Modern Wisdom - 14 Patterns Behind the World’s Greatest Minds - David Senra - #1126

Episode Date: July 20, 2026

David Senra is the host of Founders podcast and an investor. What separates successful founders from everyone else? Luck and timing matter, but they’re not the whole story. The best founders share ...repeatable patterns in how they think, work, and handle pressure. You can’t control the hand you’re dealt, but you sure can control how you play it. Expect to learn the work habits behind the genius of Rick Rubin, the 3 different types of founders with 3 specific traits who find unparalleled success, the simple advice most founders abide by when building their ideas into companies, why making mistakes is actually a badge of honour, how to have an obscene level of focus and much more… Sponsors: See discounts for all the products I use and recommend: ⁠https://chriswillx.com/deals⁠ Get a free bottle of D3K2, an AG1 Welcome Kit, and more when you first subscribe at https://ag1.info/modernwisdom Get up to 20% off Timeline powered by Mitopure (now at a lower price) at https://timeline.com/modernwisdom Get 160+ lab tests for just $365 and save an extra $25 at https://functionhealth.com/modernwisdom Get 35% off your first subscription on the best supplements from Momentous at https://livemomentous.com/modernwisdom Get ChatGPT to explore ideas, solve problems, and learn faster at ⁠https://chatgpt.com Timestamps: (00:00) The Mindset Behind “Lazy Workaholics” (04:26) Why You Have to Bet on Yourself to Find Success (13:42) Feed Your Mind or Fall Behind (24:19) The Power of One Simple Idea (30:51) Failure Is a Privilege of Progress (37:30) Why Listening Is the Real Advantage (41:14) Don’t Solve Problems, Avoid Them (47:37) Why You Should Create for Yourself First (50:08) Be Ruthless With Your Life (56:49) Are Entrepreneurs Bad at Relationships? (01:12:15) The One Biography Every Ambitious Person Should Read (01:19:13) Is Respect the End Goal? (01:27:11) Don’t Let Others Define Your Success (01:30:56) Where to Find David Extra Stuff: Get my free reading list of 100 books to read before you die: ⁠https://chriswillx.com/books⁠ Try my productivity energy drink Neutonic: ⁠https://neutonic.com/modernwisdom⁠ Episodes You Might Enjoy: #577 - David Goggins - This Is How To Master Your Life: ⁠lnkfi.re/SN-Goggins⁠ #712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: ⁠lnkfi.re/SN-Peterson⁠ #700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: ⁠lnkfi.re/SN-Huberman⁠ - Get In Touch: Instagram: ⁠https://www.instagram.com/chriswillx⁠ Twitter: ⁠https://www.twitter.com/chriswillx⁠ YouTube: ⁠https://www.youtube.com/modernwisdompodcast⁠ Email: ⁠https://chriswillx.com/contact⁠ - Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript
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Starting point is 00:00:00 I'm a lazy workaholic. I have to force myself to do it. My demeanor would be to do nothing. What's that mean? Okay, this was shocking. So I've been a massive fan of Rick Rubin for probably decades. I grew up listening to rap. He founded one of the most important hip-hop record labels in his dorm room when he was like 18 or 19. He'd think he's 63 now. And he's still making incredible music. So I've done a bunch of episodes about him going back like five, six years ago, going back five or six years. on my other podcast founders, right? So I read biographies about him. I read his book, Creative Act. Have you read Creative Act? Yes. Okay. And so then I had the opportunity to meet him and then record an episode with him.
Starting point is 00:00:40 And I thought, you know, I've read his biography over and over and watched every interview with him. I thought I kind of knew what to expect. And that was when he said, I'm a lazy workaholic. You can even watch the clip on the show where it's like, you're lying to me, right? Like, what are you talking about? Because out of anybody in the world that gets paid to be themselves, you would say like Rick Rubin's got to be towards the top of that list, right? And I thought he was just
Starting point is 00:01:04 completely obsessed with music. I thought he was just obsessed and absolutely loved his work. And his whole point, he's just like, no, I have to force myself to do it. Like, I like the act of creation. I like finishing the creation. But the five months of us doing thousands of takes, he goes, I don't like that. I wake up every day. And I'm like, oh, my, it's not like, the line he said, he goes, it's not like, I wake up every day. I'm like, oh, my God, I get to go to work today. He goes, oh no I have to go to the studio and what was the reason I wanted to talk to you about that was because like when you put that out I got thousands of messages from people in all walks of life saying this is exactly how I feel like I love after I'm done working I like some parts of it but I feel that I have to
Starting point is 00:01:45 force myself to do it and Rick's hilarious because he's like you know it's a beautiful day we filmed at Shangri-La his recording studio Malibu and I think I think I might have said or he might have said he's like I'd rather just be, you know, out here butt naked in the sun instead of in the studio. There is a part of me that doesn't want to show up for anything and I have to overcome that every day. Yeah, that's his, that's a direct quote from him, which is, again, shocking considering, because, you know, I understand if you're trying to do something you do it for a year, maybe five years, maybe you can, you struggle through that for a few years. But this guy has been in the same industry, the same business, likely doing the same trade for four decades.
Starting point is 00:02:22 And he says he's felt like that forever. He's like now he just has a little bit more control over his life. He was telling me that like the first 25 years of his career, it was essentially seven days a week, 16 hours a day in a dark recording studio. It's tough to do if it feels like a burden, if you have to make yourself do that and you've got this tiny bit of enjoyment at the end once you've shipped the product. Part of my like my heart sank a little because he is like somebody admire and, you know, somebody almost like a hero of mine.
Starting point is 00:02:47 And I feel the opposite. Like I wake up, you know, and I was like, I cannot wait. Right now the team, we took a two week break from the, the new show because the team was in Italy when team members is getting married. And it was like close to depression. I was like I miss not being able to podcast and have these conversations and like just do the things that I'm doing every day. So it's completely opposite. How I felt is how I thought Rick would have felt. So it's like very surprising. You see somebody that is literally the best in the world of what he does. He maintains a singular position and he's telling you no, it's a fucking
Starting point is 00:03:15 struggle for me too. What's driven him to keep going if he dislikes the process that much? He loves the magical act of creation when something is not going well and they're failing and they're failing and they're failing and they're experimenting and experimenting and then they just do one little tweak. It's like, oh, now we got it. He says he's addicted to that, that moment of creation of figuring it out. That's what he likes. High level problem solving. Basically, the context window that Rick Rubin has is bigger than anybody else is for music. And he's just able to take all of this stuff in and I think you just nailed it. And this is something very common with anybody gets to the top of the profession. you're going to notice that they have this encyclopedic knowledge of history in their head. So he'll talk about, you know, oh, hey, we're struggling with, you know, we're working with Red Hot Chili Peppers. We took an idea that the Beatles did 30 years earlier. There's this great documentary about his recording studio called Shangela. I think it's a four-part documentary.
Starting point is 00:04:07 And if they're struggling, he's got this, like, massive library. And he'll just go in there. He's like, hey, we don't know what we're doing. He'll take one of the musicians he's working with. Let's just pick a random book off a shelf, open to a random page, and read a paragraph. And then they'll just talk about that paragraph. Did that spawn any kind of thought? And so, yeah, he's got this incredible knowledge in his head.
Starting point is 00:04:26 Chips on shoulders put chips in pockets. So this is a quote from this venture capitalist thing, Josh Wolf. And I think about this maximum all the time. It reappears throughout entrepreneurship history. It still reappears for people building companies today. This comes from the founder of Apple, the guy named Adam. Adam is probably the best founder no one's ever heard of. He's running like a $170 billion market cap company.
Starting point is 00:04:46 They're going to print something like $6 billion in cash this year. and he's got 400 employees. And Adam hires, the context of this discussion we were having is that he won't, if you just have like this normal, you know, you grew up wealthy, you went to great prep schools, you got into Harvard easily. Like, he doesn't hire this kind of people. He looks for dysfunctional people to have something to prove. His number two is this guy named Raff.
Starting point is 00:05:11 And Raff has worked for Adam over half of his life. Raff is a high school dropout. So he was working for Adam when he was 17 years old, got kicked out of his house. had to live inside of the office. There's pictures they've showed me where he built bunk beds in the office. He's now the second largest shareholder in Apple oven. So the kids in his early 30s,
Starting point is 00:05:30 the guys in his early 30s, and he's got, you know, five or six billion dollars worth of Apple Evan stock, for example. And when you hear Adam and people like this talk about, hey, these are people who want to hire, they have something to prove, they're very hungry, they tend to work a lot harder, they're a lot smarter, they're less scrappier.
Starting point is 00:05:45 But then I think what's also interesting is they're also telling you about them. And so one thing that that drove Adam to build his company because, like I said, it's, you know, $170 billion market cap company. When he started the company, he tried to sell. He went around to all the top VCs in the world, try to raise money. He's like, I will give you a quarter of my company. I will give you 25% of my company for a million dollars. And he valued his own company at $4 million.
Starting point is 00:06:11 Every single top VC in the world turned him down. Then they went and funded his competitors. And once they did that, he goes, then it was our company goal. to drive those people out of business. And you go from, you know, saying my company's worth $4 million to 15 years later, I took my company public. It's now, you know, almost 200. I think the top it went to it was like $220 billion.
Starting point is 00:06:34 And he thinks what they're trying to do is he thinks he thinks he has a path to like a trillion dollar company. And he wants to do that by essentially having this like island of misfit toys. These people that were looked over by other people, they failed over and over again. they would not be hired by the big firms. It's a weird company full of unusual business practices. You have to be an unusual person to thrive in that kind of environment. And he feels those are the single best employees that you can find.
Starting point is 00:07:00 What is it that you think drives somebody to keep going through that situation with that chip on their shoulder? I mean, dude, me and you have hung out a bunch. We've had crazy conversations off very personal conversations. Some of which we should have recorded. We were talking before here. I mean, you have this. Like, you know, you grew up working class. It's like random part of the world.
Starting point is 00:07:22 I think I obviously have this too. I don't, I think like both you and I, and I think Adam fits into this and I think Raffo I just talked about. It's like, the feeling I had is like, man, I was just like born in the wrong spot. Like this is not, this is not my peer group. This is not going to be the destiny of my life. Like, this is why I mean you read so much,
Starting point is 00:07:43 where we listen to podcasts, why we were like, huge into self-education and self-improvement. It's just like, well, this is the station I was born into, but like I can, the world is very malleable. And if I go after something with like maximum effort and drive and intensity, like, I can change the world around me. I remember the first time we recorded, I think you were still living in the UK. This is probably like four years ago.
Starting point is 00:08:02 And then you just gave me this tour of this crazy, insane studio you built out. It's like, you did this exact thing yourself. It's like, I didn't like my life. So I'm going to use that chip on my shoulder as fuel to prove that. that I am not subject to these circumstances. I can actually influence this. There's a Kanye West clip. Have you seen this before?
Starting point is 00:08:20 It's him on the Breakfast Club talking about 2013 versus 2023. No, I'd love to see it, though. Dude. It's not quite the edit that I wanted because a lot of the B-roll and stuff of all of the shit that he did. But this is fucking spectacular. The interview for me from 10 years ago, everybody says, I love that interview. People didn't love it back then, though, because I was speaking to the future. I'm 10 years ahead.
Starting point is 00:08:44 mentally and I'm trapped in today's time and every now and then I crack you a smile for 2013 but I'm cracking you a frown for 2023 and I'm focused on what it's gonna be just mark my words as I have Kanye West you seen my execution did I not become the biggest rock star on the planet did I not influence all musicians that I not go and get the exact girl that I want that I not start my family that I not ruffle the feathers of two presidents that I not Did I not get a chance to operate with work for my idol? Did I not make Louis Vuittans? Do people not line up at the Yeezy store?
Starting point is 00:09:22 Did I not make the college drop out? Late registration. Graduation. 808s. Blueprint 1. Blueprint 3. Watch the throne. Cool summer.
Starting point is 00:09:32 And Yeez is if you like it and that. I love that. It's funny you bring that up because have you seen the documentary on Netflix where this guy's poor? He's living in a shitty apartment in Newark, New Jersey at the time. And he has a filmmaker. follow him around as he's trying to sell his beats in New York City. Have you seen this?
Starting point is 00:09:48 It's in terms of like... The biggest bet on himself. The hero's journey. In fact, I transcribed, I think the first two episodes of that documentary. You could skip the third episode is like the perfect illustration of this idea like that we talked about last time I was on the show, belief comes before ability. And you see like they just, he's, he's walking to the train and he's practicing his Grammy acceptance speech.
Starting point is 00:10:09 He's never even wrapped a bar. He does not have a signal, a single out. it was so good that I was transcribing those two episodes and I was going to make it into a founder's episode and then he did that like huge anti-Semitic rant I was like oh I'm just going to put this shit with us up for a while we'll wait till he comes back around yeah you're right dude I mean this is the the topic that's probably the most likely thing that I write my book about will be the lonely chapter and it's moving from a place where you don't belong to one where you feel like you do and it's you're so developed that you no longer fit in with your old set of friends, but you're not yet sufficiently developed that you build the new ones.
Starting point is 00:10:47 And you're stuck in this messy middle and you're thinking, well, the Rocky montage is three and a half minutes in the movies, but it's been four years for me. And what the fuck's going on? You've got all of this doubt and it's tainted by uncertainty about what the future holds for you and everybody that's around you doesn't understand what you're doing or doubts what you're doing or actively stops you from doing the thing that you're doing. And it's a selection criteria.
Starting point is 00:11:07 Very few people are born into an environment that is supportive for rapid change in growth because people don't like that. It feels like chaos. It feels like uncertainty. And if you make a lot of changes, it throws into quite harsh contrast all of the ways that I'm not changing. If you grow a lot, that means that my lack of growth is potentially on me. It's the same reason that in the black pill and the in-cell community ascending,
Starting point is 00:11:31 as in being liked by women is one of the, you become outcast if that happens because you're not a true cell. you're a fake cell. One of the reasons for that is if you can get laid or if you can get a phone number from a goal, maybe I can too. And hope with disappointment is way more painful than apathy with acceptance. And yeah, chips on shoulders, put chips in pockets. Do you, like, it's funny, you never know where you're going to resonate with.
Starting point is 00:12:00 And I think that out of all the, think about how many short form videos we've probably consumed in our lives, like, I don't know, tens of thousands. and there's like this one minute, maybe the 30 second clip of Shia LeBuff. I don't even pronouncing his name, the actor, Shia, whatever his name is. And he said something where it was just like when me and George were talking right before we started recording, you'll feel this like when you read, you know, somebody else's like story or a book, you're like, oh, I feel like I'm reading about myself. Like this is exactly how I feel.
Starting point is 00:12:27 And he was talking about, he's another person that chips on shoulders put chips in pockets. He was talking about it's like, hey, I don't care what you think. He was like, because I grew up an environment where there's like, no. support. So what the defense mechanism and the tool that he used was, he's like, I had to convince myself that my opinion about what I was doing in my life was the most important opinion. And he literally, and he would cut everybody else out of his life that gave him like counter evidence that, hey, you're not going to make it as an actor. Go back and watch the documentary on Kanye. There's just like, there was nobody around him that he was not going to keep you in your life
Starting point is 00:13:03 if you said, hey, just be a producer. There's, that was a great Kanye. clip that you played one that I watch all the time it's a minute long it's called Kanye West spazzing out this is before he put us first album and he's the clip starts he's like hitting his hands he goes don't compare me to any other producer rapper because at the time there was other people that started in production and did they start a rap and he went over and over again he goes he goes he at one point my beats were whack dog he goes I taught myself how to make hot beats these are this is his words now he goes and it's the same thing with rapping he goes I don't know how to rap I'm going to teach myself how to do it that growth mindset and he goes and
Starting point is 00:13:37 the clip ends and the gray singles, and I have a leg up because I hear my beats first. The mind is a powerful place and what you feed it can affect you in a powerful way. Okay, so that is a line from another rapper, this guy named NF, who's one of my favorite rappers. And that reappears throughout not only the books I read, like all these books on history, I've read for my other podcasts, but when I start sitting down and talking to, you know, some of the best entrepreneurs in the world like I do for the new show, this came from Toby Lucke, founder of Shopify. And it was the most surprising conversation I may have ever had in my entire life. Okay? Because you go in, like, if you never met somebody before, you're going to, there's going to be some kind of like typecast, right?
Starting point is 00:14:16 It's like you got this German engineer who built a $200 billion company and this one of the most successful technology platforms that ever been created. And he started as a by himself with a single laptop in his wife's childhood bedroom because he had no money. and they literally had to be supported by his wife's family at the time. And so you think this guy's German engineer, he's going to be super analytical. And then you talk to him and he's all about intuition and vibes, for lack of a better word. And his whole thing was just like, well, the way you view yourself is very important. And you should know that you can change the way you view yourself. And what you tell yourself, the inner monologue that you have is very important.
Starting point is 00:14:56 And so for a long time, he told himself that I'm afraid of public speaking. I'm afraid of it. I'm bad at it. That's just who I am. And what he would do, again, this sounds like Willie Foo-Fu-Fonsense, but it actually works. He's like every day for 10 minutes, for I think a week or two or however long it took, he would sit there and write
Starting point is 00:15:11 100 times, I love public speaking, I love public speaking, I love public, there's nothing else to that. Just the same positive affirmation, and he was brain, literally brainwashing himself. To now, he's phenomenal on podcasts. He can give a presentation in front of his thousands of employees. He can go on stage. He loves public speaking.
Starting point is 00:15:29 He literally changed his brain. And so I think this is really important on, not only like the people you keep around you. We just touched on it's like, dude, I don't have any money in my life that's like pessimistic or negative. Like these kind of people are like, they're cut out root and stem.
Starting point is 00:15:43 My information diet is like I read old books and I talk to smart, interesting people. The way that I choose who I talk to is like the conversation we had. How do I feel after I just had an hour or two hour conversation with Chris? Fucking alive. Excited.
Starting point is 00:15:57 Like, you had George's idea about sofa friends and treadmill friends? You should, yeah, repeat it though. Yeah, yeah. just that after some people you feel like you need to go and lie down on a sofa and stare at a ceiling for a while. And after spending time with other people, you feel like you want to go and run on a treadmill. The post-content clarity, or post-nut clarity, the equivalent of after you watch a piece of content on the internet from a creator that keeps on popping up in your feed or that maybe you'd subscribe to for a while or not so long of a while, how do you feel after that? Do you want to go outside and ring your mum?
Starting point is 00:16:26 Do you feel like you can achieve more? Do you feel like the world is against you or for you? Are you bitter and looking for enemies, or are you positive some and thinking about abundance? And again, I think people are just way too cavalier on what they put in their mind. So, like, I'm just going to sit down on X and I'm just going to, the algorithm is going to push whatever it wants into my brain and I'm going to sit there and receive it. That's crazy to me. It's like you're influenced by everything. You should be very careful.
Starting point is 00:16:49 The mind is a powerful place, which you feed it affects you in a powerful way. You're just like, you don't put shit in your body if you care about your health and the way you look. Like, why wouldn't you do that same thing for your mind? Yeah. Someone once described modern wisdom as spirulina for your soul in a sea of fast food for your amygdala. And I was like, yeah, that's quite nice. But, okay, so this ties to, I think, a large theme of the discussion that we can have today and a lot of discussions we have in the past. It's like, man, you get one life.
Starting point is 00:17:12 You get one life. You have to do something. I do think work for most humans is like a source of meaning, at least for you and I. It's like, I feel really freaking good about the podcast I make and the information I put out there and, like, what I'm putting out there. And to play on this other end where it's just like you're just like junk food, for the mind. It's like, this is your one shot at life and this is what you did. You have to feel good when you hear stuff like that. I really think if people could, if people could go to the end just for a moment, if they could speed run two alternate universes forward, one where they did
Starting point is 00:17:42 the equivalent of selling their soul and getting all of the success, but not resonating with what it was that they did, or speed running it in a way that meant that the success came, but it came without effort or without personal sacrifice and without like investment of yourself. And the, other one where you had 50% or 10% of the success, but it was spoken truly from you. Like, I've been around enough people who have done something that resonates and that they love, who are way less successful than others that have got bigger platforms, but the people that have got bigger platforms are way more miserable, way more miserable, because they don't, they don't feel it.
Starting point is 00:18:18 Like, you don't want to be, you don't want to achieve success. You want the feeling that being successful gives you. and you can get the first without getting the second if you're not careful. You can achieve success and not feel it, especially if you do something that you don't really care about. I would say, though, like,
Starting point is 00:18:36 the benefit to tie this together is like, the benefit of reading old books is like, I just finished rereading this biography of Joseph Pulitzer from the Pulitzer Prize. And he built one of the most successful media businesses and he was doing around this time of Civil War. That's how he got to America. He was a very poor, he was a Hungarian immigrant.
Starting point is 00:18:53 By the time he's 17 years old, his father and seven out of his eight siblings have died and from like disease. And so he has to come fight in the civil war because he has no money and there was a bunch of wealthy American businessmen that were trying to cede the Union army and they figured, hey, we'll get a bunch of European men, say, we'll pay for your passage over here. And if you survive, you'll get X amount of money. You can, you start a new life in America. That's how Polish you got to start. Now he built, his media at the time was he had two of the most successful newspapers in the world, including the most successful newspaper in the world. Now the negative part of his and where he kind of laundered his reputation by seeding the Pulitzer Prize in the Pulitzer School of Journalism
Starting point is 00:19:30 is that he also is credited with the invention of yellow journalism. All yellow journalism is now is like exactly what we see when we open up Instagram or X. It's just sensationalism, violence, sex, things that just speak that for hundreds of years, thousands of years have peaked human interests. So not that it's good for you, it's just that you're interested in it. It's compelling. So if you read this book, because I always get shipped because people are always like, hey, like, you don't, I don't know anything about current affairs. Like, I don't pay attention to news. I don't read newspapers. I don't look at any of that stuff. And so I'll get a lot of stuff about this. And my thing is, like, if you just read Joseph Pulitzer's biography and William
Starting point is 00:20:04 Randup Hearst who copied his career off Pulitzer, like I did, and you'll see the connection and be like, why am I doing this? Like, do that first and then say, you should, you know, redline this negative information about something's happening 3,000 miles away or 5,000 miles away over and over again for your brain. I've learned from over a thousand podcast episodes that the easier you make your health routine, the more consistent you'll be. It's like golf, right? You want to keep it simple and not mix a bunch of pills. You want the eye of the tiger, not the DUI of the tiger. That's why I'm such a huge fan of AG1. One scoop contains 75 vitamins, minerals, probiotics, and whole food sourced ingredients in a single daily drink. And now they've taken it a step further
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Starting point is 00:21:18 Are heading to drinkagy1.com slash modern wisdom. Speaking of poor immigrants that come to the United States, do you know what that cigar is? No. Do you know where it's from? Cuba? It's the last factory that's still hand-rolling cigars in El Titan de Bronze.
Starting point is 00:21:36 Calaisocho, the little Havana in my own. Yeah, yeah. And that's the same street that your grandfather walked down. Oh, that's funny. when he arrived in Miami with nothing. That's incredible. Yeah, that's incredible.
Starting point is 00:21:50 There's a, I guess like goes back to chips on shoulders, pitch chips in pockets. It's like, I think one of the, I have like this weird interest, right? Like you know this. I have basically four interests. It's history, podcasts, reading, and entrepreneurship. And the entrepreneurship thing is really, really important to me because, like you said, like my grandfather was a poor, uneducated person in Cuba. He was 38 years old.
Starting point is 00:22:10 He had a newborn son, which is my father. He had two jobs. He was a butcher and he worked in a shoe factory and Castro takes over. And somehow a man who had no education, did not speak English and had new resources, realized what was happening and realized I have to get me and my family out of this country right away. And he comes to America. He's an immigrant to America and rebuilds his life. Now, he made a bunch of bad decisions once he got here too that I've learned from and avoided. Like, I didn't ever go to prison like he went to prison.
Starting point is 00:22:38 But that one decision, I'm always fascinated by this because like that one decision of a man that I don't remember meeting because he died. when I was really, really young, so I have no memory of him. It's like literally the change the trajectory of my life. And one of the most important things about growing up in South Florida as the son of a Cuban immigrant is I would constantly nine, seven, ten years old meet people that came over here on rafts. I was like, this is such a weird thing. It's like, that's a one-way trip. Where are the Americans going to the end of Miami Beach and putting their kid on a raft
Starting point is 00:23:03 and hoping to get to Cuba? So I kind of inherently understood that I was born just a very special environment. No control of him. I didn't make that decision. His decision changed the trajectory of my life. And I do think one thing I'm trying to do with the new show is like, hey, I'm very pro-capitalistic. I'm against crony capitalism. I like people that build products and make other people's lives better and then spread those products and services to more people.
Starting point is 00:23:26 And as a result, they can generate wealth for themselves, for their employees, for shareholders of public companies. Like John Mackie, founder of Whole Foods. I've spent a bunch of time with him. We've become friends. He was one of my first guests on my new show. And his whole thing, he grew up and he was a hitchhiking hippie dropping acid in Austin. where we are today, right? And he's just like, hey, I think that Safeway is poisoning us. I'm going to make a Whole Foods grocery store, right? And then do that for decades.
Starting point is 00:23:52 Fast forward two decades of him just having that idea. It's like, I just want a place for people to shop to get healthy food. And as a result of the appreciation of his stock, he was telling stories on the podcast. He's like, these are normal people. They were stocking shelves. They were checking you out. They were bagging your groceries. And they got stock options. And because Whole Foods was successful and they played a role in that, they were able to send their kid to college. They never thought they'd be able to pay for college. They were to buy a house. Those things should be celebrated. We should be given a platform for people to tell these freaking stories.
Starting point is 00:24:19 Find a simple idea and take it seriously. Oh, God. So you even, I think, have made fun of me. That fact, I won't stop talking with this guy named Todd Graves. Chicken guy. Okay. I have some hilarious stories. I don't even know if some of these I can't tell on the podcast,
Starting point is 00:24:33 because now me and Todd have become friends. So Todd Graves, I think the episode I did on him was like Todd Graves in his $20 billion chicken finger dream. So this is going to take a while, but this is worth it. So Todd Graves has this idea. His initial idea is I'm going to remake what in and out did for cheeseburgers. I'm going to do for chicken finger meals, right? He's like, I'm going to have a super simple menu.
Starting point is 00:25:00 Like, you go to Brazen Cains. You have basically an option. Do you want three chicken fingers, four chicken fingers, or six chicken fingers? People are like, oh, you should make a chicken finger sandwich. Okay, that's fine. I'll take two pieces of bread and tip my chicken fingers on it. There's your chicken finger sandwich. It's the, he's been running this business for 30 years.
Starting point is 00:25:15 The menu has not changed in 30 years. He's like, oh, in and out is successful in California. Why can't I be successful in, he started in Louisiana, Baton Rouge, and LSU was his first, was his first restaurant. Just selling one item but doing it better in anybody else, just like in and out tries to be the best hamburger, you know, anybody else when Harry Snyder founded the company. And that idea, find a simple idea and take it seriously, is a maxim from Charlie Munger, who's a hero of mine, who I talked about the last time. was on your show. And what you'll, what Charlie spent six decades, seven decades studying is he wanted to study extreme business success. And what he realized is like, oh, what we find in business, and I would say in life, because me and you were doing this with podcasting, is the winning system
Starting point is 00:25:57 oftentimes goes ridiculously far minimizing or maximizing one or a few variables. All the people that we talked about, all the people I've had on my show, all the successful entrepreneurs that you, that you'll talk to our study. It's like you realize, they have very simple businesses, even if what they're doing is super complex. Like, what's more complex about shooting a rocket and landing it? But if you read about Elon,
Starting point is 00:26:21 he's like, all he talks about is simplifying, taking the idea very seriously, deleting, reducing complexity. So Todd Graves, his whole thing was like, well, I'm going to sell,
Starting point is 00:26:32 his original idea was, I'm going to sell chicken fingers, better than anybody else, and I'm going to do it to drunk college kids. That's what he thought was the total addressable market that he had. And then he realized,
Starting point is 00:26:41 so he thought, thought, I'm going to be able to sell to you when you're out drinking. But he was also open during the day. He starts getting busy during the day. And because he just focused on doing one thing and doing it better anybody else is if you wanted the best chicken fingers, you're just going to go to him. And so even when he breaks down, like, he's got like three or four moving parts on the menu, it's like the chicken fingers, it's the coleslaw, it's a Texas toast, it's the fries.
Starting point is 00:27:02 And there's nothing else. And then he doesn't separate himself from the customer. So like you could draw, he's got 900, when I talked to him a few months ago on my show, He had 915 stores, all owned, no franchises, by the way. He was growing faster in year 30 than he'd ever in his history. So he's adding like another 100. How old is he? 52.
Starting point is 00:27:21 No, no. He's 53 now because he started the company who was 23 years old. And you can drive into a raising gains and place an order and everyone. And Todd Grazer is the one giving you the order. He, his business card says, Frye Cook, cashier, CEO. So sometimes he's handing you the order out of the drive-thru. sometimes he's in the world, like literally dumping the chicken into the oil on doing it because there's no separation between him and his customer. And his idea was just like, well, it's served in
Starting point is 00:27:46 boxes, right? And he goes, as long as that box that I give the customer is the best box they ever get, they'll just keep coming back and back and back. And because he'll never sell the company, the reason I say it's a $20 billion chicken figure dream is because he owns over 90% of the company. It's valued at least $20 billion. He's rejected multiple, multiple billions of dollars in acquisition offers. He says, I can't sell it because He believes, this is going to sound crazy, but he truly believes that God put him on this earth to be good at chicken fingers. And he's building this business so he can build a lot of wealth and then help people. And so he does a ton of charity work, supports a lot of people. And that's what he does with his money. One of my favorite stories about billion-dollar ideas, Joe Hudson, his daughter came bouncing down the stairs after he'd been talking about businesses for a while over the last week. He was a VC for a good while. I was raised, I think, maybe $100 million over his career. And the daughter came bouncing down the stairs
Starting point is 00:28:40 And she said, I finally got it I've got my billion dollar idea He says, oh my God, it's an idea That you think is worth a billion dollars She says, no, no, that's, what? I didn't think that's what it was. No, I've got an idea that I wouldn't sell for a billion dollars. Isn't that cool?
Starting point is 00:28:57 Yeah. It's such a better way to frame a billion dollar idea. Yeah. What is something that you would do that you could build that you wouldn't sell if somebody offered you a billion dollars? I get a lot of shit for this because obviously a lot of entrepreneurs listen to both my shows. And listen, it's none of my business what you do.
Starting point is 00:29:13 I'm not concerned with what other people do for their lives. I don't give advice. I just like build the life that I want to build. But I'm not interested in like start, scale, sell. And in some cases, like I've had good friends of mine so they know it's a joke. They'll call me like, hey, I sold my company. I'm like, oh, sorry to hear that. Because the whole point in my opinion is like you want to get to your last company.
Starting point is 00:29:31 You want to get to the idea that you want to, what did I say when I was on your show last time? that if you love what you do, your exercise should be death. Like, I just got done saying, I get sad when I don't podcast. It sounds fucking ridiculous to a lot of people, but like I took two weeks off of not having these conversations. My life is deficient. Some people do grow. Some people have phases and periods.
Starting point is 00:29:50 I loved running nightclubs for a while. Not going to love running nightclubs forever. And that was time. There was a time and a place for that to happen. Everybody goes through periods. Now, some people managed to land on the thing, which is an infinite game for them, and also fits their personality across time as they age and mature and change.
Starting point is 00:30:09 But I would say, and that's the key, all the experiences that you had, you couldn't, I think you used the word speed run all the time. You couldn't speed run that. You have to go. I was 32 years old before I found my path. It was another five and a half years
Starting point is 00:30:20 before it was able to pay my bills. Like some people, Kobe Bryant found it at 13. Could you imagine how crazy that it is? Like finding your life's work that early? I read this bunch of biographies on the founder of Cadillac, Henry Leland. He found a Cadillac when he was 60.
Starting point is 00:30:33 He found a Lincoln Motors when he was 70. Took him 60 years to find his path. That's the point. There's not like a time you have to do it by, but all these experiences should, in my opinion, should be getting you to the thing
Starting point is 00:30:43 where it's just like, it's not about a dollar amount. It's not about an acquisition. It's not about a sale. It's like you literally, I love this so much, you couldn't pay me to stop. Yeah.
Starting point is 00:30:51 The loudest booze come from the cheapest seats. Making mistakes is the privilege of the active. So I had this incredible conversation with Dana White. And I've been a massive fan of the UFC for a decade. But even a, maybe even a bigger fan of Dana to the point where, like, I'll watch the press conferences, his press conferences that he does. They're usually like 20, 30 minutes long after fights of the fights I didn't even get to see.
Starting point is 00:31:15 He's just a phenomenal communicator. And one of the things I most admire about him and his life stories, one, I think it's very important. Like, the way he is on camera when you're watching press conferences or on a podcast, he is exactly, there is no difference between the person you're seeing and the person and interacting with him in private, which is. really, I think really admirable and fascinating, personally fascinating to me. But what you realize about him is, man, he's like, you know, he built the largest combat
Starting point is 00:31:42 organization in the world, and he's got tens of millions, maybe 100 million followers throughout all different platforms. And he just gets so much shit about the way he's running his business. And so you sit down with him, and the loudest booze come from the cheapest seats. That's from this guy named Russ, who you had on your podcast. I love Russ. That episode was excellent, by the way. I love Russ, too. actually just talked about him a bunch on this episode I just did with Steve Stout because Steve Stout's done a bunch of phenomenal interviews
Starting point is 00:32:07 with Russ as well. But what you realize about like Dana and really anybody's like if you're going to do something in the world, it's like Dana could put on a fight like the fight he just did at the White House. That card was incredible, right? Five fights, I think it's the only time in UFC history was five knockouts.
Starting point is 00:32:24 There's still people complaining. It's still you should have done X, Y, Z, you shouldn't have done this, you should have done that. And his whole thing is he just like cuts all that stuff out. And the second part of that quote where it's like making mistakes is a privilege of the active. He on the episode and in other interviews,
Starting point is 00:32:40 he'll talk over and over again. It's like, oh yeah, like I fucked that off or I made this mistake. It's like if you're going to do anything, it's reframing the mistake is not oh, it's something to avoid. It's like, yeah, that means I'm trying. It's very high trust.
Starting point is 00:32:52 It's one of the best things that you can do as an employee. If you mess up, own it as quickly as possible. Yeah, I fucked it. It's when someone starts to hedge and control. Even when Dana got pinned for that with him and his wife in the nightclub, immediately he just took it on the chin.
Starting point is 00:33:07 And I think that you can tell a lot about somebody by what happens when they're backed into a corner socially like that. You just owned it. It's like, yeah. So after we recorded, so he's got this insane setup in his office, I should talk about. So he's got his office, right, which has like all these crazy art and like little pieces from his career.
Starting point is 00:33:26 Memorabilia and these crazy quotes on his walls, which I get to in one second. Then the other side, he's got this insane, like, professional, like, professional sports team level gym that only he and his friends work out in. And then the other side we record, he's got a bar because he loves smoking cigars drinking whiskey. And then he has entrepreneurs come in every day. I think he took, like, I forgot what the number, like over 100 meetings, maybe 200 meetings last year. If entrepreneurs coming in and he loves entrepreneurship more than he loves fighting. And he just, like, gives him advice.
Starting point is 00:33:56 Sometimes he does investments. He just, like, wants to bullshit and, like, hang out with people building companies. He's just, like, obsessed with that. but so we spent a bunch of time afterwards and he's showing me throughout his office and he goes you might have heard this little dust up I had with my wife I'm like yeah I'm familiar and so he goes after that happened I put that on the wall and right when you're walking out of his office it says may God have mercy on my enemies because we won't or I won't there's a clip that I just sent to Jared it's my favorite day in a clip you can bet against me bet against me tell me it's not going to
Starting point is 00:34:27 happen tell me it's going to fail I love it I love every minute of it. Okay, so there's a reason on the, we and you were talking about the episode I did with Dana before this, and I kept bringing up Todd Graves because like when I say across from somebody, I have this thing where it's like natural pattern matching. So like Dana's talking. I'm like, oh, that's kind of like Rockefeller did or Henry Ford did or like, and I kept getting Todd Graves vibes because Todd Graves said the exact same thing where he's just like, I need people
Starting point is 00:34:52 to tell me that I'm going to fail. And he's like, I just use this fuel and energy that I love people telling me they can't, that I can't do like what I want to do. And Dana's the same way. Dana has another great quote that I was watching when I was prepped for the episode where he's just like, he goes, I'm the world's best friend. And if you want to be friends, we can do that. But if you want to be enemies, I can do that too. Wow.
Starting point is 00:35:13 Fuck, that's good. Yeah. He's really, really good. I could talk to, I mean, I told him, I was like, listen, I'm just going to drive. If you're cool with you, I'm going to drop in with this film crew every like six months because I could talk to him an hour over and over again. The guy never runs out of stories. The funniest thing that's ever been said on my podcast came from Dana White. it really pisses them off because if you think about how much struggle went into building the UFC into what it is today.
Starting point is 00:35:36 It's like they bought it out of almost bankruptcy for $2 million. They dumped another $40 million into it. This goes back to what we were just talking about. Like you love it so much that they couldn't pay you to stop. They lost money for like seven years. He wasn't making any money. And he tells this great story of his partner, one of the Fetita brothers, is the first year they get into the black meetings they're making profit. They're writing out like all the revenue on the board.
Starting point is 00:35:58 and Dana's like, what does that say? And he goes, says you're going to make a million dollars this year. It's like, wow, that's incredible. Dana's a multi-billionaire now, like multi-millionaire now. But he was just happy just to make a million dollars after seven years of failing. He's like, if I just do that, I could do this forever. Before we continue, most people in their 30s are still training hard. Their protein is dialed in.
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Starting point is 00:37:30 Successful people listen. Those that don't listen don't last long. Okay, so this is shocking because if people know that's a quote from Michael Jordan. So if you've ever seen The Last Dance, people think, oh, Michael's this like tyrant, he's this dictator, he thinks he knows better than anybody else. And there's this great book called Michael Jordan the Life. It's like 700 pages long. It's by this guy named Roland Lasably. And I've read that book twice.
Starting point is 00:37:53 It fundamentally changed my life. And in that, I found that quote in that book. And when you realize like, no, no, no, Michael's a sponge. And all he wants is useful information that's going to help him accomplish his goals. And so a lot of this applies to business. It was like, I went to Ed Capable's house to record a podcast. Ed Capable is the founder of Pixar, right? Pixar has made, they invented the first computer animated film.
Starting point is 00:38:19 They make some of the best films for families and for kids and for even adults that watch it. and he worked with Steve Jobs longer and anybody else. He worked with Steve for 24 consecutive years and he speaks a lot about it. He's like the way he's Steve is described, Steve Jobs described in the media compared to the person I knew.
Starting point is 00:38:35 It's not the same person. So he always tells these stories and ads, this color. And he goes, hey, Pixar was a public company for 10 years before Disney acquired it for like $7.6 billion. In that 10 year period, this is Ed telling me a story now,
Starting point is 00:38:48 Steve fired two members of the board of directors from Pixar well most people don't know is why he fired them and so I asked Steve why he fired him he goes well they those two people they never disagree with me and so therefore they never disagree with me they're not adding any value to the company
Starting point is 00:39:05 it's like successful people listen those that don't listen don't last long what Steve understood when Michael Jordan understands what all these people get to the top of the profession understand it's like there's no upside in being wrong and so it doesn't matter if you give me you're the reason I started doing video podcast you remember having this conversation years ago
Starting point is 00:39:22 you're like, we don't have to like... You're retarded. You're not doing video. Exactly. So it's like, I could have been like, oh, like, what is Chris now? Well, he's got the eighth biggest podcast in the world. Maybe he knows some shit. Maybe I should benefit from the fact that I get access to him and we're friends and he can give me advice. Because you're not doing it to like, hey, you could be doing better here. Yeah. You held me accountable. It's like you can, you should be doing this. You can do a better job here. I think people get confused a lot of the time when it comes to taking
Starting point is 00:39:46 feedback, taking criticism. And they assume that, you know, committing yourself to one thing, being on this path, disregarding the chip on the shoulder, they incorrectly pattern match, or they ignore advice and think that it's self-belief. And that's pretty dangerous, because you're just stuck in local maxima there. Like, you're never going to reach outside of that. And, yeah, I think an awful lot about looking for humans
Starting point is 00:40:17 who are able to update their worldview, like strong opinions loosely held, as opposed to loose opinion strongly held which is what most people have they haven't really arrived there with conviction and vigor they've just kind of tumbled backward they've sliding not deciding
Starting point is 00:40:33 into whatever their worldview is there's actually an interesting story in one of these books I read where Charlie Munger when he was trying to convince you of something he would first state the best counter argument and would that tell Jews
Starting point is 00:40:46 after he's very verbose and he would talk for probably like 30, 40 minutes before he's going to let you talk I had dinner with him and I'd say he spoke 99% of the time, which is good. He has all the information. What the hell am I going to say? But what I thought it was interesting is like, what does that imply? It means he thought about this so much that he could start with the best counter argument
Starting point is 00:41:04 and then essentially rebut that counter argument and say why he believes something different. And I think that's like an excessively valuable school. I've never even heard of any of those doing that. Wise people don't solve problems. They avoid them. No, wisdom is prevention. So that's a monger quote. wisdom is prevention. And he had a, this is the experience of when I went and had dinner with him.
Starting point is 00:41:27 And this, when you realize, like, you know, if you live long enough, I think he has another quote, he's like, if you live long enough, bad shit's going to happen to you. It's like inevitable. And you read his early life and it's like, he had the worst possible thing that could happen. He was going through divorce. His nine-year-old son had leukemia before it was curable. And so nine-year-old son's like literally wasting away. And he is to like watch his son die slowly. And he would leave the hospital and like walk around the streets of Pasadena just bawled crying his eyes out he's like probably 35 maybe 38 years old when this is this is happening and yet you spend time when you realize like he is just like nothing can face him he's like problems are inevitable and
Starting point is 00:42:05 his whole thing was like well it's you're not smart because you solve problems you're smart or you're wise because you avoid them and so the advice that he gave us was like if you just focus on being around really really great people like a handful of really great friends You know, you don't need many. There's probably a limit to how many you could have, maybe four or five. Really, like, people are going to do life with for your entire life. You know they love you. They're high-quality people.
Starting point is 00:42:26 They're not shitty people. He has another other side of this is another Charlie Martin Crowe. He says most people are rat poison. He's like there's like there's a lot of just evil and low-quality people out there. You should avoid them. So you build relationships with great people, people that you love and you can do life with. And then you find great work. And once you find the great work, you stay in that great work.
Starting point is 00:42:47 You don't jump around. Like, you do that for the rest of your life. and by surrounding yourself with great people and having work that you feel is great and beneficial to the world, that avoids, that eliminates most of the problems that are under your control. And then life will still throw up problems that are outside of your control.
Starting point is 00:43:00 Your kid gets sick, you get cancer, whatever the case is. But the smart thing is to, it's not to solve the problems. The smart thing is to prevent them from occurring ever. Yeah, there's an insight that it's far easier to date somebody who compensates for your shortcomings than it is to fix them, that you are the sort of person
Starting point is 00:43:18 that likes to go to bed early and you've decided to get into a relationship with someone that wants to go out partying until three in the morning. Maybe your 9 p.m. bedtime is a personal failing because you feel like you need to have more control over your life than you actually do. Maybe it would be beneficial for you to work through that in some way and loosen up and you could go to bed at 11 o'clock and on 12 o'clock or something like that. Or you could just get into a relationship with somebody who compensates for your shortcomings. And he's like, actually, do you know what it is? I'm not going to make you feel insecure about that thing. I want to go to at nine o'clock two. So many of the situations that we end up having to, we have basically
Starting point is 00:43:56 a frustration budget in life every single day and it gets sapped out of you by all of the different interactions. Let's say you're going to dinner and your friend that you're hanging out with is just like really annoying and every single time you go for dinner, you're super annoyed by them. And then the next morning you wake up and you've got to deal with some real things at work that you can't get away from or that's part of a mission. You're like, I have less in the tank to be able to deal with this issue because of the situation I went through last night or because of the fact I had to stay up till 3 in the morning
Starting point is 00:44:24 because the girl wanted to go and watch some fucking DJ and some nightclub or whatever. And now I'm tired and I didn't even want to go, but I did it because, you know, I'm going to compromise. It's really important to compromise. Wisdom is prevention. Like, just avoiding problems altogether where you can. Like, problems are inevitable
Starting point is 00:44:41 and they're going to come and smash you in the face. Choosing, like, there's no nobility in meaningless suffering. There's nobility in meaningful suffering, but there is nobility in meaningless suffering. And I would say, like, there's a great quote in Spanish that I'll translate. It's like, this person will drown in a cup of water.
Starting point is 00:45:01 And this is what I mean, like, the first part of that is before you find your life's work and, like, hopefully you're doing something that makes the lives of other people's, other people's lives better. It's like, you have to ruthlessly edit who gets access to you. Like, the first episode I ever did
Starting point is 00:45:16 of the new show was Daniel Ack, founder of Spotify, right? And if everybody always asked me, like, oh, if you could have like a personal board of directors from all the people you've read about, all the dead entrepreneurs, who would you be? And I have an answer for that. And then like, what about for living? Like, who would your personal board of directors be?
Starting point is 00:45:31 I was like, I'd only need one. And it's like, Daniel, the advice, the reason he was the first guest is because the relationship we were able to build and the friendship we were able to build. It's like, he's like the wisest, one of the wisest people I know. I call him Swedish Buddha.
Starting point is 00:45:44 Yeah. He's like, he built one of the greatest, apps and technology companies in the history of the world, right, and did an unbelievable, I had an unbelievable struggle to do so. But he's just very wise. And he, he, almost all of our conversations, I was just with him a few months ago. We were racing cars outside of Stockholm. And we stayed up late one night. And his whole thing was just like, I still have notes from the conversation here. It's just like, man, you just have to ruthlessly edit who's around you. It's like you're just like we said, like the mind is a powerful place. Would you feed it
Starting point is 00:46:10 a affection in a powerful way? He's like, especially you, you have a huge platform. I can't imagine what your freaking text messages or inbox look like. It's a mess. Coming on your show could literally change some people's lives. And so the problem is they're going to act in a way to you that's not their real self. And so Daniel's point about this was just like, you know, if you, if you feel your developing friendship or somebody, have other people who trust, then go and spend time with this person because the way they act with you might be different from them.
Starting point is 00:46:38 But I'm telling you, all these people, and I've built a lot of friendships with a lot of guests I've had on my show, the amount of times they have told me, it's just like every. things comes down to the quality of people that you have around you, your life is your relationships. That's another great maximum. Your life is your relationships. If you have a bunch of shitty people around you, like you're going to have a shitty life, they're going to cause drama unneedously because they will drown in a cup of water. And wisdom is, wisdom is avoidance. You have to. You have, I've cut a couple of these people out of my life in, you know, way less than I have to now because I've been so, like, I have a very small circle. I would say
Starting point is 00:47:13 I just talk, my natural tendency is not to have a thousand shallow relationships. It's just talk to the same half a dozen people over and over and over again. And when I'm doing that, I can be by myself. I'm very comfortable reading a book, making a solo podcast. Like, I don't give a shit. I don't need to go out and like constantly socialize and expose myself to like the vagaries of other's people like corrosive and destructive behavior. I'm not interested in that. Create according to your own taste, not for applause, critics, algorithms, or market demand.
Starting point is 00:47:42 This is Rick Rubin. Like, you and I, we just talked about this, we just both read his book, Creative Act. And towards the end of that book, he has this thing called like the House on the Mountain Test. And here's the great thing about reading books about people
Starting point is 00:47:55 and then getting to talk to them. Like you get, you get to go deeper. And I want to tell you a story about James Dyson. We can get there a little bit. I think it's really important about this. But what Rick Rubin's point was just like, you're North Star and whatever you're doing. The metaphor he uses, he goes,
Starting point is 00:48:10 let's say you bought a house. It's on a mountain. it's so remote, no one is ever going to see it but you. He goes, do not put in your best effort to decorate it and to design it just like you would want it done. Like, you're the only person ever can see it. No one's ever going to visit. What do you do? And the answer to that question, that is your revealed preference.
Starting point is 00:48:29 That is what you actually want to do. And so when you look at Rick Rubin's career is what does he do? He just makes the music that he wants to listen to. He is not, he says over and over again, don't think about the audience. Don't think about the customer. Don't think about the end user. Like, you're probably not unique. Me and him talked about this.
Starting point is 00:48:47 You're not that unique. So if Rick Rubin likes this song by Johnny Cash with a guitar and just, you know, and just this guy's voice, what's the chance that he's the only person in the world that likes that? Probably 10 million people that like the same kind of music Rick Rubin likes.
Starting point is 00:49:03 Just like me and you, we talked about this before we start recording. We make the podcast that we want to listen to. We both are obsessed with podcasts. They've made our lives benefit. benefit, they've benefited our lives immensely. I've learned more from reading and podcast than I ever did in school. Like, I'm just making the stuff that I'd want to listen to.
Starting point is 00:49:17 I listen to them before they come out. Could you imagine, like, your life is making a podcast, and you have to listen to it before it goes out, and you don't like it? This doesn't make any sense. So I think that the idea of, like, the metaphor of you're designing a house on mountain, no one else is going to see it. You should design your life that way, too. There's parts of your life that you share with other people,
Starting point is 00:49:36 but there's huge swaths of it that only you know. You should design those parts of your life, same exact way as the parts that other people see. A rule of thumb for anybody that makes things on the internet, would you consume your own content? If not, don't post it. I was with you one time and you asked somebody and there was a 30 second pause. Yeah. And after 30 seconds of going on. You know the answer.
Starting point is 00:50:03 Wow. I'm like, dude, if it takes more than five seconds, the answer's fucking no. Yeah. Rade your own life. create a grand theft life. Okay, so you told me before, I missed this episode of yours, but you just did this like roundtable.
Starting point is 00:50:15 What do you call these roundtable episodes? Rabbit Hole. Rabbit Hole with Tim Urban. Yeah. Tim Urban, like, I don't know, 10 years ago wrote this crazy essay on Elon and SpaceX and Tesla. He kind of predicted a lot of the shit
Starting point is 00:50:27 that occurred in the last decade. And he had this thing called Grand Theft Life. And what he realized about Elon was like his ability to step outside of himself. So me and you are going through life all the time and we're kind of like, right now I'm looking at you. My view is a lot better than yours is, right? Like, you're a lot more handsome than I am.
Starting point is 00:50:45 But, like, this is my experience. And you're kind of get, like, siloed into, like, this is, I'm just experiencing it as it happens, right? And this started because Toby Lucke, I'll go back to Elon one second. I sat down with Toby Lucke, founder of Shopify, which again, is probably my favorite conversation I've had on the podcast so far. And he has this idea. When he says this, he's running a $200 billion company. and he goes, I like to take the view that I'm a corporate raider. I did not start Shopify.
Starting point is 00:51:13 I do not run Shopify. I have now extracted it from the owners. And now I'm the new owner. And the previous management was crazy. And then I go through and look at every single other thing that I would change. Why do you need to step aside? Because like if you're just going through your day to day, there's so many problems he's not saying. You have to step back in Tim Urban's, uh, grand, uh, grand theft life, um, essay that he was writing on Elon.
Starting point is 00:51:36 It's like, you see that Elon does that. Me and you were talking about this before, where it's like, okay, if you look at yourself as if you're playing Grand Theft Auto, like your character, you play Grand Theft Auto. My character needs money. So my character goes to does jobs. Now he has more money. My character is stamina. He's running from the cops.
Starting point is 00:51:53 He needs better cardio. So I take him to the gym. You just literally say, like from the outside, me and you, I hope you don't cut this from the podcast. We were in Hawaii together. We had many, many late night conversations about issues with women. women that me and you were both having that I swear to God, if there was a, there was just a casual observer, right, just listening, they were just like, Chris, David, this is, these are simple
Starting point is 00:52:17 solutions. You just can't see them because we're in a bill, like I could see what was wrong with yours and you could see what's wrong in mine. So this idea of just stepping out your side. And I love the idea that, again, putting into entrepreneurial terms, like some guy is now taking over my business or taken over my life. What would he change? Yes. You need a pause and you need a way step back and go through the second right now. George's got this idea where he talks about, imagine that there was an evil version of you, a man with a mustache,
Starting point is 00:52:44 what would he do to beat you? What would another version of you would the mustache do to beat you? Or that question of, if you had 10 times the agency, what would you do? But with that situation, it's like, you know where your shortcomings,
Starting point is 00:53:00 where your biggest shortcomings lie. There's going to be this person. Okay, they would be way more decisive. They would need less certainty in order to reach conviction because I know that I spend too much time vacillating and flip-flopping back and forth and I don't commit so quickly. And I know that the version of me with a moustache,
Starting point is 00:53:19 he would arrive at the outcome way quicker because he wouldn't be doing the flip-flopping or he would be more cutthroat when it comes to not giving people third and fourth and sixth and seventh chances. because I keep doing that and it keeps on burning me. That's what he would do. And you just go, okay, just do that. What would your answer to that for your own life be right now?
Starting point is 00:53:44 The decisiveness thing, I think, is probably not far off. My required level of certainty in order to make big decisions, it's quite a high bar. And that's led to me making very few mistakes. Like, I haven't made every business that I've started has succeeded. Almost all of the projects that I get involved in and very good. But also, if you're not failing,
Starting point is 00:54:10 it's probably an indication that you're not moving quickly enough because you could move a little. The headroom for moving more quickly is probably still quite high and you would still end up with a pretty good hit, right? So something like that. How about you? I think especially the last year, the biggest mistake, you get distracted,
Starting point is 00:54:29 especially because there was like a slow build to Founders podcast. It never, like, it's like, I was like a frog in boiling water. Because it took five and a half years to break through another, like, it was like eight before it was like any substantial thing. Three and a half four for us. Yeah. So like you, it was, that was great. It was actually like in hindsight, I wouldn't change anything because it's just like, oh, I'm still the same person.
Starting point is 00:54:49 I don't feel any different. Yeah. Where the new one, because I had an existing audience and it kind of like, so it was like disorienting how fast my life changed. And then this is, it goes back to Daniel Eck and why he'd be like my, you know, my sole person on a living board of directors is, uh, He's just like, just stay away from the circus. That's the advice that he would give me over and over again. So the evil version of you that's trying to beat you with a mustache would just get less distracted. He'd be more simple.
Starting point is 00:55:16 And this is what I've gone back to doing where Daniel's advice is just like, we just had this phenomenal dinner in New York. And then he was driving me to a friend's house. And he's just like, your life is very simple, man. He's just like, if you just sit in a room and make podcasts and don't do anything else, you know, obviously for some time with your friends, take care of your health. But like, you don't have to go to fucking dinners. You don't have to go to conferences. He had this conference called...
Starting point is 00:55:36 Just sit in a room and make podcasts, says the guy that owns Spotify. Do you think there might have been a somewhat of a... No, because he just stepped down. I promise you, it's not like... No, no, no. Because, like, my shows are always going to be somewhat niche. Like, your show will always be 10 times bigger
Starting point is 00:55:54 than anything I do because I'm just narrowly focused on entrepreneurship. But the advice is, because I remember texting when I was like, hey, are you going to brilliant minds? Which is his conference. And I don't think he was there this year. He goes, he goes, neither should you. And that's when he just, hey, he goes,
Starting point is 00:56:09 just stay away from circus. But this is similar to if you do everything, you will win. No, that's, okay, so we can get to that in one second. So let me finish this because I think, I like to address the question. It's like really helpful for me to now kind of do grand theft life and now step back and say what I would do. So I was like, I have work that I really like to do.
Starting point is 00:56:26 I really like to read books. I really like to me podcasts. You know, I like one on one conversation, maybe one on two. I can't do like group stuff. I'm very introverted. It makes you very uncomfortable. I think like,
Starting point is 00:56:39 and then I've got to figure out like the dating part, the girl part. But other than that, like, I think the distraction is... You talk about something to do with this last time that so many of history's greatest entrepreneurs have been totally shit with women.
Starting point is 00:56:57 Like they're just pussy hounds or they're unable to hold a relationship together. But I don't know whether, to give them their due, I wonder whether part of it is less they're bad with women and more the traits that make you a very successful elite level entrepreneur, the kind that you study, probably give you some traits that make it difficult to be in a relationship with you. So I wasn't expected to talk about this, but I have some interesting ideas. So there's this great book that was written by Arnold Schwarzenegger's girlfriend. He lived with his girl when he was 21 to 26.
Starting point is 00:57:35 So he was still well, like, again, he's dominated this weird niche of bodybuilding, but he's not the Arnold that he's going to coming, but he's the same person. So you see it's coming. And it's 300 pages of her just be like, why is this guy not acting normal? It's like, because it's Arnold is one of those driven people in the world. I could have solved that for you in 10 seconds, right? And the end result when I made the episode on that book was like a successful entrepreneur, or anybody chasing after somebody, you need a supportive spouse or not.
Starting point is 00:58:01 no spells at all, right? And that's the key there. What I would also say is, I've been talking to this guy, he considers himself like a consultant to some of the most famous people in the world, right? And what I find interesting is, like, he can essentially pattern match across, let's say, a hundred of the most famous people in the world. These are, like, mainstream celebrities. This is not like me and you, right? And he talked about, but in some of these people also happen to be captains of industry, because Elon's one of the most famous people on the planet. He's not one of his people he talks to, but, and he goes, the problem. The problem that these people have is when you're really successful like that, you have an expansive personality.
Starting point is 00:58:37 That's the word that he used, expansive personality, which means the more you succeed, the more you want to succeed. Napoleon said this in French, and you could, it translates into appetite comes with eating. Usually you eat and you're full. These kind of people, the more they eat, the more they want to eat. So his point is like these people also have usually bad relationships because there's a ton of infidelity, right? because it's just like they're expansive and in every element of their life they're they're increasing their skills they're maybe their movies getting bigger bigger maybe their business is getting better they're expanding but in this very narrow but very important part of your life which is like your romantic side you're expected to not have those same personality traits now
Starting point is 00:59:17 I don't have that issue I can stay with one person at a time um the the issue that you have is like whether it's a very close friend a business partner a spouse these are all very similar relationships. Like, they look, they're very deep partnerships. And so you have to be, take your eye, take, be very careful to make sure you're picking the right person. And especially you, because you're handsome, rich, super famous. Like, you have, I've seen some of your dams, okay? Like, you have, I hope we cut in that laugh over there. Yeah. Make sure you add that in. Um, like, you have so many people trying to get to you that want something from you. That doesn't mean they're good for you. And that's where you have to be careful. That's where you have to be
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Starting point is 01:00:42 Normally, this level of testing would usually cost thousands, but with function, it's $365 a year. That's $1 a day to stop guessing with your health and start knowing. And right now, you can get $25 off, bringing it down to $340. box. So get the exact same blood panels that I do and save $25 by going to the link in the description below or heading to functionhealth.com slash modern wisdom using the code, modern wisdom, a checkout. That's what discernment is, right? Being able to distinguish between good and not good, between somebody that's got your best interests at heart and doesn't. You know, the advice I've gotten from some of the most successful people in the world about this,
Starting point is 01:01:16 they're just like, make sure that she's a good person. That's it. They just have to be a good person. But good people are few and far between. And what I mean by good is like, not selfish, not doing this just because of what's good, what they get out of it and willing to, and in many cases, dude, Jimmy Iveen, okay, Jimmy Avine, we got to talk about this because this guy's the best. So when people used to ask me, hey, you know, who, who did you want to meet, you haven't met? Jimmy Avine, I'd have a list and Jimmy Ivan would be in top three. And people like, that doesn't make any sense. Most people don't know who Jimmy Iveen is. But one of my favorite documentaries is this documentary called The Defiant Ones. Have you seen this? No, you've got to watch it tonight. So it's a four-part documentary. It's technically supposed to be about the relationship, the working partnership between Jimmy Avine and Dr. Dre that's been going on for decades. It is really one of the best documentaries about entrepreneurship and these kind of wild personality types. Dr. Dre is a wild boy.
Starting point is 01:02:07 He was probably highly likely a child prodigy, the best of the world he does. Jimmy, same thing. He was in the music business for five decades and has succeeded from engineer to producer to record label executive to building a business and selling it for $3 billion to Apple. And so I, Jimmy was on my show, we live close to each other. He's nice enough that I get to hang out with them and like talk to him on the phone and hang out with them all the time now. And it's what's fascinating is when you talk to these older guys that are, I think Jimmy's probably 70 years old by now. He's got more knowledge about life in his pinky than I do in my entire body. Like he just lived through, he's just seen everything.
Starting point is 01:02:45 And his biggest thing was he's like, if you want to be successful, he's like, you probably don't want to be successful for a year, for five years. You want to do it for a long period time. And he's like, I've been around some of the most. gifted, talented people in the world. He's worked with everybody. From John Lennon to Bruce Springsteen to Tom Petty to Dr. Dre to Eminem to literally everybody. And out of the one, he's like, most people,
Starting point is 01:03:07 the advice he gave me, he's like, most people cannot handle success. You're not destroyed by a competitor. There's not going to be another Chris Williamson coming in here and out-competing even podcasting. If you're going to fail, you're going to do it yourself. And what Jimmy said, he's like, they fall into four buckets, which I thought was interesting. number one drugs I don't do drugs not going to be an issue like I avoid them alcohol
Starting point is 01:03:30 second one I don't really drink number three uh megalomania because remember he's in the music industry he's like listen you start out I mean Kanye I think he be a huge fan of his first four albums I think this is what happened in my opinion what happened to him it's like and Jimmy was saying it's like really hard that like you get on stage every night and there's 80,000 people, telling you, screaming your name and telling you how great you are.
Starting point is 01:03:53 The problem is to come off that stage and then still be dad or husband, or friend. Yeah. And you're not think. And then what happens is the reason he calls
Starting point is 01:04:03 a Meglomania is because they loved you because the work you put in. The Meglomania thinks, now you're not even human. You're like some kind of like God. So therefore I just show up and it happens.
Starting point is 01:04:13 And they stop putting in the work. Then it shows up on the work and then there's just like the death spiral. And then the fourth thing was women. And Jimmy Iveen has been very, he's like very open about this. It's in the documentary where he, his dad was his best friend, like best friend talks every day. Jimmy was dating a playboy playmate. And his dad died suddenly, unexpectedly.
Starting point is 01:04:37 They did not see it coming. And right after his dad died, he decided to get married. And he says another documentary, we've talked in longer detail privately, but, you know, just like, I married the wrong person. He's very beneficial of how all the kids and he's got a relationship with his adult kids
Starting point is 01:04:55 now he talks to his kids every single day. But he's just like that the wrong woman in your life, the wrong man in a woman's life can literally destroy you. And so I think this is like, we should have an entire podcast
Starting point is 01:05:05 next time I'll come here and we just talk about the stuff we've talked about privately. Yeah, fuck me. But it is, it's a very hard part of your life because I do consider it almost like a drug. Like,
Starting point is 01:05:16 these people don't start out. hey, I'm going to get addicted to pills or heroin or alcohol. And they're smart and successful. It's arrogant to think that it wouldn't happen to us. So that's why I think it's so important to, like, talk about it. Agreed. Agreed. Yeah, I had this line from earlier this year,
Starting point is 01:05:29 what you are praised for in public you will pay for in private. And a lot of the time, the single-mindedness, the resilience, the motivation, the permanent growth mindset, the attention to detail, the unwillingness to compromise, the hypervigilance, the anxiety, dedication, All of these things, in the business world, it's called reliability, consistency, non-quitness, fantastic in the boardroom, can often make you a forgotten person around your kitchen table. I had Andy Stumpf, Navy SEAL on the podcast, and he said, I built my entire identity around being a guy that doesn't quit. So it made me an amazing SEAL team member.
Starting point is 01:06:17 also made me stay in a marriage for a decade longer than I should have done. I don't quit. Not the sort of guy that quits. There are certain domains in which the things that you do publicly aren't meant to be applied, and a lot of those are the ones that happen privately. And then when public and private begins to sort of mesh and blend together, that's what we get with modern social media, right? That you can't see the distinction between the two.
Starting point is 01:06:42 And the problem is, like, you're constantly comparing, like your relationship to other people's ideal relationship, which is very destructive. And what I would say about this is like you talk about being hyper rational. I think you approach your business. I fucking know a lot about your business. Like you're very rational. I actually don't think we should, and I don't want to and will not do in like your romantic life. I think you have to like, you should be a little bit irrational.
Starting point is 01:07:09 It is definitely like a more irrational, emotional thing. That's why I think the advice that I keep getting over to. everyone again is just like make sure the person that you're letting into your life, the one that you have a serious relationship right now, is just a good person that they actually care about you, that they actually want good things for you because it's not going to work if you try to approach it with like a rational mind. It is default irrational. And what I would say, this is something like, so we have a good friend, um, Sienna LaRocca. Yep. And one of the conversations I had with her was just like, what are you lying to yourself about? Yeah. And this could be an entire discussion at dinner because everybody, is lying to themselves about something. And what I didn't understand about myself, especially until I started the new show, because I was just, I was sitting in a room by myself for a decade, like, talking to myself. Like, no one was around. And I always thought, like, I didn't need anybody and, like, I'm a loner and, like, you know, other people aren't that important to me. And I realized, like, no, that's a lie. Like, I had just a lot of low quality people around me. But, like, if I could have access and develop
Starting point is 01:08:09 relationships and friendships with high quality people, that is my drug of choice. Like, I remember when I went to record with Todd Graves, we flew in a Baton Rouge and recorded the very first Raising Canes that he built with his own hands. He built it with his hands. It's insane. And I remember calling a good friend of mine. He's kind of like an older brother, like a mentor, like a coach.
Starting point is 01:08:31 And I called him and I was like, I'm in trouble. And he goes, why? I go, because I'm already addicted to doing this. I feel like I'm high as a kite right now. I've never done ecstasy. Never done MDMA. I have to imagine. This is what it feels like.
Starting point is 01:08:43 I want to do this all. the time. And so I guess like what I didn't understand what I was lying by myself was is like that relationships weren't important to me where the truth is they're more important anything else. So I'm sorry to monologue to you, but I think let me just get this out real quick if you don't mind. I desperately did not want to be a loser. And that's why I'm a workaholic and I've worked full time since I was 15 years old because I saw up and down my family tree. I was just fucking terrified of winding up just like them. And this is the chips on shoulders with chips and pockets.
Starting point is 01:09:16 Like, I, I, I'm not a strategic person. I genuinely just throw a lot of hours and effort. I don't think I have any strategy. And so I thought forever, like my, my work is how I protect myself because it's, it gives me my independence. It allows me to build a world that I can control because I didn't have control when I was younger. It allows me to take care of family members and other people to help.
Starting point is 01:09:37 And it's like, it's my thing. It's the only, it's more important if you were asking, it's like more important than anything in my life. And I realized that that's a lie. Like, if you. ask what's the most important thing in my life now. It is my relationships. It's building and maintaining and deepening the relationships I have with people that are very high quality that I love with everything. And now right underneath that, my work's like bumping up against it, but this is
Starting point is 01:10:00 still my number one priority. And I think also you'll see for people like you, you're super driven, just like I am, you forego some professional success if you want like a deep romantic relationship. And I would say that's what like makes life worth living. You should do that. You should make the irrational choice. How do you square that circle with the single mindiness that most great people have? I don't think you can. I think like there's an ebb and flow.
Starting point is 01:10:25 Like if you look at a snapshot of like my own life, right? Where undoubtedly I think I would be even more, I would be more successful if you didn't take out the huge chunks of time to build these relationships both romantic and friendship-wise. but that's not the kind of life I want to live. Now, I've met people like that. I know some of these people have been on my show. You get around them and you literally like, where's all your friends, dude? That's not important to them.
Starting point is 01:10:53 That's not what they're going for. They're playing a different game. What I'm saying is like, that's not for me. Like, I want, I'm not saying a balanced life because I'm definitely not balanced, but like relationships are more important than my work. That's just how I feel. Far fewer people than think it are introverts.
Starting point is 01:11:09 Like, you're probably not an individual. introvert, your friends just suck. That's a great way to think about it. And if you had better friends, you'd want to hang around them. Everybody has been at a dinner table and adored the conversation and not wanted it to end. Yeah. Okay, well, what happened there? Did you change for the evening? No, I was just around people that resonate. I was around people who I usually don't resonate with, but for some reason they were really on form that night. Well, you can just get friends that are kind of on form all the time. And you can also hang around with people who are never on form. I've had friends of mind tell me this. It goes back to
Starting point is 01:11:43 where we're saying the mind is a powerful place, which you feed it affects you a powerful way. They're like, man, you've got to be real careful about the way you describe yourself. And I think around this, I kept saying I'm introverted, I'm like, I want to be alone, all this other stuff. You know, like, that's not how you are. To your point, I think it's more of like an energy thing. Like, the
Starting point is 01:11:59 conversations we have, I leave George Max's treadmill. Yeah. If you put me in a big party with a bunch of strangers, I'm like, there's no energy and I got to run away. So it's more like, am I getting energy from this? am I very uncomfortable as a draining my energy.
Starting point is 01:12:13 If you go to sleep on a win, you'll wake up with a loss. So this is actually a Connor McGregor quote that he said, I'm pretty sure it's in the documentary called The Notorious,
Starting point is 01:12:24 which again, he did the whole Kanye thing where he's like, poor kid in Ireland, he's like in collections, not paying his credit card bill. I think he's working part-time as a plumber.
Starting point is 01:12:31 And somehow he had the foresight to have a camera crew follow him around to document his life because he was just so convinced that he was going to be the champion one day and he's going to be
Starting point is 01:12:40 one of the most successful professional fighters of all time. And it's interesting that some of these people don't take their own advice because they get to the new X point. They entertain the circus. They go to the events. They start buying, you know, loving the material rewards, the drugs, the women, all the stuff that comes with, you know, success. And one of my personal heroes is a guy named James Dyson. One of the best days of my life happened, I think it was last, maybe October, maybe November, in New York City, I got to spend a few hours of James Dyson and I did an episode with him. And the reason this was so important for me, people are like, the vacuum cleaner guy? Like, what the hell is you talking about?
Starting point is 01:13:17 It's like, no, no. Out of every single biography and autobiography have ever read in my life. And I think as of today, it's like 425 or something like that because it correlates with the founders episodes I've done. If you only read one book, it'd be his first autobiography, which is called Against the Odds, an autobiography by James Dyson. Because it's not about, today, you fast forward, he's 70 years old. He owns 100% of one of the most successful private companies in the world.
Starting point is 01:13:41 He wouldn't sell it. I had a friend that tried to buy it. He guessed my friend that tried to buy it, that if James would sell, it fetched between $60 to $80 billion. James has no outside shareholders. It's 100% of it. My friend put a flyer out to him saying, we want to buy your company.
Starting point is 01:13:57 He paraphrased the response that came back from Dyson, which was, fuck you, this is a family heirloom. It's not about the money. He's an engineer, he's a designer, he's obsessed with the work that he's doing. So that book is not about this. It's not the 78-year-old James Dyson. It is the Dyson in his 30s and mid-40s
Starting point is 01:14:13 that is just failing for a decade and a half over and over and over again. 5,126 failed prototypes. The 5,1127th one is the one that worked. It's the James Dyson that's going to bed because he's working in a carriage house, which I guess is like a garage in England. What is a carriage house?
Starting point is 01:14:29 No idea. I had to look it up. It's in the UK, so I figured you know. So it's like a detached little workshop outside of your main house. I think it's in Bath, England, where he is, where he's failing all day long, walks inside, passes his little, his kids, gets into bed, cries himself to sleep. Then his kid is four, sees him failing. His kid is still failing. His kid is a teenager. Dad is still a failure. And so the reason this was so important to me is because I knew I wanted to podcast. I knew I loved it
Starting point is 01:14:57 more than anything else. I have this irrational love of podcasting that people make fun of me for, and I'm fine with. But I was having no success. It was not that like I was a, making any money. It was, it was costing me money to do this. My, my savings went down every month, and I, for some reason, wouldn't quit. And one of the reasons I don't think I quit is because episode 25, the very first time I read James Ice's book is I read this book and I'm like, well, this guy struggled for 14 years. Like, I can get out a go for a year, when it being five and a half. I didn't think it'd take that long. But like, just knowing that story and rereading that book over and over and over again, just, I was able to relate to him. It was like, he didn't
Starting point is 01:15:31 give up. Why do I have to give up? Like, do you know how good you're going to feel if you get to the other side of this, and I did have a lot of faith that I would get to the other side of it. And so when you meet James Dyson, though, like, I read his first autobiography at least five times. I've read the highlights from that book hundreds of times. This is not a joke. I'm not exaggerating. I read his second biography, which he wrote when he was in the 70s twice. I read, he has, he wrote an encyclopedia when he was like 45 or 50 about he's obsessed with inventions. It's called a history of great inventions. It literally is like somebody printed out a Wikipedia page of like 200, um, inventions. with hand-scrawled notes,
Starting point is 01:16:07 there's a picture of me and James going through the book and me showing him, like me annotating every single thing. And so be able to sit with him, I thought I understood him completely. And there was still, this is why it's so powerful
Starting point is 01:16:17 to be able to talk to these people. First of all, he sits across from you. And you realize that he's built, he doesn't, he's not a, he's not an absentee executive. He does the work. He's on the manufacturing line. He's in the engineering meetings.
Starting point is 01:16:30 He's in the design meetings. So you sit across from him. He's a very thin guy. his fingers are probably twice as wide as mine are. Why? Because he's been working with his hands. It's like if you look at your biceps. Like how many curls did you do to get those biceps? How many like him tinkering with his hands that he get,
Starting point is 01:16:49 he's got massive fingers. They don't fit the rest of his body because it's like a lifetime of tinkering. It's incredible. But then the reason I say if you go to sleep on a when you wake up at the loss is like most people that have success, then they're like, I fucking made it. Look at me. I'm the best, and they forget it's the work that got in there, not them.
Starting point is 01:17:06 It's tied to the megalomedia thing. Where Dice doesn't sound like that at all, I didn't understand his organizing principle. And so this is what he said. He said, okay, I pick up a product, right? I look at it. I think about, how can I make it better? I make it better. I put it back down.
Starting point is 01:17:21 Short mile later, pick it back up. How can I make it a little bit better? Put it back down. And he went through this over and over again. I think he used a coffee cup in the episode. It's been, you know, six months. I don't remember. And he goes, and I just didn't.
Starting point is 01:17:32 I just did that for 45 years. I never stopped. That's the anecdote to, the anecdote, I don't know if that's the right word, to going to sleep on a wind. He never slept on a wind because he likes the activity itself. He just, he has an engineering mind. Everything around him. He says it doesn't torment him. But he'd see this table. He's like, I think I could shave off a little bit there. I could fix that. I could do that. That's how his brain just works. He just loves it. He's like a giant puzzle time. And that's, I think that's the way to do it. It's just like, man, if you just love the activity for the sake of itself and you never stop improving, it. Like you're not going to fall prey to the failures and disasters of like a Kanye or Connor
Starting point is 01:18:08 McGregor or any of these other people you see. It's fascinating that that was a quote from Connor McGregor, somebody that's had one of the biggest falloffs in history. Unfortunately, yeah. Did you know your gut controls your energy, your recovery, how well you absorb everything that you eat and the one nutrient that keeps it all running properly is fiber. Well, it turns out that 95% of Americans don't get enough of it, which is why I'm such a huge fan of Moment's is fiber plus. Most fiber supplements are a one trick pony, one type of fiber solving, one part of the problem. Fiber Plus is a three-in-one formula built to tackle digestion, gut barrier strength, and blood sugar stability all at once. I use this every single day. It is kind of hard to get enough fiber
Starting point is 01:18:47 just through food alone. And best of all, Mementus offers a 30-day money-back guarantee. So you can buy it, try it every single day for 29 days. And if you don't love it, they will just give you your money back. Plus, they ship internationally. Right now, you can get up to 35% off your first subscription and that 30-day money-back guarantee by going to the link in the description below or heading to live momentous.com slash modern wisdom and using the code modern wisdom a checkout. Yeah, I've kind of been obsessed thinking about the difference between what it feels like to have fallen off and what it feels like to have never made it. I would rather never make it. This is another thing where you're surprised. I've talked to Michael Dell about this,
Starting point is 01:19:27 Daniel Eck about this, Todd Graves, Wright Jacobs, like all these, every single person I just mentioned is worth $200 billion. And he's just like, it's not the love of success, it's a fear of failure. It's like, for me, that is my worst nightmare. That like,
Starting point is 01:19:42 I do mean that. Like, I would rather never make it than make it, right? And then lose it. And so this is why, I wanted to say something earlier that you just, you just prompt this thought.
Starting point is 01:19:53 It's like, it's weird because I'll meet with like young entrepreneurs a lot, right? And I feel like the middle child because I'm not my 20s anymore, but I'm not 70, you know? And so I'm in both of these worlds. And the advice I give to these, like, 25 years ago, you should go and spend some time
Starting point is 01:20:08 with like a 65-year-old, 70-year-old. Like, try to get an afternoon with Jimmy Avine, who's in his 70s, who's seen everything in the world. Or James Dyson, who's seen everything in the world. Like, we have this guest list that we want to get, and it's in reverse chronological order by age because some of these guys, like, I got to sit down with Charlie Muller,
Starting point is 01:20:26 never got to record a podcast with them. Now that opportunity's gone. Same thing, got to sit down with Sam Zell, never got to report a podcast with them. They have all this knowledge. And all you have to do is just like sit down. And they're already down the path that you want to go on. And they'll say, hey, watch for that pitfall there.
Starting point is 01:20:40 Don't turn right when this is going to happen to you. Because you realize, like, everything that happens to us is not us. If somebody else is sitting in your position, they'd be getting those DMs too. Like, they just would. It's not you. It's the position that you're holding. And yeah, I think it's like super important. People say have a fetish for old people.
Starting point is 01:20:57 I don't have a fetish for old people. It's just like, I want to avoid. the failure, the success, and then the decline in failure that you see so over and over and over again. There's this interview in 1999. Eminem said, I in this for the money. I'm in here for the respect. If I had a trillion dollars and I fell off, I'd be the most miserable person in the world. He grew up in poverty, but he favored status over money. He favored skill set. So here's a line that I think fits into how I view my own work. And he says, a plaque and platinum status is whack if I'm not the baddest.
Starting point is 01:21:37 And what he was saying at that point in, this is 2003 when I think the Eminem show came out, 2002 maybe. And his whole point is at the time is like every rapper had the same goal. I want to go platinum because then you get a plaque. So that's a plaque and platinum status is whack if not the baddest. His contemporaries, his peers were like, I'm good because I sold a million records. It means people, I'm popular and it means I'm making a lot of money. And his thing is like, I want to be the best.
Starting point is 01:22:00 I don't want to be the biggest. I want to be the best. And this is why you and I have talked about the craft of podcasting so much. And about like, we had a 30-minute discussion with George before we started recording about, about like, how do you pick guests? How do you think about things? Like, we are obsessed with this stuff. It's like, I want to make something that I could point to, like, I could tell my, Jeff Faisal says this great line. He's just like, we're trying to build something that we can tell our grandkids about.
Starting point is 01:22:25 And such things are not meant to be easy. So in his case, like, he should be very proud. of building Amazon. It's one of the best companies ever created, right? I am very, very proud of some of the things that I have made. And I have a daughter. So my daughter is 14 now. I just recorded this episode, Mr. Beas, which won't be out for several months. But she was a huge fan, so she got to come with me and meet him. And Mr. Bees is a massive fan of my first podcast founders. His Spotify rap, he'll screenshot and send it to me as like founders is number one on there. And for her, I'm very proud that somebody she admires is saying, hey, your dad's work is like really valuable to me.
Starting point is 01:23:01 And she came with me to record with Todd Graves. She loves Raising Cains. And she knows, like, her favorite app is Spotify. And my friend runs to her favorite brand, Mad Happy. And all these people are telling her, like, your dad's work is really important to my life. You should be proud of him. That's like, that's worth more than money. It's worth more than a million dollars or 10 million that you'd get if you sold 10 million, or a million records. I do think it's more addicting and it's certainly more fulfilling. to be admired by people that you admire. And it's one thing to just seek status. It's another thing to seek money, but to seek status and respect in the eyes of people who you have judged to be worthy of admiration. Inside and, I would say, outside of your industry, for sure, and even more important inside.
Starting point is 01:23:44 Yeah, because they have the highest amount of taste. I think you opened the last episode we did together. You're like, did you hear my Q&A where I said you're the podcaster's podcaster? Correct. It's like, I do this to this day. go around and collect more data on podcasting anybody else. And we share it.
Starting point is 01:24:00 We like, we don't hold anything. And in one case, I remember my friends David and Ben who did the Acquired podcast. I was on a walk with David, I don't know, like three months ago in San Francisco. He's actually taking me to the airport because we're just good friends. And I had found an idea from Rob Moore and Andrew Huberman that I gave to them in terms of like you have a skew. You have an asset in your podcast that you're not currently monetizing. And it's very valuable to advertisers. And this is what they might pay.
Starting point is 01:24:23 and I told David this idea. And on the walk, he's like, hey, by the way, thanks for that idea, we're going to make $3 million from that idea this year. And it's just like... I stole the same thing from Rogan back into last year. Yeah, exactly. So, like, the point is, like, it's all positive sum with us. It's like, I consider the historical analogy for me and you is like the filmmakers, right?
Starting point is 01:24:42 If you study the early days when George Lucas and Steven Spielberg and Francis Ford Coppola and Brian DePalma, and all these guys were in their 20s, they were friends, they hung out, they traded secrets, They watched each other's movies. They gave themselves feedback. Because at the end of day, if you go watch Stephen Spielberg's Jaws today and George Lucas's Star Wars tomorrow, what did Steven Spielberg lose? Nothing. What did George Lucas lose? Nothing.
Starting point is 01:25:05 It's like all positive sum. Kind of is pointless doing the big journey thing if you don't get to share it with people. And if people are in tangential industries or even in the same sort of an industry, just being able to see the impact that you've had on somebody that you respect and admire and know that, hey, like that idea, that was the reason. that David paid so much attention to video, that was a little, that was just like a little contribution. Isn't that nice? Our nice ripple?
Starting point is 01:25:30 Our mutual friend John Coogan, right? They just had this phenomenal acquisition with TPN. But well before even that, I've been working with John and like talking about podcasting with John for years before he even started TPN. And he was one of the first viewers of the new show and he's just like, why are you guys only shooting on three cameras?
Starting point is 01:25:47 I don't you shoot five? And he explained why. And then me and Rob made the change immediately. You should try seven. There they go. But we made the change immediately. And then we're all in a group chat together. And Rob had mentioned, you know, we had a good shot.
Starting point is 01:26:01 And I think John was like, hey, this shot looks good or whatever. You know, because again, it's both, hey, you can approve here, but this is also dope. Like, I like this. And Rob's like, yeah, you're the one that told us to do that. Yeah, exactly. Jard, can you pull up on the main TV? Can you just throw the profile shot of me up so that David can look at why you need seven? I'm going to explain to you.
Starting point is 01:26:18 I'm going to commit you to two more cameras. So we've always had medium tight and then the wide. It's kind of classic. I guess if you've only got three, you're going wide, medium, medium. But this shot where you go very side on is beautiful. It's really, really nice. And what you can do, you can reverse frame it. We haven't done it here.
Starting point is 01:26:37 But if you move, in fact, I can do it by doing this. So if I go like that there, you actually end up with a complete opposite framing. And that's used in documentaries typically when there's going to be a pivot in the story. Yeah. So someone's talking, someone's talking, someone's talking. And then there is a moment where things are going to take a turn for the worst or something. It's the minor chord that somebody plays on the guitar and you're like, oh, something's about to happen. It just feels very intimate, so that's why you need seven.
Starting point is 01:27:09 Season 8 winner of the biggest loser was this dude called Danny, just to round out the difference between having never made it and having fallen off. I was watching the documentary about the biggest loser. accusations of it being predatory and bullying and dangerous and people were getting fucking cardiac arrests and being heli lifted out of that probably a big helicopter I guess and he said there is an extra special shame when you feel being a failure there is an extra special shame you feel being a failure after you've been a success and um yeah I mean the there is a huge huge ick that people people have, and this is going back to what you said, that some people are just not built for success. Lewis Capaldi is like my canonical example of this, and I'm so glad that he actually managed to
Starting point is 01:27:56 fix his issue and come out the other side of it. But he had all of the singing ability to be this billions and billions and billions of record sales artist, and he didn't have the constitution for a long time to be able to handle the attention. And so many people think that the problem, the reason that they're not famous and they're not where they want to be is because they don't have enough talent, to be in the camp of people who has enough talent but lacks the constitution to be able to handle the side effect of being that talented, it just has to be like, well, it's going to be very uncomfortable. I want to like also, like, I think we should say something about, like, I don't think success, like, I think you should have an internal scorecard,
Starting point is 01:28:39 not an outer scorecard. So what I mean by that is like some people let society or other people define what, that they are successful. So what I mean by that is like, not that I have less downloads in the future. I don't even know how many downloads I get. I don't care. It's what I, the definition of success that I use, I actually got from Steve Jobs,
Starting point is 01:28:59 which was like, did I make something I'm proud of? That's it. As long as I keep making things I'm proud of. Or if I, the alternative of this is like, you know how much time it takes to make a great episode,
Starting point is 01:29:12 the amount of prep that you have to do. And from my other podcast, like I have to read an entire book. The danger there is that I give in to the circus, given to the distractions say, oh, I used to put in 30 hours of reading. I can do like six, or I can read like the Clifson's version and still be as good. That is to me, it's like, when I consider myself a failure, it's like, I'm not, I'm no longer making things that I'm proud of. Now, you have to make things you're proud of and also the other side of it's like you have to
Starting point is 01:29:38 get it to in front of people and they're smart and dumb ways to do that. But like, so there is another element of it. Yeah, it doesn't make sense to be the super cool underground band that nobody actually listens to, oh, it's because they don't get it. They're not sophisticated enough. I think eventually you need to listen to the market. You're like, you can be as proud as you want of the thing that you do, but your opinion in terms of taste might not be on the money. There's a great line from David Ogilvie, who is one of the greatest advertising agency founders in history. And he says, you can't save souls in an empty church. And if you feel that modern wisdom is good for people, then you have a moral obligation to get it to as many people as
Starting point is 01:30:12 possible if you truly do that, which I think you do. I truly believe that people that are interested in building a business, creating a product, changing their lives in some manner, which is what's the word entrepreneurship, it's French for has ideas, entrepreneur is has ideas and does them. So that's why I consider a podcaster and entrepreneur, a filmmaker, a filmmaker, a person building Amazon entrepreneur. It's all the same thing to me. An athlete, an entrepreneur. So somebody has an idea that they want to see, take shape and actually exist in the world. And so, I would say like, if you believe that the work that you're doing is good for the world, then I would consider a moral obligation to get it to as many people as possible.
Starting point is 01:30:54 David Senra, ladies and gentlemen, dude, you rule. I appreciate the heck out of you. Why should people go to keep up to date with everything you do? Just search David Senra in whatever podcast player or YouTube that you're listening and subscribe and listen. Join us to podcast, this podcast, and listen to Founders as well. All right. Goodbye, my beauties. Bye.
Starting point is 01:31:10 Dude. Yes. Yes. We did it again. So good.

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