Podcast appearances and mentions of James Wallace

This week on Transmissions, a return guest, the great comedian, writer, actor, and podcaster Joe Pera. Joe first appeared here on Transmissions in 2020 alongside his friend and collaborator James Wallace aka Skyway Man, and we've wanted to have him back ever since. This talk is a blast, covering everything from the beauty of Phoenix's Sky Harbor airport to representations of Catholicism in science fiction to Joe's experience seeing the late Mitch Hedberg live. Pera's TV show, Joe Pera Talks With You, ran for three seasons on Adult Swim between 2018-2021. Quiet and restrained but deeply funny, the show's gentle slice of life stories and meditative pace made it an utterly unique project. Joe's latest work includes the 2023 stand up special Slow and Steady and Drifting Off With Joe Pera, a podcast designed specifically to help lull listeners to sleep. In addition to standard episodes covering topics like pre-bedtime drinks, wind, New York City ghosts, and soup, there are extended 8-hour versions of episodes as well, allowing for maximum slumbertime engagement. Close your eyes and settle in: here's an episode of Transmissions you might be able to doze off to.  You can read a full transcript of this conversation at Aquarium Drunkard, where you'll find 20 years worth of playlists, recommendations, reviews, interviews, podcasts, essays, and more. With your support, here's to another decade. Subscribe at Aquarium Drunkard. Stream a playlist of bumper music featured on Transmissions, as well as selections from our guests.Transmissions is a part of the Talkhouse Podcast Network. Visit the Talkhouse for more interviews, fascinating reads, and podcasts.

Daniel Ludwig was the richest man in the world and no one knew his name. I've read almost 400 biographies of history's greatest founders and this book is one of my all time favorites. Daniel Ludwig started his company at 19 and was working on it well into his 90s. He built a massive conglomerate of over 200 companies operating in more than 50 countries. Spending the time to learn how he did this is a great investment. This episode will tell you what I learned from rereading The Invisible Billionaire: Daniel Ludwig by Jerry Shields. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work.  Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----EPISODE OUTLINE 1.  Obsessed with privacy, Ludwig pays a major public relations firm fat fees to keep his name out of the papers.2.  An associate speaks of his unlimited ingenuity in dreaming up new ways of doing things.3. Ludwig's most notable characteristic, besides his imagination and pertinacity, is a lifelong penchant for keeping his mouth shut.4. I'm in this business because I like it. I have no other hobbies.5. Pertinacity: Holding strongly to an opinion, purpose, or course of action, stubbornly or annoyingly persistent.6.  Risk Game: Self Portrait of an Entrepreneur by Francis Greenburger (Founders #243)7. At his peak, he owned more than 200 companies in 50 countries.8. War makes the demand for Ludwig's products and services skyrocket.9.  Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson. (Founders #290)10. He did not mellow as he grew richer and older.11. Some years later, the captain of a Ludwig ship made the extravagant mistake of mailing in a report of several pages held together by a paper clip. He received a sharp rebuke for his prodigality: "We do not pay to send ironmongery by air mail!"12. Ludwig's tightfistedness, however, persisted after the Depression, putting him in sharp contrast to such free spenders as Onassis and Niarchos. It also was largely responsible for many of his innovations in the shipbuilding industry.13. Onassis: An Extravagant Life by Frank Brady. (Founders #211)14. Ludwig's ridding his ships of any feature that did not contribute to profits pleased his own obsessive sense of economy and kept him a step ahead of the competition. When someone asked why he didn't put a grand piano aboard his ships, as Stavros Niarchos did, Ludwig snapped, "You can't carry oil in a grand piano."15. Stay in the game long enough to get lucky.16. The world is a very malleable place. If you know what you want, and you go for it with maximum energy and drive and passion, the world will often reconfigure itself around you much more quickly and easily than you would think.  The Pmarca Blog Archive Ebook by Marc Andreessen (Founders #50)17. The yacht was as much a business craft as any of his tankers and probably earned him more money than any of them.18. Like the Rockefeller organization, Ludwig had mastered the practice of keeping his money by transferring it from one pocket, one company to another, while appearing to spend it.19. He had learned something by now. Opportunities exist on the frontiers where most men dare not venture, and it is often the case that the farther the frontier, the greater the opportunity.20. The way to escape competition is to either do something no one else is doing or do it where no one else is doing it.21. Much of Ludwig's success was due to his willingness to venture where more timid entrepreneurs dared not go. ----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

Here a little bit about a lot with our good friend James Wallace from Digital Simple. In this we cover marketing, personal branding, AI and much more. Enjoy

James Wallace was once the most revered philanthropist in the New Zealand arts community. His world started crumbling when a young man accused him of sexual assault. After a six-year legal battle - and more victims came forward - Wallace was convicted of multiple crimes and out of ways to keep his identity secret. This is the story of a disgraced knight's rise and fall, his crimes and punishment - and his survivors.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Dozens of firefighters raced to extinguish a massive blaze in Baltimore Thursday; freezing temps and high winds multiplied the hazards. We ask chief James Wallace how he keeps his department safe, and get winter weather safety tips for everyone. Request a smoke alarm and placement assistance for your home.Do you have a question or comment about a show or a story idea to pitch? Contact On the Record at: Senior Supervising Producer, Maureen Harvie she/her/hers mharvie@wypr.org 410-235-1903 Senior Producer, Melissa Gerr she/her/hers mgerr@wypr.org 410-235-1157 Producer Sam Bermas-Dawes he/him/his sbdawes@wypr.org 410-235-1472

Hosts Dennis Strazulo and Tami Larson sit down backstage with a divergent group of talent at Sound Summit 2024, the annual music festival atop majestic Mt. Tamalpais across the Bay from San Francisco.Fresh off her releasing her debut album, Wine on Venus, and her appearance on Jimmy Kimmel Live, rising Nashville star and Gibson Guitar endorsed phenom, Grace Bowers (Grace Bowers & The Hodge Podge), chats about how she was influenced by BB King and her humble rise to prominence -  from playing in her bedroom to appearing with Dolly Parton and Tyler Childers -  and explains why she is not a prodigy!  Demonstrating she has a mind and soul beyond her 18 years of age, Grace expresses what drives her -  a profound hope and passion that her music makes people feel something - whether it makes them dance or feel an emotion. Super-soulful, Lech Wierzynski, leader of The California Honeydrops, who like Grace Bowers, returned to his Bay Area roots performing at Sound Summit - the band's first stop on their national tour promoting its new album, Keep on Diggin' -  discusses the band's improvisational influences, the role of Spotify in the new music industry landscape, and the impact of the mentors who shaped his trumpet skills, and provides a peek into his iPod sourcing the playlist for the band's touring road trips, introducing listeners to an array of obscure, delightful music to add to their own playlists. Multi-talented James Wallace - aka, Skyway Man, delves into the eclectic inspirations of his music, originally sourced from his random discovery of mysterious letters in an abandoned motorcycle shop in North Carolina, filled with esoteric and UFO-related content, touching on the brotherhood of aliens and ascension to a fourth dimension. Wallace shares how his  passion for storytelling through song remains unwavering, providing a glimpse into the mind of Skyway Man and an example of the resilience and creativity that drives artists to keep sharing their gifts with the world.CreditsSweet Little AngelPerformed by B.B. KingWritten byB.B. King and Jules TaubThe Seer | Audiotree LivePerformed by SkywaymanWritten by James WallaceDownload & stream Skyway Man on Audiotree Live -- https://smarturl.it/AT-Skyway-Manhttps://www.youtube.com/watch?v=WBlbDYe_cSMSend My Baby BackPerformed by Freddy HughesWritten by Ernie Marbay and Lonnie Hewitthttps://youtu.be/hVc_97EEIpM?si=D2E4CJds6LkxCHeX Keep On RollinPerformed by King GeorgeWritten by George HollidaySugaree - Cat Tracks - Irwin CO Performed by Lech Wierzynski and FriendsWritten byJerry Garcia and Robert Hunterhttps://www.youtube.com/watch?v=VqS6936Kl7EGrace Bowers Jamming with Tyler ChildersLive from Eastside Bowl in Nashvillehttps://www.youtube.com/watch?v=SZnPFhFU01YDon't Feel Bad About Being AlivePerformed by Skyway ManWritten by James WallaceSkyway Man performing "Don't Feel Bad About Being Alivehttps://www.youtube.com/watch?v=Uxnb2kFo-I0

One-liner comedian James Wallace joins Mark for a joke heavy episode where they deep dive into four of his gags that don't quite work... Hosted on Acast. See acast.com/privacy for more information.

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Cynric Temple-Camp is one of New Zealand's top pathologists - and he has just published his third book about his work. The Final Diagnosis is a collection of stranger-than-fiction stories of death, disease and murder - as well as Temple-Camp sharing new perspectives on high-profile cases, including the disappearance of Ben Smart and Olivia Hope and the trial of Mark Lundy. A Moment In Crime host Anna Leask spoke with Temple-Camp about the book, his career and why he is sure beyond reasonable doubt that Lundy is guilty.  Episodes of A Moment In Crime - written and hosted by Leask - usually focus on old cases, cold cases or recent cases of national and international significance involving Kiwi offenders or victims. But this episode comes from the other side of the cordon - from a person often charged with determining how and why a person died and, who is responsible. To read more about Temple-Camp, the Lundy case and other crimes covered by Leask for the Herald, click here. Episodes of A Moment In Crime are usually released monthly and, so far, Leask has covered more than 55 cases including the murders of Grace Millane, Scott Guy, Austin Hemmings, Carmen Thomas, Karen Aim; the deaths of the Kahui Twins, the Edgeware Rd murders, the Bain family murders, the Christchurch House of Horrors and the massacres at Raurimu and Aramoana. Last year, a three-part special covered the case of rich lister and philanthropist James Wallace who was convicted of sexually assaulting three men and was jailed and had his knighthood stripped from him as a result. A Moment In Crime has topped the overall and true crime charts on numerous occasions, and has listeners in more than 80 countries. The podcast was a finalist at the 2024 NZ Radio & Podcast Awards and won a silver award in the true crime category at the inaugural New Zealand Podcast Awards in 2021. If you have a crime or case you'd like to hear more about, email anna.leask@nzme.co.nzSee omnystudio.com/listener for privacy information.

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3/27/24 6am CT Hour - Fr. James Wallace/ Ashley Noronha   John, Glen and Sarah give an update on the Francis Scott Key Bridge recovery, Supreme Court abortion pill case, Krispy Kreme and McDonalds. Fr. James Wallace breaks down some of he characters that are involved with the traditional Stations of the Cross and we might relate to them in the story of the Passion of Christ. Ashley reports on the Pope's Weekly General Audience and what happens in Rome during Holy Week.

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The new chief of the Baltimore City Fire Department joins Midday. Chief James Wallace was nominated to the position by Mayor Brandon Scott in July and confirmed by the City Council in October. He began his career with the department 33 years ago, and rose through the ranks as a paramedic, a firefighter, Battalion Chief and Deputy Chief. Since 2020, he served in the Scott administration as the head of the Office of Emergency Management. Baltimore sees many fires, with one of the highest per capita fire rates in the country. Chief Wallace is in charge of fighting those fires facing shortages of both equipment and personnel, budget over runs, and the challenge of high 911 call volumes that is causing delays in response timesEmail us at midday@wypr.org, tweet us: @MiddayWYPR, or call us at 410-662-8780.

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On this episode of the podcast we explore Wallace's youth, early inspirations from bands like Pink Floyd, discovering gospel music, moving to Nashville, TN where he spent well over a decade honing in on his craft and the deadly dedication it takes to be an artist, getting his first break with YK Records and in recent years relocating to California. Wallace just released his most highly anticipated album entitled "Flight of the Long Distance Healer" back in November and his since then gained some successful momentum. Wallace doesn't plan to stop there even if the road moving forward is daunting and bare with little to future insight for himself and musicians/artists everywhere. He's a veteran and soldier of the arts and will continue on!

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Mark Butcher, James Wallace and Yas Rana react to England's latest defeat at the 2023 World Cup as well as Pakistan's almighty run chase against New Zealand, one that keeps the final week of group stage action very interesting. Find out more about our video partners, SEEEN: https://seeen.com You can follow Wisden Cricket on Facebook, Instagram, Twitter and TikTok: https://www.facebook.com/WisdenCric https://www.instagram.com/wisden_cricket/ https://twitter.com/WisdenCricket https://www.tiktok.com/@wisdencricket The latest issue of Wisden Cricket Monthly is available now at https://wisden.com/shop/wisden-cricket-monthly-issue-72 The digital version of the magazine is also available for just £2 a month at https://pocketmags.com/wisden-cricket-monthly-magazine#5c1cd17fa0b05 #Cricket #CricketWorldCup #CWC23 Learn more about your ad choices. Visit megaphone.fm/adchoices

"Ooh...let's go...boom...boom...boom...Another one bites the dust!"--by Queen bassist John DeaconCoach Ronnie Thompson and quarterback Todd Dodge were football legends at Port Arthur Thomas Jefferson High School. Under Thompson's coaching genius, and Dodge's quarterbacking excellence, the #1-ranked Yellow Jackets rode the "Another One Bites the Dust" steamroller to a showdown with Odessa Permian in the 1980 State Finals.Thompson, known for his innovative offensive philosophy, is a 1962 graduate of Thomas Jefferson, and played on their 1960 district championship team along with college and NFL coaching great Jimmy Johnson. In addition to coaching at Thomas Jefferson, he had Southeast Texas coaching stints at Vidor, Lamar University, and Port Arthur Memorial. He also coached at the University of Texas and Texas A&M as offensive coordinator, as well as many years coaching high school in the Garland area.Dodge, along with receiver Brent Duhon, went on the secure All American honors for the Yellow Jackets, while setting numerous state and national records. In 1980, he was named The Most Outstanding Football Player in Texas. He went on to quarterback the Texas Longhorns. Afterwards, Dodge became one of Texas' most decorated high school head football coaches, winning seven state titles--all in Texas' highest classification. He won four titles at Southlake Carroll, where the Dragons went 79-1 over a five-year span. He subsequently won three state titles at Austin Westlake, before retiring at the close of 2021. Hear these respected football greats talk with Buck and Brad about:Coach Thompson's years as a student athlete at Port Arthur Jefferson;Coach Thompson's return to Southeast Texas in 1975 to lead Vidor out of its 43-game losing streak, and turn the Pirates into winners;Coach Thompson's return to TJ in 1978, and his relationship with then-sophomore quarterback phenom Todd Dodge;The Yellow Jackets' evolution from their 1-9 team of 1978, to the "Another One Bites the Dust" State Finalist powerhouse of 1980;Todd Dodge's consulting work with Port Neches-Groves ISD's head coaching search, that culminated in the hiring of Jeff Joseph;Todd Dodge's induction into the Museum of the Gulf Coast Hall of Honor;Remembrances of players, opponents, games, rivalries, and more!The podcast brings up a wide range of names from Southeast Texas, including Brent Duhon, Jimmy Johnson, Clarence "Buckshot" Underwood, Don Holloway, Robert Smothers, Ken Watson, Lonnie Linscomb, Randy Brevell, (Todd's mom and dad), Richard Rice, Colleen Rice, Bobby Rice, Bruce Miller, Donnie Schexnider, Rick Wyble, Steve Durso, Mike Owens, Hank Clark, Steve DeRouen, Norman Gaspard, George Hawkins, Emerick Jagneaux, Bill Mehan, Ron Stump, Willie Williams, Charles Wilson, Frank Eidom, Larry Mayer, Gary Hammond, Kenny Harrison, Roman Leviege, Gary Jefferson, Anthony Dupuy, James Wallace, Shea Walker, Tug Lewis, Troy Terrell, Arnold Landry, Greg Brugman, Hayward Laurent, Clay Southerland, Jeff Joseph, Dr. Mike Gonzales, Lew Ford, Dr. Jesse Delee, William Seale...and more! Other names included in the podcast are O. J. Simpson, Otis Wylie, Kenny Stabler, Michael Jordan, Patrick Ewing, Mark Rypien, Riley Dodge, Gary Joseph, Tony Salazar,...and more!!Are you ready? Hey are your ready for this?Are you standing on the edge of your seat?Out on the gridiron, the Jackets fly,Swarmin' to the sound of the beat, yeah!boom...boom...boom...Another one bites the dust!Right here, on Down Trails of Victory podcast!

On this day in 1860, James Wallace Black took a photo of Boston from a hot air balloon 1,200 feet in the air.See omnystudio.com/listener for privacy information.

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A Moment In Crime - The Patron - looks back at the life and crimes of disgraced knight and serial sex attacker James Hay Wallace. Behind his money, philanthropy and resplendence, Wallace was a serial sex offender who lured men to his mansion on the premise of discussing funding proposals or helping with projects or careers and abused them when they least expected it.  Wallace's case took years to resolve with multiple trial dates - one delayed, one aborted and the case then moved to the High Court at Auckland. After he was sentenced he continued to fight to clear his name, mounting various appeals to keep his identity suppressed and himself out of prison. A Moment In Crime - The Patron tells the story of Wallace's life, crimes, court case and the impact it had on the victims and wider community across three episodes. This episode looks at the victims experiences of the abuse and court, and the aftermath for the arts community.  Part One and Part Two are also live if you have yet to listen to those.  Thanks to the NZ Herald senior journalist Sam Hurley for his contributions to this episode.  For more on the case visit nzherald.co.nz or click: Sir James Wallace named as former rich-lister convicted of indecently assaulting three men and attempting to pervert the course of justice 'I do not forgive you': Victims of prominent businessman speak out as influential figure jailed Sir James Wallace unmasked: The inside story of a rich-lister, arts philanthropist and criminal James Wallace: Disgraced arts patron continues to deny offending, refused parole SEXUAL HARM - DO YOU NEED HELP? If you've ever experienced sexual assault or abuse and need to talk to someone, contact Safe to Talk confidentially, any time 24/7: Call 0800 044 334 Text 4334 Email support@safetotalk.nz Alternatively contact your local police station click here for a list. If you have been sexually assaulted, remember it's not your fault.  See omnystudio.com/listener for privacy information.

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Samson Mow @Excellion and James Wallace @ijameswallace discuss the Liquid sidechain, capital markets, and financial inclusion in the age of Bitcoin and the emerging worldwide peer-to-peer digital network. Connect with Guests: Samson Mow: https://twitter.com/Excellion James Wallace: https://twitter.com/ijameswallace Sam Callahan: https://twitter.com/samcallah Connect with: Jan3: https://twitter.com/JAN3com Digtl: https://digtl.coTimestamps: 00:00:00 “Swan Signal” Intro 00:01:54 Introducing Samson and James 00:02:37 What is the “Liquid Network?” 00:07:00 How the Liquid Network Operates with the Bitcoin Network 00:10:36 Building at “Digtl” 00:15:22 Providing access to financial markets for everyone 00:21:55 How does the “Liquid Network” Help Bitcoin Adoption? 00:31:20 Joining the Nasdaq, and Why Companies Would Choose to Tokenize on the Liquid Network 00:40:42 El Salvador Bonds 00:44:52 Why Should People Use “Liquid?” 00:52:36 How “Digtl” are Helping Create a “More Fair and Honest” Capital Market 01:00:45 How to Connect with Samson and James 01:02:18 “Swan Signal” OutroConnect with Swan Bitcoin: 

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One of New Zealand's best-known art collectors, businessmen, and philanthropists, Sir James Wallace, has been named as the "prominent businessman" jailed for indecently assaulting three young men. Wallace had been granted name suppression while his case ran through the courts, but that lapsed yesterday with a final judgment by the Supreme Court. Arts commentator and journalist Mark Amery spoke to Ingrid Hipkiss.

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What I learned from having dinner with Charlie Munger and rereading The Tao of Charlie Munger.This episode is brought to you by: Tiny: Tiny is the easiest way to sell your business. Tiny provides quick and straightforward exits for Founders.  ----Follow one of my favorite podcasts Invest Like The Best ![5:45] The blueprint he gave me was simple: Forget what you know about buying fair businesses at wonderful prices; instead, buy wonderful businesses at fair prices.[8:48] He has never forgotten the importance of having friends in high places.[9:04] Most people systematically undervalue their time. — Peter Thiel[11:08] Franklin & Washington: The Founding Partnership by Edward Larson. Founders #251)[12:23] Meet You in Hell: Andrew Carnegie, Henry Clay Frick, and the Bitter Partnership That Changed America by Les Standiford. (Founders #284)[15:02] Charlie took the excess capital out of Blue Chip Stamp and invested it in profitable businesses.[12:56] Charlie started seeing the advantages of investing in better businesses that didn't have big capital requirements and did have lots of free cash that could be reinvested in expanding operations or buying new businesses.[17:38] Go for great.[21:33] In everything I've done it really pays to go after the best people in the world. —Steve Jobs[27:15] If you're in a good business just know that it's human nature to mess it up. Don't mess it up. Just stay there and let time do its work.[27:34] One truly great business will make your unborn grandchildren wealthy.[28:08] All I Want To Know Is Where I'm Going To Die So I'll Never Go There: Buffett & Munger – A Study in Simplicity and Uncommon, Common Sense by Peter Bevelin. (Founders #286)[34:39] I did not succeed in life by intelligence. I succeeded because I have a long attention span.[34:54] Charlie Munger on how he made $400 or $500 million by reading Barron's for 50 years.[35:11] One of the reasons Charlie and Warren have never worried about anyone mimicking their investment style is because no other institution or individual has the discipline are the patience to wait as long as they can. [35:47] Wisdom is prevention.[36:50] Only play games where you have an edge. — A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market by Ed Thorp. (Founders #222)[38:31] Wise people step on big and growing troubles early.[44:51] I am continually amazed at the number of people who are presented with an opportunity and pass. There's your basic dividing line between the people who shoot up in their careers like a rocket ship, and those who don't — right there. — Marc Andreessen's Blog Archive (Founders #50)[46:28] The most inspiring biography I've read so far: Born of This Land: My Life Story by Chung Ju-yung. (Founders #117)[47:11] Invest Like The Best #204 Sam Hinkie Find Your People[42:42] Rober Caro's Books:The Power BrokerThe Path to Power: The Years of Lyndon Johnson IMeans of Ascent: The Years of Lyndon Johnson IIMaster of the Senate: The Years of Lyndon Johnson IIIThe Passage of Power: The Years of Lyndon Johnson IV[48:46] We just got after it and we stayed after it. — Sam Walton: Made In America by Sam Walton. (Founders #234)[52:39] Some brand names own a piece of consumer's minds and they do not have any direct competition.[55:30] We are individual opportunity driven.[57:08] Size and market domination can create their own kind of durable competitive advantage.[56:15] Jony Ive: The Genius Behind Apple's Greatest Products by Leander Kahney. (Founders #178)[1:01:57] Extreme specialization is the way to succeed. Most people are way better off specializing than trying to understand the world.[1:04:44] Wise people want to avoid other people who are just total rat poison and there are a lot of them.[1:05:35] Charlie and I have seen so much of the ordinary in business that we can truly appreciate a virtuoso performance.[1:09:00] Am I Being Too Subtle?: Straight Talk From a Business Rebel by Sam Zell. (Founders #269)[1:10:15] Charlie looks at nearly everything through the lens of history. You aren't changing human nature. Things will just keep repeating forever.[1:13:13] There should be more willingness to take the blows of life as they fall. That's what manhood is, taking life as it falls. Not whining all the time and trying to fix it by whining.[1:14:40] Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson. (Founders #290)[1:17:00] Arnold Schwarzenegger autobiographies and episodes:Total Recall: My Unbelievably True Life Story by Arnold Schwarzenegger. (Founders #141)Arnold: The Education of a Bodybuilder by Arnold Schwarzenegger. (Founders #193)----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes.----Join my free email newsletter to get my top 10 highlights from every book----I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free 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

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What I learned from rereading Grinding It Out: The Making of McDonald's by Ray Kroc.This episode is brought to you by: Tiny: Tiny is the easiest way to sell your business. Tiny provides quick and straightforward exits for Founders.  ----Follow one of my favorite podcasts Invest Like The Best ![2:00] I have always believed that each man makes his own happiness and is responsible for his own problems.[4:00] I was fascinated by the simplicity and effectiveness of the system they described that night.Each step in producing the limited menu was stripped down to its essence and accomplished with a minimum of effort.[5:00] When I flew back to Chicago that fateful day in 1954, I had a freshly signed contract with the McDonald brothers in my briefcase. I was a battle-scarred veteran of the business wars, but I was still eager to go into action. I was 52 years old. I had diabetes and incipient arthritis. I had lost my gall bladder and most of my thyroid gland in earlier campaigns. But I was convinced that the best was ahead of me.[6:00] It's not what you do it's how you do it:Ralph Lauren: The Man Behind the Mystique by Jeffrey Trachtenberg. (Founders #288)Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson. (Founders #290)The Invisible Billionaire: Daniel Ludwig by Jerry Shields. (Founders #292)[8:00] I never considered my dreams wasted energy. They were invariably linked to some form of action.[10:00] For me, work was play.[13:00] I vowed that this was going to be my only job. I was going to make my living at it and to hell with moonlighting of any kind. I intended to devote every ounce of my energy to selling, and that's exactly what I did.[14:00] Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher. (Founders #242)[20:00] This was the first phase of grinding it out—building my personal monument to capitalism. I paid tribute, in the feudal sense, for many years before I was able to rise with McDonald's on the foundation I had laid.[21:00] Make every detail perfect and limit the number of details to perfect.[26:00] I was putting every cent I had and all I could borrow into this project.[28:00] Perfection is very difficult to achieve and perfection was what I wanted in McDonald's. Everything else was secondary.[29:00] If my competitor was drowning, I'd put a hose in his mouth.[44:00] Titan: The Life of John D. Rockefeller by Ron Chernow. (Founders #248)John D: The Founding Father of the Rockefellers by David Freeman Hawke. (Founders #254)[47:00] The advertising campaign we put together was a smash hit. It turned Californians into our parking lots as though blindfolds had been removed from their eyes.[48:00] Authority should go with the job.----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes.----Join my free email newsletter to get my top 10 highlights from every book----I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free 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 rereading The Invisible Billionaire: Daniel Ludwig by Jerry Shields. This episode is brought to you by: Tiny: Tiny is the easiest way to sell your business. Tiny provides quick and straightforward exits for Founders.  ----Follow one of my favorite podcasts Invest Like The Best !----[2:00] Obsessed with privacy, Ludwig pays a major public relations firm fat fees to keep his name out of the papers.[4:00]  An associate speaks of his unlimited ingenuity in dreaming up new ways of doing things.[5:00] Ludwig's most notable characteristic, besides his imagination and pertinacity, is a lifelong penchant for keeping his mouth shut.[5:00] I'm in this business because I like it. I have no other hobbies.[6:00] Holding strongly to an opinion, purpose, or course of action, stubbornly or annoyingly persistent.[8:00] Risk Game: Self Portrait of an Entrepreneur by Francis Greenburger (Founders #243)[10:00] At his peak, he owned more than 200 companies in 50 countries.[23:00] War makes the demand for Ludwig's products and services skyrocket.[25:00] Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson. (Founders #290)[28:00] He did not mellow as he grew richer and older.[28:00] Some years later, the captain of a Ludwig ship made the extravagant mistake of mailing in a report of several pages held together by a paper clip. He received a sharp rebuke for his prodigality: "We do not pay to send ironmongery by air mail!"[29:00] Ludwig's tightfistedness, however, persisted after the Depression, putting him in sharp contrast to such free spenders as Onassis and Niarchos. It also was largely responsible for many of his innovations in the shipbuilding industry.[29:00] Onassis: An Extravagant Life by Frank Brady. (Founders #211)[30:00] Ludwig's ridding his ships of any feature that did not contribute to profits pleased his own obsessive sense of economy and kept him a step ahead of the competition. When someone asked why he didn't put a grand piano aboard his ships, as Stavros Niarchos did, Ludwig snapped, "You can't carry oil in a grand piano."[31:00] Stay in the game long enough to get lucky.[32:00] The world is a very malleable place. If you know what you want, and you go for it with maximum energy and drive and passion, the world will often reconfigure itself around you much more quickly and easily than you would think.  The Pmarca Blog Archive Ebook by Marc Andreessen (Founders #50)[37:00] The yacht was as much a business craft as any of his tankers and probably earned him more money than any of them.[40:00] Like the Rockefeller organization, Ludwig had mastered the practice of keeping his money by transferring it from one pocket, one company to another, while appearing to spend it.[42:00] He had learned something by now. Opportunities exist on the frontiers where most men dare not venture, and it is often the case that the farther the frontier, the greater the opportunity.[43:00] The way to escape competition is to either do something no one else is doing or do it where no one else is doing it.[43:00] Much of Ludwig's success was due to his willingness to venture where more timid entrepreneurs dared not go.----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes. ----Join my free email newsletter to get my top 10 highlights from every book----I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free 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 Podcast Notes Key Takeaways Young Bill Gates was like Genghis Khan in a Mr. Rogers costumeEverything he did, he did to the maxGates' first interaction with a computer was at Lakeside School, a private school in Seattle where he also met Paul Allen, with whom he co-founded Microsoft with Bill Gates became obsessed with computers at a young age to the point where his parents banned his usage of them “You want to maneuver yourself into doing something in which you have an intense interest.” – Charlie MungerGates knew that he wanted to be wealthy from an early age; he spoke about his future success and wealth as if it were predeterminedGates was one of the best math students at Harvard, but he was not the best, which to him, meant he could never be a mathematician Bill Gates dropped out of Harvard after much convincing from Paul Allen to start what eventually became Microsoft Gates was financially conservative: Microsoft got from founding to IPO without having to take money from venture capitalDespite Gates being a multi-billionaire and Microsoft being the undeniable leader of its category, Bill Gates still wanted to destroy the competition Gates knew where he was weak and was willing to listen to others Apple was just Steve Jobs with 10,000 lives; the founder's personality is going to be embedded into the company, which was also true for Bill Gates and Jeff Bezos with their respective companiesBill Gates was intolerant of distractions; he believed “focus” was the key element to successRead the full notes @ podcastnotes.orgWhat I learned from rereading Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson.This episode is brought to you by: Tiny: Tiny is the easiest way to sell your business. Quick and straightforward exits for Founders.----Follow one of my favorite podcasts Invest Like The Best and listen to episode 292 The Business of Gaming with Mitch Lasky and 293 David Senra Passion and Pain !----[4:00] Gates read the encyclopedia from beginning to end when he was only seven or eight years old.[4:00]  Gates had an obsessive personality and a compulsive need to be the best.[5:00] Everything Bill did, he did to the max. What he did always went well, well beyond everyone else.[6:00] You want to maneuver yourself into doing something in which you have an intense interest. —  Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger.[7:00] Gates devoured everything he could get his hands on concerning computers and how to communicate with them, often teaching himself as he went.[9:00] A young man with no money and tons of enthusiasm. — The Dream of Solomeo: My Life and the Idea of Humanistic Capitalism by Brunello Cucinelli. (Founders #289)[10:00] He consumed biographies to understand how the great figures of history thought.[11:00] The idea that some people were super successful was interesting. What did they know? What did they do? What drove those kinds of successes?[12:00] Idea Man: A Memoir by the Cofounder of Microsoft by Paul Allen. (Founders #44)[13:00] “I'm going to make my first million by the time I'm 25.” It was not said as a boast, or even a prediction. He talked about the future as if his success was predestined.[15:00] Gates and Allen were convinced the computer industry was about to reach critical mass, and when it exploded it would usher in a technological revolution of astounding magnitude. They were on the threshold of one of those moments when history held its breath... and jumped, as it had done with the development of the car and the airplane. They could either lead the revolution or be swept along by it.[17:00] Bill had a monomaniacal quality. He would focus on something and really stick with it. He had a determination to master whatever it was he was doing. Bill was deciding where he was going to put his energy and to hell with what anyone else thought.[18:00] Don't do anything that someone else can do. — Edwin Land[21:00] You've got to remember that in those days, the idea that you could own a computer, your own computer, was about as wild as the idea today of owning your own nuclear submarine. It was beyond comprehension.[23:00] There would be no unnecessary overhead or extravagant spending habits with Microsoft.[25:00] “Pertec kept telling me I was being unreasonable and they could deal with this guy [Gates]. It was like Roosevelt telling Churchill that he could deal with Stalin.[27:00] Four years in and Microsoft had only 11 employees.[28:00] Gates sustained Microsoft through tireless salesmanship. For several years he alone made the cold calls and haggled, cajoled, browbeat, and harangued the hardware makers of the emerging personal computer industry, convincing them to buy Microsoft's services and products. He was the best kind of salesman there is: he knew the product, and he believed in it. Moreover, he approached every client with the zealotry of a true believer.[29:00] When we got up to 30 employees, it was still just me, a secretary, and 28 programmers. I wrote all the checks, answered the mail, took the phone calls.[31:00] This might be Bill's most important decision ever: IBM had talked to Gates about a fixed price for an unlimited number of copies of the software Microsoft licensed to IBM. The longer Gates thought about this proposal the more he became convinced it was bad business. Gates had decided to insist on a royalty arrangement with IBM.[34:00] 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. — Driven From Within by Michael Jordan and Mark Vancil. (Founders #213)[36:00] Overdrive: Bill Gates and the Race to Control Cyberspace by James Wallace. (Founders #174)[42:00] You can drive great people by making the speed of decision making really slow. Why would great people stay in an organization where they can't get things done? They look around after a while, and they're, like, "Look, I love the mission, but I can't get my job done because our speed of decision making is too slow."—Invent and Wander: The Collected Writings of Jeff Bezos (Founders #155)[43:00] Alexander the Great: The Brief Life and Towering Exploits of History's Greatest Conqueror--As Told By His Original Biographers by Arrian, Plutarch, and Quintus Curtius Rufus. (Founders #232)[44:00] Gates was intolerant of distractions.----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes. ----Join my free email newsletter to get my top 10 highlights from every book----I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free 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 HP Way: How Bill Hewlett and I Built Our Company by David Packard.This episode is brought to you by: Tiny: Tiny is the easiest way to sell your business. Quick and straightforward exits for Founders.  ----Follow one of my favorite podcasts Invest Like The Best ![2:01] Do our products offer something unique?[3:00] Customer satisfaction second to none is the only acceptable goal.[4:00] What I learned from rereading Jeff Bezos' Shareholder Letters for the 3rd time (Founders #282)[5:00] In Silicon Valley, the ultimate career standard was set by David Packard: start a company in a garage, grow it into the leading innovator in its field, then take it public, then take it into the Fortune 500 (or better yet, the Fortune 50), then become the spokesman for the industry, then go to Washington, and then become an historic global figure. Only Packard had accomplished all of this; he had set the bar, and the Valley had honored his achievement by making him the unofficial "mayor" of Silicon Valley.—The Intel Trinity: How Robert Noyce, Gordon Moore, and Andy Grove Built the World's Most Important Company by Michael Malone [6:00] Steve Jobs: The Exclusive Biography by Walter Isaacson. (Founders #214)[9:00] Gates read the encyclopedia from beginning to end when he was only seven or eight years old. — Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson. (Founders #290)[10:00] My father wouldn't let me quit.[11:00] Given equally good players and good teamwork, the team with the strongest will to win will prevail.[13:00] Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel. (Founders #278)[17:00] That was a very important lesson for me —that personal communication was often necessary to back up written instructions.[21:00] Insisting On The Impossible: The Life Of Edwin Land by Victor McElheny [28:00] More businesses die from indigestion than starvation.[33:00] I found, after much trial and error, that applying steady, gentle pressure from the worked best.[38:00] Bill and I knew we didn't want to be a “me too” company merely copying products already on the market.[38:00] Netbooks accounted for 20% of the laptop market. But Apple never seriously considered making one. “Netbooks aren't better than anything,” Steve Jobs said at the time. “They're just cheap laptops.” Jony proposed that the tablets in his lab could be Apple's answer to the netbook.—— Jony Ive: The Genius Behind Apple's Greatest Products by Leander Kahney. (Founders #178)[46:00] Gains in quality come from meticulous attention to detail, and every step in the manufacturing process must be done as carefully as possible, not as quickly as possible.[47:00] Exponential growth is based on the principle that the state of change is proportional to the level of effort expended.----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes. ----Join my free email newsletter to get my top 10 highlights from every book----I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free 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 rereading Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson.This episode is brought to you by: Tiny: Tiny is the easiest way to sell your business. Quick and straightforward exits for Founders.----Follow one of my favorite podcasts Invest Like The Best and listen to episode 292 The Business of Gaming with Mitch Lasky and 293 David Senra Passion and Pain !----[4:00] Gates read the encyclopedia from beginning to end when he was only seven or eight years old.[4:00]  Gates had an obsessive personality and a compulsive need to be the best.[5:00] Everything Bill did, he did to the max. What he did always went well, well beyond everyone else.[6:00] You want to maneuver yourself into doing something in which you have an intense interest. —  Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger.[7:00] Gates devoured everything he could get his hands on concerning computers and how to communicate with them, often teaching himself as he went.[9:00] A young man with no money and tons of enthusiasm. — The Dream of Solomeo: My Life and the Idea of Humanistic Capitalism by Brunello Cucinelli. (Founders #289)[10:00] He consumed biographies to understand how the great figures of history thought.[11:00] The idea that some people were super successful was interesting. What did they know? What did they do? What drove those kinds of successes?[12:00] Idea Man: A Memoir by the Cofounder of Microsoft by Paul Allen. (Founders #44)[13:00] “I'm going to make my first million by the time I'm 25.” It was not said as a boast, or even a prediction. He talked about the future as if his success was predestined.[15:00] Gates and Allen were convinced the computer industry was about to reach critical mass, and when it exploded it would usher in a technological revolution of astounding magnitude. They were on the threshold of one of those moments when history held its breath... and jumped, as it had done with the development of the car and the airplane. They could either lead the revolution or be swept along by it.[17:00] Bill had a monomaniacal quality. He would focus on something and really stick with it. He had a determination to master whatever it was he was doing. Bill was deciding where he was going to put his energy and to hell with what anyone else thought.[18:00] Don't do anything that someone else can do. — Edwin Land[21:00] You've got to remember that in those days, the idea that you could own a computer, your own computer, was about as wild as the idea today of owning your own nuclear submarine. It was beyond comprehension.[23:00] There would be no unnecessary overhead or extravagant spending habits with Microsoft.[25:00] “Pertec kept telling me I was being unreasonable and they could deal with this guy [Gates]. It was like Roosevelt telling Churchill that he could deal with Stalin.[27:00] Four years in and Microsoft had only 11 employees.[28:00] Gates sustained Microsoft through tireless salesmanship. For several years he alone made the cold calls and haggled, cajoled, browbeat, and harangued the hardware makers of the emerging personal computer industry, convincing them to buy Microsoft's services and products. He was the best kind of salesman there is: he knew the product, and he believed in it. Moreover, he approached every client with the zealotry of a true believer.[29:00] When we got up to 30 employees, it was still just me, a secretary, and 28 programmers. I wrote all the checks, answered the mail, took the phone calls.[31:00] This might be Bill's most important decision ever: IBM had talked to Gates about a fixed price for an unlimited number of copies of the software Microsoft licensed to IBM. The longer Gates thought about this proposal the more he became convinced it was bad business. Gates had decided to insist on a royalty arrangement with IBM.[34:00] 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. — Driven From Within by Michael Jordan and Mark Vancil. (Founders #213)[36:00] Overdrive: Bill Gates and the Race to Control Cyberspace by James Wallace. (Founders #174)[42:00] You can drive great people by making the speed of decision making really slow. Why would great people stay in an organization where they can't get things done? They look around after a while, and they're, like, "Look, I love the mission, but I can't get my job done because our speed of decision making is too slow."—Invent and Wander: The Collected Writings of Jeff Bezos (Founders #155)[43:00] Alexander the Great: The Brief Life and Towering Exploits of History's Greatest Conqueror--As Told By His Original Biographers by Arrian, Plutarch, and Quintus Curtius Rufus. (Founders #232)[44:00] Gates was intolerant of distractions.----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes. ----Join my free email newsletter to get my top 10 highlights from every book----I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free 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

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What I learned from rereading Meet You in Hell: Andrew Carnegie, Henry Clay Frick, and the Bitter Partnership That Changed America by Les Standiford.This episode is brought to you by: Tiny: Tiny is the easiest way to sell your business. Quick and straightforward exits for Founders.—Follow one of my favorite podcasts Invest Like The Best  and check out these great episodes: #137 Bill Gurley: All Things Business and Investing#88 Sam Hinkie: Data, Decisions, and Basketball#204 Sam Hinkie: Find Your People—Subscribe to listen to Founders Premium — Subscribers can ask me questions directly which I will answer in Ask Me Anything (AMA) episodes —[0:01] Frick had been the man Carnegie trusted above all others to manage the affairs of Carnegie Steel.[2:00] Carnegie had delegated the job of holding the line on wages and other demands to Frick—a Patton to Carnegie's FDR.[3:00] The Autobiography of Andrew Carnegie by Andrew Carnegie.  (Founders #283)[5:00] Here's a starter pack of essentials  for Day 1 defense: customer obsession, a skeptical view of proxies, the eager adoption of external trends, and high-velocity decision making. —Jeff Bezos's Shareholder Letters (Founders #282)[7:00] In less than half a century the United States had been transformed―from a largely agrarian and underdeveloped federation of competing interests, to a relatively cohesive economic juggernaut. The age of the Founding Fathers was over. The Age of the Titans had begun.[12:00] By 1863 Carnegie was earning more than $45,000 a year from this and all his other investments, compared with a mere $2,400 from his railroad salary. Yet he understood that it was the contacts he made and the information he derived from his association with the railroad that made everything else possible.[13:00] More control. Less costs. More profit.[15:00] Technology is just a better way to do something: As a result of the process for transforming iron to steel that bore his name (Bessemer), a quantity of steel that might formerly have taken as long as two weeks to produce could now be made in fifteen minutes.[17:00] Carnegie starts his company during a financial panic. The best time to expand is when no one else dares to take the risk.[20:00] Already the best but still wants to do better: Even his key employees were not spared Carnegie's heavy-handed management style. To almost every positive report Carnegie's response was "Good, but let us do better."[21:00] Cut the prices, scoop the market, watch the costs, and the profits will take care of themselves.[21:00] Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson (Founders #140)[22:00] He could make steel more efficiently than any of them.[24:00] Henry Clay Frick: The Life of the Perfect Capitalist by Quentin Skrabec Jr. (Founders #75)[24:00] Like Rockefeller, Henry Clay Frick used a lot of borrowed money to get his start in the coke business. There was a line in one of Rockefeller's biographies where it said “he was the greatest borrower I've ever seen.”[26:00] Frick knew his business down to the ground.[26:00] LIke Carnegie, Frick expands his business during an economic panic. Frick, who would later recall this as one of the most grueling times in his life, proved as undaunted in the face of adversity as Carnegie had been.[34:00] Carneige was accustomed to obedience from his subordinates, but if he expected unquestioned subservience from Henry Frick, he had gravely miscalculated.[36:00] Frick was no puppet, but rather a man willing to take considerable risks in defense of his principles.[37:00] Frick had ambition, a singleness of purpose, and a lack of self—doubt that even Carneige envied.[38:00] Carnegie would repeat the mantra time and again: profits and prices were cyclical, subject to any number of transient forces of the marketplace. Costs, however, could be strictly controlled, and in Carnegie's view, any savings achieved in the costs of goods were permanent.[39:00] On this issue the two men were of one mind. Frick had made his way in coke by the same reckoning that Carnegie had in rail and steel: if you knew your costs down to the penny, you were always on firm ground.[39:00] Frick had always understood how essential new technologies were in driving costs down. Cost control became nearly an obsession.[47:00] [Frick was shot] Only after he was finished with his day's work did Frick permit himself to be carried from the office to an ambulance.[49:00] You must not allow anything to discourage you in the least. Even if things do not go well for some time to come, or even if they should get much worse. Just keep at it, doing the best you can. Do not allow the fact that you are not getting along as well as you would like to lead you to put yourself in a compromising position.[1:03:00] Empires of Light: Edison, Tesla, Westinghouse, and the Race to Electrify the World by Jill Jonnes. (Founders #83)[1:04:00] J.P. Morgan understood the folly of a long-term battle with the Carnegie Company, a firm that controlled its own sources of raw materials, transport, and manufacture, and that was far more deeply capitalized than his or any other of the upstarts. They might stay in the game for a while, and they might put a dent in Carnegie's armor, but in the end, Carnegie would run them into the ground, every one. Subscribe to listen to Founders Premium — Subscribers can ask me questions directly which I will answer in Ask Me Anything (AMA) episodes —I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free https://readwise.io/founders/—“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 Paul Graham's essays.Support Founders' sponsors: Tiny: The easiest way to sell your business. Quick and straightforward exits for Founders. Capital: Banking built for Founders. Raise, hold, spend, and send—all in one place. Tegus is a search engine for business knowledge that's used by Founders, investors, and executives. Subscribe to listen to Founders Daily (my new daily podcast)[4:52] My father told me I could be whatever I wanted when I grew up, so long as I enjoyed it.[5:49] Do what you love doesn't mean, do what you would like to do most this second.[7:41] To be happy I think you have to be doing something you not only enjoy, but admire. You have to be able to say, at the end, wow, that's pretty cool.[8:00] You should not worry about prestige. This is easy advice to give. It's hard to follow.[10:22] You have to make a conscious effort to keep your ideas about what you want from being contaminated by what seems possible.[12:18] Whichever route you take, expect a struggle. Finding work you love is very difficult. Most people fail.[16:46] How To Do What You Love by Paul Graham [16:34] What Doesn't Seem Like Work by Paul Graham [17:16] If something that seems like work to other people doesn't seem like work to you, that's something you're well suited for.[17:42] Michael Jordan said what looked like hard work to others was play to him. Michael Jordan: The Life by Roland Lazenby. (Founders #212) and Driven From Within by Michael Jordan and Mark Vancil. (Founders #213)[20:53] How Not to Die by Paul Graham [23:00] All that matters is to survive. The rest is just words. — Charles de Gaulle by Julian Jackson (Founders #224)[24:49] You have to assume that running a startup can be demoralizing. That is certainly true. I've been there, and that's why I've never done another startup.[27:31] If a startup succeeds, you get millions of dollars, and you don't get that kind of money just by asking for it. You have to assume it takes some amount of pain.[28:17] So I'll tell you now: bad shit is coming. It always is in a startup. The odds of getting from launch to liquidity without some kind of disaster happening are one in a thousand.So don't get demoralized. When the disaster strikes, just say to yourself, ok, this was what Paul was talking about. What did he say to do? Oh, yeah. Don't give up.[28:45] Why to Start a Startup in a Bad Economy by Paul Graham [30:23] If we've learned one thing from funding so many startups, it's that they succeed or fail based on the qualities of the founders.[31:15] If you're worried about threats to the survival of your company, don't look for them in the news. Look in the mirror.[34:10] The cheaper your company is to operate, the harder it is to kill.[35:43] Relentlessly Resourceful by Paul Graham [35:43] I finally got being a good startup founder down to two words: relentlessly resourceful.[37:20] If I were running a startup, this would be the phrase I'd tape to the mirror. "Make something people want" is the destination, but "Be relentlessly resourceful" is how you get there.[37:40] The Anatomy of Determination by Paul Graham [37:45] David's Notes: A Conversation with Paul Graham[39:50] After a while determination starts to look like talent.[42:12] Ambitious people are rare, so if everyone is mixed together randomly, as they tend to be early in people's lives, then the ambitious ones won't have many ambitious peers. When you take people like this and put them together with other ambitious people, they bloom like dying plants given water. Probably most ambitious people are starved for the sort of encouragement they'd get from ambitious peers, whatever their age.[43:21] One of the best ways to help a society generally is to create events and institutions that bring ambitious people together. (Founders Podcast Conference?)[45:21] What Startups Are Really Like by Paul Graham [49:00] The Entire History of Silicon Valley by John Coogan[49:50] Meet You In Hell: Andrew Carnegie Henry Clay Frick, and the Bitter Partnership That Transformed America by Les Standiford. (Founders #73)[55:08] You need persistence because everything takes longer than you expect. A lot of people (founders) were surprised by that.[57:18] Estee Lauder was a master at doing things that don't scale. Estée Lauder: A Success Storyby Estée Lauder. (Founders #217)[58:45] What makes companies fail most of the time is poor execution by the founders. A lot of times founders are worried about competition. YC has founded 1900+ companies. 1 was killed by competitors. You have the same protection against competitors that light aircraft have against crashing into other light aircraft. Do you know what the protection is? Space is large.[1:01:00] Paul on what he would do if he was strating a company today: If I were a 22 year starting a startup I would certainly apply to YC. Which is not that surprising, since it was designed to be what I wish I'd had when I did start one. But (assuming I got in) I would not get sucked into raising a huge amount on Demo Day.I would raise maybe $500k, keep the company small for the first year, work closely with users to make something amazing, and otherwise stay off SV's radar.Ideally I'd get to profitability on that initial $500k. Later I could raise more, if I felt like it. Or not. But it would be on my terms.At every point in the company's growth, I'd keep the company as small as I could. I'd always want people to be surprised how few employees we had. Fewer employees = lower costs, and less need to turn into a manager.When I say small, I mean small in employees, not revenues.[1:05:07] Against The Odds: An Autobiography by James Dyson (Founders #200)[1:07:00] A Word To The Resourceful by Paul Graham [1:08:07] We found the startups that did best were the ones with the sort of founders about whom we'd say "they can take care of themselves." The startups that do best are fire-and-forget in the sense that all you have to do is give them a lead, and they'll close it, whatever type of lead it is.[1:09:00] Understanding all the implications of what someone tells you is a subset of resourcefulness. It's conversational resourcefulness.[1:11:00] Do Things That Don't Scale by Paul Graham [1:11:00] Startups take off because the founders make them take off.[1:16:00] The question to ask about an early stage startup is not "is this company taking over the world?" but "how big could this company get if the founders did the right things?" And the right things often seem both laborious and inconsequential at the time.[1:16:00] Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson (Founders #140)[1:21:00] The world is complicated. It is noisy. We are not going to get a chance to get people to remember much about us. No company is. So we have to be really clear about what we want them to know about us. —Steve Jobs[1:22:00] Any strategy that omits the effort is suspect.[1:23:00] The need to do something unscalably laborious to get started is so nearly universal that it might be a good idea to stop thinking of startup ideas as scalars. Instead we should try thinking of them as pairs of what you're going to build, plus the unscalable thing(s) you're going to do initially to get the company going.Now that there are two components you can try to be imaginative about the second as well as the first. Founders need to work hard in two dimensions.—I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free by going to https://readwise.io/founders/—Subscribe to listen to Founders Daily—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth

What I learned from rereading Becoming Steve Jobs: The Evolution of a Reckless Upstart into a Visionary Leader by Brent Schlender and Rick Tetzeli--Support Founders sponsors: Tegus streamlines the investment research process so you can get up to speed and find answers to critical questions on companies faster and more efficiently. The Tegus platform surfaces the hard-to-get qualitative insights, gives instant access to critical public financial data through BamSEC, and helps you set up customized expert calls. It's all done on a single, modern SaaS platform that offers 360-degree insight into any public or private company. As a listener, you can take Tegus for a free test drive by visiting Tegus. And until 2023 every Tegus license comes with complimentary access to BamSec by Tegus.and Sam Hinkie's unique venture capital firm 87 Capital. If i was raising money and looking for a long term partner Sam is the first person I would call. If you are the kind of founder that we study on this podcast and you are looking for a long term partner go to 87capital.com--[3:11] His mind was never a captive of reality.[5:16] A complete list of every Founders episode on Steve Jobs and the founders Steve studied: Steve Jobs's Heroes[7:15] Steve Jobs and The Next Big Thing by Randall Stross (Founders #77)[9:05] Steve Job's Commencement Address[9:40] Driven and curious, even when things were tough, he was a learning machine.[10:20] He learned how to manage himself.[12:45] Anything could be figured out and since anything could be figured out anything could be built.[14:10] It was a calculation based on arrogance. — The Fish That Ate the Whale: The Life and Times of America's Banana King by Rich Cohen (Founders #255)[18:00] We were no longer aiming for the handful of hobbyists who liked to assemble their own computers. For every one of them there were a thousand people who would want the machine to be ready to run.[17:40] He was a free thinker whose ideas would often run against the conventional wisdom of any community in which he operated.[19:55] He had no qualms about calling anyone up in search of information or help.[20:40] I've never found anybody who didn't want to help me when I've asked them for help.I've never found anyone who's said no or hung up the phone when I called. I just asked.Most people never pick up the phone and call. Most people never ask.[21:50] First you believe. Then you work on getting other people to share your belief.[24:55] All the podcasts on Edwin Land:Land's Polaroid: A Company and the Man Who Invented It by Peter C. Wensberg (Founders #263)A Triumph of Genius: Edwin Land, Polaroid, and the Kodak Patent War by Ronald Fierstein (Founders #134)Land's Polaroid: A Company and the Man Who Invented It by Peter C. Wensberg (Founders #133)The Instant Image: Edwin Land and the Polaroid Experienceby Mark Olshaker (Founders #132)Insisting On The Impossible: The Life of Edwin Land and Instant: The Story of Polaroid (Founders #40)[25:00] My friend Frederick's newsletter I was interviewed for[30:20] He was an extraordinary speaker and he wielded that tool to great effect.[31:00] Never underestimate the value of an ally. — Estée Lauder: A Success Story by Estée Lauder. (Founders #217)[32:50] If you go to sleep on a win you're going to wake up with a loss.[33:00] Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson (Founders #140)[34:20] Software development requires very little capital investment. It is basically intellectual capital. The main cost is the labor required to design and test it. There's no need for expensive factories. It can be replicated endlessly for practically nothing.[38:10] He cared passionately and he never dialed it in.[39:45] To Pixar And Beyond: My Unlikely Journey with Steve Jobs to Make Entertainment History by Lawrence Levy (Founders #235)[42:58] Time carries most of the weight.[43:30] People that are learning machines and then refuse to quit are incredibly hard to beat. Steve jobs was a learning machine who refused to quit.[44:17] Steve Jobs and The Next Big Thing by Randall Stross (Founders #77)[49:40] Creativity Inc by Ed Catmull[50:30] There were times when the reactions against Steve baffled Steve.I remember him sometimes saying to me: Why are they upset?What that said to me was that he didn't intend to get that outcome. It was a lack of skill as opposed to meanness. A lack of skill of dealing with other people.[55:50] Creative thinking, at its best, is chalk full of failures and dead ends.[56:40] Successful people listen. Those that don't listen don't last long. —Michael Jordan: The Life by Roland Lazenby. (Founders #212) [58:40] You can't go to the library and find a book titled The Business Model for Animation. The reason you can't is because there's only been one company Disney that's ever done it well, and they were not interested in telling the world how lucrative it was.[1:01:20] The company is one of the most amazing inventions of humans.[1:02:25] The only purpose for me in building a company is so that the company can make products. One is a means to the other.[1:04:00] Personal History by Katherine Graham (Founders #152)[1:10:11] Creative Selection: Inside Apple's Design Process During the Golden Age of Steve Jobs by Ken Kocienda[1:11:12] What am I focusing on that sets me apart from my competitors?[1:13:00] The channel? We lost $2 billion last year. Who gives a fuck about the channel?[1:15:21] Time carries most of the weight. Stay in the game as long as possible.[1:16:41] The information he'd glean would go into the learning machine that was his brain. Sometimes that's where it would sit, and nothing would happen. Sometimes he'd concoct a way to combine it with something else he'd seen, or perhaps to twist it in a way to benefit an entirely different project altogether. This was one of his great talents, the ability to synthesize separate developments and technologies into something previously unimaginable.—Get 60 days free of Readwise. It is the best app I pay for. I could not make Founders without it.----“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 Land's Polaroid: A Company and the Man Who Invented It by Peter C. Wensberg.[0:01] Why is Polaroid a nutty place? To start with, it's run by a man who has more brains than anyone has a right to. He doesn't believe anything until he's discovered it and proved it for himself. Because of that, he never looks at things the way you and I do. He has no small talk. He has no preconceived notions. He starts from the beginning with everything. That's why we have a camera that takes pictures and develops them right away.[1:33] More books on Edwin Land: Insisting on The Impossible: The Life of Edwin Land by Victor McElheny The Instant Image: Edwin Land and the Polaroid Experienceby Mark Olshaker A Triumph of Genius: Edwin Land, Polaroid, and the Kodak Patent War by Ronald Fierstein Instant: The Story of Polaroid by Chris Bonanos [2:18] “Then I read something that one of my heroes, Edwin Land of Polaroid, said about the importance of people who could stand at the intersection of humanities and sciences, and I decided that's what I wanted to do.” —  Steve Jobs: The Exclusive Biography by Walter Isaacson (Founders #214)[5:17] This guy started one of the great technology monopolies and ran it for 50 years.[7:35] He lived his life more intensely than the rest of us.[8:53] His interest in our reactions was minimal — polite, sometimes kind, but limited by the great drain of energy necessary to sustain his own part.[9:30] He never argued his ideas. If people didn't believe in them, he ignored those people. —A Mind at Play: How Claude Shannon Invented the Information Age by Jimmy Soni and Rob Goodman  (Founders #95) Loomis was not someone you could argue with. He would listen patiently to an opposing opinion. But his consideration was nothing more than that-an act of politeness on his part.” — Tuxedo Park: A Wall Street Tycoon and The Secret Palace of Science That Changed The Course of World War II by Jennet Conant (Founders #143)[11:40] Right before he introduces the most important product he ever makes — he is in a fight for his life. There's a good chance that Polaroid is going to be bankrupt.[14:29] The parallel to Steve Jobs is striking. Edwin Land —like jobs — had to turn around the company he founded before they ran out of money![15:02] At 37 he had achieved everything to which he aspired except success.[15:32] Against The Odds: An Autobiography by James Dyson (Founders #200)[22:48] The heroes of your heroes become your heroes.[23:39] Bill Gates would later tell a friend he went to Harvard to learn from people smarter than he was —and left disappointed. —Hard Drive: Bill Gates and the Making of the Microsoft Empire by James Wallace and Jim Erickson (Founders #140)[27:22] The young hurl themselves into vast problems that have troubled the world's best thinkers, believing that they can find a solution. It is well that they should for, from time to time, one of them does. — Autobiography of a Restless Mind: Reflections on the Human Condition Volume 2 by Dee Hock. (Founders #261)[29:30] He concentrated ferociously on his quest.[29:43] We live in the age of infinite distraction.[30:03] My whole life has been spent trying to teach people that intense concentration for hour after hour can bring out in people resources they didn't know they had.[30:29] Among all the components and Land's intellectual arsenal, the chief one seems to be simple concentration. — The Instant Image: Edwin Land and The Polaroid Experience by Mark Olshaker. (Founders #132)[41:50] A Landian question took nothing for granted, accepted no common knowledge, tested the cliche, and treated conventional wisdom as an oxymoron.[42:44] A Triumph of Genius: Edwin Land, Polaroid, and the Kodak Patent War by Ronald Fierstein  (Founders #134)[48:33] They had no alternative but to succeed with the camera. Everyone left at Polaroid knew that at the present rate of decline the business, the company, and their jobs would not survive 1947.[55:45] Smith estimated that throughout the eighties he spent at least four hours a day reading. He found he relied quite heavily on his own vision, backed by assimilating information from many different disciplines all at once. “The common trait of people who supposedly have vision is that they spend a lot of time reading and gathering information, and then synthesize it until they come up with an idea." — Overnight Success: Federal Express and Frederick Smith, Its Renegade Creator by Vance Trimble (Founders #151)[59:05] If you're not good, Jeff will chew you up and spit you out. And if you're good, he will jump on your back and ride you into the ground. — The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone. (Founders #179) [1:02:24] They were among the first of the park's attractions to be finished, but the pressure of time was already weighing on everyone. One day John Hench stopped by to check the progress on the coaches and had an idea, which he brought to his boss. "Why don't we just leave the leather straps off, Walt? The people are never going to appreciate all the close-up detail."Walt Disney treated Hench to a tart little lecture: "You're being a poor communicator. People are okay, don't you ever forget that. They will respond to it. They will appreciate it."Hench didn't argue. "We put the best darn leather straps on that stagecoach you've ever seen."— Disney's Land: Walt Disney and the Invention of the Amusement Park That Changed the World by Richard Snow. (Founders #158)[1:05:53] There is no such thing as group originality or group creativity or group perspicacity. I do believe wholeheartedly in the individual capacity for greatness. Profundity and originality are attributes of single, if not singular, minds.[1:10:32] There's nothing more refreshing than thinking for a few minutes with your eyes closed.[1:11:00] The present is the past biting into the future.----“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