Dr. Peter Diamandis has been named one of “The World’s 50 Greatest Leaders” by Fortune Magazine.
You asked for an entire episode with him, so here it is! The subject is simple: How to think big, and how to use the key strategies of Peter’s friends and investors, including Elon Musk, Jeff Bezos, Richard Branson, and Larry Page. How do they create maximum leverage? How do they think differently? We explore all of this.
In the field of innovation, Diamandis is Chairman and CEO of the X PRIZE Foundation. Among many other things, Diamandis is also the Co-Founder (along with Craig Venter and Bob Hariri) of Human Longevity Inc. (HLI); and Co-Founder of Planetary Resources, a company designing spacecraft to mine asteroids for precious materials (seriously).
If I could ask one person to write one book, it would Peter and his new tome, Bold: How to Go Big, Create Wealth, and Impact the World. In fact, I have been asking him for years, and now it has arrived. The back cover alone gives me serious envy. Check out these testimonials from Bill Clinton, Eric Schmidt, and Ray Kurzweil. Ray says simply: “If you read one business book in the twenty-first century, this should be the one.”
You can find the transcript of this episode here. Transcripts of all episodes can be found here.
There are a few ways to listen to this episode, and I highly suggest a notepad:
- Listen to it on iTunes.
- Stream here.
- Download is as MP3 by right-clicking here and choosing “save as”.
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Enjoy! I didn’t have time for show notes on this one, but — as usual — I’m happy to include the first comprehensive show notes (with links) that any reader leaves in the comments. I will gladly link to your website in appreciation.
QUESTION OF THE DAY: What books or resources have most inspired you to think BIGGER, to 10x your results or impact? Please share in the comments by clicking here.
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151 Replies to “How to Think Like Elon Musk and Jeff Bezos (#56)”
In my 20’s I got excited about drinking and now I’m approaching 30 I get excited about thinking.
The “resource” IS Elon.
The book is “The ONE thing”.
Ramit Sethi’s emails/blog posts are by far the most inspirational in my life currently. The way he breaks things down into simple steps and numbers and shows you how things truly are possible just gets me excited to go bigger and better.
Those testimonials are something else Tim!
Can you please have your podcasts transcribed? Not only will it help hearing impaired people follow your great podcasts, but it will also open it to others who want to save time by reading through the transcripts. You’re all about time management. 😉
I agree.Some of us are foreigners.It`s easier to read or just to check you understand correctly the podcast.Best regards W.
I practically transcribed it, happy to share it with you
Hi Teash, could I please have a copy?
Yes absolutely, I’ll just need you to share your email address with me 🙂
Hi Teash, I’d love to see it too – I’ve sent you my email address via Facebook message. 🙂
Agreed, as a foreigner, text helps to follow.
I’m sure if you transcribe it he’ll put it up for you. It’s not too expensive to have someone on odesk or fiverr transcribe it.
Tim – the podcasts are amazing. Listen to them in the car. Thank you for doing this. Listening to this now. The question from Peter Thiel also sticks out – how to achieve your 10 year goals in 6 months! Now to get to work on that! 🙂
My head is now swimming in an ocean of Dr.Peter, Elon and Jeff.
Will be floating with this giant current for a long while.
Thanks for all the good work.
Tim thank you for doing what you do … I’m loving the podcasts – the guests you have on the show are fantastic! I would love to see Elon Musk on your show – that would be my dream guest. I’d be curious to see who your dream guest for the show would be?
I’ve also been using your podcasts coupled with your book club to identify which books to read and you haven’t let me down once … Recently finished Vagabonding, The Art of Learning & The Obstacle is the Way … Bold is next on the list 🙂
Is there show notes?
I appreciate his bringing up the point of ‘taking moon-shots’, however, for those of us who are idea people more than make-it-happen people, the ideas are everywhere. So as someone who has seen at least three of my ideas become successful startups over the last year (no kidding), what is the best way to put a big dream into action? It would seem that big dreams also require big teams and big capital backing.
Two words: Partner up.
You already half the visionary half of the equation, time to find the “nuts&bolts” execution/implementation half.
It doesn’t take a “big” team, (at least not at first) but it does take A team.
Start small. The idea is easy to the point of almost worthless, I’d bet thousands of people also had your ideas, probably a few dozen even had ALL your ideas, the value comes in being able to get things done. Getting things done is not hard, it’s really scary. It’s easy to say, I don’t know what to do, that’s bullshit, you don’t know the BEST thing to do and you’re afraid of failure. How do I design and produce a product? Start calling people. I don’t know who to call, doesnt matter, call someone. LinkedIn. Twitter. Read a book. How do I fund it? Ask people for money. Who do I ask? Everyone. Kickstart it. Take pre-orders. Stop being afraid, you’re not being chased by lions. How do I sell it? Tell people about it, be excited. Facebook. Twitter. Instagram. Pintrest. Go flicker door – to-door. It’s not that you don’t know what to do, your brain is blocking you from taking risks, your brain doesn’t want you to be a social pariah. Breaking the fear and being bold is not easy, but it is the answer, not getting the answer to the next thing you “don’t know how to do”.
How do you break the fear? Start SUPER small, prove to your subconscious there are no lions. Noah Kagan calls this the… (coffee challenge? I forget what he calls it)… Where you just ask a barista for free coffee, it’s harder than it sounds, but think about this, if you can’t ask for free coffee how are you going to ask for someone to invest a million dollars in your unproven idea? You can’t skip the personal development and expect to succeed. People like Tim Ferriss and Elon Musk started early, unintentionally, but they got their training. Learn to be comfortable being uncomfortable. Learn to work hard on something you’re not sure will work. Grit. Learn to break dreams into goals into todo lists into individual tasks. Elon Musk didn’t start with SpaceX, he started a crappy Internet company, slept in a cheap office and showed at the Y to do it. But even BEFORE that, he wrote a computer game, but more important than writing it, he sold it. He tried to start an arcade, Elon says he’s not a fan of the fail fast model, but he failed earlier than most try, that was bound to have stuck with him, so he pivoted and sold chocolates. He did this as a kid, you are an adult (I’m assuming) and you want to do great things, but you can’t do the small things.
The great things are don’t with patience and grit, one small thing after another, that’s the only way.
Hi Tim, thank you so much for this amazing and tremendously inspiring episode. My next diary entry will be about thinking bigger.
I have compiled show notes. Please use them and please add a link to my productivity and economics blog Heronmind (link in website field). It is greatly appreciated and would make my week!
Selected Links from the Episode
Bold by Peter H.Diamandis and Steven Koller http://www.boldbook.com http://www.amazon.com/Bold-Create-Wealth-Impact-World/dp/1476709564/
Abundance: The Future Is Better Than You Think by Peter H. Diamandis and Steven Kotler http://www.amazon.com/Abundance-Future-Better-Than-Think/dp/145161683X/
Stone Soup by Ann Mcgovern http://www.amazon.com/Stone-Soup-Ann-Mcgovern/dp/0590416022
Hacking Kickstarter: How to Raise $100,000 in 10 Days http://fourhourworkweek.com/2012/12/18/hacking-kickstarter-how-to-raise-100000-in-10-days-includes-successful-templates-e-mails-etc/
X Prize http://www.xprize.org
Planetary Resources http://www.planetaryresources.com
Human Longevity Inc http://www.humanlongevity.com
The Landmark Forum http://www.landmarkworldwide.com
Hero X https://herox.com
Carbon Capture X Prize http://www.xprize.org/prizes/future-prizes/carbon
Google Lunar X Prize http://lunar.xprize.org
International Space University http://www.isunet.edu
Singularity University http://singularityu.org
Companies started by Dr. Peter Diamandis [2:20]
Shifting the magnitude of your aspirations [6:13]
Primer on thinking exponentially [7:37]
Moores’s law and thinking about extremely fast growing technology [10:20]
Questions for thinking big [15:40]
Strategies and psychological tools Jeff Bezos, Elon Musk, Larry page and Richard Branson have in common [20:20]
How the Elons and the Bransons cover their weaknesses [25:50]
Background and accomplishments of Elon Musk and Jeff Bezos [27:07]
Who tells Peter when he is wrong [36:07]
Defense against the majority of people who take you back to the mean [37:16]
Peter’s Morning Routine [44:56]
What Peter looks for in friends [47:24]
Updating your brain’s operating system [48:39]
Incentive Competitions [51:22]
Thinking and acting on Climate Change [55:10]
Supercredibility and the launch of X PRIZE [1:01:21]
Pessimistic periods for Peter and how got out of them [1:07:00]
Finding your passion in life [1:09:50]
Advice Peter would give his 20 year old self [1:12:00]
Bold pre-launch, and getting ahold of Peter [1:12:59]
Jeff Bezos http://en.wikipedia.org/wiki/Jeff_Bezos
Elon Musk http://en.wikipedia.org/wiki/Elon_Musk
Richard Branson http://en.wikipedia.org/wiki/Richard_Branson
Anousheh Ansari http://en.wikipedia.org/wiki/Anousheh_Ansari
Amir Ansari http://en.wikipedia.org/wiki/Amir_Ansari
Tony Robins http://en.wikipedia.org/wiki/Tony_Robbins
Craig Venter http://en.wikipedia.org/wiki/Craig_Venter
Bob Hariri http://www.humanlongevity.com/about/robert-hariri/
Steven Kotler http://en.wikipedia.org/wiki/Steven_Kotler
Astro Teller http://en.wikipedia.org/wiki/Astro_Teller
Gordon Moore http://en.wikipedia.org/wiki/Gordon_Moore
Get ahold of Peter Diamandis
Book launch page http://www.boldbook.com
A million thanks Paul! These are phenomenal show notes. I look forward to reading your blog and listening to your audio as well.
The Checklist Manifesto by Atul Gawande.
Please do more interviews like this. Getting fresh perspectives is my favorite part of this blog. Thank you
01:30 – Introducing Dr. Peter Diamandis
02:30 – About Peter’s many companies incl. X PRIZE, Planetary Resources, HLI and how it all started
05:20 – How Peter makes Tim feel like he should try 1000 times harder
06:50 – Tim’s 2015 New Year’s resolution and the meaning of “exponential”
10:00 – Technologies like robotics, synthetic biology, and artificial intelligence are underpinned by Moore’s law
12:50 – How non-technologists can tap into the power of these rapidly developing technologies
15:15 – Helpful questions to ask when trying to make a huge impact
18:05 – Why any entrepreneur or business should attempt to disrupt themselves
20:20 – Strategies or psychological tools that extraordinary entrepreneurs like Elon Musk, Jeff Bezos, or Richard Branson have in common despite having very different backgrounds
25:50 – How do these people compensate for their weaknesses?
27:35 – Elon Musk’s background
31:45 – How Elon Musk’s story contrasts with that of Jeff Bezos
36:05 – Who does Peter rely on to tell him when he’s wrong?
38:10 – Two concepts Tim uses when making difficult decisions (typically about experimentation)
39:25 – Peter’s thoughts on crowdfunding
45:20 – Peter’s morning routines
47:25 – What qualities or criteria does Peter look for when choosing his friends?
51:20 – The power of incentive competitions
55:00 – What is being done about climate change and suggestions for addressing the problems that come with it
1:01:20 – The concept of “super credibility”
1:07:00 – A brief time in Peter’s life where he felt depressed and how he overcame it
1:10:10 – Suggestions for people to finding their passion
1:12:00 – If Peter could offer his younger, say 20-year-old, self one piece of advice, what would it be?
1:12:55 – The new book “Bold” by Peter Diamandis and Steven Kotler
I put together a list of links from the episode, as well as people mentioned. Since I can’t paste URLs here in the comments, I added an Evernote share link (click on my name).
Great episode, by the way!
Taking your advice from the Ramit podcast and being in the first 100 comments…I’m an engineer here at SpaceX (been here a while) and would love to have you stop by for a tour (if you haven’t already). Pretty inspiring stuff to see!
Love the end quote:
“Ultimately, part of my missions comes back to what Lary Page said is that 99,999999999999% of the people are not doing anything that is going to change the world. I want to inspire through – [insert your project here] – to let people realize that today you can do so much more. You’ve got the technology, access to knowledge, access to capitals, access to mind-set access to resources, experts. So i am trying to take the shackles off peoples dreaming abilities and give them some tools to go and do big things because that’s the only way we can create a world of abundance. The only way to create a vibrant future above us.”
Interesting. As always. Tim, the best book for me, so far is Rich Dad, Poor Dad. I read it when I was in college and it was the best eye opener.
I learned about the rich and the poor and how to think and act like the latter.
The books that most inspired me to think bigger are:
1.- Think and grow rich
2.- Poor dad rich dad
3.- The 48 laws of power (The Prince & The Art of War)
4.- The 50th law
6.- The 10x rule
7.- And of course The 4HWW
The order is how I read them.
loved the book, first time commenter. I am an engineering student pursuing my master’s and I have applied many of your techniques to my own personal life. The best book I have read is “The 33 Strategies of War” by Robert Greene. Simply an amazing book for personal and business reasons. I highly suggest a read!
The story of Tim bumping into Bezos is gold lol
This is awesome. I have been waiting for this episode with Dr. Peter. Thanks Tim! You are the best.
I prefer reading. Any chance all these great interviews could be offered in text or transcribed version?
A fascinating interview Tim. Inspiring and motivational
I LOVE the “Stone Soup” fable too. Here is a website that tells one version of it, although I prefer a different telling of it then this one where the whole village contributes to the soup:
Happy reading. Perhaps one of you can find a version that has the entire village contributing to the soup…
That is one amazing interview, more like this ;). I love the art of thinking big, 10X! And I agree Tim that you can do so much more then books & investing (although I’d love to read your new books every 2-3 years). It seem that you can succeed anything you set your mind to and that seems to be a very rare quality. What’s next for you?
Tim, I’ve also noticed that the transcripts are still unavailable on your site and many people asked for those too.
As a guy that takes huge amounts of notes and like to save text to my Kindle, that would be awesome to have all the other transcripts. I already did entirely the transcript with Josh Waitzkin as an experiment (http://www.joelalain.com/tim-ferriss-podcast-the-tim-ferriss-show-episode-2-transcript/ – if link is remove just google “Tim ferriss josh waitzkin transcript”) and if you think this is well done I could do a few more as a (paid) test and see where it goes. It’s a pretty insane job but it could be interesting.
thank you for that! some of us find the transcripts very useful. at least I personally do because I often search for keywords inside the transcript (words that I saved from listening to the podcast).
Yes, I had this same reaction…even some short, show notes would be a great addition. Might also help with SEO factors as well.
I saw your transcript and I think you did an awesome job especially with all the linking you did. I am only speaking from my perspective but I think your best move, assuming you want any kind of relationship with Tim, whether personal or business, would be to do all the transcripts for Tim for free and without being asked.
Why do I say this?
1) Tim has many resources and its obvious he knows how to get things done. If he wanted there to be transcripts there would be transcripts. He could do them himself, pay an English speaker as a VA, have some setup an Amazon Mechanical Turk transcription service, pipe the audio into a speech-to-text program, some combination of all those, or even some other option.
2) Tim mentioned in, I think it was, his podcast on answering readers questions that the best way to get to network and meet people above you is to volunteer for a free job and do an AMAZING job at it. I think that was how he met Jack Cannefield,.
3) You stand to gain more from this than Tim. The instant he pays you you gain the credibility of saying “Working/Worked with Tim Ferriss.” If you saw his post on an editor you can see he is exact and demanding. The minute he starts to think I should pay Joel Alain to do transcripts his mind will ask “Is Joel the best guy for this? If I am serious about setting up transcription to my level of standards should I send out feelers or make a post?” You don’t want him, ideally, to do that. You want to stand out by doing a great job for free.
4) What will this cost you? You said on your transcript page that it “took me a few, painstaking days to write down.” I think in another podcast Tim talks about opportunity cost and how he had to decide on doing his TV show, blog posts, etc.
5) Referral approach. Actually, I just realized what you could do is transcripts for people in Tim’s network. Do a great job for free and when Tim is ready to be serious he might hear from James Altucher, Joe Rogan, or Don Carlin how there is this guy named Joel Alain who does amazing transcriptions! I think Tim mentioned he heard about Ryan Holiday () from one of his friends in a similar way.
This will all lead to Tim subtly recognizing you as a stand out from his other readers and as someone who cares about his brand and mission from an intrinsic level and not a financial incentive level. It also sets you apart from the fan boy and the beggar with his hand out.
Again, you did an awesome job on the transcript. I think you doing them for free would be the best win-win-win here. If you are interested, you might find these two blog posts by Noah Kagan helpful.
I looked at your “About” on your blog and you said:
“I’m doing things that I insanely love and everyday that I wake up I have an amazing smile on my face,”
IF doing Tim’s transcripts for free would be something you love insanely, do it! IF you would ONLY love doing Tim’s transcripts for a fee then I do encourage you to go for it since it will make you happy. Just understand that it’s probably not a priority to him just like email capture was not a priority. He said on this podcast:
“I didn’t have time for show notes on this one, but — as usual — I’m happy to include the first comprehensive show notes (with links) that any reader leaves in the comments. I will gladly link to your website in appreciation.”
Do that enough times (without being needy) and he’ll begin to wonder about you and that is your best foot in the door in my humble opinion.
Just my two cents!
[Moderator: link removed]
Thanks Adrian (adroid666@), that’s one amazing comment and fantastic suggestions. I’ve seen the Noah articles (I’m also a fan 😉 ) and they are great. At this point, I’m still working like crazy on a few muses, my last few clients (I use to build websites / databases / web apps) and my crazy monthly challenges.
But I’ll give that some serious thoughts… I wouldn’t do that for “recognition” or anything because i doubt he’d ever notice, busy as he is, but rather as a memory/focus/comprehension challenge and for overall problem solving (if you’ve ever done a transcript, it’s very hard and long, especially if you want to get it right. Just the names of the people mentionned in the Josh transcript I did was hard as hell to understand & find the right spelling and link their names).
I also saw that he asked that question on facebook (i built a script that follows everything he does (web, tweets, facebook, etc) and email that to me as a summary every week 😀 ) so i’d suspect he’s either already doing the transcripts or about too. We’ll see… What was the most interesting transcript i could start with? I found this one + the one with Anthony Robbins to be pretty great….
Tim – Awesome episode!
As requested I have put together a comprehensive show notes for you with time stamps on topics discussed and selected links for people, companies, books, etc. I wasn’t exactly sure what format you were looking for so I just made a Google Doc. Hope this helps and would love to talk more with you re: our DM conversation!
Love this podcast, and also the last one with Pavel. If I have to follow one podcast show for the rest of my life, that would definitely be the Tim Ferris Show (:
You’re killing it with your guests, Tim 🙂
Some time back you asked if people had any suggestions on who to interview. Here’s a short list:
1. How about a Navy SEAL on grit and resilience? Maybe somebody like Mark Divine?
2. The GTD guru himself, David Allen?
3. What about Tony Blauer on practical self-defence?
4. I know you cannot get Warren Buffet, but what about Charlie Munger?
5. Steve Pavlina? You two come from such opposite spectrums that it might be interesting.
6. Dan Benjamin? You guys could have some interesting POVs on podcasting.
7. BJ Fogg. The work he’s doing on tiny habits and behaviour change is fascinating.
8. Astro Teller. Head of Google X.
9. Elon Musk. A bit of a stretch?
10. AJ Jacobs. The two of you seem to like torturing yourselves in the name of personal growth 🙂
Great podcast. I really enjoyed these two questions:
1) What were you passionate about as a kid?
2) If someone gave you 1,000,000,000 to improve the world, how would you spend it?
The Power of the Subconscious Mind
– Joseph Murphy
All this talk about outer adventure comes from within. And it’s all so wonderfully uncomplicated. Such a pretty book. Outstanding theories. Real human element. We can all relate because of course we’re 99.9% genetically the exact same.
Tim – easily your best work so far. The part I found most valuable is when you were specially asking for the types of questions that Peter was asking himself. These questions are one of the key reasons that he and his fellows are able to be as successful. I keep a list of every great question I ever hear and I implore you to keep asking such specific questions!
Thanks for all your work!
2:46 Bio: started 17 companies, mostly space tech. and two universities. Started X PRIZE Foundation then ZeroG, Space Adventures and Planetary Resources to prospect asteroids passing closest to Earth.
7:04 What can you do that will be remembered 300 years from now?
7:37 What does exponential mean? A simple doubling. 30 doublings is a billion.
10:40 Moore’s_law: processing power has doubled every year for last 15 years. In 2023 $1000 pc will calculate at brain speed, 1016 per second.
13:06 How a non-technologist can get involved? You need passion. You can crowdsource the expertise you need – the world is hyperconnected.
16:15 What unusual questions do you ask yourself: is there a grand challenge? Help a billion people to make $1B. Low estimate for 2020 5B people on line. What do they need? How would you disrupt yourself or your company?
20:40 Strategies Larry/Jeff/Elon/Richard have in common. Dream 10x bigger than everyone else, not 10%.
24:22 Advantages of aiming 10x bigger: reduces the competition and requires new methods.
26:24: How Larry/Jeff/Elon/Richard compensate for weaknesses: success (overrides flaws in public’s eye), brilliance and great teams.
28:20 Elon focussed on 3 fields: Internet, Energy and Space. Created Zip2, PayPal, SpaceX, Tesla.
32:00 Jeff Bezos decided book sales would leverage the nascent rapidly growing internet.
35:40 How Tim randomly bumped into Jeff Bezos.
36:40 Challenge of listening to advice: tends to revert to the mean.
38:44 Dick Fosbury visionary highjumper.
40:44 Crowdfunding rises to $100B by 2020. Advantages of very little downside, testing the market and building a community.
44:54 How to hack a kickstarter (Tim’s post).
45:32 Morning routines. Stretching. Reaffirm life purpose and mindset. Emails. Play with kids.
47:00 VO2 max correlated with life span (discussion for another time).
47:30 Friends’ characteristics: passion, curiosity, purpose.
49:40 Human Operating System tools: Tony Robbins Date with Destiny, Landmark
51:40 Incentive competitions. First team to fly a private spaceship 100 km into space, $10M X-prize in 1996. Drove $100M in technology investment.
54:34 HeroX platform to design prizes.
55:20 Climate change. Example of horse manure issue pre-car. Need to increase battery energy density 300%. Solar cell growth is exponential, costs plummeting.
58:40 Carbon capture prize: to capture carbon economically.
59:05 Idea: space “shutter” to block some sunlight reaching the Earth.
1:01:30 Super-credibility. Very important HOW the project/prize is announced.
1:05:10 Convincing Head of NASA (Dan Goldin) to attend X-Prize launch party.
1:06:30 Stone soup.
1:07:20 Pessimism: when BlastOff! failed during tech bust. Recover with passion.
1:09:55 Finding your purpose or mission in life.
1:11:30 Think how would you use $1B to change the world?
1:12:00 Advice to younger self: believe in inner dream of opening up space.
1:13:05 The book “Bold” with additional bonuses including training videos.
1:16:05 Book launches Feb 3, bonuses are available until Feb 6.
1:16:58 Twitter: https://twitter.com/peterdiamandis
Planetary Resources http://www.planetaryresources.com/
Moore’s Law http://en.wikipedia.org/wiki/Moore's_law
Dick Fosbury http://en.wikipedia.org/wiki/Dick_Fosbury
Hack Kickstarter http://fourhourworkweek.com/2012/12/18/hacking-kickstarter-how-to-raise-100000-in-10-days-includes-successful-templates-e-mails-etc/
Dan Goldin http://en.wikipedia.org/wiki/Daniel_Goldin
VO2 max http://en.wikipedia.org/wiki/VO2_max
Date with Destiny http://www.tonyrobbins.com/events/date-with-destiny/
Carbon capture prize http://www.xprize.org/prizes/future-prizes/carbon
Book “Bold” http://www.boldbook.com/
This episode is outstanding! Thank you so much!
Regarding the book question. Pretty unspectacular: !!!!!!!Zero to One!!!!!!
Great interview. I like the idea of becoming a billionaire by helping a billion people. I suppose that’s how all successful businesses start; by helping people solve problems and improving their standards of living. What I’ve learned over the years is that the human will is a powerful force. And we all have the ability to take control of our lives and become or create anything we want. Someone else’ opinion of you does not have to become your reality.
#QOTD: Your blog. Seth Godin Blog and books. Hard sci-fi and sci-fi books. Lastly sci-fi movies: Her (2013), Interstellar (2014), The Congress (2013). First seed where books of Stanisław Lem (1921 – 2006), my home country (Poland) writer of science fiction, philosophy and satire.
I will be the one who force to re-design concept of AI: from digital assistant (who listen instructions then act) we currently want to form; to autonomic intelligence enhancing people (by automatically picking and resolving tasks, by constantly learning and using methods and style of humans). This is just 1st step of 3 [steps of AI development in my vision]. Each step is x10 the one before 🙂
Tim, transcripts please !
Or outsource it to me at least for the podcasts. Ill type em all out within the week !
To quickly answer your question about resources and books that have made me thing BIGGER and make my impact 10X or greator.
1) The 4-Hour Workweek, it’s the hitchhiker a guide to create 10X scale for any person or family. Enough said. Last year, I traveled on 16 trips year and enjoyed each of them. I’m heading to New Zealand in about a week for 10 days and yes, I will be working consulting a client onsite, working remotely from the beach, and then spending a few days traveling and sightseeing (and hopefully learning some new culture). This is the only place beyond Europe and SF that I’ve been, so I’m thrilled to take the trip.
2) Delivering Happiness by Tony Hsieh. Happiness is a choice. Creating a culture and a goal oriented lifestyle is key to getting beyond everyday obstacles.
3) A Complaint is a Gift: constant feedback and authentic connections with customers. It allows us to get feedback and react 10X faster than our competition.
4) Rework by the team at 37signals. Rethinking usability and design.
5) Written by Paul Graham online, but shared by Brian Chesky at an event about building companies “not to scale” and that your first 5 customers are the most important you will ever have. Once you can get it right, then you can learn to scale or shut it down and move on to the next project.
6) Any video or event that I get to see Gary Vaynerchuk speak. He’s the ultimate hustler and love his anti-establishment attitude.
The best question from the podcast, What can you do that the world remember in 200 years from now? I’ll have to give that some thought…
Thanks again Tim for the inspiration!
Great conversation Tim !
Here’s an article in complete opposition to the think 10x bigger but still an interesting line of thought to put things into perspective
I didn’t listen to the podcast yet. Just clicked on the link of Peter’s new book and I have to say that the sales technique is phenomenal, congratulations to Peter and his team! It reminded me of Ramit Sethi and his book suggestion “The Robert Collier letter book”, just perfect implementation of today’s technologies. So I just ordered Bold.
Tim I would love to see your next book sold in such a great way.
Best wishes from Switzerland,
Excellent episode. Knowing people like Peter are thinking so big gets me excited for the future. The battery X-Prize and blocking part of the sun for temperature regulation are mind blowing concepts. I also like his explanation how we all have the ability to contribute, not just the 1%.
Great Podcast as always!
I would like to participate to the shopify contest but you can’t when you live in France (like me). Is there a way to particpate anyway?
Or will I have to wait next year?
• Part I Diamandis Endeavors Review 2:40
• Exponential Perspectives & Examples 7:38
• Tech Knowledge – “Passion & Curiosity” 13:05
• Questions Entrepreneurs Should be Asking 16:22
• Attributes & Strategies Shared by the Top Entrepreneurs 20:55
• How Entrepreneurs Compensate for Weaknesses 26:25
• Elon Musk Background 27:35
• Jeff Bezos Background 32:30
• Who Diamandis Relies On 36:36
• The Future of Crowdfunding & Incentive Competitions 40:30
• Reasons To Go With Crowdfunding 42:55
• Diamandis Morning Routine 45:33
• Qualities in Friends 47:33
• Incentive Competitions 51:50
• Climate Change Problem Solving 55:50
• Super-Credibility 1:01
• NASA Pitch 1:05
• Connect with Your Mission 1:10
Not comprehensive notes but this might help:
1:00 trying to dissect what they do-thinking big
2:00 intro to Peter background, 17 businesses
8:00 world is global and exponential
14:00 crowd source
18:00 “Disrupt self” question
20:30 Common strategies of Bezos, Branson, Musk, Page, et al
22:00 Are you working on something to change the world?
23:00 Experimentation to fail (crazy ideas)
25:00 going 10x bigger, rewards are 100x more but not 100x harder to do
26:00 weaknesses, flaws
27:00 Comparing Musk & Bezos
29:00 Musk in debt, verge of bankruptcy in 2008
32:00 Bezos plan
34:00 Space cadet Bezos
35:00 Tim meets Jeff
37:00 Go toward what you believe in fundamentally
39:00 crowdfunding & incentive competitions
45:00 morning routine
47:00 qualities in friends
49: 00 Look at OS of brain to change self
52:00 $10 million prize
55:00 smart species- see problem way out into future
57:00 Battery & Solar energy
1:01 super credibiity
1:06 stone soup (Children’s story =MBA)
1:07 Brick walls
1:08:50 Guiding Star-passion
1:10 Identify Purpose
1:12 advice to younger self
1:16 book bonus
1:17 most exciting time.
I made some show notes for this great episode. Feel free to use them if you wish. 🙂
Selected links from the show
Date with Destiny
This is Dr. Peter Diamandis (02:40)
The idea of exponential (07:30)
The most important attribute ( 13:50)
What is it the questions that you ask, that most people don’t? (16:10)
How would you disrupt yourself? (18:06)
What should entrepreneurs emulate? (20:25)
How do successful people compensate for their weaknesses (26:00)
Who do you peter rely on to tell you, when you’re wrong. (36:10)
What is the future of crowdfunding from your perspective? (40:20)
How does your morning routine look like? (45:25)
What do you look for in friends? (47:30)
Incentive competitions – The Xprize. (51:30)
The line of credibility – Super credibility. (1:01:22)
Hitting the brick wall (1:07:00)
The ONE thing you need to do! (1:09:55)
Dr. Peter Diamandis
Great episode! I’m currently loving Ramit Sethi’s work and the way he breaks everything down to show you what’s truly possible when it comes to going bigger. Also, it’s great how he applies that concept to everyday situations rather than just business.
Peter Diamandis talks about changing or working on the OS of our minds (brains). However, most people have a resistance to tinkering with their OS because: 1) if it’s not broke (too badly) then don’t fix it (and risk major catastrophe) 2) they don’t know it can or needs to be done (they never ventured outside their own box to look at themselves.
The subconscious is what holds us back or allows us to be super-humans (as Diamandis describes some of those billionaires) with patterns of thoughts (and emotions), limiting beliefs, values, etc. It even has a (moderately strong) defense mechanism (anti-trojan) that protects it’s code from being
maliciously changed. Knowing and using the “machine language,” we can work out the bugs, reprogram OURSELVES into whatever we want.
Many thanks for sharing all this stuff!
The book I would suggest is “How to be lucky” from Matt Kinsella, everything changed since I read it
Reading the comments I am excited to go listen to this which means I need to go for a run. Thinking 10x is something all of need to be inspired to do more. Thanks for the content you put out I have learned more form listening to your podcast than just about anywhere else.
Excellent episode Tim! I don’t usually comment but I really loved this one. All these interesting and inspiring insights and quotes are really motivational and worth keeping in the back of your mind. Thanks!
Excellent interview. Pre Ordered the book on the spot. Thank you Tim for such great content.
FANTASTIC episode. These are the episodes I love listening to. I feel I’ve been aiming too low with my goals and it’s time to step it up and make the biggest dent in the universe I can.
Hey Tim – a great future guest would be Michael Palin – successful comedian, actor, author, traveler.
The first real game changer in this category for me was Atlas Shrugged. I was fresh out of school, and working in a dept at a large corporation with a bad culture, where stagnation and bureaucracy was the norm.
At first, I couldn’t make sense of why I didn’t fit in and why my initiative was poorly received. This book helped me to decipher some of the behaviors I was witnessing, and made me realize that it was okay to shine, and shine big.
This isn’t butt-kissing, it’s a huge thank you – it was your 4HWW. Never successfully launched a muse, never figured out SEO, never did A/B tests… but I would not be where I am today without having magnified my expectations of myself because of your book. After reading it and enjoying the forums and meeting Marcy (online), not a day has gone by where I don’t dream of my family’s future. Times have changed, my family has grown… but life could not be better. I play a critical role in a fantasy sports startup – the kind of place I dreamt of as a teenager when I thought getting a job after school was easy. Thank you so much for being that catalyst.
What would be Tim’s X Prize? That also was an interesting question that came up in the podcast… What is any of ours? I honestly don’t my answer to if I was given 1,000,000$ (let alone a billion) to solve a problem which problem would it be? This’ll keep me brainstorming for a while.
Hi, not to thread-jack, but over on Reddit’s Tim Ferriss forum we’re answering the questions Tim normally asks on the podcast, if anyone’s interested:
As much as you talk about hacking your body and finding ways to optimize performance, you need to pay Vasper another visit, either at NASA Ames where you did it the first time or maybe UCSF is closer to you. Either way we need to get you back on the machine to see some of the strides we make as we are getting ready to hit the ground running when our IRB clinical trials results come out.
[Moderator: email address removed] This would be an awesome case study in a 4 Hour Body 2.0
1. Mindset – By Carol Dweck
2. Anti-Fragile by N.N. Taleb
3. Drive by Daniel Pink
Would love a podcast with N.N. Taleb, if he does that kind of thing.
Fantastic podcast Tim and Peter. I had the pleasure of meeting Bryan Johnson a few weeks ago for an hour and he’s simply a remarkable individual. Glad to see OS Fund investing $100+M in longevity and other moonshots.
[Moderator: link removed]
Thanks again Tim and Peter for sharing your thoughts.
The day before they call your idea a breakthrough, its a crazy idea. Fantastic interview Tim. Peter is so full of optimism and laser-focused action towards his vision.
Got lots of goosebumps listening to his daring and unwavering commitment to his vision.
Also, folding paper 50x and its thickness would reach the sun – whoa! That showcases exponential more than any graph from high school.
Now if you’ll excuse me, back to executing my crazy moonshot idea.
Smart- cuts by Shane Snow goes into Elon and the guy behind Ruby On Rails. It breaks down a bunch of these strategies.
Also ideo of Astro Teller is great on too. Its on You – Tube. D.
Anyone else think it was strange that Peter got noticeably uncomfortable when talking about his morning routine? Felt like there was something else he does he didn’t want to talk about.
Another thought too- Landmark potentially a nice trade too. USD$77 million at 525+ employees. Liking that a lot.
love your site, your a real inspiration
[Moderator: link removed]
Of the two life extending habits Peter mentioned, what was the habit other than flossing?
Hey Tim, this episode is incredible. So much value I keep re-listening.
This is such an amazing episode! Especially all the different questions that you can ask yourself are extremely powerful. Thanks again Tim for your inspiring work 🙂
Tim – spelling mistake on the ‘Bio’ page…”…takes a compliment…”/”…takes ‘as’ a compliment…”. Keep up the good work.
You have inspired me with your books and blog! Your work really motivates me! Thank you for leading the way!
Been loving the podcast — it has been my go-to during frequent long drives and makes the journey that much more enjoyable. All the discussions have been fascinatingly awesome, and I’d like to suggest Alton Brown and Kevin Plank as potential future guests.
Tim, I have a 14 year old daughter who is very smart and motivated and a high achiever. However she perceives herself as defined by the grades she gets at school, treats every task as ultra priority, neglects other parts of her life and is prone to performance anxiety if her results are not outstanding in her eyes. It interests me how many of your guests answer the question “what advice would you give your younger self?” in essentially the same way – don’t take it so seriously, trust your instincts, be creative and take risks. You and your guests provide great insights into how people achieve high performance in many fields, and how we as adults can learn from their experiences. Just think how powerful these insights and lessons could be for young formative minds. Imagine the potential we might unleash in these young minds, freeing them from the shackles of other people’s expectations, not least their peers, and helping them to see that the world truly is “their oyster”. Cheers, Nick P
Here I go I’ll be “that guy” who thinks they know something about everything. Some great books that talk exactly about where your daughter and many others (myself included at one point) are at, are “Mindset” by Carol Dweck (Maria Papova did a article on it on brain pickings) and “Drive” by Daniel Pink. Briefly said, Mindset is about a “fixed” mindset that believes intelligence is static so a grade indicates value vs. a “growth” mindset which holds that intelligence can increase so a grade is only an indication of what has been learned. If you like Mindset I’m guessing you’ll like Drive as well, similiar idea but comes at learning and creativity from the angle of motivation, specifically internal vs. external motivation.
Think and Grow Rich is the book that change the trajectory of my life. I think many agree. I would love you to interview some of those who are well known you started off with reading Hill’s book.
I’m curious as to what your own experience was with the book?
I’m looking forward to a Seth Godin interview someday Tim!
Probably have to say Finite and Infinite Games by James Carse.
You are very inspiring, I just watched your video on daily activities you do definitely give me some ideas, I am about to read one of your books for for the first time, I’ve heard of your books I am really excited to get started! Oh and also I have the same gun…..!
..as a “blue collar” worker in my 40s I never thought I’d have much interest in what I considered were podcasts aimed at the rich becoming richer, or Tony Robbins-lite stuff, but luckily I had previous experience with Tim via the 4 Hour Body so I took the plunge, and I’m glad I did. Your ‘cast with Pavel was great, and now this one was very surprisingly enlightening and enriching as well. Keep up the great work.
Thank you very much, Ian 🙂
Gosh… I was forced, or better invited (she si a gentle soul) ,by my wife to read T4HWW and it is transforming my cells. I have started with the audiobook for practical (commuting) reasons and also the energy delivered by Ray Porter is amazing.. well done for the choice..
I’ll follow up with Dr Peter, he has a good light all over him.. a builder of positive attitudes.. we need a lot of them in this world.
As for the book, I reckon that the most important (and probably the first) was Awaking the giant Within (Tony Robbins) I believe that Tony, like you and many people you introduce to us, has a extraordinary energy. That energy have become mine.
The ONE thing also made a strong impact on me.
I have just started so there will be a lot more to come.
Ci vediamo presto.
There are so many great books that inspired me, but I remember “The magic of thinking big” as mind changing. If it is about financial independence, I recommend books from Kiyosaki like “Rich dad, poor dad”.
I personally find it really important to have the mind set. It’s like a program which you have to set it to how you want it to work. But conditioning the mind is hard but when you do it, your thinking will lead you to great things. Wonderful podcast, by the way.
Spot on man, spot on. I grew up with friends that were more brilliant, more athletic, more diligent – but looking back at what separated me in a good way in the end? The support and praise my parents and friends showered me with and books like Tim’s that basically train your mind to assume you WILL be successful and that all that’s left to worry about is how. That is why every day I let my son know that he will do amazing things for the world. It could be buying someone a coffee when they realize they have no change – the important thing is that he’s got the mindset to make the most of what he’s been given.
Tim quoted someone on a recent podcast and it stuck with me – “it’s hard to fail completely when you set your goals high enough”.
Yeah, well companies also use that quote to sell ad space. They even spelled his name wrong – http://goo.gl/S6VwrJ
Plans still to post the books & music that you are into for the week? I know you did that a few times late last year and was always interested.
Yessir! Thank you for the reminder. I’ll see what I can whip up.
This by far my most favorite podcast from Tim. Tim is getting a bit better at interviewing his guests on his show.
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Love the the title of the Podcast,but lets be real, no one can truly think like Elon Musk or Jeff Bezos. Thats because we are not like them nor should we try to be, but what we can do is glean some insight into how they think and apply a little bit of it into our lives. Those guys are where they are because of who they are intrinsicly.
[Moderator: link removed]
Elon musk is a true legend. The fundamental difference i see in him as compared to other tech leaders is that he is determined on changing the norms and changing the system.
His outlook on life is to truly revolutionize systems and products for better more sustainable living and that is a mindset my friends which must be developed.
As always great stuff Tim. I look forward to each podcast and always have great take-aways.
Would love to spend a few minutes some day sharing our story with you.
We are making significant impact, but would need to up the game exponentially.
Paul Millef, founder Cure Duchenne and food industry entrepreneur.
What does exponential actually mean?
We are fundamentally local and linear thinkers we evolved in a world that was local and linear, everything that affected you was in a days walk. It was a very local existence. If something happened on the other side of the planet you knew nothing about it.
And things were linear in that your family over the ages, nothing changed over the generations and millennium to millennium it was pretty constant. Today the world is anything but that, today the world is global and exponential and what I mean by that is fundamentally and simple doubling. If we look at exponential it would be 1,2,4,8, 16, 32, when your progress is able to double year on year on year…
An example. If I asked you to take 30 linear steps most people would go… 1,2,3,4,5…..30 steps then you’re off the street 30 meters away. If I asked you where you would be if you took 30 exponential steps, unless you had it memorised, few people would realise you would be a billions meters away.
The difference is huge!
When we talk about exponential it’s often paired to different technologies…robotics, synthetic biology, AI….
All of this is underpinned by the increase of computational power, typically know as Moore’s Law (http://en.wikipedia.org/wiki/Intel)
Gordon Moore says in a paper that they have been noticing that the number of transistors in an integrated circuit had been roughly doubling for the same cost every 18 months and this is likely to continue.
That became known as Moore’s Law and has been that way for the last 50 years as a constant so overtime you go to Best Buy every 18 months or so the computer you buy has more processing power than it did for $1000 18 months earlier.
This is extraordinary! Look at a computer that you had in 2010/2011 that computer was calculating at 100 billion calculations per second…in 2023 the total computational power of your 1000$ computer is calculating at a 10th of a 16th cycles per second. That is the rate at which our brains are doing pattern recognition!!! But it doesn’t stop there because 25 years later the average 1000$ computer is thinking at the rate of the human race!
How can someone who is not a technologist change their thinking without knowing much about technology…
The single most important attribute that you need to tap in to these technologies is passion and curiosity.
Remember – we are in a hyper connected world, and in are a lot of really smart geeks, who are the worlds expert in machine learning, intelligence and robotics and some of them absolutely wish they had your skills – writers, marketers, great at making money, that they have business ideas, all kinds of things.
So I write about [in Bold: How to Go Big, Create Wealth, and Impact the World] is how to crowd source. You can ask the crowd to make your idea happen and someone with the skills can make it happen.
Technology could mean – learning to ask better questions of yourself. What are some questions that you ask that many other people do not ask?
One of the questions is – Is there a grand challenge or a billion person problem that you can focus on?
I’m asking entrepreneurs to stop focusing on bringing out another photo app and ask them – what are you most passionate about? and can you go and solve one of the grand challenges? If you want to become a billionaire focus on helping a billion people.
In this hyper connected world we are going to have another 3-5 billion new people come online so one of the questions is – What do they need?
Look at the projects Zuckerberg has, Google has, that Elonz has… there are at least 3 separate competing concepts for deploying drones, balloons, satellites that will give a megabit connection to every human on the planet.
3 – 5 billion new consumers – what do they need? The represents tens of trillions dollars coming into the global economy and they also represent an amazing resource of innovation.
The other question I ask is – How will you disrupt yourself?
Every entrepreneur, business, company will be disrupted, and the rate of disruption is increasing.
Companies on the SMP 500 that started in the 20’s had an average lifespan of 67 years, today the average lifespan is 15 years!!
Find the smartest 20 somethings in your company and give them permission to figure out – how would they take down your company?
What are some of the strategies of the people we’ve spoke about have in common?
(Elon, Richard Branson, Larry Page, Jeff Bezos)
There’s a number of critical key attributes:
– The level of “moon shots”, their willingness to dream really big, go 10 times bigger than anyone else, not 10% bigger.
Larry Page said “I have a simple measure right now for people – are you working on something that can change the world – yes or no” he says “99.999% of people of the planet – the answer is no”.
When you are going for the moonshot you are not going 10 % bigger – that’s what everyone else is doing – but when you’re going 10 times bigger, you’re out there by yourself.
When you are trying to go 10 times bigger you need to start with a clean sheet of paper. There’s no use dragging a legacy of the past into the future.
It’s typically not 100 times harder to go 10 times bigger but the reward is 100 times bigger.
Jeff Bezos said “Our success at Amazon is a function of the number of experiments we do per year, month, per week, per day. And when you do experiments you fail, and if you don’t have a thick skin you’re not going to be able to succeed”.
The day before anything is a breakthrough – it’s crazy idea and if it’s not a crazy idea its not a breakthrough, it’s an improvement. So where inside of your companies are you trying crazy ideas?
How do people like (Elon, Richard Branson, Larry Page, Jeff Bezos) compensate or cover their weakness while still going for the “moonshots”?
I think we get to know them after their successful, and there’s a lot of people like them that are successful that we don’t know about. When you reach that level of success, the public sort of ignores your flaws to a large degree.
They also build amazing teams that make up for it and they are extraordinarily smart, these guys are brilliant.
Who do you rely on to correct you or point out flaws in your thinking?
I will say there’s not a shortage of people who will do that. LOL I think it’s my business partners. The challenge is if you listen to people it’s tough to be revolutionary because the majority of people will take you back to the mean and that’s not the place to be.
Scott Belski said “When 99% of the people doubt your ideas you’re either gravely wrong, or about to make history”
Mark Twain “Whenever you find yourself on the side of the majority it’s time to pause and reflect”
What do you think is the future of crowd funding and incentive competitions?
Crowd Funding http://www.crowdfunding.com
– projected in 2015 there will be 15 billion dollars of crowd funding.
– 100 billions dollars by 2020.
– it’s something that every single entrepreneur should be experimenting with
– it allows you to get the money in advance and get the vote of the world if they even want your product or service
– you get to find out what colour, size, shape – the most honest vote
– not all things should be crowd funded,but if it can be, it should be.
– You build a community using crowd funding
– Prove to yourself if you can execute a business
What morning routines do you or have you had that you use consistently
– stretching (in shower) lower body, breathing exercise – affirmation mantra – accelerated deep breathing
– (From Date with Destiny) I repeat my purpose in life and the mindset I want to have for the day in the shower
– scan emails
– play with my kids
– improving VO2 max?
What do you look for in friends?
The quality of life is function of who you go through life with. You’re the average of the 5 people you hang out with most.
I’m looking for people who are going to up my game, who I love spending time with, who make me feel great/happy, who are not yes men or women, who I can dream with.
Have you had to break up with certain friends or associates?
It’s not been dramatic, just drifted away from.
Then there’s people who are self defeatists, negative in their mindset. So I will give them the skills to think differently with.
– Landmark forum
– Tony Robbins
Are great resources to change your thinking.
Incentive competitions – what does it mean? http://www.innovationinthecrowd.com/incentive-prize-competition/
I teach in “Bold” How do you give birth to a big bold idea above the line of super credibility?
We are launching incentive prizes for the worlds biggest problems. What’s a problem that should be solved that hasn’t been?
We think about that and we launch 2 or 3 prizes a year and I fundamentally believe there is no problem we cannot solve and that the technologies that allow us to do things are technologies that were only resident with government and large corporations 20 years ago.
We have access to 10’s of billions of crowd funding, it’s an amazing time to be an entrepreneur and the number of people solving problems is also exploding so that gives me the greatest hope for the future so we are constantly sourcing prize ideas.
One of my mantras is “Stop complaining about problems – go solve them”
How do you suggest people think about climate change and addressing the problems of that?
– We see the problem before it hits us, we are good at that. By the time the problem hits us there’s a lot of tools and ways for us to address it.
– We are working on 2 X prizes now
1. Battery X prize – increase the energy density by 300%
2. Carbon Capture X prize – can you capture 80% of the carbon coming out of a natural gas coal smoke stack and turn it in to a useable product that is worth more than the cost of capturing it that it becomes a profit centre.
– Lets say we are too late – we have hit a critical turning point – we do have the technology to launch into space something that blocks energy coming towards us.
“The person who says we are screwed and there’s nothing we can do and the person who says we are fine are the same because nothing will get done either way”
Super credibility – what does that refer to?
Every entrepreneur should learn this.
Each person in ur own minds has this line of credibility and if I announce something to you below the line of credibility you would dismiss it out of hand – if I said this teenager next door is going to build a spaceship and fly to mars you’d think he’s a nut forget it!
And if you announce a project above the line of credibility it’s then ‘maybe they’ll do it’ and if maybe I announced I’m planning to build a spaceship and go to mars maybe they’ll think – ‘interesting let’s watch and see what Peter does’ and depending on my actions they’ll either dismiss it in a few days, months, year later or they’ll increase in credibility and then there’s this line of SUPER CREDIBILITY in our minds, that if you announce something above the line of super credibility ‘oh my god that’s amazing when is it going to happen’
How did you convince the head of NASA to be on the stage for your big idea?
The pitch was – listen wouldn’t you want entrepreneurs around the world to be working on new technologies so that this is off your balance sheet.
You build credibility by getting one name at a time – safety in numbers – step by step.
Stone soup – children’s story – super credibility must read. http://en.wikipedia.org/wiki/Stone_Soup
Have you had a point in your life where you were pessimistic for more than a short period of time?
For sure! We all hit brick walls.
I was on a major project that got shut down.
I went into a depression for a day or two.
Then came out of it and re-focused.
For me my passion my guiding star is opening up the space frontier and today that guiding star is also solving grand challenges. So whenever I get bummed or pissed off I refocus on that guiding star and it reenergises me. If you’ve got your passion and it is a bottomless pit of enthusiasm and energy.
The self talk is
– Why do I believe this is important?
– Look how far I’ve taken it so far
– Reminding yourself what my purpose in life is (and if you don’t know it – find it)
To find it:
1. What is it that you wanted to do when you were a child, before anyone told you what you were supposed to do.
2. If one of us gave you a billion dollars, how would you spend it? If I said to you, use it to go and improve the world, to go solve a problem – what would you do with it?
If you could give your 20 yr old self a piece of advice what would it be?
– Really believe in my dream.
– By Google & Amazon stock LOL
TODAY YOU CAN DO MORE THAN EVER BEFORE.
Take the shackles off your dreaming abilities – create a world of abundance.
[Moderator: link removed]
Tim – I’m a HUGE Fan of all your work. Can you do a podcast with someone who is an expert in creating balance in work and parenthood? In this podcast he mentioned his brother is working on the “Fatherhood Manifesto” about being a great dad while trying to change the world. I’m sure many of your listeners are like myself: we are ambitious and love what we learn from you, but being a father presents many challenges.
We would love to hear more about being a successful parent as well as flying into space and kettlebell presses.
I really wish these were transcribed. I’m a reader and it saves gobs of time for me to read through podcast. Just a suggestion Tim..
Peter started to touch on understanding our selves better and learning to understand what we are capable of. One of the biggest eye openers for understanding myself better can be contributed to learning more indepth about my personality type. I am an INTJ, like you Tim, and when I delved deeper in understanding how unique my personality is and why I respond and think the way that I do, it gave me a new perspective on things. I would encourage you and anyone to explore Personality Hacker’s podcasts and web site. Their content is unmatched for people who have intuitive wiring. May be a good future podcast to explore 😉
Understanding our personality type is like understanding how our operating system is wired. Why it responds this way in moments of stress, why it is so drawn to this or that. I wouldn’t be surprised at all if Bezos, Musk, Branson, Diamandis, were all Intuitive thinkers.
I would love to see the hyper loop from NY to CA. I think that would revolutionize travel as we know it.
Jeff and Elon are just wired differently and as much as people would like to think like them I’m not sure many people can
I bet they are wired different. I would imagine they are Intuitive thinkers. People who think this way make up about 1 in 4 of our population. Couple that way of thinking with an Introverted nature and a deep Thinker and the bounds are limitless with the right circumstances and being around the right people. It all comes down to how our internal operating system is wired … and the “apps” that we choose to install.
Tim, I know this may break your heart but Shackleton may never have written this ad you enjoy so much…
Hi Peter (Diamandis)
Until about the end of the 1. minute I thought: not a bad interview at all.
But in the last 10-15 minutes you are really hitting it right out of the ballpark.
I don’t know how many people actually realize the importance of what you said about following ‘that shining star’. That’s what it all comes down to, isn’t it? If you don’t have that shining star, your goals in life will be mediocre, at best. That is OK for some, but not enough if you want to change the world!
In this connection I also loved the childhood / 1 billion $ question. Super critical to find out about that “shining star”.
I have a couple of other important (at least to me) questions. But I guess you might never actually see this comment of mine. So I wait until I am shown that I am wrong… 🙂
Kind regards from Greece,
PS: Do you have Greek origin? The last name would make me think so.
PPS: OK, just found the answer to my PS in the dedication of ‘Bold’ (which I bought after I wrote the comment above). Lesvos, nice. So, I will call you Petros from now on. Γειά σου, Πέτρο! 🙂
Brendon Burchard, Tony Robbins, Tim Ferrises book are all great!
Zero to One, Lean Startup and Start With Why.
Too many good books… 😉
After a good book on anything SEO and online marketing if someone has a suggestion!
During the podcast Peter mentioned breathing exercises he does and a connection between something related to that and longevity. He also mentioned flossing. I haven’t seen this show up in any of the comments and have had a hard time Googling to learn more. Can anyone fill me in on what he’s talking about?
It is said that flossing can extend your life span up to 7 years. From what I know it’s because the teeth (through their nerves, I guess) are connected with the heart. So, bad teeth can be harmful for your heart.
For details I am sure you’ll find plenty of info on the web.
My take on this is:
Flossing is such a pain in the neck that the 7 years you might gain are evened out by the time it takes for the proper flossing, and the swearing you will do during the process which will probably cause stomach ulcers… 🙂
I doing what he said, thank you Tim. You change my life again. Big positive
Chris Palmore Presents The Tim Ferriss Show 1 Minute Recap Episode #56 Dr. Peter Diamandis http://youtu.be/YYblP1jzcKw
This guy’s a bad-ass! I love the X Prize Foundation idea and the fact this guy is giving such great incentive for some of the smartest people to fix the world’s toughest problems. Very fascinating listen!
Which book did Peter recommend that was a children’s book essentially?
He talks about the story called “Stone Soup”. http://en.wikipedia.org/wiki/Stone_Soup
Love the access to such incredible people on the cutting edge of things. It’s reshaping my (OS) beliefs about what our future is going to look like. I’ve experienced the “training” ( imagovie.com ) and so glad Peter mentions it because it’s given me permission to questions things which starts you on the path where you can see other options that can change the world in exponential ways. Heading out to get Peter’s two books! Thank you : ) – again!
Tiim I am a huge fan, I have all the books and listen to your pod casts. However, I am a bit confused, Pavel Tsatsouline did not support lift to failure (which I have been doing for several months now with moderate success) and you did not disagree or comment on it. You take such a position on it in your book, could you please enlighten me? Thank you.
Hey just wanted to say I have tried ashwaganda when I had anxiety and so did my brother. Both of our anxieties increased and we realized it wasn’t for us. Guys be careful when considering a medication or supplement based on someone else’s recommendations.