“Mullet wigs change everything.” – Chris Sacca
Sometimes one interview just isn’t enough. That was certainly the case with my good friend, Chris Sacca. Chris (who I interviewed before) was recently the cover story of the Midas Issue of Forbes magazine. He was on the cover because he’s a newly minted billionaire and the proprietor of what will likely be the most successful venture capital fund in history: LOWERCASE Capital.
He’s an early-stage investor in companies like Twitter, Uber, Instagram, Kickstarter, and many more.
Also, he wears cowboy shirts, has a great beard, and is hilarious, which is reason enough to bring him back for more. In this episode, he answers all of your most pressing questions based on your votes and feedback. You’ll find some fantastic responses, ranging from life advice to business recommendations and everything in between.
You can find the transcript of this episode here. Transcripts of all episodes can be found here.
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Want to hear another episode with an entrepreneur on Shark Tank? — Listen to my conversation with Daymond John. In this special episode, Daymond asks me the questions that can help you turn any weakness into a strength (stream below or right-click here to download):
This episode is brought to you by Foodist Kitchen. Sometimes the most life-changing habits are the ones we put off, and learning to cook is at the top of that list. I only finally took the plunge when writing The 4-Hour Chef, and it turned my eating and my life into high definition. Foodist Kitchen is a 30-day program that teaches you how to cook without recipes, and I highly recommend it. Chopping and sautéing are just a small part of the whole deal — you also need to know what flavors taste good together and what it means to cook until done.
Foodist Kitchen brings all these skills together so you can walk into the kitchen, open the fridge, and have an intuitive sense of what to cook and how to do it. It was created by Darya Rose, who’s a friend of mine and one of my cooking mentors for The 4-Hour Chef. She has offered a $15 discount off your membership, so check out FoodistKitchen.com/Tim to learn more about the program.
This episode is also brought to you by Exo Protein. These guys are making protein bars using cricket protein powder. Before you look disgusted, I bet they taste better than any protein bar you’ve ever had before! With recipes that were developed by a three-Michelin-star chef, the bars are paleo-friendly, with no gluten, no grains, no soy, no dairy, and they won’t spike your glycemic response. In fact, they’re less processed than any other protein bars you’ll be able to find.
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QUESTION(S) OF THE DAY: If you could team up with any entrepreneur to help your business grow (like on Shark Tank), who would it be and why? Please let me know in the comments.
Scroll below for links and show notes…
Enjoy!
Selected Links from the Episode
- Chris Sacca on being different and making billions
- Chris Sacca’s commencement address at the Carlson School of Management
- Necker Island
- Mullet wigs
- Grateful Dead bootlegs
- Baauer – The Harlem Shake
- Jay-Z and Kanye West featuring Beyoncé – Lift Off
- Truckee, California
- CES
- PlayStation Portable
- How to Get Filthy Rich in Rising Asia by Mohsin Hamid
- Not Fade Away: A Short Life Well Lived by Laurence Shames and Peter Barton
- IRONMAN Triathlon
- StyleSeat
- Inventure
- Vintage Western Wear
- Shark Tank
- Brickhouse Cafe in SoMa
- Connect with Chris Sacca:
Periscope | Twitter | Instagram
Show Notes
- Suggestions for Chris Sacca’s DJ handle? [04:20]
- Finding and hiring a good technical co-founder vs. exporting to a mobile web development company to retain equity [05:19]
- Chris’s commencement speech message [07:02]
- What are the keys to success for an amazing disco night? [08:28]
- What are situations where startups should not take investor money? [10:29]
- Which person would Chris like Tim to interview? [12:09]
- What’s Chris’s best advice for getting down to business when it’s getting tough? [14:07]
- Are you on offense or defense? [17:23]
- If Chris could move his family anywhere and start fresh, where would it be? [18:22]
- How does Chris envision the impact of rapid technological advancement on the future of humanity? [22:01]
- Is Walmart good or evil? [25:34]
- Is society headed toward utopia or dystopia? [27:28]
- Why does Chris think cultivating an empathetic perspective toward business is important? [30:31]
- Is education the answer to the world’s problems? [32:50]
- If Chris were to start his own school, what would be its focus? [34:30]
- What real-world, transferable lessons has Chris learned from Ironman triathlons and other feats of strength? [35:28]
- Is Chris more inclined to invest in a proven entrepreneur or a first-timer with experience relevant to their field? [36:54]
- How can venture capitalists bring more diversity to their firms and portfolios? [38:27]
- What’s the best way to learn and improve in a startup environment? [43:46]
- Does Chris foresee a time when he’ll be bored with investing? [44:19]
- How to schedule a vitally important meeting to interact with Chris during his Shark Tank appearance. [49:09]