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  • The Tim Ferriss Show
    The Tim Ferriss Show

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    The Tim Ferriss Show

    Tim Ferriss: Bestselling Author, Human Guinea Pig

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  • #483: Jim Collins on The Value of Small Gestures, Unseen Sources of Power, and More

    02/12/2020

    #483: Jim Collins on The Value of Small Gestures, Unseen Sources of Power, and More

    Jim Collins (jimcollins.com) is a student and teacher of what makes great companies tick and a Socratic advisor to leaders in the business and social sectors. Having invested more than a quarter-century in rigorous research, he has authored or co-authored six books that have sold in total more than 10 million copies worldwide. They include Good to Great, the #1 bestseller that examines why some companies make the leap to superior results, and its companion work Good to Great and the Social Sectors; the enduring classic Built to Last, which explores how some leaders build companies that remain visionary for generations; How the Mighty Fall, which delves into how once-great companies can self-destruct; and Great by Choice, which is about thriving in chaos—why some do and others don’t. And now he’s updating his debut book, Beyond Entrepreneurship, for the 21st century. Beyond Entrepreneurship 2.0: Turning Your Business into an Enduring Great Company is now available. Please enjoy this round two with Jim Collins! (And if you haven’t already, make sure to check out round one here.) * This episode is also brought to you by GiveWell.org! For over ten years GiveWell.org has helped donors find the charities and projects that save and improve lives most per dollar. Here’s how: GiveWell dedicates over twenty thousand hours a year to researching charitable organizations and hand-picks a few of the highest-impact, evidence-backed charities. Since 2010, GiveWell has helped over 50,000 donors direct over 500 million dollars to the most effective charities. Most importantly, these donations will save over 75,000 lives and improve the lives of millions more. This year, support the charities that save and improve lives most, with GiveWell. Any of my listeners who become new GiveWell donors will have their first donation matched up to $250 when you go to GiveWell dot org/Tim and select “PODCAST” and “Tim Ferriss” at checkout. * This episode is also brought to you by Wealthfront! Wealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $20 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost.  Smart investing should not feel like a rollercoaster ride. Let the professionals do the work for you. Go to Wealthfront.com/Tim and open a Wealthfront account today, and you’ll get your first $5,000 managed for free, for life. Wealthfront will automate your investments for the long term. Get started today at Wealthfront.com/Tim. *** If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews! For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss  Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss  YouTube: youtube.com/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    02/12/2020

    •
    2h 46m
  • #869: Max Levchin, PayPal and Affirm — The Path from The Soviet Union to Building Multi-Billion Dollar Companies (Plus: Real-World Socialism vs. Capitalism)

    9 Jun

    #869: Max Levchin, PayPal and Affirm — The Path from The Soviet Union to Building Multi-Billion Dollar Companies (Plus: Real-World Socialism vs. Capitalism)

    Max Levchin (@mlevchin) is a serial entrepreneur and investor in 100+ startups. He's the founder and CEO of Affirm, the payment network powering consumer purchases and merchant growth. An original PayPal co-founder, Max served as CTO until its 2002 acquisition by eBay. This episode is brought to you by: ProLon: science-backed Fasting Mimicking Diet that helps activate cellular renewal through fasting, while still eating nourishing meals: ProlonLife.com/TimMonarch track, budget, plan, and do more with your money: Monarch.com/Tim Shopify global commerce platform, providing tools to start, grow, market, and manage a retail business: Shopify.com/timTimestamps: [00:00:00] Start.[00:02:50] The Ronin line that rewired how Max makes every decision.[00:06:09] Paprika-style brain-computer interfaces.[00:09:09] PayPal's founders lived inside a Neal Stephenson novel.[00:19:21] Transformation via Neuromancer and Snow Crash.[00:23:40] The book that found Max his wife.[00:29:24] The real secret to a great marriage.[00:38:29] What's worth tracking, and what's not.[00:44:13] A scrawny kid, a clarinet, and a Kyiv velodrome.[00:46:55] What going all-out on a bike actually gives you.[00:51:02] The mantra by which Max rides.[00:53:02] A Soviet kid's fear of socialism.[01:02:48] Making a profit without destroying society.[01:04:31] What is Affirm, and why did every banker say it would fail?[01:20:18] Why the best mathematicians eschew the lending industry.[01:23:50] Does agentic commerce break Affirm, or supercharge it?[01:28:01] A PhD-level financial advisor in everyone's pocket.[01:29:58] How close are we to buying anything through one AI chat?[01:36:32] Improving your coffee: cheap, intermediate, and Bugatti options.[01:44:33] The books every first-time founder should actually read.[01:48:08] Claude Shannon, Ed Thorp, and the joy of playful genius.[01:51:00] Why physical books still beat every digital reading experience.[01:51:44] Parting thoughts.* For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast. For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsors Sign up for Tim’s email newsletter (5-Bullet Friday) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss  Instagram: instagram.com/timferriss YouTube: youtube.com/timferriss Facebook: facebook.com/timferriss  LinkedIn: linkedin.com/in/timferriss See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    9 Jun

    •
    1hr 58min
  • How to Monetize AI and Build the Life and Career You Want

    23 Jun

    How to Monetize AI and Build the Life and Career You Want

    Alicia Lyttle is the CEO of AI InnoVision and one of the clearest voices teaching entrepreneurs and operators how to actually use AI to make money. Her clients run from solo founders to Fortune 500 companies and US government agencies. She's been teaching people how to build online for 25 years, long before the current AI wave. People call Lyttle the Queen of AI for good reason. The AI conversation right now is mostly hype or fear, but this is the more grounded version: specific tools, real workflows, and what actually works when you try to put any of this into a real business. In this conversation: The one question Lyttle calls the golden ticket for figuring out what to hand to AI first when you're building your business Why getting good at AI has meant hiring more people, not fewer How to build an AI team when you can't yet afford to hire a human one The three-step process for turning any prompt into a "super prompt" that actually pays off How to use AI to create a $20,000 presentation What you should never put into ChatGPT, and how to protect your business while still using it To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

    23 Jun

    •
    1hr 11min

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