtually invisible.----“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
What I learned from reading As I See it: The Autobiography of J. Paul Getty by J. Paul Getty. ----Build relationships with other founders, investors, and executives at a Founders Event----"Learning from history is a form of leverage." — Charlie Munger. Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. You can also ask SAGE (the Founders Notes AI assistant) any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----(2:00) Vice President Nelson Rockefeller did me the honor of saying that my entrepreneurial success in the oil business put me on a par with his grandfather, John D. Rockefeller Sr. My comment was that comparing me to John D. Sr. was like comparing a sparrow to an eagle. My words were not inspired by modesty, but by facts.(8:00) On his dad sending him to military school: The strict, regimented environment was good for me.(20:00) Entrepreneurs are people whose mind and energies are constantly being used at peak capacity.(28:00) Advice for fellow entrepreneurs: Don't be like William Randolph Hearst. Reinvest in your business. Keep a fortress of cash. Use debt sparingly.(30:00) The great entrepreneurs I know have these traits:-Devoted their minds and energy to building productive enterprises (over the long term)-They concentrated on expanding-They concentrated on making their companies more efficient -They reinvest heavily in to their business (which can help efficiency and expansion )-Always personally involved in their business-They know their business down to the ground-They have an innate capacity to think on a large scale(34:00) Five wives can't all be wrong. As one of them told me after our divorce: "You're a great friend, Paul—but as a husband, you're impossible.”(36:00) My business interests created problems [in my marriages]. I was drilling several wells and it was by no means uncommon for me to stay on the sites overnight or even for two days or more.(38:00) A hatred of failure has always been part of my nature and one of the more pronounced motivating forces in my life. Once I have committed myself to any undertaking, a powerful inner drive cuts in and I become intent on seeing it through to a satisfactory conclusion.(38:00) My own nature is such that I am able to concentrate on whatever is before me and am not easily distracted from it.(42:00) There are times when certain cards sit unclaimed in the common pile, when certain properties become available that will never be available again. A good businessman feels these moments like a fall in the barometric pressure. A great businessman is dumb enough to act on them even when he cannot afford to. — The Fish That Ate the Whale: The Life and Times of America's Banana King by Rich Cohen. (Founders #255)(47:00) [On transforming his company for the Saudi Arabia deal] The list of things to be done was awesome, but those things were done.(53:00) Churchill to his son: Your idle and lazy life is very offensive to me. You appear to be leading a perfectly useless existence.(54:00) My father's influence and example where the principle forces that formed my nature and character.----“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 ✓ Claim Key Takeaways Check out the episode pageRead the full notes @ podcastnotes.orgWhat I learned from reading about Hans Wilsdorf and the founding of Rolex.----Build relationships at the Founders Conference on July 29th-July 31st in Scotts Valley, California----"Learning from history is a form of leverage." — Charlie Munger. Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand.Get access to Founders Notes here. You can search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----(0:01) At the age of twelve I was an orphan.(1:00) My uncles made me become self-reliant very early in life. Looking back, I believe that it is to this, that much of my success is due.(9:00) The idea of wearing a watch on one's wrist was thought to be contrary to the conception of masculinity.(10:00) Prior to World War 1 wristwatches for men did not exist.(11:00) Business is problems. The best companies are just effective problem solving machines.(12:00) My personal opinion is that pocket watches will almost completely disappear and that wrist watches will replace them definitively! I am not mistaken in this opinion and you will see that I am right." —Hans Wilsdorf, 1914(14:00) The highest order bit is belief: I had very early realized the manifold possibilities of the wristlet watch and, feeling sure that they would materialize in time, I resolutely went on my way. Rolex was thus able to get several years ahead of other watch manufacturers who persisted in clinging to the pocket watch as their chief product.(16:00) Clearly, the companies for whom the economics of twenty-four-hour news would have made the most sense were the Big Three broadcasters. They already had most of what was needed— studios, bureaus, reporters, anchors almost everything but a belief in cable. — Ted Turner's Autobiography (Founders #327)(20:00) Business Breakdowns #65 Rolex: Timeless Excellence(27:00) Rolex was effectively the first watch brand to have real marketing dollars put behind a watch. Rolex did this in a concentrated way and they've continued to do it in a way that is simply just unmatched by others in their industry.(28:00) It's tempting during recession to cut back on consumer advertising. At the start of each of the last three recessions, the growth of spending on such advertising had slowed by an average of 27 percent. But consumer studies of those recessions had showed that companies that didn't cut their ads had, in the recovery, captured the most market share. So we didn't cut our ad budget. In fact, we raised it to gain brand recognition, which continued advertising sustains. — Four Seasons: The Story of a Business Philosophy by Isadore Sharp. (Founders #184)(32:00) Social proof is a form of leverage. — Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger. (Founders #329)(34:00) What really matters is Hans understood the opportunity better than anybody else, and invested heavily in developing the technology to bring his ideas to fruition.(35:00) On keeping the main thing the main thing for decades: In developing and extending my business, I have always had certain aims in mind, a course from which I never deviated.(41:00) Rolex wanted to only be associated with the best. They ran an ad with the headline: Men who guide the destinies of the world, where Rolex watches.(43:00) Opportunity creates more opportunites. The Oyster unlocked the opportunity for the Perpetual.(44:00) The easier you make something for the customer, the larger the market gets: “My vision was to create the first fully packaged computer. We were no longer aiming for the handful of hobbyists who liked to assemble their own computers, who knew how to buy transformers and keyboards. For every one of them there were a thousand people who would want the machine to be ready to run.” — Steve Jobs(48:00) More sources:Rolex Jubilee: Vade Mecum by Hans WilsdorfRolex Magazine: The Hans Wilsdorf YearsHodinkee: Inside the Manufacture. Going Where Few Have Gone Before -- Inside All Four Rolex Manufacturing Facilities Vintage Watchstraps Blog: Hans Wilsdorf and RolexBusiness Breakdowns #65 Rolex: Timeless ExcellenceLuxury Strategy: Break the Rules of Marketing to Build Luxury Brands by Jean Noel Kapferer and Vincent Bastien ----“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 ✓ Claim Key Takeaways Check out the episode pageRead the full notes @ podcastnotes.orgWhat I learned from reading about Hans Wilsdorf and the founding of Rolex.----Build relationships at the Founders Conference on July 29th-July 31st in Scotts Valley, California----"Learning from history is a form of leverage." — Charlie Munger. Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand.Get access to Founders Notes here. You can search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----(0:01) At the age of twelve I was an orphan.(1:00) My uncles made me become self-reliant very early in life. Looking back, I believe that it is to this, that much of my success is due.(9:00) The idea of wearing a watch on one's wrist was thought to be contrary to the conception of masculinity.(10:00) Prior to World War 1 wristwatches for men did not exist.(11:00) Business is problems. The best companies are just effective problem solving machines.(12:00) My personal opinion is that pocket watches will almost completely disappear and that wrist watches will replace them definitively! I am not mistaken in this opinion and you will see that I am right." —Hans Wilsdorf, 1914(14:00) The highest order bit is belief: I had very early realized the manifold possibilities of the wristlet watch and, feeling sure that they would materialize in time, I resolutely went on my way. Rolex was thus able to get several years ahead of other watch manufacturers who persisted in clinging to the pocket watch as their chief product.(16:00) Clearly, the companies for whom the economics of twenty-four-hour news would have made the most sense were the Big Three broadcasters. They already had most of what was needed— studios, bureaus, reporters, anchors almost everything but a belief in cable. — Ted Turner's Autobiography (Founders #327)(20:00) Business Breakdowns #65 Rolex: Timeless Excellence(27:00) Rolex was effectively the first watch brand to have real marketing dollars put behind a watch. Rolex did this in a concentrated way and they've continued to do it in a way that is simply just unmatched by others in their industry.(28:00) It's tempting during recession to cut back on consumer advertising. At the start of each of the last three recessions, the growth of spending on such advertising had slowed by an average of 27 percent. But consumer studies of those recessions had showed that companies that didn't cut their ads had, in the recovery, captured the most market share. So we didn't cut our ad budget. In fact, we raised it to gain brand recognition, which continued advertising sustains. — Four Seasons: The Story of a Business Philosophy by Isadore Sharp. (Founders #184)(32:00) Social proof is a form of leverage. — Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger. (Founders #329)(34:00) What really matters is Hans understood the opportunity better than anybody else, and invested heavily in developing the technology to bring his ideas to fruition.(35:00) On keeping the main thing the main thing for decades: In developing and extending my business, I have always had certain aims in mind, a course from which I never deviated.(41:00) Rolex wanted to only be associated with the best. They ran an ad with the headline: Men who guide the destinies of the world, where Rolex watches.(43:00) Opportunity creates more opportunites. The Oyster unlocked the opportunity for the Perpetual.(44:00) The easier you make something for the customer, the larger the market gets: “My vision was to create the first fully packaged computer. We were no longer aiming for the handful of hobbyists who liked to assemble their own computers, who knew how to buy transformers and keyboards. For every one of them there were a thousand people who would want the machine to be ready to run.” — Steve Jobs(48:00) More sources:Rolex Jubilee: Vade Mecum by Hans WilsdorfRolex Magazine: The Hans Wilsdorf YearsHodinkee: Inside the Manufacture. Going Where Few Have Gone Before -- Inside All Four Rolex Manufacturing Facilities Vintage Watchstraps Blog: Hans Wilsdorf and RolexBusiness Breakdowns #65 Rolex: Timeless ExcellenceLuxury Strategy: Break the Rules of Marketing to Build Luxury Brands by Jean Noel Kapferer and Vincent Bastien ----“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
What I learned from reading about Hans Wilsdorf and the founding of Rolex.----Build relationships at the Founders Conference on July 29th-July 31st in Scotts Valley, California----"Learning from history is a form of leverage." — Charlie Munger. Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand.Get access to Founders Notes here. You can search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----(0:01) At the age of twelve I was an orphan.(1:00) My uncles made me become self-reliant very early in life. Looking back, I believe that it is to this, that much of my success is due.(9:00) The idea of wearing a watch on one's wrist was thought to be contrary to the conception of masculinity.(10:00) Prior to World War 1 wristwatches for men did not exist.(11:00) Business is problems. The best companies are just effective problem solving machines.(12:00) My personal opinion is that pocket watches will almost completely disappear and that wrist watches will replace them definitively! I am not mistaken in this opinion and you will see that I am right." —Hans Wilsdorf, 1914(14:00) The highest order bit is belief: I had very early realized the manifold possibilities of the wristlet watch and, feeling sure that they would materialize in time, I resolutely went on my way. Rolex was thus able to get several years ahead of other watch manufacturers who persisted in clinging to the pocket watch as their chief product.(16:00) Clearly, the companies for whom the economics of twenty-four-hour news would have made the most sense were the Big Three broadcasters. They already had most of what was needed— studios, bureaus, reporters, anchors almost everything but a belief in cable. — Ted Turner's Autobiography (Founders #327)(20:00) Business Breakdowns #65 Rolex: Timeless Excellence(27:00) Rolex was effectively the first watch brand to have real marketing dollars put behind a watch. Rolex did this in a concentrated way and they've continued to do it in a way that is simply just unmatched by others in their industry.(28:00) It's tempting during recession to cut back on consumer advertising. At the start of each of the last three recessions, the growth of spending on such advertising had slowed by an average of 27 percent. But consumer studies of those recessions had showed that companies that didn't cut their ads had, in the recovery, captured the most market share. So we didn't cut our ad budget. In fact, we raised it to gain brand recognition, which continued advertising sustains. — Four Seasons: The Story of a Business Philosophy by Isadore Sharp. (Founders #184)(32:00) Social proof is a form of leverage. — Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger. (Founders #329)(34:00) What really matters is Hans understood the opportunity better than anybody else, and invested heavily in developing the technology to bring his ideas to fruition.(35:00) On keeping the main thing the main thing for decades: In developing and extending my business, I have always had certain aims in mind, a course from which I never deviated.(41:00) Rolex wanted to only be associated with the best. They ran an ad with the headline: Men who guide the destinies of the world, where Rolex watches.(43:00) Opportunity creates more opportunites. The Oyster unlocked the opportunity for the Perpetual.(44:00) The easier you make something for the customer, the larger the market gets: “My vision was to create the first fully packaged computer. We were no longer aiming for the handful of hobbyists who liked to assemble their own computers, who knew how to buy transformers and keyboards. For every one of them there were a thousand people who would want the machine to be ready to run.” — Steve Jobs(48:00) More sources:Rolex Jubilee: Vade Mecum by Hans WilsdorfRolex Magazine: The Hans Wilsdorf Years Hodinkee: Inside the Manufacture. Going Where Few Have Gone Before -- Inside All Four Rolex Manufacturing Facilities Vintage Watchstraps Blog: Hans Wilsdorf and Rolex Business Breakdowns #65 Rolex: Timeless Excellence Luxury Strategy: Break the Rules of Marketing to Build Luxury Brands by Jean Noel Kapferer and Vincent Bastien ----“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 ✓ Claim Key Takeaways Business is sales; you are always sellingA person can have the greatest idea in the world, but if that person cannot convince enough other people about it, then it doesn't matter Sell the improvement that your products make and sell the better future that your customers will receive if they use your product Advertising must promise a benefit to the customer Repetition is persuasiveEntrepreneurs must learn how to tell a story about their business because that is how money works; money flows as a function of the storyStart your presentation with the problem; do not start with the product Most business communicators lose sight of the fact that their audiences want to be informed and entertained Identify what you are most passionate about, and then share that belief with your audience Read the full notes @ podcastnotes.orgWhat I learned from reading The Presentation Secrets of Steve Jobs: How to Be Insanely Great in Front of Any Audience by Carmine Gallo ----Come build relationships at the Founders Conference on July 29th-July 31st in Scotts Valley, California----Learning from history is a form of leverage. —Charlie Munger. Founders Notes gives you the super power to learn from history's greatest entrepreneurs on demand.Get access to the World's Most Valuable Notebook for FoundersYou can search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----If you want me to speak at your company go here. ----(1:00) You've got to start with the customer experience and work back toward the technology—not the other way around. —Steve Jobs in 1997(6:00) Why should I care = What does this do for me?(6:00) The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals by Frank Partnoy. (Founders #348)(7:00) Easy to understand, easy to spread.(8:00) An American Saga: Juan Trippe and His Pan Am Empire by Robert Daley (8:00) The Fish That Ate the Whale: The Life and Times of America's Banana King by Rich Cohen. (Founders #255)(9:00) love how crystal clear this value proposition is. Instead of 3 days driving on dangerous road, it's 1.5 hours by air. That's a 48x improvement in time savings. This allows the company to work so much faster. The best B2B companies save businesses time.(10:00) Great Advertising Founders Episodes:Albert Lasker (Founders #206)Claude Hopkins (Founders #170 and #207)David Ogilvy (Founders #82, 89, 169, 189, 306, 343) (12:00) Advertising which promises no benefit to the consumer does not sell, yet the majority of campaigns contain no promise whatever. (That is the most important sentence in this book. Read it again.) — Ogilvy on Advertising(13:00) Repeat, repeat, repeat. Human nature has a flaw. We forget that we forget.(19:00) Start with the problem. Do not start talking about your product before you describe the problem your product solves.(23:00) The Invisible Billionaire: Daniel Ludwig by Jerry Shields. (Founders #292)(27:00) Being so well known has advantages of scale—what you might call an informational advantage.Psychologists use the term social proof. We are all influenced-subconsciously and, to some extent, consciously-by what we see others do and approve.Therefore, if everybody's buying something, we think it's better.We don't like to be the one guy who's out of step.The social proof phenomenon, which comes right out of psychology, gives huge advantages to scale.— the NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger (Founders #329)(29:00) Marketing is theatre.(32:00) Belief is irresistible. — Shoe Dog: A Memoir by the Creator of Nike by Phil Knight. (Founders #186)(35:00) I think one of the things that really separates us from the high primates is that we're tool builders. I read a study that measured the efficiency of locomotion for various species on the planet. The condor used the least energy to move a kilometer. And, humans came in with a rather unimpressive showing, about a third of the way down the list. It was not too proud a showing for the crown of creation. So, that didn't look so good. But, then somebody at Scientific American had the insight to test the efficiency of locomotion for a man on a bicycle. And, a man on a bicycle, a human on a bicycle, blew the condor away, completely off the top of the charts.And that's what a computer is to me. What a computer is to me is it's the most remarkable tool that we've ever come up with, it's the equivalent of a bicycle for our minds.----If you want me to speak at your company go 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
Founders ✓ Claim Key Takeaways Business is sales; you are always sellingA person can have the greatest idea in the world, but if that person cannot convince enough other people about it, then it doesn't matter Sell the improvement that your products make and sell the better future that your customers will receive if they use your product Advertising must promise a benefit to the customer Repetition is persuasiveEntrepreneurs must learn how to tell a story about their business because that is how money works; money flows as a function of the storyStart your presentation with the problem; do not start with the product Most business communicators lose sight of the fact that their audiences want to be informed and entertained Identify what you are most passionate about, and then share that belief with your audience Read the full notes @ podcastnotes.orgWhat I learned from reading The Presentation Secrets of Steve Jobs: How to Be Insanely Great in Front of Any Audience by Carmine Gallo ----Come build relationships at the Founders Conference on July 29th-July 31st in Scotts Valley, California----Learning from history is a form of leverage. —Charlie Munger. Founders Notes gives you the super power to learn from history's greatest entrepreneurs on demand.Get access to the World's Most Valuable Notebook for FoundersYou can search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----If you want me to speak at your company go here. ----(1:00) You've got to start with the customer experience and work back toward the technology—not the other way around. —Steve Jobs in 1997(6:00) Why should I care = What does this do for me?(6:00) The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals by Frank Partnoy. (Founders #348)(7:00) Easy to understand, easy to spread.(8:00) An American Saga: Juan Trippe and His Pan Am Empire by Robert Daley (8:00) The Fish That Ate the Whale: The Life and Times of America's Banana King by Rich Cohen. (Founders #255)(9:00) love how crystal clear this value proposition is. Instead of 3 days driving on dangerous road, it's 1.5 hours by air. That's a 48x improvement in time savings. This allows the company to work so much faster. The best B2B companies save businesses time.(10:00) Great Advertising Founders Episodes:Albert Lasker (Founders #206)Claude Hopkins (Founders #170 and #207)David Ogilvy (Founders #82, 89, 169, 189, 306, 343) (12:00) Advertising which promises no benefit to the consumer does not sell, yet the majority of campaigns contain no promise whatever. (That is the most important sentence in this book. Read it again.) — Ogilvy on Advertising(13:00) Repeat, repeat, repeat. Human nature has a flaw. We forget that we forget.(19:00) Start with the problem. Do not start talking about your product before you describe the problem your product solves.(23:00) The Invisible Billionaire: Daniel Ludwig by Jerry Shields. (Founders #292)(27:00) Being so well known has advantages of scale—what you might call an informational advantage.Psychologists use the term social proof. We are all influenced-subconsciously and, to some extent, consciously-by what we see others do and approve.Therefore, if everybody's buying something, we think it's better.We don't like to be the one guy who's out of step.The social proof phenomenon, which comes right out of psychology, gives huge advantages to scale.— the NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger (Founders #329)(29:00) Marketing is theatre.(32:00) Belief is irresistible. — Shoe Dog: A Memoir by the Creator of Nike by Phil Knight. (Founders #186)(35:00) I think one of the things that really separates us from the high primates is that we're tool builders. I read a study that measured the efficiency of locomotion for various species on the planet. The condor used the least energy to move a kilometer. And, humans came in with a rather unimpressive showing, about a third of the way down the list. It was not too proud a showing for the crown of creation. So, that didn't look so good. But, then somebody at Scientific American had the insight to test the efficiency of locomotion for a man on a bicycle. And, a man on a bicycle, a human on a bicycle, blew the condor away, completely off the top of the charts.And that's what a computer is to me. What a computer is to me is it's the most remarkable tool that we've ever come up with, it's the equivalent of a bicycle for our minds.----If you want me to speak at your company go 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
What I learned from reading The Presentation Secrets of Steve Jobs: How to Be Insanely Great in Front of Any Audience by Carmine Gallo ----Come build relationships at the Founders Conference on July 29th-July 31st in Scotts Valley, California----Learning from history is a form of leverage. —Charlie Munger. Founders Notes gives you the super power to learn from history's greatest entrepreneurs on demand.Get access to the World's Most Valuable Notebook for FoundersYou can search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----If you want me to speak at your company go here. ----(1:00) You've got to start with the customer experience and work back toward the technology—not the other way around. —Steve Jobs in 1997(6:00) Why should I care = What does this do for me?(6:00) The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals by Frank Partnoy. (Founders #348)(7:00) Easy to understand, easy to spread.(8:00) An American Saga: Juan Trippe and His Pan Am Empire by Robert Daley (8:00) The Fish That Ate the Whale: The Life and Times of America's Banana King by Rich Cohen. (Founders #255)(9:00) love how crystal clear this value proposition is. Instead of 3 days driving on dangerous road, it's 1.5 hours by air. That's a 48x improvement in time savings. This allows the company to work so much faster. The best B2B companies save businesses time.(10:00) Great Advertising Founders Episodes:Albert Lasker (Founders #206)Claude Hopkins (Founders #170 and #207)David Ogilvy (Founders #82, 89, 169, 189, 306, 343) (12:00) Advertising which promises no benefit to the consumer does not sell, yet the majority of campaigns contain no promise whatever. (That is the most important sentence in this book. Read it again.) — Ogilvy on Advertising (13:00) Repeat, repeat, repeat. Human nature has a flaw. We forget that we forget.(19:00) Start with the problem. Do not start talking about your product before you describe the problem your product solves.(23:00) The Invisible Billionaire: Daniel Ludwig by Jerry Shields. (Founders #292)(27:00) Being so well known has advantages of scale—what you might call an informational advantage.Psychologists use the term social proof. We are all influenced-subconsciously and, to some extent, consciously-by what we see others do and approve.Therefore, if everybody's buying something, we think it's better.We don't like to be the one guy who's out of step.The social proof phenomenon, which comes right out of psychology, gives huge advantages to scale.— the NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger (Founders #329)(29:00) Marketing is theatre.(32:00) Belief is irresistible. — Shoe Dog: A Memoir by the Creator of Nike by Phil Knight. (Founders #186)(35:00) I think one of the things that really separates us from the high primates is that we're tool builders. I read a study that measured the efficiency of locomotion for various species on the planet. The condor used the least energy to move a kilometer. And, humans came in with a rather unimpressive showing, about a third of the way down the list. It was not too proud a showing for the crown of creation. So, that didn't look so good. But, then somebody at Scientific American had the insight to test the efficiency of locomotion for a man on a bicycle. And, a man on a bicycle, a human on a bicycle, blew the condor away, completely off the top of the charts.And that's what a computer is to me. What a computer is to me is it's the most remarkable tool that we've ever come up with, it's the equivalent of a bicycle for our minds.----If you want me to speak at your company go 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
What I learned from reading Insanely Simple: The Obsession That Drives Apple's Success by Ken Segall. ----Come build relationships at the Founders Conference on July 29th-July 31st in Scotts Valley, California ----Learning from history is a form of leverage. —Charlie Munger. Founders Notes gives you the super power to learn from history's greatest entrepreneurs on demand.Get access to the World's Most Valuable Notebook for FoundersYou can search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----(1:30) Steve wanted Apple to make a product that was simply amazing and amazingly simple.(3:00) If you don't zero in on your bureaucracy every so often, you will naturally build in layers. You never set out to add bureaucracy. You just get it. Period. Without even knowing it. So you always have to be looking to eliminate it. — Sam Walton: Made In America by Sam Walton. (Founders #234)(5:00) Steve was always easy to understand. He would either approve a demo, or he would request to see something different next time. Whenever Steve reviewed a demo, he would say, often with highly detailed specificity, what he wanted to happen next. — Creative Selection: Inside Apple's Design Process During the Golden Age of Steve Jobs by Ken Kocienda. (Founders #281)(7:00) Watch this video. Andy Miller tells GREAT Steve Jobs stories. (10:00) Many are familiar with the re-emergence of Apple. They may not be as familiar with the fact that it has few, if any parallels.When did a founder ever return to the company from which he had been rudely rejected to engineer a turnaround as complete and spectacular as Apple's? While turnarounds are difficult in any circumstances they are doubly difficult in a technology company. It is not too much of a stretch to say that Steve founded Apple not once but twice. And the second time he was alone. — Return to the Little Kingdom: Steve Jobs and the Creation of Appleby Michael Moritz.(15:00) If the ultimate decision maker is involved every step of the way the quality of the work increases.(20:00) "You asked the question, What was your process like?' I kind of laugh because process is an organized way of doing things. I have to remind you, during the 'Walt Period' of designing Disneyland, we didn't have processes. We just did the work. Processes came later. All of these things had never been done before. Walt had gathered up all these people who had never designed a theme park, a Disneyland. So we're in the same boat at one time, and we figure out what to do and how to do it on the fly as we go along with it and not even discuss plans, timing, or anything. We just worked and Walt just walked around and had suggestions." — Disney's Land: Walt Disney and the Invention of the Amusement Park That Changed the World by Richard Snow. (Founders #347)(23:00) The further you get away from 1 the more complexity you invite in.(25:00) Your goal: A single idea expressed clearly.(26:00) Jony Ive: Steve was the most focused person I've met in my life(28:00) Editing your thinking is an act of service.----Learning from history is a form of leverage. —Charlie Munger. Founders Notes gives you the super power to learn from history's greatest entrepreneurs on demand.Get access to the World's Most Valuable Notebook for FoundersYou can search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?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
Founders ✓ Claim Key Takeaways Check out the episode pageRead the full notes @ podcastnotes.orgWhat I learned from reading Driven From Within by Michael Jordan and Mark Vancil. ----Relationships run the world: Build relationships at Founders events----Get access to the World's Most Valuable Notebook for FoundersYou can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----Episode Outline: Players who practice hard when no one is paying attention play well when everyone is watching.It's hard, but it's fair. I live by those words. To this day, I don't enjoy working. I enjoy playing, and figuring out how to connect playing with business. To me, that's my niche. People talk about my work ethic as a player, but they don't understand. What appeared to be hard work to others was simply playing for me.You have to be uncompromised in your level of commitment to whatever you are doing, or it can disappear as fast as it appeared. Look around, just about any person or entity achieving at a high level has the same focus. The morning after Tiger Woods rallied to beat Phil Mickelson at the Ford Championship in 2005, he was in the gym by 6:30 to work out. No lights. No cameras. No glitz or glamour. Uncompromised. I knew going against the grain was just part of the process.The mind will play tricks on you. The mind was telling you that you couldn't go any further. The mind was telling you how much it hurt. The mind was telling you these things to keep you from reaching your goal. But you have to see past that, turn it all off if you are going to get where you want to be.I would wake up in the morning thinking: How am I going to attack today?I'm not so dominant that I can't listen to creative ideas coming from other people. Successful people listen. Those who don't listen, don't survive long.In all honesty, I don't know what's ahead. If you ask me what I'm going to do in five years, I can't tell you. This moment? Now that's a different story. I know what I'm doing moment to moment, but I have no idea what's ahead. I'm so connected to this moment that I don't make assumptions about what might come next, because I don't want to lose touch with the present. Once you make assumptions about something that might happen, or might not happen, you start limiting the potential outcomes. ----Get access to the World's Most Valuable Notebook for FoundersYou can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?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
Founders ✓ Claim Key Takeaways Check out the episode pageRead the full notes @ podcastnotes.orgWhat I learned from reading Driven From Within by Michael Jordan and Mark Vancil. ----Relationships run the world: Build relationships at Founders events----Get access to the World's Most Valuable Notebook for FoundersYou can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----Episode Outline: Players who practice hard when no one is paying attention play well when everyone is watching.It's hard, but it's fair. I live by those words. To this day, I don't enjoy working. I enjoy playing, and figuring out how to connect playing with business. To me, that's my niche. People talk about my work ethic as a player, but they don't understand. What appeared to be hard work to others was simply playing for me.You have to be uncompromised in your level of commitment to whatever you are doing, or it can disappear as fast as it appeared. Look around, just about any person or entity achieving at a high level has the same focus. The morning after Tiger Woods rallied to beat Phil Mickelson at the Ford Championship in 2005, he was in the gym by 6:30 to work out. No lights. No cameras. No glitz or glamour. Uncompromised. I knew going against the grain was just part of the process.The mind will play tricks on you. The mind was telling you that you couldn't go any further. The mind was telling you how much it hurt. The mind was telling you these things to keep you from reaching your goal. But you have to see past that, turn it all off if you are going to get where you want to be.I would wake up in the morning thinking: How am I going to attack today?I'm not so dominant that I can't listen to creative ideas coming from other people. Successful people listen. Those who don't listen, don't survive long.In all honesty, I don't know what's ahead. If you ask me what I'm going to do in five years, I can't tell you. This moment? Now that's a different story. I know what I'm doing moment to moment, but I have no idea what's ahead. I'm so connected to this moment that I don't make assumptions about what might come next, because I don't want to lose touch with the present. Once you make assumptions about something that might happen, or might not happen, you start limiting the potential outcomes. ----Get access to the World's Most Valuable Notebook for FoundersYou can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?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
What I learned from reading Driven From Within by Michael Jordan and Mark Vancil. ----Relationships run the world: Build relationships at Founders events----Get access to the World's Most Valuable Notebook for FoundersYou can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----Episode Outline: Players who practice hard when no one is paying attention play well when everyone is watching.It's hard, but it's fair. I live by those words. To this day, I don't enjoy working. I enjoy playing, and figuring out how to connect playing with business. To me, that's my niche. People talk about my work ethic as a player, but they don't understand. What appeared to be hard work to others was simply playing for me.You have to be uncompromised in your level of commitment to whatever you are doing, or it can disappear as fast as it appeared. Look around, just about any person or entity achieving at a high level has the same focus. The morning after Tiger Woods rallied to beat Phil Mickelson at the Ford Championship in 2005, he was in the gym by 6:30 to work out. No lights. No cameras. No glitz or glamour. Uncompromised. I knew going against the grain was just part of the process.The mind will play tricks on you. The mind was telling you that you couldn't go any further. The mind was telling you how much it hurt. The mind was telling you these things to keep you from reaching your goal. But you have to see past that, turn it all off if you are going to get where you want to be.I would wake up in the morning thinking: How am I going to attack today?I'm not so dominant that I can't listen to creative ideas coming from other people. Successful people listen. Those who don't listen, don't survive long.In all honesty, I don't know what's ahead. If you ask me what I'm going to do in five years, I can't tell you. This moment? Now that's a different story. I know what I'm doing moment to moment, but I have no idea what's ahead. I'm so connected to this moment that I don't make assumptions about what might come next, because I don't want to lose touch with the present. Once you make assumptions about something that might happen, or might not happen, you start limiting the potential outcomes. ----Get access to the World's Most Valuable Notebook for FoundersYou can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?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
What I learned from reading The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals by Frank Partnoy. ----Relationships run the world: Build relationships at Founders events----Get access to the World's Most Valuable Notebook for FoundersYou can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----Make yourself easy to interface with: Scribe helps entrepreneurs, consultants, executives, and other professionals publish a book about their specific knowledge. Mention you heard about Scribe on Founders and they will give you these discounts: Guided Author - $1,000 offScribe Professional - $1,000 offScribe Elite Ghostwriting - $3,000 off----Vesto helps you see all of your company's financial accounts in one view. Connect and control all of your business accounts from one dashboard. Tell Ben (the founder of Vesto) that David sent you and you will get $500 off. ----Join my personal email list if you want me to email you my top ten highlights from every book I read----Buy a super comfortable Founders sweatshirt (or hat) here ! ----Episode Outline: 1. Ivar was charismatic. His charisma was not natural. Ivar spent hours every day just preparing to talk. He practiced his lines for hours like great actors do.2. Ivar's first pitch was simple, easy to understand, and legitimate: By investing in Swedish Match, Americans could earn profits from a monopoly abroad.3. Joseph Duveen noticed that Europe had plenty of art and America had plenty of money, and his entire astonishing career was the product of that simple observation. — The Days of Duveen by S.N. Behrman. (Founders #339 Joseph Duveen: Robber Baron Art Dealer)4. Ivar studied Rockefeller and Carnegie: Ivar's plan was to limit competition and increase profits by securing a monopoly on match sales throughout the world, mimicking the nineteenth century oil, sugar, and steel trusts.5. When investors were manic, they would purchase just about anything. But during the panic that inevitably followed mania, the opposite was true. No one would buy.6. The problem isn't getting rich. The problem is staying sane. — Charlie Munger7. Ivar understood human psychology. If something is limited and hard to get to that increases desire. This works for both products (like a Ferrari) and people (celebrities). Ivar was becoming a business celebrity.8. I've never believed in risking what my family and friends have and need in order to pursue what they don't have and don't need. — The Essays of Warren Buffett by Warren Buffett and Lawrence Cunningham. (Founders #227)9. Great ideas are simple ideas: Ivar hooked Durant with his simple, brilliant idea: government loans in exchange for match monopolies.10. Ivar wrote to his parents, "I cannot believe that I am intended to spend my life making money for second-rate people. I shall bring American methods back home. Wait and see - I shall do great things. I'm bursting with ideas. I am only wondering which to carry out first."11. Ivar's network of companies was far too complex for anyone to understand: It was like a corporate family tree from hell, and it extended into obscurity.12. “Victory in our industry is spelled survival.” —Steve Jobs13. Ivar's financial statements were sloppy and incomplete. Yet investors nevertheless clamored to buy his securities.14. As more cash flowed in the questions went away. This is why Ponzi like schemes can last so long. People don't want to believe. They don't want the cash to stop.15. A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market by Ed Thorp. (Founders #222)16. A summary of Charlie Munger on incentives:1. We all underestimate the power of incentives.2. Never, ever think about anything else before the power of incentives.3. The most important rule: get the incentives right.17. This is nuts! Fake phones and hired actors!Next to the desk was a table with three telephones. The middle phone was a dummy, a non-working phone that Ivar could cause to ring by stepping on a button under the desk. That button was a way to speed the exit of talkative visitors who were staying too long. Ivar also used the middle phone to impress his supporters. When Percy Rockefeller visited Ivar pretended to receive calls from various European government officials, including Mussolini and Stalin. That evening, Ivar threw a lavish party and introduced Rockefeller to numerous "ambassadors" from various countries, who actually were movie extras he had hired for the night.----Get access to the World's Most Valuable Notebook for Founders at Founders Notes----“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
What I learned from reading Disney's Land: Walt Disney and the Invention of the Amusement Park That Changed the World by Richard Snow. ----Get access to the World's Most Valuable Notebook for FoundersYou can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----Vesto helps you see all of your company's financial accounts in one view. Connect and control all of your business accounts from one dashboard. Tell Ben (the founder of Vesto) that David sent you and you will get $500 off. ----Join this email list if you want early access to any Founders live events and conferencesJoin my personal email list if you want me to email you my top ten highlights from every book I read----Buy a super comfortable Founders sweatshirt (or hat) here ! ----(8:00) When in 1955 we heard that Disney had opened an amusement park under his own name, it appeared certain that we could not look forward to anything new from Mr. Disney.We were quite wrong.He had, instead, created his masterpiece.(13:00) This may be the greatest product launch of all time: He had run eight months of his television program. He hadn't named his new show Walt Disney Presents or The Wonderful World of Walt Disney.It was called simply Disneyland, and every weekly episode was an advertisement for the still unborn park.(15:00) Disneyland is the extension of the powerful personality of one man.(15:00) The creation of Disneyland was Walt Disney's personal taste in physical form.(24:00) How strange that the boss would just drop it. Walt doesn't give up. So he must have something else in mind.(26:00) Their mediocrity is my opportunity. It is an opportunity because there is so much room for improvement.(36:00) Roy Disney never lost his calm understanding that the company's prosperity rested not on the rock of conventional business practices, but on the churning, extravagant, perfectionist imagination of his younger brother.(41:00) Walt Disney's decision to not relinquish his TV rights to United Artists was made in 1936. This decision paid dividends 20 years later. Hold on. Technology -- developed by other people -- constantly benefited Disney's business. Many such cases in the history of entrepreneurship.(43:00) Walt Disney did not look around. He looked in. He looked in to his personal taste and built a business that was authentic to himself.(54:00) "You asked the question, What was your process like?' I kind of laugh because process is an organized way of doing things. I have to remind you, during the 'Walt Period' of designing Disneyland, we didn't have processes.We just did the work. Processes came later. All of these things had never been done before.Walt had gathered up all these people who had never designed a theme park, a Disneyland.So we're in the same boat at one time, and we figure out what to do and how to do it on the fly as we go along with it and not even discuss plans, timing, or anything.We just worked and Walt just walked around and had suggestions."----Get access to the World's Most Valuable Notebook for Founders at Founders Notes----“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 story of a filthy and dangerous train ditch that became one of the swankiest addresses in the world -- Park Avenue. For over 100 years, a Park Avenue address meant wealth, glamour and the high life. The Fred Astaire version of the Irving Berlin classic "Puttin' on the Ritz" revised the lyrics to pay tribute to Park Avenue: "High hats and Arrow collars/White spats and lots of dollars/Spending every dime for a wonderful time."By the 1950s, the avenue was considered the backbone of New York City with corporations setting up glittering new office towers in the International Style -- the Lever House, the Seagram Building, even the Pan Am Building. But the foundation for all this wealth and success was, in actually, a train tunnel, originally operated by the New York Central Railroad. This street, formerly known as Fourth Avenue, was (and is) one of New York's primary traffic thoroughfares. For many decades, steam locomotives dominated life along the avenue, heading into and out of Cornelius Vanderbilt's Grand Central (first a depot, then a station, eventually a terminal).However train tracks running through a quickly growing city are neither safe nor conducive to prosperity. Eventually, the tracks were covered with beautiful flowers and trees, on traffic island malls which have gotten smaller over the years. By the 1910s this allowed for glamorous apartment buildings to rise, the homes of a new wealthy elite attracted to apartment living in the post-Gilded Age era. But that lifestyle was not quite made available to everyone. In this episode, Greg and Tom take you on a tour of the tunnels and viaducts that helped New York City to grow, creating billions of dollars of real estate in the process. FURTHER LISTENINGListen to these related Bowery Boys episodes after you're done listening to the Park Avenue show:The Pan Am BuildingIt Happened In Madison Square Park The Chrysler Building and the Great Skyscraper RaceThe Rescue of Grand Central Terminal FURTHER READINGThis week we're suggesting a few historic designation reports for you history supergeeks looking for a deep dive into Park Avenue history. Dates indicated are when the structure or historic district was designatedSt. Bartholomew's Church and Community House (1967)Seventh Regiment Armory/Park Avenue Armory (1967)Consulate General of Italy (formerly the Henry P. Davison House) (1970)New World Foundation Building (1973)Racquet and Tennis Club Building (1979)Pershing Square Viaduct/Park Avenue Viaduct (1980)Upper East Side Historic District Designation Report (1981)Lever House (1982)1025 Park Avenue Reginald DeKoven House (1986)New York Central Building (1987)Seagram Building (1989)Mount Morris Bank Building (1991)Expanded Carnegie Hill Historic District Report (1993)Waldorf-Astoria Hotel (1993)Pepsi-Cola Building (1995)Ritz Tower (2002)2 Park Avenue Building (2006)Park Avenue Historic District Designation Report (2014)
What I learned from rereading Walt Disney: The Triumph of the American Imagination by Neal Gabler. ----Get access to the World's Most Valuable Notebook for Founders You can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----Join this email list if you want early access to any Founders live events and conferencesJoin my personal email list if you want me to email you my top ten highlights from every book I read ----Buy a super comfortable Founders sweatshirt (or hat) here ! ----(2:00) Disney's key traits were raw ingenuity combined with sadistic determination.(3:00) I had spent a lifetime with a frustrated, and often unemployed man, who hated anybody who was successful. — Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher. (Founders #242)(6:00) Disney put excelence before any other consideration.(11:00) Maybe the most important thing anyone ever said to him: You're crazy to be a professor she told Ted. What you really want to do is draw. Ted's notebooks were always filled with these fabulous animals. So I set to work diverting him. Here was a man who could draw such pictures. He should earn a living doing that. — Becoming Dr. Seuss: Theodor Geisel and the Making of an American Imagination by Brian Jay Jones. (Founders #161)(14:00) A quote about Edwin Land that would apply to Walt Disney too:Land had learned early on that total engrossment was the best way for him to work. He strongly believed that this kind of concentrated focus could also produce extraordinary results for others. Late in his career, Land recalled that his “whole life has been spent trying to teach people that intense concentration for hour after hour can bring out in people resources they didn't know they had.” A Triumph of Genius: Edwin Land, Polaroid, and the Kodak Patent War by Ronald Fierstein. (Founders #134)(15:00) My parents objected strenuously, but I finally talked them into letting me join up as a Red Cross ambulance driver. I had to lie about my age, of course. In my company was another fellow who had lied about his age to get in. He was regarded as a strange duck, because whenever we had time off and went out on the town to chase girls, he stayed in camp drawing pictures.His name was Walt Disney.Grinding It Out: The Making of McDonald's by Ray Kroc. (Founders #293)(20:00) Walt Disney had big dreams. He had outsized aspirations.(22:00) A quote from Edwin Land that would apply to Walt Disney too: My motto is very personal and may not fit anyone else or any other company. It is: Don't do anything that someone else can do.(24:00) Walt Disney seldom dabbled. Everyone who knew him remarked on his intensity; when something intrigued him, he focused himself entirely as if it were the only thing that mattered.(29:00) He had the drive and ambition of 10 million men.(29:00) I'm going to sit tight. I have the greatest opportunity I've ever had, and I'm in it for everything.(31:00) He seemed confident beyond any logical reason for him to be so. It appeared that nothing discouraged him.(31:00) You have to take the hard knocks with the good breaks in life.(32:00) Nothing wrong with my aim, just gotta change the target. — Jay Z(35:00) He sincerely wanted to be counted among the best in his craft.(43:00) He didn't want to just be another animation producer. He wanted to be the king of animation. Disney believed that quality was his only real advantage.(47:00) Walt Disney wanted domination. Domination that would make his position unassailable.(49:00) Disney was always trying to make something he could be proud of.(50:00) We have a habit of divine discontent with our performance. It is an antidote to smugness.— Eternal Pursuit of Unhappiness: Being Very Good Is No Good,You Have to Be Very, Very, Very, Very, Very Good by David Ogilvy and Ogivly & Mather. (Founders #343)(53:00) While it is easy, of course, for me to celebrate my doggedness now and say that it is all you need to succeed, the truth is that it demoralized me terribly. I would crawl into the house every night covered in dust after a long day, exhausted and depressed because that day's cyclone had not worked. There were times when I thought it would never work, that I would keep on making cyclone after cyclone, never going forwards, never going backwards, until I died.— Against the Odds: An Autobiography by James Dyson (Founders #300)(56:00) 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."— The Red Bull Story by Wolfgang Fürweger (Founders #333)(1:02:00) Steve was at the center of all the circles.He made all the important product decisions.From my standpoint, as an individual programmer, demoing to Steve was like visiting the Oracle of Delphi.The demo was my question. Steve's response was the answer.While the pronouncements from the Greek Oracle often came in the form of confusing riddles, that wasn't true with Steve.He was always easy to understand.He would either approve a demo, or he would request to see something different next time.Whenever Steve reviewed a demo, he would say, often with highly detailed specificity, what he wanted to happen next.He was always trying to ensure the products were as intuitive and straightforward as possible, and he was willing to invest his own time, effort, and influence to see that they were.Through looking at demos, asking for specific changes, then reviewing the changed work again later on and giving a final approval before we could ship, Steve could make a product turn out like he wanted.Much like the Greek Oracle, Steve foretold the future.— Creative Selection: Inside Apple's Design Process During the Golden Age of Steve Jobs by Ken Kocienda. (Founders #281)(1:07:00) He griped that when he hired veteran animators he had to “put up with their Goddamn poor working habits from doing cheap pictures.” He believed it was easier to start from scratch with young art students and indoctrinate them in the Disney system.(1:15:00) I don't want to be relagated to the cartoon medium. We have worlds to conquer here.(1:17:00) Advice Henry Ford gave Walt Disney about selling his company: If you sell any of it you should sell all of it.(1:23:00) He kept a slogan pasted inside of his hat: You can't top pigs with pigs. (A reminder that we have to keep blazing new trails.)(1:25:00) Disney's Land: Walt Disney and the Invention of the Amusement Park That Changed the World by Richard Snow.(1:33:00) It is the detail. If we lose the detail, we lose it all.----Get access to Founders Notes ----“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
How strikes helped bring down the Mubarak dictatorship, on the Labourstart podcast Today's labor history: Controversy at SCOTUS Today's labor quote: Cornelius Vanderbilt @labourstart @wpfwdc @AFLCIO #1u #UnionStrong #LaborRadioPod Proud founding member of the Labor Radio Podcast Network
What I learned from rereading George Lucas: A Life by Brian Jay Jones.----Get access to the World's Most Valuable Notebook for Founders at Founders Notes.comYou can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----(0:01) George Lucas unapologetically invested in what he believed in the most: himself.(1:00) George Lucas is the Thomas Edison of the modern film industry.(1:30) A list of biographies written by Brian Jay Jones(6:00) Elon Musk interviewed by Kevin Rose (10:15) How many people think the solution to gaining quality control, improving fiscal responsibility, and stimulating technological innovation is to start their own special-effects company? But that's what he did.(17:00) When I finally discovered film, I really fell madly in love with it. I ate it. I slept it. 24 hours a day. There was no going back.(18:00) Those on the margins often come to control the center. (Game of Thrones)(21:00) As soon as I made my first film, I thought, Hey, I'm good at this. I know how to do this. From then on, I've never questioned it.(23:00) He was becoming increasingly cranky about the idea of working with others and preferred doing everything himself.(34:00) Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher. (Founders #242)(42:00) The film Easy Rider was made for $350,000. It grossed over $60 million at the box office.(45:00) The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy Soni. (Founders #233)A Mind at Play: How Claude Shannon Invented the Information Age by Jimmy Soni and Rob Goodman (Founders #95)Steve Jobs & The NeXT Big Thing by Randall Stross. (Founders #77)(47:00) What we're striving for is total freedom, where we can finance our pictures, make them our way, release them where we want them released, and be completely free. That's very hard to do in the world of business. You have to have the money in order to have the power to be free.(49:00) You should reject the status quo and pursue freedom.(49:00) People would give anything to quit their jobs. All they have to do is do it. They're people in cages with open doors.(51:00) Stay small. Be the best. Don't lose any money.(59:00) That was a very dark period for me. We were in dire financial strait. I turned that down [directing someone else's movie] at my bleakest point, when I was in debt to my parents, in debt to Francis Coppola, in debt to my agent; I was so far in debt I thought I'd never get out. It took years to get from my first film to my second film, banging on doors, trying to get people to give me a chance. Writing, struggling, with no money in the bank… getting little jobs, eking out a living. Trying to stay alive, and pushing a script that nobody wanted.(1:02:00) “Opening this new restaurant might be the worst mistake I've ever made."Stanley [Stanley Marcus of Neiman Marcus] set his martini down, looked me in the eye, and said, "So you made a mistake. You need to understand something important. And listen to me carefully: The road to success is paved with mistakes well handled."His words remained with me through the night. I repeated them over and over to myself, and it led to a turning point in the way I approached business.Stanley's lesson reminded me of something my grandfather Irving Harris had always told me:“The definition of business is problems."His philosophy came down to a simple fact of business life: success lies not in the elimination of problems but in the art of creative, profitable problem solving. The best companies are those that distinguish themselves by solving problems most effectively.Setting the Table: The Transforming Power of Hospitality in Business by Danny Meyer. (1:05:00) My thing about art is that I don't like the word art because it means pretension and bullshit, and I equate those two directly. I don't think of myself as an artist. I'm a craftsman. I don't make a work of art; I make a movie.(1:06:00) I know how good I am. American Graffiti is successful because it came entirely from my head. It was my concept. And that's the only way I can work.(1:09:00) Creative Selection: Inside Apple's Design Process During the Golden Age of Steve Jobs by Ken Kocienda. (Founders #281)(1:21:00) The budget for Star Wars was $11 million. In brought in $775 million at the box office alone!(1:25:00) Steven Spielberg made over $40 million from the original Star Wars. Spielberg gave Lucas 2.5% of Close Encounters of the Third Kind and Lucas gave Spielberg 2.5% of Star Wars. That to 2.5% would earn Spielberg more than $40 million over the next four decades.----Get access to the World's Most Valuable Notebook for Founders at Founders Notes.com----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
Consuelo Vanderbilt Costin, seventh generation descendant of shipping and railroad tycoon, Cornelius Vanderbilt, is an American singer, composer, songwriter, designer, actress, philanthropist and entrepreneur. At a young age, Consuelo studied with famous singing teachers such as Ron Anderson and Seth Riggs and went to Italy and studied music in Fiesole and began performing in cafes and restaurants around Florence. At age 21 she signed her first record deal in London, and after many years of touring around the globe, in regions including Germany, France, and Australia, she launched her own record label, C&R Productions, and found herself in the top 20 Billboard Dance Charts with her top 10 hit singles. Consuelo's debut single “Naked” spent 16 weeks on the charts, while her follow-up “Feel So Alive” earned her Billboard's #2 Breakout Artist honor. Her latest hit “Body Needs” broke Billboard's Top 5.
What I learned from reading Steven Spielberg: A Biography by Joseph McBride. ----Get access to the World's Most Valuable Notebook for Founders at Founders Notes.comYou can read, reread, and search all my notes and highlights from every book I've ever read for the podcast. You can also ask SAGE any question and SAGE will read all my notes, highlights, and every transcript from every episode for you. A few questions I've asked SAGE recently: What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me a summary of Warren Buffett's best ideas? (Substitute any founder covered on the podcast and you'll get a comprehensive and easy to read summary of their ideas) How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are some strategies that Cornelius Vanderbilt used against his competitors?Get access to Founders Notes here. ----Episode Outline: Whatever is there, he makes it work.Spielberg once defined his approach to filmmaking by declaring, "I am the audience.""He said, 'I want to be a director.' And I said, 'Well, if you want to be a director, you've gotta start at the bottom, you gotta be a gofer and work your way up.' He said, 'No, Dad. The first picture I do, I'm going to be a director.' And he was. That blew my mind. That takes guts."One of his boyhood friends recalls Spielberg saying "he could envision himself going to the Academy Awards and accepting an Oscar and thanking the Academy.” He was twelve.He was disappointed in the world, so he built one of his own.Spielberg remained essentially an autodidact. Spielberg followed his own eccentric path to a professional directing career. Universal Studios, in effect, was Spielberg's film school. Giving him an education that, paradoxically, was both more personal and more conventional than he would have received in an academic environment. Spielberg devised what amounted to his own private tutorial program at Universal, immersing himself in the aspects of filmmaking he found most crucial to his development.At the time he came to Hollywood, generations of nepotism had made the studios terminally inbred and unwelcoming to newcomers. The studio system, long under siege from television, falling box-office receipts, and skyrocketing costs, was in a state of impending collapse.When Steven was very discouraged trying to sell a script and break in, he always had a positive, forward motion, whatever he may have been suffering inside.In the two decades since Star Wars and Close Encounters were released, science-fiction films have accounted for half of the top twenty box-office hits. But before George Lucas and Spielberg revived the genre there was no real appetite at the studios for science fiction. The conventional wisdom was science-fiction films never make money.Your children love you. They want to play with you. How long do you think that lasts? We have a few special years with our children, when they're the ones who want us around. So fast, it's a few years, then it's over. You are not being careful. And you are missing it.----Get access to the World's Most Valuable Notebook for Founders at Founders Notes.com----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
On this episode of Our American Stories, our next story comes from T.J. Stiles' Pulitzer Prize-winning biography, The First Tycoon, is one that portrays Cornelius Vanderbilt at his most skillful, and yet, at the same time… it is chilling. The Commodore's personal wealth had grown so much by 1869, that his private interests intersected with the public interests. Support the show (https://www.ouramericanstories.com/donate)See omnystudio.com/listener for privacy information.
What I learned from reading Cinema Speculation by Quentin Tarantino. ----Get access to the World's Most Valuable Notebook for Founders at Founders NotesSome questions other subscribers asked SAGE: I need some unique ideas on how to find new customers. What advice do you have for me?What are some strategies that Cornelius Vanderbilt used against his competitors?How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me more ideas about how to avoid competition from Peter Thiel?Have any of history's greatest founders regretted selling their company?What is the best way to fire a bad employee?How did Andrew Carnegie know what to focus on?Why was Jay Gould so smart?What was the biggest unlock for Henry Ford?Can you give me a summary of Warren Buffetts best ideas?If Charlie Munger had a top 10 rules for life what do you think those rules would be?What did Charlie Munger say about building durable companies that last?Tell me about Cornelius Vanderbilt. How did he make his money?Every subscriber to Founders Notes has access to SAGE right now. Get access here. ----Follow Founders Podcast on YouTube ----(9:00) Tarantino is possibly the most joyously infectious movie lover alive.(14:00) On the ride home, even if I didn't have questions, my parents would talk about the movie we had just seen. These are some of my fondest memories.(14:00) He has a comprehensive database of the history of movies in his head.(17:00) The Futurist: The Life and Films of James Cameron by Rebecca Keegan and The Return of James Cameron, Box Office King by Zach Baron (Founders #311)(25:00) Robert Rodriguez interviews Quentin Tarantino in the Director's Chair (26:00) Like most men who never knew their father, Bill collected father figures. (Kill Bill 2)(27:00) When people ask me if I went to film school, I tell them, No, I went to films.(29:00) Invest Like the Best #348 Patrick and John Collision (31:00) Tarantino made his own Founders Notes [Comparinig himself and another director] Nor did he keep scrapbooks, make notes, and keep files on index cards of all the movies he saw growing up like I did.(32:00) Napoleon and Modern War by Napoleon and Col. Lanza. (Founders #337)(41:00) On Spielberg and greatness: Steven Spielberg's Jaws is one of the greatest movies ever made, because one of the most talented filmmakers who ever lived, when he was young, got his hands on the right material, knew what he had, and killed himself to deliver the best version of that movie he could.(46:00) I've always approached my cinema with a fearlessness of the eventual outcome. A fearlessness that comes to me naturally.(51:00) The Big Score: Robert Friedland and The Voisey's Bay Hustle by Jacquie McNish (Founders #131)(51:00)Tarantino's top 8 movies have cost around $400 million to make and made about $1.9 billion in box office salesPulp Fiction$8 million$213 millionJackie Brown$12 million$74 millionKill Bill 1$30 million$180 millionKill Bill 2$30 million$152 millionInglorious Basterds$70 million$321 millionDjango Unchained$100 million$426 millionThe Hateful 8$60 million$156 millionOnce Upon A Time In Hollywood$90 million$377 million(58:00) What made Kevin Thomas so unique in the world of seventies and eighties film criticism, he seemed like one of the only few practitioners who truly enjoyed their job, and consequently, their life. I loved reading him growing up and practically considered him a friend.----Get access to the World's Most Valuable Notebook for Founders at Founders Notes----“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
What I learned from reading Eternal Pursuit of Unhappiness: Being Very Good Is No Good,You Have to Be Very, Very, Very, Very, Very Good by David Ogilvy and Ogivly & Mather. ----Get access to the World's Most Valuable Notebook for Founders at Founders NotesSome questions other subscribers asked SAGE: I need some unique ideas on how to find new customers. What advice do you have for me?What are some strategies that Cornelius Vanderbilt used against his competitors?How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me more ideas about how to avoid competition from Peter Thiel?Have any of history's greatest founders regretted selling their company?What is the best way to fire a bad employee?How did Andrew Carnegie know what to focus on?Why was Jay Gould so smart?What was the biggest unlock for Henry Ford?Can you give me a summary of Warren Buffetts best ideas?If Charlie Munger had a top 10 rules for life what do you think those rules would be?What did Charlie Munger say about building durable companies that last?Tell me about Cornelius Vanderbilt. How did he make his money?----Follow Founders Podcast on YouTube ----(0:01) But what did David actually mean by divine discontent? Here's an interpretation:DON'T BOW YOUR HEAD.DON'T KNOW YOUR PLACE.DEFY THE GODS.DON'T SIT BACK.DON'T GIVE IN.DON'T GIVE UP.DON'T WIN SILVERS.DON'T BE SO EASILY HAPPY WITH YOURSELF.DON'T BE SPINELESS.DON'T BE GUTLESS.DON'T BE TOADIES.DON'T GO GENTLE INTO THAT GOOD NIGHT.AND DON'T EVER, EVER ALLOW A SINGLE SCRAP OF RUBBISH OUT OF THE AGENCY(5:00) We have to work equally hard to replace the old patterns of self-defeating behaviors. An old Latin proverb tells us how: a nail is driven out by a nail, habit is overcome by habit.(7:00) Brilliant thinking is rare, but courage is in even shorter supply than genius. — Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel. (Founders #278)(7:00) Fear is a demon that devours the soul of a company: it diminishes the quality of our imagination, it dulls our appetite for adventure, it sucks away our youth. Fear leads to self-doubt, which is the worst enemy of creativity.(10:00) Trust is one of the greatest economic forces on earth. — The NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger. (Founders #329)(13:00) How great we become depends on the size of our dreams. Let's dream humongous dreams, put on our overalls, go out there and build them.(14:00) If you asked an oracle the secret to doing great work and the oracle replied with a single word my bet would be on “curiosity” — How To Do Great Work by Paul Graham. (Founders #314)(17:00) Only dead fish go with the flow.(18:00) If I have to choose between agreement and conflict, I'll take conflict every time. It always yields a better result. — Jeff Bezos(20:00) It's the cracked ones that let light into the world.(20:00)Rule #1. There are no rules.Rule #2. Never forget rule #1.(21:00) Bureaucracy has no place in an ideas company.(23:00) You see, those who live by their wits go to work on roller coasters. The ride is exhilarating, but one has to have a stomach of titanium. For starters, you're never a hundred per cent certain you'll ever get there. If you (even) get to your destination, you sometimes wonder why you've ever bothered.Other times the scenery pleasantly surprises you.(24:00) Discovery consists of seeing what everyone has seen and thinking what nobody has thought.(25:00) God is with those who persevere.(25:00) Dogged determination is often the only trait that separates a moderately creative person from a highly creative one.That's because great work is never done by temperamental geniuses, but by obstinate donkey-men.(26:00) Against the Odds: An Autobiography by James Dyson (Founders #300)(26:00) We are what we repeatedly do. Our character is a composite of our habits. Habits constantly, daily, express who we really are.----Get access to the World's Most Valuable Notebook for Founders at Founders Notes----“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 ✓ Claim Key Takeaways Check out the episode pageRead the full notes @ podcastnotes.orgWhat I learned from rereading Tycoon's War: How Cornelius Vanderbilt Invaded a Country to Overthrow America's Most Famous Military Adventurer by Stephen Dando-Collins. ----Get access to the World's Most Valuable Notebook for Founders at Founders Notes----Follow Founders Podcast on YouTube ----(0:01) Vanderbilt was only interested in two things: making money and winning(3:00) Cornelius Vanderbilt, the descendant of poor Dutch immigrants, would die in 1877 possessing more money than was held by the United States treasury.(3:00) The First Tycoon: The Epic Life of Cornelius Vanderbilt by T.J. Stiles(5:00) The NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger. (Founders #329) (6:00) “If I had learned education. I would not have had time to learn anything else.”(7:00) Vanderbilt wrote nothing down, keeping every detail of his business dealings in his head, and at any given time he knew his income and expenditures down to the last cent.(10:00) From Founders Notes. I asked the chat feature:Tell me about Cornelius Vanderbilt. How did he make his money?One trait it identified in Vanderbilt was this:Vanderbilt's approach to business was often marked by a sly concealment of his intentions, keeping information close while simultaneously gathering intelligence on competitors. This strategic obfuscation allowed him to make moves that others often couldn't predict or comprehend until it was too late(This feature will be available to Founders Notes subscribers very soon!)(15:00) The Invisible Billionaire: Daniel Ludwig by Jerry Shields (Founders #292)(24:00) The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy Soni. (Founders #233) (26:00) Gentlemen, you have undertaken to cheat me. I won't sue you, for the law is too slow. I'll ruin you. Yours truly, Cornelius Vanderbilt.(37:00) He's turning everyone against Walker by appealing to their interests. He's not saying do this for me to get my ships back. He appeals to their interests and aligns their interests with his own.(40:00) Vanderbilt had more money than all the Central American governments combined.(41:00) As far as my nature is concerned, I do not meet competition, I destroy competitors.— The 38 Letters from J.D. Rockefeller to His Son by John D. Rockefeller. (Founders #324)(41:00) Vanderbilt said why don't you pay me to not compete with you?----Get access to the World's Most Valuable Notebook for Founders at Founders Notes----“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
What I learned from rereading Tycoon's War: How Cornelius Vanderbilt Invaded a Country to Overthrow America's Most Famous Military Adventurer by Stephen Dando-Collins. ----Get access to the World's Most Valuable Notebook for Founders at Founders Notes----Follow Founders Podcast on YouTube ----(0:01) Vanderbilt was only interested in two things: making money and winning(3:00) Cornelius Vanderbilt, the descendant of poor Dutch immigrants, would die in 1877 possessing more money than was held by the United States treasury.(3:00) The First Tycoon: The Epic Life of Cornelius Vanderbilt by T.J. Stiles(5:00) The NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger. (Founders #329) (6:00) “If I had learned education. I would not have had time to learn anything else.”(7:00) Vanderbilt wrote nothing down, keeping every detail of his business dealings in his head, and at any given time he knew his income and expenditures down to the last cent.(10:00) From Founders Notes. I asked the chat feature:Tell me about Cornelius Vanderbilt. How did he make his money?One trait it identified in Vanderbilt was this:Vanderbilt's approach to business was often marked by a sly concealment of his intentions, keeping information close while simultaneously gathering intelligence on competitors. This strategic obfuscation allowed him to make moves that others often couldn't predict or comprehend until it was too late(This feature will be available to Founders Notes subscribers very soon!)(15:00) The Invisible Billionaire: Daniel Ludwig by Jerry Shields (Founders #292)(24:00) The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy Soni. (Founders #233) (26:00) Gentlemen, you have undertaken to cheat me. I won't sue you, for the law is too slow. I'll ruin you. Yours truly, Cornelius Vanderbilt.(37:00) He's turning everyone against Walker by appealing to their interests. He's not saying do this for me to get my ships back. He appeals to their interests and aligns their interests with his own.(40:00) Vanderbilt had more money than all the Central American governments combined.(41:00) As far as my nature is concerned, I do not meet competition, I destroy competitors.— The 38 Letters from J.D. Rockefeller to His Son by John D. Rockefeller. (Founders #324)(41:00) Vanderbilt said why don't you pay me to not compete with you?----Get access to the World's Most Valuable Notebook for Founders at Founders Notes----“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
This week on The Learning Curve, guest co-hosts Prof. Albert Cheng of the University of Arkansas and Charlie Chieppo interview two-time Pulitzer Prize winner T.J. Stiles. Mr. Stiles delves into the life of America's first tycoon, Cornelius Vanderbilt, exploring his rise to historic wealth in steamboats, shipping, and railroads. He discusses Vanderbilt’s legal battles, philanthropy, […]
We're taking it back for this week's episode of History Bites, where it's all about chefs with butter fingers. Did you know that some of your favorite foods were created by accident? Everything from potato chips and Corn Flakes to ice cream cones and Buffalo wings are the result of a culinary mistake…also Cornelius Vanderbilt married two of his cousins. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of Quah (Q & A), Sal, Adam & Justin coach four Pump Heads via Zoom. Mind Pump Fit Tip: Cold water therapy is anti-depressive! (2:27) Social justice warriors. (8:58) Max is SO Adam's son. (18:21) Mind Pump gets nostalgic. (22:01) Knowledge without wisdom is bad. (25:31) The awkwardness of tipping culture. (39:32) The tremendous value of working in retail or at a restaurant. (43:39) The drunkest cities in America. (50:02) Vuori is the KING of athleisure wear. (53:00) Trends making a comeback. (55:00) Shout out to The First Tycoon: The Epic Life of Cornelius Vanderbilt, a book by T.J. Stiles. (1:04:14) #ListenerLive question #1 - How can I train with a right hip labral tear? (1:05:49) #ListenerLive question #2 - What is the best program to do after Symmetry? I will be traveling a lot this summer and will have access to limited equipment. (1:18:15) #ListenerLive question #3 - At what point should you start cardio when you want to cut? (1:22:46) #ListenerLive question #4 – How should I approach the heavy lifting phases in your MAPS programs when it just seems to hurt me? (1:35:23) Related Links/Products Mentioned Ask a question to Mind Pump, live! Email: live@mindpumpmedia.com Visit The Cold Plunge for an exclusive offer for Mind Pump Listeners! **Promo code MINDPUMP at checkout for $150 off your order** Visit Vuori Clothing for an exclusive offer for Mind Pump listeners! June Promotion: MAPS Cardio or Summer Shredded Bundle or the Bikini Bundle 50% off! **Code JUNE50 at checkout** Siberian kids believe pouring a bucket of cold water in icy cold temperatures keeps them healthy Elon Musk's Neuralink wins FDA approval for human study of brain Menu — EL HALAL AMIGOS 20 drunkest cities in America Visit State & Liberty for an exclusive offer for Mind Pump listeners! **Promo code PUMP10 at checkout for 10% off** NASA will study crater made by rocket crash on moon The Founder Hour | Podcast The First Tycoon: The Epic Life of Cornelius Vanderbilt – Book by T.J. Stiles Visit NED for an exclusive offer for Mind Pump listeners! Mind Pump #2005: How To Incorporate Isometric Training Into Your Routine MAPS Symmetry MAPS Fitness Anywhere Reverse Dieting 101 Why Cardio Is TERRIBLE For Long-Term Fat Loss - YouTube Mind Pump #1987: How To Burn Fat & Build Muscle At The Same Time Do You Have Back Or Shoulder Pain? YOU NEED TO TRY THIS! MAPS Prime Webinar Mind Pump Podcast – YouTube Mind Pump Free Resources People Mentioned Arthur Brooks (@arthurcbrooks) Instagram Jordan Peterson (@jordan.b.peterson) Instagram Christian Guzman (@christianguzmanfitness) Instagram Layne Norton, Ph.D. (@biolayne) Instagram Justin Brink DC (@dr.justinbrink) Instagram