Money Rehab with Nicole Lapin - Tim Ferriss (Pt 2) on Easy Health Hacks, His Daily Routine and Dating

Episode Date: December 4, 2024

This week, Money Rehab is guest-hosted by investor and entrepreneur Tracy DiNunzio, who built and sold the luxury resale company Tradesy. Today, you’ll hear part two of Tracy’s conversation with T...im Ferriss. In this episode, Tim shares his daily routine, health hacks on a budget and reveals his latest venture: finding a wife. If you missed part one of Tracy and Tim’s conversation on biohacking, rewiring money mindsets and more, listen here. For more on Tim, click here.  Are you Tim’s soulmate? Get in touch here (yes - he really did it) For Tracy’s episode of The Tim Ferriss Show, click here. 

Transcript
Discussion (0)
Starting point is 00:00:00 I love hosting on Airbnb. It's a great way to bring in some extra cash, but I totally get it that it might sound overwhelming to start or even too complicated. If say you wanna put your summer home in Maine on Airbnb, but you live full time in San Francisco and you can't go to Maine every time you need to change sheets for your guests or something like that.
Starting point is 00:00:17 If thoughts like these have been holding you back, I have great news for you. Airbnb has launched a co-host network, which is a network of high quality local co-hosts with Airbnb experience that can take care of your home and your guests. Co-hosts can do what you don't have time for, like managing your reservations, messaging your guests, giving support at the property, or even create your listing for you. I always want to line up a reservation for my house when I'm traveling for work, but sometimes I just don't get around to it because getting ready to travel always feels like a scramble so I don't end up making time to make my
Starting point is 00:00:47 house look guest-friendly. I guess that's the best way to put it. But I'm matching with a co-host so I can still make that extra cash while also making it easy on myself. Find a co-host at airbnb.com slash host. You know, there was this one time before I did my own money rehab when I checked my credit score and I realized I had no idea what it actually meant for my financial future, that's when it hit me. It was time to get serious about my money. We've all had that moment, right? Whether it's saving for something big or finally paying off debt, we all get to a point where we need to make some real money moves.
Starting point is 00:01:19 That's where Chime comes in. Chime offers a checking account designed to help you take control of your finances. With no monthly fees, no maintenance fees, and fee-free overdraft up to $200 with SpotMe. Imagine overdrafting and not having to worry about fees piling up. Chime's got you covered. Plus, Chime isn't just a financial tool,
Starting point is 00:01:37 it's a community. You can get boosts from friends to temporarily increase your SpotMe limit, and when you help someone out with their own boost, they can return the favor. Friends helping friends make progress. It's that simple. So why not make your fall finances a little greener? Open your Chime account in just 2 minutes at chime.com slash mnn. That's chime.com slash mnn, as in Money News Network. Chime
Starting point is 00:02:01 feels like progress. Banking services and debit card provided by the BankCorp NA or Stride Bank NA. Members FDIC, SpotMe eligibility requirements and overdraft limits apply. Booths are available to eligible Chime members enrolled in SpotMe and are subject to monthly limits. Terms and conditions apply. Go to Chime.com slash disclosures for details.
Starting point is 00:02:22 I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab. Hi, it's Tracy Denunzio. I'm an entrepreneur and investor and I'm also guest hosting money rehab this week while Nicole is off on maternity leave. Yesterday, you heard the first part of my conversation with Tim Ferriss. He's an investor, entrepreneur, author, and not just any podcaster. Tim has often been called the Oprah of audio. So if you missed yesterday's episode, cue it up. It was great. Today, you're gonna hear the second part of our conversation where we talk about Tim's current daily routine,
Starting point is 00:03:09 and then we go super deep on relationships and money, all the juicy stuff, pre-naps, dating, who should pay, and how Tim might just meet his future wife through this very episode. We end our conversation with a game of Never Have I Ever. Some of his answers really surprised me. Here, without further ado, is the second part of my conversation with Tim Ferriss.
Starting point is 00:03:38 Okay, so right now, what's the morning and evening routine for you? Right now, traveling in New York City, so it's pretty bare-bones, but What's my routine my routine is wake up have a little bit of tea? meditate It's gonna seem pretty funny. That's it That's my morning routine. It's very bare-bones if I'm at home. There's gonna be a little bit more to it So I would probably wake up caffeine, meditate,
Starting point is 00:04:10 cold plunge, because I do have a cold plunge. So I do that for three to five minutes. And then I might hop into, I have an endless pool machine. So it creates a current in your swimming pool so that you can swim against it. So you can do the equivalent of open water swimming. Do that for literally five to ten minutes to get the heart pumping. And then that's it. That's the morning. And there might be cases if I'm feeling like I'm caught up in the whirlwind, if I might be a little distracted or I'm like, what am I doing today? I feel like a thousand things are coming at me from a thousand directions
Starting point is 00:04:48 then I might use a journaling tool like the five-minute journal or something like that just to winnow everything down to two or three things that are Critical and plus having a very easy gratitude practice etc helps you to just take a little bit of pressure out of the system in the morning and it's literally five minutes and that's it so how does that change with the partner not at all my partner can't put up with that we're probably not a good match so yeah this is your routine in the morning when you're single when you're traveling
Starting point is 00:05:25 It's the same when you're home and when you're partnered. Yeah, it's the same. It's not that much time and I would say if It's really not that much time and I have friends who Preserve their routine even with multiple kids and guess what they wake up an hour earlier BfD big fucking deal, but on your big girl pants and it's fine. Especially when you have kids. It's fine. You have to carve out the right time. And evening routine is, for instance,
Starting point is 00:05:54 I mean for me tonight. Like I'm gonna go to, this will sound familiar, but I'm gonna go to a banya, so Russian bath house. Hot, cold, hot, cold. The one on 10th Street? I'm not gonna give exact specifics, but. Oh, okay, do not reveal your corporate address. I will. I've had some weird encounters. Russian bathhouse hot cold hot cold not gonna give exact specifics, but I will have had some weird encounters. I've had some weird encounters in bathhouses
Starting point is 00:06:19 That's gonna be the pull that's the pull that's that is the click baity headline so That will be an hour Hour and a half. It doesn't take very long. So I'm going in specifically for the hot, cold, hot, cold, hot, cold. I will, because I've only done one meditation. I'll meditate in the first hot session that I do probably.
Starting point is 00:06:36 10 minutes. And, but that's an hour. And then I will have dinner after that. And then in terms of wind down at night, I'll generally do a little bit of stretching, maybe some foam rolling, and then read in bed, not on my phone, no backlit screens. So Kindle or hard copy. You're so good.
Starting point is 00:06:57 Do you ever just get in bed and watch Netflix till you fall asleep like the rest of us? Never. I will watch Netflix, but I keep devices. I really try to keep devices out of bed, out of the bedroom. Yeah. Because all it takes, at least for me, I don't know about other people, you have one notification
Starting point is 00:07:13 pop up about something work related. Yes. And you're screwed. Yeah. You're screwed. Before you know it. Now you're in problem solving mode and you're not going to get out. Or you get sucked into social media, which is why I have no social media apps on my phone
Starting point is 00:07:25 Wow You do it on desktop. Yeah, I force myself to do on desktop if I'm gonna use it at all Which saves a lot of time on a few levels number one you can't use it compulsively but number two, I don't know if your friends are different from my friends, but many of the group chats that I'm in are 90% people sending stupid memes and videos to one another. I can't look at those because the platforms throttle what you can see without installing the apps they want to capture you.
Starting point is 00:07:58 So I only get to see one tenth of what gets sent to me. So it's all the stupid memes I send you are just going into the ether into the ether Yeah, and I can always catch up on laptop if I really want to catch up Oh, sometimes I will but then it's okay great now You're just doing it all at once so you knock it out in like half hour instead of interrupting your day 40 times It's my half an hour of meme absorption time. Yeah, exactly Tim you said you're going to dinner tonight. Do we have a date?
Starting point is 00:08:29 No date tonight. But you are single. I am single. How is it going? I think modern dating is a pretty strange thing. For me, it can be bizarre, but I'm not gonna say it or complain. I think being single can be fun.
Starting point is 00:08:42 I do not have that as my long-term strategy. I got out of a very long relationship two, two and a half years ago and thought that was gonna go to kids. Ended up not working out. Still actually very close to my ex. Not tethered. She's married now, so it's not like I'm just holding off with some hope that we'll get back together. That's not the situation but on very good terms I might actually have dinner with her tonight believe it or not. And just to catch up. I haven't seen her a long time but the hope and plan is building a family and Last I checked I guess it doesn't technically require a partner, but I would like to do it with a partner
Starting point is 00:09:23 I feel like it's better. Yeah, for me. I feel like you'll do better for that. For me, I want that whole adventure. So that's the plan. Do you know what you're looking for? Oh, yeah, yeah. Shocker.
Starting point is 00:09:33 Yeah, in typical typically. And I think we should be suspicious of what we want. That's actually from Rumi in the sense that we should cross-examine what we want because it may not actually be what we need but to the best I can tell I think there are a few things that mesh well with me. Smart of course, loves reading, athletic, I like athletic. Yeah athletic not just athletic but outdoorsy so if they only do CrossFit but they never go hiking or have no interest in it. A lot of city girls out there just went, aww. Well, this is why I said, or have interest in.
Starting point is 00:10:10 Right. Okay. Right. But I think ultimately I would like to spend a lot of the year around mountains, rivers, lakes. And I love skiing. So skiing is if someone skis or snowboards, that's a proxy a substitute. It's one Criterion that actually checks off a bunch of other boxes, right? It means if they take it seriously Yeah, not just I liked skiing when I did it three times. Do you want them to know they don't need to be They don't need to be a professional. But if someone's pretty good at skiing, let's just say and this isn't a pass fail thing They just have to enjoy skiing. But if they take it seriously enough that they
Starting point is 00:10:49 make time, let's just say each year to go skiing, what does that mean? It means they like being outdoors by default. It means they're willing to prioritize that and block out time for it. Yeah. And dedicate themselves to... Dedicate themselves. They probably are pretty good at sort of risk assessment and thinking about that. If they do back country stuff and so on, it checks a lot of boxes actually, right?
Starting point is 00:11:13 So I'm not saying someone has to ski, but I would say in a lot of the dates I've had so far, it predicts really accurately a bunch of other things. I would like someone who has a job or has some identity of their own. Because if not, there are few issues with the if not. I'm big on communication. I owe my ex actually a huge debt of gratitude for that
Starting point is 00:11:40 because she was a very good communicator, highly empathic. That's one of her superpowers. And so we did a lot of workshops and read a lot of books and it hugely benefited me. And just in terms of being able to communicate emotions, which my family didn't really do ever and ask what you want and draw boundaries and do repair, by the way, super important. There's going to be conflict no matter what.
Starting point is 00:12:04 Yeah. repair by the way, super important. That's a big one. There's gonna be conflict no matter what. Yeah. But I would say, smart, sporty, nice ass is always great. Okay. Yeah, like meat on the bones. Okay, oh, okay Tim.
Starting point is 00:12:14 Yeah, not like. Another headline. Not Kim K. Badonkadonk necessarily, but athletic. But not necessarily a note of that either. I want somebody who enjoys moving their body and likes to be athletic which ends up probably being closer to turning Mila Jovovich or the actress and fifth element than to
Starting point is 00:12:33 Mm-hmm. Kim K right the defense but the point is I need to look forward to having conversations with this person because Long-term relationships are basically one long conversation. They sure are. Right? And every, you get to the point where like, you start repeating your stories because you forget that you told the story to each other. So for that, they need to be deeply curious, right?
Starting point is 00:12:54 And I need to not just respect them, but admire something about them. Like I need to admire them. Yeah. And am I gonna wanna, if we sit at a table and let's just say they're understated, But admire something about them. Like I need to admire them. Yeah, and Am I gonna want to if we sit at a table and let's just say they're understated Am I gonna want to brag on their behalf about something? Yeah, that is a huge positive indicator. Okay, right and If that's the case if the things I just mentioned are true, which I don't think is that much I don't think it's unreasonable to look for like the stuff I just mentioned are true, which I don't think is that much. I don't think it's unreasonable to look for like the stuff I just mentioned.
Starting point is 00:13:26 If I could wave magic wand like three years from now, got a button in the oven or one little kid, that'd be great. Nice. I think that for instance, I was in my last relationship five and a half years. I think that was too long to go without a real phase shift towards like marriage or having kids. I don't think those need to go together by the way. Marriage and kids. You think you can split,
Starting point is 00:13:49 you don't wanna be married to one person and kids with another. Preferably not, but I do think that people trip themselves up. I certainly have tripped myself up thinking about like the contract with the state aspect of marriage. It can add a really thorny, difficult dimension.
Starting point is 00:14:08 And I know people who have also gotten married and just have it, the process of going through the prenup basically killed all the magic. I've seen that multiple times. It was like a pre-marriage divorce. Yes, that's what a prenup is. You pre-negotiate your divorce before you get married. So are you going to have a prenup? Oh yeah, of course. Oh, are gonna have a pre-nup. Of course. If I were to get married, I think it's irresponsible not to. That's my perspective. Yeah, right. And because it's here's the thing, as someone who's in the public, as someone who's done well and that's also in the public,
Starting point is 00:14:42 I don't want to question the motives of the person I'm with have you encountered that? Oh sure like any guy who's Reasonably successful has gone on dates where it's like on date three they're like oh and by the way I have a book coming out in two months, and we'd love to get your advice or oh by the way I have this startup, and it's the whole thing has been a ruse to get advice Do you think it's a ruse or do you think that it's like they like you and they want the benefits No, they would have told me upfront. They wouldn't have waited until month two or something. Oh for sure. Okay, that's like a material manipulation sometimes there's the both end right but the point and most women are great like I'm not saying that's all the time but
Starting point is 00:15:22 Just as I think a beautiful woman wants to know that someone is with her, not just for the sex appeal, because what happens when I age and this, that and the other thing. Similarly, like that can be a component of the attraction, but they want to be assured that's not the only thing. Similarly, it's like, I want to make sure that I'm not just a meal ticket. Yeah. And a lot of women on dating apps are very explicit about this.
Starting point is 00:15:50 I want to be spoiled and this and this, and they're looking for a patron more than they're looking for a partner, right? And so that's not all the time, but it is something that I don't want to have in the back of my mind. So a way to have that peace of mind is to have a prenup which I Think should just be a non-issue. I get it. It should be a non-issue now another reason. This is actually important
Starting point is 00:16:17 Where I like I would love to be with a woman who has like operated in the world, right? If life is always hard for someone, that person's not a good fit for me. But if they have some agency and experience in the world, dealing with something like a pre-nup will not be as hard as if you're dealing with someone who's never done any business, never dealt with lawyers. Okay, so if life is always hard for them,
Starting point is 00:16:39 meaning they perceive life as being too difficult, or do you mean if it's like objectively hard? They perceive life as being too difficult or yeah perceived if it's like they perceive life as being too difficult they May have I tend to be alright, so at the risk of maybe saying something obvious Are you ready? This is gonna be my theory on attraction. Yeah. Okay. Oh, yeah, you think you're ready. You're ready. Okay, so Hold on to your wallets Money rehab will be right back. I love hosting on Airbnb. It's a great way to bring in some extra cash. But I totally get it that it might sound overwhelming to start. Or even too complicated if, say, you
Starting point is 00:17:18 want to put your summer home in Maine on Airbnb, but you live full-time in San Francisco and you can't go to Maine every time you need to change sheets for your guests or something like that. If thoughts like these have been holding you back, I have great news for you. Airbnb has launched a co-host network, which is a network of high quality local co-hosts with Airbnb experience that can take care of your home and your guests.
Starting point is 00:17:39 Co-hosts can do what you don't have time for, like managing your reservations, messaging your guests, giving support at the property, or even create your listing for you. I always want to line up a reservation for my house when I'm traveling for work, but sometimes I just don't get around to it because getting ready to travel always feels like a scramble so I don't end up making time to make my house look guest-friendly, I guess that's the best way to put it. But I'm matching with a co-host so I can still make that extra cash while also making
Starting point is 00:18:04 it easy on myself. Find a co-host at airbnb.com slash host. You know, there was this one time before I did my own money rehab when I checked my credit score and I realized I had no idea what it actually meant for my financial future. That's when it hit me. It was time to get serious about my money. We've all had that moment, right? Whether it's saving for something big or finally paying off debt, we all get to a point where we need to make some real money moves. That's where Chime comes in. Chime offers a checking account designed to help you take control of your finances. With no monthly fees, no maintenance fees, and fee-free overdraft up to $200 with SpotMe. Imagine overdrafting and not having to worry about fees piling
Starting point is 00:18:43 up. Chime's got you covered. Plus, Chime isn't just a financial tool. It's a community. You can get boosts from friends to temporarily increase your spot me limit. And when you help someone out with their own boost, they can return the favor. Friends helping friends make progress. It's that simple. So why not make your fall finances a little greener? Open your Chime account in just two minutes at chime.com slash MNN. That's Chime.com slash MNN, as in Money News Network. Chime feels like progress.
Starting point is 00:19:12 Banking services and debit card provided by the Bancorp NA or Stride Bank NA. Members FDIC. SpotMe eligibility requirements and overdraft limits apply. Boosts are available to eligible Chime members enrolled in SpotMe and are subject to monthly limits. Terms and conditions apply. Go to Chime.com slash disclosures for details. And now for some more money rehab. The way I think of attraction is and if you get ruffled feathers with the terms I'm using, I'm sorry, but let's keep it simple. So I imagine a slider, there's a sliding scale. In the middle is 50-50 feminine masculine traits.
Starting point is 00:19:56 Now for the LGBTIQ folks out there, that doesn't mean male-female, right? But like masculine-feminine traits. You could have a male with very feminine traits or a female with very masculine traits. May have misspoken, but as you go out, let's just say it's 50-50, right? Like perfect androgyny, basically.
Starting point is 00:20:16 As you go out, then you have 100% masculine traits, 100% feminine traits. Very few people are that. Most people are somewhere in between. And I think that you, the polarity, when people are equ most people are somewhere in between and I think that you the polarity when people are Equidistant from the center. Yes, that tends to work. Well, yes. Okay. So what does that mean? Let's just say for the sake of argument. Let's say I'm 80% masculine third 20%
Starting point is 00:20:38 Feminine you think you're I'm pretty far out on the masculine. Okay scale. I think and that's what people tell me I mean, what do I know? So I tend to be attracted to women who are pretty far out on the other end, who are frequently free-flowing, free-spirited, highly feminine women. Sometimes that correlates to living in the moment, not really planning for the future.
Starting point is 00:21:07 So like long-term planning and thinking through complex problems that take time to unravel may not be a strong suit. I think that is something I have to be on guard against. Break those apart. Long-term planning, no, because if you're flowing in the moment. Complex stuff, I think the feminine does that hold on
Starting point is 00:21:25 I'm not saying the feminine broadly just hear me out here. These are not mutually exclusive The this can apply to men or just as equally right if they don't have the ability to long-term plan and focus on something for extended periods of time Then very Frequently, they also cannot break down complex, think through complex problems. Whether that's like how to school your kids, vaccination, no vaccination.
Starting point is 00:21:53 These are very complex problems that require critical thinking and cross-examining your own thinking. That's hard. God forbid something happens to me and I have kids, I wanna have full confidence that my partner is resourceful and will figure shit out. Right? There are a lot of amazing people in the world.
Starting point is 00:22:12 You have to have a way of narrowing it down. If somebody doesn't have a LinkedIn but they have an Instagram, I think that's often a problem. If I look on their LinkedIn and it's, oh, every job has been six to 12 months, probably not for me. Also fair. I never hired people.
Starting point is 00:22:25 You know what I mean though? You know what I mean? And if you wouldn't hire them, why would you marry them? I want to know that someone has been able to handle hard things. Also why skiing is interesting. Stick with it-ness. Yeah, have you gone to, as an example,
Starting point is 00:22:37 this is gonna seem maybe unreasonable, have you done something reasonably hard? Have you had a job and stuck with it for at least a handful of years, or started your own company and built it for a handful of years? Have you done something hard that requires resilience and dealing with setbacks?
Starting point is 00:22:54 If not, I hate to say it, but that's life, right? And if you're in a job and you aren't resilient, you can hop to another job hoping it'll be easier or better and then hop hop hop hop Hop hop if you're in a relationship What are you gonna do it ends up? Turning into a big mess. Yeah, so I Really want someone who's done something Stressful like they I can have confidence that they can handle stress
Starting point is 00:23:22 I would sum it up with a woman who doesn't have problems with these terms, feminine masculine, number one, who recognizes the strengths in both, but who probably is pretty far out on the nurturing family-oriented side. Someone for whom that is not an inner conflict. They know they want kids and family. That is uncomplicated.
Starting point is 00:23:43 Super clear. Yeah, super clear. Not, I don't know know. Maybe I'm not sure. None of that. I don't want to deal with that. I don't have time for that right now. And I'm clear on what I want. So I want someone who's clear that they want the same thing. Active, fit, outdoorsy, skiing, snowboarding, ideal. Curious reads a lot, good at critical thinking, and has done hard stuff over extended periods of time. I think that. Okay, so if there's a woman in the audience
Starting point is 00:24:12 listening right now who fits this, how do they find you? We might have just saved you so much swiping. Yeah, let's see. I'll create a URL. They can go to. Yes! Because otherwise, like Instagram or DM or whatever, it's just this is
Starting point is 00:24:26 Matchmaking. Yeah, I'll create a URL Tim dot blog. That's my website Tim dot blog slash partner Tim dot blog slash partner. Yeah, I'll create a page for it because the social media stuff is gonna be impossible Okay, ladies, if you heard something that sounded like a fit for you Tim is in the market I'm in the market and I'll add one thing, which is like my ex-girlfriends, over the last 10, 12 years, they all ended on good terms. Like I'm in good relationships with those people. They're amazing. And they're amazing women. Like they're all amazing in their own way. I think I'm a pretty good boyfriend. I gotta be honest. So not perfect.
Starting point is 00:25:00 I got my own stuff. We all have our own stuff, but, um, ready for the next chapter. That's amazing. I love the clarity. I love that you come credentialed. You can find my you can find my ex-girlfriend references on LinkedIn. Yeah, exactly. OK, Tim, we're unfortunately out of time.
Starting point is 00:25:19 I feel like I could talk to you forever. But before we go, will you play a little game with me? Sure. OK, we're going to play Never Have I ever. Normally we'd be drinking but we're not drinking because you're in your no fun remember. I can have fun in other ways. Here's how we do it. Okay we're gonna hold up a hand like this. Okay. Five fingers up if the answer to any of these is yes you just put one finger down. Oh boy. I'm gonna play it with you and win one of us all the fingers then, we're done. Okay, you ready? Never have I ever maxed out a credit card.
Starting point is 00:25:51 Wait, oh, if the answer is yes. If the answer is yes. Oh yeah, for sure. You did? Oh yeah, of course. To start my first company out of college. Never have I ever split the check on a first date. Okay, yes, if I put a finger down.
Starting point is 00:26:03 Yeah, you did? Do you always split the check on a first date? No, yes, if I put a finger down. Yeah, you did? Do you always split the check on a first date? No, I usually pay for it. So what happened? If I realize that it's a setup for, oh, I have this book I want advice on a startup or something, if some bullshit, then sometimes I'll split. Usually at this point in my life, it's just too much brain damage to deal with like the risk of some woman going on social media and going on some rampage. But like, I want to date with Tim Ferriss and here's what happened. I mean, you made me pay. Yeah, you made me pay for half the check.
Starting point is 00:26:32 It's only $37.80. Or whatever. But earlier, sure. Yeah, split the check. OK. If it's just a setup. If someone's been deceptive, then you can pay for half the meal. OK, fair.
Starting point is 00:26:43 Never have I ever invested in crypto. I have invested in crypto Okay, are you big crypto day? No, I've done well in crypto, but I think most of it is a shell game I'm just not convinced that really that the theses upon which I based those investments make any sense now Oh my god, we need a whole other episode for this They just people view it as like an inflation hedge and it's We need a whole other episode for this. They just people view it as like an inflation hedge and it's Inversely correlated unlike doesn't seem to be the case seems to be highly liquid and it just like more or less tracks S&P 500 so Do I want coming back to our correlated uncorrelated? I'm like, yeah, like I've done very well I'm very grateful for my friends who got me into some of the script and stuff. You got in early I did
Starting point is 00:27:21 Yeah, but would I invest in it now probably not? You got in early. I did, yeah. But would I invest in it now? Probably not. Wow. Yeah. Okay. We have to have a drink after and I want to hear about this or not a drink after.
Starting point is 00:27:31 Okay. Played the lottery. I played lottery. Oh yeah. Sure. Yeah. But I view it as entertainment. It's like to buy lottery tickets for everybody in my family if I don't see them as often
Starting point is 00:27:42 as I would like. And it's like, hey guys, all right, we have this this crazy powerball now we get to sit down and watch and see what happens it is a nice gift yeah lived paycheck to paycheck no I've never done that invested in a company that went bankrupt invested in dozens of companies that have gone bust like what percent of your investment the angel investing 70 to 80% for sure. You invest really early, so that's what you expect to happen.
Starting point is 00:28:09 Yeah, I don't think I've invested in any other companies. If we're talking about mature companies, I don't think I've invested in any that have gone bankrupt. But on the angel side, tons. I've had multiple companies go bankrupt in the last two weeks. Oh no, okay. Yeah, it's part of the game.
Starting point is 00:28:24 We're done because all your fingers were down, but I goes with yeah, yeah put it back in Invested in a company that became a unicorn. Yes. I've done that which ones a lot Twitter Facebook Alibaba before including advising Shopify uber dual lingo I Think blue bottle coffee even next door pretty sure by Uber, Duolingo, I think Blue Battle Coffee even, Nextdoor, pretty sure.
Starting point is 00:28:49 There's gotta be another like 10 or probably 10 more. And you were early in those companies. Yeah, I was pre IPO and all of them and I was very early in a bunch of them. Like I was the first advisor to Shopify, first of I think three advisors to Uber, first round Duolingo, first advisor to Clear, that's another one that would be a...
Starting point is 00:29:08 Oh, they're huge. All of those were very early. And this, ladies and gentlemen, is why Tim can afford to give away all of this golden advice for free. So keep tuning into the Tim Ferriss Show, where you get more value than anywhere else. Tim, thank you so much for coming on Money Rehab with me.
Starting point is 00:29:22 This was so fun. Thank you. Thank you. Money Rehab is a production of Money News Network. I'm your host, Nicole Lapin. Money Rehab's executive producer is Morgan Lavoie. Our researcher is Emily Holmes. Do you need some Money Rehab? And let's be honest, we all do.
Starting point is 00:29:40 So email us your money questions, moneyrehab at moneynewsnetwork.com to potentially have your questions answered on the show or even have a one-on-one intervention with me. And follow us on Instagram at MoneyNews and TikTok at MoneyNews Network for exclusive video content. And lastly, thank you. No, seriously, thank you. Thank you for listening and for investing in yourself, which is the most important investment
Starting point is 00:30:04 you can make. I love hosting on Airbnb. It's a great way to bring in some extra cash. But I totally get it that it might sound overwhelming to start, or even too complicated if say you want to put your summer home in Maine on Airbnb but you live full time in San Francisco and you can't go to Maine every time you need to change sheets for your guests or something like that. If thoughts like these have been holding you back, I have great news for you. Airbnb has launched a co-host network, which is a network of high
Starting point is 00:30:40 quality local co-hosts with Airbnb experience that can take care of your home and your guests. Co-hosts can do what you don't have time for, like managing your reservations, messaging your guests, giving support at the property, or even create your listing for you. I always want to line up a reservation for my house when I'm traveling for work, but sometimes I just don't get around to it because getting ready to travel always feels like a scramble so I don't end up making time to make my house look guest friendly. I guess that's the best way to put it. But I'm matching with a co-host so I can still make that extra cash while also making
Starting point is 00:31:11 it easy on myself. Find a co-host at airbnb.com slash host.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.