Smart Friends Eric Jorgenson

Links:
Join us in Rolling Fun!
Hear our other Rolling Fun eps!

Rolling Fun GPs:
Al Doan - Founder of Creativity Inc., a $100m+ collection of e-commerce brands. Founder of Pretzel. BS from BYU Hawaii, OPM at HBS. Makes one hell of a peach cobbler. (Twitter, LinkedIn)
Bo Fishback - Founder of Lightspeed Genomics (acq 2008), Orbis Biosciences (acq 2020), Zaarly (acq 2020). BS in Biomedical Engineering from SMU, MBA at HBS. Completed the ‘impossible’ Gallon Challenge, drinking a whole gallon of milk in an hour. (Twitter, LinkedIn)
Eric Jorgenson - Founding team of Zaarly. Author of Almanack of Naval Ravikant. Has a podcast. Barely graduated from a state school. Received a cease & desist from Craigslist for some frowned-upon marketing techniques. (Twitter, LinkedIn)


Topics:
(00:00:00) - Intro
(00:00:06) - Warming up the vocals/ catching up
(00:09:14) - Q4 Catch-up and new deal flow
(00:15:16) - Portola
(00:41:40) - Atomic Industries 


To support the costs of producing this podcast: 
>> Buy a copy of the Navalmanack: www.navalmanack.com/ 
>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/
>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 
>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun
>> Join the free weekly email list at ejorgenson.com/newsletter
>> Text the podcast to a friend
>> Or at least give the podcast a positive review to help us reach new listeners! 

Important quotes from Naval on building wealth and the difference between wealth and money:
 
How to get rich without getting lucky. - Naval Ravikant
 
Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant
 
Seek wealth, not money or status. - Naval Ravikant
 
Wealth is having assets that earn while you sleep. - Naval Ravikant
 
Money is how we transfer time and wealth. - Naval Ravikant
 
Ignore people playing status games. They gain status by attacking people playing wealth creation games. 
 
You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant
Important quotes from the podcast by Naval on Leverage:
 
“Give me a lever long enough and a place to stand, and I will move the earth.” 
—Archimedes 
 
To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant
 
Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant
 
Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant
 
If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant
 
Leverage is a force multiplier for your judgment. - Naval Ravikant
 
Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant
 
Important Quotes from the podcast on Business and Entrepreneurship
 
There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant
 
You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.  
 
Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start.

Links:
Atom Limbs
Waitlist
Crowdfunding Round - Wefunder
Tyler on X

Topics:
(00:00:00) - Intro
(00:02:19) - Inside building Atom Limbs  
(00:18:37) - The process of researching what knowledge was needed to build this company
(00:27:26) - Feedback loops in prosthetics
(00:29:23) - Where is Atom Limbs today?
(00:40:48) - Wild, irresponsible speculation: Where do you hope this company will be in 50 years?
(00:48:30) - Are there ways for these prosthetics to extend lifespan?
(00:52:21) - What’s the price point you’re speculating for a prosthetic?
(00:55:32) - How do you see the next 18 months playing out?
(01:03:16) - How can people support you?


To support the costs of producing this podcast: 
>> Buy a copy of the Navalmanack: www.navalmanack.com/ 
>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/
>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 
>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun
>> Join the free weekly email list at ejorgenson.com/newsletter
>> Text the podcast to a friend
>> Or at least give the podcast a positive review to help us reach new listeners! 

Important quotes from Naval on building wealth and the difference between wealth and money:
 
How to get rich without getting lucky. - Naval Ravikant
 
Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant
 
Seek wealth, not money or status. - Naval Ravikant
 
Wealth is having assets that earn while you sleep. - Naval Ravikant
 
Money is how we transfer time and wealth. - Naval Ravikant
 
Ignore people playing status games. They gain status by attacking people playing wealth creation games. 
 
You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant
Important quotes from the podcast by Naval on Leverage:
 
“Give me a lever long enough and a place to stand, and I will move the earth.” 
—Archimedes 
 
To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant
 
Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant
 
Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant
 
If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant
 
Leverage is a force multiplier for your judgment. - Naval Ravikant
 
Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant
 
Important Quotes from the podcast on Business and Entrepreneurship
 
There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant
 
You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.  
 
Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start.

Links:
Garrett Scott on X
Pipedream Labs

Topics:
(00:00:00) - Intro
(00:03:00) - Pipedream
(00:08:33) - What’s the existing infrastructure for this product?
(00:12:55) - Finding geographical partners
(00:14:52) - Hyperlogistics, regulations, and long-tail e-commerce
(00:30:35) - What are the toughest technical problems?
(00:34:32) - The ability to master multiple disciplines
(00:37:18) - The challenge of implementation
(00:42:20) - Finding partnerships and building trust
(00:47:46) - How did you become the person who’s pursuing this?
(00:52:30) - The first 18 months of ideating Pipedream
(00:56:47) - What’s the 50-year projection for hyperlogistics?
(01:01:31) - How can people be helpful to the mission

To support the costs of producing this podcast: 
>> Buy a copy of the Navalmanack: www.navalmanack.com/ 
>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/
>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 
>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun
>> Join the free weekly email list at ejorgenson.com/newsletter
>> Text the podcast to a friend
>> Or at least give the podcast a positive review to help us reach new listeners! 

Important quotes from Naval on building wealth and the difference between wealth and money:
 
How to get rich without getting lucky. - Naval Ravikant
 
Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant
 
Seek wealth, not money or status. - Naval Ravikant
 
Wealth is having assets that earn while you sleep. - Naval Ravikant
 
Money is how we transfer time and wealth. - Naval Ravikant
 
Ignore people playing status games. They gain status by attacking people playing wealth creation games. 
 
You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant
Important quotes from the podcast by Naval on Leverage:
 
“Give me a lever long enough and a place to stand, and I will move the earth.” 
—Archimedes 
 
To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant
 
Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant
 
Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant
 
If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant
 
Leverage is a force multiplier for your judgment. - Naval Ravikant
 
Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant
 
Important Quotes from the podcast on Business and Entrepreneurship
 
There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant
 
You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.  
 
Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start. 

Links:
Join us in Rolling Fun!
Hear our other Rolling Fun eps!
Ouros
AltHQ
Zencastr
Atom Limbs
General Fabrication Company

Topics:
(00:00:00) - Intro
(00:02:57) - Dear Listener
(00:09:44) - Eric’s life as a CEO & Scribe
(00:17:14) – Rolling Fun Q2 Investments
(00:30:21) - Rolling Fun Q3 Investments
(00:41:26) - Lessons from playing basketball with Mr. Beast for 3 days

To support the costs of producing this podcast: 
>> Buy a copy of the Navalmanack: www.navalmanack.com/ 
>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/
>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 
>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun
>> Join the free weekly email list at ejorgenson.com/newsletter
>> Text the podcast to a friend
>> Or at least give the podcast a positive review to help us reach new listeners! 

Links:
David Senra on X
Mitchell on X
Founders Podcast
Better Bookkeeping



Mentioned on the episode:
Fiftyyears.com
Foundersonly.com
Poor Charlie’s Almanac
Liar’s Poker
Atomic Habits
The Pathless Path
Morgan Housel books
Tren Griffin Blog - 25iq
Brent Beshore on meeting Charlie Munger
Who is Michael Ovitz?
Powerhouse by James Andrew Miller
The Eternal Pursuit of Unhappiness 
Blake Robbins on Twitter

Topics:
(00:00:00) - Intro
(00:03:53) - David - Product launching machine & the power of building relationships
(00:24:18) - Thoughts on Podcast advertising 
(00:31:35) - Book Publishing
(00:38:27) - Eric’s new life as a CEO
(00:59:23) - The permissionless adding of value
(01:13:08) - The Power of Podcasting 
(01:17:04) - Updates on the Baldridge Empire
(01:34:19) - Reflecting on Main St. Summit
(01:56:57) - Book recommendations
(02:08:24) - Hire a paid critic
(02:22:30) - Wrap up

To support the costs of producing this podcast: 
>> Buy a copy of the Navalmanack: www.navalmanack.com/ 
>> Buy a copy of The Anthology of Balaji: https://balajianthology.com/
>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage 
>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun
>> Join the free weekly email list at ejorgenson.com/newsletter
>> Text the podcast to a friend
>> Or at least give the podcast a positive review to help us reach new listeners!

Links for Matt’s stuff:
Aalo.com
Matt on Twitter
Aalo on Twitter
Aalo Job Board

Link to invest alongside Eric in deals like Aalo: rolling.fun

Links to stuff mentioned:
Decouple Podcast
Titans of Nuclear Podcast
Nuclear Barbarian Substack
Atomic Awakening by James Mahaffey
Why Nuclear Power Has Been a Flop by Jack Devanney


Topics:
(00:03:08) How the popular opinion of nuclear has changed from the 1950’s
(00:15:16) The regulation issues surrounding nuclear
(00:17:20) Water-based nuclear reactors vs. advanced nuclear reactors
(00:19:40) Matt’s journey into nuclear energy
(00:34:42) Aalo’s strategy
(00:41:12) What is the TAM for this nuclear microreactors?
(00:45:53) The manufacturing process for a nuclear plant
(00:48:51) The nuclear supply chain
(00:50:01) The change in public opinion on nuclear energy
(00:55:56) Support for nuclear energy in the VC world
(01:01:12) Recommendations for learning more about the sustainable energy industry
(01:03:30) What do you look for when hiring?
 
To support this podcast:
>> Join the free weekly email list at ejorgenson.com/newsletter
>> Buy a copy of the Navalmanak: www.navalmanack.com/
>> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun
>> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage
>> Text the podcast to a friend
>> Or at least give the podcast a positive review to help us reach new listeners!

Important quotes from Naval on building wealth and the difference between wealth and money:
 
How to get rich without getting lucky. - Naval Ravikant
 
Making money is not a thing you do—it’s a skill you learn. - Naval Ravikant
 
Seek wealth, not money or status. - Naval Ravikant
 
Wealth is having assets that earn while you sleep. - Naval Ravikant
 
Money is how we transfer time and wealth. - Naval Ravikant
 
Ignore people playing status games. They gain status by attacking people playing wealth creation games. 
 
You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. - Naval Ravikant

Important quotes from the podcast by Naval on Leverage:
 
“Give me a lever long enough and a place to stand, and I will move the earth.” 
—Archimedes 
 
To get rich, you need leverage. Leverage comes in labor, comes in capital, or it can come through code or media. But most of these, like labor and capital, people have to give to you. For labor, somebody has to follow you. For capital, somebody has to give you money, assets to manage, or machines. - Naval Ravikant
 
Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. - Naval Ravikant
 
Code and media are permissionless leverage. They’re the leverage behind the newly rich. You can create software and media that works for you while you sleep. - Naval Ravikant
 
If you can’t code, write books and blogs, record videos and podcasts. - Naval Ravikant
 
Leverage is a force multiplier for your judgment. - Naval Ravikant
 
Apply specific knowledge, with leverage, and eventually you will get what you deserve. - Naval Ravikant
 
Important Quotes from the podcast on Business and Entrepreneurship
 
There is no skill called “business.” Avoid business magazines and business classes. - Naval Ravikant
 
You have to work up to the point where you can own equity in a business. You could own equity as a small shareholder where you bought stock. You could also own it as an owner where you started the company. Ownership is really important.  
 
Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start.