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The Rich Zeoli Show- Hour 2: 4:05pm- Breaking News: The House of Representatives has passed a recissions package that will claw back billions of dollars in federal funding to NPR and PBS. The package will now head to the Senate. 4:15pm- Who is funding the left's “No Kings” protests? Walmart heiress Christy Walton—the widow of John T. Walton, son of Walmart founder Sam Walton—funded a full-page advertisement in The New York Times promoting a nationwide protest against President Donald Trump's Flag Day celebration in Washington D.C. The New York Post notes that Christy Walton has no role in Walmart's operations but has a net worth of over $19 billion. Rich notes that it's important to remember Walmart and its employees have played absolutely no part in this—and shouldn't be financially punished via a boycott for an heiress's far-left ideology. 4:40pm- The No Kings protest is expected to occur in numerous cities across the country this Saturday—including Philadelphia. Will District Attorney Larry Krasner prosecute protesters that turn violent? Nope!
The Rich Zeoli Show- Full Episode (06/12/2025): 3:05pm- On Thursday, President Donald Trump signed joint Congressional resolutions which will block California from enacting its ban on gasoline-powered vehicles by 2035—revoking a federal waiver allowing states to set their own tailpipe emissions standards under the Clean Air Act. Unsurprisingly, Gov. Gavin Newsom (D-CA) immediately released a statement announcing California will legally challenge the resolutions: “We are suing to stop this latest illegal action by a President who is a wholly-owned subsidiary of big polluters.” 3:15pm- Want to see the most deranged protester in all of Los Angeles? I think we have found her! The woman—who is carrying a leaf blower—vociferously proclaims that Los Angeles belongs to Mexico and tells Donald Trump to suck a body part that women don't have! Plus, she says that Trump is only interested in deporting illegal migrants so that he can get revenge on Selma Hayek—who she claims rejected Trump's romantic advances. 3:20pm- During a news conference on Thursday, Department of Homeland Security Secretary Kristi Noem was berated by Sen. Alex Padilla as she attempted to highlight the Trump Administration's removal of dangerous criminals residing in the U.S. unlawfully. Padilla was so disruptive that he needed to be escorted out of the room by security. 3:45pm- Sen. Dave McCormick—United States Senator from Pennsylvania—joins The Rich Zeoli Show to discuss Amazon investing $20 billion in rural Pennsylvania for AI infrastructure, anti-ICE riots in Los Angeles, and the One Big Beautiful Bill Act. 4:05pm- Breaking News: The House of Representatives has passed a recissions package that will claw back billions of dollars in federal funding to NPR and PBS. The package will now head to the Senate. 4:15pm- Who is funding the left's “No Kings” protests? Walmart heiress Christy Walton—the widow of John T. Walton, son of Walmart founder Sam Walton—funded a full-page advertisement in The New York Times promoting a nationwide protest against President Donald Trump's Flag Day celebration in Washington D.C. The New York Post notes that Christy Walton has no role in Walmart's operations but has a net worth of over $19 billion. Rich notes that it's important to remember Walmart and its employees have played absolutely no part in this—and shouldn't be financially punished via a boycott for an heiress's far-left ideology. 4:40pm- The No Kings protest is expected to occur in numerous cities across the country this Saturday—including Philadelphia. Will District Attorney Larry Krasner prosecute protesters that turn violent? Nope! 5:05pm- Frannie Block—Reporter for The Free Press—joins The Rich Zeoli Show to discuss her latest article, “Reading, Writing, and Racism: The Three R's of Philly Public Schools.” You can read the full article here: https://www.thefp.com/p/philadelphia-radical-curriculum-racism-israel. 5:20pm- The No Kings protest is expected to occur in numerous cities across the country this Saturday—including Philadelphia. Will District Attorney Larry Krasner prosecute protesters that turn violent? Nope! During a press conference on Thursday, Krasner shamelessly compared President Donald Trump to Adolf Hitler. 5:40pm- During a news conference on Thursday, Department of Homeland Security Secretary Kristi Noem was berated by Sen. Alex Padilla as she attempted to highlight the Trump Administration's removal of dangerous criminals residing in the U.S. unlawfully. Padilla was so disruptive that he needed to be escorted out of the room by security. 5:45pm- What are Matt's top 3 favorite Martin Scorsese films of all time? Rich and Justin are disgusted by the list…but, sadly, not surprised. 6:05pm- Daniel Turner— Founder and Executive Director of Power the Future—joins The Rich Zeoli Show to discuss President Donald Trump signing joint Congressional resolutions which will block California from enacting its ban on gasoline-powered vehicles by 2035. ...
“Being an analyst is the best job in the world,” says Greg Wendt, who happens to be the longest-serving analyst in Capital Group history. Wendt, who is about to wrap up a 37-year career, shares tales from his time venturing into the wild world of small-cap stocks, leveraging his college job at a department store into an interview with Sam Walton, legendary founder of Walmart, and helping launch Capital Group's first-ever small-cap strategy. He explains how on-the-ground research can reveal a company's competitive edge, and how business leaders can win with passion and a focus on the details. For those needing a reminder of how investing can be fun as well as fruitful, this episode is for you. #CapGroupGlobal For full disclosures go to capitalgroup.com/global-disclosures For our latest insights, practice management ideas and more, subscribe to Capital Ideas at getcapitalideas.com. If you're based outside of the U.S., visit capitalgroup.com for Capital Group insights. Watch our latest podcast, Conversations with Mike Gitlin, on YouTube: https://www.youtube.com/playlist?list=PLbKcvAV87057bIfkbTAp-dgqaLEwa9GHi This content is published by Capital Client Group, Inc. U.K. investors can view a glossary of technical terms here: https://www.capitalgroup.com/individual-investors/gb/en/resources/how-to-invest/glossary.html To stay informed, follow us LinkedIn: https://www.linkedin.com/company/capital-group/posts/?feedView=all YouTube: https://www.youtube.com/@CapitalGroup/videos Follow Mike Gitlin: https://www.linkedin.com/in/mikegitlin/ About Capital Group Capital Group was established in 1931 in Los Angeles, California, with the mission to improve people's lives through successful investing. With our clients at the core of everything we do, we offer carefully researched products and services to help them achieve their financial goals. Learn more: capitalgroup.com Join us: capitalgroup.com/about-us/careers.html Copyright ©2025 Capital Group
In this episode of The Digital Executive podcast, Dallas Counts, Chief Operations Officer at Vendormint, discusses his extensive background in retail operations, merchandising, and supply chain management. With nearly a decade at Walmart and Sam's Club, Counts shares how his experiences prepared him to champion Vendormint's mission to revolutionize supplier compliance, operations, and deductions management. He highlights the invaluable lessons learned about understanding retail culture, data-driven decisions, and the relentless pursuit of operational excellence, all stemming from the foundational principles of Sam Walton.Counts also delves into the significant inefficiencies within current supplier compliance and deduction management processes, which Vendormint is actively addressing through its centralized intelligence hub and automated document collection. He explains how Vendormint leverages data and automation to help suppliers recover lost revenue and optimize their operations, emphasizing the importance of proactively identifying and fixing upstream challenges. Finally, Counts discusses key emerging retail trends, including omnichannel retailing, evolving economic pressures, and the transformative power of AI and automation, outlining how Vendormint is strategically positioning itself for the future. Tune in to learn how Dallas Counts and Vendormint are shaping the future of supplier-retailer relationships.Join thousands of curious minds and never miss a beat – Subscribe to our Newsletter for exclusive insights, episode highlights, and expert takeaways delivered straight to your inbox.
Founders ✓ Claim Key Takeaways Top insights from the episode Ambush your customer and pay a premium for prime real estate to do so Follow your instincts and make what you want to see in the worldLearn where your customers aggregate, then put your product in front of themIf you love what you do, never give up control; retention of total control is paramount Find an earned secret and then exploit the hell out of it for decadesMediocrity is invisible until passion shows up and exposes it Surround yourself with the best people: You will make thousands of little decisions with the people you work with; the consequences of these compound with time, hence why it is critical to work with the best decision-makers possible Despite the situation that you are born into, know that you have the agency to improve your standing in the world Embrace whatever it is that makes you different from others; this is your competitive edge, and it is best to lean into it “It may seem that now and then I need a rescuer. But over time, I learned to rescue myself.” – Tamara Mellon Read the full notes @ podcastnotes.orgWhen Tamara Mellon's father lent her the seed money to start a high-end shoe company, he cautioned her: “Don't let the accountants run your business.” Little did he know that over the next fifteen years, the struggle between “financial” and “creative” would become one of the central themes as Mellon's business.Mellon grew Jimmy Choo into a billion dollar brand and her personal glamour made her an object of global media fascination. Vogue photographed her wedding. Vanity Fair covered her divorce and the criminal trial that followed. The Wall Street Journal reported on her relentless battle between “the suits” and “the creatives" and Mellon's triumph against a brutally hostile takeover attempt.But despite her eventual fame and fortune, Mellon didn't have an easy road to success. Her early life was marked by a tumultuous and broken family life, battles with anxiety and depression, and a stint in rehab. Determined not to end up unemployed, penniless, and living in her parents' basement under the control of her alcoholic mother, Mellon honed her natural business sense and invested in what she knew best—fashion.In creating the shoes that became a fixture on Sex and the City and red carpets around the world, Mellon relied on her own impeccable sense of what the customer wanted—because she was that customer. What she didn't know at the time was that success would come at a high price—after struggles with an obstinate business partner, a conniving first CEO, a turbulent marriage, and a mother who tried to steal her hard-earned wealth.Now Mellon shares the whole larger-than-life story, with shocking details that have never been presented before. From her troubled childhood to her time as a young editor at Vogue to her partnership with the cobbler Jimmy Choo, to her very public relationships, Mellon offers an honest and gripping account of the episodes that have made her who she is today.In My Shoes is a definitive book for fashion aficionados, aspiring entrepreneurs, and anyone who loves a juicy true story about sex, drugs, money, power, high heels, and overcoming adversity. This episode is what I learned from reading In My Shoes: A Memoir by Tamara Mellon. -----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save time and money.-----Join my free email newsletter to get my top 10 highlights from every book ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
When Tamara Mellon's father lent her the seed money to start a high-end shoe company, he cautioned her: “Don't let the accountants run your business.” Little did he know that over the next fifteen years, the struggle between “financial” and “creative” would become one of the central themes as Mellon's business.Mellon grew Jimmy Choo into a billion dollar brand and her personal glamour made her an object of global media fascination. Vogue photographed her wedding. Vanity Fair covered her divorce and the criminal trial that followed. The Wall Street Journal reported on her relentless battle between “the suits” and “the creatives" and Mellon's triumph against a brutally hostile takeover attempt.But despite her eventual fame and fortune, Mellon didn't have an easy road to success. Her early life was marked by a tumultuous and broken family life, battles with anxiety and depression, and a stint in rehab. Determined not to end up unemployed, penniless, and living in her parents' basement under the control of her alcoholic mother, Mellon honed her natural business sense and invested in what she knew best—fashion.In creating the shoes that became a fixture on Sex and the City and red carpets around the world, Mellon relied on her own impeccable sense of what the customer wanted—because she was that customer. What she didn't know at the time was that success would come at a high price—after struggles with an obstinate business partner, a conniving first CEO, a turbulent marriage, and a mother who tried to steal her hard-earned wealth.Now Mellon shares the whole larger-than-life story, with shocking details that have never been presented before. From her troubled childhood to her time as a young editor at Vogue to her partnership with the cobbler Jimmy Choo, to her very public relationships, Mellon offers an honest and gripping account of the episodes that have made her who she is today.In My Shoes is a definitive book for fashion aficionados, aspiring entrepreneurs, and anyone who loves a juicy true story about sex, drugs, money, power, high heels, and overcoming adversity. This episode is what I learned from reading In My Shoes: A Memoir by Tamara Mellon. -----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save time and money.-----Join my free email newsletter to get my top 10 highlights from every book ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
What do a 350-acre vision, a statue of Ol' Roy and a career spent building what's next all have in common? John Furner sat down with Cindi Marsiglio, SVP of Corporate Real Estate, for a conversation about what it took to bring the new Home Office to life and what it represents for the future of Walmart. Cindi also reflected on her 18-year Walmart journey, including her work to carry forward Sam Walton's passion for sourcing products and services that are made, grown or assembled in the communities we serve. That path often led her into brand-new roles — like the one she holds today, helping turn a bold vision for our next chapter into a 350-acre workplace that many associates are already starting to call home. From a replica of Mr. Sam's famous Ford F-150 to a sculptural tribute to his beloved dog, Ol' Roy, the new Walmart Home Office is rich with stories from our past and built for the future we're creating together. And with more than 2.4 million square feet of office space constructed from mass timber — much of it sourced right here in Arkansas — it also reflects our ongoing commitment to American-made materials and responsible growth. With Associates Week just around the corner, we can't wait to welcome associates from across the globe to see it for themselves.
Go inside Walmart's Open Call, the annual event where American entrepreneurs pitch their U.S.-made, grown, or assembled products for a chance to be featured in Walmart stores. Bo talks with Mark Espinoza, Senior Director of Public and Government Affairs, about Open Call's origins in Sam Walton's"Buy American" vision and how it's grown into a key platform supporting small businesses. Learn more about your ad choices. Visit megaphone.fm/adchoices
Get ready for a powerhouse episode of BizNinja Entrepreneur Radio as Tyler Jorgenson sits down with none other than Fran Tarkenton—NFL Hall of Famer, serial entrepreneur, and timeless innovator. From wheeling groceries at age five to building over 20 companies, Fran proves that a relentless spirit and hustle can take you far beyond the football field. You'll hear how his childhood side hustles and early leadership instincts shaped a lifetime of business wins.Fran dives deep into lessons on leadership, authenticity, and the underrated magic of partnering with bigger players (spoiler: his $100k company scaled to $120M with one smart partnership!). He also shares candid advice on why you can't — and shouldn't — try to do everything alone if you want to truly scale. Plus, Fran's take on adapting to today's wild pace of AI-driven innovation is both hilarious and wildly motivating—especially coming from someone who still outworks most 20-somethings.If you've ever wondered what it really takes to win at both business and life — even after major setbacks — this conversation is packed with gold. Fran also drops some gems about Sam Walton's influence, why "selling" is outdated, and how he stays future-proof while still enjoying life's bucket list (hello, Pebble Beach hole-in-one!). This is one of those episodes you'll want to play twice and take notes!TakeawaysStart Early and Stay Curious: Fran's entrepreneurial journey began at age 5—and he never stopped learning or evolving.You Can't Scale Alone: True growth happens through strong partnerships and learning from others, not solo heroics.Adapt or Get Left Behind: Even at 85, Fran embraces AI and new marketing strategies, proving that innovation is a lifelong game.
Jim Simons never took a single class on finance, wasn't interested in business, and didn't start trading full time until he was 40. The company he founded — Renaissance Technologies — has made over $100 billion in profits.Starting out with the heretical belief that there was a hidden structure in financial markets, Jim decided to staff his “crazy hedge fund” with mathematicians, computer scientists, and physicists. He went to great lengths to collect more historic financial data than anyone else, spent a lot of time recruiting “killers” (people with single minded focus that wouldn't quit), invested heavily in computers (and the people who ran them), and designed the most collaborative work environment.Jim was a world-class mathematician, code breaker, exceptional manager of people with exceptional minds, a genius in system design, and deeply understood the power of incentives. He was also incapable of giving up, willing to endure a decade of struggle and pain, and hell-bent on doing something “historic” with his life.Jim Simons lived a life defined by persistence, unconventional thinking, and an unwavering pursuit of excellence. Studying his life and work is time well spent. This episode is what I learned from rereading The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution by Gregory Zuckerman. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
This is my conversation with Rahul Sonwalkar, founder of Julius AIJulius is an AI data scientist loved by millions of users.Timestamps:0:33 Building his own email service 3:03 Trying to build a social network 4:01 Launching Podcast comments dot com 7:16 Unambitious people & founding Waterview10:49 Bill Gates & Napoleon 13:42 Truck tracking startup 17:09 Sam Walton 20:00 Early versions of Julius 27:59 Why startups die33:21 Growing from 5k to 500k users35:22 Everyone answers support tickets 38:22 Hiring for high-slope 40:22 Asking for what you want
Akio Morita was a visionary entrepreneur and co-founder of Sony. Born as the first son and fifteenth-generation heir to a 300-year-old sake-brewing family in Japan, Akio eschewed the traditional path to forge his own legacy in electronics.In post-war Japan, Akio joined forces with Masaru Ibuka to found Sony. They started in a burned-out department store with limited resources—to build their first product they had to buy supplies on the black market. Akio was determined to change the global perception of Japanese goods as poor quality. From day one he set out to build high-quality, differentiated products, targeted at affluent markets. Akio believed in long-term vision over short-term profits, product innovation without market research, and brand building over immediate profits. Against all opposition, including inside of his own company, Akio invented one of the most successful consumer products of all time: The Walkman. It sold over 400 million units and inspired countless other entrepreneurs like Steve Jobs, Jeff Bezos, James Dyson, and Phil Knight. This episode is what I learned from rereading Akio's classic 1986 autobiography Made In Japan. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
This is one of the most extraordinary founder stories you will ever hear. Michael Dell started his company with $1000 when he was 19 years old. The revenues for the first 16 years of Dell look like this:1984 $6M1985 $33M1986 $67M1987 $159M1988 $258M1989 $388M1990 $546M1991 $890M1992 $2B1993 $2.9B1994 $3.5B1995 $5.3B1996 $7.8B1997 $12.3B1998 $18.2B1999 $25.3BDell had been profitable for every quarter of its existence. By 2012 the story had changed. The consensus was that Dell was dead. Michael Dell certainly didn't think so — and besides—he was incapable of giving up on the company that bears his name. As he said at the time "I will care about this company after I'm dead!" Michael takes his company private, completes the largest acquisition in technology history, and remerges perfectly positioned for the age of AI. Michael Dell has been working on his company for over 40 years and it feels like he's just getting started. In his autobiography he shares the most important lessons he's learned. It's a treasure trove for entrepreneurs and leaders. This episode is what I learned from reading Play Nice But Win: A CEO's Journey From Founder to Leader by Michael Dell and Direct From Dell: Strategies That Revolutionized an Industry by Michael Dell. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
Mathew Kerbis is The Subscription Attorney who is on a mission to affordably serve latent legal market clients at scale via the subscription model and inspire attorneys to abandon the billable hour. He founded the law firm Subscription Attorney LLC. In this episode, Mathew shares how he's leveraging subscription pricing to disrupt the traditional billable hour model in the legal industry, making legal services more accessible. He highlights his strategy of targeting an underserved market while offering premium pricing options for higher-value clients. Mathew emphasizes his business's profitability, operating with minimal expenses while maintaining a large margin and serving both small and large-scale clients. Why you have to check out today's podcast: Discover how subscription-based pricing is disrupting traditional legal service models, making legal help more accessible and predictable. Learn how addressing the vast underserved legal market can create new opportunities for both clients and lawyers. Gain insights on how offering premium pricing options alongside accessible subscription plans can balance profitability with customer satisfaction. “Don't be afraid to experiment and to try something new. I experiment with my pricing to find what works. And so, you should experiment, too, and listen to Mark.” - Mathew Kerbis Topics Covered: 01:37 - How he was led into pricing 03:24 - Discussing the similarities between doctors transitioning to direct primary care (DPC) and lawyers adopting subscription-based pricing 05:05 - Explaining his flexible subscription model 08:48 - Sharing how instead of tracking time or focusing on cost accounting, he views his business costs as fixed expenses 11:03 - Optimizing efficiency and delivering value through his subscription model 14:04 - Arguing that while clients can access AI tools themselves, they can't match the expertise of a lawyer using them effectively 16:04 - Emphasizing that while AI can generate rapid insights, it requires human judgment to interpret results accurately 18:52 - What he meant when he said he drives prices down and discussing the unmet demand creating a significant opportunity despite price competition in the legal industry 21:53 - Targeting underserved clients while maintaining flexibility to serve both small businesses and larger clients 24:26 - Maintaining accessible pricing while using tiered subscription pricing to price higher 26:30 - Highlighting the importance of strategic pricing to remain competitive without risking client loss or revenue instability 27:30 - Mathew's best pricing advice Key Takeaways: "Ron Baker has educated me on how cost accounting isn't the way to think about what your actual costs are as a business owner." - Mathew Kerbis "What's great about a month-to-month subscription is, I could drop the client just like they could drop me. And the fact that they have the flexibility to leave at any time actually makes them not leave." - Mathew Kerbis “I still want to offer the accessible pricing, but I will have super premium pricing for the best customers that need it.” - Mathew Kerbis "I don't assign any dollar number to my time or the hours that I spend because things don't take as long as they used to. I was using AI when I launched my firm because I knew less time equals more money doing what I do when you're not billing by the hour." - Mathew Kerbis "Sure, you could use the legal AI tools that I'm using, but are you able to get the same output that a lawyer who is actually using the tool in the way in which it was designed can get better output?" - Mathew Kerbis "Judgment is really important. I don't think AI replaces subject matter experts, frankly ever." - Mathew Kerbis People/Resources Mentioned: Ron Baker: https://impactpricing.com/podcast/497-classic-trash-the-timesheet-exploring-opportunities-in-subscription-businesses-with-ronald-j-baker/ Calendly: https://calendly.com Adobe Photoshop: https://www.adobe.com/ ChatGPT: https://chatgpt.com ClaudeAI: https://claude.ai Perplexity Pro: https://www.perplexity.ai/hub/faq/what-is-perplexity-proUber:https://www.uber.com Grandview Research: https://www.grandviewresearch.com Walmart: https://www.walmart.com Target: https://www.target.com Sam Walton: https://en.wikipedia.org/wiki/Sam_Walton Jeff Bezos: https://en.wikipedia.org/wiki/Jeff_Bezos Connect with Mathew Kerbis: Website: https://mathewkerbis.com/ LinkedIn: https://www.linkedin.com/in/kerbisverse/ Connect with Mark Stiving: LinkedIn: https://www.linkedin.com/in/stiving/ Email: mark@impactpricing.com
Welcome to JAT Chat, presented by the Journal of Athletic Training, the official journal of the National Athletic Trainers' Association. In this episode, Dr. Shelby Baez is joined by Dr. Sam Walton as they delve into health-promoting behaviors among former National Football League players. The paper discussed in this episode, "Health-Promoting Behaviors and Their Associations With Factors Related to Well-Being Among Former National Football League Players: An NFL-LONG Study" is available open access in the February 2025 issue of JAT. Article: https://doi.org/10.4085/1062-6050-0537.23 Guest Bio: Dr. Samuel (Sam) Walton is a certified athletic trainer who studied at the University of Southern Maine (B.S. in Athletic Training, 2008) and the University of Virginia (M.Ed. in Athletic Training, 2013; Ph.D. in Sports Medicine, 2019). He has 11 years of clinical experience with three different NCAA Division I universities and he completed postdoctoral research training at the University of North Carolina - Chapel Hill (2022). Currently, Dr. Walton is an Assistant Professor of Physical Medicine and Rehabilitation with the Virginia Commonwealth University School of Medicine and a Research Associate with the Richmond Veterans Affairs Medical Center. His current research focuses on 1) the short-term, long-term, and cumulative effects of concussion among athletes and military personnel, including a specific focus on sex-differences, 2) promotion of brain health and well-being across the lifespan, and 3) guiding transition experiences to life after sport & military service. He also provides service for marketing, promotions, and communications efforts to the World Federation of Athletic Training and Therapy (WFATT) and the Concussion in Sport Group (CISG).
Stay Humble Or You Will Get Humbled, Bad Santa Movie Is One Of The Best Movies Ever Made, Billy Bob Fuckery, Post Nasal Drip As Fuck, 5 Years Since The Pandemic & The Results Are I: Politicians Lie & Majority Of Society Just Follows What The Next Person Does While Not Thinking For Themselves, Certain Locations Of 24 Hour Fitness Aren't Even Open 24 Hours Anymore, Getting Back To Running 6 Miles A Day, In-N-Out Expanding To Southern Red States, Joann Fabrics Is Closing Which Affects Absolutely Nobody, Economy Sucks - Get Over It, Michael Dowd From The 75 Documentary Is The Biggest Corrupt Cop That's Ever Lived, Billboard Chris Is Given A Ticket For OPPOSING Transgender Mental Ill Bullshit Which Is A Reminder All Law Enforcement Are Compromised & Will Align With Liberal Bullshit, Costco Vs Sam's Club, Costco Hot Dogs & Pizza Are Still The Same Affordable Price, Sam Walton, Wal-Mart, The People Of Wal-Mart Has A Website, World War 2 Veterans Who Hate America In 2025, UFC Fighter Cain Velasquez Gets 5 Years For Shooting A Pedophile - Only In California, Presidential Pardons, Remembering All The Bullshit That Happened During COVID, Normies Following Political Party Popular Narratives, Watching The Scamdemic Documentary On Week 2 Of The Pandemic, October 7th Proved Republicans Are The Same As Democrats, October 7th Exposed Everything In Politics, Bald Dude In A Honda Looking Determined Driving By, The American Dream Still Very Much Exists, Successful People Thinking Outside The Box, All These Celebrity Podcasts Are All Unoriginal, Gold, Mike Myers, The Music Business Is Ran By Jews, The Reboots & Remakes Are All Fucking Stupid, They're Bringing Back Malcom In The Middle And Of Of The Brothers Is Transgender, Hard Work Pays Off, Women's Sports Getting Destroyed By Low Level Men, Viral Video Of Trump Voter Getting Chased By A Man Trans Person Is A Great Example Of Mental Illness, Liberals Sound So Stupid Calling Elon Musk A Nazi When He's Owned By Israel, + Much More Fuckery!
On Labor History Today: Joe McCartin, Leon Fink and Patrick Dixson discuss the 2002 U.S. Supreme Court ruling that undocumented workers don't have the same rights as Americans, Sam Walton's anti-union legacy, and they remember dock union leader Harry Bridges and the Texas cowboys strike. PLUS: Saul Schniderman on Martin Luther King and striking sanitation workers in Memphis. Music this week includes “Glory,” with Common and John Legend, from the motion picture "Selma” and “A Change Is Gonna Come” by Sam Cooke. Originally released March 25, 2018. Questions, comments, or suggestions are welcome, and to find out how you can be a part of Labor History Today, email us at LaborHistoryToday@gmail.com Labor History Today is produced by the Labor Heritage Foundation and the Kalmanovitz Initiative for Labor and the Working Poor. #LaborRadioPod #History #WorkingClass #ClassStruggle @GeorgetownKILWP #LaborHistory @UMDMLA @ILLaborHistory @AFLCIO @StrikeHistory #LaborHistory @wrkclasshistory
Walmart, la cadena de supermercados más grande del mundo, decepcionó el pasado jueves con sus resultados. La nota negativa de las cuentas del gigante minorista estuvo en el beneficio neto, que con un resultado final de 5252 millones de dólares en este último trimestre fue inferior a los 5400 del mismo periodo del año anterior. Eso sí, este beneficio superó las previsiones que tenían el consenso de analistas. Tanto es así, que el beneficio por acción ha sido de 65 centavos, un centavo más de la previsión de los analistas. Aunque en estos tres últimos meses las cuentas hayan sido peores, en el conjunto del año Walmart ha conseguido unos sólidos resultados. Es verdad que las ventas fueron mejores, sobre todo las que tuvieron que ver con el comercio electrónico, que subieron un 20%. Así pues, en el conjunto del año, el beneficio estuvo cerca de los 20.000 millones de dólares, creciendo un 25%. Aún así, esto no fue suficiente para que el valor no sufriera fuertes correcciones a lo largo de la sesión del jueves. La clave sin duda fue la previsión que hizo la compañía de ventas netas, que según Walmart crecerán entre un 3 y un 5% y los ingresos operativos, que aumentaran entre un 3,5 y 5,5%. Walmart fue fundada por el empresario y militar estadounidense Sam Walton en 1969 y lleva cotizando en la bolsa de Nueva York desde 1972. No solo es la cadena de supermercados del mundo, sino que según Fortune Global 500 es la mayor corporación pública del mundo. Y es que es de carácter público porque la familia Walton posee el 48% de la compañía. Su rápida expansión también ha provocado que muchas voces críticas denuncien el efecto que la apertura de tiendas pueden provocar sobre todo en las comunidades locales. Son muchos los estudios que se han hecho al respecto, pero destaca sobre todo el del profesor Kenneth Stone, de la Universidad Estatal de Iowa, que después de analizar el impacto de las tiendas Walmart, concluyó que una ciudad pequeña puede perder casi la mitad de su comercio a los diez años de la apertura una tienda de los grandes almacenes.
Mohnish Pabrai's session with Cambridge Investment Banking Society at University of Cambridge on January 31, 2025. (00:00:00) - Introduction (00:01:38) - Marcus Aurelius: Stoic philosophy (00:04:28) - Learning from mistakes (00:09:01) - Ignore Macroeconomic factors (00:11:57) - Value vs growth investing (00:14:58) - Investing in Turkey: Reysas (00:19:22) - Venture Capital: Bill Gurley (00:23:06) - Handling the 2008 financial crisis (00:24:12) - Skills for value investing (00:27:02) - Look for undiscovered opportunities; Warren's Swiss Army knife approach (00:30:22) - Handling the portfolio concentration and risks (00:33:49) - Sam Walton (00:36:31) - All knowledge is cumulative (00:38:43) - Nick Sleep The contents of this website are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.
Jerry Jones rolled the dice until his knuckles bled. He started working at 7 years old. Jerry could sell, sell, sell. He sold fruit at his father's grocery store in grade school and sold shoes out of the trunk of his car in college. After failing to sell pizza franchises he tried real estate and insurance. He never met a high risk deal he didn't like. Jerry got pitched a deal to drill for oil that everyone else had already said no to. Jerry said yes. That well made $4 million. He hit again on the next 14 wells. Jerry decided to drill for natural gas next. He drills 200 wells. He hit on 199 of them. He sells that company for $175 million. He has $90 million in the bank. He buys the Dallas Cowboys for $140 million. 75 other people had the opportunity to buy the team and said no. He empties his bank account and borrows $50 million at steep interest rates. The year before Jerry bought the team the Cowboys lost $9 million. Financial advisors told Jerry that the Cowboys were ridiculously overpriced and that he was committing financial suicide. Within a few years the team is printing $30 million a year in profit. The Dallas Cowboys are worth $10 billion today. This episode is what I leaned from reading King of the Cowboys: The Life and Times of Jerry Jones by Jim Dent. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Vesto: All of your company's financial accounts in one view. Connect and control all of your business bank accounts from one dashboard. Go to Vesto and schedule a demo with the founder Ben. Tell him David sent you. ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book---- ----Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
2025.02.11 Sam Walton y WalmartSi no escuchas a tu cliente, alguien más lo escucharáEsta semana estamos hablando de cuatro grandes empresarios que comenzaron sus negocios después de los 40 años, y aprendiendo de los éxitos y fracasos de estos gigantes. Busca Cápsulas Gerenciales en tu plataforma de podcast favorita, y descubre como Sam walton creó Walmart, pero solo después de intentarlo varias veces. #cápsulasgerenciales #capsulasgerenciales #desarrollopersonalholistico #mejorcadadia #inspiracionyexito
Back in high school, my social studies teacher—who was, of course, also the football coach—told my class that entrepreneurs were the heroes of American history. If we enjoyed a dynamic economy and good jobs, it was all thanks to their genius for innovation and risk-taking. And if we wanted to get ahead, he said, we'd need to foster the same sort of entrepreneurial spirit in ourselves. You are probably rolling your eyes right now. I certainly remember doing the same back in 10th grade. But Erik Baker's new book, Make Your Own Job How the Entrepreneurial Work Ethic Exhausted America, revealed that my teacher was far from outlier: he was part of a century-long current of entrepreneurial boosterism. From Henry Ford to Marcus Garvey, Peter Drucker to Sam Walton, the War on Poverty to the shareholder value revolution, Baker shows how the entrepreneurial work ethic captivated thinkers in every corner of American life. And he reveals how for workers, it promised a way to transcend precarity and—just maybe—become the protagonist of one's own economic life.
Most business owners think competition is about outworking the other guy. But the real winners? They collaborate, learn, and leverage smart strategies to grow FAST. In this episode, we dive into: ✅ Secret Shopping – How to spy on your competitors (ethically) and improve your sales process. ✅ Shop Tours & Hands-on Learning – Why working with industry leaders outside your market will fast-track your success. ✅ Sam Walton's Strategy – How the Walmart founder used competitor insights to dominate retail (and how you can apply this to your business). ✅ Avoiding Expensive Trial & Error – The smartest way to learn new services and level up your operations without wasting time or money. Join our Boardroom Elite —an exclusive group designed for blue-collar entrepreneurs who are ready to scale. Access weekly Zoom calls, personalized advice from Chris and Kevin, and a network of outstanding entrepreneurs. Learn strategies that work, hear real success stories, and build the business you've always dreamed of.
Clay dives into the life and legacy of Sol Price, the pioneering retail entrepreneur who revolutionized the industry with FedMart and Price Club, ultimately leading to the creation of Costco. The episode explores how Price's business philosophies, including treating employees well and maintaining a relentless focus on providing value to customers, inspired iconic entrepreneurs like Sam Walton and Jeff Bezos. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:45 - The story of Sol Price starting Fedmart and Price Club. 19:30 - Sol Price's core business philosophies 50:47 - The key ingredients to the success of Costco's business model. 52:58 - What led to the emergence of Costco and the eventual merger with Price Club. 01:01:40 - An overview of Costco's business model today And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Books mentioned: Sol Price: Retail Revolutionary & Social Innovator, and The Joy of Costco. Jim Sinegal's interview with the Motley Fool. The Science of Hitting Blog. Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page. Related Episode: Listen to TIP492: The Best Investor You've Never Heard Of. Related Episode: Listen to TIP634: Value Investing Fundamentals w/ John Huber. Follow Clay on Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Hardblock SimpleMining Unchained The Bitcoin Way Found Fintool Bluehost Vanta Fintool PrizePicks Onramp TurboTax Fundrise HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Sam Walton left JC Penny and realized that people in rural America had to travel to shop in department stores. He changed all that. Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I'm Stephen's sidekick and business partner, Dave Young. Before we get into today's episode, a word from our sponsor, which is... Well, it's us, but we're highlighting ads we've written and produced for our clients. So here's one of those. AirVantage Heating & Cooling Ad] Dave Young: Welcome back to the Empire Builders Podcast, Dave Young here alongside Stephen Semple. And Stephen just told me the topic for today's podcast, and it's Walmart. Stephen Semple: That's it. You're so excited. Dave Young: Oh my gosh. We're finally going to talk about Walmart. Stephen Semple: Walmart's just one of those companies that they've been unbelievably successful, and I'm going to defend Walmart here, but they're hard to love. Dave Young: They're hard to love, but man, if you live in a small town, they're hard to avoid too. Stephen Semple: Yes. Dave Young: And you got to hand it to Sam Walton. Stephen Semple: Yep. Dave Young: I've read his book. It is actually the one that was ghostwritten while he was dying in the hospital. And it's a really good read and it's got some great lessons, so I'm anxious to hear what you found out. Stephen Semple: It's a great read. It has some fantastic lessons in it. I think there are a few things that Walmart as a corporation has started to deviate from those ideas that if they had kept closer to them, Walmart is a company that would be deeply loved. There's a few things I think they've moved away from, but here's one of the things that I'm going to say I admire about Walmart is that if we did not have a Walmart in the marketplace, I think it would be far easier for prices to increase for consumers on certain products, groceries, and things along that lines, Walmart being in there, to a degree, has managed to keep prices for certain commodities at a certain level because Walmart is dedicated to that, keeping prices down. And I think having somebody in that space is good. And this was stats from a couple of years ago was over 10,500 stores in 24 countries, that number surprised me. I didn't realize it was 24 countries, and it was started in 1945 by a former JCPenney employee. I didn't realize that Sam Walton had worked for JCPenney, and the first thing he did when he left JCPenney is he bought a branch of Ben Franklin stores from the Butler brothers. So he started with those stores, and what Sam saw was retailers were putting a few large stores in big cities, but those big stores in big cities was inconvenient for rural shoppers. And what he decided to do was open a large department store in Rogers, Arkansas. Now, here's the crazy thing is, this was a place with a population of 6,000 people. So one would go, "This is nuts. Why would you open a store in a town of that size?" So it's 1962, and he opens basically the first Walmart. And his primary focus was to sell products at low prices, higher volume sales, lower profit margin, and really do this crusading for the consumer. And the funny part is the name Walmart was derived from Fed Mart, which was, if we remember when we did the episode on Costco, was the first version of Costco that was done by Saul Price, was Fed Mart. And Walton has also stated he liked the idea of calling the chain Walmart because he really liked Saul's name, Fed Mart. He even talks about how a lot of his really good ideas came from studying Saul. So it's really, really interesting. But within its first five years, the company expanded to 18 stores in Arkansas and was 9 million in sales. So it really did this... Really, really, really,
Diving into the stories and lessons we can learn from the life of Sam Walton and the rise of Walmart from his autobiography, Made in America -----When folks would ask Sam Walton how he built Walmart, he responded with the same answer, “Friend, we just got after it and stayed after it.”1:15 - Lessons from parents and childhood 4:45 - How Sam knew what he was going to do for the rest of his life7:15 - First store8:00 - Be a student of your craftI learned a lesson which has stuck with me all through the years: you can learn from everybody.12:20 - The worst moment of Sam's life13:45 - Love your fate16:35 - Steal and steal oftenMost everything I've done, I've copied from somebody else.18:10 - The start of Walmart 18:50 - Find your leverage22:25 - Increase your embarrassment capacity“If you wish to improve, be content appearing clueless and stupid.” - Epictetus 26:35 - Six keys to Walmarts success34:10 - The ultimate goalI always wanted to be the best retailer in the world, not necessarily the biggest.35:15 - Thinking small37:35 - Sam Walton's Ten Rules 40:45 - Life is about trade-offs42:20 - Lessons/takeaways -----You can check out my book, website, and apparel below: WebsiteBook: Chasing Greatness: Timeless Stories on the Pursuit of Excellence ApparelInstagramX
What if you could transform your leadership style and create not just followers but future leaders? Join us as we explore the fascinating world of entrepreneurship with the multi-talented Jeff Hoffman, a celebrated humanitarian, bestseller author, and Hollywood film producer. Through this episode, Jeff shares his insights on cultivating a mindset that blends confidence with humility and encourages trusting one's instincts—what he calls "fast intelligence." His experiences, including scaling Priceline and empowering individuals through the Global Entrepreneurship Network, offer a refreshing perspective on nurturing self-reliance and leadership in others.Jeff takes us on a journey through various leadership paradigms, highlighting the importance of understanding customer needs and aligning business actions with core missions. Inspired by industry giants like Sam Walton, Jeff illustrates how a customer-centric approach revolutionized strategies at Priceline, driving efficiency and profitability. He also delves into the often overlooked but critical component of leadership—supporting employees' personal aspirations. By fostering an environment where personal dreams are valued alongside professional goals, Jeff demonstrates how this alignment can lead to increased loyalty and a motivated workforce.The conversation isn't just about business success; it's about redefining productivity and meaningful connections. Jeff challenges the conventional grind culture, advocating for smart, efficient work that values quality over quantity. He also reflects on personal moments that emphasize engagement over mere presence, urging listeners to rethink success as not just a personal gain but a means to contribute positively to the world. This episode is brimming with wisdom for anyone aiming to enhance their leadership and entrepreneurial endeavors, promising a wealth of knowledge on achieving success that is as fulfilling as it is impactful.This is episode #2 in the Billionaire Fire Side Series.To learn more about Jonathan's recession resilient mobile home park real estate Fund, as our next Fund raise is $50 million and only for accredited investors: https://www.midwestparkcapital.com/To learn more about Jonathan's highest level business growth consulting and fractional CMO services, and digital marketing for small businesses, startups and growing Ecommerce brands:https://www.revenueascend.com/consulting/The Family Office Club was founded in 2007 and has now become the world's largest association in the industry with over 4,000 registered ultra-wealthy investors-Richard C. Wilson is the partner of the Accredited Investor Podcast: https://familyoffices.com/To get your very own podcast tour as a guest and become the thought leader in your industry: https://getpodcastbookings.com/Sign up to get on the list for the World's Most Exclusive Social Networking App: https://www.prestigesocialapp.com/To those looking to potential exit or sell their business or talk about potential business roll up partnerships:https://www.businesscashout.com/Join one of the fastest growing real estate groups on Facebook, which is our 26,600 Multifamily Investor Facebook Group: https://www.facebook.com/groups/451061265284414To learn more about mobile home investing, acquiring your first mobile home park: https://www.mobilehomewealthacademy.com https://linktr.ee/jonathantuttleAccredited Investor Podcast- sign up to the email list and get notified of new episodes, bonus content, and potential deal opportunities: https://www.accreditedinvestorpodcast.com/
Want to Start or Grow a Successful Business? Schedule a FREE 13-Point Assessment with Clay Clark Today At: www.ThrivetimeShow.com Join Tim Tebow, LIVE and in-person at Clay Clark's December 5th & 6th 2024 Thrivetime Show Business Workshop!!! Learn Branding, Marketing, SEO, Sales, Workflow Design, Accounting & More. **Request Tickets & See Testimonials At: www.ThrivetimeShow.com **Request Tickets Via Text At (918) 851-0102 See the Thousands of Success Stories and Millionaires That Clay Clark Has Helped to Produce HERE: https://www.thrivetimeshow.com/testimonials/ Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire See Thousands of Case Studies Today HERE: www.thrivetimeshow.com/does-it-work/
Get more notes at https://podcastnotes.org Business* Active Listening by Carl R. Rogers* Key reading for getting better at negotiations* Source: Chris Voss's recommendation to Jordan B. Peterson (PN)* When Helping Hurts by Steve Corbett and Brian Fikkert* One of the best books about philanthropy* Source: Brent Beshore's recommendation to Shane Parrish (PN)* Hey, Whipple, Squeeze This by Luke Sullivan* A simple guide to creating great advertisements* Source: Chris Beresford-Hill and Tim Ferriss in discussion (PN)* Words That Work by Frank Luntz* Mastering the art of words* Source: Chris Beresford-Hill and Tim Ferriss in discussion (PN)Economics* The Creature From Jekyll Island by G. Edward Griffin* Analysis of bank bailouts* Source: Michael Saylor and Peter McCormack in discussion (PN)* Broken Money by Lyn Alden* “Money” is the biggest total addressable market in the world, and the money now is currently broken* Source: Dylan LeClair recommendation (PN)* The Great Wave: Price Revolutions and the Rhythm of History by David Hacket Fischer* Explores the recurring cycles of price inflation throughout history, connecting economic trends to broader social and cultural changes* Source: Rudyard Lynch's recommendation to Tom Bilyeu (PN)* Fiat Food: How Government, Industry, and Science Manufacture the Foods We Eat by Matthew Lysiak* Why inflation has destroyed our health and how Bitcoin may fix it* Source: Matthew Lysiak's appearance on We Study Billionaires (PN)Entrepreneurship* Zero to One by Peter Thiel* One of the most commonly recommended books for entrepreneurs* Source: Multiple* Only The Paranoid Survive by Andrew Grove* Must read for all entrepreneurs* Source: Morgan Housel and Chris Williamson in discussion (PN)* Million Dollar Weekend: The Surprisingly Simple Way to Launch a 7-Figure Business in 48 Hours by Noah Kagan* The idea of starting a business is often so overly romanticized that people never make the jump into entrepreneurship* Source: Noah Kagen's appearance on Deep Questions with Cal Newport (PN)* Mastery by Robert Greene* The value of mastering a skill set* Source: Sam Parr's recommendation to Andrew Wilkinson (PN)* Bird by Bird by Anne Lamott* How to overcome creative roadblocks* Source: Chris Beresford-Hill and Tim Ferriss in discussion (PN)* Chase, Chance, and Creativity by James Austin* Talks about how certain people attract luck and how luck can be created* Source: Mike Maples, Jr. recommendation to Lenny Rachitsky (PN)* Fooled by Randomness by Nassim Taleb* The impact of randomness and luck on success* Source: Cyrus Yari and Iman Olya book review (PN)* Skin in the Game by Nassim Taleb* “You cannot separate knowledge from contact with the ground. Actually, you cannot separate anything from contact with the ground.” – Nassim Taleb* Source: Cyrus Yari and Iman Olya book review (PN)* Andrew Carnegie by David Nasaw* “I got married at Carnegie Hall because of my love for Andrew Carnegie… He did a lot of bad things, but he was mostly amazing” – Sam Parr* Source: Sam Parr's recommendation to Andrew Wilkinson (PN)* Tycoon's War by Stephen Dando-Collins* Cornelius Vanderbilt: How his mind worked and why you wouldn't want to compete against him* Source: David Senra book review (PN)* Titan: The Life of John D. Rockefeller, Sr. by Ron Chernow* Most successful entrepreneurs can be honest family men, too* Source: Sam Parr's recommendation to Andrew Wilkinson (PN)* The Presentation Secrets of Steve Jobs: How To Be Insanely Great in Front of Any Audience by Carmine Gallo* Nobody had more compelling presentations than Steve Jobs* Source: David Senra book review (PN)* How To Be Rich by J. Paul Getty* “I would like to convince young businessmen that there are no surefire, quick, and easy formulas for success in business” – J. Paul Getty* Source: David Senra book review (PN)* Sam Walton: The Inside Story of America's Richest Man by Vance H. Trimble* Discover the rags-to-riches tale of billionaire Sam Walton, founder of the discount chain Wal-Mart and America's richest man, in this study of old-fashioned values like honesty and hard work* Source: David Senra book review (PN)Investing* What I Learned About Investing From Darwin by Pulak Prasad* How to beat the market, the biggest mistakes investors make, why history is more important than projections, and how natural selection applies to investing* Source: Kyle Grieve book review (PN)* The Intelligent Investor by Benjamin Graham* Understanding the difference between price and value* Source: Bill Ackman's recommendation to Lex Fridman (PN)* The Algebra of Wealth by Scott Galloway* “America is a loving, generous place if you have money. It is a rapacious, violent place if you don't.” – Scott Galloway* Source: Scott Galloway's appearance on The Rich Roll Podcast (PN)* A Mathematician Plays The Stock Market by John Paulos* Source: John Paulos appearance on Infinite Loops with Jim O'Shaughnessy (PN)* Poor Charlie's Almanack by Charlie Munger* Charlie Munger understood incentives and human psychology, but never used that knowledge to manipulate others* Source: Warren Buffett's recommendation to shareholders (PN)* Think Twice: Harnessing the Power of Counterintuition by Michael J. Mauboussin* Making decisions is part of life, this is how you make better ones* Source: John Paulos and Jim O'Shaughnessy in discussion (PN)* Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist by Brad Feld and Jason Mendelson & Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean by Karen Berman and Joe Knight* Books that Ateet Ahluwalia gives people who join his firm* Source: Ateet Ahluwalia recommendations to Jim O'Shaughnessy (PN)* eBoys: The First Inside Account of Venture Capitalists at Work by Randall Stross* An intriguing insider's look at the rise of Silicon Valley through the lens of the pioneering venture capital firm Benchmark Capital* Source: Aarthi Ramamurthy and Sriram Krishnan in discussion (PN)* Flash Boys: A Wall Street Revolt by Michael Lewis* How the insiders got exposed* Source: Joseph Stiglitz and Tyler Cowen in discussion (PN)Productivity* Attention Span: A Groundbreaking Way to Restore Balance, Happiness, and Productivity by Gloria Mark* Illustrates four myths about attention span* Source: Cal Newport book review (PN)* The Effective Executive: The Definitive Guide to Getting The Right Things Done by Peter Drucker, The 7 Habits of Highly Effective People by Stephen Covey, and Getting Things Done: The Art of Stress-Free Productivity by David Allen* Three books that embody the evolution of productivity* Source: Cal Newport recommendation to Chris Williamson (PN)* Four Thousand Weeks: Time Management for Mortals by Oliver Burkeman* How to embrace the fact that you can't do everything* Source: Cal Newport recommendation to Chris Williamson (PN)Leadership* The Hard Thing About Hard Things by Ben Horowitz* Great lessons about running a business and being a leader* Source: Marc Andreessen's recommendation to Rick Rubin (PN)* Thinking Fast and Slow by Daniel Kahneman* Frequently recommended over and over again this year* Source: Bill Gurley, Michael Mauboussin, and Patrick O'Shaughnessy in discussion (PN)* Ender's Game by Orson Scott Card* Sci-fi novel but also a great way to study leadership* Source: Tim Ferriss recommendation to Chris Williamson (PN)* Art of War by Sun Tzu* Do not assume that your enemy thinks in a similar way that you do* Source: Source: Jocko Willink recommendation (PN)* Adventures of a Bystander by Peter Drucker* A captivating journey through his encounters with remarkable individuals who influenced his thinking and shaped the world of management* Source: Jim O'Shaughnessy's recommendation to Ateet Ahluwalia (PN)Motivation* The Alchemist by Paulo Coelho & Ask and It Is Given by Esther and Jerry Hicks* Helped Mike Posner on his spiritual journey* Source: Big Sean recommendations to Mike Poser (PN)* Driven From Within by Michael Jordan* Written during his career peak* Source: David Senra book review (PN)* Michael Jordan: The Life by Roland Lazenby* The key insights into Michael Jordan's competitive spirit and how it made him the greatest basketball player of all time* Source: Ben Wilson book review (PN)Deep Thinking* The Beginning of Infinity and The Fabric of Reality by David Deutsch* Naval Ravikant praises David's work, considering him the smartest human alive* Source: Naval Ravikant and Niklas Anzinger in discussion (PN)* The Ego Tunnel: The Science of the Mind and the Myth of the Self by Thomas Metzinger* “Life is not a mystery anymore” – Thomas Metzinger* Source: Thomas Metzinger's appearance on Making Sense with Sam Harris (PN)* Gold by Haleh Liza Gafori (a new translation of Rumi's poems)* Remedy for overthinking before bed* Source: Tim Ferriss recommendation to Chris Williamson (PN)Get the FULL List at Podcast Notes Thank you for subscribing. 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This is a special episode about Extension:AutoModerator. Here we meet Sam Walton from Wikimedia Foundation, talking about the new tool.
Ever wondered how the founder of Walmart built a $600 billion empire with just six simple rules? In this episode, Adam Stott unpacks the fundamental lessons learned from Sam Walton, the iconic founder of Walmart, who built a $600 billion empire through six simple yet powerful business rules. Adam offers an insightful analysis of how these principles can be adapted to both large corporations and small startups alike. With a focus on customer commitment, employee empowerment, cost management, and embracing change, Adam delivers key strategies for business owners seeking to enhance their operations and growth. Commit to the Client: Shift the focus from transactional interactions with customers to fostering long-term relationships with clients, prioritizing commitment over immediate financial rewards. Empower Your People: Foster a culture where employees feel like partners. This can dramatically increase their engagement and commitment to the business's success. Keep Costs Low: While maintaining cost efficiency is crucial, invest wisely in sales and marketing to drive growth and profitability. Stay Close to the Front Line: Regular interaction with frontline employees provides invaluable insights that can lead to strategic innovations and improvements. Embrace Change: Accept change as a constant and an opportunity to progress, ensuring the business adapts and thrives in evolving environments. Get your Business Growth Secrets SUCCESS PLANNER for FREE and profit like a pro: https://adamstottplanner.com/free-book47315172 Adam's website: https://adamstott.com/?el=Pod Watch the Episode on Adam's YouTube Channel: https://www.youtube.com/adamstottcoach?el=Pod Connect with Adam on Instagram: https://www.instagram.com/adamstottcoach/?el=Pod Join Adam's network on LinkedIn: https://www.linkedin.com/in/adam-stott-coach/?el=Pod Coaches, consultants, and business owners - lower your marketing costs, increase ticket prices, and get more high-ticket clients: https://3daybrandbuilderworkshop.com/start-here?el=Pod
How do You Become an Authority Part 1 Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results. Among the top priced in your niche, or among the lowest. Walmart is thought of as the best logistics company in the world. They charge the lowest amount, and they have taken most of the inefficiencies out of the supply chain. They're Walmart. They're brilliant at what they do. How do they get a $10 item from the other side of the world for $8, beat everybody out, and still? You ever read like the Forbes top 10 billionaires in the world? Six out of the top 10 are the Waltons. If you've ever seen it, it's like, oh, well, Jeff Bezos, yeah? Well, let's have a family Walton reunion, and Jeff Bezos doesn't even come close, right? Sam Walton's kids are half of the top 20. It's ridiculous, right? So they're experts. Google is expert at search. We pay nothing for that. They are experts at it. Now, in this room, it would be very hard for us to be the lowest price and be the authority. Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.
Today Matt Cochrane & I are discussing a great business book, Sam Walton: Made In America. The book is Sam Walton's autobiography and guiding you through the life of Sam Walton and the tremendous growth phase of Wal Mart from the 1960's through the early 1990's.Links:* The book, Sam Walton, Made in America. https://www.amazon.com/Sam-Walton-Made-America-ebook/dp/B008ZPG704/* Long Term Mindset: https://longtermmindset.co/start/DisclaimerNothing on this podcast is investment advice.The information in this podcast is for information and discussion purposes only. It does not constitute a recommendation to purchase or sell any financial instruments or other products. Investment decisions should not be made with this article and one should take into account the investment objectives or financial situation of any particular person or institution.Investors should obtain advice based on their own individual circumstances from their own tax, financial, legal, and other advisers about the risks and merits of any transaction before making an investment decision, and only make such decisions on the basis of the investor's own objectives, experience, and resources.The information contained in this podcast & show notes is based on generally-available information and, although obtained from sources believed to be reliable, its accuracy and completeness cannot be assured, and such information may be incomplete or condensed.Investments in financial instruments or other products carry significant risk, including the possible total loss of the principal amount invested. This podcast, the host, and the guest do not purport to identify all the risks or material considerations that may be associated with entering into any transaction. This host & guest accepts no liability for any loss (whether direct, indirect, or consequential) that may arise from any use of the information contained in or derived from this content. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.securityanalysis.org/subscribe
What I learned from rereading James J. Hill: Empire Builder by Michael P. Malone. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the ability to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Notes and highlights from the episode: —He had unlimited energy, was stubborn, had a temper, was supremely arrogant and he did more to transform the northern frontier of the United States than any other single individual.—One of the things he learned from history and biography: The power of one dynamic individual: Like so many other nineteenth-century youths, young Jim Hill fell under the spell of Napoleon. He came to believe in the strength of will, the power of one dynamic individual to change the world, the conquering hero. (He says that the railroad entrepreneurs conquered the distance between remote communities in the American west)—He accustomed himself to handle a large workload.—If you want to know whether you are destined to be a success or a failure in life, you can easily find out. The test is simple and it is infallible: Are you able to save money? If not, drop out. You will lose. You may think not, but you will lose as sure as you live. The seed of success is not in you. –James J. Hill—He held people's attention as he engaged them in characteristic rapid-fire, highly animated conversation, gesturing expansively and driving home his point with jabbing motions of his hands—the embodiment of high energy.—He worked incredibly hard, sometimes laboring late into the night, falling asleep at the desk, then getting up for a swim in the river and a cup of black coffee, then going back to work.—“Rebates existed in other industries. I just applied them to oil.” Rockefeller said. [Don't copy the what, copy the how] —John D: The Founding Father of the Rockefellers by David Freeman Hawke. (Founders #254)—"The very best employee at any job at any level of responsibility is the person who generally believes that this is their last job working for someone. The next thing they'll start will be their own. — Max Levchin in The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy Soni. (Founders #233)—Hill drank little, worked hard, and confined his socializing to respectable settings. As always, he read incessantly. He permitted himself few distractions in his relentless drive to achieve wealth and status.—Inefficiency disturbs him greatly.—James J. Hill loved eliminating steps.—Genius has the fewest moving parts.—Hill limited the number of details. Then he makes every detail perfect.—Hill called vertical integration, rational integration.—Hill always gets out quickly in front of the emerging trend.—Hill had an entirely pragmatic business personality. When competition suited him in a market, he competed fiercely. But when competition became wasteful to him, he did not hesitate to end it, even if this meant joining with old enemies and creating a monopoly.—Hill was making profits owning steamboats. Then a competitor from Canada starts running the same route and the rates and profits dwindle. Hill discovers a neglected maritime law that prohibited foreign ships from operating in American waters. Hill then persuades the US Treasury Department to enforce the law against his competitor. The competitor has to transfer ownership to an American. After that Hill then merges with that competitor and forges another monopoly.—This railroad is my monument. — James J Hill—As man emerged into history, he became a road maker; the better the road, the more advanced his development. — James J. Hill.—By 1885 Railroads brought in twice the revenue than the federal government.Railroads were the nations largest employer.The railroaders were the largest private land holders in the country.They owned more than 10% of land in the United States.—Hill identified an opportunity hiding in plain sight: Unlike most who viewed the Saint Paul and Pacific as a near-worthless derelict, Hill viewed it as a miracle waiting to happen, a potentially wondrous enterprise simply lacking competent leadership. He studied the road constantly, reading every scrap of information he could find about it and boring anyone who would listen with endless detail as to what it could one day be.—He possessed a priceless advantage compared with most other nineteenth-century rail titans. Rather than coming from the outside world of finance, as most of them did, he arose from the inside world of freighting and transportation, and he knew this world in all its complexities. He was about to demonstrate how certain well-established, regional capitalists on the frontier could challenge and even best larger eastern interests.—Being obsessed is an edge. Hill was obsessed getting control of the bankrupt Saint Paul & Pacific rail line: Hill, who knew the road better than anyone else, constantly argued to his friends, the potential prize defied description. He seemed completely fixated on the project. Many years later, his friend recalled that Jim had spoken of it to him “probably several hundred times” during the mid-1870s.—James J. Hill finds what he is best at in the world at, at 40 years old, in a field where he had no direct experience.—“It pays to be where the money is spent” — James J Hill—James J. Hill was very easy to interface with. He had an easy to understand organizing principle for his company. Hills credo: What we want is the best possible line, shortest distance, lowest grades, and least curvature that we can build.—He had appreciation for those who had dirt underneath their fingernails.—Many observers would later compare Hill with Villard. The comparison was inevitable. “While Hill was building carefully and checking his costs minutely Villard built in ignorance of costs.” Like other transcontinental plungers, Villard did in fact build rapidly and poorly, much of his main line would later have to be torn up and rebuilt. He had rushed to get the massive land grants. Amid mounting deficits and acrimony, Villard was then forced to resign the presidency of the NP in 1884.—Find what you are good at and pound away at it forever.—He simply could not delegate authority and live with the outcome.—Hill on how to build a railroad: Work, hard work, intelligent work, and then more work. — James J Hill.—They managed the finances of the railroad in a highly conservative and prudent manner. Hill advocated and practiced a policy of plowing large percentages of profits directly back into the property, knowing that the best defense against invading railroads was a better-built system that could operate at lower rates.—Give me Swedes, snuff and whiskey, and I'll build a railroad through hell. — James J. Hill—From the Hour of Fate: James J. Hill had built the Great Northern with deliberate thrift and brutal efficiency. His railroad would become among the most profitable in the Northwest. He didn't need JP Morgan the way other railroad executives did. (Financial strength was kryptonite to JP Morgan)—He cared most about freight, never frills.—The life of James J. Hill certainly demonstrates the impact one willful individual can have on the course of history.—I've made my mark on the surface of the earth and they can't wipe it out. — James J Hill.----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
What I learned from reading Leading By Design: The Ikea Story by Ingvar Kamprad and Bertil Torekull and The Testament of a Furniture Dealer by Ingvar Kamprad.----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the ability to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Notes and highlights from the episode: Ingvar works on IKEA from the time he is 17 until he dies at 91.The Testament of a Furniture Dealer by Ingvar Kamprad (1976) is a sermon on the culture of IKEA IKEA's common goal: We have decided once and for all to side with the many. IKEA will offer a wide range of well-designed furniture at prices so low that as many people as possible will be able to afford them.Billy Durant (founder of General Motors) describing Henry Ford's one single idea: Durant noted that Ford “was in favor of keeping prices down to the lowest possible point, giving to the multitude the benefit of cheap transportation.” — Billy Durant: Creator of General Motors by Lawrence Gustin Something Ingvar repeats: We will do it a different way.This will not be easy. We must demand much from ourselves.IKEA must have low prices. Ingvar's dedication to that idea is total. Without low costs we can never accomplish our purpose. The principle can never be compromised: Our policy of serving the many can never be changed.If you are not enthusiastic about your job, one-third of your life goes to waste.Wasting resources is a mortal sin at IKEA.Expensive solutions to any kind of problem are usually the work of mediocrity.Planning is often synonymous with bureaucracy. Exaggerated planning is the most common cause of corporate death.Simple routines have a greater impact. Simplicity in our behavior gives us strength.No reports. No committees. Just done. — Elon in the early days of SpaceX Liftoff: Elon Musk and the Desperate Early Days That Launched SpaceX by Eric Berger. (Founders #369) We dare to do things differently.You had to remember he'd been picking up the best ideas from all around the country. — Copy This!: How I turned Dyslexia, ADHD, and 100 square feet into a company called Kinkos by Paul Orfalea. (Founders #181) Concentration is important to our success. The general who divides his resources will invariably be defeated.We can never do everything, everywhere, all at the same time.We must concentrate for maximum impact, often with small means.Concentration means that at certain vital stages we are forced to neglect otherwise important aspects.Constant meetings and group discussions are often the result of unwillingness or inability on the part of the person in charge to make decisions.Only those who are asleep make no mistakes. Making mistakes is the privilege of the active.The fear of making mistakes is the root of bureaucracy and the enemy of development.It is always the mediocre people who are negative, who spend their time proving that they were not wrong. The strong person is always positive and looks forward.Happiness is not reaching your goal. Happiness is being on the way. It is our wonderful fate to be just at the beginning (He said this when he was already 33 years into running his company!)Bear in mind that time is your most important resource. You can do so much in ten minutes. Ten minutes, once gone, are gone for good. You can never get them back. Divide your life into ten-minute units and sacrifice as few of them as possible in meaningless activity.Let us continue to be a group of positive fanatics who stubbornly and persistently refuse to accept the impossible.Ingvar's family had to rent out all the rooms in their house to strangers to make ends meet.Selling things became an obsession. Trading was in my blood.By 1997 IKEA had mailed out over 100 million catalogs.Ingvar was the first person in the furniture industry to combine a mail order catalog and a furniture store.Cost awareness was to be IKEA's anthem.Ingvar's greatest regret was working so much that he missed out on seeing his 3 son's grow up: Childhood does not allow itself to be reconquered.I have not been able to avoid severe losses. Both fiascoes and triumphs have marked the history of the business.Ingvar would rather his employees make mistakes than be idle.The wave Ingvar rode: Sweden's housing construction boom. More than 1 million new apartments were built after the war. All of them needed well designed, affordable furniture. The way IKEA was described by its competitors: A monster with seven heads: “If you cut off one, another soon grows.”A golden rule of IKEA: Regard every problem as a possibility. The boycott by the National Association of Furniture Dealers was the best thing that ever happened to IKEA. It forced IKEA down a path of product differentiation and helped them stumble upon the idea of flat packing and self assembled furniture.The laws of IKEA since birth: -A good cash reserve must always be ensured.-All property must be owned.-All expansion is to be largely self-financed.-There shall be no boasting.We push cost awareness at all levels with almost manic frenzy.Ingvar believes in the ability to wait out difficulties.Ingvar believes in gathering unfiltered intel from the front lines. He makes unannounced store visits and spends time talking to the employees unloading furniture and helping customers.The day he is free of IKEA life for him will no longer be worth living. He loves it, aways wants to lie as close as possible to it, and never tires of improving it.A demon in me says I have so much to do. I am never satisfied. Something tells me what I'm doing at the moment has to be done better tomorrow.Behind this multinational tycoon is a country boy with a fierce sense of being an underdog.He has a peasants distrust of a favorable destiny that keeps his feet on the ground.----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
Fran Tarkenton is unquestionably one of the greatest quarterbacks ever to play the game of football. A true legend who rightfully earned his place in the NFL Hall of Fame, the College Football Hall of Fame (for his championship career with the University of Georgia Bulldogs), and on the list of the 50 Greatest Minnesota Vikings AND the 50 Greatest New York Giants. In his rookie season in 1961, Fran joined an expansion team called the Minnesota Vikings, and in the first-ever Vikings game he threw four touchdown passes and ran for a fifth, upsetting the great Chicago Bears. At the time of his retirement from the NFL in 1978, Fran owned every significant passing record: 3,686 pass completions, 47,003 passing yards, and 342 touchdowns. Legend. After retirement, Fran became a commentator alongside the one and only Howard Cosell in the Monday Night Football broadcast booth, he landed a job hosting That's Incredible, one of the biggest sensation TV shows of the 1980s, and he became an early entrant into the software business, a visionary move that launched what would become the longest-lasting and most lucrative part of his illustrious and multifaceted career. At 84.6 years old as of the date of this interview, Fran is as sharp – and as busy – as he's ever been. His company, Tarkenton, is as highly regarded as it is successful in helping other businesses grow and prosper. All the incredible lessons he learned growing up, on the gridiron, in entertainment, and in his many business ventures coalesce into his leadership of Tarkenton to this day. But Fran claims no responsibility for the success he's achieved. He attributes it all to the coaching he's received; in the NFL, from greats like Sid Luckman, Norm Van Brocklin and Bud Grant; and in business, from former IBM CEO John Akers to Walmart founder Sam Walton. In this episode, Fran shares colorful stories about his journey from the streets of Washington, DC; to Athens, Georgia, home of UGA; to the NFL; to entertainment; and ultimately to a wildly successful business career. You can learn more about Fran by Googling his name, and you can learn more about Tarkenton Companies by visiting www.tarkenton.com. Second Act Stories theme music: "Between 1 and 3 am" by Echoes
In this episode, we dive deep into the essential steps that can set you on the path to becoming a millionaire and achieving financial freedom in just six months. Discover proven strategies that can transform your financial landscape, starting with the importance of investing in yourself—whether it's through education, skills development, or personal growth. We'll explore how starting a side hustle can create additional income streams, and how to leverage debt wisely to fuel your investments rather than hinder your progress. Embracing minimalism will help you focus on what truly matters, allowing you to allocate more resources toward your financial goals. Plus, learn how automating your savings can streamline your journey to wealth and ensure you're consistently working toward your objectives without the stress of manual tracking. We'll also introduce you to the 'Profit First' system, a revolutionary approach to managing your money that prioritizes profit and ensures your business remains financially healthy. Real estate investment is another key topic, as we discuss strategies for getting started in this lucrative field. Mastering sales techniques is crucial for success in any venture, and we'll provide tips to enhance your selling skills. Tracking your net worth is an essential practice that helps you stay accountable and motivated, while overcoming the fear of failure will empower you to take risks and seize opportunities. To inspire you along the way, we'll feature insights from successful visionaries like Sarah Blakely, Bill Gates, Sam Walton, Elon Musk, Mark Cuban, and Howard Schultz. They share actionable advice and concrete steps that have helped them build their wealth, demonstrating that with the right mindset and strategies, anyone can achieve their financial dreams. Join us for this transformative episode and take the first steps toward your millionaire journey! Learn more about your ad choices. Visit megaphone.fm/adchoices
Founders ✓ Claim Key Takeaways “If Steve Jobs studied Edwin Land, I think every other founder should as well.” – David Senra Optimize for breadth as well as depth; hire the chemist who does photography on the side! Something magical exists at the intersection of the humanities and the sciences “Missionaries make better products.” – Jeff Bezos Missionaries and mercenaries are the two types of people that will be attracted to a companyWhile the mercenaries are there for the perks, status, and money, the missionaries are there to make better products because they believe in what the company is doingLeverage the power of demonstration: No argument in the world can compare with one dramatic demonstrationA first-class product needs first-class packaging and marketing! The founder is the guardian of the company's soul If you are lucky enough to find your life's work, why would you quit? You should take yourself seriously, but don't make yourself miserable; none of us get out of this alive Read the full notes @ podcastnotes.orgWhat I learned from rereading Instant: The Story of Polaroid by Christopher Bonanos. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Episode Outline: — The most obvious parallel is to Apple Computer. Both companies specialized in relentless, obsessive refinement of their technologies. Both were established close to great research universities to attract talent. Both fetishized superior, elegant, covetable product design. And both companies exploded in size and wealth under an in-house visionary-godhead-inventor-genius. At Apple, that man was Steve Jobs. At Polaroid, the genius was Edwin Land. Just as Apple stories almost all lead back to Jobs, Polaroid lore always seems to focus on Land.— Both men were college dropouts; both became as rich as anyone could ever wish to be; and both insisted that their inventions would change the fundamental nature of human interaction.— Jobs expressed his deep admiration for Edwin Land. He called him a national treasure.— Books on Edwin Land:Land's Polaroid: A Company and the Man Who Invented It by Peter C. Wensberg (Founders #263)A Triumph of Genius: Edwin Land, Polaroid, and the Kodak Patent War by Ronald Fierstein (Founders #134)Land's Polaroid: A Company and the Man Who Invented It by Peter C. Wensberg (Founders #133)The Instant Image: Edwin Land and the Polaroid Experience by Mark Olshaker (Founders #132)Insisting On The Impossible: The Life of Edwin Land and Instant: The Story of Polaroid(Founders #40)— Biography about Steve Jobs: Becoming Steve Jobs: The Evolution of a Reckless Upstart into a Visionary Leader by Brent Schlender and Rick Tetzeli— Edwin Land of Polaroid talked about the intersection of the humanities and science. I like that intersection. There's something magical about that place. There are a lot of people innovating, and that's not the main distinction of my career. The reason Apple resonates with people is that there's a deep current of humanity in our innovation. I think great artists and great engineers are similar, in that they both have a desire to express themselves. In fact some of the best people working on the original Mac were poets and musicians on the side. In the seventies computers became a way for people to express their creativity. Great artists like Leonardo da Vinci and Michelangelo were also great at science. Michelangelo knew a lot about how to quarry stone, not just how to be a sculptor. — Steve Jobs: The Exclusive Biography by Walter Isaacson (Founders #214)— Book on Henry Ford:I Invented the Modern Age: The Rise of Henry Ford by Richard Snow (Founders #9)The Autobiography of Henry Ford by Henry Ford (Founders #26) Today and Tomorrow Henry Ford (Founders #80) My Forty Years With Ford by Charles Sorensen (Founders #118)The Story of Henry Ford and Thomas Edison's Ten Year Road Trip by Jeff Guinn (Founders #190) — Another parallel to Jobs: Land's control over his company was nearly absolute, and he exercised it to a degree that was compelling and sometimes exhausting.— When you read a biography of Edwin land you see an incredibly smart, gifted, driven, focused person endure decade after decade of struggle. And more importantly —finally work his way through.— Another parallel to Jobs: You may be noticing that none of this has anything to do with instant photography. Polarizers rather than pictures would define the first two decades of lands intellectual life and would establish his company. Instant photos were an idea that came later on, a secondary business around which his company was completely recreated.— “Missionaries make better products.” —Jeff Bezos— His letter to shareholders gradually became a particularly dramatic showcase for his language and his thinking. These letters-really more like personal mission statements-are thoughtful and compact, and just eccentric enough to be completely engaging. Instead of discussing earnings and growth they laid out Land's World inviting everyone to join.— Land gave him a four-word job description: "Keeper of the language.”— No argument in the world can ever compare with one dramatic demonstration. — My Life in Advertising by Claude Hopkins (Founders #170)— The leap to Polaroid was like replacing a messenger on horseback with your first telephone.— Hire a paid critic:Norio Ohga, who had been a vocal arts student at the Tokyo University of Arts when he saw our first audio tape recorder back in 1950. I had had my eye on him for all those years because of his bold criticism of our first machine.He was a great champion of the tape recorder, but he was severe with us because he didn't think our early machine was good enough. It had too much wow and flutter, he said. He was right, of course; our first machine was rather primitive. We invited him to be a paid critic even while he was still in school. His ideas were very challenging. He said then, "A ballet dancer needs a mirror to perfect her style, her technique.— Made in Japan: Akio Morita and Sony by Akio Morita.— Another parallel to Jobs: Don't kid yourself. Polaroid is a one man company.— He argued there was no reason that well-designed, wellmade computers couldn't command the same market share and margins as a luxury automobile.A BMW might get you to where you are going in the same way as a Chevy that costs half the price, but there will always be those who will pay for the better ride in the sexier car. Rather than competing with commodity PC makers like Dell, Compaq and Gateway, why not make only first-class products with high margins so that Apple could continue to develop even better first-class products?The company could make much bigger profits from selling a $3,000 machine rather than a $500 machine, even if they sold fewer of them.Why not, then, just concentrate on making the best $3,000 machines around? — Jony Ive: The Genius Behind Apple's Greatest Products by Leander Kahney.— How To Turn Down A Billion Dollars: The Snapchat Story by Billy Gallagher — Books on Enzo FerrariGo Like Hell: Ford, Ferrari, and Their Battle for Speed and Glory at Le Mans by A.J. Baime. (Founders #97) Enzo Ferrari: Power, Politics, and The Making of an Automotive Empire by Luca Dal Monte (Founders #98) Enzo Ferrari: The Man and The Machine by Brock Yates (Founders #220) — Soul in the game. Listen to how Edwin Land describes his product:We would not have known and have only just learned that a new kind of relationship between people in groups is brought into being by SX-70 when the members of a group are photographing and being photographed and sharing the photographs: it turns out that buried within us—there is latent interest in each other; there is tenderness, curiosity, excitement, affection, companionability and humor; it turns out, in this cold world where man grows distant from man,and even lovers can reach each other only briefly, that we have a yen for and a primordial competence for a quiet good-humored delight in each other:we have a prehistoric tribal competence for a non-physical, non-emotional, non-sexual satisfaction in being partners in the lonely exploration of a once empty planet.— “Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company's owners are slim at best.” —Charlie Munger----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
What I learned from rereading Instant: The Story of Polaroid by Christopher Bonanos. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Episode Outline: — The most obvious parallel is to Apple Computer. Both companies specialized in relentless, obsessive refinement of their technologies. Both were established close to great research universities to attract talent. Both fetishized superior, elegant, covetable product design. And both companies exploded in size and wealth under an in-house visionary-godhead-inventor-genius. At Apple, that man was Steve Jobs. At Polaroid, the genius was Edwin Land. Just as Apple stories almost all lead back to Jobs, Polaroid lore always seems to focus on Land.— Both men were college dropouts; both became as rich as anyone could ever wish to be; and both insisted that their inventions would change the fundamental nature of human interaction.— Jobs expressed his deep admiration for Edwin Land. He called him a national treasure.— Books on Edwin Land:Land's Polaroid: A Company and the Man Who Invented It by Peter C. Wensberg (Founders #263)A Triumph of Genius: Edwin Land, Polaroid, and the Kodak Patent War by Ronald Fierstein (Founders #134)Land's Polaroid: A Company and the Man Who Invented It by Peter C. Wensberg (Founders #133)The Instant Image: Edwin Land and the Polaroid Experience by Mark Olshaker (Founders #132)Insisting On The Impossible: The Life of Edwin Land and Instant: The Story of Polaroid(Founders #40)— Biography about Steve Jobs: Becoming Steve Jobs: The Evolution of a Reckless Upstart into a Visionary Leader by Brent Schlender and Rick Tetzeli— Edwin Land of Polaroid talked about the intersection of the humanities and science. I like that intersection. There's something magical about that place. There are a lot of people innovating, and that's not the main distinction of my career. The reason Apple resonates with people is that there's a deep current of humanity in our innovation. I think great artists and great engineers are similar, in that they both have a desire to express themselves. In fact some of the best people working on the original Mac were poets and musicians on the side. In the seventies computers became a way for people to express their creativity. Great artists like Leonardo da Vinci and Michelangelo were also great at science. Michelangelo knew a lot about how to quarry stone, not just how to be a sculptor. — Steve Jobs: The Exclusive Biography by Walter Isaacson (Founders #214)— Book on Henry Ford:I Invented the Modern Age: The Rise of Henry Ford by Richard Snow (Founders #9)The Autobiography of Henry Ford by Henry Ford (Founders #26) Today and Tomorrow Henry Ford (Founders #80) My Forty Years With Ford by Charles Sorensen (Founders #118)The Story of Henry Ford and Thomas Edison's Ten Year Road Trip by Jeff Guinn (Founders #190) — Another parallel to Jobs: Land's control over his company was nearly absolute, and he exercised it to a degree that was compelling and sometimes exhausting.— When you read a biography of Edwin land you see an incredibly smart, gifted, driven, focused person endure decade after decade of struggle. And more importantly —finally work his way through.— Another parallel to Jobs: You may be noticing that none of this has anything to do with instant photography. Polarizers rather than pictures would define the first two decades of lands intellectual life and would establish his company. Instant photos were an idea that came later on, a secondary business around which his company was completely recreated.— “Missionaries make better products.” —Jeff Bezos— His letter to shareholders gradually became a particularly dramatic showcase for his language and his thinking. These letters-really more like personal mission statements-are thoughtful and compact, and just eccentric enough to be completely engaging. Instead of discussing earnings and growth they laid out Land's World inviting everyone to join.— Land gave him a four-word job description: "Keeper of the language.”— No argument in the world can ever compare with one dramatic demonstration. — My Life in Advertising by Claude Hopkins (Founders #170)— The leap to Polaroid was like replacing a messenger on horseback with your first telephone.— Hire a paid critic:Norio Ohga, who had been a vocal arts student at the Tokyo University of Arts when he saw our first audio tape recorder back in 1950. I had had my eye on him for all those years because of his bold criticism of our first machine.He was a great champion of the tape recorder, but he was severe with us because he didn't think our early machine was good enough. It had too much wow and flutter, he said. He was right, of course; our first machine was rather primitive. We invited him to be a paid critic even while he was still in school. His ideas were very challenging. He said then, "A ballet dancer needs a mirror to perfect her style, her technique.— Made in Japan: Akio Morita and Sony by Akio Morita.— Another parallel to Jobs: Don't kid yourself. Polaroid is a one man company.— He argued there was no reason that well-designed, wellmade computers couldn't command the same market share and margins as a luxury automobile.A BMW might get you to where you are going in the same way as a Chevy that costs half the price, but there will always be those who will pay for the better ride in the sexier car. Rather than competing with commodity PC makers like Dell, Compaq and Gateway, why not make only first-class products with high margins so that Apple could continue to develop even better first-class products?The company could make much bigger profits from selling a $3,000 machine rather than a $500 machine, even if they sold fewer of them.Why not, then, just concentrate on making the best $3,000 machines around? — Jony Ive: The Genius Behind Apple's Greatest Products by Leander Kahney.— How To Turn Down A Billion Dollars: The Snapchat Story by Billy Gallagher — Books on Enzo FerrariGo Like Hell: Ford, Ferrari, and Their Battle for Speed and Glory at Le Mans by A.J. Baime. (Founders #97) Enzo Ferrari: Power, Politics, and The Making of an Automotive Empire by Luca Dal Monte (Founders #98) Enzo Ferrari: The Man and The Machine by Brock Yates (Founders #220) — Soul in the game. Listen to how Edwin Land describes his product:We would not have known and have only just learned that a new kind of relationship between people in groups is brought into being by SX-70 when the members of a group are photographing and being photographed and sharing the photographs: it turns out that buried within us—there is latent interest in each other; there is tenderness, curiosity, excitement, affection, companionability and humor; it turns out, in this cold world where man grows distant from man,and even lovers can reach each other only briefly, that we have a yen for and a primordial competence for a quiet good-humored delight in each other:we have a prehistoric tribal competence for a non-physical, non-emotional, non-sexual satisfaction in being partners in the lonely exploration of a once empty planet.— “Over the very long term, history shows that the chances of any business surviving in a manner agreeable to a company's owners are slim at best.” —Charlie Munger----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
Guest: Sebastian Siemiatkowski, CEO and co-founder of KlarnaLiving and working in Stockholm, Klarna CEO Sebastian Siemiatkowski thinks a lot about how he's perceived in Silicon Valley: “I feel like here I am, I am the small, country cousin from Sweden.” And on top of that, he knew that someone like Sam Altman wouldn't initially think of a European banking startup as an ideal partner for OpenAI — so, he made up an excuse to fly to San Francisco and meet with Altman. “I felt like, OK, this is going to be the busiest man in the world very soon,” Sebastian recalls. “When I first booked it with Sam, I think I got three hours in his calendar. By the time I arrived in San Francisco, it was down to 30 minutes.”Chapters:(01:02) - Workday and Salesforce (06:01) - Rolling your own (08:45) - AI-driven customer service (15:33) - Automation at scale for business (19:28) - The Toyota way (23:40) - Sam Altman (25:36) - Playing offense (28:25) - Reinventing Klarna (31:44) - The startup journey (35:37) - Common equity (39:28) - Champions League (42:24) - Hype cycles (47:35) - Sebastian's father (52:28) - Control and stability (57:23) - Comfort zone vs. stretch zone (01:02:27) - Creating resilience (01:06:23) - Why Klarna isn't hiring Mentioned in this episode: OpenAI, Seeking Alpha, Slack, Workday, ChatGPT, Stripe, CRMs, Mark Benioff, Twitter, Anthropic, Waymo, Devin AI, the Collison brothers and Stripe, Pieter van der Does and Adyen, Daniel Ek and Spotify, General Atlantic, DST Global, Anton Levy, Michael Moritz, Sequoia Capital, Niklas Adalberth, PayPal, CNBC, “Under Pressure” by Queen, Boris Johnson, Elon Musk, Google, Sam Walton, Made in America, Nina Siemiatkowski, and Snoop Dogg.Links:Connect with SebastianTwitterLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner PerkinsThis episode was edited by Eric Johnson from LightningPod.fm
The best investors are not investors at all. They're entrepreneurs who have never sold. — Nick SleepNick Sleep's letters are a masterclass on the importance of understanding the underlying reality of a business — what he calls the engine of its success.I read all 110,000 words of Nick's letters (twice!) to make this episode and what I found most important is Nick's ability to develop a deep understanding of “honestly run compounding machines” (like Costco and Amazon) years before everyone else.Nick explains clearly how Jim Sinegal and Jeff Bezos set up their companies for long term success —from the very beginning — and gives us a few hints along the way on how we can do the same in our business.And the absolute entrepreneurial history nerd in me loved the references to Henry Ford, Sam Walton, Rockefeller and other greats from the past that are sprinkled throughout Nick's letters.No surprise that someone who was able to make $2 billion for his clients has a deep understanding of the great work that came before him.If you want to read all of Nick Sleep's partnership letters you can do so here for freeYou can also read William Green's book Richer, Wiser, Happier: How The World's Greatest Investors Win In Markets and Life —which both Nick and I recommend. It has an excellent chapter on How Nick and Zak built their firm. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Follow Founders Podcast on YouTube (Video coming soon!) ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
MUSICLinkin Park is backYesterday's countdown finally revealed: A new album called From Zero will be released on November 15th, the first single from the album, "The Emptiness Machine," is out now at all streaming services, Emily Armstrong is now the new vocalist and more...A new Motorhead compilation, We Take No Prisoners, is due out October 25th as a seven-inch single box set and as a two-CD set. It collects the band's A- and B-sides from 1996 to 2006.Hulu and Disney+ have announced that Road Diary: Bruce Springsteen and the E Street Band will start streaming on October 15th. Mastodon and Lamb of God, who did a co-headlining tour this summer, are teasing a new collaboration that will be out on September 12th.David Gilmour wants to sell Pink Floyd's catalog for more than just the money. He told 'Rolling Stone' selling it would be a "dream", because then he could "be rid of the decision-making and the arguments that are involved with keeping it going.” Motley Crue is releasing a 35th anniversary deluxe box set of their 1989 album, 'Dr. Feelgood', on November 22nd.NEW IN RECORD STORES AND STREAMING· 10,000 Maniacs - MTV Unplugged (Expanded Edition) (CD/LP 3 bonus tracks; first time on vinyl)· Airborne Toxic Event - Glory· America - Live From The Hollywood Bowl 1975· Bleachers - A Stranger Desired· Blink-182 - One More Time Part 2 (digital only)· David Gilmour - Luck and Strange· Paris Hilton - Infinite Icon· George Strait - Cowboys and Dreamers & more...TVPeacock is turning the 1989 Tom Hanks cult classic "The Burbs" into a series starring Keke Palmer. · Check out the trailer for "Mr. McMahon", the Netflix docuseries about former WWE boss Vince McMahon. MOVING ON INTO MOVIE NEWS:IN THEATERS: Beetlejuice Beetlejuice Michael Keaton returns as Beetlejuice, Winona Ryder and Catherine O'Hara are back as Lydia and Delia Deetz, and Jenna Ortega is Lydia's rebellious daughter Astrid. Justin Theroux and Monica Bellucci also join the cast. "The Thicket" (R) A western starring Peter Dinklage as a bounty hunter helping Levon Hawke track down the ruthless killer who kidnapped his sister. Juliette Lewis is the killer, Cutthroat Bill, and Esme Creed-Miles from Amazon's "Hanna" is the kidnapped girl. Hugh Jackman still has his Wolverine bod to show off. On Wednesday, the actor posted a shirtless thirst trap picture on Instagram. MISCFormer New England Patriots head coach, Bill Belichick created an Instagram account. “Hello everyone. Surprised to see me here? Well, I am too. Over the past few months, and not being with a team, I haven't had the opportunity to express my thoughts at a moment's notice. So now I'm changing that. I tried to join SnapFace, but I couldn't find it." Beacon, the golden retriever who provided support during the U.S. Gymnastics Olympic trials this summer, has been hospitalized. AND FINALLY!The daughter of Walmart founder Sam Walton has assumed the title of world's richest woman taking the top spot from L'Oréal cosmetics heiress Françoise Bettencourt Meyers.AND THAT IS YOUR CRAP ON CELEBRITIES!Follow us @RizzShow @MoonValjeanHere @KingScottRules @LernVsRadio @IamRafeWilliams > Check out King Scott's band @FreeThe2SG and Check out Moon's bands GREEK FIRE @GreekFire GOLDFINGER @GoldfingerMusic THE TEENAGE DIRTBAGS @TheTeenageDbags and Lern's band @LaneNarrows http://www.1057thepoint.com/Rizz Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
MUSIC Linkin Park is back Yesterday's countdown finally revealed: A new album called From Zero will be released on November 15th, the first single from the album, "The Emptiness Machine," is out now at all streaming services, Emily Armstrong is now the new vocalist and more... A new Motorhead compilation, We Take No Prisoners, is due out October 25th as a seven-inch single box set and as a two-CD set. It collects the band's A- and B-sides from 1996 to 2006. Hulu and Disney+ have announced that Road Diary: Bruce Springsteen and the E Street Band will start streaming on October 15th. Mastodon and Lamb of God, who did a co-headlining tour this summer, are teasing a new collaboration that will be out on September 12th. David Gilmour wants to sell Pink Floyd's catalog for more than just the money. He told 'Rolling Stone' selling it would be a "dream", because then he could "be rid of the decision-making and the arguments that are involved with keeping it going.” Motley Crue is releasing a 35th anniversary deluxe box set of their 1989 album, 'Dr. Feelgood', on November 22nd. NEW IN RECORD STORES AND STREAMING · 10,000 Maniacs - MTV Unplugged (Expanded Edition) (CD/LP 3 bonus tracks; first time on vinyl) · Airborne Toxic Event - Glory · America - Live From The Hollywood Bowl 1975 · Bleachers - A Stranger Desired · Blink-182 - One More Time Part 2 (digital only) · David Gilmour - Luck and Strange · Paris Hilton - Infinite Icon · George Strait - Cowboys and Dreamers & more... TV Peacock is turning the 1989 Tom Hanks cult classic "The Burbs" into a series starring Keke Palmer. · Check out the trailer for "Mr. McMahon", the Netflix docuseries about former WWE boss Vince McMahon. MOVING ON INTO MOVIE NEWS: IN THEATERS: Beetlejuice Beetlejuice Michael Keaton returns as Beetlejuice, Winona Ryder and Catherine O'Hara are back as Lydia and Delia Deetz, and Jenna Ortega is Lydia's rebellious daughter Astrid. Justin Theroux and Monica Bellucci also join the cast. "The Thicket" (R) A western starring Peter Dinklage as a bounty hunter helping Levon Hawke track down the ruthless killer who kidnapped his sister. Juliette Lewis is the killer, Cutthroat Bill, and Esme Creed-Miles from Amazon's "Hanna" is the kidnapped girl. Hugh Jackman still has his Wolverine bod to show off. On Wednesday, the actor posted a shirtless thirst trap picture on Instagram. MISC Former New England Patriots head coach, Bill Belichick created an Instagram account. “Hello everyone. Surprised to see me here? Well, I am too. Over the past few months, and not being with a team, I haven't had the opportunity to express my thoughts at a moment's notice. So now I'm changing that. I tried to join SnapFace, but I couldn't find it." Beacon, the golden retriever who provided support during the U.S. Gymnastics Olympic trials this summer, has been hospitalized. AND FINALLY! The daughter of Walmart founder Sam Walton has assumed the title of world's richest woman taking the top spot from L'Oréal cosmetics heiress Françoise Bettencourt Meyers. AND THAT IS YOUR CRAP ON CELEBRITIES! Follow us @RizzShow @MoonValjeanHere @KingScottRules @LernVsRadio @IamRafeWilliams > Check out King Scott's band @FreeThe2SG and Check out Moon's bands GREEK FIRE @GreekFire GOLDFINGER @GoldfingerMusic THE TEENAGE DIRTBAGS @TheTeenageDbags and Lern's band @LaneNarrows http://www.1057thepoint.com/Rizz Learn more about your ad choices. Visit megaphone.fm/adchoices
In this solo episode, Codie dives into the consequences of poor leadership, emphasizing the importance of trust and long-term thinking in building a successful company culture. She shares insights from top leaders like Elon Musk and Sam Walton, along with tips from successful entrepreneurs and her own experiences in leading businesses. The episode wraps up with a Q&A session where she answers listeners' questions about entrepreneurship and leadership. Record your first video https://creators.riverside.fm/Codie and use code CODIE for 15% off an individual plan. 00:00 START 01:43 Rant: Leadership Lessons 03:00 CEO Story Time: Elon Musk's Leadership 11:44 The Contrarian Creed 15:22 Deal of the Week: Customer Leverage 21:19 Q&A: Advice and Insights
Since its founding in 1967 Fastenal has grown from a small fastener store in Winona, Minnesota, into a multibillion-dollar global organization. How did a small town “nuts and bolts” shop become one of the world's most dynamic growth companies? Whenever asked, company founder Bob Kierlin attributes Fastenal's success to the company's high-quality employees and their commitment to a common goal: Growth Through Customer Service.What I learned from reading The Power of Fastenal People by Robert Kierlin. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Build relationships with other founders, investors, and executives at a Founders Event----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Follow Founders Podcast on YouTube (Video coming soon!) ----Other books mentioned in this episode: Les Schwab Pride In Performance: Keep It Going! by Les Schwab.Sam Walton: Made In America by Sam Walton.All I Want To Know Is Where I'm Going To Die So I'll Never Go There: Buffett & Munger – A Study in Simplicity and Uncommon, Common Sense by Peter Bevelin.Bloomberg by Michael Bloomberg.Born of This Land: My Life Story by Chung Ju-yung.The Bugatti Story by L'Ebe Bugatti.Sol Price: Retail Revolutionary by Robert Price. How To Make A Few Billion Dollars by Brad Jacobs.----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
What I learned from having dinner with John Mackey and reading his autobiography The Whole Story: Adventures in Love, Life, and Capitalism.----Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Follow Founders Podcast on YouTube (Video coming soon!) ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
What I learned from reading The House of Arnault by Brad Stone and Angelina Rascouet. ----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Build relationships with other founders, investors, and executives at a Founders Event----(3:00) While other politicians were content to get their information from a scattering of newspapers, he devoured whole shelves. — Young Titan: The Making of Winston Churchill by Michael Shelden. (Founders #320)(7:00) Arnault had understood before anyone else that it was a true industry. — The Taste of Luxury: Bernard Arnault and the Moet-Hennessy Louis Vuitton Story by Nadege Forestier and Nazanine Ravai. (Founders #296)(9:00) Arnault is an iron fist in an iron glove. — The Taste of Luxury: Bernard Arnault and the Moet-Hennessy Louis Vuitton Story by Nadege Forestier and Nazanine Ravai.The public conception of Sam as a good ol' country boy wearing a soft velvet glove misses the fact that there's an iron fist within. — Sam Walton: The Inside Story of America's Richest Man by Vance Trimble.(12:00) People often ask me, “When are you going to retire?” And I answer, “Retire from what?” I've never worked a day in my life. Everything I've done has been because I've loved doing it, because it was enthralling. — Am I Being Too Subtle?: Straight Talk From a Business Rebel by Sam Zell. (Founders #269)(16:00) “I am not interested in managing a clothing factory. What you need, and I would like to run, is a craftsman's workshop, in which we would recruit the very best people in the trade, to reestablish in Paris a salon for the greatest luxury and the highest standards of workmanship. It will cost a great deal of money and entail much risk.” — Christian Dior to Marcel Boussac(17:00) Arnault believed that luxury brands could be larger than anyone at the time imagined.(20:00) Arnault said this 35 years ago: “My ten-year objective is that LVMH's leading position in the world be further strengthened in the luxury goods sector. I believe that there will be fewer and fewer brand names capable of retaining a worldwide presence and that those of our group will be among them as we will provide them with the means for growth.”(25:00) There are huge advantages for the early birds. When you're an early bird, there's a model that I call surfing—when a surfer gets up and catches the wave and just stays there, he can go a long, long time. But if he gets off the wave, he becomes mired in shallows. But people get long runs when they're right on the edge of the wave, whether it's Microsoft or Intel or all kinds of people, including National Cash Register. Surfing is a very powerful model.” — the NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger. (Founders #329)(25:00) One thing I learned from having dinner with Charlie was the importance of getting into a great business and STAYING in it. There's a tendency in human nature to mess up a good thing because of an inability to sit still.(25:00) The incredible career of Les Schwab: Les Schwab Pride In Performance: Keep It Going! by Les Schwab. (Founders #330)(30:00) Dior in his autobiography: It is widely, and quite erroneously, believed that when the house of Christian Dior was launched, enormous sums were spent on publicity: on the contrary in our first modest budget not a single penny was allotted to it. I trusted to the quality of my dresses to get Christian Dior talked about. Moreover, the relative secrecy in which I chose to work aroused a positive whispering campaign, which was excellent (free) propaganda. Gossip, malicious rumours even, are worth more than the most expensive publicity campaign in the world.(31:00) Munger: “There are actually businesses that you will find a few times in a lifetime, where any manager could raise the return enormously just by raising prices-and yet they haven't done it. So they have huge untapped pricing power that they're not using. That is the ultimate no-brainer. Disney found that it could raise those prices a lot and the attendance stayed right up. So a lot of the great record of Eisner and Wells came from just raising prices at Disneyland and Disneyworld and through video cassette sales of classic animated movies. At Berkshire Hathaway, Warren and I raised the prices of See's candy a little faster than others might have. And, of course, we invested in Coca-Cola-which had some untapped pricing power.”— Charlie Munger: The Complete Investor by Tren Griffin(33:00) The benefits Arnault receives from owning commercial real estate: He makes money from his own stores, from leasing space to rivals—and from the appreciation of premium real estate. When LVMH buys a building, it takes the best storefronts for its own brands and often asks rivals to move out when their leases expire.(35:00) Arnault is all about details. He has 200,000 employees and he's paying attention to details about landscaping in the Miami Design District.(36:00) If we lose the detail, we lose everything. — Disney's Land: Walt Disney and the Invention of the Amusement Park That Changed the World by Richard Snow. (Founders #347)----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
What I learned from reading Sam Walton: The Inside Story of America's Richest Man by Vance Trimble. ----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Build relationships with other founders, investors, and executives at a Founders Event----(2:30) Sam Walton built his business on a very simple idea: Buy cheap. Sell low. Every day. With a smile.(2:30) People confuse a simple idea with an ordinary person. Sam Walton was no ordinary person.(4:30) Traits Sam Walton had his entire life: A sense of duty. Extreme discipline. Unbelievable levels of endurance.(5:30) His dad taught him the secret to life was work, work, work.(5:30) Sam felt the world was something he could conquer.(6:30) The Great Depression was a big leveler of people. Sam chose to rise above it. He was determined to be a success.(11:30) You can make a lot of different mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you're too inefficient. — Sam Walton: Made In America by Sam Walton. (Founders #234)(15:30) He was crazy about satisfying customers.(17:30) The lawyer saw Sam clenching and unclenching his fists, staring at his hands. Sam straightened up. “No,” he said. “I'm not whipped. I found Newport, and I found the store. I can find another good town and another store. Just wait and see!”(21:30) Sometimes hardship can enlighten and inspire. This was the case for Sam Walton as he put in hours and hours of driving Ozark mountain roads in the winter of 1950. But that same boredom and frustration triggered ideas that eventually brought him billions of dollars. (This is when he learns to fly small planes. Walmart never happens otherwise)(33:30) At the start we were so amateurish and so far behind K Mart just ignored us. They let us stay out here, while we developed and learned our business. They gave us a 10 year period to grow.(37:30) And so how dedicated was Sam to keeping costs low? Walmart is called that in part because fewer letters means cheaper signs on the outside of a store.(42:30) Sam Walton is tough, loves a good fight, and protects his territory.(43:30) His tactics later prompted them to describe Sam as a modern-day combination of Vince Lombardi (insisting on solid execution of the basics) and General George S. Patton. (A good plan, violently executed now, is better than a perfect plan next week.)(43:30) Hardly a day has passed without Sam reminding an employee: "Remember Wal-Mart's Golden Rule: Number one, the customer Is always right; number two, if the customer isn't right, refer to rule number one.”(46:30) The early days of Wal-Mart were like the early days of Disneyland: "You asked the question, What was your process like?' I kind of laugh because process is an organized way of doing things. I have to remind you, during the 'Walt Period' of designing Disneyland, we didn't have processes. We just did the work. Processes came later. All of these things had never been done before. Walt had gathered up all these people who had never designed a theme park, a Disneyland.So we're in the same boat at one time, and we figure out what to do and how to do it on the fly as we go along with it and not even discuss plans, timing, or anything.We just worked and Walt just walked around and had suggestions. — Disney's Land: Walt Disney and the Invention of the Amusement Park That Changed the World by Richard Snow. (Founders #347)(1:04:30) Sam Walton said he took more ideas from Sol Price than any other person. —Sol Price: Retail Revolutionary by Robert Price. (Founders #304)(1:07:30) Nothing in the world is cheaper than a good idea without any action behind it.(1:07:30) Sam Walton: Made In America (Founders #234)----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
A Note from James:Today, we have a very special guest, Steve Forbes, who is arguably the world's leading authority on billionaires. Each year, Forbes magazine publishes the Forbes 400, listing the 400 wealthiest people on the planet. Although I sometimes disagree with the list, Steve always provides fascinating insights into what it takes to become a billionaire. Our conversation covers various intriguing topics about wealth, success, and the unique traits that make these billionaires stand out. Let's jump into it.Episode Description:In this episode, originally recorded on August 10th, 2018, James sits down with Steve Forbes, the chairman and editor-in-chief of Forbes Media, to explore the traits and strategies that define billionaires. Steve shares his wealth of knowledge from years of curating the Forbes 400 list, offering a rare glimpse into the minds and habits of the world's richest individuals. This conversation is not just about money; it's about understanding the relentless drive, innovative thinking, and strategic decisions that set billionaires apart. Whether you're an aspiring entrepreneur, a business leader, or someone fascinated by success stories, this episode offers unparalleled insights you won't find anywhere else. What You'll Learn:The key habits and mindsets that distinguish billionaires from millionaires.How billionaires maintain agility and innovation even as their companies grow.The role of passion and obsession in achieving monumental success.Insights into the economic and technological trends shaping the billionaire landscape.Real-world examples of how billionaires like Jeff Bezos and Warren Buffett manage their businesses.Chapters:01:30 - Introduction to Steve Forbes and the Forbes 400 list.03:12 - Why billionaires fascinate the public and insights on the self-made nature of most billionaires.05:00 - Discussion on Jeff Bezos hitting the $100 billion mark and the strategies of top billionaires.08:46 - The actual number of billionaires and their strategies for staying under the radar.13:10 - The differences in habits between millionaires and billionaires.18:14 - The importance of passion and seeing opportunities where others don't.21:11 - The evolution of media and Forbes' approach to digital transformation.25:15 - Inflation, deflation, and the economic impacts of technology and productivity.29:26 - Potential billionaire candidates for the presidency and their political prospects.32:11 - Billionaire Blitz! Quick thoughts on notable billionaires featured in James's book "Think Like a Billionaire."Additional Resources:Forbes 400 ListThink Like a Billionaire by James AltucherI Love Capitalism! by Ken LangoneForbes MagazineThe Two Pizza Rule: How Amazon Delivers High-Impact ResultsTune in for an enlightening conversation that goes beyond the numbers to reveal the essence of what it means to think and act like a billionaire. ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn