I’m often asked, “What does your typical day look like?”
In an attempt to answer this difficult question, I met up with Morgan Spurlock’s film crew for an episode of “A Day In The Life.” The full Friday we shot (I reserve Fridays for in-person meetings) reiterates a point I’ve driven home before: The 4-Hour Workweek is, and always has been, about using time optimally, not being idle.
It also shows how much I love my POS VW Golf, which is having its 10th birthday soon.
To clarify the intro, here’s a mostly complete list of start-ups I advise and have invested in:
Would you like to work together? If so, watch the “Advise This!” video below and tell me about your company in the comments, ideally in 200 words or fewer. Stats are always helpful.
Look forward to checking it out. In the meantime, I have to wrap up The 4-Hour Chef!
It’s shaping up to be a fun one… :)
——- Odds and Ends:
WellnessFX Competition – Would you like to spend 30 minutes with me? I’d love to learn what you’re up to and see if I can help. WellnessFX, featured in the above episode, is sponsoring a giveaway for six 30-minute slots. Click here to learn more.
SXSW – “Advise This” Panel – So, what do start-up “advisors” do, exactly? How do you recruit A-listers to your cause? Or, better yet, how do you assemble and leverage the *right* team? In the below panel, Gary Vaynerchuk, Tony Conrad, JR Johnson, Chase Charvis, and I discuss the relationships between founders, investors, and advisors in start-ups. You’ll recognize the now familiar “14 minutes into my 15 minutes…,” which I say to keep my head from getting too damn big. It’s a Seneca thing:
Chad Mureta runs his seven-figure app business from his iPhone. (Photo: Jorge Quinteros).
I first met Chad Mureta in Napa Valley in 2011.
Two years prior, he had been in a horrible car accident. He’d lost control of his truck in at attempt to avoid a deer, hit a median, and flipped four times, nearly destroying his dominant arm in the wreckage.
While in the hospital for a lengthy recovery, a friend gave him an article about the app market. Shortly thereafter, Chad began designing and developing apps. His results?
“In just over two years, I’ve created and sold three app companies that have generated millions in revenue. Two months after launching my first company, one of my apps averaged $30,000 a month in profit. In December of 2010, the company’s monthly income had reached $120,000. In all, I’ve developed more than 40 apps and have had more than 35 million app downloads across the globe. Over 90 percent of my apps were successful and made money.”
After finishing rehab, Chad was able to leave his real estate company, where he’d been working 70 hours a week, to run his app business from his iPhone… in less than 5 hours per week.
“Apps” are the new, new thing, thanks to major successes like Draw Something (bought by Zynga for $210 million) and Instagram (bought by Facebook for $1 billion), among others. But for all the hype and promise, few people actually know how to create something that gets traction.
In this post, Chad will discuss his step-by-step formula for rapid app development and sales optimization. It covers real-world case studies and the details you usually don’t see: early prototype sketches, screenshots, how to code if you don’t know how to code, and much more.
Last but not least, don’t miss the competition at the end. If you’ve ever thought “I should make an app that…,” this one is for you… Read More
Many times in the last five years, I’ve been asked: “If you could have dinner with anyone in history, who would it be?”
My answer is always the same: Richard Feynman.
Right alongside Seneca’s Letters from a Stoic, Feynman’s book Surely You’re Joking, Mr. Feynman! (Adventures of a Curious Character) hugely impacted every aspect of my thinking when I first read them circa 2005. Since then, I have studied Feynman’s letters, teaching style, discoveries, and beyond. How many Nobel Prize winners also safe crack and play bongos in bars for fun?
The above video will give you an taste of why I love Richard Feynman. It was forwarded to me by Brew Johnson and J.R. Johnson, whom I owe huge thanks, as I’d somehow missed it. About the program, Professor Sir Harry Kroto, recipient of the Nobel Prize for Chemistry, said:
“The 1981 Feynman Horizon is the best science program I have ever seen. This is not just my opinion – it is also the opinion of many of the best scientists that I know who have seen the program… It should be mandatory viewing for all students, whether they be science or arts students.”
Feynman’s makes me want to be a better teacher and, ultimately, a world-class parent (you’ll see what I mean). A few notes on the video:
- I first watched this in 10-minute bites before bed. There’s no need to watch it all at once.
- :30-:38 is fascinating physics, but physics nonetheless. He does a masterful job of getting lay people excited (his cadence helps a lot), but skip if needed, rather than missing what follows.
- :40+ explains part of his teaching philosophy, which greatly influenced how I outline my books.
- His concept of “active irresponsibility” is worth remembering.
May you all experience the pleasure of finding things out, starting here with a closer look at a most curious character: Richard Feynman.
If you could have dinner anyone from any time in history, who would you choose and why? Assume you can’t tell anyone about the dinner, so bragging rights don’t apply. What would you want to learn, know, or experience?
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Odds and Ends: Tim Ferriss on Reddit AMA (answering some controversial questions, too) The 4-Hour Chef site – Brand-new and soon getting more. Some of the copy is placeholder text, but it give you an idea.
Let us start with a quote, often misattributed to Goethe:
“Concerning all acts of initiative (and creation), there is one elementary truth, the ignorance of which kills countless ideas and splendid plans: that the moment one definitely commits oneself, then Providence moves too. All sorts of things occur to help one that would never otherwise have occurred. A whole stream of events issues from the decision, raising in one’s favor all manner of unforeseen incidents and meetings and material assistance, which no man could have dreamed would have come his way. Whatever you can do, or dream you can do, begin it. Boldness has genius, power, and magic in it. Begin it now.”
- William Hutchinson Murray, The Scottish Himalayan Expedition (1951)
If you want a lesson in boldness, and to cross things off of your bucket list, there is no better teacher than Ben Nemtin.
His story, and that of the entire Buried Life team, is amazing.
It started with a list of 100 things and a planned two-week roadtrip. Along the way, Ben has somehow managed to play basketball with Obama, throw the first pitch at a Major League Baseball game, delivery a baby (not his), make the biggest roulette spin in Vegas’ history, and much more.
Most recently, they crossed off #19: Write a bestselling book. Their debut, What Do You Want To Do Before You Die?, just hit #1 on The New York Times, which will be announced officially April 15th. To celebrate? They’re sending a copy of the book into space.
It all seems unbelievable, which is exactly why I love this guest post from Ben.
This original content covers his 6 steps for crossing anything off of your personal bucket list. There is a method. Everyone needs a kick in the ass sometimes, and this did it for me.
Enter Ben
If there’s one thing I’m proud of, it’s being able to tell good stories.
Not because I’m a particularly good storyteller, but because I’ve been able to accumulate some amazing experiences in the last 5 and a half years.
It was 2006 when I first hit the road with my next-door neighbor, his younger brother, and a kid I knew from high school to accomplish a list we had created of 100 things to do before we died. We made a promise that for every item we crossed off, we’d help a total stranger do something they wanted to do before they died. To date, we’ve accomplished 81 items on our list and helped over 81 people.
In addition to those Tim mentioned in the intro, and among others, I’ve made a TV show, crashed the Playboy Mansion, streaked a stadium, been on Oprah, reunited a father and son after 17 years, made a $300,000 donation to charity, helped a girl find her mother’s grave for the first time, and am trying to help a college freshman find a new kidney (Need your help on this one: info here)… Read More
If you’re a white-collar worker, hacking your body isn’t limited to the gym. In fact, what you do outside of the gym might be more important that what you do inside the gym.
Recent research suggests that those who sit from 9-5 (more than 6 hours daily) and exercise regularly are more likely to have heart disease than those who sit less than 3 hours per day and don’t “exercise” at all. ff Venture Capital, a New York early-stage technology venture capital fund, recently moved into a new NYC location, and they’ve documented their experiments and findings in rethinking the office for physical optimization.
David Teten of ff VC contributed this detailed post, which provides a laundry list of ideas for transforming your office–home-based or otherwise–from a liability into a performance enhancer… Read More
Tobi Lutke, CEO of Shopify. How did they turn a $100,000 prize into $12,000,000 in transactions?
In the world of magazine articles, one of my all-time favorite headlines is “Anything You Can Do, I Can Do Meta” from the MIT Technology Review, a feature about billionaire programmer, Charles Simonyi. Charles designed Microsoft Office and is outstanding at looking at programming as different layers of abstraction.
How can we raise our perspective from 5,000 feet to 30,000 feet to learn a few things? This post will do that with competitions.
Today, Shopify, a start-up I have advised since 2009, announced the winners of their Build-a-Business Competition, featuring a grand prize of $100,000 cash. Winners were determined by combining their two highest-revenue months in an 8-month competition window.
I want this post to show two things, and the second is where meta comes in:
1) How the competition winners won and key lessons learned in taking their products from ideas to profitability. This includes manufacturing, marketing, PR, and just about everything in between. I’ve looked at these types of lessons before.
2) How Shopify has used these competitions to build their own business several-fold and cross the chasm from early-adopter to mainstream. This is something I’ve never written about… Read More
The dunes that inspired Dune: Agate beach sand dunes. (Photo: Kevin McNeal)
For a mere 20 years or so, I refused to read fiction. Read something that someone just made up? I can do that myself, thanks.
That was the attitude at least.
My time of reckoning came when I needed to fix insomnia, and non-fiction business books before bed just compounded the problem. I began reading fiction to “turn off” and instead saw breakthroughs in creativity and quality of life as a side-effect.
Now, if people ask me, for instance, “Which books should I read on leadership?”, I might reply: “Dune and Ender’s Game.” I’ve come to look for practical solutions in both fiction and non-fiction.
For those of you who are stuck in the business or how-to sections, as I was for decades, I offer you 10 fiction books that might change how you view the world… and how you perform.
Peter Diamandis explaining X PRIZE economics. (Photo: Hubert Burda)
Dr. Peter H. Diamandis is the Chairman and CEO of the X PRIZE Foundation, and co-Founder and Chairman of the Singularity University, a Silicon Valley based institution partnered with NASA, Google, Autodesk and Nokia. Dr. Diamandis attended MIT, where he received his degrees in molecular genetics and aerospace engineering, as well as Harvard Medical School where he received his M.D.
He’s no underachiever.
I’ve known Peter for several years, both as a friend and as advising faculty at Singularity University. He is known for being incredibly resourceful. And, true as this may be, it’s his ability to teach resourcefulness that impresses me most… Read More
Paulo Coelho has long been one of my writing inspirations.
His work, of near universal appeal, spans from The Alchemist to the most recent Aleph and has been translated into more than 70 languages.
Few people know that The Alchemist, which has sold more than 65 million copies worldwide, was originally published by a small Brazilian publisher to the tune of… 900 copies. They declined to reprint it. It wasn’t until after his subsequent novel (Brida) that The Alchemist was revived and took off.
I, for one, have always been impressed with consistent writers. Paulo, who averages one book every two years, is staggeringly consistent. As I type this, I am under the pressure of book deadlines and often feel as Kurt Vonnegut did: “When I write, I feel like an armless, legless man with a crayon in his mouth.”
My output is erratic at best, and I wondered: how does Paulo write? What is his process? How does he think about it?
I reached out to him, and he was kind enough to reply with the attached/linked audio. In it, he provides some gems and answers the following questions, which I posed to him (I provide my own abbreviated answers in brackets)… Read More
Chip Conley is the founder of Joie de Vivre Hospitality, which he began at age 26 and built to more than 30 properties in California alone. In 2010, Joie de Vivre was awarded the #1 customer service award in the U.S. by Market Metrix (Upper Upscale hotel category).
Conley has also been named the “Most Innovative CEO” in the Bay Area by the San Francisco Business Times, and I’m proud to call him a friend.
We’ve shared many glasses of wine together. He doesn’t know what I’m about to tell you, but it’s true (Hi, Chip!). When we first met, and after reading his first book on Maslow’s hierarchy of needs, I wondered “Is this Chip dude for real? Implementing self-actualization in a company?!?” My curiosity drove me to visit a few of his hotels, including Hotel Vitale, where I eventually concluded: these are the happiest employees I’ve ever met.
He has figured out what makes people tick.
The following post is a guest post by Chip and based on his new book, Emotional Equations. Be sure to read to the end, as there is a chance to win an expense-paid trip to SF to spend an entire day training with him.
Deal-making? Empire building? Self-fulfillment? He’s your guy.
