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Following a very heated statement from Cryptomanran about Altseason, today he's joined by Tom Dunleavy and Joey Krug to break down the topic, among other hot news in the crypto market!
On today's Friday Banter episode, Ran is joined by Joe McCann and Joey Krug. In addition to tackling crypto's hottest topics, the two VCs make very shocking revelations about the crypto they hold! - -
In this episode, I explore the idea of enhancing the accuracy of information in the AI era through a reputation-based consensus mechanism. This concept, inspired by my previous conversation with Joey Krug, co-founder of Augur, involves validating AI-generated content with a community's help, where individuals' reputations impact the credibility of the information.I highlight Augur as an example, a decentralized, blockchain-based platform that allows people to make predictions on various topics. The platform uses the collective wisdom of its users, who stake their reputations on their predictions, creating a self-regulating accuracy mechanism.I suggest that adopting a similar reputation-based approach for AI-generated content could improve its reliability. This system would allow users to challenge or support content, influencing its credibility based on accuracy. Such a mechanism could enhance the vetting process for AI-generated information, ensuring only verified content is disseminated.I also reflect on how these ideas have evolved from my initial conversation with Joey and their relevance for future information accuracy in an AI-driven world. The episode, along with more in-depth analysis and exclusive content, is available on my Substack for subscribers.________https://substack.com/@dcndailycryptonewsNews Links
In Episode #118, we explore healthcare as a product rather than a service. We're joined by Adrian Aoun, Forward's CEO and Founder, and we cover why healthcare should be a product, not a service, being problem-oriented as a founder, and why the health insurance industry is destined to fall. “Solutions don't really matter. Problems matter.” – Adrian Aoun EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.outlieracademy.com/episode/118 FULL TEXT TRANSCRIPT https://www.outlieracademy.com/episode/118 CHAPTERS This episode is our definitive guide to healthcare as a product rather than a service. In it we cover: 00:00:00 – Introduction 00:02:37 – From Google to Forward 00:09:01 – Why founders should be problem-oriented 00:12:31 – Advising the President on the future of technology 00:17:22 – The root problem of the healthcare industry 00:25:24 – Why healthcare should be a product, not a service 00:30:01 – The imminent fall of health insurance 00:35:06 – Does the healthcare system really matter? 00:45:47 – Why medical specialties don't make sense 00:55:02 – How Forward is a mission that happens to have a company attached to it ABOUT FORWARD Adrian Aoun is founder and CEO of Forward, which is building an insurance-free healthcare system focused on preventative healthcare from the ground up. Forward was founded in 2017 to invert the typical model of healthcare, which follows the service model where one patient sees a single doctor whenever they need care. Forward is building healthcare focused on health and preventative care that's 1) productized so you can use it anytime, anywhere, 2) scalable so it's affordable to everyone, and 3) always on with help available through the Forward app and a network of offices around the US. This might sound like, well, how healthcare should have been all along, which is the goal. This episode is a special one. In it we cover why Adrian is fanatical about being problem-focused rather than solution-focused, what he learned leading special projects for Sergey Brin at Google, and why Forward is focused on productizing healthcare to bring down the cost of treatments, make healthcare available 24/7, help customers manage all aspects of their health, and increase the pace of innovation and iteration. Adrian shares his perspective on what happens as the percentage of GDP dedicated to healthcare reaches 30% and even 40%, and he talks through how he uses extreme perspectives to pick apart complex issues and come to ground truths.
In Episode #118, we explore healthcare as a product rather than a service. We're joined by Adrian Aoun, Forward's CEO and Founder, and we cover why healthcare should be a product, not a service, being problem-oriented as a founder, and why the health insurance industry is destined to fall. “Solutions don't really matter. Problems matter.” – Adrian Aoun EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.outlieracademy.com/episode/118 FULL TEXT TRANSCRIPT https://www.outlieracademy.com/episode/118 CHAPTERS This episode is our definitive guide to healthcare as a product rather than a service. In it we cover: 00:00:00 – Introduction 00:02:37 – From Google to Forward 00:09:01 – Why founders should be problem-oriented 00:12:31 – Advising the President on the future of technology 00:17:22 – The root problem of the healthcare industry 00:25:24 – Why healthcare should be a product, not a service 00:30:01 – The imminent fall of health insurance 00:35:06 – Does the healthcare system really matter? 00:45:47 – Why medical specialties don't make sense 00:55:02 – How Forward is a mission that happens to have a company attached to it ABOUT FORWARD Adrian Aoun is founder and CEO of Forward, which is building an insurance-free healthcare system focused on preventative healthcare from the ground up. Forward was founded in 2017 to invert the typical model of healthcare, which follows the service model where one patient sees a single doctor whenever they need care. Forward is building healthcare focused on health and preventative care that's 1) productized so you can use it anytime, anywhere, 2) scalable so it's affordable to everyone, and 3) always on with help available through the Forward app and a network of offices around the US. This might sound like, well, how healthcare should have been all along, which is the goal. This episode is a special one. In it we cover why Adrian is fanatical about being problem-focused rather than solution-focused, what he learned leading special projects for Sergey Brin at Google, and why Forward is focused on productizing healthcare to bring down the cost of treatments, make healthcare available 24/7, help customers manage all aspects of their health, and increase the pace of innovation and iteration. Adrian shares his perspective on what happens as the percentage of GDP dedicated to healthcare reaches 30% and even 40%, and he talks through how he uses extreme perspectives to pick apart complex issues and come to ground truths.
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In this episode, I am joined by Joey Krug, a prominent figure in the cryptocurrency and blockchain industry who has recently joined Founder Fund, a VC with 11 billion AUM. We delve into his investment strategies and explore his insights on the upcoming investment narratives in the crypto space. From discussing DeFi and layer 2 projects to exploring topics like ZK snarks, gaming, and meme coins, Joey's extensive background in both building tech projects and investing makes this episode a must-watch for anyone interested in the field. Don't miss out on this opportunity! Follow Joey Krug: https://twitter.com/joeykrug ►►THE DAILY CLOSE BRAND NEW NEWSLETTER! INSTITUTIONAL GRADE INDICATORS AND DATA DELIVERED DIRECTLY TO YOUR INBOX, EVERY DAY AT THE DAILY CLOSE. TRADE LIKE THE BIG BOYS.
Joey Cofone shares the lessons he's learned as an award-winning designer, the Founder & CEO of Baronfig, and the author of The Laws of Creativity, including why he's fascinated with the juxtaposition between skill and renown, how he worked with James Clear to design the Clear Habit Journal, why experimentation is Baronfig's most important value, how rock bottom taught him how to take risks, and so much more. “There's a stereotype of creatives, which is that they're just flying by the seat of their pants. I'm here to tell you that it's absolutely not true. We need to separate that from what creativity is. We need to decouple this ridiculous stereotype so that more people can blossom creatively.” — Joey Cofone EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/joey-cofone-playbook FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/joey-cofone-playbook-transcript CHAPTERS (00:00:00) - Introduction (00:01:08) - Wrestling with Skill vs Renown (00:02:57) - Why People Would Be Surprised at Joey Cofone's Daily Discipline (00:04:04) - Why Joey Cofone Has Been Tracking His Habits for 13 Years (00:05:21) - Joey Cofone's Favorite Baronfig Products (00:07:23) - How Joey Cofone and James Clear Designed the Clear Habit Journal (00:10:46) - The Laws of Creativity by Joey Cofone in 90 Seconds (00:12:51) - How Rock Bottom Taught Joey Cofone How to Take Risks (00:16:07) - Why the Most Important Value at Baronfig is Experimentation (00:22:08) - Joey Shares His Favorite Books Including Radical Candor and The Phantom Tollbooth (00:23:47) - Joey Cofone's Favorite Advice From His Barber and Malcom Gladwell (00:26:11) - How Joey Cofone Learns From Failure at Baronfig ABOUT THE GUEST Joey Cofone is the Founder & CEO of Baronfig and an award-winning designer and entrepreneur. His work has been featured in Fast Company, Bloomberg, New York Magazine, Bon Appétit, Quartz, Mashable, Gizmodo, and Print, among others. Joey was named a New Visual Artist and, separately, Wunderkind designer by Print magazine. He strives to make work that appeals to curious minds—work that's beautiful, smart, and communicative. He believes that design is the least of a designer's worries, that story is at the heart of all tasks, and jumping off cliffs is the only way to grow.
In Episode #121, we deconstruct Adrian Aoun's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. Adrian Aoun is the CEO and Founder of Forward. We cover why medical wearables don't work, focusing on impact, and creating companies that can change the world. “Care deeply about the problem, not about your idea.” – Adrian Aoun EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/adrian-aoun-playbook/ FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/adrian-aoun-playbook-transcript/ CHAPTERS In this episode, we deconstruct Adrian Aoun's peak performance playbook—from their favorite book to the tiny habit that's had the biggest impact on their life. In it we cover: 00:00:00 – Introduction 00:02:21 – Creating companies that change the world 00:06:07 – On being stubborn and persistent 00:09:51 – Why medical wearables aren't working 00:14:03 – It's just as easy to work on something big as something that's small 00:16:19 – Everything should relate to the problem 00:17:39 – On fiction and factfulness 00:19:20 – Cycling as meditation 00:20:23 – The only thing that matters is impact ABOUT ADRIAN AOUN Adrian Aoun is the founder and CEO of Forward, which is building an insurance-free healthcare system focused on preventative healthcare from the ground up. Forward was founded in 2017 to invert the typical model of healthcare. Where most healthcare follows the service model, where one patient sees a single doctor only when they need care, Forward is building healthcare focused on health and preventative care. It's productized so you can use it anytime, anywhere. It's scalable so it's affordable for everyone and always on with help available through Forward's app, as well as a network of doctors' offices around the United States, which might sound like, well, how healthcare should have been all along, which is the goal. In this episode, Adrian shares why he's so fanatical about being problem-focused rather than solution-focused and how he runs problem-centric brainstorms at Forward, where the goal is to beat up on other people's ideas in the name of getting to the best ideas. What he learned working with Sergey Brin and Eric Schmidt at Google, as well as the other advisors on the President's Council of Advisors on Science and Technology, why modern fitness wearables are broken, and why Adrian thinks we need to build tools to tell people what to do with that data, not just share the data with them.
In Episode #118, we explore healthcare as a product rather than a service. We're joined by Adrian Aoun, Forward's CEO and Founder, and we cover why healthcare should be a product, not a service, being problem-oriented as a founder, and why the health insurance industry is destined to fall. “Solutions don't really matter. Problems matter.” – Adrian Aoun EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/forward-adrian-aoun FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/forward-adrian-aoun-transcript CHAPTERS This episode is our definitive guide to healthcare as a product rather than a service. In it we cover: 00:00:00 – Introduction 00:02:37 – From Google to Forward 00:09:01 – Why founders should be problem-oriented 00:12:31 – Advising the President on the future of technology 00:17:22 – The root problem of the healthcare industry 00:25:24 – Why healthcare should be a product, not a service 00:30:01 – The imminent fall of health insurance 00:35:06 – Does the healthcare system really matter? 00:45:47 – Why medical specialties don't make sense 00:55:02 – How Forward is a mission that happens to have a company attached to it ABOUT FORWARD Adrian Aoun is founder and CEO of Forward, which is building an insurance-free healthcare system focused on preventative healthcare from the ground up. Forward was founded in 2017 to invert the typical model of healthcare, which follows the service model where one patient sees a single doctor whenever they need care. Forward is building healthcare focused on health and preventative care that's 1) productized so you can use it anytime, anywhere, 2) scalable so it's affordable to everyone, and 3) always on with help available through the Forward app and a network of offices around the US. This might sound like, well, how healthcare should have been all along, which is the goal. This episode is a special one. In it we cover why Adrian is fanatical about being problem-focused rather than solution-focused, what he learned leading special projects for Sergey Brin at Google, and why Forward is focused on productizing healthcare to bring down the cost of treatments, make healthcare available 24/7, help customers manage all aspects of their health, and increase the pace of innovation and iteration. Adrian shares his perspective on what happens as the percentage of GDP dedicated to healthcare reaches 30% and even 40%, and he talks through how he uses extreme perspectives to pick apart complex issues and come to ground truths.
In Episode #130, we deconstruct Robert Cantwell's peak performance playbook—from their favorite book to the tiny habit that's had the biggest impact on their life. Robert is the Portfolio Manager at Compound Kings. We cover longevity in investing, source documents, and learning from fintwit. “I wish someone told me that who you work with peer-wise is the number one driver of whether or not you enjoy working or not.” – Robert Cantwell EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/robert-cantwell-playbook FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/robert-cantwell-playbook-transcript CHAPTERS In this episode, we deconstruct Robert Cantwell's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. In it we cover: (00:00:00) – Introduction (00:02:13) – Longevity in investing (00:03:37) – Investment philosophy at Compound Kings (00:09:05 – Source documents can level up investment knowledge (00:11:23) – Consuming info vs. processing info (00:14:02) – Key tools and learnings from fintwit (00:16:30) – Who you spend your time with is paramount ABOUT ROBERT CANTWELL Robert Cantwell is Founder of Upholdings and Portfolio Manager of Compound Kings, which is an exchange traded fund focused on investing in compounders. I had Robert Cantwell on last year in episode 23, where he joined me shortly after launching Compound Kings in late 2020. Before founding Upholdings and launching Compound Kings, Robert had an incredible career, both as an operator and an investor. Robert started his career as an analyst at Elevation Partners, which was co-founded by U2's lead singer Bono. He then worked at the long short hedge fund Meru Capital before serving as Everlane CFO for five years. Robert founded Upholdings in 2019 and officially launched Compound Kings in late 2020. In this episode, we cover why Robert is obsessed with how we think, process information and make decisions. The single biggest lessons that Robert has taken away from launching and scaling Compound Kings over the last two years, how being a compounding focused investor is different than being solely growth or value focused, why he skips to the back of investment books and goes straight to the source material to form his own opinions about the contents of the book, the investing tools that he and his team use daily at Compound Kings to beat the S&P 500, and his three-step process for consuming thinking through and ultimately coming to conclusions about everything that he reads.
In Episode #129, Robert Cantwell, Founder & Portfolio Manager of Compound Kings joins us as part of our Outlier Investors series. We discuss the biggest lessons that Robert has learned as an investor and portfolio manager, the top positions in the fund today, and the future of active management. “The investment management business actually looks a lot more like every other business, where there's products, there's marketing, and there's distribution, and you have to be outstanding at all three of those things in order to succeed in this business.” – Robert Cantwell EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/compound-kings-robert-cantwell FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/compound-kings-robert-cantwell-transcript CHAPTERS This episode is our definitive guide to building an ETF business. In it we cover: (00:02:23) – Introduction (00:04:53) – Defining a compounder (growth, profitability, high ROIC) (00:06:22) – Investing in challenging markets (00:14:26) – Robert's thoughts on the rise of active management (00:17:28) – Why so much money is still in mutual funds (00:19:33) – Thematic ETFs and where they can go wrong (00:39:05) – Why investing in public markets is so challenging (00:46:09) – Top three positions in Compound Kings today: Meta, ServiceNow, and Adyen (01:05:35) – What it's like to build an ETF business ABOUT COMPOUND KINGS Robert Cantwell is the Founder of Upholdings and Portfolio Manager of Compound Kings, which is an exchange-traded fund focused on investing in companies often called compounders. Compounders are typically profitable, growing, and generate very high returns on invest capital (ROIC). This is an incredible interview with a true pioneer in the actively managed ETF space. In it, we look back at the top three positions in Compound Kings when Robert and I sat down in early 2021, which feels like a world away, to review the performance of Alibaba, Meta, then Facebook and Berkshire Hathaway. Robert shares the three biggest learnings from the last 18 months including: why you always have to be learning new industries; why you should add a quant to your investment team; and why knowing the people running public companies matters a lot. Robert also walks through his team's thesis on the three largest positions in the fund today, which include Meta, ServiceNow and Adyen. This section of the interview is fantastic so skip ahead and don't miss it if you're short on time. And finally, Robert shares what it's like to build an ETF business scale assets under management and why running an investment business is very similar to an enterprise software business.
Emi Gal shares the lessons he's learned building Ezra, why he tracks 150 different biomarkers, what he's learned doing a Yearly Challenge for the last 14 years, and why he's focused on achieving peak health by 40, and more. As well as the origin story behind his extreme discipline and his advice for others that want to become more disciplined. “To make progress in anything, but especially your health, you just need to nudge behavior a little bit every day. I find that tracking 150 different biomarkers does that quite well for me.” — Emi Gal EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/emi-gal-ezra-20-minute-playbook FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/emi-gal-ezra-20-minute-playbook-transcript CHAPTERS (00:00:00) - Introduction (00:01:27) - Why and How Emi Gal Tracks 150 Different Biomarkers (00:05:50) - How Emi Gal is Reaching Peak Health by The Age of 40 (00:08:54) - The Relationship Between Bone Density and Exercise (00:10:27) - Why Emi Gal Has Done a Yearly Challenge Every Year Since 2008 (00:18:16) - Lessons Learned Studying and Becoming Antifragile (00:22:23) - Lessons Learned from Studying with a World Memory Champion (00:26:56) - Lessons Learned from Interviewing Elderly Americans (00:31:31) - Why People Would Be Surprised at Emi Gal's Discipline (00:34:06) - How to Become More Disciplined (00:39:05) - Emi Gal's Favorite Books: Antifragile and The Patient Will See You Now (00:42:57) - Emi's Advice for His Younger Self: Embrace Optionality Early On ABOUT THE GUEST Emi Gal started his first company, Brainient, when he was just 19. He spent 10 years building Brainient into one of the leading ad-tech companies in Europe before it was acquired by Teads—one of the largest advertising platforms in Europe, with 1.8-billion impressions per month. After working with Hospices for Hope, a non-profit in Romania that builds and operates hospices for terminally ill cancer patients, Emi realized that one of the biggest problems with cancer is the lack of a fast, accurate, affordable way to screen for cancer everywhere in the body. He founded Ezra in 2018 to solve this problem using Magnetic Resonance Imaging (MRI) and Artificial Intelligence. To date, he's reduced the cost of getting a full-body cancer screening by 80% and reduced the time required to get screened by 66%.
Learn how Ezra has brought down the cost of early cancer detection by 80% and the time required to get screened by 66%—all by harnessing the power of AI and Machine Learning to make MRIs an order of magnitude more efficient. As well as how they've built an asset light business in healthcare and what it takes to be a software-centric business within a heavily regulated industry. “I realized that the main reason why people die of cancer is because they found it too late. And the main reason we still find cancer late for people is because there's no easy way to screen for cancer in the body that's fast, accurate, and affordable. And so, I decided to focus on that problem.” — Emi Gal EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/ezra-fast-affordable-cancer-screening-outlier-founders FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/ezra-fast-affordable-cancer-screening-outlier-founders-transcript/ CHAPTERS (00:00:00) - Introduction (00:01:21) - Origin Story of Ezra (00:03:22) - How Ezra Tried 12 Different Ideas Around Cancer Screening (00:08:22) - Screening for Cancer with Ezra vs Best Practices Today (00:11:01) - MRI 101: A Simple Explanation of Magnetic Resonance Imaging (00:14:45) - The Dawn of Proactive Healthcare and The Patient Will See You Now (00:19:58) - The Hippocratic Oath, Doing No Harm, and Early Screening (00:25:09) - How Often Should We All Be Screening for Cancer? (00:28:54) - What It's Like to Get an MRI Scan (00:33:41) - Ezra's Approach to AI and FDA Approval of AI Updates (00:41:06) - Breaking Down Ezra's Asset Light Business Model (00:46:02) - Why the Future of Healthcare is Proactive and Holistic (00:50:36) - The Highs and Lows of Building Ezra (00:54:05) - Lessons Learned Building a Mission Centric Company ABOUT EZRA Ezra was founded in 2018 to build the world's first fast, accurate, and affordable way to screen for cancer everywhere in the body. To do this, they've harnessed the power of Magnetic Resonance Imaging, often called an MRI, and dramatically improved the efficiency of imaging and analyses using Artificial Intelligence and Machine Learning. To date, they've decreased the cost of getting a full body MRI scan by 80% and the time required to get scanned by 66%. Every year, more than 20,000,000 Americans are diagnosed with cancer. Without a fast, accurate, and affordable way to proactively screen the entire body for cancer, many of these diagnoses come too late. For some types of cancer, including colon cancer, once it reaches Stage 4 your chances of survival are just 4%. Ezra's goal is to bring down the cost and time required to get screened for cancer by an order of magnitude—reducing both by 90%+. Ezra is an incredible example of using AI and ML to dramatically improve the effectiveness of an existing technology in order to bring down costs within a critical segment of healthcare. You can save $150 off an Ezra screening by using promo code Outlier150 when checking out on Ezra.com.
In Episode #128, we deconstruct Andrew Herr's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. Andrew is the Founder and CEO of Fount. We cover how the brain acts under stress, commonalities of peak performance, and simple health experiments anyone can try. “You can do incredible things if you are truly dedicated to it and surround yourself with the right people.” — Andrew Herr EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/andrew-herr-playbook/ FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/andrew-herr-playbook-transcript/ CHAPTERS In this episode, we deconstruct Andrew Herr's peak performance playbook—from their favorite book to the tiny habit that's had the biggest impact on their life. In it we cover: 00:00:00 – Introduction 00:02:33 – From polyphenols to trust and mission focus 00:05:04 – How the brain acts under stress 00:10:15 – Simple health experiments everyone can undertake 00:12:59 – Patriotism, giving back, and dedication 00:14:40 – Organizing things into frameworks 00:18:03 – Commonalities of peak performance 00:20:36 – Listening to your circadian rhythm and optimizing breakfast 00:22:09 – The books that changed Andrew's life 00:25:16 – There is no “room of adults” in life ABOUT ANDREW HERR Andrew Herr is the founder and CEO of Fount, which is on a mission to help everyone look, feel, and perform at their very best. Fount offers a highly customized three-month program that's born out of Andrew's work, enhancing the performance of special forces warriors in the U.S. military, including the Navy SEALs. Before founding Fount, Andrew spent seven years running human performance and biotech strategy for the U.S. military special forces. WIRED Magazine described Andrew's work for the U.S. military as giving our soldiers mutant abilities. Andrew holds master's degrees in microbiology and immunology, health physics and security studies. He studied at Georgetown's famed School of Foreign Service in Washington, D.C., and he unsurprisingly comes from a highly decorated and long-serving military family.
In Episode #127, we explore bringing performance secrets from Navy SEALs to the public. We're joined by Andrew Herr, Fount's Founder and CEO. We cover human performance and biotech strategy, the limitations of military power for political goals, and using experiments to improve performance. “The human body is one of the most complex adaptive symptoms out there in the universe.” – Andrew Herr EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/fount-andrew-herr FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/fount-andrew-herr-transcript CHAPTERS This episode is our definitive guide to bringing performance secrets from Navy SEALs to the public. In it we cover: 00:00:00 – Introduction 00:03:42 – Human performance and biotech strategy in the military 00:08:37 – The limits of military power for achieving political goals 00:15:22 – Navy SEALs and performance modalities 00:19:29 – Novelty and social judgment are the two great human stressors 00:21:55 – The premise of Fount and its future goals 00:31:07 – The 10 top goals for users of Fount, and the experiments they run 00:37:58 – The Fount user journey 00:42:28 – Coaching, both human and AI 00:46:36 – Using experimental methodology as a founder ABOUT FOUNT Andrew Herr is the founder and CEO of Fount, which is on a mission to help everyone look, feel, and perform at their very best. Fount offers a highly customized three month program that's born out of Andrew's work enhancing the performance of special forces warriors in the US Military, including the Navy Seals. To start, Fount gathers more than 100 data points about their customers using in-depth blood and urine analysis to explore their metabolism, immune and inflammatory activity, nutrient levels, liver and kidney function, and even cardiovascular markers. Customers are then paired with an ex-special forces coach who gets to know their goals, day-to-day schedule, and even their family history all before kicking off a series of experiments that run for the remaining 15 weeks of the program. Experimentation is a huge component of how Fount approaches their work. And it's part of their goal of helping each customer find what works for them. As part of the program, customers receive their own custom supplement packs with exactly what they need to take each morning, afternoon, and evening all sent from Fount's own custom supplement manufacturing facility. At the end of the program, Fount then offers a support program to make it easy to keep the gains you've made and continue building on them. This includes less frequent blood and urine tests, as well as a continuous supply of your daily supplements.
In Episode #126, we deconstruct Saad Alam's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. Saad is the Founder and CEO of Hone Health. We cover radical transparency, daily gratitude, and constructing a purposeful life. “I think that people that don't believe you can do it all, I think it's a load. And I think you just have to really sit down and engineer your day and your life a little bit more.” – Saad Alam EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/saad-alam-playbook/ FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes//saad-alam-playbook-transcript/ CHAPTERS In this episode, we deconstruct Saad Alam's peak performance playbook—from their favorite book to the tiny habit that's had the biggest impact on their life. In it we cover: 00:00:00 – Introduction 00:02:09 – Fixing healthcare and defining the soul 00:03:47 – Radical transparency and playing in the dirt 00:06:38 – Big swings vs. base hits 00:08:09 – Priorities and daily gratitude 00:10:43 – Confessions of an Economic Hitman 00:12:41 – Understanding markets and emotional intelligence 00:14:28 – Believing in what you do 00:17:59 – An obsession with wellness 00:24:52 – Constructing a purposeful life ABOUT SAAD ALAM Saad Alam is Founder and CEO of Hone, which is creating an entirely new type of healthcare company initially focused on helping men with low testosterone. Saad describes it as helping men age with confidence. Saad is a serial entrepreneur who founded two companies before he founded home. He's completely focused on building mission-driven companies that solve problems that have directly affected him. And he's probably one of the fittest guests I've ever had on the show. His daily routine, from his morning meditation to the way he works out, how he changes the personal trainer he uses every quarter, how he uses everything from an infrared sauna to hyperbaric chamber, is the most intense of anyone I've ever interviewed. In it, we cover Saad's daily health and fitness regimen, from drinking water directly after he wakes up to meditating 10 minutes, two times per day. We talk through all of the equipment he uses, from his infrared sauna to an at home hyperbaric oxygen chamber. Saad shares why he writes down three things he's grateful for every single morning and how that practice shows up when he's burnt out and tired at the end of the day, and being able to remind himself about why he's doing what he's doing.
In Episode #125, we explore testosterone replacement therapy and building a telehealth company. We're joined by Saad Alam, Hone Health's Founder and CEO. We cover the basics of testosterone, the future of health management, and learnings from building a telehealth company. “When people say a good CEO basically works himself out of a job and spends 30 for 40% of his time recruiting, I thought that was a cute kitchen magnet that really probably wasn't real. And the reality is, it actually couldn't be more true.” – Saad Alam EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/hone-saad-alam FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/hone-saad-alam-transcript CHAPTERS This episode is our definitive guide to building and scaling a testosterone replacement telehealth company. In it we cover: 00:00:00 – Introduction 00:02:39 – Saad's background and the genesis of Hone 00:10:12 – Making life whatever you want it to be 00:15:12 – Helping men have confidence as they age 00:18:25 – What is testosterone, and how does it work? 00:24:22 – Non-pharmaceutical treatments for low testosterone 00:27:23 – The risks of high and low testosterone levels 00:32:28 – The patient journey at Hone 00:44:12 – The future of health management 00:50:29 – Learnings from building a telehealth company 00:54:48 – The importance of hiring people who are better than you ABOUT HONE HEALTH Saad Alam is Founder and CEO of Hone, which is creating an entirely new type of healthcare company initially focused on helping men with low testosterone. Saad describes it as “helping men age with confidence.” Low testosterone is an alarming and growing trend, which is why testosterone treatments like Hone are on the rise. Scientific research has shown that for decades now the level of testosterone in men has been declining. The most alarming statistic is that our generation has around 50% less testosterone than our father's generation, who in turn has less testosterone than their father's generation. And the reasons behind this are very complicated, but a large part of it seems to be due to growing environmental and plastic pollution, which have caused the level of heavy metals in our bodies to rise while micro plastics in our blood disrupt the production of testosterone and actually spur the production of estrogen. With this context, you would imagine that it's becoming easier to find out if you have low testosterone and get testosterone treatments if needed, but you would be very wrong, which is why Saad Alam founded Hone and set out to revolutionize the way that men are treated for low testosterone.
In Episode #123, we deconstruct Steve Vassallo's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. Steve is General Partner at Foundation Capital. We cover translating non-human languages, enlightened procrastination, and his insatiable curiosity. “Go deep, go early, go big.” – Steve Vassallo EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/steve-vassallo-playbook/ FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/steve-vassallo-playbook-transcript/ CHAPTERS In this episode, we deconstruct Steve Vassallo's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. In it we cover: 00:00:00 – Introduction 00:03:52 – Translating non-human languages 00:06:35– Having insatiable curiosity and a deep love of building hard things 00:08:27 – Investment philosophy can be distilled down to conviction 00:10:21 – You can always find a way to build something you've already sold, but you can't always sell something you've already built 00:12:08 – Enlightened procrastination 00:14:44 – Thinking, Fast and Slow 00:17:10 – Invest in people you want to work with 00:21:01 – Take stock of what you're granting your attention to ABOUT STEVE VASSALLO Steve Vassallo has been a general partner at Foundation Capital for the last 15 years. At Foundation, he's led the firm's investments in Stripe, Cerebra, Sunrun, Loft Orbital, Solana, and many other incredible firms. Steve is also the author of The Way to Design, which is a guide to how companies of all sizes should approach design. The book is a compendium of interviews with more than 50 designers, design scholars and tech founders who have gotten design right from day one. Steve began his career at IDEO where he worked closely with IDEO's founder, David Kelly, to research design and deliver innovative products and services across industries. Because of Steve's early experiences at IDEO he's drawn to product-centric founders and has a wonderful knack for bringing design and engineering together to create incredible products. In this episode, we cover why Steve has been fascinated with the wicked problems that exist in Crypto and why he thinks we're still in the earliest innings there. He talks about his work with the earth species project, whose goal is to decode non-human language in mammals of all sizes from whales to monkeys. Talks about how he combines insatiable curiosity and a deep love of building hard things in his investing work. He shares his advice for founders and investors, and he shares his favorite books, including why he loves Thinking Fast and Slow and Poor Charlie's Almanack.
In Episode #120, we explore reinventing a well-established venture capital firm. We're joined by Steve Vassallo, General Partner at Foundation Capital. We cover Minimum Awesome Product, the prepared mind vs. open mind, and learnings from tearing down and rebuilding an investment firm. “The best product matters, but it is not what defines a generationally important company.” – Steve Vassallo EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/foundation-capital-steve-vassallo FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/foundation-capital-steve-vassallo-transcript CHAPTERS This episode is our definitive guide to reinventing a venture capital firm. In it we cover: 00:00:00 – Introduction 00:02:39 – From electro mechanical engineering to product design 00:06:22 – Interdisciplinary innovation and missionary misfits 00:10:24 – How investing snuck into Steve's career 00:15:33 – Working at the intersection of building and investing 00:19:24 – A 15-year window into the investment world 00:24:45 – Tearing down and rebuilding an investment firm 00:39:04 – Identifying a firm's turning point 00:41:21 – Going down the rabbit hole of crypto and enticing investors to follow 00:51:35 – The prepared mind vs. open mind 00:54:44 – Building the best product matters, but it doesn't guarantee success 00:57:56 – The Minimum Awesome Product and evolving product-market fit 01:02:07 – Advice for new founders ABOUT FOUNDATION CAPITAL Steve Vassallo is General Partner at Foundation Capital and author of "The Way to Design." In this episode, we explore what it's like to reinvent a venture capital firm. Foundation Capital was founded in 1995, 27 years ago by Bill Elmore, Catherine Gold, and Jim Anderson. One of the foundation's early claims to fame was that it was one of the first investors in Netflix back in the early 2000s. This episode is our definitive guide to reinventing a venture capital firm. In it, we cover Steve's early years bringing design, product, and engineering together at IDEO, and what that taught him about building successful products and companies, the early warning signs he saw that made it clear Foundation Capital needed to be reinvented, how Foundation rediscovered who they were and who they wanted to be as a team, how they changed the way they operated and made investment decisions to giving partners more latitude to invest in the ideas they thought could be massive companies in the years to come, how they began making crypto investments, which led to massive wins in Solana and Brave by making small bets and winning over LP support as the wins added up.
In Episode #111, we deconstruct Illia Polosukhin's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. Illia is the co-founder of NEAR Protocol and Unchain Fund. We cover why context switching is a necessary skill for founders, Illia's recommended books, and the nuance of the Russian language in writing. “Find a mentor who's a few years ahead of you, like not too far, but like two, three years ahead of you, because those are people who still remember what they were doing in your position. And so they will be able to give you the most useful advice.” – Illia Polosukhin EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/illia-polosukhin-playbook FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/illia-polosukhin-playbook-transcript CHAPTERS In this episode, we deconstruct Illia Polosukhin's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. In it we cover: (00:00:00) – Introduction (00:01:59) – Designing social graph in Web3 (00:04:01) – Why context switching is a necessary skill for founders (00:05:51) – Finding mentors who are just a few years ahead of you in business (00:10:56) – Building a great decentralized ecosystem requires high-level, small, agile teams (00:13:29) – Books Illia recommends (00:16:59) – The nuance of the Russian language in writing ABOUT ILLIA POLOSUKHIN Illia Polosukhin is co-founder of NEAR Protocol. NEAR is a layer one blockchain that's incredibly fast, has very low transaction fees and is climate neutral, in part because of its proof of stake model. It's traded on crypto exchanges under the ticker symbol NEAR, and has a market cap of just under $5 billion today. From 2020 through 2021, the developers working in NEARs ecosystem, that's everyone building applications on top of their blockchain quadrupled, making NEAR the second fastest growing chain behind only Solana. In this episode, Illia shares why he loves running daily and how it helps him remember to just put one foot in front of the other to accomplish anything; why he loves the book Extreme Ownership by Jocko Willink and how he applies that principle in his life and work; why he's fascinated with the concept of a social graph and how to build it into the NEAR protocol and why it's so important for building a better world in Web3; why he thinks everyone should find mentors that are two to three years ahead of them in terms of where they'd like to be and why he'd tell his younger self to focus on speed and velocity shipping quickly in everything that he does.
In Episode #108, we explore building a global blockchain that's high-speed, climate neutral, and low-fee. We're joined by Illia Polosukhin, NEAR Protocol's Co-Founder. We cover why proof of stake beats proof of work, how NEAR approached scaling, and how Illia raised more than $10M to help fund aid in war-torn Ukraine. “For me, web3 is not about decentralization. I think decentralization is just a tool. What it is about is low switching costs.” – Illia Polosukhin EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/near-protocol-illia-polosukhin-spotlight FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/near-protocol-illia-polosukhin-spotlight-transcript CHAPTERS This episode is our definitive guide to building a layer-one blockchain that's incredibly fast, has very low transaction fees, and is climate neutral. In it we cover: (00:00:00) – Introduction (00:02:35) – How NEAR Protocol is imagining your world (00:04:46) – Why decentralization is just a tool (00:09:14) – Dethroning monopolies and leveling the playing field (00:14:02) – NEAR Protocol's origin with scaling crowdsourcing (00:20:18) – Lack of intellectual honesty in crypto (00:24:19) – NEAR's approach to sharding (00:31:03) – The importance of bringing the community into decision making (00:37:47) – How the co-founder's role can evolve from centralized to decentralized (00:43:17) – Illia's Web3 mindmap and staying decentralized while preserving privacy (00:46:36) – NEAR's approach to sustainability in blockchain (00:49:46) – Founders: Build credibility and ship fast (00:54:19) – Handling fear and anxiety when building in crypto: Keep calm and build on (00:58:52) – The Unchained Fund and helping Ukraine ABOUT NEAR PROTOCOL Illia Polosukhin is Co-Founder of NEAR Protocol. NEAR is a layer-one blockchain that's incredibly fast, has very low transaction fees, and is climate neutral—in part because of its Proof of Stake model. It's traded on crypto exchanges under the ticker symbol NEAR and has a market cap of just under $5B today. From 2020 through 2021, the developers working in NEAR's ecosystem—building applications on top of their blockchain—quadrupled, making NEAR the second-fastest growing chain behind Solana. Illia is an incredibly impressive founder, but more importantly, he's an incredibly thoughtful engineer, leader, and community builder who has built something incredible slowly and methodically, one step at a time.
In Episode #107, we deconstruct Howie Schwab's peak performance playbook—from their favorite book to the tiny habit that's had the biggest impact on their life. Howie is the Lead Portfolio Manager for Emerging Markets Growth of Driehaus Capital. We cover regime shifts in the market and obsessing over failures. “In terms of how we invest, I think integrating and overlaying macro as well as behavioral components, not simply wedding ourselves to this bottom up, here's our specific template and it's time tested is really important.” – Howie Schwab EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/howie-schwab-driehaus-capital-playbook-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/howie-schwab-driehaus-capital-playbook-transcript CHAPTERS In this episode, we deconstruct Howie Schwab's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. In it we cover: (00:01:41) – Regime shifts in the market (00:06:51) – Learning from investing mentors (00:10:08) – Great investors obsess over their failures (00:12:48) – Advice for young investors (00:16:43) – Howie's investment philosophy (00:24:24) – Challenging yourself ABOUT HOWIE SCHWAB Howie Schwab manages more than 5 billion in emerging market growth funds for Driehaus which is a firm that's based in Chicago and where Howie has worked for the last 20 years. At Driehaus, Howie is the lead portfolio manager for the emerging market's growth. And he's a portfolio manager for the emerging market, small cap equity and emerging markets opportunities.
In Episode #104, we explore emerging markets and the great pendulum shift. We're joined by Howie Schwab, Lead Portfolio Manager for Emerging Markets Growth at Driehaus. We cover the lure of emerging markets, a behavioral focus on investing, and the impact of shifting voting demographics. “I think it's true everywhere, but data shows it's particularly true in emerging markets, which is that the persistence of risk is generally higher than the persistence of return.” – Howie Schwab EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/driehaus-capital-investing-emerging-markets-howie-schwab-spotlight-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/driehaus-capital-investing-emerging-markets-howie-schwab-spotlight-transcript CHAPTERS This episode is our definitive guide to emerging markets and the great pendulum shift. In it we cover: (00:00:00) – Introduction (00:02:20) – Howie's background and work at Driehaus Capital (00:06:52) – The lure of emerging markets (00:12:20) – A behavioral focus in investing (00:19:30) – Seeing patterns and avoiding fraud (00:24:12) – Researching and publishing market analysis (00:43:21) – The state of financial assets today (00:49:41) – The future and financial repression (00:56:42) – The shift in voting demographics and its economic impact (01:02:14) – Advice for investors ABOUT DRIEHAUS Howie Schwab manages more than five billion in emerging market growth for Driehaus, which is based in Chicago, and it's where Howie has worked for the last 20 years. At Driehaus, Howie is the lead portfolio manager for the Emerging Markets Growth, and he's a portfolio manager for the Emerging Markets Small Cap Equity and Emerging Markets Opportunity Strategies. I've learned an enormous amount from Howie, both as an investor and a macro thinker, since I first met him, and I am beyond thrilled to have him on the show to share what he's learned managing many of the world's best performing emerging market funds over the last 20 years.
In Episode #105, we deconstruct Gokul Rajaram's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. Gokul is an angel investor and Product and Business Helper at DoorDash. We cover crypto, international investing, and habits and routines. “I always believe the hierarchy of anyone, any individual should be health, then family, then work. Why not family before health? Because if you're not healthy, you become a burden to your family and you can't help them. So, your health is actually very, very important.” – Gokul Rajaram EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/angel-investor-gokul-rajaram-playbook-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/angel-investor-gokul-rajaram-playbook-transcript CHAPTERS In this episode, we deconstruct Gokul Rajaram peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. In it we cover: (00:01:21) – The evolution of crypto (00:02:44) – Superpowers and struggles (00:06:08) – Inspirations and the importance of exercise (00:08:24) – Recommended books (00:10:19) – Tools and routines (00:12:26) – Defining success (00:14:32) – International investing ABOUT GOKUL RAJARAM Gokul Rajaram is a prolific angel investor in over 300 companies and counting, and an executive at DoorDash, which he joined after DoorDash acquired Caviar from Square in 2019. I was fortunate enough to get to work with Gokul at Square, and I am beyond thrilled to have him on the show today. In this episode, Gokul shares what he thinks his investing superpowers are, why he loved Marc Andreesen's interview on the Good Time Show, why he loves Andre Agassi's book, Open, and the advice he'd give his younger self if he could go back 20 years to the start of his career.
“The best product leaders coach people across the company, not just in their team, and help develop them into the future leaders of the company.” – Gokul Rajaram EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/angel-investor-speed-small-teams-product-management-decision-making-gokul-rajaram-spotlight-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/angel-investor-speed-small-teams-product-management-decision-making-gokul-rajaram-spotlight-transcript CHAPTERS This episode is our definitive guide to product management in small, speedy teams. In it we cover: (00:00:00) – Introduction (00:02:26) – Gokul's background in product management (00:06:58) – Applying a computer science background to product management (00:10:26) – What great product vision looks like (00:16:32) – The product analyst role (00:23:11) – Focusing on controllable inputs (00:26:07) – Experiment design (00:34:54) – Editing vs. managing a product (00:42:50) – S.P.A.D.E. decision making (00:55:18) – Speed in product creation ABOUT GOKUL RAJARAM Gokul Rajaram is part of a new wave of solo capitalists, like Elad Gil and Lachy Groom, that play an outsized role in funding and helping many of the world's best startups. As Gokul says in this interview, his goal is for every founder he backs to say that he's the most helpful investor on the cap table. And if there is another thing that Gokul is known for, it's his expertise around product management and decision making, including the Spade framework he created at Square for making transparent decisions at the highest levels. Spade is now used by many of the world's best startups for large, important, and strategic decisions that need to be made transparently so the whole company understands why the decision was made.
We deconstruct Luke Gromen's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. Luke Gromen is the CEO and Founder of The Forest for the Trees. We cover cognitive dissonance in today's economy and the benefits of early morning writing. “The ability to make the data useful, to interpret the data, to make music out of the data, if you will, I think you're seeing that dynamic across a lot of different sectors and in the economy.” – Luke Gromen EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/fftt-luke-gromen-20mp-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/fftt-luke-gromen-20mp-transcript CHAPTERS In this episode, we deconstruct Luke Gromen's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. In it we cover: 00:00:00 – Introduction 00:01:44 – The cognitive dissonance in today's economy and connecting the dots 00:04:07 – Moving too quickly to the second derivative 00:05:35 – Daily walks and early morning writing 00:10:30 – Learning from Grant Williams and Kiril Sokoloff 00:12:02 – Architecture school and f*ck you money ABOUT LUKE GROMEN Luke Gromen is the CEO and Founder of the Forest for the Trees. Luke publishes a weekly macro research report called Tree Rings, and he's the author of the world renowned Mr. X Interviews Volume 1 and 2. After working as an analyst for 20 plus years, Luke founded the Forest for the Trees in 2014. Luke's Gromen as one of today's best macroeconomic thinkers. His view, which I love, is that as data increasingly becomes commoditized, free thinking becomes priceless. And he's a regular guest on real vision and has been published in a number of newspapers, including the financial times. As someone who's followed Luke's work for years, it was a thrill to finally have him on the show.
We explore inflation, retail investors, precious metals, and Bitcoin. We're joined by Luke Gromen, Founder of The Forest for the Trees. We cover Luke's perspectives on inflation, investing in alternative assets, and interpreting investment data. “My sense of where we are is... we're basically in the first bursting global sovereign debt bubble in 100 years.” – Luke Gromen EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/perspectives-data-analysis-inflation-fftt-luke-gromen-ig-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/perspectives-data-analysis-inflation-fftt-luke-gromen-ig-transcript CHAPTERS This episode is our definitive guide to inflation, retail investors, precious metals, and Bitcoin. In it we cover: 00:00:00 – Introduction 00:02:02 – Luke's experience as an analyst at investment research firms 00:09:37 – Interpreting and presenting investment data 00:12:05 – How Luke started The Forest for the Trees 00:17:22 – Luke's take on the current financial climate 00:20:34 – The importance of owning assets in today's climate 00:23:58 – Perspectives on inflation 00:41:15 – Investing in alternative assets 00:50:54 – Gold and Bitcoin 00:54:53 – Recommended books and resources ABOUT THE FOREST FOR THE TREES Luke Gromen publishes a weekly macro research report read by institutional and individual investors alike, called Tree Rings. And he's also the author of Mr. X Interviews volume one and two. After working as an analyst for 20 plus years, Luke founded the Forest for The Trees in 2014. Luke is known as one of today's best macroeconomic thinkers. His view is that as data becomes increasingly commoditized, free thinking becomes priceless. And that's exactly why I wanted to have him on the show. After an incredibly tumultuous 2021, I wanted to sit down with Luke to get his thoughts on the last year, the road ahead, and some of the toughest challenges we're facing today, from a multi decade high in inflation to shifts in how we collectively think about money.
We explore why and how to invest in gold. We're joined by Simon Mikhailovich, Co-Founder of The Bullion Reserve. We cover cycles of financial euphoria, the three ways to get out of debt, and whether people should invest in gold ETFs. “The most important thing is that technology evolves, but people don't. That's the biggest lesson of history—humans don't change.” – Simon Mikhailovich EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/simon-mikhailovich-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/simon-mikhailovich-outliers-transcript CHAPTERS This episode is our definitive guide to why and how to invest in gold. In it we cover: (00:00:00) – Introduction (00:01:32) – Simon's thoughts on gold's role in the current financial market (00:08:37) – Why gold is important at this moment in time (00:15:48) – Cycles of financial euphoria (00:20:33) – The three ways to get out of debt (00:26:31) – Why holding physical gold is different and better than savings in other forms (00:32:12) – Gold is the ultimate insurance for bad financial outcomes (00:38:42) – Gold vs. other precious metals, and how gold is nature's Bitcoin (00:46:42) – Gold has no impairment risk or counterparty risk, and making money vs. preserving wealth (00:59:01) – How Simon has maintained an outlier point of view over time ABOUT THE BULLION RESERVE The Bullion Reserve enables investors to hold physical gold in secure locations all around the world.
We explore becoming a better writer. We're joined by Verlyn Klinkenborg, author and Yale professor. We cover learning from farm life and work, finding rhythm in writing, and debunking writing cliches. “So what I do now is essentially help students escape from their education. That's my enterprise every year. And it's always fun, because they escape quite readily. They all know that what they're making in their classes is an artificial product that doesn't actually have any particular interest for anyone except them.” – Verlyn Klinkenborg EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/verlyn-klinkenborg-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/verlyn-klinkenborg-outliers-transcript CHAPTERS This episode is our definitive guide to becoming a better writer. In it we cover: (00:00:00) – Introduction (00:01:54) – Rural life and the “home place” (00:04:50) – Raising animals and eating meat (00:11:07) – Learnings from farm life and work (00:15:35) – Verlyn's reading habits (00:28:40) – Verlyn's book Several Short Sentences About Writing (00:34:49) – What is academic prose? (00:40:08) – Why people should use shorter sentences in writing (00:44:43) – Finding rhythm in writing (00:48:49) – Self authorization and noticing the world around you (00:55:26) – Writing cliches that are untrue (01:06:43) – Writing is rooted in experience more than language ABOUT SEVERAL SHORT SENTENCES ABOUT WRITING Verlyn Klinkenborg teaches creative writing at Yale University, and was a member of the editorial board of The New York Times for 16 years. His work has been featured in The New Yorker, Harper's Magazine, Esquire, and National Geographic, and he has authored several books, including Several Short Sentences About Writing. This book aims to debunk general cliches about writing and creativity and remove obstacles keeping us from clear self-expression.
We explore investing in buy-and-build compounders in public markets. We're joined by Dan Roller, Founder and CIO of Maran Capital. We cover how building investment knowledge is like training for the Ironman, the value vs. growth debate, and investing in SPACs. “What you need to do, I think, is constantly update your thesis as you go, which can allow for longer holding periods, because things do change. And at the same time, I go into investments with a multi-year horizon—but my thesis might be disproven fairly quickly.” – Dan Roller EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/dan-roller-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/dan-roller-outliers-transcript CHAPTERS This episode is our definitive guide to investing in buy-and-build compounders in public markets. In it we cover: (00:00:00) – Introduction (00:01:50) – MOI Global and Dan's start in the investment world (00:11:20) – The formation of Maran Capital (00:14:59) – Choosing your hunting ground and creating structural advantages (00:21:21) – Researching and choosing companies to invest in (00:28:27) – How building investment knowledge is like training for the Ironman (00:32:17) – Examples and basics of buy-and-build companies (00:41:04) – How buy-and-build can go wrong (00:51:40) – The value vs. growth debate (00:54:57) – Investing in SPACs (00:58:06) – Thesis drift and mental models (01:02:21) – Resources for learning about investing ABOUT MARAN CAPITAL Dan Roller is Founder and CIO of Maran Capital Management, a boutique, values-driven investment manager that I've been following intently for the last few years. I love the way that Dan sees the world, and I never miss reading one of his investor letters. In this episode, we go deep on how becoming a better investor is similar to training for an Ironman competition, why Dan focuses on what he calls buy and build companies and some of his favorite historic and recent examples there, his approach to investing in special situations and what defines a good or bad opportunity. I get his thoughts on SPACs and why he sees some interesting opportunities in the world today. Dan is a remarkable investor. Before he founded Maran Capital management in 2015, he worked as an analyst for over a decade at firms like Credit Suisse First Boston, Impala Asset Management, Avesta Capital Advisors, and Scopus Asset Management.
We explore the world's least sexy $500M business. We're joined by Carey Smith, Founder of Big Ass Fans. We cover the importance of humor in business, receiving and listening to feedback, and Carey's investment philosophy with Unorthodox Ventures. “I think in some ways it's trite, but you really do learn an awful lot from failures. And the other thing you get from a failure—or certainly I did—was the fear of completely wasting my life. That was a much greater fear—to imagine that you wouldn't accomplish much of anything was just more than I could bear and what it moved me to was looking for other opportunities.” – J. Carey Smith EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/carey-smith-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/carey-smith-outliers-transcript CHAPTERS This episode is our definitive guide to building the world's least sexy $500M business. In it we cover: 00:00:00 – Introduction 00:01:17 – Carey's childhood and first forays into business 00:06:24 – What Carey learned from the failure of his first company 00:11:42 – How Carey started Big Ass Fans 00:21:00 – Why humor is so important in business and customer service 00:32:46 – Focusing on excellent quality when selling a higher-priced product 00:36:51 – Receiving and listening to feedback to constantly improve a company 00:45:40 – Carey's investment philosophy with Unorthodox Ventures 01:01:41 – Inspiration from one of Carey's first supervisors ABOUT BIG ASS FANS AND CAREY SMITH Carey Smith is the Founder of Big Ass Fans, a business that he built from the ground up and scaled for nearly 20 years before selling for $500 million in 2017. Since then, he's founded Unorthodox Ventures, where he backs extraordinary founders and helps them scale their companies faster, using all of what he learned building Big Ass Fans. We go deep on a bunch of interesting topics, including lessons learned scaling Big Ass Fans, why it's important to deeply understand the people purchasing your product, not just those enjoying it, and building lucrative businesses in unsexy markets.
In Episode #16, we explore The Chemistry of Fire: Essays with the author, Laurence Gonzales. We cover an adventure story of ice climbers on Mount Washington, the importance of rules and systems for decision making, and Laurence's work with the Santa Fe Institute. “There's no way to stop these accidents from happening, but there's a way to stop them from happening to you.” – Laurence Gonzales EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/laurence-gonzales2-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/laurence-gonzales2-outliers-transcript CHAPTERS This episode is our definitive guide to The Chemistry of Fire. In it we cover: (00:00:00) – Introduction (00:01:32) – The concept of the chemistry of fire (00:05:06) – An adventure story of ice climbers on Mount Washington (00:06:57) – Why people keep going when they know they should turn back (00:15:54) – The importance of rules and systems for decision making (00:21:32) – The survival of a cross-country skier after a major mishap (00:27:32) – Laurence's work with the Santa Fe Institute (00:34:02) – Words of wisdom for 2021 ABOUT THE CHEMISTRY OF FIRE Laurence Gonzales is the author of The Chemistry of Fire: Essays. In our previous conversation, we discussed Laurence's best selling book, Deep Survival, on who lives, who dies, and why. It's an incredible book, and it's filled with so many parallels to the worlds of business, investing, and peak performance. So when Laurence told me that he had a new book coming, I couldn't resist the urge to pick his brain one more time.
We explore Deep Survival: The Incredible Neuroscience of Survival, Who Lives, and Who Dies. We're joined by Laurence Gonzales, best-selling author. We cover habits during emergencies, practicing for disaster, and safety in the airline industry. “All accidents are the same. You kind of have to put them together from pieces. They don't just happen. You have to assemble them.” — Laurence Gonzales EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/laurence-gonzales-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/laurence-gonzales-outliers-transcript CHAPTERS This episode is our guide to Deep Survival by Laurence Gonzales. In it we cover: 00:00:00 – Introduction 00:01:49 – How Laurence's father's survival of a World War II plane crash inspired his interest in survival themes 00:06:18 – How habituation and the brain-body complex work together 00:20:57 – Laurence's views on arming police with military gear 00:24:26 – The concept of hot cognition in times of stress 00:31:28 – PTSD minus the D 00:51:35 – Safety in the airline industry 01:01:48 – The human brain on the “night shift” 01:06:07 – The Santa Fe Institute and Laurence's work there ABOUT DEEP SURVIVAL AND LAURENCE GONZALES Laurence Gonzales started his career as a journalist and earned a Distinguished Service Award from the Society of Professional Journalists. He then went on to become an editor for multiple magazines, including Playboy back in the day. And he won two national awards from the American Society of Magazine Editors for his work on National Geographic's Adventure magazine. He's the bestselling author of multiple award winning books. He was awarded the Montaigne Medal from the Eric Hoffer Society in 2018, and won the prestigious Eric Hoffer Award in both 2018 and 2019. He has also been a Miller scholar at the illustrious Santa Fe Institute.
We explore building the Apple Design Award-winning apps Halide and Spectre with Sebastiaan de With, Co-Founder and designer at Lux. We cover bridging the gap between visual design and product design, growing from one camera app to a photography company, and advice for those interested in creating and selling an app. “We will see the landscape littered with the burnt out husks of people that love their passions, but burn so bright that they burn out. And it is so, so valuable to give yourself time, to take a break, to reflect and to realize, ‘these are my passions—how can I healthily pursue them?'” – Sebastiaan de With EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/sebastiaan-de-with-outlier-academy-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/sebastiaan-de-with-outlier-academy-transcript CHAPTERS This episode is our definitive guide to building Apple Design Award-winning apps. In it we cover: (00:00:00) – Introduction (00:02:03) – Sebastiaan's early introduction to designing icons with HP, Apple, and doubleTwist (00:09:23) – Apple as a workplace of incredible learning, punishingly hard work, and in depth design processes (00:17:35) – Bridging the gap between visual design and product design (00:19:53) – The making and success of Sebastiaan's first camera app, Halide (00:29:28) – How passion relates to success (00:31:36) – Growing from one camera app to a photography company (00:33:34) – Physicality and attention to detail in digital design (00:45:04) – Advice for those interested in creating and selling an app (00:48:08) – Whether we should follow our passions in business, and how to nurture them (00:54:48) – Sebastiaan's favorite failures and the definition of success ABOUT SEBASTIAAN DE WITH AND LUX Aside from being an incredible designer, Sebastiaan has built one of the world's most successful, independent iOS app businesses with Lux. And it all started in 2017 when Ben Sandofsky and Sebastiaan launched their first app Halide, which went on to top the charts in the App Store and win Apple's App of the Year Award. Halide makes it incredibly easy to capture and edit beautiful, raw photos, right on your iPhone and now your iPad. They followed that up with the release of Spectre, which makes it easy to take long, exposure photos, which also topped the App Store and won them a second App of the Year Award. All of Lux's apps are centered around photography, and they're building a next-generation camera company.
We explore finding, owning, and loving your voice. We're joined by Jessica Hansen, In-House Voice Coach at NPR. We cover finding and honing the perfect NPR voice, techniques for finding your best voice, and Jessica's voice coaching practice. “Your voice is your instrument and you are a professional voice user. — Jessica Hansen EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/jessica-hansen-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/jessica-hansen-outliers-transcript CHAPTERS This episode is our definitive guide to finding, owning, and loving your voice. In it we cover: 00:00:00 – Introduction 00:01:30 – How Jessica became interested in voice through theater 00:04:29 – Jessica's work at NPR 00:09:13 – On finding and honing the perfect NPR voice 00:21:55 – Techniques on controlling your nerves before speaking, including breathwork 00:26:47 – The building blocks of voice 00:30:02 – Jessica's voice coaching process, from beginner to advanced levels 00:38:47 – Simple but effective tips for finding your best voice 00:51:02 – Recommendations for resources on the voice ABOUT JESSICA HANSEN As an actress, Jessica Hansen has appeared on hit TV shows like Parks and Rec and Veep. And as a vocal coach, she works at NPR, where she helps all of NPR's on-air talent to sound incredible. In the lead-up to launching Outlier Academy, I was lucky enough to work with Jessica, and she helped me finally get comfortable and confident with my own voice. And that's exactly why I wanted to have her on the show. We go deep on how to find and own your voice, overcoming your fear of speaking publicly, why the best voices are often the quirkiest, and how to sound interesting, as well as why that's important. If you've ever struggled with your own voice, this episode is for you.
We explore managing $1.8 billion in wealth, investment philosophy, and teaching kids about money. We're joined by Brandon Johnson, CEO of JFG Wealth. We cover keys to successful family wealth management, the spectrum of risk and returns, and diversification and recency bias. “Once we have a starting point and a target, we can start to evaluate, do we turn left, do we turn right? How do we measure success? Then that dynamic process never stops." – Brandon Johnson EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/brandon-johnson-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/brandon-johnson-outliers-transcript CHAPTERS This episode is our definitive guide to investment philosophy and wealth management. In it we cover: (00:00:00) – Introduction (00:02:27) – History of the Johnson Financial Group (00:10:19) – Brandon's path to wealth management (00:14:39) – What is a family office? (00:23:16) – Keys to successful family wealth management (00:38:08) – Teaching kids about saving, investing, and giving back (00:48:05) – JFG's process for working with new families (01:01:13) – The spectrum of risk and returns (01:09:40) – Diversification and recency bias (01:17:10) – Defining success ABOUT JFG MULTI-FAMILY OFFICE Brandon Johnson is the CEO of JFG Wealth, where Brandon and his team manage over $1.8 billion for ultra high net worth families across the United States. Before taking a hard left turn into the world of investing, Brandon first trained as a chef at Le Cordon Bleu Culinary Institute in Paris. He also serves on the board of trustees for the University of Denver and the Children's Hospital of Colorado.
We explore the past, present, and future of Asia with Kevin Kelly, author of Vanishing Asia: A Masterclass on the Past, Present, and Future of Asia. We cover Kevin's travel in Asia and how he viewed its changes over time, his thoughts on how to embrace the future while retaining cultural values and beauty, and understanding the nuances of Asia and the power it will hold in the future. “Don't try to be the best; try to be the only. If at all possible, you want to be doing something that you have trouble describing because there's not a name for it. That's a sign that you are working in the territory of the only." – Kevin Kelly EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/kevin-kelly2-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/kevin-kelly2-outliers-transcript CHAPTERS This episode is our guide to the past, present, and future of Asia. In it we cover: (00:00:00) – Introduction (00:01:44) – The full-time job of managing a Kickstarter campaign (00:08:29) – The “1,000 true fans” concept (00:22:39) – Art by the pound and writing out loud (00:26:14) – The process of creating, compiling and culling photographs for Vanishing Asia (00:38:27) – The photos in Vanishing Asia that resonate the most with Kevin (00:44:45) – Kevin's travel in Asia, and how he viewed its changes over time (00:51:59) – Kevin's thoughts on how to embrace the future while retaining cultural values and beauty (00:58:49) – How Kevin's travel in Asia has affected his life (01:06:41) – Understanding the nuances of Asia and the power it will hold in the future ABOUT VANISHING ASIA Kevin Kelly's new book, Vanishing Asia, features over 1,000 pages with 9,000 images from his hundreds of trips to remote places in Asia over the last 49 years.
We explore technology's origins, what technology wants, and advising Steven Spielberg on Minority Report. We're joined by Kevin Kelly, founding executive editor of WIRED. We cover what technology wants, Magic Leap and virtual worlds, and Kevin's work on Minority Report.. “What is this thing we call technology? In the cosmological sense, like, where does it fit in? How does it relate to life? And my current summary would be that it is an extension of life and therefore is not contrary to life. It's an extended version of life—and that gives me hope, because it means that we can always make a greener version of whatever we make.” – Kevin Kelly EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/kevin-kelly-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/kevin-kelly-outliers-transcript CHAPTERS This episode is our definitive guide to technology's origins, what technology wants. In it we cover: (00:00:00) – Introduction (00:01:38) – The turning point for Kevin's relationship with technology (00:06:32) – What technology wants (00:12:05) – General purpose vs. specialized technology (00:17:49 – Kevin's start with Wired magazine (00:25:59) – Magic Leap and virtual worlds (00:34:19) – Kevin's work on Minority Report (00:39:03) – Kevin's newsletter, Recomendo ABOUT KEVIN KELLY AND WIRED Kevin Kelly was the Founding Executive Editor at WIRED magazine and is the author of multiple bestselling books, including What Technology Wants and the New York Times bestseller The Inevitable: Understanding The 12 Technological Forces That Will Shape Our Future. His perspectives of science and technology have been featured in the New York Times, The Economist, and Time Magazine. Kevin helped shape the world of Minority Report as a futurist advisor to Stephen Spielberg, and he helped dream up the gestural interface shown in the film, which is something we talk about a little bit in the interview. Today, Kevin publishes a weekly newsletter called Recomendo as well as the weekly podcast, Cool Tools.
We explore space manufacturing, microgravity, and building factories in outer space. We're joined by Delian Asparouhov, Co-Founder of Varda Space Industries. We cover leaning into your superpowers when investing, common mistakes in venture capital, and problem solving with space manufacturing. “Trust is not what makes successful co-founding relationships. Having the world-class skillset that you need to succeed is what will then form that trust that will allow you to succeed.” – Delian Asparahouv EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/delian-asparouhov1-outlier-academy-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/delian-asparouhov-outlier-academy-transcript CHAPTERS This episode is our definitive guide to space manufacturing and building factories in space. In it we cover: 00:00:00 – Introduction 00:02:43 – Delian's background in robotics and path to entrepreneurship 00:07:32 – Mentorship from Jack Dorsey and Keith Rabois 00:21:43 – Leaning into your superpowers when investing 00:25:01 – Cultivating optimism in investing 00:29:29 – Common mistakes in venture capital 00:33:48 – Incubating a company 00:38:59 – Getting started in the space industry 00:42:09 – What is a space factory? 00:45:38 – Problem solving with space manufacturing 00:51:35 – Exciting changes in the space industry 00:55:43 – Recommended resources in the space industry ABOUT VARDA SPACE INDUSTRIES Varda Space Industries is building the world's first space factories. You heard that right, literally factories in outer space, all for earthbound products. What Varda is building, literally wouldn't have been possible even two, three, maybe five years ago, but as launch costs to get mass up to low earth orbit have come down at an incredible pace, it's unlocked the next wave of innovation, including new players and possibilities like what Varda is building with their space factories.
We explore building a media brand to cover the business and policy of space. We're joined by Mo Islam, Payload's Co-Founder, who talks with us about becoming the number one resource for space industry news. We cover everything from lowering the costs of space travel to why we are in the middle of the next space race. “Very simply, we are living in the next space race, and it's going to have huge implications for the way we built technology, the way we spend dollars in military.” – Mo Islam EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/payload-mo-islam FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/payload-mo-islam-transcript CHAPTERS This episode is our definitive guide to building a media brand to cover the business and policy of space. In it we cover: (00:00:00) – Introduction (00:02:36) – How Payload focuses on the business and policy of space (00:10:54) – How Elon Musk has changed the space race (00:15:17) – Aerospace and defense go hand in hand (00:18:11) – Earth imaging illuminates the atrocities of war (00:19:36) – We are living in the next space race (00:22:52) – SPACs and space (00:28:57) – How we'll move from government to commercial spending in space (00:33:11) – Reusable second stages and lowering the costs of space exploration (00:36:59) – What scaling Starlink could mean for space travel (00:39:40) – Launching a media brand and the importance of voice (00:43:32) – Making Payload the most important voice in the space discussion (00:51:49) – Learning from feedback and embracing boredom ABOUT MO ISLAM Mo Islam is the co-founder of Payload Space, which is building a media empire dedicated to covering the business and policy of space, as in outer space. We discovered Payload and immediately subscribed to their daily newsletter after it was recommended by Delian Asparouhov, co-founder of Varda Space Industries, in episode 71. We asked Delian what newsletters and websites he used to stay on top of everything going on in space, and he had only one answer: Payload Space. In this episode, we go deep on why we're at an inflection point when it comes to space and how that was unlocked, at least in the U.S., largely by SpaceX, which has brought down the price to get a unit of mass up to low Earth orbit by order of magnitude. We cover the outsized role the military and defense departments play as customers for space companies, ranging from Earth imaging to satellite manufacturing startups. We talk about the space companies that Mo thinks are the most underrated, as well as how Payload is building a media empire, starting with what Mo calls The Modern Homepage, which is their daily newsletter. We discuss how Payload crafted a compelling voice and editorial style in an old school and relatively stodgy industry, making space cool to read and learn about.
We're joined by Mo Islam, Payload's Co-Founder. We cover lessons we can learn from the Apollo space era, why killing them with kindness is the best option, and why founders should stay focused on what they love. “Hubris kills startups and humility saves them. No matter what your success level is or may not be, it's really important to always be humble about what you're building and what you're doing because it can change at the drop of a hat.” – Mo Islam EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/mo-islam-playbook FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/mo-islam-playbook-transcript CHAPTERS In this episode, we deconstruct Mo Islam's peak performance playbook—from their favorite book to the tiny habit that's had the biggest impact on their life. In it we cover: (00:00:00) – Introduction (00:01:40) – Clearing up misconceptions about space (00:03:06) – Kill them with kindness, embrace the boredom (00:05:30) – Learning from Phillippe Laffont and Engines That Move Markets (00:07:33) – Hubris kills startups; humility saves them (00:09:18) – Focus on what you love (00:12:02) – Learning from the Apollo era (00:13:15) – Relying on to-do lists and the Notes app (00:15:53) – Do what matters, change people's lives for the better ABOUT MO ISLAM Mo Islam is co-founder of Payload, which is building a media empire dedicated to covering the business and policy of space, as in outer space. We discovered Payload and immediately subscribed to their daily newsletter after it was recommended by Delian Asparouhov, co-founder of Varda Space Industries, in Episode 71. We asked Delian what newsletters and websites he used to stay on top of everything going on in space, and he had only one answer: Payload Space. Mo Islam has a fascinating background in finance, having worked at J.P. Morgan and Deutsche Bank before co-founding Payload. In this episode, Mo shares why hubris kills startups and humility saves them, what he's learned from incredible investors like Philippe Laffont at Coatue, and why he loves the book Engines That Move Markets, which we had never heard of but immediately ordered after recording this episode with him.
We explore building the Berkshire Hathaway of outer space. We're joined by Dylan Taylor, Founder and CEO of Voyager Space Holdings. We cover the evolution of space technology, private space companies vs. the government, and exciting innovations in the space industry. “I'm in the camp that is super passionate about space as a tool for transformation. So what energizes me is getting humans into space.” — Dylan Taylor EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/dylan-taylor-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/dylan-taylor-outliers-transcript CHAPTERS This episode is our definitive guide to building the Berkshire Hathaway of outer space. In it we cover: 00:00:00 – Introduction 00:01:55 – How Dylan's work in space began after reading The Last Lecture 00:09:22 – Dylan's early investments in and the evolution of space technology 00:17:25 – How re-usability and privatization has expanded space technology 00:39:05 – Why Dylan founded Voyager Space Holdings 00:49:52 – Space industry standards and the creation of the Voyager Space IP Exchange 00:54:35 – Private space companies and their relationship with government agencies 01:09:58 – Exciting innovations in the space industry 01:16:06 – How anyone can become involved in space industry and exploration ABOUT DYLAN TAYLOR AND VOYAGER SPACE HOLDINGS In 2019, PitchBook named Dylan Taylor one of the top 10 investors in space and space technology. While SpaceX, Virgin, Galactic, and Blue Origin have taken off in recent years, Dylan's been investing in outer space for over a decade. First, as an angel, and now as CEO of Voyager Space Holdings, where he's building the Berkshire Hathaway of space holding companies. Dylan has also served as the CEO of a public company, he's been on numerous boards, and he runs his own space-focused nonprofit called Space for Humanity. Dylan is a wealth of wisdom, and this episode is a masterclass on the past, present and future of outer space.
Joey Cofone shares the lessons he's learned as an award-winning designer, the Founder & CEO of Baronfig, and the author of The Laws of Creativity, including why he's fascinated with the juxtaposition between skill and renown, how he worked with James Clear to design the Clear Habit Journal, why experimentation is Baronfig's most important value, how rock bottom taught him how to take risks, and so much more. “There's a stereotype of creatives, which is that they're just flying by the seat of their pants. I'm here to tell you that it's absolutely not true. We need to separate that from what creativity is. We need to decouple this ridiculous stereotype so that more people can blossom creatively.” — Joey Cofone EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/joey-cofone-playbook FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/joey-cofone-playbook-transcript CHAPTERS (00:00:00) - Introduction (00:01:08) - Wrestling with Skill vs Renown (00:02:57) - Why People Would Be Surprised at Joey Cofone's Daily Discipline (00:04:04) - Why Joey Cofone Has Been Tracking His Habits for 13 Years (00:05:21) - Joey Cofone's Favorite Baronfig Products (00:07:23) - How Joey Cofone and James Clear Designed the Clear Habit Journal (00:10:46) - The Laws of Creativity by Joey Cofone in 90 Seconds (00:12:51) - How Rock Bottom Taught Joey Cofone How to Take Risks (00:16:07) - Why the Most Important Value at Baronfig is Experimentation (00:22:08) - Joey Shares His Favorite Books Including Radical Candor and The Phantom Tollbooth (00:23:47) - Joey Cofone's Favorite Advice From His Barber and Malcom Gladwell (00:26:11) - How Joey Cofone Learns From Failure at Baronfig ABOUT THE GUEST Joey Cofone is the Founder & CEO of Baronfig and an award-winning designer and entrepreneur. His work has been featured in Fast Company, Bloomberg, New York Magazine, Bon Appétit, Quartz, Mashable, Gizmodo, and Print, among others. Joey was named a New Visual Artist and, separately, Wunderkind designer by Print magazine. He strives to make work that appeals to curious minds—work that's beautiful, smart, and communicative. He believes that design is the least of a designer's worries, that story is at the heart of all tasks, and jumping off cliffs is the only way to grow.
We deconstruct Marc Champagne's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. Marc is the author of Personal Socrates: Questions That Will Upgrade Your Life from Legends & World-Class Performers. We cover breathwork, the dialogue about mental health, and building a life wiki with Notion. “The thing that lights me up the most is leaving people with more energy after conversation than when they came in.” – Marc Champagne EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/marc-champagne2-outlier-academy-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/marc-champagne-outlier-academy-transcript CHAPTERS In this episode, we deconstruct Marc Champagne's peak performance playbook—from his favorite book to the tiny habit that's had the biggest impact on his life. In it we cover: 00:00:00 – Introduction 00:00:45 – The current dialogue around mental health 00:01:27 – Being a source of energy for others 00:03:26 – Trusting the journey 00:05:05 – Breathwork and questioning medications 00:14:22 – The Notion Life Wiki 00:16:22 – Success is waking up happy and motivated ABOUT MARC CHAMPAGNE Marc Champagne is author of Personal Socrates: Questions That Will Upgrade Your Life from Legends & World-Class Performers. A self-proclaimed Mental Fitness Strategist, Marc is a speaker and corporate trainer and hosts the top 50 podcast, Behind the Human. Marc previously co-founded the journaling app (KYO) which reached 86.9 million people.
We explore self-reflection, self improvement, and the Socratic Method. We're joined by Marc Champagne, author of Personal Socrates. We cover building a mental fitness practice, simplifying the Socratic method, and the writing process. “You need to understand if you're climbing the right mountain to begin with and understand who you're optimizing to become.” – Marc Champagne EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/marc-champagne1-outlier-academy-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/marc-champagne-outlier-academy-transcript CHAPTERS This episode is our definitive guide to self-reflection, self improvement, and the Socratic Method. In it we cover: 00:00:00 – Introduction 00:01:55 – We are one question away from a different life 00:07:22 – Building a mental fitness practice 00:11:33 – Marc's morning reflection routine 00:16:00 – Behind the Human podcast 00:20:09 – Simplifying the Socratic method 00:28:45 – Profiles and questions in Personal Socrates 00:34:50 – The writing process 00:39:28 – Pausing the autopilot of life and work ABOUT PERSONAL SOCRATES Personal Socrates is filled with profiles of incredible people from Cal Fussman and Robin Williams to Kobe Bryant and Maya Angelou. Each chapter contains a short profile along with a few clarifying questions you can ponder and use as a journaling prompt, questions like how could I be clearer in fewer words or my personal favorite from Cal Fussman, how can I be the most curious person in the room? This is the first book published by Baron Fig.
We explore how failure can be your key to success. We're joined byBrian Scudamore, Author & Founder of 1-800-GOT-JUNK. We cover embracing competition, bouncing back from struggles, and turning down a buyout offer. “A brand is a selection of promises that we make and keep.” – Brian Scudamore EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/800-got-junk-failure-can-be-key-to-success-brian-scudamore-spotlight-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/800-got-junk-failure-can-be-key-to-success-brian-scudamore-spotlight-transcript CHAPTERS This episode is our definitive guide to using failure as a key to success. In it we cover: 00:00:00 – Introduction 00:02:22 – How Brian's grandparents influenced his path to entrepreneurship 00:04:41 – The birth and growth of 1-800-GOT-JUNK 00:09:35 – The power of a brand 00:16:33 – Creating a franchise 00:21:45 – Embracing competition 00:026:00 – Bouncing back from struggles 00:33:55 – Turning down a buyout offer 00:39:24 – Growth over time as an entrepreneur ABOUT WILLING TO FAIL (WTF) Entrepreneurship is a roller coaster of trial and error, laughter and tears, confusion and triumph. In WTF?! (Willing to Fail), serial entrepreneur Brian Scudamore takes you on an adventure that will convince you once and for all that you have exactly what it takes to succeed. With engaging stories from his thirty-plus years of failing upward, his book is full of lessons you can apply to your own endeavors—developing a clear vision, creating an awesome culture, finding gratitude in challenging times, and using setbacks to change your business for the better. Being an entrepreneur means letting go of fear. WTF?! (Willing to Fail) gives you the encouragement and wisdom you need to begin stumbling toward greatness.
Ep. 71 — A failed apprentice farmer turns into a renowned futurist / Thomas Frey, Founder and Executive Director, DaVinci Institute & Co-host, Futurati Podcast Born on a grain farm in South Dakota, Thomas Frey was an unlikely candidate to become a world-renowned futurist and public speaker. But then one day, when he was four years old, Frey's parents received a big mysterious box that would change his life forever. His mom put him on a tractor at age 11 to distract him from the television but Frey would prove to be, in his own words, a “terrible farmer”—because his mind was always elsewhere. In fact, it was in the future. And that's where it has stayed ever since. I was delighted to have a deep conversation with Thomas Frey on the future of the world. He's currently the founder and Executive Director of the DaVinci Institute & Co-host of the Futurati Podcast, with Trent Fowler. Over the past decade, Frey has built an enormous following around the world based on his ability to develop accurate visions of the future and describe the opportunities ahead. Before launching the DaVinci Institute, Frey spent 15 years at IBM as an engineer and designer where he received over 270 awards, more than any other IBM engineer. And if that isn't proof that he's no slacker, Frey also is a past member of the Triple Nine Society (the High I.Q. society for those over the 99.9th percentile). If you liked this episode, check out these other episodes:
Joey Krug is Co-Chief Investment Officer at Pantera Capital, the biggest crypto hedge fund in the world. Joey's AngelList syndicate is also one of the most successful ever. We talk about Urbit as an investment and how to identify underpriced value more generally.Joey Krug✦ Joey on Twitter✦ Pantera CapitalOther Life✦ Subscribe to the coolest newsletter in the world https://OtherLife.co✦ Get a free Urbit ship at https://imperceptible.computerIndieThinkers.org✦ If you're working on independent intellectual work, join the next cohort of https://IndieThinkers.org
Many things have broken in the last few months during crypto's bear market. However, DeFi didn't break. Dan Morehead and Joey Krug explain why. Dan founded Pantera in 2003, then pivoted into cryptocurrency in 2013 and went all in on crypto, and is the firm's CEO. Joey joined Pantera in 2017 as co-CIO and is a seasoned builder/investor in the crypto space. Both repeat Bankless guests and both know more than a thing or two about crypto and investing. ------